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Brooklyn Neighborhood Hdfc

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

EIN: 112644860 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brooklyn Neighborhood Hdfc?

Brooklyn Neighborhood Hdfc is a nonprofit organization situated in Brooklyn, New York, with a focus on providing residential housing units for individuals and families of modest means. Their primary mission is to ensure that low-income individuals have access to decent and affordable living spaces. This nonprofit organization fulfills this mission by offering residential housing services, thus contributing positively to the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%

Brooklyn Neighborhood HDFC has received an 81% score on Charity Navigator, which translates to a Three-Star out of Four Star rating. This score reflects the organization's solid commitment to accountability and financial management, as the rating is derived solely from its Accountability & Finance metrics. The high score indicates that the nonprofit has effectively met various standards expected of a responsible charity.

The organization boasts a fully independent board, comprising 17 members, which contributes positively to its governance structure. It also excels in financial transparency, having a fully audited financial statement and no reported material diversion of assets. Furthermore, Brooklyn Neighborhood HDFC provides comprehensive policies addressing conflicts of interest, whistleblower protections, and document retention, showcasing their dedication to ethical standards.

However, while the organization demonstrates strong financial practices, the absence of a broader evaluation across other performance indicators means that the overall effectiveness of its programs is not assessed in this rating. Despite this limitation, the robust financial oversight and governance set a solid foundation for the organization’s operations.


This AI summary has been generated from information found on Charity Navigator.

Is Brooklyn Neighborhood Hdfc legitimate?

Brooklyn Neighborhood Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Neighborhood Hdfc 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: $0

For more financial information, click here

What is the mission statement of Brooklyn Neighborhood Hdfc?

Brooklyn Neighborhood Hdfc is committed to fulfilling its mission of providing decent and affordable housing for individuals and families of low income. The organization strives to offer residential units that cater to the housing needs of those with limited financial resources. By doing so, Brooklyn Neighborhood Hdfc contributes to enhancing the living standards and quality of life for these individuals, thereby promoting social equity and inclusivity. The primary focus of the organization is to ensure that everyone has access to suitable housing, regardless of their income level, thereby fostering a sense of community and dignity.

Who is the CEO of Brooklyn Neighborhood Hdfc?

John Darienzo is the Treasurer of Brooklyn Neighborhood Hdfc.

What is the revenue of Brooklyn Neighborhood Hdfc?

Brooklyn Neighborhood Hdfc's revenue in 2020 was $1,499,479.

Who are the executives of Brooklyn Neighborhood Hdfc and what are their salaries?


Here are 17 key members and their salaries:


Joseph K Robles (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura James (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Darienzo (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pastor Philip J Waldvogel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Andrews (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Brittenham (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Caponegro (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Dobosz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fagan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Gabriel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gutting (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Kairys (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sal Meli (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felicia Pecoraro (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Robles Sr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Summa (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Womble (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Brooklyn Neighborhood Hdfc?

Brooklyn Neighborhood Hdfc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Brooklyn Neighborhood Hdfc

Brooklyn Neighborhood Hdfc, a nonprofit organization, is committed to providing decent and affordable housing to individuals and families of low income. The mission of this organization is to alleviate housing challenges faced by those with limited financial resources, ensuring they have access to suitable living spaces. By providing residential housing units, Brooklyn Neighborhood Hdfc contributes to the overall well-being and stability of its community members, enabling them to focus on other essential aspects of their lives.

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Impact




July, 2024

Brooklyn Neighborhood HDFC's impact lies in providing decent and affordable housing to individuals and families of low income in Brooklyn, NY. Through their activities, they contribute to addressing the housing needs of the community and improving the overall quality of life for those in need. Their mission focuses on ensuring that low-income persons have access to residential housing units, thereby supporting human services in the area.




This information is meant to be a general summary of Brooklyn Neighborhood Hdfc. 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
$1,499,479 (2020)
Expenses
$1,605,598 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $99,515
  • Program Service Revenue: $1,396,765
  • Gross Receipts: $1,499,479

Assets and Liabilities:

  • Total Assets: $13,068,803
  • Total Liabilities: $8,715,167
  • Net Assets: $4,353,636

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Programs

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

Residential rent income

Revenue

$1,323,014

Commercial rent income

Revenue

$55,141

Rooftop lease income

Revenue

$18,610

Organization Details

Founding Year

1982

Principal Officer

John Darienzo

Main Address

2 KINGSLAND AVENUE, BROOKLYN, NY, 11211

NTEE Category

Code: P73Z - Human services

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