Overview
What is 2428 Beaumont Avenue Hdfcinc?
2428 Beaumont Avenue Hdfcinc is a nonprofit organization situated in Bronx, New York, primarily focused on providing affordable housing opportunities for low to moderate-income families. Their operations revolve around managing rental properties, generating revenue through these rentals, and covering necessary expenses such as administrative fees, utilities, maintenance, taxes, and insurance. Their mission is deeply rooted in serving the community by offering affordable housing solutions.
Official website here: www.belmontarthurldc.com
Is 2428 Beaumont Avenue Hdfcinc legitimate?
2428 Beaumont Avenue Hdfcinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 2428 Beaumont Avenue Hdfcinc 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: $0
For more financial information, click here
Official website here: www.belmontarthurldc.com
What is the mission statement of 2428 Beaumont Avenue Hdfcinc?
The mission of this organization, referred to as the entity in question, is centered around providing housing opportunities for individuals with moderate to low income levels. This mission is carried out by offering suitable housing units, generating revenue primarily through subsidized rent payments from these residents. The associated expenses cover various necessary components such as administrative fees, utilities, maintenance, taxes, and insurance, ensuring the efficient operation of the premises and compliance with regulations.
Official website here: www.belmontarthurldc.com
Who is the CEO of 2428 Beaumont Avenue Hdfcinc?
Consolato Cicciu is the President of 2428 Beaumont Avenue Hdfcinc.
Official website here: www.belmontarthurldc.com
What is the revenue of 2428 Beaumont Avenue Hdfcinc?
2428 Beaumont Avenue Hdfcinc's revenue in 2022 was $234,268.
Official website here: www.belmontarthurldc.com
Who are the executives of 2428 Beaumont Avenue Hdfcinc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.belmontarthurldc.com
Where can I find the form 990 for 2428 Beaumont Avenue Hdfcinc?
2428 Beaumont Avenue Hdfcinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belmontarthurldc.com
Learn more at the official website: www.belmontarthurldc.com
Mission Statement of 2428 Beaumont Avenue Hdfcinc
2428 Beaumont Avenue Hdfcinc is dedicated to providing affordable housing opportunities for low-income and moderate-income families within the community. Their mission is centered around creating a housing environment that caters to this demographic, ensuring they have access to suitable living spaces. The organization generates revenue primarily through family-subsidized rentals occupying the property. The associated expenses cover administrative fees, utilities, maintenance, taxes, and insurance, all necessary components to efficiently operate the premises and adhere to regulations. By providing affordable housing, 2428 Beaumont Avenue Hdfcinc contributes to the stability and well-being of the local community, enabling families to establish a secure living environment.
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Impact
October, 2024
2428 Beaumont Avenue Hdfcinc significantly impacts the community by providing essential housing opportunities for low to moderate-income families in the Bronx, NY. By focusing on affordable rental options, the organization plays a crucial role in addressing housing insecurity and fostering stability among vulnerable populations.
The revenues generated from subsidized rentals enable the organization to maintain the property effectively, covering necessary expenses such as administrative fees, utilities, repairs, and insurance. This operational sustainability ensures that residents have access to safe and well-maintained living conditions.
The mission to create affordable housing aligns with the broader goals of community development and economic empowerment, allowing families to allocate resources toward other vital needs like education and healthcare. Overall, 2428 Beaumont Avenue Hdfcinc contributes to building a more equitable housing landscape, which can lead to enhanced quality of life and community cohesion.
This information is meant to be a general summary of 2428 Beaumont Avenue Hdfcinc. 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: $125
- Program Service Revenue: $234,143
- Gross Receipts: $234,268
Assets and Liabilities:
- Total Assets: $817,382
- Total Liabilities: $55,273
- Net Assets: $762,109
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GROSS POTENTIAL RENT
Revenue
$238,435
OTHER RENTAL INCOME
Revenue
$3,022
VACANCIES
Revenue
-$7,314
Organization Details
Founding Year
1995
Principal Officer
Consolato Cicciu
Main Address
660 EAST 183RD STREET, BRONX, NY, 10458
Website
www.belmontarthurldc.comNTEE Category
Code: L21 - Housing
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