Garmendia Gardens Housing Development Fund Corporatio

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

EIN: 133646719 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Garmendia Gardens Housing Development Fund Corporatio?

Garmendia Gardens Housing Development Fund Corporation is a nonprofit organization situated in the South Bronx, New York. Their primary mission is to offer secure, clean, and reasonably priced housing to families with low and moderate income levels in the area. To accomplish this, they provide high-quality housing and social services, ensuring the well-being and support of these families. The organization is committed to enhancing the living conditions and overall quality of life for the community.

Is Garmendia Gardens Housing Development Fund Corporatio legitimate?

Garmendia Gardens Housing Development Fund Corporatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Garmendia Gardens Housing Development Fund Corporatio 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: $35,384

For more financial information, click here

What is the mission statement of Garmendia Gardens Housing Development Fund Corporatio?

Garmendia Gardens Housing Development Fund Corporation is committed to providing quality housing and social services to families with low to moderate incomes, specifically in an unspecified location. Their mission is to ensure the availability of safe, clean, and affordable housing for these families. The organization's primary goal is to improve the living conditions of these families and offer necessary social services to support their well-being. They strive to create a community where these families can thrive and lead fulfilling lives.

What is the revenue of Garmendia Gardens Housing Development Fund Corporatio?

Garmendia Gardens Housing Development Fund Corporatio's revenue in 2022 was $416,257.

Who are the executives of Garmendia Gardens Housing Development Fund Corporatio and what are their salaries?

Here are 8 key members and their salaries:


Valerie Torres (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Boroff (Vice Chair/T)
  • Compensation: $0
  • Related: $37,538
  • Other: $0
Evelyn Velasquez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Gigante (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Josefa Santos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joan Trani (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Seltzer (Executive Di)
  • Compensation: $0
  • Related: $153,077
  • Other: $0
Jean Bonhomme (Controller)
  • Compensation: $0
  • Related: $111,923
  • Other: $0
Where can I find the form 990 for Garmendia Gardens Housing Development Fund Corporatio?

Garmendia Gardens Housing Development Fund Corporatio's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Garmendia Gardens Housing Development Fund Corporatio

Garmendia Gardens Housing Development Fund Corporation is dedicated to delivering high-quality housing and social services to families with modest incomes residing in the South Bronx, New York. Their mission is multifaceted, primarily focusing on providing safe, clean, and affordable housing for these families. By doing so, they aim to enhance the living conditions of these individuals and contribute to the overall well-being of the community. Beyond housing, the corporation also offers various social services to support these families, ensuring they have the resources needed to thrive.

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Impact




October, 2024

Garmendia Gardens Housing Development Fund Corporation significantly impacts low and moderate-income families in the South Bronx, NY, by offering safe, clean, and affordable housing. The organization focuses on enhancing living conditions and providing essential social services, addressing the pressing need for quality housing in a community often underserved. By prioritizing the welfare of families, Garmendia Gardens fosters stability and well-being, contributing to the upliftment of the South Bronx. This commitment not only improves individual living situations but also positively influences the larger community’s socio-economic landscape.




This information is meant to be a general summary of Garmendia Gardens Housing Development Fund Corporatio. 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
$416,257 (2022)
Expenses
$591,859 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $515
  • Program Service Revenue: $415,742
  • Gross Receipts: $416,257

Assets and Liabilities:

  • Total Assets: $1,373,058
  • Total Liabilities: $1,592,766
  • Net Assets: -$219,708

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Programs

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

TOTAL RENTAL INCOME

Revenue

$415,742

Organization Details

Founding Year

1991

Principal Officer

Valerie Torres

NTEE Category

Code: L21 - Housing

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