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Highbridge Community Development Corp

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

EIN: 133860487 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Highbridge Community Development Corp?

Highbridge Community Development Corp (HCDC) is a nonprofit organization situated in the Bronx, New York, at 1465 Nelson Avenue STE A. Their primary mission is to develop, manage, and operate over 2,500 units of affordable housing in various neighborhoods within the Bronx. HCDC specializes in multiple services, including real estate management and development, property management, and community development. Their goal is to collaborate with residents, businesses, and religious organizations to make the Bronx an appealing place to live and work by providing affordable, well-designed, secure, and professionally managed housing. Furthermore, HCDC offers tenant services for the residents of the Highbridge section, with the aim of enhancing the neighborhood as a whole.


Official website here: www.highbridgecdc.com/

Is Highbridge Community Development Corp legitimate?

Highbridge Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highbridge Community Development Corp 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: $431,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,034,025

For more financial information, click here


Official website here: www.highbridgecdc.com/

What is the mission statement of Highbridge Community Development Corp?

Highbridge Community Development Corp's mission is centered around improving the community by focusing on the development and management of affordable housing. They extend their services to the residents of the Highbridge section, aiming to enhance the neighborhood. The organization is actively involved in real estate management and development, property management, and community development. Committed to working with various entities within the community, such as residents, businesses, and religious organizations, Highbridge Community Development Corp strives to create a desirable living and working environment by providing well-designed, secure, and professionally managed housing that is affordable for its inhabitants.


Official website here: www.highbridgecdc.com/

Who is the CEO of Highbridge Community Development Corp?

Kobina Arhin is the President of Highbridge Community Development Corp. The CEO's salary of Highbridge Community Development Corp is $292,398 and their total compensation is $316,608.


Official website here: www.highbridgecdc.com/

What is the revenue of Highbridge Community Development Corp?

Highbridge Community Development Corp's revenue in 2022 was $3,118,334.


Official website here: www.highbridgecdc.com/

Who are the executives of Highbridge Community Development Corp and what are their salaries?

The average compensation at Highbridge Community Development Corp during 2022 was $58,745. There are 59 employees at Highbridge Community Development Corp.

Here are 10 key members and their salaries (Highbridge Community Development Corp's CEO's salary is $292,398 and their total compensation is $316,608):

    Kobina Arhin (Svp/Ceo)
  • Compensation: $292,398
  • Related: $0
  • Other: $24,210

    • Bram Hillegers (Vp Development)
  • Compensation: $175,000
  • Related: $0
  • Other: $5,587

    • Martin Rivera (Maintenance Dir.)
  • Compensation: $120,269
  • Related: $0
  • Other: $34,919

    • Jhonathan Echavarria (It Director)
  • Compensation: $115,211
  • Related: $0
  • Other: $34,400

    • Simone Brisco (Controller)
  • Compensation: $110,000
  • Related: $0
  • Other: $5,306

    • Msgr Donald Sakano (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Mark Cregan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Franco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth P Browne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Singleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.highbridgecdc.com/

    Where can I find the form 990 for Highbridge Community Development Corp?

    The Highbridge Community Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.highbridgecdc.com/

    Learn more at the official website: www.highbridgecdc.com/

    Mission Statement of Highbridge Community Development Corp

    Highbridge Community Development Corp (HCDC) is dedicated to improving the neighborhood in the Bronx by aiding in the development and management of affordable housing. This mission extends beyond just housing, as HCDC also provides tenant services to the residents of the Highbridge section. The organization's ultimate goal is to elevate the community as a whole.

    HCDC has successfully developed, managed, and operated over 2,500 moderate and low-income units across various neighborhoods in the Bronx. Their services are diverse and include real estate management and development, property management, and community development. By working collaboratively with residents, businesses, and religious organizations, HCDC strives to make the Bronx an attractive place to live and work. They achieve this by providing housing that is not only affordable but also well-designed, secure, and professionally managed.

    Impact

    This information is meant to be a general summary of Highbridge Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Highbridge Community Development Corp's impact can be seen in the improvement of the Highbridge section in the Bronx through the development and management of affordable housing. With over 2,500 moderate and low-income units under its management, HCDC plays a significant role in providing housing that is affordable, well-designed, secure, and professionally managed. By specializing in real estate management and development, property management, and community development, HCDC works collaboratively with residents, businesses, and religious organizations to make the Bronx a great place to live and work. Through its commitment to enhancing the neighborhood and providing essential tenant services, HCDC is contributing to the overall improvement of the community and creating a positive living environment for its residents.





    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: $240
  • Program Service Revenue: $2,949,311
  • Gross Receipts: $3,118,334

    • Assets and Liabilities:
  • Total Assets: $14,007,927
  • Total Liabilities: $529,127
  • Net Assets: $13,478,800
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $2,411,315

    ADMIN FEES - AFFILIATE

    Revenue

    $537,996

    Organization Details

    Founding Year

    1995

    Principal Officer

    Kobina Arhin

    Main Address

    1465 NELSON AVENUE STE A, BRONX, NY, 10452

    NTEE Category

    Code: S20 - Community improvement

    If you are a representative of Highbridge Community Development Corp 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.