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Morrisania Revitalization Corp

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

EIN: 133113927 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Morrisania Revitalization Corp?

Morrisania Revitalization Corp, situated in the Bronx, New York, serves as a nonprofit organization dedicated to neighborhood stabilization. Their mission is to enhance and create more opportunities in the realms of housing and economic development within the community. As the owner and manager of 17 buildings, they utilize their skills to establish and maintain community-wide economic stability. Morrisania Revitalization Corp offers counseling services, including home ownership, budgeting, credit management, legal matters, and tenant support, aiming to empower local residents. Their activities are geared towards improving the community and providing increased opportunities, contributing to a more prosperous and stable neighborhood.


Official website here: www.mrcbx.org

Is Morrisania Revitalization Corp legitimate?

Morrisania Revitalization Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morrisania Revitalization Corp 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: $143,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,131,881

For more financial information, click here


Official website here: www.mrcbx.org

What is the mission statement of Morrisania Revitalization Corp?

The Morrisania Revitalization Corp's mission is centered around neighborhood stabilization, aiming to enhance and create increased opportunities in the realms of housing and economic development. As the owner and manager of several buildings, the corporation utilizes its skills to establish and maintain community-wide economic stability. The organization provides counseling services in various aspects, including home ownership, budgeting, credit management, legal matters, and tenant support, ultimately contributing to a more prosperous community.


Official website here: www.mrcbx.org

Who is the CEO of Morrisania Revitalization Corp?

Paul Moore is the Executive Director, Non Member of Morrisania Revitalization Corp.


Official website here: www.mrcbx.org

What is the revenue of Morrisania Revitalization Corp?

Morrisania Revitalization Corp's revenue in 2021 was $3,883,942.


Official website here: www.mrcbx.org

Who are the executives of Morrisania Revitalization Corp and what are their salaries?

The average compensation at Morrisania Revitalization Corp during 2021 was $43,965. There are 29 employees at Morrisania Revitalization Corp.


Here are 9 key members and their salaries:


Paul Moore N0N-Member (Executive Director, Non Member)
  • Compensation: $143,105
  • Related: $0
  • Other: $0
Helen Foreman-Hines (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kinanda Murray (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenda Campbell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abby Taylor (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Toon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivy Dforbe-Clarke (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Izzy Kukaj (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Forbes-Clarke (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mrcbx.org

Where can I find the form 990 for Morrisania Revitalization Corp?

Morrisania Revitalization Corp's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.mrcbx.org

Learn more at the official website: www.mrcbx.org

Mission Statement of Morrisania Revitalization Corp

Morrisania Revitalization Corp, as a nonprofit organization, is dedicated to neighborhood stabilization with the aim of enhancing and creating increased opportunities in the realms of housing and economic development. Their mission is to establish and sustain community-wide economic stability, providing sufficient resources to the area. The corporation offers various services to achieve this goal, including counseling individuals in home ownership, budgeting, credit management, legal matters, and tenant support. By offering these resources, Morrisania Revitalization Corp aims to contribute to the overall improvement and development of the community, creating a more stable and prosperous living environment for its residents.

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Impact




August, 2024

Morrisania Revitalization Corp plays a crucial role in neighborhood stabilization in the Bronx, NY. It is actively involved in improving and creating increased opportunities in the areas of housing and economic development. As the owner/manager of 17 buildings, the organization utilizes its skills to establish and sustain community-wide economic stability. Additionally, Morrisania Revitalization Corp provides counseling services to residents in various areas such as home ownership, budgeting, credit counseling, legal matters, and tenant support. Through its work, the organization contributes to the overall well-being and growth of the community it serves.




This information is meant to be a general summary of Morrisania Revitalization Corp. 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
$3,883,942 (2021)
Expenses
$2,711,824 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $705,884
  • Gross Receipts: $3,883,942

Assets and Liabilities:

  • Total Assets: $1,567,827
  • Total Liabilities: $3,000
  • Net Assets: $1,564,827

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Programs

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

MANAGEMENT FEES

Revenue

$698,186

PARTNERSHIP FEES

Revenue

$7,698

Organization Details

Founding Year

1991

Principal Officer

Paul Moore

Main Address

576 EAST 165TH STREET, BRONX, NY, 10456

NTEE Category

Code: P20 - Human services

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