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Schenectady Affordable Housing Corporation

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

EIN: 833743064 ✦ Schenectady, NY ✦ Designated as a 501(c)(3)

Overview

What is Schenectady Affordable Housing Corporation?

Schenectady Affordable Housing Corporation is a dedicated nonprofit organization that strives to provide affordable housing solutions. They accomplish this mission by developing, owning, renting, and even selling housing units. The corporation plays a significant role in the community by implementing developer's fees, which helps make housing more accessible for various income levels. This commitment to affordable housing ensures that residents in the area have a diverse range of housing options to choose from.


Official website here: www.none

Is Schenectady Affordable Housing Corporation legitimate?

Schenectady Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schenectady Affordable Housing Corporation 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


Official website here: www.none

What is the mission statement of Schenectady Affordable Housing Corporation?

The Schenectady Affordable Housing Corporation's mission is centered around creating affordable housing opportunities for various individuals. They accomplish this by engaging in development, ownership, rental, and/or sales of housing units. This organization's primary goal is to make housing affordable, thereby contributing to a more equitable living situation for many people. In addition to these activities, the corporation also collects developer's fees to further support their mission.


Official website here: www.none

Who is the CEO of Schenectady Affordable Housing Corporation?

Richard E Homenick is the Secretary/Exec. Dir. of Schenectady Affordable Housing Corporation.


Official website here: www.none

What is the revenue of Schenectady Affordable Housing Corporation?

Schenectady Affordable Housing Corporation's revenue in 2023 was $577,126.


Official website here: www.none

Who are the executives of Schenectady Affordable Housing Corporation and what are their salaries?

Here are 7 key members and their salaries:

    Richard Homenick (Secretary/Exec. Dir.)
  • Compensation: $0
  • Related: $166,386
  • Other: $0

    • Haileab Samuel (Director)
  • Compensation: $0
  • Related: $1,237
  • Other: $0

    • Thomas Bellick (President)
  • Compensation: $0
  • Related: $1,148
  • Other: $0

    • Marva Isaacs (Director)
  • Compensation: $0
  • Related: $1,060
  • Other: $0

    • Joan Johnson (Treasurer)
  • Compensation: $0
  • Related: $1,060
  • Other: $0

    • Schuyler Poukish (Director)
  • Compensation: $0
  • Related: $883
  • Other: $0

    • Sharon Reese (Director)
  • Compensation: $0
  • Related: $707
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Schenectady Affordable Housing Corporation?

    The Schenectady Affordable Housing Corporation’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Schenectady Affordable Housing Corporation

    Schenectady Affordable Housing Corporation is dedicated to creating opportunities for affordable housing. This nonprofit organization achieves this mission through various strategies, including development, ownership, rental, and even sale of housing units. By implementing these strategies, Schenectady Affordable Housing Corporation aims to make housing more accessible and affordable for individuals and families who may otherwise struggle with high housing costs. In addition to direct housing initiatives, the corporation collects developer's fees to support its mission and expand its reach in providing affordable housing options.

    Impact

    This information is meant to be a general summary of Schenectady Affordable Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Schenectady Affordable Housing Corporation has a significant impact on the community by creating affordable housing opportunities through development, ownership, rental, and sales of housing in Schenectady, NY. Their programs, such as collecting developer's fees, contribute to addressing the critical need for affordable housing in the area. Through their mission to provide affordable housing options, they are making a valuable difference in ensuring that individuals and families have access to safe and stable housing.





    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 2023.

  • Investment Income: $14,055
  • Program Service Revenue: $563,071
  • Gross Receipts: $577,126

    • Assets and Liabilities:
  • Total Assets: $1,033,578
  • Total Liabilities: $245
  • Net Assets: $1,033,333
  • Programs

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

    DEVELOPER FEES

    Revenue

    $563,071

    Organization Details

    Founding Year

    2019

    Principal Officer

    Richard E Homenick

    Main Address

    375 BROADWAY, SCHENECTADY, NY, 12305

    Website

    www.none

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Schenectady Affordable Housing Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.