Overview
What is Bec New Communities Hdfc Inc?
Bec New Communities HDFC Inc is a nonprofit organization primarily focused on developing and providing affordable housing. They specialize in various aspects of housing, including development, construction, and management. Their mission is to make housing accessible and affordable for individuals and families in need, enhancing the quality of life within their communities.
Is Bec New Communities Hdfc Inc legitimate?
Bec New Communities Hdfc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bec New Communities Hdfc 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: $192,000
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What is the mission statement of Bec New Communities Hdfc Inc?
Bec New Communities HDFC Inc is committed to the development and provision of affordable housing. They specialize in various aspects of housing, including development, construction, and management, with the primary goal of making housing accessible to a wide range of individuals. By focusing on these areas, they aim to contribute positively to the housing sector, ensuring that affordable housing options are available for many people.
Who is the CEO of Bec New Communities Hdfc Inc?
James Whitfield is the Board Chair of Bec New Communities Hdfc Inc.
What is the revenue of Bec New Communities Hdfc Inc?
Bec New Communities Hdfc Inc's revenue in 2022 was $260,692.
Who are the executives of Bec New Communities Hdfc Inc and what are their salaries?
The average compensation at Bec New Communities Hdfc Inc during 2022 was $96,000. There are 2 employees at Bec New Communities Hdfc Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Bec New Communities Hdfc Inc?
Bec New Communities Hdfc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bec New Communities Hdfc Inc
Bec New Communities HDFC, as a nonprofit organization, is committed to the development and provision of affordable housing. With a focus on housing development, construction, and management, this organization plays a significant role in making housing accessible to a wide range of individuals. By specializing in these areas, Bec New Communities HDFC strives to contribute to the community by addressing the need for affordable housing, thereby enhancing the living conditions of many.
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Impact
October, 2024
Bec New Communities HDFC has a significant impact on the community by focusing on the development and provision of affordable housing in Brooklyn, NY. By specializing in housing development, construction, and management, the organization addresses critical housing needs in an area where affordability is a pressing issue.
Through its efforts, Bec New Communities HDFC not only contributes to increasing the availability of low-cost housing but also fosters stability within the community. The development of affordable housing promotes diversity, reduces homelessness, and enhances overall quality of life for residents. By creating safe and accessible living environments, the organization plays a vital role in supporting families and individuals striving for economic stability in an urban setting.
Additionally, the construction and management aspects of their operations ensure that these housing options are maintained to a high standard, which contributes to the overall revitalization of neighborhoods. Ultimately, Bec New Communities HDFC directly influences social equity, economic development, and community well-being in Brooklyn.
This information is meant to be a general summary of Bec New Communities Hdfc 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $120
- Program Service Revenue: $256,885
- Gross Receipts: $260,692
Assets and Liabilities:
- Total Assets: $92,108
- Total Liabilities: $2,299
- Net Assets: $89,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Management fees
Revenue
$125,000
Rental
Revenue
$131,885
Organization Details
Founding Year
1987
Phone
(718) 858-8803Principal Officer
James Whitfield
Main Address
67 HANSON PLACE, BROOKLYN, NY, 11217
NTEE Category
Code: L200 - Housing
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