Overview
What is 178th Street Housing Development Fund Company Inc?
178th Street Housing Development Fund Company Inc is a nonprofit organization situated in the Bronx, New York. With a modest workforce of three individuals, their primary mission is to provide affordable housing solutions for the elderly and disabled, adhering to Section 202 of the Federal Housing Act of 1959. They are dedicated to making housing accessible and affordable for this specific demographic, contributing positively to their quality of life.
Official website here: www.sebcodevelopment.org
Is 178th Street Housing Development Fund Company Inc legitimate?
178th Street Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 178th Street Housing Development Fund Company 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: $147,368
For more financial information, click here
Official website here: www.sebcodevelopment.org
What is the mission statement of 178th Street Housing Development Fund Company Inc?
The 178th Street Housing Development Fund Company Inc is dedicated to providing affordable housing options for the elderly and disabled. This mission is in line with Section 202 of the Federal Housing Act of 1959, which the organization adheres to. Their primary goal is to ensure that these vulnerable communities have access to suitable living spaces. The company's activities are centered around providing a home environment that is both affordable and suitable for the elderly and disabled individuals.
Official website here: www.sebcodevelopment.org
Who is the CEO of 178th Street Housing Development Fund Company Inc?
Salvatore Gigante is the Chair of 178th Street Housing Development Fund Company Inc.
Official website here: www.sebcodevelopment.org
What is the revenue of 178th Street Housing Development Fund Company Inc?
178th Street Housing Development Fund Company Inc's revenue in 2022 was $2,056,316.
Official website here: www.sebcodevelopment.org
Who are the executives of 178th Street Housing Development Fund Company Inc and what are their salaries?
The average compensation at 178th Street Housing Development Fund Company Inc during 2022 was $49,123. There are 3 employees at 178th Street Housing Development Fund Company Inc.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $600
- Other: $0
- Compensation: $0
- Related: $600
- Other: $0
- Compensation: $0
- Related: $825,206
- Other: $0
- Compensation: $0
- Related: $600
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $1,110
- Related: $95,114
- Other: $0
- Compensation: $0
- Related: $100,000
- Other: $0
- Compensation: $0
- Related: $479,011
- Other: $0
Official website here: www.sebcodevelopment.org
Where can I find the form 990 for 178th Street Housing Development Fund Company Inc?
178th Street Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sebcodevelopment.org
Learn more at the official website: www.sebcodevelopment.org
Mission Statement of 178th Street Housing Development Fund Company Inc
The 178th Street Housing Development Fund Company Inc, as a mission-driven organization, is dedicated to providing affordable housing solutions for the elderly and disabled individuals. In line with Section 202 of the Federal Housing Act of 1959, this nonprofit organization strives to make a significant impact in the lives of those who are in need of affordable housing options. By offering housing services, the 178th Street Housing Development Fund Company Inc aims to provide a secure and comfortable living environment for its residents, enabling them to live with dignity and independence. The organization's commitment to this cause is essential in ensuring that elderly and disabled individuals are not left without adequate housing options, thereby fostering a sense of community and improving overall quality of life.
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Impact
August, 2024
178th Street Housing Development Fund Company Inc's impact lies in providing affordable housing to the elderly and disabled under Section 202 of the Federal Housing Act of 1959 in Bronx, NY. This organization plays a crucial role in ensuring that vulnerable populations have access to safe and affordable housing, addressing a critical need in the community. By focusing on the elderly, handicapped, and infirmed individuals, the company contributes to promoting stable and supportive living environments for those who need it most. Through their mission of providing affordable housing, 178th Street Housing Development Fund Company Inc positively impacts the lives of many individuals, helping to improve their quality of life and well-being.
This information is meant to be a general summary of 178th Street Housing Development Fund Company 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: $135
- Program Service Revenue: $1,936,038
- Gross Receipts: $2,056,316
Assets and Liabilities:
- Total Assets: $1,540,743
- Total Liabilities: $7,653,064
- Net Assets: -$6,112,321
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,936,038
Organization Details
Founding Year
1980
Phone
(347) 726-2547Principal Officer
Salvatore Gigante
Main Address
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455
Website
www.sebcodevelopment.orgNTEE Category
Code: L21Z - Housing
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