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Kingsbridge Riverdale Van Cortland Development Corporation

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

EIN: 133097905 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Kingsbridge Riverdale Van Cortland Development Corporation?

The Kingsbridge Riverdale Van Cortland Development Corporation (KRVC) is a 1981-established nonprofit organization based in the Bronx, New York. Their mission is to foster and strengthen the local community through initiatives in various sectors, including social, cultural, environmental, health, housing, education, and business enterprises. The organization's target area encompasses Kingsbridge, Kingsbridge Heights, Marble Hill, Riverdale, Spuyten Duyvil, Fieldston, Woodlawn, and Van Cortlandt Village. KRVC has its own community space, 505BX, which features a small indoor and outdoor venue, a stage, and a gallery wall. In 2021-2022, the gallery showcased the works of three Bronx artists, each with an opening reception featuring live music and refreshments. Additionally, KRVC organizes events such as concerts, community art shows, and mini-festivals featuring street performers, face painting, music, refreshments, crafts, and more. Beyond their community events and art shows, KRVC also supports small businesses in the area and works on beautification initiatives to enhance the overall community experience.


Official website here: www.505bx.org/

Is Kingsbridge Riverdale Van Cortland Development Corporation legitimate?

Kingsbridge Riverdale Van Cortland Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kingsbridge Riverdale Van Cortland Development Corporation 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: $47,138
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,000

For more financial information, click here


Official website here: www.505bx.org/

What is the mission statement of Kingsbridge Riverdale Van Cortland Development Corporation?

The Kingsbridge Riverdale Van Cortland Development Corporation, established in 1981, is a not-for-profit organization with a mission to foster and strengthen the local community. It aims to promote social, cultural, environmental, health, housing, educational, and business development initiatives within its target area, encompassing various neighborhoods in the Bronx. The organization produces community events, such as concerts and art shows, at venues like 505BX and other locations around the Bronx. Additionally, it supports small businesses in the area and contributes to various beautification initiatives.


Official website here: www.505bx.org/

Who is the CEO of Kingsbridge Riverdale Van Cortland Development Corporation?

Tracy Mccabe Shelton is the Executive Director of Kingsbridge Riverdale Van Cortland Development Corporation.


Official website here: www.505bx.org/

What is the revenue of Kingsbridge Riverdale Van Cortland Development Corporation?

Kingsbridge Riverdale Van Cortland Development Corporation's revenue in 2022 was $211,241.


Official website here: www.505bx.org/

Who are the executives of Kingsbridge Riverdale Van Cortland Development Corporation and what are their salaries?

The average compensation at Kingsbridge Riverdale Van Cortland Development Corporation during 2022 was $14,428. There are 5 employees and 20 volunteers at Kingsbridge Riverdale Van Cortland Development Corporation.


Here are 9 key members and their salaries:


Tracy Mccabe Shelton (Executive Director)
  • Compensation: $37,668
  • Related: $0
  • Other: $0
Petr Stand (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerald Kreppel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terhi Edwards (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mego Gojka (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orlando Kross (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Hirlehey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Len Morse (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sokol Delaj (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.505bx.org/

Where can I find the form 990 for Kingsbridge Riverdale Van Cortland Development Corporation?

Kingsbridge Riverdale Van Cortland Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.505bx.org/

Learn more at the official website: www.505bx.org/

Mission Statement of Kingsbridge Riverdale Van Cortland Development Corporation

Kingsbridge Riverdale Van Cortland Development Corporation, established in 1981, is a Bronx-based not-for-profit organization with a mission to foster and promote local initiatives that contribute to the community's social, cultural, environmental, health, housing, educational, and business sectors. The organization's target area encompasses the residential and business community, spanning Kingsbridge, Kingsbridge Heights, Marble Hill, Riverdale, Spuyten Duyvil, Fieldston, and Van Cortlandt Village.

KRVC's activities are geared towards enriching and building up the community. One of their primary initiatives is producing community events, such as concerts and art shows, at venues like 505BX and various locations around the Bronx. They also support small businesses in their area and contribute to beautification projects. In 2021-2022, for instance, they featured the work of three Bronx artists at Gallery 505, the organization's small indoor and outdoor space located at 505 West 236th Street, Bronx, NY. These events were accompanied by live music and refreshments, providing a platform for local artists and entertainment.

In addition to these activities, KRVC also plays a role in enhancing the Bronx community through events such as Santa at KRVC and Monday Fundays. These mini-festivals in front of their space feature street performers, face painting, music, refreshments, crafts, and more, providing a lively and engaging atmosphere for community members. KRVC's mission is to serve and contribute to the Northwest Bronx, striving to improve and enrich the lives of its residents through various initiatives and community events.

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Impact




October, 2024

Kingsbridge Riverdale Van Cortland Development Corporation (KRVC) has had a significant impact on the community by fostering social, cultural, environmental, health, housing, educational, and business initiatives since its founding in 1981. Serving neighborhoods like Kingsbridge, Riverdale, and Van Cortlandt Village, KRVC enhances community well-being through various programs and events.

One of KRVC's key initiatives is the 505BX Events, held at its community space located at 505 West 236th Street. This venue not only provides a platform for local artists but also hosts a range of community gatherings and mini-festivals, such as Santa at KRVC and Monday Fundays. These events have brought together residents for live performances, family-friendly activities, and cultural celebrations, thus strengthening community ties and promoting local talent.

Moreover, KRVC supports small businesses and beautification projects within the neighborhood, contributing to the economic vitality and aesthetic appeal of the area. By engaging community members and highlighting the talents of local artists, KRVC plays a crucial role in revitalizing the Bronx and fostering a sense of pride among its residents.




This information is meant to be a general summary of Kingsbridge Riverdale Van Cortland Development Corporation. 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
$211,241 (2022)
Expenses
$223,247 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1
  • Gross Receipts: $211,241

Assets and Liabilities:

  • Total Assets: $29,604
  • Total Liabilities: $24,657
  • Net Assets: $4,947

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Organization Details

Founding Year

1981

Principal Officer

Tracy Mccabe Shelton

Main Address

505 West 236 Street, Bronx, NY, 10463

NTEE Category

Code: S20Z - Community improvement

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