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CAYUGA DEVELOPMENTS INC

AUBURN, NY · EIN 222544628 · Form 990 · FY2024 · Small ($100K-$1M) · homsite.org
revenue
$268K
expenses
$295K
net assets
$-1.3M
employees
0
program ratio
91%
mission · from form 990

TO HELP THE UNDERPRIVILEDGED BY PROVIDING COUNSELING, JOB TRAINING, RENTAL ASSISTANCE AND HOUSING REHABILITATION TO QUALIFIED RESIDENTS

profile · synthesized from sources

Homsite is a nonprofit community development organization based in Auburn, NY, serving low- and moderate-income residents of Cayuga County. It provides housing counseling, homebuyer education, home repair grants, and rental assistance through the Section 8 Housing Choice Voucher Program. The organization also owns and manages affordable housing units for seniors and engages in housing rehabilitation and new construction projects to improve neighborhood conditions.

named programs · 4 · from sources

What they call their work

Home Improvement Grants
Offers grants for roof, window, door, furnace, plumbing, electrical, and accessibility repairs; includes AHC, RESTORE, and HOME programs based on income and eligibility.
Homebuyer Education Course
HUD-certified course covering credit, budgeting, mortgage options, predatory lending avoidance, and responsibilities of homeownership; includes one-on-one counseling.
Section 8 Housing Choice Voucher Program
Provides rental assistance to low-income families in the private market; participants pay 30%-40% of income toward rent, with the balance covered by direct payment to landlords.
Senior Housing Management
Manages 48 units of affordable senior housing in Cayuga County through Salato Gardens and West Shore Apartments for residents aged 62+ or disabled.
activities · 5 groups

What they do

  • Affordable Housing Development and Management 2 activities
    • Administer rental assistance and Section 8 Housing Choice Voucher Program
      Provides rental assistance to low-income individuals and families through the Housing Choice Voucher Program, administers eligibility based on income limits at or below 50% of AMI, maintains a waitlist with an average 3.5-year wait time, issues vouchers upon availability, and conducts Housing Quality Standards inspections to approve rental units.
    • Maintain housing availability listings for private rental units
      Compiles and updates a weekly list of available apartments owned by private landlords to assist low-income renters in securing housing.
  • Neighborhood Revitalization Initiatives 1 activity
    • Conduct housing rehabilitation and community revitalization projects
      Undertakes substantial rehabilitation of existing housing units and maintains multi-family rental properties through routine and major repairs to support community revitalization and safe, stable housing in Cayuga County.
  • Low-Income Senior Housing Operations 1 activity
    • Develop and manage senior and disability-inclusive affordable housing properties
      Owns and operates Salato Gardens and West Shore Apartments, affordable housing complexes for seniors (62+) and individuals with disabilities, offering 1- and 2-bedroom units with safety features, community spaces, laundry, and supportive services including Meals on Wheels and transportation access.
  • Home Repair Assistance for Low-Income Households 1 activity
    • Provide home repair and rehabilitation grants and loans
      Offers home repair grants covering up to 60% of project costs for low-income homeowners, provides home improvement assistance to homeowners aged 60+ with incomes at or below 80% AMI through RESTORE funding, and issues funding for replacement of mobile and manufactured homes through the NYS HOME Program. Also provides home improvement loans and grants for necessary repairs.
  • First-Time Homebuyer Support Services 1 activity
    • Provide housing counseling and homeownership support services
      Offers homebuyer education courses covering credit, budgeting, mortgage options, and closing procedures, along with one-on-one counseling to help individuals repair credit, reduce debt, and prepare for homeownership. Assists hundreds of new homebuyers with down payment and closing cost management.
financials · form 990 · fy2024
revenue
Total revenue$268K
Contributions & grants$00%
Program service revenue$261K98%
Investment income$5250%
Other revenue$6K
expenses
Total expenses$295K
Program expenses91%
Admin / overhead9%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$1.41M
Cash$166K
Investments$0
Liabilities$2.75M
Net assets$-1.35M
Liquid reserves6.8 mo
5 years on record · 2020–2024 · YoY revenue -3.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
ERICA RYAN EXECUTIVE DIRECTOR 1 $72K
board members · 6
  • BOB PADULA — PRESIDENT
  • CRAIG MIETZ — TREASURER
  • DEANNA HOEY RYAN — DIRECTOR
  • GREG LATTIMORE — DIRECTOR
  • LISA ENGE — SECRETARY
  • TIFFANY BEEBEE — VICE-CHAIR
relationships · 15

Who they work with

  • Cayuga County Government — Administers housing programs including Section 8 and senior housing on behalf of Cayuga County
  • Cayuga County Homsite Development Corporation Network — Board of Directors listed under this organization
  • Cayuga County Homsite Development Corporation, Inc. Partner — Part of the Homsite organizational structure.
  • HUD Government — Homsite offers a HUD Certified Home Buyer Education Orientation.
  • Homsite Partner — CAYUGA DEVELOPMENTS INC partners with Homsite on home improvement, rehabilitation, and rental property upkeep projects.
  • Homsite Fund, Inc. Network — Board of Directors listed under this organization
  • Homsite Fund, Inc. Partner — Part of the Homsite organizational structure.
  • Homsite Holding Company, Inc. Partner — Part of the Homsite organizational structure.
  • Meals on Wheels Partner — Provides access to Meals on Wheels services for residents at Salato Gardens.
  • NYS Affordable Housing Corporation Funder — Provides funding for home repair grants to low-income homeowners in Cayuga County.
  • NYS HOME Program Funder — Provides funding for replacement of mobile and manufactured homes in Cayuga County.
  • NYS Homes and Community Renewal Funder — Provides RESTORE funding for home improvements for seniors in Cayuga County.
  • SCAT Van Partner — Provides access to SCAT Van transportation services for residents at Salato Gardens.
  • U.S. Department of Housing and Urban Development Government — Follows Housing Quality Standards (HQS) established by HUD for rental unit inspections under the Section 8 program.
  • private landlords Partner — Landlords whose rental units are included in the apartment listing service
strategies · 3

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 and Rehabilitation Approach
    methodology: housing_first
    By rehabilitating existing housing stock and repairing homes for low-income owners, the organization improves neighborhood conditions and housing stability, because safe, quality, and energy-efficient housing is foundational to long-term economic and personal well-being.
  • Integrated Support Services Model
    methodology: integrated_support_services
    By providing counseling, job training, rental assistance, and housing rehabilitation together, the organization addresses the interconnected barriers faced by disadvantaged individuals, because holistic support increases housing stability and economic self-sufficiency more effectively than isolated interventions.
  • Tenant-Centered Affordability Model
    methodology: rent_contribution_model
    By using tenant-based vouchers and structuring rent as 30% to 40% of adjusted income, the organization enables access to private market housing, because predictable, income-based rent contributions reduce housing instability and prevent displacement.