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HOUSING VISIONS UNLIMITED INC
SYRACUSE, NY · EIN 911922911 · Form 990 · FY2024 · Large ($10M-$50M)
revenue
$33.6M
expenses
$29.7M
net assets
$31.7M
employees
14
volunteers
25
program ratio
96%
mission · from form 990

DEVELOPMENT AND MANAGEMENT OF AFFORDABLE HOUSING.

profile · synthesized from sources

Housing Visions Unlimited Inc is a New York-based nonprofit focused on the development and management of affordable housing. The organization undertakes construction and redevelopment projects to create housing units, primarily utilizing Low-Income Housing Tax Credits (LIHTC) and other state and local funding sources. It operates primarily in the Syracuse area and emphasizes energy-efficient, green building standards in its developments.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $1.67M
    EXPENSES INCURRED IN DEVELOPING 166 UNITS FOR SEVERAL PROJECTS AND DEVELOPMENT OF FUTURE PROJECTS UTILIZING VARIOUS FUNDING SOURCES INCLUDING LIHC AND OTHER STATE AND LOCAL FUNDING.
  2. #2 $20.87M
    EXPENSES INCURRED FOR HIGH-QUALITY RESIDENTIAL CONSTRUCTION WITH ENERGY EFFICIENCY MEASURES AND GREEN BUILDING STANDARDS.
named programs · 2 · from sources

What they call their work

Affordable Housing Development
Development of multi-unit affordable housing projects utilizing LIHTC and other public funding sources; includes construction and future project planning.
Green Building Construction
Residential construction incorporating energy efficiency measures and green building standards across development projects.
activities · 2 groups

What they do

  • Affordable Housing Development and Management 1 activity
    • Development of affordable housing units
      Develops affordable housing units through projects funded by the Low-Income Housing Credit (LIHC) and other state and local funding sources. Over multiple reporting periods, the organization developed between 166 and 229 units per cycle, with specific projects totaling 166, 177, 216, and 229 units respectively.
  • Low-Income Home Energy Efficiency Upgrades 1 activity
    • Incorporation of energy efficiency and green building standards in construction
      Conducts high-quality residential construction that incorporates energy efficiency measures and adheres to green building standards in the development of affordable housing projects.
financials · form 990 · fy2024
revenue
Total revenue$33.57M
Contributions & grants$853K3%
Program service revenue$32.60M97%
Investment income$32K0%
Other revenue$90K
expenses
Total expenses$29.69M
Program expenses96%
Admin / overhead4%
Fundraising0%
Salaries & benefits$6.10M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$68.92M
Cash$350K
Investments$0
Liabilities$37.18M
Net assets$31.74M
Liquid reserves0.1 mo
4 years on record · 2020–2024 · YoY revenue +58.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
BENJAMIN LOCKWOOD PRESIDENT & CEO 40 $221K
REBECCA TREVISANI EXECUTIVE VP & COO 40 $198K
JAMES QUINN VICE PRESIDENT OF FINANCE 40 $178K
board members · 14
  • BEVERLY GRIFFIN — BOARD MEMBER
  • DAVID MICHEL — CHAIR - HVC,HVCC,HVDG,HPU
  • FELICIA WELCH-BROWN — VICE CHAIR-HVC,TREASURER-H
  • JOANNE STEWART — SECRETARY-HVC & HVCC
  • JOSEPH BRYANT — BOARD MEMBER
  • JOSEPH WORMWORTH — BOARD MEMBER
  • KENYON CRAIG — TREASURER - HVC,HVCC,HPU,
  • MARIO CABRAL — BOARD MEMBER
  • MATT IRISH — BOARD MEMBER
  • NATHAN BROWN — VICE CHAIR-HVCC
  • PATRONA JONES-ROWSER — BOARD MEMBER
  • PAUL PREDMORE — SECRETARY-HVDG & HPU
  • RICKEY BROWN — BOARD MEMBER
  • ROBERT HOUGH — BOARD MEMBER
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.