nonprofit logo

Highbridge Community Housing Development Fund Corp

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

EIN: 133496091 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Highbridge Community Housing Development Fund Corp?

Highbridge Community Housing Development Fund Corp is a nonprofit organization located in the Bronx, New York, specifically at 1465 Nelson Avenue A. Their primary mission is to provide affordable housing for low-income families, contributing to the community in the Highbridge section of the Bronx. Beyond this, they have also engaged in the development and marketing of two-family homes and have leased land for future development in the same area. With a workforce of 38 individuals, the organization strives to make a positive impact on the local community by providing essential housing solutions.


Is Highbridge Community Housing Development Fund Corp legitimate?

Highbridge Community Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highbridge Community Housing Development Fund Corp 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: $2,206,247

For more financial information, click here


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

Mission Statement of Highbridge Community Housing Development Fund Corp

Highbridge Community Housing Development Fund Corp is dedicated to providing low-income housing solutions in various income brackets, including homeless families. This nonprofit organization has taken active steps in this mission, operating a substantial 722-apartment housing project. Beyond this, Highbridge Community Housing Development Fund Corp has also engaged in the development and marketing of two-family homes, expanding its reach to accommodate more families in need. Furthermore, the organization has leased land for development in the Bronx, New York, demonstrating its commitment to providing affordable housing solutions.

Impact

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




Thursday, August 1, 2024

Highbridge Community Housing Development Fund Corp's impact can be seen in the provision of low-income housing in the Highbridge section of the Bronx, New York. The organization has operated a 722-apartment-unit project catering to homeless, low-income, and moderate-income families in the area. Additionally, they have been involved in the development and marketing of two-family homes and leasing land for further development within the Bronx. Through these efforts, Highbridge Community Housing Development Fund Corp has played a crucial role in addressing housing challenges and providing affordable living options for individuals and families in need in the community.





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: $165,477
  • Program Service Revenue: $9,682,657
  • Gross Receipts: $9,848,134

    • Assets and Liabilities:
  • Total Assets: $37,644,757
  • Total Liabilities: $92,055,778
  • Net Assets: -$54,411,021
  • Programs

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

    RENTAL INCOME

    Revenue

    $9,150,468

    MAINTENANCE MGMT

    Revenue

    $457,109

    Organization Details

    Founding Year

    1989

    Principal Officer

    Kobina Arhin

    Main Address

    1465 NELSON AVENUE A, BRONX, NY, 10452

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Highbridge Community Housing Development Fund Corp 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.