Nysar Housing Opportunities Foundation Inc is located in Albany, NY. The organization was established in 2005. According to its NTEE Classification (L12) the organization is classified as: Fund Raising & Fund Distribution, 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. Nysar Housing Opportunities Foundation 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 12/2023, Nysar Housing Opportunities Foundation Inc generated $105.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $49.6k during the year ending 12/2023. 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 Program Activity:
Part 3
TO EDUCATE THE COMMUNITY AT LARGE ABOUT THE VIABILITY OF HOME OWNERSHIP AND ALTERNATIVE HOUSING OPTIONS, FINANCING HOME OWNERSHIP AND GUIDANCE IN HOME ACQUISTIONS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Stansbury President | 2 | $0 | |
Elayna Bittner Vice President | 2 | $0 | |
Kimberly Bullard Treasurer | 2 | $0 | |
Kalen M Raynor Secretary | 2 | $0 | |
Elizabeth Rentz Director/nysar CFO | 0.5 | $0 | |
Duncan Mackenzie Director/nysar CEO | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,860 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $22 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $105,882 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,554 |
| Total expenses | $49,554 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,274 |
| Other assets | $0 |
| Total assets | $186,274 |
| Total liabilities | $2,832 |
| Net assets or fund balances | $183,442 |