Friendship House Housing Development Fund Company Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 842045943 ✦ Rome, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friendship House Housing Development Fund Company Inc?

Friendship House Housing Development Fund Company Inc is a nonprofit organization, established with the purpose of managing a 101-unit low-income housing project. Situated at 23 Leon Avenue in Cortland, New York, this corporation's mission is to provide affordable housing options for individuals within the city and county. The organization, as per the information, focuses solely on rental services for this specific project. Although the description provided is limited, it highlights the organization's commitment to providing housing solutions for those in need within the community.

Is Friendship House Housing Development Fund Company Inc legitimate?

Friendship House Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship House Housing Development Fund Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Friendship House Housing Development Fund Company Inc?

Friendship House Housing Development Fund Company Inc is a not-for-profit organization established with the primary objective of providing rental housing for individuals with low income. Operating a 101-unit multifamily housing project, their mission is to contribute to the housing needs of this demographic, thereby promoting social equity and affordable living solutions. While the provided information does not detail specific initiatives or additional services, it is clear that Friendship House Housing Development Fund Company Inc is dedicated to addressing housing needs for those with limited financial resources.

Who is the CEO of Friendship House Housing Development Fund Company Inc?

Donald Davidson is the President of Friendship House Housing Development Fund Company Inc.

What is the revenue of Friendship House Housing Development Fund Company Inc?

Friendship House Housing Development Fund Company Inc's revenue in 2020 was $923,224.

Who are the executives of Friendship House Housing Development Fund Company Inc and what are their salaries?



Where can I find the form 990 for Friendship House Housing Development Fund Company Inc?

Friendship House Housing Development Fund Company Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Friendship House Housing Development Fund Company Inc

Friendship House Housing Development Fund Company Inc is a not-for-profit corporation dedicated to providing affordable housing for individuals with low income. Established with the goal of operating a 101-unit multifamily housing project, this organization has set its mission to cater to this specific demographic. Based on the information provided, it can be inferred that Friendship House Housing Development Fund Company Inc strives to make housing accessible and affordable for those who require financial assistance, thereby contributing to the overall well-being and stability of its residents.

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Impact




October, 2024

Friendship House Housing Development Fund Company Inc. has a significant impact on the local community by providing affordable housing options for low-income residents in Rome, NY. By operating a 101-unit multifamily housing project at 23 Leon Avenue, the organization plays a crucial role in addressing the housing needs of vulnerable populations, helping to combat homelessness and housing instability.

The availability of low-income apartments enhances the quality of life for residents, allowing them to access stable and secure living conditions. This not only contributes to individual well-being but also fosters a sense of community among residents. Additionally, by supporting affordable housing initiatives, Friendship House helps to alleviate some of the economic pressures faced by low-income families, promoting social equity and inclusion within the neighborhood.

Overall, their efforts significantly contribute to the overall health and vibrancy of the community by ensuring that residents have a safe and affordable place to call home.




This information is meant to be a general summary of Friendship House Housing Development Fund Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
N/A (2021)
Expenses
N/A (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $395
  • Program Service Revenue: $922,829
  • Gross Receipts: $923,224

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$907,042

LAUNDRY AND VENDING IN

Revenue

$14,826

TENANT CHARGES

Revenue

$880

MISCELLANEOUS INCOME

Revenue

$81

Organization Details

Founding Year

2019

Principal Officer

Donald Davidson

Main Address

117 W LIBERTY ST SUITE 3, ROME, NY, 13440

NTEE Category

Code: Z99 - Unknown

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