NonprofitsSag Harbor Community Housing Trust Inc

Housing & Shelter

Sag Harbor Community Housing Trust Inc

SAG HARBOR, NY

Total revenue

$116K

Total expenses

$174K

Net assets

$2.2M

Grants received

EIN

262845161

Tax year

2024

Mission

The trust is organized exclusively for the charitable purpose of creating a cummunity housing trust to therefore acquire land, own, construct, rehabilitate, lease, manage, maintain, develop, and operate affordable workforce housing, to provide hownowners or prospective purchasers of homes or prospective tenants and/or landlords with financial assistance and guidance regarding the purchase, financing, maintenance, construction or rent their homes; to promote the development, construction or rental, rehabilitation, management, maintenance, and operation of affordable, quality workforce housing that meet the needs of the sag harbor community.

Programs

2 programs

To borrow funds from government agencies or private lenders and to secure such loans with property of the corporation.

Expenses: $40K

To advise and assist qualified homebuyers, tenants, or purchasers of homes and to provide purchasers with financial assistance for the acquistion or creation of affordable housing.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$115K
Investment income$1K
Other revenue
Total revenue$116K

Expenses

Grants paid
Salaries & benefits$42K
Fundraising
Other expenses$132K
Total expenses$174K
Total assets$2.9M
Net assets$2.2M

People

2 listed

NameRoleCompensation

GREGORY N FERRARIS CPA

PRESIDENT/TR

Board

ED REALE

VP/SECRETARY

Board

Details

EIN262845161
NTEE codeL80
Subsection03
Ruling date2009-10
Formed2008
Employees1
SAG HARBOR COMMUNITY HOUSING TRUST INC — Mission, Financials & Grants Received | Grantivo