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Bronx United In Leveraging Dollars Inc

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

EIN: 133108035 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bronx United In Leveraging Dollars Inc?

Bronx United In Leveraging Dollars Inc, often referred to as BUILD Inc., is a nonprofit organization located in the Bronx, New York. Their primary mission is centered around combating community deterioration in the area. They achieve this by engaging in various initiatives, such as the rental, preservation, and improvement of the local housing stock. BUILD Inc. also provides management oversight for apartment buildings, ensuring that they are well-maintained and undergoing necessary renovations. This dedicated organization is making significant strides in enhancing the living conditions and overall well-being of the community in the Bronx, New York.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

Bronx United In Leveraging Dollars Inc has achieved a strong rating of 94%, reflecting its commitment to accountability and finance. The overall score is derived entirely from its accountability metrics, with an impressive performance in several key areas, including a perfect score for having a majority of independent board members and a low liabilities to assets ratio.

The organization demonstrates strong governance practices, including well-documented conflict of interest and whistleblower policies, ensuring transparency and ethical management. Additionally, with a program expense ratio of 98.71%, Bronx United is effectively directing nearly all its resources towards its programs and mission, indicating a high level of operational efficiency.

While the charity has excelled in accountability metrics, the summary does not provide detailed insights into the impact of its programs or services. Nonetheless, the financial management and governance practices showcased by Bronx United position it as a trustworthy nonprofit committed to serving its community.


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

Is Bronx United In Leveraging Dollars Inc legitimate?

Bronx United In Leveraging Dollars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bronx United In Leveraging Dollars 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: $16,607

For more financial information, click here

What is the mission statement of Bronx United In Leveraging Dollars Inc?

Bronx United In Leveraging Dollars Inc is committed to preserving, renting, and improving housing in an unspecified location. Their mission is to combat community deterioration through various means, including the rental, preservation, and improvement of the housing stock. They provide management oversight for apartment buildings and supervise those undergoing intensive maintenance and rehabilitation. This organization plays a significant role in enhancing living conditions by improving the housing infrastructure.

Who is the CEO of Bronx United In Leveraging Dollars Inc?

Jumelia Abrahamson is the Secretary of Bronx United In Leveraging Dollars Inc.

What is the revenue of Bronx United In Leveraging Dollars Inc?

Bronx United In Leveraging Dollars Inc's revenue in 2022 was $456,433.

Who are the executives of Bronx United In Leveraging Dollars Inc and what are their salaries?

There 3 volunteers at Bronx United In Leveraging Dollars Inc.


Here are 2 key members and their salaries:


Nikaurys Quiterio (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jumelia Abrahamsom (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bronx United In Leveraging Dollars Inc?

Bronx United In Leveraging Dollars Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bronx United In Leveraging Dollars Inc

Bronx United In Leveraging Dollars Inc, abbreviated as BUILD Inc, is dedicated to combating community deterioration in the Bronx, New York. Their primary mission lies in the preservation, rental, and improvement of housing in the area. Through various means, BUILD Inc strives to enhance the housing stock in the Bronx. This encompasses the rental of existing properties, preserving existing buildings, and overseeing the renovation and rehabilitation of apartments that require extensive maintenance. By focusing on these aspects, BUILD Inc plays a crucial role in enhancing the living conditions and overall quality of life in the community.

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Impact




July, 2024

Bronx United In Leveraging Dollars Inc's impact is focused on combating community deterioration in the Bronx, New York, through various means including the rental, preservation, and improvement of the housing stock. The organization provides management oversight of apartment buildings and supervises those undergoing intensive maintenance and rehabilitation. By focusing on the preservation, rental, and improvement of housing in the Bronx, they contribute to the overall revitalization and stability of the community.




This information is meant to be a general summary of Bronx United In Leveraging Dollars 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
$456,433 (2022)
Expenses
$471,454 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$35,459
  • Program Service Revenue: $491,099
  • Gross Receipts: $773,403

Assets and Liabilities:

  • Total Assets: $2,402,918
  • Total Liabilities: $14,209
  • Net Assets: $2,388,709

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Programs

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

MANAGEMENT FEE

Revenue

$299,952

RENTAL INCOME - TENANTS

Revenue

$164,165

RENTAL INCOME - SECTION 8

Revenue

$26,982

Organization Details

Founding Year

1999

Principal Officer

Jumelia Abrahamson

Main Address

2751 Grand Concourse, Bronx, NY, 10468

NTEE Category

Code: L25Z - Housing

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