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Filomena Gardens Housing Development Fund Company Inc

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

EIN: 133975116 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Filomena Gardens Housing Development Fund Company Inc?

Filomena Gardens Housing Development Fund Company Inc, situated in the Bronx, New York, is a nonprofit organization dedicated to providing housing for the elderly and handicapped. It operates under Section 202 of the Federal Housing Act, aiming to make affordable housing available for this specific demographic. The company's mission is deeply rooted in the South Bronx area of New York City, employing a workforce of four individuals to ensure the successful execution of their objectives.


Official website here: www.sebcodevelopment.org

Is Filomena Gardens Housing Development Fund Company Inc legitimate?

Filomena Gardens Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Filomena Gardens Housing Development Fund Company 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: $123,107

For more financial information, click here


Official website here: www.sebcodevelopment.org

What is the mission statement of Filomena Gardens Housing Development Fund Company Inc?

Filomena Gardens Housing Development Fund Company Inc's primary goal is to provide affordable housing for the elderly and individuals with disabilities. This is achieved under Section 202 of the Federal Housing Act of 1959. The company's mission is to create a living environment that caters specifically to this demographic, ensuring their needs are met with dignity and respect. By providing housing, Filomena Gardens aims to contribute positively to the well-being and independence of these individuals, enhancing their quality of life.


Official website here: www.sebcodevelopment.org

Who is the CEO of Filomena Gardens Housing Development Fund Company Inc?

Salvatore Gigante is the Chair of Filomena Gardens Housing Development Fund Company Inc.


Official website here: www.sebcodevelopment.org

What is the revenue of Filomena Gardens Housing Development Fund Company Inc?

Filomena Gardens Housing Development Fund Company Inc's revenue in 2022 was $812,756.


Official website here: www.sebcodevelopment.org

Who are the executives of Filomena Gardens Housing Development Fund Company Inc and what are their salaries?

The average compensation at Filomena Gardens Housing Development Fund Company Inc during 2022 was $30,777. There are 4 employees at Filomena Gardens Housing Development Fund Company Inc.

Here are 4 key members and their salaries:

    Salvatore Gigante (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $216,439
  • Other: $0

    • Sonal Shah (Controller)
  • Compensation: $0
  • Related: $133,882
  • Other: $0

    • Enrico Boccia (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $800
  • Other: $0

    • Carmen Reyes (Treasurer/Se) [Trustee/Director]
  • Compensation: $0
  • Related: $800
  • Other: $0


  • Official website here: www.sebcodevelopment.org

    Where can I find the form 990 for Filomena Gardens Housing Development Fund Company Inc?

    The Filomena Gardens Housing Development Fund Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.sebcodevelopment.org

    Learn more at the official website: www.sebcodevelopment.org

    Mission Statement of Filomena Gardens Housing Development Fund Company Inc

    Filomena Gardens Housing Development Fund Company Inc, as a nonprofit organization, is committed to providing affordable housing for the elderly and individuals with disabilities. In line with Section 202 of the Federal Housing Act of 1959, this organization strives to create a living space that caters to the unique needs of this specific group of individuals. By doing so, Filomena Gardens Housing Development Fund Company Inc aims to make a meaningful impact on their lives, ensuring they have a comfortable and suitable living environment. This mission is a crucial step towards promoting independence and dignity for these individuals, enabling them to live their lives with dignity and respect.

    Impact

    This information is meant to be a general summary of Filomena Gardens Housing Development Fund Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Filomena Gardens Housing Development Fund Company Inc's impact is profound in the South Bronx area of New York City, where it provides essential housing for the elderly and handicapped under Section 202 of the Federal Housing Act. By offering affordable and accessible housing options tailored to the needs of these vulnerable populations, Filomena Gardens contributes to improving the quality of life for its residents. The organization's mission is focused on addressing housing challenges faced by the elderly and handicapped, ensuring they have a safe and supportive living environment. Through its dedicated efforts, Filomena Gardens plays a crucial role in promoting social equity and enhancing the well-being of individuals in the community.





    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: $4,056
  • Program Service Revenue: $808,700
  • Gross Receipts: $812,756

    • Assets and Liabilities:
  • Total Assets: $4,302,292
  • Total Liabilities: $8,373,713
  • Net Assets: -$4,071,421
  • Programs

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

    RENTAL INCOME

    Revenue

    $808,700

    Organization Details

    Founding Year

    1997

    Principal Officer

    Salvatore Gigante

    Main Address

    429 BRUCKNER BLVD2ND FLOOR, BRONX, NY, 10455

    NTEE Category

    Code: P80 - Human services

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