Northern Adirondack Housing Development Fund

Organization Overview

Northern Adirondack Housing Development Fund is located in Malone, NY. The organization was established in 2013. 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. Northern Adirondack Housing Development Fund 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, Northern Adirondack Housing Development Fund generated $479.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $676.7k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 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

TO BUILD, MANAGE, AND PRESERVE LOW INCOME AND AFFORDABLE HOUSING PROJECTS AND PROGRAMS THAT SERVE LOW-INCOME ELDERLY, DISABLED AND FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO BUILD, MANAGE, AND PRESERVE LOW INCOME AND AFFORDABLE HOUSING PROJECTS AND PROGRAMS THAT SERVE LOW-INCOME ELDERLY, DISABLED AND FAMILIES


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Board, Officers & Key Employees

Name (title)Compensation
Neil Seymour
President
$0
Debbie Maguire
Vice President
$0
Barry Webb
Treasurer
$0
Eileen Gillen
Executive Dir.
$0
Andy Shrader
Director
$0
Michelle Schumcaher
Director
$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$478,880
Investment income $94
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 $478,974

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