Ec Housing Development Fund Company Inc

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

EIN: 133121459 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Ec Housing Development Fund Company Inc?

Ec Housing Development Fund Company Inc, based in the Bronx, New York, is a nonprofit organization with a mission to provide housing for the elderly and handicapped. They operate under Section 202 of the Federal Housing Act of 1959, dedicating their efforts to this specific community in the South Bronx area of New York City. With a small team of just two employees, they strive to offer affordable housing options to cater to the unique needs of these individuals.


Is Ec Housing Development Fund Company Inc legitimate?

Ec Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ec Housing Development Fund Company Inc 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: $165,599

For more financial information, click here


What is the mission statement of Ec Housing Development Fund Company Inc?
Who is the CEO of Ec Housing Development Fund Company Inc?
What is the revenue of Ec Housing Development Fund Company Inc?
Who are the executives of Ec Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for Ec Housing Development Fund Company Inc?

Mission Statement of Ec Housing Development Fund Company Inc

Ec Housing Development Fund Company Inc, as a nonprofit organization, is committed to providing affordable housing for the elderly and handicapped. This mission is carried out in adherence to Section 202 of the Federal Housing Act of 1959. The company's primary objective is to create a living space that caters to the unique needs of this specific demographic, ensuring they live with dignity and independence. By providing housing under Section 202, Ec Housing Development Fund Company Inc contributes to the well-being of its residents, enabling them to maintain a sense of community and security.

Impact

This information is meant to be a general summary of Ec Housing Development Fund Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

The impact of Ec Housing Development Fund Company Inc is vital in providing affordable housing for the elderly and handicapped in the South Bronx area of New York City. By focusing on fulfilling the housing needs of these vulnerable populations under Section 202 of the Federal Housing Act of 1959, the organization plays a crucial role in ensuring that elderly and handicapped individuals have access to safe and suitable housing options. Through its dedicated efforts, Ec Housing Development Fund Company Inc contributes to enhancing the quality of life and promoting the well-being of these underserved communities in the Bronx, NY.





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: $309
  • Program Service Revenue: $2,308,053
  • Gross Receipts: $2,308,362

    • Assets and Liabilities:
  • Total Assets: $2,898,514
  • Total Liabilities: $7,605,390
  • Net Assets: -$4,706,876
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,072,826

    SERVICE COORDINATOR

    Revenue

    $235,227

    Organization Details

    Founding Year

    1982

    Principal Officer

    Salvatore Gigante

    Main Address

    429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Ec Housing Development Fund Company Inc 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.