Adirondack Housing Development Corporation
- Assets
- $61.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saranac Lake, NY
- Founding
- 06/2010
- Data as of
- 12/2022
- EIN
- 26-4541597
Organization Overview
Adirondack Housing Development Corporation is located in Saranac Lake, NY. The organization was established in 2010. 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. Adirondack Housing Development Corporation 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 12/2022, Adirondack Housing Development Corporation generated $47.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 27.2% each year . All expenses for the organization totaled $18.5k during the year ending 12/2022. While expenses have increased by 4.5% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO DEVELOP AFFORDABLE LOW INCOME HOUSING AND ECONOMIC DEVELOPMENT PROJECTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Dunham President | 0.5 | $0 | |
James Connolly Vice-President | 0.5 | $0 | |
Robert Laba Secretary/treasurer | 0.5 | $0 | |
Erika Bezio Director | 0.5 | $0 | |
Aaron Kramer Director | 0.5 | $0 | |
Lisa Mckenna Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,000 |
| Total Program Service Revenue | $16,836 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,836 |
| 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 | $6,774 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,676 |
| Total expenses | $18,450 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,574 |
| Other assets | $0 |
| Total assets | $61,574 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,574 |