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CRANNELL SQUARE HOUSING DEVELOPMENT FUND

POUGHKEEPSIE, NY · EIN 850546314 · Form 990EZ · FY2022 · Micro (<$100K) · hudsonriverhousing.org
revenue
$0
expenses
$99
net assets
$-99
employees
mission · from form 990

CRANNELL SQUARE HOUSING DEVELOPMENT FUND CORPORATION WAS ORGANIZED ON MARCH 20, 2020 UNDER SECTION 402 OF THE NONT-FOR-PROFIT CORPORATION LAW AND PURSUANT TO ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW (HOUSING DEVELOPMENT FUND COMPANIES LAW) OF THE STATE OF NY. CRANNELL SQUARE HDFC IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM INCOME AND EXCISE TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. CRANNELL SQUARE HDFC WAS FORMED FOR THE CHARITABLE PURPOSE OF REHABILITATING, MAINTAINING, AND OPERATING LOW- INCOME HOUSING PROJECTS THAT CREATE SAFE AND SECURE HOUSING FOR THOSE THAT ARE HOMELESS OR AT RISK OF BEING HOMELESS.

profile · synthesized from sources

Hudson River Housing Inc. is a nonprofit organization based in Poughkeepsie, NY that provides emergency, transitional, and permanent affordable housing for individuals and families experiencing homelessness. It also operates workforce development programs, small business incubators, and community development initiatives in the Hudson Valley region. The organization runs housing programs for youth, veterans, seniors, and people with disabilities, alongside social enterprises like HRH Made and Open Kitchen.

named programs · 12 · from sources

What they call their work

Affordable Rental Housing
Permanent affordable housing options including rooming houses, full homes, and specialized units for veterans, seniors, and people with mental illness or addiction
Gannett House at Hudson River Lodging
Emergency housing program for families experiencing homelessness, providing meals, transportation, and support services with care management to transition to stable housing
HRH Made
Workforce training social enterprise in partnership with residents overcoming homelessness, offering screen printing and custom product creation to build job readiness and creative skills
Hillcrest House
Transitional housing for adults exiting homelessness, offering affordable rent, on-site meals, and case management to support permanent housing goals
LaGrange House
Transitional housing program for families transitioning out of homelessness, providing affordable rent and care management services to achieve self-sufficiency
Middle Main Initiative
Community development program strengthening Poughkeepsie's Main Street corridor through resident engagement, neighborhood pride, and creative economic development
Northeastern Dutchess Initiative
Resident-driven effort to support affordable housing and inclusive development in rural northeastern Dutchess County, including the Tri-Town Coalition
Open Kitchen
Culinary business incubator providing professionally equipped shared-use commercial kitchens for food entrepreneurs in the Hudson Valley region
PUF Studios
Artist studio rental program in the Poughkeepsie Underwear Factory, offering private workspaces and printmaking studio access for local artists
River Haven Youth Shelter
Emergency housing and support services for youth under 18 who are homeless or at risk, offering 24/7 crisis intervention, counseling, and referrals
Street Outreach
Outreach program connecting people experiencing homelessness with resources, services, and shelter through weekly street engagement
Transitional Living Community (TLC)
Transitional housing for young adults formerly homeless, offering safe living environment and life skills training to support independent living
activities · 9 groups

