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Reclaim Round Ii Housing Development Fund Corporation

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

EIN: 274869299 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Reclaim Round Ii Housing Development Fund Corporation?

Reclaim Round II Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York, specifically at 2751 Grand Concourse, 10468. Their primary mission revolves around preserving and enhancing housing in the Bronx area. They manage four buildings, providing 161 apartment units for low- and moderate-income tenants, in addition to four community-rental spaces. Their commitment is to improving the housing situation in the Bronx, providing essential living spaces for those in need.


Is Reclaim Round Ii Housing Development Fund Corporation legitimate?

Reclaim Round Ii Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reclaim Round Ii 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: $143,452

For more financial information, click here


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

Mission Statement of Reclaim Round Ii Housing Development Fund Corporation

Reclaim Round II Housing Development Fund Corporation is dedicated to the preservation and enhancement of housing in the Bronx, New York. This nonprofit organization manages four buildings, providing a total of 161 apartment units for tenants with low-to-moderate incomes. Beyond housing, Reclaim Round II also offers four community-rental spaces.

In essence, the mission of Reclaim Round II Housing Development Fund Corporation revolves around upkeeping and enhancing the quality of housing for individuals with limited financial means. By managing these buildings and spaces, the organization contributes to the overall well-being of the community, ensuring that residents have safe and comfortable living environments. The corporation's activities extend beyond mere property management, as it also provides amenities and facilities that cater to the needs of its tenants, contributing to their overall quality of life.

Impact

This information is meant to be a general summary of Reclaim Round Ii 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 Round II Housing Development Fund Corporation's impact lies in the preservation and improvement of housing in the Bronx, NY. The organization operates four buildings containing 161 apartment units for low- and moderate-income tenants, as well as four community-rental spaces. Through its mission of preserving and improving housing in the Bronx, Reclaim Round II Housing Development Fund Corporation directly contributes to providing affordable and quality housing options for individuals and families in need within 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: $144,820
  • Program Service Revenue: $1,933,598
  • Gross Receipts: $2,078,418

    • Assets and Liabilities:
  • Total Assets: $14,212,266
  • Total Liabilities: $16,072,292
  • Net Assets: -$1,860,026
  • Programs

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

    RENTAL INCOME - TENANT

    Revenue

    $1,449,123

    RENTAL SUBSIDIARY - SECTION 8

    Revenue

    $484,475

    Organization Details

    Founding Year

    2011

    Principal Officer

    Joseph P Muriana

    Main Address

    2751 Grand Concourse, Bronx, NY, 10468

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Reclaim Round Ii 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.