Overview
What is Ec Housing Development Fund Company Inc?
Ec Housing Development Fund Company Inc, based in the Bronx, New York, is a nonprofit organization with a mission to provide housing for the elderly and handicapped. They operate under Section 202 of the Federal Housing Act of 1959, dedicating their efforts to this specific community in the South Bronx area of New York City. With a small team of just two employees, they strive to offer affordable housing options to cater to the unique needs of these individuals.
Is Ec Housing Development Fund Company Inc legitimate?
Ec Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ec 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: $165,599
For more financial information, click here
What is the mission statement of Ec Housing Development Fund Company Inc?
Ec Housing Development Fund Company Inc's mission is centered around providing affordable housing for the elderly and handicapped, in accordance with Section 202 of the Federal Housing Act of 1959. They strive to make a positive impact in this area, focusing specifically on the South Bronx area of New York City. Their primary objective is to offer suitable housing solutions for this specific demographic, aiming to enhance their quality of life. The company's activities are guided by the principles of the Federal Housing Act, ensuring that the elderly and handicapped have access to safe and affordable living spaces.
Who is the CEO of Ec Housing Development Fund Company Inc?
Salvatore Gigante is the Chair of Ec Housing Development Fund Company Inc.
What is the revenue of Ec Housing Development Fund Company Inc?
Ec Housing Development Fund Company Inc's revenue in 2022 was $2,308,362.
Who are the executives of Ec Housing Development Fund Company Inc and what are their salaries?
The average compensation at Ec Housing Development Fund Company Inc during 2022 was $82,800. There are 2 employees at Ec Housing Development Fund Company Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $800
- Other: $0
- Compensation: $0
- Related: $800
- Other: $0
- Compensation: $0
- Related: $216,439
- Other: $0
- Compensation: $0
- Related: $133,882
- Other: $0
Where can I find the form 990 for Ec Housing Development Fund Company Inc?
Ec Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ec Housing Development Fund Company Inc
Ec Housing Development Fund Company Inc, as a nonprofit organization, is committed to providing affordable housing for the elderly and handicapped. This mission is carried out in adherence to Section 202 of the Federal Housing Act of 1959. The company's primary objective is to create a living space that caters to the unique needs of this specific demographic, ensuring they live with dignity and independence. By providing housing under Section 202, Ec Housing Development Fund Company Inc contributes to the well-being of its residents, enabling them to maintain a sense of community and security.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
The impact of Ec Housing Development Fund Company Inc is vital in providing affordable housing for the elderly and handicapped in the South Bronx area of New York City. By focusing on fulfilling the housing needs of these vulnerable populations under Section 202 of the Federal Housing Act of 1959, the organization plays a crucial role in ensuring that elderly and handicapped individuals have access to safe and suitable housing options. Through its dedicated efforts, Ec Housing Development Fund Company Inc contributes to enhancing the quality of life and promoting the well-being of these underserved communities in the Bronx, NY.
This information is meant to be a general summary of Ec 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: $309
- Program Service Revenue: $2,308,053
- Gross Receipts: $2,308,362
Assets and Liabilities:
- Total Assets: $2,898,514
- Total Liabilities: $7,605,390
- Net Assets: -$4,706,876
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,072,826
SERVICE COORDINATOR
Revenue
$235,227
Organization Details
Founding Year
1982
Phone
(347) 726-2547Principal Officer
Salvatore Gigante
Main Address
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455
NTEE Category
Code: L20 - Housing
If you are a representative of Ec Housing Development Fund Company Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.