Byrne Manor Housing Development Fund Company Inc

Organization Overview

Byrne Manor Housing Development Fund Company Inc is located in Syracuse, NY. The organization was established in 2001. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, Byrne Manor Housing Development Fund Company Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Byrne Manor 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 06/2021, Byrne Manor Housing Development Fund Company Inc generated $298.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $364.4k during the year ending 06/2021. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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

LOW INCOME HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

DEVELOPS, ON A NON-PROFIT BASIS, A 34-UNIT HOUSING PROJECT FOR ELDERLY/HANDICAPPED PERSONS OF LOW INCOME PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW & SEC. 402 OF THE NOT-FOR-PROFIT CORPORATION LAW.


DEVELOPS, ON A NON-PROFIT BASIS, A 34-UNIT HOUSING PROJECT FOR ELDERLY/HANDICAPPED PERSONS OF LOW INCOME PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW & SEC. 402 OF THE NOT-FOR-PROFIT CORPORATION LAW.


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Board, Officers & Key Employees

Name (title)Compensation
Fred Zolna
President
$0
Cindy Falise
Vice President
$0
David Michel
Treasurer
$0
Steve Schaefer
Secretary
$0
Peter White Left 3121
Former President
$0
John Sindoni
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$294,366
Investment income $2,153
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 $298,329

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