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Erma Cava Housing Development Fund Company Inc

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

EIN: 133073995 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Erma Cava Housing Development Fund Company Inc?

Erma Cava Housing Development Fund Company Inc is a dedicated nonprofit organization based in the Bronx, New York. Their primary mission is to provide affordable housing for the elderly and individuals with disabilities, adhering to Section 202 of the Federal Housing Act of 1959. Operating with a small team of one employee, this company is committed to making a difference in the South Bronx area of New York City by offering suitable living spaces to those in need.

Is Erma Cava Housing Development Fund Company Inc legitimate?

Erma Cava Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Erma Cava 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: $59,984

For more financial information, click here

What is the mission statement of Erma Cava Housing Development Fund Company Inc?

The Erma Cava Housing Development Fund Company Inc's mission is centered around providing affordable housing for elderly and handicapped individuals. This mission is in line with Section 202 of the Federal Housing Act of 1959. The company's primary objective is to create living spaces that cater to the specific needs of this demographic, ensuring they have access to suitable housing. The organization's activities are not limited to just provision of housing, but also involve adhering to the guidelines set out in Section 202 of the Federal Housing Act of 1959.

Who is the CEO of Erma Cava Housing Development Fund Company Inc?

Salvatore Gigante is the Chair of Erma Cava Housing Development Fund Company Inc.

What is the revenue of Erma Cava Housing Development Fund Company Inc?

Erma Cava Housing Development Fund Company Inc's revenue in 2022 was $772,460.

Who are the executives of Erma Cava Housing Development Fund Company Inc and what are their salaries?

The average compensation at Erma Cava Housing Development Fund Company Inc during 2022 was $59,984. There is 1 employee at Erma Cava Housing Development Fund Company Inc.


Here are 4 key members and their salaries:


Enrico Boccia (Chair)
  • Compensation: $0
  • Related: $800
  • Other: $0
Carmen Reyes (Treasurer/Se)
  • Compensation: $0
  • Related: $800
  • Other: $0
Salvatore Gigante (Vice Preside)
  • Compensation: $0
  • Related: $216,439
  • Other: $0
Sonal Shah (Controller)
  • Compensation: $0
  • Related: $133,882
  • Other: $0
Where can I find the form 990 for Erma Cava Housing Development Fund Company Inc?

Erma Cava Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Erma Cava Housing Development Fund Company Inc

Erma Cava Housing Development Fund Company Inc, a nonprofit organization, is dedicated to providing affordable housing for the elderly and individuals with disabilities. It accomplishes this mission under Section 202 of the Federal Housing Act of 1959. Their primary goal is to create a living space that caters to the needs of this specific demographic, ensuring they have a comfortable and secure environment to call home. The organization's mission is a crucial contribution to the community, providing housing solutions that cater to the unique needs of the elderly and handicapped population.

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Impact




August, 2024

Erma Cava Housing Development Fund Company Inc's impact is profound in the South Bronx area of New York City, where it provides crucial affordable housing for the elderly and handicapped under Section 202 of the Federal Housing Act of 1959. Through its dedicated efforts, Erma Cava Housing Development Fund Company Inc helps enhance the quality of life for vulnerable populations by ensuring they have access to safe and suitable living accommodations. By addressing the critical need for housing in this specific demographic, the organization plays a vital role in supporting the well-being and dignity of individuals who require specialized care and support.




This information is meant to be a general summary of Erma Cava 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.

Revenue
$772,460 (2022)
Expenses
$840,253 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $208
  • Program Service Revenue: $772,252
  • Gross Receipts: $772,460

Assets and Liabilities:

  • Total Assets: $760,692
  • Total Liabilities: $2,181,930
  • Net Assets: -$1,421,238

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Programs

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

RENTAL INCOME

Revenue

$677,717

SECT 8 SER COOR

Revenue

$94,535

Organization Details

Founding Year

1980

Principal Officer

Salvatore Gigante

Main Address

429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455

NTEE Category

Code: L22Z - Housing

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