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HEUVELTON DEVELOPMENT CORPORATION

HEUVELTON, NY · EIN 161109714 · Form 990 · FY2025 · Small ($100K-$1M)
revenue
$257K
expenses
$222K
net assets
$741K
employees
0
volunteers
2
program ratio
81%
mission · from form 990

THE ORGANIZATION'S MISSION IS TO PROVIDE 24 UNITS OF ONE-BEDROOM HOUSING FOR LOW-INCOME ELDERLY RESIDENTS.

profile · synthesized from sources

Heuvelton Development Corporation is a nonprofit organization based in Heuvelton, New York, established to provide affordable housing for low-income elderly residents. The organization owns and operates a 24-unit apartment building offering one-bedroom units to qualifying individuals. Its mission is focused exclusively on addressing housing needs for seniors with limited income in a rural community.

named programs · 1 · from sources

What they call their work

Heuvelton Senior Housing
Provides 24 units of one-bedroom affordable housing for low-income elderly residents in Heuvelton, NY, with rent based on income
activities · 1 group

What they do

financials · form 990 · fy2025
revenue
Total revenue$257K
Contributions & grants$00%
Program service revenue$253K99%
Investment income$1K1%
Other revenue$2K
expenses
Total expenses$222K
Program expenses81%
Admin / overhead19%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$848K
Cash$443K
Investments$0
Liabilities$106K
Net assets$741K
Liquid reserves24.0 mo
4 years on record · 2020–2025 · YoY revenue +8.3%
leadership · form 990 part vii · fy2025

Who runs it

board members · 2
  • BECKY BAILEY — DIRECTOR
  • LORA MARTIN — PRESIDENT
strategies · 1

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.

  • Permanent Supportive Housing for Elderly
    methodology: affordable_housing_for_elderly
    By providing dedicated affordable housing units specifically for low-income elderly individuals, we address housing insecurity and promote stability, because stable housing is foundational to health and well-being in aging populations.