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440 East 182nd Street Hdfcinc

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

EIN: 133810912 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is 440 East 182nd Street Hdfcinc?

440 East 182nd Street Hdfcinc is a nonprofit organization situated in the Bronx, New York, specifically at 660 EAST 183RD STREET. Their primary mission is to offer affordable housing opportunities to low-income and moderate-income families within the community. To achieve this, they manage a property that generates revenue through rental income from these residents. The associated expenses cover administrative fees, utilities, repairs and maintenance, taxes, and insurance, ensuring the efficient operation of the premises while abiding by regulations.


Official website here: www.belmontarthurldc.com

Is 440 East 182nd Street Hdfcinc legitimate?

440 East 182nd Street Hdfcinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 440 East 182nd Street Hdfcinc 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.belmontarthurldc.com

What is the mission statement of 440 East 182nd Street Hdfcinc?

440 East 182nd Street Hdfcinc's mission is centered around providing housing opportunities for individuals with modest to substantial income levels within the community. This organization strives to achieve this goal by generating revenue through the provision of subsidized rental units. The associated expenses cover essential operational costs such as administrative fees, utilities, repairs, maintenance, tax, and insurance, ensuring the property is efficiently operated and complies with regulations.


Official website here: www.belmontarthurldc.com

Who is the CEO of 440 East 182nd Street Hdfcinc?

Consolato Cicciu is the President of 440 East 182nd Street Hdfcinc.


Official website here: www.belmontarthurldc.com

What is the revenue of 440 East 182nd Street Hdfcinc?

440 East 182nd Street Hdfcinc's revenue in 2022 was $457,147.


Official website here: www.belmontarthurldc.com

Who are the executives of 440 East 182nd Street Hdfcinc and what are their salaries?

Here are 3 key members and their salaries:

    Paul Fracassi (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecilia Ferro (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Consolato Cicciu (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.belmontarthurldc.com

    Where can I find the form 990 for 440 East 182nd Street Hdfcinc?

    The 440 East 182nd Street Hdfcinc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.belmontarthurldc.com

    Learn more at the official website: www.belmontarthurldc.com

    Mission Statement of 440 East 182nd Street Hdfcinc

    440 East 182nd Street Hdfcinc, as a nonprofit organization, is dedicated to offering housing opportunities for individuals and families with modest to moderate incomes. This mission is carried out by providing suitable rental accommodations that cater to this income bracket, generating income primarily from these rentals. The organization's operations encompass administrative fees, utilities, repairs, maintenance, and the payment of taxes and insurance, all necessary expenses to ensure the property is efficiently maintained and complies with regulations. In essence, 440 East 182nd Street Hdfcinc serves as a beacon of affordable housing, contributing to the community by providing a residence that is financially accessible to a broad segment of the population.

    Impact

    This information is meant to be a general summary of 440 East 182nd Street Hdfcinc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    440 East 182nd Street Hdfcinc's impact is in providing low to moderate-income housing opportunities for the community in Bronx, NY. This nonprofit generates revenues primarily through low to moderate-income family subsidized rentals in the property. The rental income is used to cover administrative fees, utilities, repair and maintenance costs, as well as tax and insurance expenses necessary to efficiently operate the premises. By offering affordable housing options, 440 East 182nd Street Hdfcinc contributes to addressing the housing needs of the community and supporting individuals and families in securing a decent place to live.





    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: $3,298
  • Program Service Revenue: $453,849
  • Gross Receipts: $457,147

    • Assets and Liabilities:
  • Total Assets: $1,419,657
  • Total Liabilities: $83,425
  • Net Assets: $1,336,232
  • Programs

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

    GROSS POTENTIAL RENT

    Revenue

    $486,527

    OTHER RENTAL INCOME

    Revenue

    $1,399

    VACANCIES

    Revenue

    $-34,077

    Organization Details

    Founding Year

    1995

    Principal Officer

    Consolato Cicciu

    Main Address

    660 EAST 183RD STREET, BRONX, NY, 10458

    NTEE Category

    Code: L20 - Housing

    If you are a representative of 440 East 182nd Street Hdfcinc 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.