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Oub Court Housing Company Inc

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

EIN: 453932032 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Oub Court Housing Company Inc?

Oub Court Housing Company Inc is a nonprofit organization situated in New York State, specifically in Bronx, NY. Their primary mission is to make housing affordable for moderate and middle-income families through the Mitchell-Lama program, a state initiative. They achieve this by developing and maintaining a housing project comprising 361 units. Their project offers both renting and cooperative ownership options, ensuring that a wide range of families can benefit from their services.


Is Oub Court Housing Company Inc legitimate?

Oub Court Housing Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oub Court Housing Company Inc 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


What is the mission statement of Oub Court Housing Company Inc?
Who is the CEO of Oub Court Housing Company Inc?
What is the revenue of Oub Court Housing Company Inc?
Who are the executives of Oub Court Housing Company Inc and what are their salaries?
Where can I find the form 990 for Oub Court Housing Company Inc?

Mission Statement of Oub Court Housing Company Inc

Oub Court Housing Company Inc is committed to an essential mission: to create and preserve a housing project that makes renting and cooperative ownership feasible for moderate and middle-income families in New York State, under the auspices of the State's Mitchell-Lama program. The organization's objective is to make housing more accessible to families who fall within this income bracket, thereby contributing to their overall well-being. Oub Court Housing Company Inc carries out this mission by developing and maintaining a housing project with 361 units, situated in Bronx, NY. The project aims to provide affordable housing options, thereby enabling these families to establish a stable living environment.

Impact

This information is meant to be a general summary of Oub Court Housing Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Oub Court Housing Company Inc's impact is evident in its commitment to providing affordable housing options for moderate and middle-income families in New York State. By developing and maintaining a housing project under the State's Mitchell-Lama program, the company offers a vital resource for families seeking accessible rental and cooperative ownership opportunities. With a housing project comprising 361 units in Bronx, NY, Oub Court Housing Company Inc plays a crucial role in addressing the housing needs of the community and supporting the financial stability and well-being of its residents.





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: $7,350,589
  • Gross Receipts: $8,421,675

    • Assets and Liabilities:
  • Total Assets: $15,676,453
  • Total Liabilities: $23,800,553
  • Net Assets: -$8,124,100
  • Programs

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

    RENTAL INCOME FROM TENANTS

    Revenue

    $2,395,708

    PARKING INCOME

    Revenue

    $32,302

    RENTAL ASSISTANCE INCOME

    Revenue

    $4,922,579

    Organization Details

    Founding Year

    2012

    Principal Officer

    Lymaris Albors

    Main Address

    300 East 175th Street, Bronx, NY, 10457

    NTEE Category

    Code: L21 - Housing

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