Overview
What is Us Brownsville Iii Hdfc?
Us Brownsville III HDFC is a nonprofit organization with a charitable mission to develop and manage housing for individuals of low income. Established as a not-for-profit corporation, their primary activity involves creating and operating housing projects specifically catering to this demographic. The organization's purpose is to contribute positively to the community by providing affordable living spaces for those in need.
Official website here: www.urbanstrategies.org/about-us/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Us Brownsville III HDFC has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization’s score of 81% reflects a strong commitment to transparency, with a fully independent board of directors and comprehensive oversight measures in place. The charity's financial statements are well-managed and audited, ensuring that funds are used effectively for their intended purposes.
The nonprofit excels in key areas such as program expense ratio, achieving an impressive 87.18%. This suggests that a significant portion of its resources is directed towards its programs rather than administrative costs, which is a positive indicator for potential donors. The organization has also established essential policies, including conflict of interest and whistleblower protections, which further enhance its governance framework.
While the overall rating is commendable, prospective supporters may want to consider additional qualitative aspects of the organization’s impact and community engagement, as the rating is primarily based on financial accountability metrics. Nonetheless, Us Brownsville III HDFC demonstrates a strong foundation in fiscal responsibility and governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Us Brownsville Iii Hdfc legitimate?
Us Brownsville Iii Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Us Brownsville Iii 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: $176,274
For more financial information, click here
Official website here: www.urbanstrategies.org/about-us/
What is the mission statement of Us Brownsville Iii Hdfc?
Us Brownsville III HDFC is a charitable organization, established as a not-for-profit corporation. Its primary objective is to dedicate its resources towards the development and operation of a housing project, catering to individuals with low income. The corporation's mission is to provide affordable housing solutions for this particular demographic, aiming to contribute positively to their living standards. By developing and operating such a housing project, Us Brownsville III HDFC works towards enhancing the quality of life for low-income individuals, thereby promoting social equality and community development.
Official website here: www.urbanstrategies.org/about-us/
Who is the CEO of Us Brownsville Iii Hdfc?
Pelham Bollers is the Executive Director of Us Brownsville Iii Hdfc.
Official website here: www.urbanstrategies.org/about-us/
What is the revenue of Us Brownsville Iii Hdfc?
Us Brownsville Iii Hdfc's revenue in 2022 was $1,275,078.
Official website here: www.urbanstrategies.org/about-us/
Who are the executives of Us Brownsville Iii Hdfc and what are their salaries?
Here are 4 key members and their salaries:
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Official website here: www.urbanstrategies.org/about-us/
Where can I find the form 990 for Us Brownsville Iii Hdfc?
Us Brownsville Iii Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.urbanstrategies.org/about-us/
Learn more at the official website: www.urbanstrategies.org/about-us/
Mission Statement of Us Brownsville Iii Hdfc
Us Brownsville III HDFC, as a charitable not-for-profit corporation, is dedicated to an noble mission. Its primary objective is to develop and operate a housing project, catering to individuals of low income. This organization's work is instrumental in providing suitable living spaces for those who may not otherwise have access to such accommodations. By doing so, Us Brownsville III HDFC contributes significantly to the well-being and living conditions of its beneficiaries.
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Impact
July, 2024
Us Brownsville III HDFC provides essential housing for low-income individuals in Brooklyn, NY. By offering a place to live for those who may not have the means to secure adequate housing otherwise, this organization directly impacts the lives of individuals and families in need. Their focus on serving persons of low income helps to address the affordable housing crisis in the area, providing a stable and secure foundation for individuals to build their lives upon. Through their charitable work, Us Brownsville III HDFC contributes to creating a more inclusive and supportive community for all residents.
This information is meant to be a general summary of Us Brownsville Iii 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $1,275,078
- Gross Receipts: $1,275,078
Assets and Liabilities:
- Total Assets: $846,020
- Total Liabilities: $2,112,863
- Net Assets: -$1,266,843
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Residential Rental
Revenue
$1,275,078
Organization Details
Founding Year
1999
Principal Officer
Pelham Bollers
Main Address
294 SUMPTER STREET, Brooklyn, NY, 11233
NTEE Category
Code: L20 - Housing
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