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Weeks Avenue Hdfc Corp

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

EIN: 133998962 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Weeks Avenue Hdfc Corp?

Weeks Avenue Hdfc Corp is a nonprofit organization situated in Bronx, New York (NY 10458). Its primary mission is to offer affordable housing opportunities to low-income and moderate-income families in the community. The organization generates revenue mainly through rental income derived from these families residing in the property. The associated expenses include administrative fees, utilities, maintenance, repairs, taxes, and insurance—all essential components to efficiently manage the premises and adhere to regulations.


Official website here: www.belmontarthurldc.com

Is Weeks Avenue Hdfc Corp legitimate?

Weeks Avenue Hdfc Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Weeks Avenue Hdfc 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: $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 Weeks Avenue Hdfc Corp?

Weeks Avenue HdfC Corp is committed to providing housing opportunities for individuals and families with low to moderate income. Their mission is to make these housing options widely available within the community. The organization generates revenue primarily through subsidized rentals occupied by these income groups. The associated expenses include administrative fees, utilities, maintenance, repairs, taxes, and insurance, all necessary to efficiently operate the premises and comply with regulations. In essence, Weeks Avenue HdfC Corp is dedicated to offering affordable housing solutions and managing them efficiently.


Official website here: www.belmontarthurldc.com

Who is the CEO of Weeks Avenue Hdfc Corp?

Consolato Cicciu is the President of Weeks Avenue Hdfc Corp.


Official website here: www.belmontarthurldc.com

What is the revenue of Weeks Avenue Hdfc Corp?

Weeks Avenue Hdfc Corp's revenue in 2022 was $790,420.


Official website here: www.belmontarthurldc.com

Who are the executives of Weeks Avenue Hdfc Corp 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.belmontarthurldc.com

    Where can I find the form 990 for Weeks Avenue Hdfc Corp?

    The Weeks Avenue Hdfc Corp’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 Weeks Avenue Hdfc Corp

    Weeks Avenue HDFC Corp, as a nonprofit organization, is dedicated to providing affordable housing opportunities for individuals and families with low to moderate incomes. Their primary mission is to create a community where such individuals can reside, contributing to the overall well-being and stability of the area. The organization generates revenue through rental income derived from families who fall under the specified income bracket, occupying the properties under subsidized rental agreements. The associated expenses cover various necessary components, including administrative fees, utilities, repairs and maintenance, taxes, and insurance. These expenses ensure the efficient operation of the premises, adhering to regulations while maintaining a comfortable living environment for the residents.

    Impact

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




    Thursday, August 15, 2024

    Weeks Avenue Hdfc Corp provides critical housing opportunities for low to moderate-income individuals and families in the Bronx, NY. Through subsidized rentals, this organization ensures that those in need have access to affordable housing options. By generating rental income from these properties, Weeks Avenue Hdfc Corp is able to cover expenses such as administrative fees, utilities, maintenance, and insurance, allowing them to continue their mission of providing housing solutions for the community. Their impact is seen in the tangible support they offer to individuals and families who might otherwise struggle to find affordable housing options.





    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: $161
  • Program Service Revenue: $790,259
  • Gross Receipts: $790,420

    • Assets and Liabilities:
  • Total Assets: $2,094,207
  • Total Liabilities: $575,575
  • Net Assets: $1,518,632
  • Programs

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

    GROSS POTENTIAL RENT

    Revenue

    $786,062

    SUPER RENT FREE UNIT

    Revenue

    $26,127

    OTHER RENTAL INCOME

    Revenue

    $1,012

    VACANCIES

    Revenue

    $-22,942

    Organization Details

    Founding Year

    1998

    Principal Officer

    Consolato Cicciu

    Main Address

    660 EAST 183RD STREET, BRONX, NY, 10458

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Weeks Avenue Hdfc 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.