Overview
What is Promesa Housing Development Fund Corporation Inc?
Promesa Housing Development Fund Corporation Inc is a nonprofit organization situated in Bronx County, New York, specifically at 311 East 175th Street, Bronx. Established with the aim of combating community deterioration and reducing neighborhood tensions, the organization focuses on residential revitalization in the Bronx and adjacent areas. Through its efforts, the nonprofit aims to improve the living conditions and promote harmony in these communities, ultimately contributing to a better quality of life for its residents. With a workforce of 39 individuals, Promesa Housing Development Fund Corporation Inc continues its mission of enhancing and revitalizing the Bronx community.
Official website here: www.acacianetwork.org
Is Promesa Housing Development Fund Corporation Inc legitimate?
Promesa Housing Development Fund Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Promesa Housing Development Fund Corporation 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: $0
For more financial information, click here
Official website here: www.acacianetwork.org
What is the mission statement of Promesa Housing Development Fund Corporation Inc?
Promesa Housing Development Fund Corporation Inc is committed to combating community deterioration and reducing neighborhood tensions. They accomplish this goal by focusing on the residential revitalization of the Bronx and adjacent areas in Bronx County. The organization's mission is to improve the living conditions and foster a sense of unity within these communities, ultimately creating a more harmonious environment for its residents. By revitalizing residential areas, Promesa Housing Development Fund Corporation Inc aims to uplift the neighborhoods and contribute to a positive change in the community's overall well-being.
Official website here: www.acacianetwork.org
Who is the CEO of Promesa Housing Development Fund Corporation Inc?
Lymaris Albors is the President of Promesa Housing Development Fund Corporation Inc. The CEO's salary of Promesa Housing Development Fund Corporation Inc is $0 and their total compensation is $795,306.
Official website here: www.acacianetwork.org
What is the revenue of Promesa Housing Development Fund Corporation Inc?
Promesa Housing Development Fund Corporation Inc's revenue in 2022 was $7,954,144.
Official website here: www.acacianetwork.org
Who are the executives of Promesa Housing Development Fund Corporation Inc and what are their salaries?
Here are 12 key members and their salaries (Promesa Housing Development Fund Corporation Inc's CEO's salary is $0 and their total compensation is $795,306):
- Raul Russi (President)
- Lymaris Albors (Chief Executive Officer)
- Jose A Rodriguez (Chief Legal Officer/Exec. Vp)
- Vicky Gatell (Chief Financial Officer)
- Luis Fernandez-Trinchet (Chief Housing Officer)
- Lorraine Coleman (Svp/Development,Policyplanning)
- David Almonte (Director - Housing Development)
- Cornelia Narovici (Construction Director)
- Eliezer Rodriguez Esq (Chair) [Trustee/Director]
- Arnie Segarra (Member) [Trustee/Director]
- Marybeth Hotaling (Treasurer) [Trustee/Director]
- Carmen S Melero (Vice Chair) [Trustee/Director]
Official website here: www.acacianetwork.org
Where can I find the form 990 for Promesa Housing Development Fund Corporation Inc?
The Promesa Housing Development Fund Corporation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.acacianetwork.org
Learn more at the official website: www.acacianetwork.org
Mission Statement of Promesa Housing Development Fund Corporation Inc
Promesa Housing Development Fund Corporation Inc is a nonprofit organization with a mission to combat community deterioration and lessen neighborhood tensions. They achieve this goal through the residential revitalization of the Bronx and adjacent areas of Bronx County. The entity was established with the aim of improving living conditions and fostering a sense of unity within the community. By revitalizing residential areas, Promesa Housing Development Fund Corporation Inc works towards creating a safer and more harmonious environment for its residents. The organization's mission is a testament to its commitment to enhancing the quality of life for the communities it serves.
Impact
This information is meant to be a general summary of Promesa Housing Development Fund Corporation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Promesa Housing Development Fund Corporation Inc is making a significant impact in the Bronx and adjacent areas of Bronx County by combatting community deterioration and lessening neighborhood tensions through residential revitalization. Their mission to improve communities and create better living conditions is evident in their dedication to revitalizing neighborhoods, fostering community engagement, and providing affordable housing options. Through their efforts, they are contributing to the overall well-being and harmony of the local communities they serve, ultimately creating a more vibrant and inclusive environment for residents to thrive.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,451,237
COMMERCIAL RENT
Revenue
$4,795,123
OTHER PROGRAM FEES
Revenue
$87,116
ENFORCEMENT MORTGAGE FORGIVENESS
Revenue
$280,845
CONSULTING FEES
Revenue
$339,823
Organization Details
Founding Year
1990
Phone
(718) 299-1100
Principal Officer
Lymaris Albors
Main Address
311 East 175th Street, Bronx, NY, 10457
Website
www.acacianetwork.org
NTEE Category
Code: S210 - Community improvement
If you are a representative of Promesa Housing Development Fund Corporation 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.