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Belmont Arthur Avenue Ldc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133020589 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Belmont Arthur Avenue Ldc?

Belmont Arthur Avenue Ldc is a nonprofit organization situated in the Bronx, New York, with an address at 660 E 183rd Street. Their primary mission is to sponsor low and moderate income housing projects, thereby providing housing opportunities for the lower income population and those experiencing homelessness. Their work involves HPD/NPC, CCP, HPI, and DHCR programs, all aimed at offering social services in conjunction with affordable and moderate income housing. The organization employs a team of 28 individuals, demonstrating their commitment to this vital cause.


Official website here: www.belmontarthur.com

Is Belmont Arthur Avenue Ldc legitimate?

Belmont Arthur Avenue Ldc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Belmont Arthur Avenue Ldc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,189,839

For more financial information, click here


Official website here: www.belmontarthur.com

What is the mission statement of Belmont Arthur Avenue Ldc?

Belmont Arthur Avenue Ldc, as an organization, focuses on sponsoring low-income and moderate-income housing projects. Their mission is to create housing opportunities for homeownership for the lower income segment of the population, as well as providing shelter for the homeless. They achieve this through various programs including HPD/NPC, CCP, HPI, and DHCR, which offer social services in conjunction with affordable and moderate-income housing. The organization's activities are geared towards improving housing accessibility and promoting homeownership for those in financial need.


Official website here: www.belmontarthur.com

Who is the CEO of Belmont Arthur Avenue Ldc?

Consolato Cicciu is the Executive Director of Belmont Arthur Avenue Ldc.


Official website here: www.belmontarthur.com

What is the revenue of Belmont Arthur Avenue Ldc?

Belmont Arthur Avenue Ldc's revenue in 2022 was $2,415,760.


Official website here: www.belmontarthur.com

Who are the executives of Belmont Arthur Avenue Ldc and what are their salaries?

The average compensation at Belmont Arthur Avenue Ldc during 2022 was $42,494. There are 28 employees at Belmont Arthur Avenue Ldc.

Here are 10 key members and their salaries:

    Camille Acampora (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Izzo (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evelyn Ibanez (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Efrain Torres (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Giovannina Russo (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Fracassi (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charlotte Fazio (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecilia Ferro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Consolato Cicciu (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Giordano (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.belmontarthur.com

    Where can I find the form 990 for Belmont Arthur Avenue Ldc?

    The Belmont Arthur Avenue Ldc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.belmontarthur.com

    Learn more at the official website: www.belmontarthur.com

    Mission Statement of Belmont Arthur Avenue Ldc

    Belmont Arthur Avenue Ldc, as a nonprofit organization, is committed to sponsoring low and moderate income housing projects. Their mission is to create housing opportunities, not just for home ownership, but also for the homeless population. By implementing these projects, they aim to provide a much-needed solution for lower income individuals, helping them secure a place to call their own. In addition to their housing initiatives, Belmont Arthur Avenue Ldc offers social services in conjunction with affordable and moderate income housing programs such as HPD/NPC, CCP, HPI, and DHCR. These services are designed to support the individuals and families living in these housing units, ensuring they have access to the resources they need to thrive.

    Impact

    This information is meant to be a general summary of Belmont Arthur Avenue Ldc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    Belmont Arthur Avenue LDC's impact is significant in the Bronx community of New York. By sponsoring low and moderate income housing projects, they are actively creating housing opportunities for homeownership among lower-income and homeless populations. Through their collaboration with HPD/NPC, CCP, HPI, and DHCR programs, they provide social services in conjunction with affordable and moderate income housing. This organization's dedication to community improvement is evident in their efforts to address housing affordability and support those in need of stable housing solutions.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $5,794
  • Program Service Revenue: $1,057,478
  • Gross Receipts: $2,415,760

    • Assets and Liabilities:
  • Total Assets: $7,003,683
  • Total Liabilities: $122,093
  • Net Assets: $6,881,590
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MANAGEMENT FEES

    Revenue

    $881,165

    PROGRAMMATIC REVENUE

    Revenue

    $176,313

    Organization Details

    Founding Year

    1981

    Principal Officer

    Consolato Cicciu

    Main Address

    660 E 183RD STREET, BRONX, NY, 10458

    NTEE Category

    Code: S20Z - Community improvement

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