Melrose Villa Hermosa Development Fund Company Inc

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

EIN: 133501749 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Melrose Villa Hermosa Development Fund Company Inc?

Melrose Villa Hermosa Development Fund Company Inc is a nonprofit organization situated in Bronx, New York. Its primary mission is to provide affordable housing for the elderly and disabled, prioritizing their wellbeing. This is achieved through a tailored rental assistance program, which grants eligible residents access to high-quality living arrangements within the Bronx community. The company's initiatives are centered around promoting the health and overall quality of life for its residents, making it an essential resource for this specific population.


Official website here: www.none

Is Melrose Villa Hermosa Development Fund Company Inc legitimate?

Melrose Villa Hermosa Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Melrose Villa Hermosa 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: $143,444

For more financial information, click here


Official website here: www.none

What is the mission statement of Melrose Villa Hermosa Development Fund Company Inc?

Melrose Villa Hermosa Development Fund Company Inc has a mission to provide low-income housing for the elderly and disabled, with a focus on promoting their health. This is achieved through a dedicated rental assistance program, offering high-quality living arrangements to its residents in Bronx, NY. The company's mission is centered around ensuring that this vulnerable population has access to suitable living conditions. By providing this service, Melrose Villa Hermosa Development Fund Company Inc aims to enhance the well-being of its residents and contribute positively to their daily lives.


Official website here: www.none

Who is the CEO of Melrose Villa Hermosa Development Fund Company Inc?

Rev Bertram Bennett is the Board Member of Melrose Villa Hermosa Development Fund Company Inc.


Official website here: www.none

What is the revenue of Melrose Villa Hermosa Development Fund Company Inc?

Melrose Villa Hermosa Development Fund Company Inc's revenue in 2022 was $1,023,446.


Official website here: www.none

Who are the executives of Melrose Villa Hermosa Development Fund Company Inc and what are their salaries?

The average compensation at Melrose Villa Hermosa Development Fund Company Inc during 2022 was $35,861. There are 4 employees and 5 volunteers at Melrose Villa Hermosa Development Fund Company Inc.

Here are 5 key members and their salaries:

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

    • Gloria Alston (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Bertram Bennett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Francis (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvonne James (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.none

    Where can I find the form 990 for Melrose Villa Hermosa Development Fund Company Inc?

    The Melrose Villa Hermosa Development Fund Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.none

    Learn more at the official website: www.none

    Mission Statement of Melrose Villa Hermosa Development Fund Company Inc

    Melrose Villa Hermosa Development Fund Company, a nonprofit organization, is dedicated to providing low-income housing for the elderly and disabled. Their mission is centered around promoting the health of their residents. To accomplish this, they offer a rental assistance program specifically tailored for this population. This program ensures that elderly and disabled individuals have access to high-quality living arrangements, providing them with a decent place to call home. By offering such housing, Melrose Villa Hermosa Development Fund Company contributes to enhancing the overall well-being of this vulnerable group, enabling them to live with dignity and independence.

    Impact

    This information is meant to be a general summary of Melrose Villa Hermosa 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

    Melrose Villa Hermosa Development Fund Company Inc's impact is significant in the community as it provides essential low-income housing for the elderly and disabled individuals in the Bronx, NY. By offering quality living arrangements and a rental assistance program tailored to this vulnerable population, the organization plays a crucial role in promoting the health and well-being of its residents. Through its dedicated mission, Melrose Villa Hermosa Development Fund Company contributes to addressing the housing needs of those in need, ultimately enhancing the overall quality of life for these individuals.





    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: $1,300
  • Program Service Revenue: $1,022,146
  • Gross Receipts: $1,023,446

    • Assets and Liabilities:
  • Total Assets: $6,760,969
  • Total Liabilities: $298,551
  • Net Assets: $6,462,418
  • Programs

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

    LOW-INCOME HOUSING RENT

    Revenue

    $1,014,854

    LAUNDRY AND OTHER TENANT CHAR

    Revenue

    $7,292

    Organization Details

    Founding Year

    2004

    Principal Officer

    Rev Bertram Bennett

    Main Address

    825 MELROSE AVENUE, BRONX, NY, 10451

    Website

    www.none

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Melrose Villa Hermosa 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.