Overview
What is 1378 College Avenue Hdfcinc?
1378 College Avenue Hdfcinc is a nonprofit organization located at 660 EAST 183RD STREET, BRONX, NY, 10458. Their primary mission is to provide affordable housing opportunities for the community, catering to low and moderate-income families. The organization generates revenue through rental income from these properties. The associated expenses cover administrative fees, utilities, repairs and maintenance, as well as tax and insurance expenses, ensuring the efficient operation of the premises and compliance with regulations.
Official website here: www.belmontarthur.com
Is 1378 College Avenue Hdfcinc legitimate?
1378 College Avenue Hdfcinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1378 College 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
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Official website here: www.belmontarthur.com
What is the mission statement of 1378 College Avenue Hdfcinc?
The mission of this organization, identified as yet unspecified, is centered around providing housing opportunities for individuals and families with moderate to low income levels. This mission is realized through the operation of low to moderate income family-subsidized rental properties, generating revenue primarily from these rentals. The associated expenses cover administrative fees, utilities, repairs and maintenance, taxes, and insurance, ensuring the efficient operation of the premises and adherence to regulatory requirements.
Official website here: www.belmontarthur.com
Who is the CEO of 1378 College Avenue Hdfcinc?
Consolato Cicciu is the President of 1378 College Avenue Hdfcinc.
Official website here: www.belmontarthur.com
What is the revenue of 1378 College Avenue Hdfcinc?
1378 College Avenue Hdfcinc's revenue in 2022 was $360,590.
Official website here: www.belmontarthur.com
Who are the executives of 1378 College 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.belmontarthur.com
Where can I find the form 990 for 1378 College Avenue Hdfcinc?
1378 College Avenue Hdfcinc'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 1378 College Avenue Hdfcinc
1378 College Avenue Hdfcinc is dedicated to providing low-income to moderate-income housing opportunities within the community. This nonprofit organization's primary mission is to offer a range of rental properties that cater to families falling within these income brackets. The revenue generated for the organization primarily comes from these subsidized rentals. To operate the premises efficiently and adhere to regulations, the associated expenses cover administrative fees, utilities, repair and maintenance, as well as taxes and insurance expenses. In essence, 1378 College Avenue Hdfcinc is committed to providing affordable housing options, ensuring that a diverse range of families can secure a place to call home.
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Impact
October, 2024
1378 College Avenue Hdfcinc significantly impacts the Bronx community by offering low to moderate income housing opportunities. By providing affordable rental options, it addresses the housing needs of families facing economic challenges, ensuring that residents have access to stable and secure living conditions. The organization generates revenue primarily through subsidized rentals, which allows it to maintain and operate the property effectively.
The expenses are managed to keep the properties in good condition, covering essential costs such as utilities, maintenance, and insurance. This operational efficiency not only supports the sustainability of the housing opportunities provided but also contributes to the overall well-being of the community. By fostering stable housing, 1378 College Avenue Hdfcinc plays a critical role in enhancing the quality of life for its residents and promoting community development in the Bronx.
This information is meant to be a general summary of 1378 College 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: $335
- Program Service Revenue: $360,255
- Gross Receipts: $360,590
Assets and Liabilities:
- Total Assets: $955,761
- Total Liabilities: $64,391
- Net Assets: $891,370
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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
$378,098
SUPER RENT FREE UNIT
Revenue
$14,088
OTHER RENTAL INCOME
Revenue
$465
VACANCIES
Revenue
-$32,396
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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