FRANKLIN WINSOR HOUSING DEVELOPMENT FUND CORPORATION

ELMSFORD, NY | Westchester County
Affordable Housing

Overview

FRANKLIN WINSOR HOUSING DEVELOPMENT FUND CORPORATION
13-3357760
5 WEST MAIN STREET
ELMSFORD, NY 10523
Westchester County
(914) 592-5434

Mission Statement info

TO PROVIDE DIRECT AND INDIRECT FINANCIAL AND OPERATING SUPPORT FOR RESIDENTIAL HOUSING CONTAINING 100 AFFORDABLE LOW-INCOME HOUSING UNITS, SUBJECT TO REGULATION BY U.S. DEPT. OF HUD.

Founded info
1987
Total Employees info
0
Total Volunteers info
5
CRA Category info
  • Affordable Housing
Nonprofit location info
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
382
Housing for the aged
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$18.2K
Revenue
$18.2K
Assets
$798.1K
Exempt Ruling Date info
1986-10
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
NY
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
5 WEST MAIN STREET
ELMSFORD, NY 10523
Westchester County
FIPS Geocoded Address info
35620
MSA/CBSA info
36
State info
119
County info
0112.00
Tract info
Upper
Income Level info
Core-Based Statistical Area info
New York-Newark-Jersey City, NY-NJ-PA
Combined Statistical Area info
New York-Newark, NY-NJ-CT-PA
Metropolitan Division info
New York-Jersey City-White Plains, NY-NJ
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 72.32%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
0112.00 Westchester County
Population
Total Population 4,136 968,890
Total Households 1,238 349,292
Income
Median Family Income (Census*) $92,000 $96,610
Median Family Income (2019 FFIEC) $79,300 N/A
Tract Income Percentage 136.17% N/A
Below Poverty Level 15.9% 8.8%
Unemployment Level 5.8% 5.4%
Housing
Total Housing Units 1,381 374,923
Total Owner-Occupied Units 55.5% 61.4%
Total Renter-Occupied Units 34.2% 38.6%
Total Vacant Units 10.4% 6%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

5
Total Voting Members
in Governing Body
info
5
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Eugene F Conroy
Secretary
(914) 592-5434
Principal Officer info
Rev. Eric Mathsen
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.