MISSION
To convert existing senior housing apartments convert units to project-based Section 8 programs, providing an opportunity to invest in properties at risk of being lost from the nation's affordable housing inventory.
DEMOGRAPHIC
ADDRESS
23 JAY ST
12801
COUNTY
warren county, NY
IN CARE OF NAME
ROBERT LANDRY
ORGANIZATIONAL OVERVIEW & RANKINGS
GFHA DEVELOPMENT CORPORATION is a based in GLENS FALLS, NY, focused on Housing, Shelter causes , specifically Public Housing Facilities. Established in October 2020, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,648,440 among 2,656,690 nonprofits nationally (Top 63%), demonstrating developing financial capacity relative to its peers. At the state level, it stands at 72,779 out of 159,053 organizations in NY (Top 46%).
In warren county, NY, the organization ranks 508 out of 686 nonprofits by assets (Top 73%), while locally in glens falls, it stands at 177 among 221 organizations (Top 78%).
The organization reported no revenue in the most recent filing period, placing it at 852,249 nationally and 51,230 in NY.
Within its specific NTEE classification (L21 - L: Housing, Shelter), which includes 3,761 similar organizations, GFHA DEVELOPMENT CORPORATION ranks 2,505 in assets (Top 67%) and 2,402 in revenue (Top 64%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
L: Housing, Shelter
NTEE CODE
L21: Public Housing Facilities
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
10/2020
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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