Norfolk Housing Development Fund

Housing & shelter organization based in Norfolk, NY. 1 employees. Exempt under §501(c)(3).

MissionTHIS COMPANY HAS BEEN ORGANIZED EXCLUSIVELY, AS ITS SOLE PURPOSE, TO DEVELOP, ON A NOT-FOR-PROFIT BASIS, A 24-UNIT HOUSING PROJECT FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.

Financial snapshot · TY 2024

$202K
Total revenue
$190K
Total expenses
$437K
Net assets

Financial health · TY 2024

15
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-23.4 months of expenses
Program efficiency
37
64.6% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Bonnie Davey
PRESIDENT
$38,102
39th percentile vs. peers

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Norfolk Housing Development Fund Executive Compensation | 990 Data | DoubleNine