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Mrc Melrose Housing Development Fund Corporation

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

EIN: 461680265 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is Mrc Melrose Housing Development Fund Corporation?

The Mrc Melrose Housing Development Fund Corporation is a nonprofit organization with a primary mission to develop affordable housing for individuals of low income. Established for this specific purpose, the organization operates with the aim of constructing and maintaining tax-exempt residential properties that cater to those with limited financial means. By devoting its resources to this initiative, Mrc Melrose Housing Development Fund Corporation endeavors to contribute positively to housing affordability and social equality within its community.


Official website here: www.mrcbx.org

Is Mrc Melrose Housing Development Fund Corporation legitimate?

Mrc Melrose Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mrc Melrose 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: $0

For more financial information, click here


Official website here: www.mrcbx.org

What is the mission statement of Mrc Melrose Housing Development Fund Corporation?

The Mrc Melrose Housing Development Fund Corporation is established with the primary objective of developing affordable housing projects for individuals of low income, on a tax-exempt basis. The corporation's mission is centered around providing housing solutions for this demographic, aiming to contribute to their living circumstances in a meaningful way. The corporation operates with a focus on creating affordable housing projects specifically designed for individuals with limited financial resources.


Official website here: www.mrcbx.org

Who is the CEO of Mrc Melrose Housing Development Fund Corporation?

Paul Moore is the President of Mrc Melrose Housing Development Fund Corporation.


Official website here: www.mrcbx.org

What is the revenue of Mrc Melrose Housing Development Fund Corporation?

Mrc Melrose Housing Development Fund Corporation's revenue in 2022 was $551,042.


Official website here: www.mrcbx.org

Who are the executives of Mrc Melrose Housing Development Fund Corporation and what are their salaries?

Here are 15 key members and their salaries:

    Paul Moore (Executive Director)
  • Compensation: $0
  • Related: $139,930
  • Other: $0

    • Helen Foreman-Hines (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Izzy Kukaj (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Balachandran On 921 (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fredrica Clark On 921 (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Turner On 921 (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Forbes-Clark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rosemarie Gordon On 921 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Jones On 921 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abigail Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Aike Off 921 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Glenda Campbell Off 921 (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ivy D Forde Off 921 (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kinanda Murray Off 921 (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Toon Off 921 (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mrcbx.org

    Where can I find the form 990 for Mrc Melrose Housing Development Fund Corporation?

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


    Official website here: www.mrcbx.org

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

    Mission Statement of Mrc Melrose Housing Development Fund Corporation

    Mrc Melrose Housing Development Fund Corporation is a nonprofit organization dedicated to the development of affordable housing for individuals of low income. The corporation's mission is to build such housing projects on a tax-exempt basis, ensuring that these housing solutions remain affordable for those in need. By focusing on this critical aspect, Mrc Melrose Housing Development Fund Corporation aims to contribute to the overall well-being and stability of its intended community members.

    Impact

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




    Wednesday, July 24, 2024

    Mrc Melrose Housing Development Fund Corporation's impact is significant in providing affordable housing opportunities for individuals of low income in the Bronx, New York. By focusing on developing affordable housing projects on a tax-exempt basis, the corporation helps address the crucial need for accessible housing options in the community. This targeted approach serves a vulnerable population and contributes to enhancing the overall quality of life for individuals facing financial challenges. The Corporation's dedication to affordable housing aligns with the mission of supporting those in need and making a positive difference in 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: $0
  • Program Service Revenue: $550,243
  • Gross Receipts: $551,042

    • Assets and Liabilities:
  • Total Assets: $3,780,025
  • Total Liabilities: $4,130,212
  • Net Assets: -$350,187
  • Programs

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

    LOW INCOME HOUSING REN

    Revenue

    $550,243

    Organization Details

    Founding Year

    2013

    Principal Officer

    Paul Moore

    Main Address

    576B EAST 165TH STREET, BRONX, NY, 10456

    NTEE Category

    Code: L21 - Housing

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