irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $230KRESTORE - PROGRAM TO PROVIDE LOW COST AND RESUABLE MATERIALS AND SUPPLIES FOR RENOVATION AND REHABILITATION OF PROPERTIES TO THE GENERAL PUBLIC AND ORGANIZATIONS
named programs · 3 · from sources
What they call their work
Homeownership Program
Builds and sells affordable homes to qualified working-class families who contribute 200+ hours of sweat equity and complete financial education classes.
Ramp Up
Constructs wheelchair ramps for homeowners with mobility challenges in partnership with volunteers and the IUE-CWA Union.
ReStore
Sells donated new and used building materials, furniture, and appliances to fund housing programs and divert waste from landfills.
activities · 5 groups
What they do
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Affordable Home Construction & Rehabilitation 2 activities
- Administers homeownership program with sweat equity and financial education requirementsRequires prospective homeowner families to complete at least 200 hours of sweat equity labor toward the construction of their own and others' homes, and provides financial education and budget-planning classes to prepare families for successful homeownership.
- Builds and rehabilitates affordable homes for low-income familiesConstructs, rehabilitates, and preserves safe, decent, and affordable homes in Schenectady County through partnerships with working-class families, volunteers, and donors. The organization has sold more than 60 homes and repaired over 100 housing units, serving more than 160 families.
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Housing Policy Advocacy & Tenant Organizing 1 activity
- Addresses racial inequities in homeownershipActively works to address historical inequities in homeownership faced by Black, Indigenous, and People of Color (BIPOC) communities in New York State through targeted affordable housing programs and inclusive partnerships.
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Home Accessibility Modifications 1 activity
- Builds accessibility ramps for homeowners with mobility challengesDesigns and constructs wheelchair ramps for homeowners and local nonprofits in Schenectady County; has built 42 ramps since 2018 to improve accessibility for individuals with mobility limitations.
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Discount Retail for Reuse 1 activity
- Operates ReStore retail program to support housing missionOperates a ReStore that sells low-cost, reusable building materials and household items to the public, diverting hundreds of tons of materials from landfills annually and generating revenue to support affordable housing construction and rehabilitation.
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Affordable Housing Development and Management 1 activity
- Sells homes with affordable mortgages at below-market valueSells newly built or rehabilitated homes to partner families at below-market prices and finances them with affordable, no-interest mortgages to ensure long-term affordability and accessibility for low-income households.
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financials · form 990 · fy2024
revenue
Total revenue$1.14M
Contributions & grants$654K57%
Program service revenue$423K37%
Investment income$62K5%
Other revenue$5K
expenses
Total expenses$1.22M
Program expenses78%
Admin / overhead20%
Fundraising3%
Salaries & benefits$451K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$4.25M
Cash$1.30M
Investments$1.41M
Liabilities$525K
Net assets$3.72M
Liquid reserves26.6 mo
5 years on record · 2020–2024 · YoY revenue +91.5%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| KATHY FERNANDEZ | EXECUTIVE DI | 40 | $67K |
board members · 12
- BARB BISHOP WARD — DIRECTOR
- BETHANY M DIXON — DIRECTOR
- BILL LEVERING — VICE PRESIDE
- DR DESHAWN MCGARRITY — DIRECTOR
- FABAYO EGUNBUNMI — DIRECTOR
- KRISTINE MOORE — DIRECTOR
- LEW DUFORT — SECRETARY
- MARK MILANESE — PRESIDENT
- MIRIAM CAJUSTE — TREASURER
- NAYTIA ROBINSON — DIRECTOR
- RAY LEGERE — DIRECTOR
- SYLVIA JIMISON — DIRECTOR
relationships · 10
Who they work with
- Department of Housing and Urban Development Government — Follows HUD definitions and income guidelines for determining homeowner eligibility.
- General Electric Research and Development Center Partner — Dan Smith, a long-time employee and later volunteer and board member, contributed time and expertise to Habitat for Humanity of Schenectady County after retiring from General Electric Research and Development Center.
- Goodshop Partner — Partnered with Goodshop to enable donors to support the organization while shopping online using coupons.
- HABITAT FOR HUMANITY INTERNATIONAL Network — Is affiliated with Habitat for Humanity International and governed by its own bylaws and board of directors.
- Habitat for Humanity International Network — Local affiliate of Habitat for Humanity International, operating under its global nonprofit housing framework.
- Habitat for Humanity International Network — Local affiliate of the national Habitat for Humanity network.
- Habitat for Humanity International Network — Member of the Habitat for Humanity global network.
- IUE-CWA Union Partner — Provides strong backing and support for the Ramp Up program, enabling the construction of wheelchair ramps for community members.
- Shop Raise Partner — Collaborates with Shop Raise to generate donations through online purchases and gift card sales.
- eBay Partner — Partners with eBay to allow donors to buy or sell items benefiting the organization.
strategies · 4
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 Homeownership Financingmethodology: affordable_mortgage_financingBy offering no-profit, low-interest mortgages and pricing homes comparable to local rental costs, we enable low-income, working-class families to become homeowners, because reducing financial barriers makes long-term housing stability achievable for those excluded from traditional mortgage markets.
- Education-Integrated Homeownershipmethodology: homeownership_educationBy combining homeownership with education on financial responsibility and home maintenance, we promote successful long-term homeownership, because knowledge empowers families to sustain their investment and avoid preventable defaults or disrepair.
- Equity-Focused Homeownershipmethodology: equity-focused_homeownershipBy prioritizing homeownership opportunities for BIPOC communities historically excluded by discriminatory housing policies, we address systemic inequities, because targeted access to wealth-building assets like homes helps close racial wealth gaps and strengthens marginalized communities.
- Sweat Equity Homeownership Modelmethodology: sweat_equity_homeownershipBy requiring future homeowners to contribute labor (sweat equity) to build or rehabilitate their homes, we reduce construction costs and foster a sense of investment and responsibility, which increases the likelihood of long-term homeownership success, because active participation builds ownership pride and financial accessibility.