H S C No 6 Housing Development Fund Company Inc

Organization Overview

H S C No 6 Housing Development Fund Company Inc is located in Greenlawn, NY. The organization was established in 2004. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H S C No 6 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 07/2022, H S C No 6 Housing Development Fund Company Inc generated $467.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $395.3k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE LOW INCOME HOUSING FOR THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSING FOR THE ELDERLY - 30 APARTMENTSTHE COMPANY'S SPONSOR (SCHC) HIRED AN INDEPENDENT CONTRACTOR TO REPLACE THE DOORS ON THE APARTMENT BUILDINGS FOR $76,023, REPLACE THE CONCRETE WALKWAYS FOR $59,239 AND TO DO PAVING AND STRIPING OF THE PARKING LOTS FOR $14,375. THE COSTS WERE PAID BY SCHC DIRECTLY TO THE CONTRACTORS AND THEN GRANTED TO THE COMPANY. THE COMPANY REPORTED THE $149,637 GRANT INCOME FROM SCHC.


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Board, Officers & Key Employees

Name (title)Compensation
Judy Farabaugh
Accountant
$4,800
William Davidson
President
$0
Janice Dalessio
Director
$0
Vincent Frigeria III
Director
$0
Lawrence Cregan
Director
$0
Jeffrey Hartman
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$149,637
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$149,637
Total Program Service Revenue$318,161
Investment income $65
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 $467,863

Grants Recieved

Over the last fiscal year, we have identified 1 grants that H S C No 6 Housing Development Fund Company Inc has recieved totaling $73,613.

Awarding OrganizationAmount
Senior Citizens Housing Committee Inc

Greenlawn, NY

PURPOSE: PAID FOR CONSTRUCTION COSTS TO PAVE, RESTRIPE AND REDO CONCRETE SIDEWALKS THAT WILL BENEFIT RESIDENTS OF THE HOUSING PROJECT IN ACCORDANCE WITH THE NOT FOR PROFIT MISSION FOR PROVIDING HOUSING FOR THE ELDERLY AND DISABLED.

$73,613
View Grant Recipient Profile

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