Watervliet Housing Development Fund Company Inc
- Assets
- $312.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watervliet, NY
- Founding
- 11/2003
- Data as of
- 09/2023
- EIN
- 30-0178029
Organization Overview
Watervliet Housing Development Fund Company Inc is located in Watervliet, NY. The organization was established in 2003. 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. Watervliet 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 09/2023, Watervliet Housing Development Fund Company Inc generated $8.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.1%) each year. All expenses for the organization totaled $23.6k during the year ending 09/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE COMPANY WAS ORGANIZED TO DEVELOP A CITY TELEVISION STATION THAT PROMOTES ANTI-DRUD COMMUNITY EVENTS AND OTHER ACTIVITIES THAT HELP LOW-MODERATE INCOME FAMILIES IN WATERVLIET.
Describe the Organization's Program Activity:
Part 3
THE COMPANY REFURBISHES COMPUTERS TO PROVIDE A COMPUTER TO ANY LOW INCOME RESIDENT OF THEIR UNITS FREE OF CHARGE.
THE COMPANY MAINTAINS A PROGRAM FOR KIDS THAT ARE CHILDREN OF RESIDENTS OF THE HOUSING AUTHORITY.
THE COMPANY WORKS TO IMPROVE BUILDING AND DEVELOPMENT OPPORTUNITIES IN THE CITY OF WATERVLIET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Beston Chair | 0 | $0 | |
Christine Chartrand Board Member | 0 | $0 | |
Jeffrey Czarnecki Board Member | 0 | $0 | |
Paul Murphy Board Member | 0 | $0 | |
Jane Hayes Vice Chair | 0 | $0 | |
John Mcavoy Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $8,175 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,175 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $22,369 |
| Total expenses | $23,569 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $177,923 |
| Other assets | $0 |
| Total assets | $312,565 |
| Total liabilities | $0 |
| Net assets or fund balances | $312,565 |