Tyson Place Housing Development Fund Company Inc

Organization Overview

Tyson Place Housing Development Fund Company Inc is located in Syracuse, NY. The organization was established in 0000. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Tyson Place Housing Development Fund Company 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 03/2023, Tyson Place Housing Development Fund Company Inc generated $355.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $351.0k during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

LOW INCOME HOUSING PROJECT

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF A 39-UNIT PROJECT IS SUBJECT TO A REGULATORY AGREEMENT FOR NONPROFIT AND PUBLIC MORTGAGES UNDER THE SECTION 202 BASIC RENTAL PROGRAM (FEDERAL HOUSING ADMINISTRATION).


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Board, Officers & Key Employees

Name (title)Compensation
Father Severine Yagaza
President
$0
Minchen Lewis
Board Member
$0
Anne Louise
Board Member
$0
Sharon Racht
Secretary/treasurer
$0
Bernard Corbishley
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$349,604
Investment income $3,344
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 $355,289

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