What they do

  • Affordable Housing Development and Management 3 activities
    • Community investment and housing development
      Invested $212 million into local housing and community projects, contributing to the development and preservation of affordable housing units and community infrastructure.
    • Development and management of affordable housing units
      Develops, rehabilitates, and manages affordable rental and ownership housing, including new construction and renovations of existing properties. Offers specialized units for veterans, seniors, young adults, and individuals with mental illness or addiction. Developed or preserved 1,293 affordable rental units and 52 ownership units.
    • Workforce housing program administration
      Manages applications for Below Market Rate housing units in the City of Beacon under the Workforce Housing Program.
  • Supportive and Emergency Housing Services 3 activities
    • Emergency and transitional housing for families and youth
      Provides emergency and transitional housing for families and youth experiencing homelessness or family conflict, including 24/7 availability for housing requests, crisis intervention, and care management support. Serves youth under age 18 and young adults up to age 25 through dedicated programs and drop-in centers.
    • Specialized veteran housing
      Provides housing for veterans currently experiencing homelessness at a dedicated facility in Poughkeepsie, NY.
    • Street outreach and crisis intervention
      Conducts weekly street outreach to connect individuals experiencing homelessness with shelter and services, and provides 24/7 crisis intervention, counseling, and referrals for youth and families.
  • Artist Residencies and Studio Programs 1 activity
    • Artist studio rentals
      Offers monthly rental of private artist studios at the Poughkeepsie Underwear Factory to support local artists.
  • Shared Kitchen Incubator for Food Entrepreneurs 1 activity
    • Culinary business incubator and shared kitchen spaces
      Operates a culinary business incubator with shared-use commercial kitchen spaces for food entrepreneurs in the Hudson Valley. Maintains two Open Kitchen locations at the Poughkeepsie Underwear Factory and the River Valley Arts Center.
  • First-Time Homebuyer Support Services 1 activity
    • Financial empowerment and homeownership programs
      Offers financial health classes, credit and budget counseling, and a 5-session homebuyer education course. Provides pre-purchase counseling and a Financial Fitness program to help residents improve credit, reduce debt, and increase savings.
  • Financial Literacy Education Programs 1 activity
    • Matched savings and debt reduction program
      Co-administers The Debt Reducers Club, providing a $500 match for participants who save $25 per month for ten months, with funds used to pay down harmful debt.
  • Supportive Housing for Mental Illness 1 activity
    • Transitional and permanent supportive housing for adults
      Offers transitional housing with affordable rent, meal plans, and case management for adults and young adults moving toward independence and permanent housing. Provides permanent supportive housing for individuals with severe mental illness, chronic chemical dependency, or other disabling conditions.
  • Nonprofit-Operated Cafés and Social Enterprises 1 activity
    • Workforce training and social enterprise programs
      Operates a social enterprise providing screen printing and custom product design services, offering job readiness, skill-building, and money management training to residents overcoming homelessness through the HRH Made program.
  • Uncategorized 1 activity
    • Emergency home repair funding
      Provides up to $50,000 in funding through the AHC Flood Assistance Program for urgent home repairs due to 2023 flood damage.
financials · form 990EZ · fy2022
revenue
Total revenue$0
Contributions & grants
Program service revenue
Investment income
Other revenue
expenses
Total expenses$99
Program expenses
Admin / overhead
Fundraising
Salaries & benefits
Grants paid out
balance sheet
Total assets$0
Cash
Investments
Liabilities
Net assets$-99
2 years on record · 2021–2022
leadership · form 990 part vii · fy2022

Who runs it

board members · 1
  • SUSAN FORTUNATO — DIRECTOR
relationships · 8

Who they work with

  • City of Beacon Partner — Manages Below Market Rate housing applications for the City of Beacon’s Workforce Housing Program.
  • Dutchess County Department of Community and Family Services Partner — Referral partner for access to Gannett House emergency housing program.
  • Foam & Wash Partner — Partner organization featured as a sponsor
  • Heritage Financial Credit Union Partner — Co-administers The Debt Reducers Club to help participants reduce debt and improve financial health.
  • Hudson River Housing Inc. Partner — Collaborates on property rehabilitation, historic preservation, and new construction of affordable housing.
  • New York State Government — Certifies River Haven Youth Shelter to house youth under age 18.
  • Tri-Town Coalition Coalition — Hudson River Housing is a founding member of the Tri-Town Coalition, which unites Pine Plains, North East, and Amenia to address affordable housing challenges.
  • community partners Partner — Collaborates with community partners to provide housing, education, and resources
strategies · 4

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Community-Driven Development and Design
    methodology: community_participatory_development
    By involving community members and future residents in housing assessment, design, and development, the organization ensures that housing solutions are culturally relevant, sustainable, and responsive to local needs because participatory processes increase ownership, usability, and long-term community impact.
  • Culinary and Arts-Based Community Economic Development
    methodology: community_asset_based_development
    By leveraging shared kitchen infrastructure and arts programming in historic buildings, the organization fosters local entrepreneurship and strengthens community ties because place-based economic initiatives create jobs, activate underused assets, and build social cohesion.
  • Financial and Workforce Capability Building
    methodology: economic_self_sufficiency_model
    By integrating financial education, credit counseling, and workforce training with social enterprise opportunities, the organization builds economic self-sufficiency because acquiring practical financial skills and work experience increases readiness for homeownership, employment, and long-term stability.
  • Housing First with Supportive Services
    methodology: housing_first
    By providing stable, permanent housing as an immediate intervention—without preconditions—paired with supportive services such as case management and individualized planning, the organization enables individuals and families to achieve long-term housing stability and self-sufficiency because housing security is foundational to addressing other challenges.