Blue Cut Ii Housing Development Fund Company Inc
- Assets
- $236.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Geneva, NY
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 16-1562962
Organization Overview
Blue Cut Ii Housing Development Fund Company Inc is located in Geneva, NY. The organization was established in 1999. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Blue Cut Ii 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 12/2021, Blue Cut Ii Housing Development Fund Company Inc generated $59.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $55.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RESIDENTIAL EXPENSES RELATED TO OPERATING AND MANAGING A 8-UNIT APARTMENT PROJECT FOR LOW INCOME, DISABLED INDIVIDUALS WITH SPMI AS A PRIMARY DIAGNOSIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hovey President | 1 | $0 | |
Sharon Steck Vice President | 1 | $0 | |
Sandra Ansley Secretary/treasurer | 1 | $0 | |
Hugh Price Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,216 |
| Membership dues | $0 |
| Investment income | $32 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $18,183 |
| Total Revenue | $59,431 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,442 |
| Professional fees and other payments to independent contractors | $8,344 |
| Occupancy, rent, utilities, and maintenance | $36,839 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,295 |
| Total expenses | $55,920 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,517 |
| Other assets | $0 |
| Total assets | $236,401 |
| Total liabilities | $179,769 |
| Net assets or fund balances | $56,632 |
Peer Organizations
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|---|---|---|
Womens Prison Association And Home New York, NY | $6,652,586 | $9,309,545 |
Pradera Corporation Philadelphia, PA | $3,527,505 | $9,032,798 |
Homes For The Homeless Institute Inc New York, NY | $69,885,275 | $9,054,313 |
Initiative For A Competitive Inner City Inc Roxbury, MA | $11,137,097 | $6,700,624 |
Spring Meadows Association Of Responsible Tenants Inc Springfield, MA | $14,323,481 | $4,117,328 |
St Vincents Development Inc Trumbull, CT | $27,854,287 | $3,404,975 |
Bucks County Housing Group Inc Warminster, PA | $3,270,461 | $3,883,677 |
Mutual Housing Association Of Greater Hartford Inc Hartford, CT | $35,173,874 | $3,634,828 |
Monmouth Council No 9 Civil Service Association Housing Corporation Asbury Park, NJ | $13,033,199 | $4,484,843 |
Allentown Bnai Brith Housing Corp Allentown, PA | $7,631,458 | $3,117,871 |
Urban Homeownership Corp New York, NY | $1,496,101 | $1,881,775 |
Building Owners And Managers Association Of Greater New York B New York, NY | $3,005,269 | $2,303,444 |