nonprofit logo

Hunts Point Housing Development Corporation

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

EIN: 133574304 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Hunts Point Housing Development Corporation?

Hunts Point Housing Development Corporation is a nonprofit organization situated in the Bronx, New York, specifically at 429 Bruckner Boulevard, 2nd Floor, 10455. Their primary focus is on providing low-income housing in the South Bronx. They finance and construct these housing units to accommodate the local community. Beyond housing, Hunts Point Housing Development Corporation also extends its commitment to the community by offering essential social services to their tenants. These services are designed to support and enhance the quality of life for those residing in the low-income housing units. With a dedicated workforce of 11 individuals, the organization strives to make a positive impact on the community it serves.


Is Hunts Point Housing Development Corporation legitimate?

Hunts Point Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hunts Point Housing Development Corporation 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: $594,867

For more financial information, click here


What is the mission statement of Hunts Point Housing Development Corporation?
Who is the CEO of Hunts Point Housing Development Corporation?
What is the revenue of Hunts Point Housing Development Corporation?
Who are the executives of Hunts Point Housing Development Corporation and what are their salaries?
Where can I find the form 990 for Hunts Point Housing Development Corporation?

Mission Statement of Hunts Point Housing Development Corporation

Hunts Point Housing Development Corporation, a nonprofit organization, is committed to serving the community by owning and operating low-income housing in addition to providing essential social services for its tenants. This organization constructs housing units in areas requiring affordable living options, often utilizing funds from local resources such as New York City. Beyond providing shelter, Hunts Point Housing Development Corporation takes an active role in supporting its residents by offering a variety of social services. These services aim to enhance the quality of life for the tenants, ensuring they have the necessary resources to thrive in their living environment.

Impact

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




Thursday, August 15, 2024

Hunts Point Housing Development Corporation's impact is significant in the South Bronx community, where it owns and operates low-income housing. Additionally, the organization provides vital social services for its tenants, contributing to the overall well-being and stability of the residents. Through the construction of affordable housing units and the provision of essential support services, Hunts Point Housing Development Corporation plays a crucial role in addressing housing insecurity and promoting economic resilience in the area.





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: $85,371
  • Program Service Revenue: $5,232,225
  • Gross Receipts: $6,395,288

    • Assets and Liabilities:
  • Total Assets: $13,578,651
  • Total Liabilities: $36,642,151
  • Net Assets: -$23,063,500
  • Programs

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

    LOW INCOME HOUSING RENTAL

    Revenue

    $5,232,225

    Organization Details

    Principal Officer

    Salvatore Gigante

    Main Address

    429 BRUCKNER BLVD2ND FLOOR, BRONX, NY, 10455

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Hunts Point Housing Development Corporation 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.