NonprofitsRoyal Gardens Housing Development Fund Corporation

Housing & Shelter

Royal Gardens Housing Development Fund Corporation

BROCKPORT, NY

Total revenue

$860K

Total expenses

$755K

Net assets

Grants received

EIN

223113185

Tax year

2023

Mission

Royal gardens housing development fund company, inc., project no. 014-eh282 (the organization), is a duly authorized non-profit corporation formed pursuant to article xi of the private housing finance law of the state of new york. The organization was organized solely and specifically to develop, own and operate a low-income housing project on a non-profit basis pursuant to section 202 of the national housing act, said project known as royal gardens apartments, a 74-unit project (one unit is occupied by the superintendent and is non-income producing), located at 100 royal gardens way, brockport, new york.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$851K
Investment income$3K
Other revenue$6K
Total revenue$860K

Expenses

Grants paid
Salaries & benefits$162K
Fundraising
Other expenses$592K
Total expenses$755K
Total assets$2.6M
Net assets

People

6 listed

NameRoleCompensation

DAN BRADT

DIRECTOR

Board

1 hrs/wk

GORDON HEGEMAN

TREASURER (FORMER)

Board

1 hrs/wk

MARK HILL

DIRECTOR

Board

1 hrs/wk

MICHAEL MORICH

PRESIDENT

Board

5 hrs/wk

MICHAEL DOWNS

DIRECTOR

Board

1 hrs/wk

CARL KESSELRING

SECRETARY

Board

1 hrs/wk

Details

EIN223113185
NTEE codeL20Z
Subsection03
Ruling date1991-07
Formed1990
Employees0
Volunteers0
ROYAL GARDENS HOUSING DEVELOPMENT FUND CORPORATION — Mission, Financials & Grants Received | Grantivo