irs program accomplishments · form 990 part iii · fy2023
What they reported doing
- #1 primary $726KDAYSPRING II IS A ONE HUNDRED EIGHT UNIT APARTMENT COMPLEX LOCATED IN CORNING, NEW YORK, ESTABLISHED TO PROVIDE DECENT, SANITARY HOUSING FOR ELDERLY HANDICAPPED OR DISABLED RESIDENTS. IT IS A FEDERALLY SUBSIDIZED SECTION 515 PROJECT WITH A RURAL RENTAL ASSISTANCE PROGRAM UNDER THE SUPERVISION OF THE RURAL ECONOMIC AND COMMUNITY DEVELOPMENT, A DIVISION OF USDA.
- #2 $60KSERVICE COORDINATOR PROVIDING ASSISTANCE TO THE ELDERLY AND DISABLED RESIDENTS WITH SELECTING AND COMMUNICATING SUPPORTIVE AND MEDICAL SERVICES IN THE COMMUNITY SO THEY MAY CONTINUE LIVING INDEPENDENTLY.
named programs · 2 · from sources
What they call their work
Dayspring II
108-unit apartment complex providing affordable, decent, and sanitary housing for elderly, handicapped, or disabled residents in Corning, NY, under USDA Section 515 and rental assistance programs.
Service Coordinator Program
Provides assistance to elderly and disabled residents in accessing supportive and medical services to promote independent living.
activities · 2 groups
What they do
-
Affordable Housing Development and Management 1 activity
- Operate affordable housing complex for elderly and disabled residentsOperates a 108-unit apartment complex in Corning, New York, providing affordable housing specifically for elderly and disabled individuals.
-
-
Senior Independence Support Services 1 activity
- Provide service coordination for elderly and disabled residentsProvides service coordination to help elderly and disabled residents access supportive and medical services in the community, promoting independent living.
-
financials · form 990 · fy2023
revenue
Total revenue$1.95M
Contributions & grants$97K5%
Program service revenue$1.83M94%
Investment income$23K1%
Other revenue$0
expenses
Total expenses$1.78M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$340K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.02M
Cash$448K
Investments$0
Liabilities$618K
Net assets$2.40M
Liquid reserves3.0 mo
5 years on record · 2019–2023 · YoY revenue +5.4%
leadership · form 990 part vii · fy2023
Who runs it
board members · 9
- BARRY NICHOLSON — DIRECTOR
- BLAKE MANUEL — SECRETARY
- BRITTEN HOYLE — DIRECTOR
- CHRISTINA LOSEY — DIRECTOR
- CHRISTOPHER DESSO — VICE PRESIDENT
- FREDERICK MALONEY — PRESIDENT
- JOANN CAYLYLE — DIRECTOR
- ROBERT AVVAMPATO — TREASURER
- STEPHEN CASTNERS — DIRECTOR
relationships · 1
Who they work with
- USDA Rural Economic and Community Development Government — Federal agency providing supervision and funding for the Section 515 subsidized housing project.
strategies · 2
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.
- Housing-First for Elderly and Disabled Populationsmethodology: housing_firstBy providing federally subsidized housing through USDA's Section 515 program, we enable elderly and disabled individuals to access stable, affordable housing as a foundation for health and independence, because housing stability is a prerequisite for successful engagement with supportive services.
- On-Site Supportive Service Coordinationmethodology: supportive_service_coordinationBy coordinating access to medical and community-based supportive services on-site, we increase utilization and continuity of care among elderly and disabled residents, because proximity and personalized support reduce barriers to accessing critical health and social services.