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Breaking Ground Iv Housing Development Fund Corporation

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

EIN: 134196931 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Breaking Ground Iv Housing Development Fund Corporation?

Breaking Ground Iv Housing Development Fund Corporation is a dedicated nonprofit organization based in New York. Their primary objective is to empower individuals, families, and communities by constructing and maintaining high-quality supportive and affordable housing for homeless and vulnerable residents. To achieve this mission, they operate projects like the Andrews Housing Project, which provides shelter and assistance to homeless adults with low income. Their work extends beyond housing, as they also offer programs tailored to the unique needs of these communities.


Official website here: www.breakingground.org

Is Breaking Ground Iv Housing Development Fund Corporation legitimate?

Breaking Ground Iv Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Breaking Ground Iv Housing Development Fund Corporation 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: $2,094,284

For more financial information, click here


Official website here: www.breakingground.org

What is the mission statement of Breaking Ground Iv Housing Development Fund Corporation?

Breaking Ground IV Housing Development Fund Corporation's mission is centered around enhancing individuals, families, and communities by providing exceptional supportive and affordable housing along with programs for homeless and other vulnerable populations in New York. Their primary goal is to empower these individuals and families, working tirelessly to strengthen their living situations and improve their overall well-being. Specifically, they focus on operating the Andrews Housing Project, which is designed to benefit homeless and low-income adults.


Official website here: www.breakingground.org

Who is the CEO of Breaking Ground Iv Housing Development Fund Corporation?

Brenda Rosen is the Principal Officer of Breaking Ground Iv Housing Development Fund Corporation. The CEO's salary of Breaking Ground Iv Housing Development Fund Corporation is $0 and their total compensation is $600,372.


Official website here: www.breakingground.org

What is the revenue of Breaking Ground Iv Housing Development Fund Corporation?

Breaking Ground Iv Housing Development Fund Corporation's revenue in 2022 was $5,156,679.


Official website here: www.breakingground.org

Who are the executives of Breaking Ground Iv Housing Development Fund Corporation and what are their salaries?

Here are 6 key members and their salaries (Breaking Ground Iv Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $600,372):

    Brenda E Rosen (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $587,598
  • Other: $12,774

    • Kevin Moran (Cfo)
  • Compensation: $0
  • Related: $338,301
  • Other: $43,787

    • David Beer (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $306,168
  • Other: $43,943

    • Toby Sherman (Director)
  • Compensation: $0
  • Related: $256,279
  • Other: $19,123

    • Benjamin Stacks (Chairman & Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicholas Tsang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.breakingground.org

    Where can I find the form 990 for Breaking Ground Iv Housing Development Fund Corporation?

    The Breaking Ground Iv Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.breakingground.org

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

    Mission Statement of Breaking Ground Iv Housing Development Fund Corporation

    Breaking Ground IV Housing Development Fund Corporation is committed to enhancing the lives of individuals and families, as well as entire communities, by creating and maintaining top-notch supportive and affordable housing options. This nonprofit organization aims to cater to the needs of homeless individuals and other vulnerable New Yorkers. In essence, Breaking Ground IV's mission is to empower and strengthen these groups, offering them a pathway towards a more stable and secure living situation.

    Impact

    This information is meant to be a general summary of Breaking Ground Iv Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Breaking Ground IV Housing Development Fund Corporation's impact lies in its dedication to providing supportive and affordable housing for homeless and low-income adults in New York City. By operating the Andrews Housing Project, this organization effectively helps individuals and families in need by offering a stable living environment and access to necessary resources. Through their mission to strengthen communities by providing housing and programs for vulnerable New Yorkers, Breaking Ground IV makes a tangible difference in the lives of those facing homelessness and financial hardship. Their work contributes to the overall well-being and stability of individuals and families, helping build a stronger, more resilient 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: $0
  • Program Service Revenue: $5,156,624
  • Gross Receipts: $5,156,679

    • Assets and Liabilities:
  • Total Assets: $13,051,730
  • Total Liabilities: $21,049,072
  • Net Assets: -$7,997,342
  • Programs

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

    LOW-INCOME HOUSING RENTAL INCOME

    Revenue

    $5,070,561

    TENANT HOUSING (GOV'T CONTRACTS)

    Revenue

    $86,063

    Organization Details

    Founding Year

    2001

    Principal Officer

    Brenda Rosen

    Main Address

    505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018

    NTEE Category

    Code: L41 - Housing

    If you are a representative of Breaking Ground Iv Housing Development Fund Corporation 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.