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Reclaim Housing Development Fund Corporation

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

EIN: 272047238 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Reclaim Housing Development Fund Corporation?

Reclaim Housing Development Fund Corporation is a nonprofit organization situated in Bronx, New York, specifically at 2751 Grand Concourse, ZIP code 10468. Their primary focus is on the preservation and enhancement of housing, serving the local community in Bronx with affordability in mind. They manage ten buildings, providing homes to a total of 273 low and moderate-income tenants. Additionally, ten commercial units are part of their properties. Their mission is deeply rooted in the Bronx community, working tirelessly to enhance the living conditions and improve the overall quality of housing within the area.


Is Reclaim Housing Development Fund Corporation legitimate?

Reclaim Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reclaim 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: $249,682

For more financial information, click here


What is the mission statement of Reclaim Housing Development Fund Corporation?
Who is the CEO of Reclaim Housing Development Fund Corporation?
What is the revenue of Reclaim Housing Development Fund Corporation?
Who are the executives of Reclaim Housing Development Fund Corporation and what are their salaries?
Where can I find the form 990 for Reclaim Housing Development Fund Corporation?

Mission Statement of Reclaim Housing Development Fund Corporation

Reclaim Housing Development Fund Corporation is dedicated to the preservation and improvement of housing in Bronx, New York. This nonprofit organization manages ten buildings, housing a total of 273 apartments designed for individuals and families with low to moderate incomes. Beyond providing residential units, Reclaim Housing Development Fund Corporation also oversees ten commercial units, contributing to the local community's economic vitality. By focusing on the preservation and improvement of housing, this organization plays a significant role in ensuring that a diverse range of residents in Bronx have access to safe and affordable living spaces.

Impact

This information is meant to be a general summary of Reclaim 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

Reclaim Housing Development Fund Corporation's impact is evident in the preservation and improvement of housing in the Bronx, NY. The organization operates 10 buildings containing 273 apartment units for low and moderate-income tenants, as well as 10 commercial units. Through its activities, Reclaim Housing Development Fund Corporation plays a crucial role in providing affordable and stable housing options for individuals and families in need within the Bronx 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: $36,982
  • Program Service Revenue: $3,506,025
  • Gross Receipts: $3,543,007

    • Assets and Liabilities:
  • Total Assets: $16,849,443
  • Total Liabilities: $13,281,885
  • Net Assets: $3,567,558
  • Programs

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

    RENTAL INCOME

    Revenue

    $2,574,268

    RENTAL INCOME - SECTION 8

    Revenue

    $437,815

    RENTAL INCOME - COMMERCIAL

    Revenue

    $493,806

    RENTAL INCOME - OTHER

    Revenue

    $136

    Organization Details

    Founding Year

    2010

    Principal Officer

    Jumelia Abrahamson

    Main Address

    2751 Grand Concourse, Bronx, NY, 10468

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Reclaim 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.