THE CORPORATION WAS ORGANIZED TO DEVELOP A HOUSING PROJECT FOR PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS, WHICH PROJECT IS TO BE ASSISTED BY A "MUNICIPALLY-AIDED MORTGAGE" AS DEFINED IN SECTION 572(13) OF THE PRIVATE HOUSING FINANCE LAW THROUGH ONE OR MORE MORTGAGE LOANS MADE BY THE CITY OF CORTLAND "SUPERVISING AGENCY, AND SUCH OTHER INSTRUMENTALITIES OF FEDERAL, STATE AND LOCAL GOVERNMENT AS MAY BE NECESSARY TO COMPLETE THE FINANCING FOR THE PROJECT.
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2025 990 - Public charity return Jan 1, 2025 to Dec 31, 2025 | $313,535 ↑ | $165,685 | $1,042,473 |
| 2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024 | $311,969 ↑ | $166,224 | $894,623 |
| 2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023 | $310,433 ↑ | $164,604 | $782,587 |
| 2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022 | $308,923 ↑ | $172,524 | $636,758 |
| 2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020 | $306,035 ↑ | $178,894 | $370,587 |
| 2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018 | $303,624 | $184,377 | $120,473 |
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