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Beulah Housing Development Fund Company Inc

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

EIN: 133645665 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Beulah Housing Development Fund Company Inc?

Beulah Housing Development Fund Company Inc, based in Bronx, New York, is a nonprofit organization devoted to addressing the housing needs of low-income individuals. Their mission is to encourage, facilitate, and support the planning, development, construction, and management of housing for the homeless and those with limited financial means. Additionally, they extend their efforts to provide moderate housing options for the general public. With a small team of three employees, they strive to make a difference in their community by working towards the development of affordable housing.

Is Beulah Housing Development Fund Company Inc legitimate?

Beulah Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beulah 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: $146,509

For more financial information, click here

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

Beulah Housing Development Fund Company Inc's mission is centered around encouraging, facilitating, and participating in the development of affordable housing. This includes planning, constructing, and managing housing options for individuals experiencing homelessness and those with low incomes. Additionally, the company extends its efforts to provide moderate housing for the general public. The organization's primary goal is to make housing accessible and affordable for those who need it most.

Who is the CEO of Beulah Housing Development Fund Company Inc?

Samuel Alston-Habib is the Chair of Beulah Housing Development Fund Company Inc.

What is the revenue of Beulah Housing Development Fund Company Inc?

Beulah Housing Development Fund Company Inc's revenue in 2022 was $367,226.

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

The average compensation at Beulah Housing Development Fund Company Inc during 2022 was $48,836. There are 3 employees at Beulah Housing Development Fund Company Inc.


Here are 8 key members and their salaries:


Samuel Alston-Habib (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marion Woods (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Clark (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Newton (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Musa Abdul Ali (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenya Burton (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christin Meja Herrera (Bd Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Fox (Exec Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beulah Housing Development Fund Company Inc?

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

Mission Statement of Beulah Housing Development Fund Company Inc

Beulah Housing Development Fund Company Inc is committed to encouraging, facilitating, and assisting in the planning, development, construction, and management of housing options for individuals of low income and those who are homeless. The organization's mission extends beyond this, as it also aims to provide moderately priced housing for the general public. In simpler terms, Beulah Housing Development Fund Company Inc seeks to contribute to the creation of affordable housing solutions for people in need, striving to make housing accessible and affordable for all.

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Impact




October, 2024

Beulah Housing Development Fund Company Inc plays a crucial role in addressing the pressing need for affordable housing in the Bronx, NY. By focusing on the planning, development, construction, and management of housing, the organization significantly contributes to improving living conditions for homeless individuals and those with low incomes. Its efforts help create stable, safe, and affordable housing options, thereby fostering a sense of community and enhancing the overall quality of life for vulnerable populations.

The organization’s commitment to developing low-cost and moderate housing directly supports the well-being of individuals and families who struggle to secure adequate shelter. This impact extends beyond mere housing provision; it also contributes to social stability, access to essential services, and economic opportunities for those it serves. By facilitating these housing solutions, Beulah Housing Development Fund Company Inc not only addresses immediate needs but also aids in breaking the cycle of poverty for many residents.




This information is meant to be a general summary of Beulah 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
$367,226 (2022)
Expenses
$207,494 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $118,936
  • Program Service Revenue: $246,574
  • Gross Receipts: $367,226

Assets and Liabilities:

  • Total Assets: $3,471,815
  • Total Liabilities: $3,500
  • Net Assets: $3,468,315

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Programs

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

MANAGEMENT FEES

Revenue

$239,799

Program income

Revenue

$6,775

Organization Details

Founding Year

2002

Principal Officer

Samuel Alston-Habib

Main Address

94 BRANDT PLACE, BRONX, NY, 10453

NTEE Category

Code: X21A - Religion related

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