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The Wilton Housing Development Fund Corporation

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

EIN: 474821442 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

Overview

What is The Wilton Housing Development Fund Corporation?

The Wilton Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York. Their primary mission is to offer affordable housing options, catering to individuals with low and moderate incomes. It manages two buildings, accommodating 31 rental apartments and six commercial spaces for small businesses, thereby contributing to the local Bronx community.


Is The Wilton Housing Development Fund Corporation legitimate?

The Wilton Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wilton 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: $34,821

For more financial information, click here


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

Mission Statement of The Wilton Housing Development Fund Corporation

The Wilton Housing Development Fund Corporation is committed to providing affordable housing solutions in an unspecified location. Specifically, this organization operates two buildings that house 31 rental apartments designed for individuals with low and moderate incomes. Additionally, the corporation offers six commercial units for small businesses within the same community, thereby contributing to the economic growth and stability of the area. In essence, the Wilton Housing Development Fund Corporation's mission revolves around enhancing the living conditions and opportunities for individuals with limited financial resources.

Impact

This information is meant to be a general summary of The Wilton 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

The Wilton Housing Development Fund Corporation's impact lies in its provision of affordable housing in the Bronx of New York. Through the operation of two buildings containing 31 rental apartment units for low and moderate-income tenants and six commercial units for small businesses, this organization plays a crucial role in addressing the housing needs of the community. By offering affordable housing options, The Wilton Housing Development Fund Corporation contributes to the stability and well-being of individuals and families in the Bronx, helping to enhance the overall quality of life in the area.





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: $665,345
  • Gross Receipts: $665,645

    • Assets and Liabilities:
  • Total Assets: $2,837,898
  • Total Liabilities: $2,072,905
  • Net Assets: $764,993
  • Programs

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

    RENTAL INCOME

    Revenue

    $431,126

    OTHER RENTAL INCOME

    Revenue

    $234,219

    Organization Details

    Founding Year

    2016

    Principal Officer

    Jumelia Abrahamson

    Main Address

    2751 Grand Concourse, Bronx, NY, 10468

    NTEE Category

    Code: L20 - Housing

    If you are a representative of The Wilton 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.