Concourse Gardens Housing Development Fund Company Inc

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

EIN: 133696061 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Concourse Gardens Housing Development Fund Company Inc?

Concourse Gardens Housing Development Fund Company Inc is a nonprofit organization based in New York City, specifically at 11 Park Place, New York, NY 10007. Their primary mission is to provide subsidized, low-income housing for senior citizens, with 119 units available. This housing complex, located at Echo Place off the Grand Concourse in the Bronx, offers additional social and recreational services to its residents. With a team of eight dedicated individuals, the company is committed to developing, constructing, and operating housing and related facilities primarily for the elderly and handicapped.


Official website here: www.nyfsc.org

Is Concourse Gardens Housing Development Fund Company Inc legitimate?

Concourse Gardens Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concourse Gardens 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: $266,219

For more financial information, click here


Official website here: www.nyfsc.org

What is the mission statement of Concourse Gardens Housing Development Fund Company Inc?

Concourse Gardens Housing Development Fund Company Inc is dedicated to the mission of developing, constructing, and operating housing and related facilities primarily for the elderly and individuals with disabilities. Their primary activity involves providing 119 units of subsidized, low-income housing for senior citizens. In addition to housing, they offer social and recreational services to enhance their residents' quality of life.


Official website here: www.nyfsc.org

Who is the CEO of Concourse Gardens Housing Development Fund Company Inc?

Linda Hoffman is the President of Concourse Gardens Housing Development Fund Company Inc. The CEO's salary of Concourse Gardens Housing Development Fund Company Inc is $0 and their total compensation is $724,061.


Official website here: www.nyfsc.org

What is the revenue of Concourse Gardens Housing Development Fund Company Inc?

Concourse Gardens Housing Development Fund Company Inc's revenue in 2022 was $1,528,911.


Official website here: www.nyfsc.org

Who are the executives of Concourse Gardens Housing Development Fund Company Inc and what are their salaries?

The average compensation at Concourse Gardens Housing Development Fund Company Inc during 2022 was $33,277. There are 8 employees at Concourse Gardens Housing Development Fund Company Inc.

Here are 9 key members and their salaries (Concourse Gardens Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $724,061):

    Linda R Hoffman (Chief Executive Officer)
  • Compensation: $0
  • Related: $692,717
  • Other: $31,344

    • Rolando Blanco (Chief Financial Officer)
  • Compensation: $0
  • Related: $280,600
  • Other: $25,497

    • Deborah Smith Bernstein (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth R Tozer (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Finkelsten (Exec. Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William N Hubbard Iii (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

    • Ann Van Ness (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nyfsc.org

    Where can I find the form 990 for Concourse Gardens Housing Development Fund Company Inc?

    The Concourse Gardens Housing Development Fund Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nyfsc.org

    Learn more at the official website: www.nyfsc.org

    Mission Statement of Concourse Gardens Housing Development Fund Company Inc

    Concourse Gardens Housing Development Fund Company Inc, as a nonprofit organization, is dedicated to a mission that involves developing, constructing, and operating housing and related facilities for the elderly and handicapped. This mission is centered around providing subsidized, low-income housing for senior citizens, offering them a safe and comfortable living environment. Beyond just housing, the company also provides social and recreational services to enrich the lives of its residents. By doing so, Concourse Gardens Housing Development Fund Company Inc aims to contribute positively to the well-being of its elderly and handicapped residents, providing them with the support they need to lead fulfilling lives.

    Impact

    This information is meant to be a general summary of Concourse Gardens 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 15, 2024

    Concourse Gardens Housing Development Fund Company Inc provides 119 units of subsidized, low-income housing for senior citizens in New York. This initiative offers social and recreational services for its residents, contributing to the well-being and quality of life of elderly individuals in need of affordable housing. By developing, constructing, and operating housing facilities for the elderly and handicapped, Concourse Gardens Housing Development Fund Company Inc plays a crucial role in addressing issues of housing insecurity and ensuring that vulnerable populations have access to safe and affordable living spaces.





    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: $80
  • Program Service Revenue: $301,365
  • Gross Receipts: $1,528,911

    • Assets and Liabilities:
  • Total Assets: $5,972,844
  • Total Liabilities: $10,530,329
  • Net Assets: -$4,557,485
  • Programs

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

    RENTAL INCOME

    Revenue

    $301,365

    Organization Details

    Founding Year

    1992

    Principal Officer

    Linda Hoffman

    Main Address

    11 PARK PLACE 1416, NEW YORK, NY, 10007

    NTEE Category

    Code: L12 - Housing

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