
Rivertown Housing Development Fund Company Inc.
Rivertown Housing Development Fund Company Inc.
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About this organization
Mission
Low-income senior housing - to own, operate, and manage senior citizen apartment projects under FMHA guidelines - 52 units.
About
The organization has successfully operated the 52 unit senior citizen apartment projects with an average of less than 1 vacancy per month. This is the sole program of the organization.
Interesting data from their 2019 990 filing
The filing outlines the non-profit's goal as “Low-income senior housing - to own, operate, and manage senior citizen apartment projects under fmha guidelines - 52 units.”.
When explaining its purpose, the activities were outlined as: “Low-income senior housing - to own, operate, and manage senior citizen apartment projects under fmha guidelines - 52 units.”.
- As per legal reporting requirements, the state of operation for the non-profit is NY.
- The non-profit's address for 2019 is listed as 9751 ROUTE 9W, ATHENS, NY, 12015 in the filing.
- As per the non-profit's form, they have 7 employees as of 2019.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is -$34,523.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 6 independent voting members.
- The organization was formed in 1986.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $100,459 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.