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OTSEGO RURAL HOUSING ASSISTANCE INC

MILFORD, NY · EIN 222542309 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$752K
expenses
$718K
net assets
$166K
employees
5
program ratio
75%
mission · from form 990

TO ADDRESS THE HOUSING NEEDS OF LOW AND MODERATE INCOME RESIDENTS OF OTSEGO COUNTY AND TO ASSIST IN IMPROVING HOUSING AND RELATED RETAIL AND SERVICE ESTABLISHMENTS IN RURAL COMMUNITIES WITHIN THE COUNTY.

profile · synthesized from sources

Nonprofit housing assistance organization based in Milford, NY, serving low- and moderate-income residents of Otsego County. Administers federal and state rental subsidy programs, including HUD Section 8 and NYS HOME TBRA, to support affordable housing access. Also provides contracting services to improve housing conditions for eligible residents.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $86K
    ADMINISTRATION 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. #2 $7K
    CONTRACTING 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

  • Section 8 Housing Voucher Administration 2 activities
    • Administers HUD Section 8 rent subsidy program
      Acts 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) program
      Serves 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.
  • Home Repair Assistance for Low-Income Households 1 activity
    • Provides contracting services for low and moderate income residents
      Offers contracting services tailored to low and moderate income residents in Otsego County, supporting housing rehabilitation, accessibility modifications, or related needs.
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
NameTitleHours/wkCompensation
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 Development
    methodology: integrated_housing_and_community_development
    By 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.