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163 West 170th Street Hdfc Inc

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

EIN: 133864833 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is 163 West 170th Street Hdfc Inc?

163 West 170th Street Hdfc Inc is a nonprofit organization situated in the Bronx, New York, specifically at 660 East 183rd Street. Their primary mission is to provide affordable housing opportunities for low-income and moderate-income families within the community. To achieve this, they manage a property that generates revenue primarily through rental income from its occupants. The associated expenses cover essential components such as administrative fees, utilities, repairs, maintenance, taxes, and insurance, ensuring the property is efficiently operated and complies with regulations.


Official website here: www.belmontarthur.com

Is 163 West 170th Street Hdfc Inc legitimate?

163 West 170th Street Hdfc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 163 West 170th Street 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


Official website here: www.belmontarthur.com

What is the mission statement of 163 West 170th Street Hdfc Inc?

163 West 170th Street Hdfc Inc's mission is centered around providing affordable housing opportunities for individuals with moderate to low income. This organization aims to serve the community by offering housing solutions that are within their financial reach. The revenue for the organization primarily comes from the rental income generated from these affordable housing units. The associated expenses include administrative fees, utilities, repairs and maintenance, as well as taxes and insurance, all necessary to efficiently operate the premises and comply with regulations.


Official website here: www.belmontarthur.com

Who is the CEO of 163 West 170th Street Hdfc Inc?

Consolato Cicciu is the President of 163 West 170th Street Hdfc Inc.


Official website here: www.belmontarthur.com

What is the revenue of 163 West 170th Street Hdfc Inc?

163 West 170th Street Hdfc Inc's revenue in 2022 was $557,387.


Official website here: www.belmontarthur.com

Who are the executives of 163 West 170th Street Hdfc Inc 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.belmontarthur.com

    Where can I find the form 990 for 163 West 170th Street Hdfc Inc?

    The 163 West 170th Street Hdfc Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.belmontarthur.com

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

    Mission Statement of 163 West 170th Street Hdfc Inc

    163 West 170th Street HDFC Inc is dedicated to providing affordable housing opportunities for individuals and families within the low to moderate income bracket. Their primary mission is to make housing accessible to this segment of the community, generating revenue through family-subsidized rentals that occupy the property. The organization's operations encompass various necessary expenses, such as administrative fees, utilities, repairs and maintenance, tax, and insurance expenses, all essential components to efficiently manage the premises and adhere to regulations. In essence, 163 West 170th Street HDFC Inc serves as a vital resource for individuals and families seeking affordable housing options, contributing to a more equitable and inclusive community.

    Impact

    This information is meant to be a general summary of 163 West 170th Street Hdfc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    163 West 170th Street Hdfc Inc's impact lies in providing essential low to moderate income housing opportunities for the community in Bronx, NY. Through their efforts, individuals and families in need are able to access safe and affordable housing options, contributing to overall community well-being and stability. This nonprofit organization plays a vital role in addressing the housing challenges faced by many low-income individuals, making a tangible difference in the lives of those they serve.





    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: $4,900
  • Program Service Revenue: $552,487
  • Gross Receipts: $557,387

    • Assets and Liabilities:
  • Total Assets: $2,634,512
  • Total Liabilities: $123,344
  • Net Assets: $2,511,168
  • Programs

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

    GROSS POTENTIAL RENT

    Revenue

    $569,564

    SUPER RENT FREE UNIT

    Revenue

    $15,819

    VACANCIES

    Revenue

    $-32,896

    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 163 West 170th Street Hdfc Inc 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.