irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $86KADMINISTRATION OF U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) SECTION 8 RENT SUBSIDY PROGRAM AS A LOCAL ADMINISTRATION FOR NYS HCR. ALSO A LOCAL ADMINISTRATOR UNDER THE NYS HOME TBRA.
- #2 $7KCONTRACTING SERVICES FOR LOW AND MODERATE INCOME RESIDENTS OF OTSEGO COUNTY
named programs · 3 · from sources
What they call their work
Contracting Services for Housing Improvement
Provides contracting services to improve housing conditions for low- and moderate-income residents, including repairs and accessibility modifications.
Housing Choice Voucher (Section 8) Program Administration
Administers federal HUD Section 8 rental assistance as a local agent for NYS HCR, helping eligible low- and moderate-income households in Otsego County afford safe, decent housing in the private market.
NYS HOME Tenant-Based Rental Assistance (TBRA) Administration
Manages HOME TBRA funds on behalf of NYS HCR to provide rental subsidies for low-income residents, supporting long-term housing stability in rural communities across Otsego County.
activities · 2 groups
What they do
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Section 8 Housing Voucher Administration 2 activities
- Administers HUD Section 8 rent subsidy programActs as a local administrator for the HUD Section 8 rent subsidy program in Otsego County under the oversight of NYS HCR, providing rental assistance to eligible low-income households.
- Administers NYS HOME Tenant-Based Rental Assistance (TBRA) programServes as a local administrator of the New York State HOME Tenant-Based Rental Assistance program in Otsego County, offering rental subsidies to low and moderate income residents.
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Home Repair Assistance for Low-Income Households 1 activity
- Provides contracting services for low and moderate income residentsOffers contracting services tailored to low and moderate income residents in Otsego County, supporting housing rehabilitation, accessibility modifications, or related needs.
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financials · form 990 · fy2024
revenue
Total revenue$752K
Contributions & grants$734K98%
Program service revenue$18K2%
Investment income$90%
Other revenue$0
expenses
Total expenses$718K
Program expenses75%
Admin / overhead25%
Fundraising0%
Salaries & benefits$253K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$209K
Cash$58K
Investments$0
Liabilities$42K
Net assets$166K
Liquid reserves1.0 mo
6 years on record · 2019–2024 · YoY revenue +67.8%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| BRIDGET STITH | Executive Dir. | 35 | $57K |
board members · 6
- ADAM FRENIER — Vice President
- CARINA FRANCK — Trustee
- GREG CROWELL — President
- SHERYL CHAMPEN — Trustee
- SUE MILLER — Secretary
- TREVOR FULLER — Treasurer
relationships · 1
Who they work with
- NYS Homes and Community Renewal (HCR) Government — Local administrator for HUD Section 8 and NYS HOME TBRA programs under NYS HCR.
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.
- Integrated Housing and Community Developmentmethodology: integrated_housing_and_community_developmentBy addressing housing needs alongside local service infrastructure improvements, we produce stronger outcomes for low- and moderate-income residents, because stable housing and functional community systems jointly enhance long-term resilience and self-sufficiency.