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Newset Ii Hdfc

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

EIN: 134101214 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Newset Ii Hdfc?

Newset II HDFC is a nonprofit organization situated in New York City, specifically at 247 W 37th Street, 4th Floor, New York, NY 10018. Their primary mission is to offer and manage 128 affordable housing units for eligible low-income families residing in the Bronx, New York. Their core activity revolves around providing affordable residential living spaces, aiming to contribute positively to the local community by offering affordable housing solutions.


Official website here: www.settlementhousingfund.org

Is Newset Ii Hdfc legitimate?

Newset Ii Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newset Ii Hdfc 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.settlementhousingfund.org

What is the mission statement of Newset Ii Hdfc?

Newset II Hdfc is committed to providing affordable residential housing for qualifying low-income families. Their mission is to operate and manage affordable housing units, specifically offering 128 apartments in the Bronx, New York. This organization aims to contribute to the housing needs of those in financial hardship, ensuring they have access to safe and affordable living spaces.


Official website here: www.settlementhousingfund.org

Who is the CEO of Newset Ii Hdfc?

Alexa Sewell is the President of Newset Ii Hdfc.


Official website here: www.settlementhousingfund.org

What is the revenue of Newset Ii Hdfc?

Newset Ii Hdfc's revenue in 2022 was $1,661,603.


Official website here: www.settlementhousingfund.org

Who are the executives of Newset Ii Hdfc and what are their salaries?

Here are 3 key members and their salaries:

    Alexa Sewell (President) [Trustee/Director]
  • Compensation: $0
  • Related: $286,870
  • Other: $37,820

    • Jacqueline Tom (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $167,946
  • Other: $14,671

    • Fazeela Siddiqui (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $124,221
  • Other: $38,578


  • Official website here: www.settlementhousingfund.org

    Where can I find the form 990 for Newset Ii Hdfc?

    The Newset Ii Hdfc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.settlementhousingfund.org

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

    Mission Statement of Newset Ii Hdfc

    Newset II HDFC, a nonprofit organization, is dedicated to providing affordable residential housing solutions for eligible low-income families. The organization's primary mission is to make a significant impact in the lives of these families by offering them comfortable living spaces in the Bronx, New York. By operating and managing 128 affordable housing apartment units, Newset II HDFC plays a crucial role in addressing the housing needs of these families, ensuring they have a secure and affordable place to call home. This nonprofit organization's commitment to providing affordable housing is a testament to its dedication to fostering a sense of community and stability for those in need.

    Impact

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




    Thursday, August 15, 2024

    Newset II HDFC's impact is significant in providing affordable residential housing to qualifying low-income families in the Bronx, New York. The organization operates and manages 128 affordable housing apartment units, which serve as a vital resource for those in need of affordable housing in the city. By offering these housing options, Newset II HDFC plays a crucial role in addressing the housing challenges faced by low-income families in the Bronx, ultimately improving their quality of life and contributing to the community's well-being.





    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: $9,676
  • Program Service Revenue: $1,547,185
  • Gross Receipts: $1,661,603

    • Assets and Liabilities:
  • Total Assets: $5,069,728
  • Total Liabilities: $8,004,776
  • Net Assets: -$2,935,048
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,547,185

    Organization Details

    Founding Year

    1999

    Principal Officer

    Alexa Sewell

    Main Address

    247 W 37TH STREET 4TH FL, NEW YORK, NY, 10018

    NTEE Category

    Code: L21 - Housing

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