National Affordable Housing Foundation Schenectady Inc

Organization Overview

National Affordable Housing Foundation Schenectady Inc is located in Waltham, MA. The organization was established in 1992. 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. National Affordable Housing Foundation Schenectady 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, National Affordable Housing Foundation Schenectady Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $14.0m during the year ending 12/2021. 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

TO FOSTER AND ENGAGE IN THE DEVELOPMENT OF LOW/MODERATE INCOME HOUSING, AND TO PROVIDE EDUCATION REGARDING AFFORDABLE HOUSING

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO DEVELOP AND MAKE AVAILABLE, FOR RENTAL PURPOSES, 292 UNITS OF LOW AND MODERATE INCOME HOUSING OPERATED UNDER EXISTING U.S. HUD GUIDELINES


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Board, Officers & Key Employees

Name (title)Compensation
Marc A Cohen
Treasurer
$0
William S Casper
President
$0
Monroe Moseley
Director
$0
Elise Dewinter Ecklekamp
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $10,553
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$10,553
Total Program Service Revenue$3,735,690
Investment income $978
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 $3,782,521

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