Cortland Housing Assistance Council Inc
- Assets
- $737.6k
- Revenue
- $537.8k
- Investments
- $0.0
- Employees
- 5
- Location
- Cortland, NY
- Founding
- 04/1981
- Data as of
- 06/2022
- EIN
- 16-1130177
Organization Overview
Cortland Housing Assistance Council Inc is located in Cortland, NY. The organization was established in 1981. 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. As of 06/2022, Cortland Housing Assistance Council Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cortland Housing Assistance Council 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 06/2022, Cortland Housing Assistance Council Inc generated $537.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $559.8k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SECURE HOUSING AT LOW AND MODERATE COST FOR THE ECONOMICALLY DISADVANTAGED CITIZENS OF CORTLAND COUNTY, NEW YORK
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PURCHASE AND RESTORE RESIDENTIAL UNITS FOR RENTAL TO LOW INCOME FAMILIES AT REDUCED RATES
TO PROVIDE HOUSING REHABILITATION AND OTHER HOUSING RELATED SERVICES TO LOW INCOME RESIDENTS OF CORTLAND COUNTY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawna Grinnell Executive Dir. | Officer | 40 | $49,563 |
Dj Vangorder Vice President | OfficerTrustee | 0 | $0 |
Paul Slowey Secretary | OfficerTrustee | 0 | $0 |
Steven Brown Treasurer | OfficerTrustee | 0 | $0 |
Jerry Hartnett President | OfficerTrustee | 0 | $0 |
Carrie Knight Member | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $173,966 |
| All other contributions, gifts, grants, and similar amounts not included above | $89,828 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,794 |
| Total Program Service Revenue | $270,027 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $537,773 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $49,563 |
| Compensation of current officers, directors, key employees. | $9,913 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,131 |
| Pension plan accruals and contributions | $4,046 |
| Other employee benefits | $23,910 |
| Payroll taxes | $13,151 |
| Fees for services: Management | $36,600 |
| Fees for services: Legal | $2,252 |
| Fees for services: Accounting | $5,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $40 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,788 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,546 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $44,030 |
| Insurance | $16,200 |
| All other expenses | $13,949 |
| Total functional expenses | $559,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $151,257 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,477 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $575,589 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,230 |
| Total assets | $737,553 |
| Accounts payable and accrued expenses | $6,172 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $771,519 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,631,202 |
| Total liabilities | $3,408,893 |
| Net assets without donor restrictions | -$2,671,351 |
| Net assets with donor restrictions | $11 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $737,553 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cortland Housing Assistance Council Inc has recieved totaling $4,200.
| Awarding Organization | Amount |
|---|---|
Cortland Community Foundation Cortland, NY PURPOSE: TO ASSIST WITH PURCHASE OF NEW COMPUTERS, EXTERNAL HARD DRIVES, FAX/COPIER/PRINTER, LAPTOP AND NEW SOFTWARE. | $4,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhp Foundation New York, NY | $288,555,579 | $98,614,983 |
Viecare Beaver Llc Cranberry Township, PA | $43,089,373 | $46,860,704 |
Columbus Property Management & Development Inc Philadelphia, PA | $30,446,777 | $36,581,885 |
Nycha Ii Housing Development Fund Corporation New York, NY | $21,607,256 | $75,418,815 |
Housing Assistance Corporation Hyannis, MA | $20,544,372 | $36,246,807 |
Eihab Human Services New Jersey Inc Springfield Gardens, NY | $6,084,233 | $34,447,037 |
West Side Federation For Senior Housing Inc New York, NY | $138,485,239 | $41,412,403 |
Mainstay Life Services Pittsburgh, PA | $23,133,484 | $27,133,047 |
East Harlem Pilot Block Housing Development Fund Co Inc New York, NY | $76,192,730 | $32,420,395 |
Orange Affordable Housing Inc New York, NY | $0 | $0 |
Housing Visions Unlimited Inc Syracuse, NY | $54,882,329 | $24,284,268 |
Phipps Houses New York, NY | $754,776,508 | $88,001,578 |