named programs · 6 · from sources
What they call their work
Cornerstone Pointe Apartments
66-unit supportive housing project for seniors 62+ in Greece, NY, with 50% of units reserved for Medicaid-enrolled frail elderly
Long Pond Senior Housing
54-unit LEED Gold-certified affordable housing for low-income seniors 62+ in the Town of Greece
Marketplace Senior Apartments
Newly completed (2024) senior housing in Rochester for residents 55+ with income restrictions
Monarch Senior Living
Supportive housing for seniors 55+ with developmental disabilities and frail elderly, in partnership with CDS Monarch, Inc.
Rockwood Apartments
40-unit independent living community for low and very low-income seniors in Henrietta, NY, connected to an assisted living facility
Stadium Estates I
45-unit cluster development in Rochester’s JOSANA neighborhood, serving low-income families and individuals
activities · 3 groups
What they do
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Affordable Housing Development and Management 3 activities
- Develops and operates affordable housing for low- and moderate-income householdsCreates, develops, and manages affordable housing units across New York State, including new construction and rehabilitation of properties, with projects specifically serving seniors, individuals, families, and special needs populations. Examples include 40-unit senior housing in Henrietta, 109 units in Clifton Springs, and multifamily rental housing in Rochester.
- Provides affordable housing development consulting servicesOffers consulting to organizations on assessing affordable housing needs, developing strategies, creating financing plans, and monitoring project development.
- Provides household and recreational items to indigent residentsSupplies essential household goods and funds recreational activities for indigent individuals living in affordable housing units at Town Side Housing.
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Interest-Free Loan and Grant Support 1 activity
- Funds home repairs for low-income individuals through grantsProvides financial support for repairs of residences owned and occupied by low-income individuals by awarding grants to organizations such as Habitat for Humanity.
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Senior Congregate Centers 1 activity
- Provides supportive services and amenities for affordable housing residentsOffers congregate evening meals through partnerships with local agencies and provides recreational and shared outdoor amenities such as walking paths, gardens, gazebos, and multi-purpose rooms to support quality of life and aging in place for residents.
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financials · form 990 · fy2024
revenue
Total revenue$44K
Contributions & grants$00%
Program service revenue$30K68%
Investment income$13K29%
Other revenue$1K
expenses
Total expenses$32K
Program expenses80%
Admin / overhead20%
Fundraising0%
Salaries & benefits$0
Grants paid out$25K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.62M
Cash$76K
Investments$2.54M
Liabilities$10K
Net assets$2.61M
Liquid reserves973.2 mo
4 years on record · 2020–2024 · YoY revenue +9.4%
leadership · form 990 part vii · fy2024
Who runs it
board members · 5
- CLAYTON CLOEN — SECRETARY/TREASURER
- CRAIG BURTON — BOARD MEMBER
- GEORGE PARKER — VICE PRESIDENT
- MAGGIE BRINGEWATT — PRESIDENT
- THEODORA FINN — DIRECTOR
relationships · 34
Who they work with
- 80 Parrish Street Apartments Partner — Maggie Bringewatt served as President of the Board
- CDS Monarch, Inc. Partner — Partner organization providing supportive services coordination and health screenings at Monarch Senior Living.
- Cameron Community Ministries Partner — Clayton Cloen served as past chair of the Board
- Canandaigua Housing Development Fund Partner — Maggie Bringewatt served as President of the Board
- Charles Settlement House, Inc. Partner — Partner organization providing community support services to residents of Stadium Estates.
- City of Rochester Department of Neighborhood and Business Development Government — Theodora Finn previously held a position there
- Cornerstone Group Partner — Partnered on over $42 million of affordable housing development
- Cornerstone Property Managers, LLC Partner — Professional property management partner for Frances Apartments in Brockport, NY.
- Cornerstone Property Managers, LLC Partner — Professional property management partner for Maryvale East Senior Apartments.
- Cornerstone Property Managers, LLC Partner — Professional property management partner for Sennett Meadows Senior Apartments.
- Edgemere Development Partner — Theodora Finn previously held a position there
- Enterprise Community Partners Partner — Theodora Finn previously held a position there
- Episcopal SeniorLife Communities Partner — Client and operating partner for the Rockwood Apartments senior housing development.
- Fairport Baptist Homes Caring Ministries Partner — Clayton Cloen served as past chair of the Board
- Family Service Communities Partner — Partner organization involved in the Long Pond Senior Housing project.
- First Niagara Partner — Craig Burton managed Affordable Housing Finance platforms at this institution
- Five Star Bank Partner — Craig Burton established and managed Affordable Housing Finance platforms there
- Flower City Habitat for Humanity Partner — Clayton Cloen currently serves on the Board
- Genesee Land Trust Partner — George Parker serves on the Land Acquisition, Development and Habitat Bridges Initiative Committees
- Greater Rochester Housing Partnership Partner — Theodora Finn serves as President
- HABITAT FOR HUMANITY Partner — Receives grants from Genesis Housing Development Corporation to repair residences for low-income homeowners.
- Monroe County Government — Provider of HOME funds for Long Pond Senior Housing project.
- NH Architecture Partner — Partners with NH Architecture for the design and planning of multifamily and senior housing developments.
- NYSERDA Government — Government funding partner for Long Pond Senior Housing project.
- New York State Homes & Community Renewal Government — Government funding partner for Long Pond Senior Housing project.
- New York State Housing Trust Fund Government — Government funding partner for Long Pond Senior Housing project.
- Ontario Office of the Aging Partner — Partnership to provide congregate evening meals at Spa Apartments.
- Pathstone Partner — Collaborates with Pathstone on the development and renovation of affordable housing projects.
- Rochester Regional Health Partner — Partner organization providing resident referrals and coordinating assessment and care management services for frail elderly residents.
- Rochester's Cornerstone Group Partner — Co-developer of the Marketplace Senior Apartments project.
+ 4 more
strategies · 3
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.
- Affordable Housing as Foundation for Improved Outcomesmethodology: affordable-housing-firstBy providing affordable, stable housing, we improve well-being and life outcomes for vulnerable and low-income populations, because housing stability is a foundational precondition for health, safety, and long-term independence.
- Community-Integrated Design and Developmentmethodology: community-driven_developmentBy involving local communities in planning and emphasizing quality, sustainable, and context-sensitive design, we enhance resident well-being and community cohesion because inclusive, well-designed housing fosters dignity, environmental sustainability, and long-term neighborhood revitalization.
- Integrated Housing and Supportive Services for Aging in Placemethodology: continuum-of-careBy co-locating housing with supportive services and designing for scalability of care, we enable low-income seniors and individuals with disabilities to age in place, because integrated, resident-centered models reduce reliance on institutional care and support autonomy through changing health needs.