Riverview Avenue Apartments Housing Development Fund Company Inc.
Riverview Avenue Apartments Housing Development Fund Company Inc.
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About this organization
Revenue
$304,680
Expenses
$181,707
Mission
Financing for low income housing project
About
The corporation was organized to develop a housing project for persons of low income where no adequate housing exists for such persons, which project is to be assisted by a 'municipally-aided mortgage' as defined in section 572(13) of the private housing finance law through one or more mortgage loans made by the city of Cortland 'supervising agency, and such other instrumentalities of federal, state and local government as may be necessary to complete the financing for the project.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “The corporation was organized to develop a housing project for persons of low income where no adequate housing exists for such persons, which project is to be assisted by a "municipally-aided mortgage" as defined in section 572(13) of the private housing finance law through one or more mortgage loans made by the city of cortland "supervising agency, and such other instrumentalities of federal, state and local government as may be necessary to complete the financing for the project.”.
When discussing its purpose, they were characterized as: “Financing for low income housing project”.
- The state in which the non-profit is legally authorized to operate is NY, as reported.
- The filing confirms that the non-profit's address in 2020 was 990 JAMES STREET, SYRACUSE, NY, 13203.
- The form of the non-profit reports 0 employees as of 2020.
- Is not a private foundation.
- Expenses are between $100,000 and $250,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $122,973.
- The organization has 3 independent voting members.
- The organization was formed in 2015.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.