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1329 College Avenue Hdfcinc

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

EIN: 133858077 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is 1329 College Avenue Hdfcinc?

1329 College Avenue Hdfcinc is a nonprofit organization situated in the Bronx, New York, primarily focused on providing affordable housing opportunities for low-income and moderate-income families. The organization generates revenue through the rental income derived from these housing units. The associated expenses cover essential operational costs such as administrative fees, utilities, repairs, maintenance, taxes, and insurance, ensuring the property is efficiently managed and complies with regulations. The organization's mission is dedicated to contributing positively to the community by offering suitable housing options for families with limited financial means.


Official website here: www.belmontarthurldc.com

Is 1329 College Avenue Hdfcinc legitimate?

1329 College Avenue Hdfcinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1329 College Avenue 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 1329 College Avenue Hdfcinc?

1329 College Avenue Hdfcinc is dedicated to providing affordable housing opportunities for individuals and families with moderate income levels within the community. Through low-income family subsidized rentals, they generate revenue to maintain and operate their properties efficiently, while adhering to regulations. Their primary focus is on offering housing opportunities, ensuring that a diverse range of individuals have access to a place they can call home.


Official website here: www.belmontarthurldc.com

Who is the CEO of 1329 College Avenue Hdfcinc?

Consolato Cicciu is the President of 1329 College Avenue Hdfcinc.


Official website here: www.belmontarthurldc.com

What is the revenue of 1329 College Avenue Hdfcinc?

1329 College Avenue Hdfcinc's revenue in 2022 was $547,606.


Official website here: www.belmontarthurldc.com

Who are the executives of 1329 College Avenue Hdfcinc and what are their salaries?

Here are 3 key members and their salaries:

    Paul Faracassi (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 1329 College Avenue Hdfcinc?

    The 1329 College Avenue 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 1329 College Avenue Hdfcinc

    1329 College Avenue Hdfcinc is an organization committed to providing low-income to moderate-income housing opportunities for the community. Its mission is to create a housing landscape that accommodates individuals and families who fall within these income brackets, thereby contributing to a more inclusive and equitable community. The organization generates revenue primarily through low-to-moderate income family-subsidized rental units occupying its properties. The associated expenses cover essential components such as administrative fees, utilities, repairs and maintenance, taxes, and insurance, ensuring the property is efficiently operated and complies with regulations.

    Impact

    This information is meant to be a general summary of 1329 College Avenue Hdfcinc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    1329 College Avenue Hdfcinc's impact is in providing low to moderate income housing opportunities for the community in Bronx, NY. Through its subsidized rentals, the organization helps families with limited financial resources access affordable housing. This contributes to addressing the ongoing issue of affordable housing in the area and supports the community members in securing stable and safe living arrangements.





    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: $5,486
  • Program Service Revenue: $542,120
  • Gross Receipts: $547,606

    • Assets and Liabilities:
  • Total Assets: $1,785,094
  • Total Liabilities: $78,938
  • Net Assets: $1,706,156
  • Programs

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

    GROSS POTENTIAL RENT

    Revenue

    $558,071

    OTHER RENTAL INCOME

    Revenue

    $1,000

    VACANCIES

    Revenue

    $-16,951

    Organization Details

    Founding Year

    1996

    Principal Officer

    Consolato Cicciu

    Main Address

    660 EAST 183RD STREET, BRONX, NY, 10458

    NTEE Category

    Code: L22 - Housing

    If you are a representative of 1329 College Avenue 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.