Hub Ii Housing Development Fund Co Inc

Organization Overview

Hub Ii Housing Development Fund Co Inc is located in Washingtonville, NY. The organization was established in 1989. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hub Ii Housing Development Fund Co Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Hub Ii Housing Development Fund Co Inc generated $828.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $730.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOPMENT OF LOW INCOME HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

64 UNIT APARTMENT PROJECT FOR SENIOR CITIZENS, HANDICAPPED PERSONS AND OTHER PERSONS OF LOW AND MODERATE INCOMES.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Galante
President
$0
Liz Weir
Treasurer
$0
Margaret Collins
Vice President
$0
Fred Smith
Exec. Board Member
$0
Ralph Bisquert
Exec. Board Member
$0
George Hogan
Exec. Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $663,791
All other contributions, gifts, grants, and similar amounts not included above$850
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$664,641
Total Program Service Revenue$162,904
Investment income $430
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,953
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $828,879

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