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NORTHERN HOUSING DEVELOPMENT FUND CO INC

CHAMPLAIN, NY · EIN 141610904 · Form 990 · FY2025 · NTEE L220 · Housing & Shelter · Small ($100K-$1M)
revenue
$248K
expenses
$236K
net assets
$827K
employees
3
program ratio
83%
mission · from form 990

HOUSING - LOW INCOME, ELDERLY

profile · synthesized from sources

NORTHERN HOUSING DEVELOPMENT FUND CO INC is a housing and shelter organization based in Champlain, NY, focused on providing affordable housing solutions for low-income and elderly populations. The organization operates within New York State and is dedicated to developing and managing residential properties that serve economically disadvantaged individuals and seniors.

named programs · 2 · from sources

What they call their work

Elderly Housing Initiative
Provides safe and accessible housing options tailored to the needs of elderly individuals
Low-Income Housing Development
Develops and manages affordable housing units for low-income residents in northern New York
activities · 1 group

What they do

  • Elder Care Financial Support 1 activity
    • Provides housing services for low-income elderly individuals
      Offers housing-related support and services specifically targeted to low-income elderly populations, as documented in IRS Form 990 filings.
financials · form 990 · fy2025
revenue
Total revenue$248K
Contributions & grants$00%
Program service revenue$234K94%
Investment income$14K6%
Other revenue$0
expenses
Total expenses$236K
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$85K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$839K
Cash$452K
Investments$0
Liabilities$11K
Net assets$827K
Liquid reserves23.0 mo
6 years on record · 2020–2025 · YoY revenue +3.2%
leadership · form 990 part vii · fy2025

Who runs it

board members · 9
  • CAROL CASTINE — Secretary
  • CHRIS TROMBLEY — Director
  • CLAUD BOUCHER — President
  • GREGORY MARTIN — Director
  • JANET MCFETRIDGE — Director
  • JANICE DAWSON — Treasurer
  • JUANITA MUNOZ — Director
  • MELISSA GOOLEY — Director
  • ROY CARDIN — Vice 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.

  • Targeted Housing Support for Vulnerable Elderly
    methodology: targeted_housing_support
    By focusing housing support on low-income elderly populations, the organization reduces housing insecurity among a high-risk group, because targeted interventions for vulnerable subpopulations increase housing stability and access where need is greatest.