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Bhap Housing Development Fund Co Inc

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

EIN: 112591013 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bhap Housing Development Fund Co Inc?

Bhap Housing Development Fund Co Inc is a nonprofit organization situated in Brooklyn, New York, with a focus on providing affordable housing solutions. Specifically, they cater to the needs of the elderly and disabled individuals, offering low-income housing options to support their living circumstances. With a staff of three dedicated individuals, Bhap Housing Development Fund Co Inc plays a crucial role in ensuring that vulnerable populations have secure and suitable housing. Their mission is deeply rooted in the belief that everyone deserves a safe and comfortable place to call home, regardless of age or ability.

Is Bhap Housing Development Fund Co Inc legitimate?

Bhap Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bhap Housing Development Fund Co 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,536

For more financial information, click here

What is the mission statement of Bhap Housing Development Fund Co Inc?

Bhap Housing Development Fund Co Inc, as a mission, is dedicated to offering affordable housing solutions for the elderly and individuals with disabilities. Their primary activity revolves around providing a home for these vulnerable groups, ensuring they have a secure living environment. The organization's goal is to enhance the quality of life for these individuals by meeting their housing needs. Through their services, they strive to create a sense of community and inclusivity, allowing these individuals to live with dignity and independence. By focusing on low-income housing, Bhap Housing Development Fund Co Inc is making a significant contribution to society, ensuring that everyone has access to a basic necessity, a place to call home.

Who is the CEO of Bhap Housing Development Fund Co Inc?

Russell Bramwell is the President of Bhap Housing Development Fund Co Inc.

What is the revenue of Bhap Housing Development Fund Co Inc?

Bhap Housing Development Fund Co Inc's revenue in 2022 was $1,614,542.

Who are the executives of Bhap Housing Development Fund Co Inc and what are their salaries?

The average compensation at Bhap Housing Development Fund Co Inc during 2022 was $65,512. There are 3 employees at Bhap Housing Development Fund Co Inc.


Here are 12 key members and their salaries:


Marilyn Findlay (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laverne Cox (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Decrumpe (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mildred C Newsum (Corresponding And Financial Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shelia Mcintosh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Mcintosh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Nero-Reid (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Suggs (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley Bush (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Estelle Sealy (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elaine Thompson (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Lee (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bhap Housing Development Fund Co Inc?

Bhap Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bhap Housing Development Fund Co Inc

Bhap Housing Development Fund Co Inc is a nonprofit organization dedicated to providing low-income housing solutions for the elderly and the handicapped. The mission of this organization is to ensure that these vulnerable groups have access to safe and comfortable living spaces. Through its efforts, Bhap Housing Development Fund Co Inc has successfully provided housing for elderly persons and individuals with disabilities, offering them a sense of security and independence. By offering low-income housing, the organization is able to make a significant impact in the lives of those who may otherwise struggle to secure affordable housing. This mission reflects the organization's commitment to social justice and equality, as it works to create a more inclusive and equitable society where everyone has access to basic needs, including safe and affordable housing.

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Impact




October, 2024

Bhap Housing Development Fund Co Inc plays a critical role in addressing the housing needs of vulnerable populations in Brooklyn, NY, specifically focusing on the elderly and handicapped individuals. By providing low-income housing options, the organization alleviates the financial burden on these groups, ensuring they have secure and stable living conditions.

The impact of Bhap Housing Development Fund extends beyond just shelter. It fosters a sense of community and well-being for residents who might otherwise struggle to find suitable housing. This initiative contributes to improved quality of life, independence, and dignity for elderly and disabled individuals, enabling them to live with greater comfort and accessibility. Additionally, by focusing on low-income housing, the organization helps to combat homelessness and housing insecurity among some of the most vulnerable members of society, ultimately contributing to healthier, more inclusive communities in Brooklyn.




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


Financials

This financial information is from Propublica.

Revenue
$1,614,542 (2022)
Expenses
$1,838,035 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $520
  • Program Service Revenue: $1,614,022
  • Gross Receipts: $1,614,542

Assets and Liabilities:

  • Total Assets: $3,592,702
  • Total Liabilities: $10,434,177
  • Net Assets: -$6,841,475

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Programs

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

RENTAL INCOME-SENIOR CITIZENS

Revenue

$1,614,022

Organization Details

Founding Year

1997

Principal Officer

Russell Bramwell

Main Address

243 KINGSTON AVENUE, BROOKLYN, NY, 11213

NTEE Category

Code: L22Z - Housing

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