Mbd Community Housing Coporation

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

EIN: 133023179 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Mbd Community Housing Coporation?

Mbd Community Housing Corporation is a nonprofit organization situated in the Bronx, New York, specifically at 1789 Southern Blvd, 10460. Their primary mission is to enhance community living by offering affordable housing to individuals with low and moderate incomes. They achieve this goal by upgrading deteriorated neighborhoods and providing quality housing services. The organization also engages in economic development, utilizing resources effectively and creatively through qualified personnel, to deliver comprehensive human services. Their team, comprising 14 members, works diligently to improve the overall quality of life in their community by offering housing development, property management, and various other human services.


Official website here: www.mbdhousing.org

Is Mbd Community Housing Coporation legitimate?

Mbd Community Housing Coporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mbd Community Housing Coporation 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: $448,758
Professional Fundraising Fees: $0
Other Salaries and Wages: $427,022

For more financial information, click here


Official website here: www.mbdhousing.org

What is the mission statement of Mbd Community Housing Coporation?

The Mbd Community Housing Corporation's mission is centered around enhancing community living standards. They strive to achieve this by delivering exceptional services, primarily focusing on housing development, property management, and economic development. Utilizing creative resource management by qualified personnel is a key strategy in their approach. The corporation aims to improve the quality of life within their community, with a specific emphasis on providing low and moderate-income housing by revitalizing deteriorated neighborhoods. Their objective is to develop and manage properties in a way that positively impacts the community's well-being.


Official website here: www.mbdhousing.org

Who is the CEO of Mbd Community Housing Coporation?

Derrick Lovett is the Treasurer of Mbd Community Housing Coporation. The CEO's salary of Mbd Community Housing Coporation is $295,232 and their total compensation is $604,716.


Official website here: www.mbdhousing.org

What is the revenue of Mbd Community Housing Coporation?

Mbd Community Housing Coporation's revenue in 2022 was $3,845,818.


Official website here: www.mbdhousing.org

Who are the executives of Mbd Community Housing Coporation and what are their salaries?

The average compensation at Mbd Community Housing Coporation during 2022 was $62,556. There are 14 employees at Mbd Community Housing Coporation.

Here are 8 key members and their salaries (Mbd Community Housing Coporation's CEO's salary is $295,232 and their total compensation is $604,716):

    Derrick Lovett (President/Ceo) [Trustee/Director]
  • Compensation: $295,232
  • Related: $0
  • Other: $309,484

    • Rubria Rodriguez (Administrator)
  • Compensation: $181,597
  • Related: $0
  • Other: $193,344

    • April Horton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Landon Dais (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phyllis Williams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wallace Mobley (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Sargent (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kennethe Morrison (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mbdhousing.org

    Where can I find the form 990 for Mbd Community Housing Coporation?

    The Mbd Community Housing Coporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mbdhousing.org

    Learn more at the official website: www.mbdhousing.org

    Mission Statement of Mbd Community Housing Coporation

    Mbd Community Housing Corporation, a nonprofit organization, is dedicated to enhancing community life by offering exceptional services. Its primary mission is to improve the quality of life for its community through strategic development, property management, economic development, and the delivery of human services. This is achieved by creatively utilizing resources and leveraging the skills of qualified personnel.

    One of Mbd Community Housing Corporation's key initiatives is its Affordable Housing Program. This program seeks to address the issue of low and moderate-income housing by revitalizing deteriorated neighborhoods. By upgrading these areas, Mbd Community Housing Corporation provides affordable housing options, thereby contributing to the overall well-being and livability of the community. This commitment to affordable housing and community development demonstrates Mbd Community Housing Corporation's dedication to improving the lives of its community members.

    Impact

    This information is meant to be a general summary of Mbd Community Housing Coporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 1, 2024

    Mbd Community Housing Corporation's impact can be seen through its efforts to improve the quality of life in the Bronx, NY, by providing exemplary services to its community. Through their affordable housing program, they strive to provide low and moderate-income housing by upgrading deteriorated neighborhoods. This not only addresses the housing needs of the community but also contributes to the overall revitalization and development of the area. By creatively utilizing resources and qualified personnel, Mbd Community Housing Corporation plays a crucial role in creating a more sustainable and inclusive community for the residents of the Bronx.





    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: $3,084
  • Program Service Revenue: $3,792,853
  • Gross Receipts: $3,845,818

    • Assets and Liabilities:
  • Total Assets: $24,519,771
  • Total Liabilities: $1,430,062
  • Net Assets: $23,089,709
  • Programs

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

    DEVELOPER FEES

    Revenue

    $1,939,741

    SELLER NOTES

    Revenue

    $1,203,910

    SOCIAL SERVICE INCOME

    Revenue

    $488,752

    RENTAL INCOME

    Revenue

    $149,448

    INSURANCE CLAIM

    Revenue

    $9,496

    Organization Details

    Founding Year

    1975

    Principal Officer

    Derrick Lovett

    Main Address

    1789 SOUTHERN BLVD, BRONX, NY, 10460

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Mbd Community Housing Coporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.