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Troy Redevelopment Foundation Inc

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

EIN: 141777575 ✦ Troy, NY ✦ Designated as a 501(c)(3)

Overview

What is Troy Redevelopment Foundation Inc?

Troy Redevelopment Foundation Inc is a nonprofit organization situated in Troy, New York, specifically at 110 8TH ST - BUILDING 2021. Their primary mission is to support the city of Troy and its surroundings by aiding not-for-profit institutions financially. This action aims to alleviate the financial burden on the government and contribute to economic development, urban problem-solving, and improving the quality of life for Troy's residents. They also provide funds to be used for economic development and educational programs, ultimately fostering the city's economic resurgence.


Is Troy Redevelopment Foundation Inc legitimate?

Troy Redevelopment Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Troy Redevelopment Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Troy Redevelopment Foundation Inc?
Who is the CEO of Troy Redevelopment Foundation Inc?
What is the revenue of Troy Redevelopment Foundation Inc?
Who are the executives of Troy Redevelopment Foundation Inc and what are their salaries?
Where can I find the form 990 for Troy Redevelopment Foundation Inc?

Mission Statement of Troy Redevelopment Foundation Inc

Troy Redevelopment Foundation Inc is an organization dedicated to assisting not-for-profit institutions within the city they are named after. Their primary mission is to alleviate the financial burden on the city government by providing financial assistance. In addition to this, they aim to foster economic development and contribute to solving urban problems. The foundation's objectives also include providing funds for the city to enhance economic development and formulate educational programs that will contribute to the city's economic resurgence. Essentially, Troy Redevelopment Foundation Inc is committed to aiding the city's not-for-profit institutions, promoting economic growth, and improving the overall quality of life for the city's residents.

Impact

This information is meant to be a general summary of Troy Redevelopment Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Troy Redevelopment Foundation Inc's impact can be seen in the economic growth and quality of life improvements in the city of Troy, New York and its surroundings. By providing economic support and assistance, the foundation has played a key role in enhancing the city and addressing urban issues. Through financial aid to nonprofit institutions, fostering economic development, and funding educational programs, Troy Redevelopment Foundation Inc has contributed to the city's economic resurgence and overall community improvement.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $389
  • Program Service Revenue: $0
  • Gross Receipts: $622,369

    • Assets and Liabilities:
  • Total Assets: $811,079
  • Total Liabilities: $0
  • Net Assets: $811,079
  • Organization Details

    Founding Year

    1994

    Principal Officer

    Christopher Ames

    Main Address

    110 8TH ST - BUILDING 2021, TROY, NY, 12180

    NTEE Category

    Code: S20 - Community improvement

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