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ISLA HOUSING & DEVELOPMENT CORP
ROCHESTER, NY · EIN 161063363 · Form 990 · FY2024 · NTEE L200 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.1M
expenses
$1.0M
net assets
$634K
employees
4
volunteers
6
program ratio
98%
mission · from form 990

ASSIST HOMEOWNERS AND PROMOTE DEVELOPMENT

profile · synthesized from sources

ISLA Housing & Development Corp is a Rochester, NY-based nonprofit focused on housing development and homeowner assistance. The organization provides facilities and owner-occupied homes for low-income families, aligning with its mission to promote community development and support affordable housing stability in underserved areas.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $13K
    PROVIDE FACILITIES FOR LOW INCOME FAMILIES
  2. #2 $830K
    PROVIDE OWNER OCCUPIED HOMES FOR LOW INCOME FAMILIES
named programs · 2 · from sources

What they call their work

Provide Facilities for Low-Income Families
Offers housing facilities to support low-income families, with $13,000 in reported expenses and grants in 2024.
Provide Owner-Occupied Homes for Low-Income Families
Facilitates homeownership opportunities for low-income families, with $830,000 in reported expenses and grants in 2024.
activities · 1 group

What they do

  • Affordable Housing Development and Management 1 activity
    • Provides affordable housing facilities for low-income families
      Operates and provides housing facilities specifically designed for low-income families, including support for owner-occupied homes. This includes developing and maintaining residential properties to ensure long-term affordability and stability.
financials · form 990 · fy2024
revenue
Total revenue$1.06M
Contributions & grants$975K92%
Program service revenue$20K2%
Investment income$4120%
Other revenue$62K
expenses
Total expenses$1.01M
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$93K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$879K
Cash$614K
Investments$0
Liabilities$245K
Net assets$634K
Liquid reserves7.3 mo
5 years on record · 2020–2024 · YoY revenue +140.6%
leadership · form 990 part vii · fy2024

Who runs it

board members · 6
  • CARLOS GONZALEZ — BOARD MEMBER
  • J ROBERTO BURGOS — CHAIRMAN
  • JOHNNY SOLIVAN — BOARD MEMBER
  • MARISELA MIRANDA — BOARD MEMBER
  • MYRNALI MARTINEZ — SECRETARY
  • RAQUEL RODRIGUEZ — BOARD MEMBER
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.