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Bsdc Neighborhhood Homes Hdfc

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

EIN: 113440915 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bsdc Neighborhhood Homes Hdfc?

Bsdc Neighborhhood Homes Hdfc is a nonprofit organization based in Brooklyn, New York, specifically at 460 Nostrand Avenue. Their primary mission is twofold: firstly, they focus on developing and upgrading housing for low and moderate-income families in the Bedford-Stuyvesant area. Secondly, they aim to promote neighborhood stability and infrastructure development by taking a leading role in housing development within this community. The Neighborhood Homes Program by Bsdc Neighborhhood Homes Hdfc is designed to identify sites and propose affordable housing solutions for this income group.


Official website here: www.bsdcorp.org

What are the reviews and ratings of this charity?

Charity Navigator rates Bsdc Neighborhood Homes Hdfc with an 81%, granting it a Three-Star out of Four Star rating. This score reflects a solid standing in terms of accountability and finance, indicating that the organization is effectively managing its resources. The high ratings in various governance aspects, such as having a fully independent board and no material diversion of assets, suggest a commitment to ethical practices.

The organization demonstrates a strong program expense ratio of 96.19%, indicating that a significant portion of its expenses is directed towards its programs rather than administrative costs. This is a positive sign for potential donors, showing that their contributions are likely to be used effectively to further the nonprofit's mission. The presence of comprehensive policies, including conflict of interest and whistleblower protections, enhances its operational transparency and integrity.

While the organization showcases many strengths, the overall rating of Three Stars suggests there may still be areas for improvement. Despite high scores in accountability, the rating indicates that potential donors should continue to monitor the nonprofit's performance and impact over time to ensure that their support leads to meaningful outcomes.


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

What do the Facebook reviews say about Bsdc Neighborhhood Homes Hdfc?

82% of 24 reviewers on Facebook recommend Bridge Street Development's Neighborhood Homes HDFC. Here’s a summary of their reviews:

Many users express appreciation for the organization's commitment to community development and positive impact on housing. A notable mention highlights the efforts of Bridge Street Development, suggesting confidence in their ongoing work.

Overall, the sentiments lean towards support and encouragement, with reviewers recognizing the healthy contributions of the nonprofit towards improving neighborhood living conditions. The general consensus is that this organization is making a difference in the community and deserves recognition for its initiatives.


This AI summary has been generated from reviews found on Facebook.

Is Bsdc Neighborhhood Homes Hdfc legitimate?

Bsdc Neighborhhood Homes Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bsdc Neighborhhood Homes 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


Official website here: www.bsdcorp.org

What is the mission statement of Bsdc Neighborhhood Homes Hdfc?

Bsdc Neighborhood Homes Hdfc's mission is multifaceted, primarily focused on two key areas. Firstly, they aim to develop and upgrade housing for families with low and moderate income levels within their community. Secondly, they strive to promote neighborhood stability and infrastructure development by taking a leading role in housing development projects. This organization actively works towards these goals to improve the living conditions of their community members. The Neighborhood Homes Program is an initiative, designed to propose and identify sites for affordable housing, catering to the needs of low and moderate income residents in Brooklyn.


Official website here: www.bsdcorp.org

Who is the CEO of Bsdc Neighborhhood Homes Hdfc?

Gregory Anderson is the Chairman of Bsdc Neighborhhood Homes Hdfc. The CEO's salary of Bsdc Neighborhhood Homes Hdfc is $0 and their total compensation is $0.


Official website here: www.bsdcorp.org

What is the revenue of Bsdc Neighborhhood Homes Hdfc?

Bsdc Neighborhhood Homes Hdfc's revenue in 2022 was $791,916.


Official website here: www.bsdcorp.org

Who are the executives of Bsdc Neighborhhood Homes Hdfc and what are their salaries?


Here are 13 key members and their salaries (Bsdc Neighborhhood Homes Hdfc's CEO's salary is $0 and their total compensation is $0):


Edward Odom Jr (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phyllis White-Thorne (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abitzel Robinson-Hobson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Kendrick-Cousin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Drexel Harris (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sowonee Duworko (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fitzgerald Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Niles Dante Stewart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Bartolomeo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev David B Cousin Sr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamar Charles (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott A Griffin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Anderson (Pres. & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bsdcorp.org

Where can I find the form 990 for Bsdc Neighborhhood Homes Hdfc?

Bsdc Neighborhhood Homes Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bsdcorp.org

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

Mission Statement of Bsdc Neighborhhood Homes Hdfc

Bsdc Neighborhood Homes Hdfc, a nonprofit organization, has a twofold mission. Its primary objective is to enhance the living conditions of low and moderate-income families by developing and upgrading housing in the Bedford-Stuyvesant area. Simultaneously, the organization seeks to promote neighborhood stability and infrastructure development by taking a leading role in housing development initiatives. The Neighborhood Homes Program, a key aspect of their work, involves identifying suitable sites and proposing affordable housing options for residents of Brooklyn. By undertaking these activities, Bsdc Neighborhood Homes Hdfc aims to contribute significantly to the well-being and living standards of the community it serves.

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Impact




July, 2024

Bsdc Neighborhhood Homes Hdfc has a significant impact on the Bedford-Stuyvesant area in Brooklyn, NY by developing and upgrading housing for low and moderate-income families. This organization plays a crucial role in encouraging neighborhood stability and infrastructure development through its leadership in housing development initiatives. The Neighborhood Homes Program specifically focuses on providing affordable housing solutions for residents of Brooklyn, contributing to the overall well-being of the community.




This information is meant to be a general summary of Bsdc Neighborhhood Homes 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
$791,916 (2022)
Expenses
$429,826 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $791,916
  • Gross Receipts: $951,142

Assets and Liabilities:

  • Total Assets: $1,491,781
  • Total Liabilities: $13,282
  • Net Assets: $1,478,499

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Organization Details

Founding Year

1995

Principal Officer

Gregory Anderson

Main Address

460 NOSTRAND AVENUE, BROOKLYN, NY, 11216

NTEE Category

Code: L99 - Housing

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