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Crotona Parkway Apartments Housing Development Fund Corporation

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

EIN: 133819602 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Crotona Parkway Apartments Housing Development Fund Corporation?

Crotona Parkway Apartments Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York. Their primary mission is to provide safe, clean, and affordable housing for low and moderate-income families residing in the South Bronx region. By offering quality housing and social services, they aim to contribute positively to the local community. This includes ensuring the overall well-being of their residents by offering essential resources and support.

Is Crotona Parkway Apartments Housing Development Fund Corporation legitimate?

Crotona Parkway Apartments Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crotona Parkway Apartments Housing Development Fund Corporation 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: $17,748

For more financial information, click here

What is the mission statement of Crotona Parkway Apartments Housing Development Fund Corporation?

The Crotona Parkway Apartments Housing Development Fund Corporation is committed to providing quality housing and social services to families with low and moderate income residing in New York's South Bronx area. Their mission is centered around ensuring the availability of safe, clean, and affordable housing for these families. By offering these essential services, they aim to positively impact the lives of those in need and contribute to the well-being of the community.

Who is the CEO of Crotona Parkway Apartments Housing Development Fund Corporation?

Varerie Torres is the Chair of Crotona Parkway Apartments Housing Development Fund Corporation.

What is the revenue of Crotona Parkway Apartments Housing Development Fund Corporation?

Crotona Parkway Apartments Housing Development Fund Corporation's revenue in 2022 was $253,553.

Who are the executives of Crotona Parkway Apartments Housing Development Fund Corporation and what are their salaries?


Here are 8 key members and their salaries:


Varerie Torres (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Boroff (Vice Chair/T)
  • Compensation: $4,675
  • Related: $32,863
  • 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 Crotona Parkway Apartments Housing Development Fund Corporation?

Crotona Parkway Apartments Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Crotona Parkway Apartments Housing Development Fund Corporation

Crotona Parkway Apartments Housing Development Fund Corporation is committed to providing quality housing and social services to low and moderate-income families residing in New York. Their mission is multifaceted, primarily focusing on ensuring that these families have access to safe, clean, and affordable housing. By doing so, the corporation strives to enhance the living standards of these families, thereby contributing to their overall well-being. The organization's goal is to make a positive impact on the community by offering more than just a place to live; it aims to provide a nurturing environment that supports the social needs of its residents as well.

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Impact




October, 2024

Crotona Parkway Apartments Housing Development Fund Corporation plays a vital role in enhancing the quality of life for low and moderate-income families in the South Bronx, NY. By providing safe, clean, and affordable housing, it addresses the critical need for stable living conditions in a community often faced with economic challenges.

The initiative also extends beyond housing by offering social services that foster personal and community development. This dual approach not only helps families secure a safe home but also empowers them with resources and support systems necessary for achieving long-term stability and growth. The Corporation’s commitment to delivering quality housing and essential services significantly contributes to revitalizing the South Bronx, promoting equitable access to safe living environments, and enhancing community well-being. Through these efforts, it plays a crucial role in supporting families, improving neighborhood conditions, and fostering a sense of community within the region.




This information is meant to be a general summary of Crotona Parkway Apartments Housing Development Fund Corporation. 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
$253,553 (2022)
Expenses
$329,676 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $29
  • Program Service Revenue: $253,524
  • Gross Receipts: $253,553

Assets and Liabilities:

  • Total Assets: $407,110
  • Total Liabilities: $61,537
  • Net Assets: $345,573

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Programs

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

RENTAL INCOME

Revenue

$253,524

Organization Details

Founding Year

1995

Principal Officer

Varerie Torres

Main Address

1945 VYSE AVENUE, BRONX, NY, 10460

NTEE Category

Code: L20Z - Housing

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