Overview
What is 1365 College Avenue Hdfc?
1365 College Avenue Hdfc is a nonprofit organization located at 660 East 183rd Street, Bronx, New York 10458. Their primary mission is to offer affordable housing opportunities for the community, catering to low-income and moderate-income families. Revenue for the organization comes mainly from rental income derived from the properties they manage. Essential operational costs, such as administrative fees, utilities, repairs, maintenance, taxes, and insurance, are covered by these rentals. The organization ensures compliance with regulations while efficiently operating the premises.
Official website here: www.belmontarthur.com
Is 1365 College Avenue Hdfc legitimate?
1365 College Avenue Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1365 College Avenue Hdfc 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
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Official website here: www.belmontarthur.com
What is the mission statement of 1365 College Avenue Hdfc?
The mission of the organization, identified as 1365 College Avenue Hdfc, is centered around providing affordable housing opportunities for individuals and families with moderate income levels. By generating revenue through low to moderate income family-subsidized rental properties, they ensure that these housing opportunities are accessible within their community. Their activities primarily involve managing the premises, covering necessary expenses such as administrative fees, utilities, repairs, maintenance, taxes, and insurance, while adhering to regulations effectively.
Official website here: www.belmontarthur.com
Who is the CEO of 1365 College Avenue Hdfc?
Consolato Cicciu is the President of 1365 College Avenue Hdfc.
Official website here: www.belmontarthur.com
What is the revenue of 1365 College Avenue Hdfc?
1365 College Avenue Hdfc's revenue in 2022 was $289,038.
Official website here: www.belmontarthur.com
Who are the executives of 1365 College Avenue Hdfc 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.belmontarthur.com
Where can I find the form 990 for 1365 College Avenue Hdfc?
1365 College Avenue Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belmontarthur.com
Learn more at the official website: www.belmontarthur.com
Mission Statement of 1365 College Avenue Hdfc
1365 College Avenue Hdfc is committed to providing low-income to moderate-income housing opportunities for the community. This nonprofit organization generates its revenue primarily through low to moderate income family-subsidized rental units occupying the property. The associated expenses cover administrative fees, utilities, repairs and maintenance, as well as tax and insurance expenses, essential components to efficiently operate the premises and adhere to regulations. By offering affordable housing options, 1365 College Avenue Hdfc contributes to the wellbeing of its community, providing a stable living environment for families in need.
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Impact
October, 2024
1365 College Avenue HDFC plays a crucial role in the Bronx community by providing low to moderate-income housing opportunities. This initiative addresses the pressing need for affordable rental options, enabling families with limited financial resources to secure stable housing.
The revenue generated from subsidized rentals directly supports the operation of the facility, ensuring that administrative needs, utilities, repairs, and maintenance are adequately managed. This model not only maintains the quality of the housing but also fosters a sense of community among residents who might otherwise struggle to find safe and affordable living conditions.
By focusing on the essential needs of low to moderate-income families, 1365 College Avenue HDFC significantly contributes to the overall well-being of the community, promoting stability and enhancing the quality of life for its residents.
This information is meant to be a general summary of 1365 College Avenue Hdfc. 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: $128
- Program Service Revenue: $288,910
- Gross Receipts: $289,038
Assets and Liabilities:
- Total Assets: $586,918
- Total Liabilities: $28,584
- Net Assets: $558,334
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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
$291,091
SUPER RENT FREE UNIT
Revenue
$12,692
VACANCIES
Revenue
-$14,873
Organization Details
Founding Year
1996
Principal Officer
Consolato Cicciu
Main Address
660 EAST 183RD STREET, BRONX, NY, 10458
Website
www.belmontarthur.comNTEE Category
Code: L21 - Housing
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