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New Fordham Hdfc Inc

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

EIN: 133839101 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is New Fordham Hdfc Inc?

New Fordham Hdfc Inc is a nonprofit organization situated in the Bronx, New York. Its primary mission is to provide affordable housing options for families with low and very-low incomes. The organization operates seven buildings, housing a total of 136 residential apartments, all located in the Bronx. By offering these homes, New Fordham Hdfc Inc aims to contribute positively to the local community, ensuring that families in need have a secure place to live.


Is New Fordham Hdfc Inc legitimate?

New Fordham Hdfc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Fordham Hdfc 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


What is the mission statement of New Fordham Hdfc Inc?
Who is the CEO of New Fordham Hdfc Inc?
What is the revenue of New Fordham Hdfc Inc?
Who are the executives of New Fordham Hdfc Inc and what are their salaries?
Where can I find the form 990 for New Fordham Hdfc Inc?

Mission Statement of New Fordham Hdfc Inc

New Fordham HDFC Inc, as the information suggests, is dedicated to providing affordable housing solutions for families with low and very low incomes. This nonprofit organization operates seven buildings, housing a total of 136 residential apartments. By doing so, New Fordham HDFC Inc plays a significant role in addressing the housing needs of these economically disadvantaged families, thereby contributing to their overall well-being and stability.

Impact

This information is meant to be a general summary of New Fordham Hdfc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

New Fordham Hdfc Inc's impact lies in providing affordable rental housing to low and very low-income families in the Bronx, New York. By operating seven buildings containing 136 residential apartments, the organization serves as a vital resource for families facing housing insecurity. This initiative plays a crucial role in addressing the pressing issue of affordable housing in the community, offering a stable and secure living environment for those in need. Additionally, the organization's presence contributes to the overall well-being of the neighborhood by providing a supportive community for residents, potentially lowering crime rates through the promotion of stable housing environments.





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: $0
  • Program Service Revenue: $1,651,138
  • Gross Receipts: $1,651,138

    • Assets and Liabilities:
  • Total Assets: $3,307,328
  • Total Liabilities: $656,207
  • Net Assets: $2,651,121
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,651,138

    Organization Details

    Founding Year

    1995

    Principal Officer

    Heng Ly

    Main Address

    2751 GRAND CONCOURSE, BRONX, NY, 104683001

    NTEE Category

    Code: I20 - Crime

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