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100 E 182nd Street Housing Development Fund Company Inc

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

EIN: 133881096 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is 100 E 182nd Street Housing Development Fund Company Inc?

100 E 182nd Street Housing Development Fund Company Inc is a nonprofit organization situated in the Bronx, New York. Their primary mission is to provide affordable housing solutions for low-income families in the area. To achieve this, they operate a building that houses 32 residential apartments, offering a secure and affordable living space for those in need. The organization's activities are centered around meeting the housing needs of the community by managing and maintaining their property to ensure it remains a comfortable and safe environment for its residents.

Is 100 E 182nd Street Housing Development Fund Company Inc legitimate?

100 E 182nd Street Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 100 E 182nd Street Housing Development Fund Company Inc 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

What is the mission statement of 100 E 182nd Street Housing Development Fund Company Inc?

The 100 E 182nd Street Housing Development Fund Company Inc is committed to providing affordable housing. This organization operates a building with 32 residential apartments, catering to low-income families. The mission of this company is to contribute positively to the community by offering housing solutions for families who might otherwise struggle with housing affordability. The organization's mission is instrumental in providing a stable living environment for these families, thereby enhancing their overall quality of life.

Who is the CEO of 100 E 182nd Street Housing Development Fund Company Inc?

Heng Ly is the Treasurer/Secretary of 100 E 182nd Street Housing Development Fund Company Inc.

What is the revenue of 100 E 182nd Street Housing Development Fund Company Inc?

100 E 182nd Street Housing Development Fund Company Inc's revenue in 2022 was $363,994.

Who are the executives of 100 E 182nd Street Housing Development Fund Company Inc and what are their salaries?


Here are 5 key members and their salaries:


Heng Ly (Treasurer/Secretary)
  • Compensation: $0
  • Related: $334,452
  • Other: $62,252
Luis Ortega (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Norat (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen Hogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 100 E 182nd Street Housing Development Fund Company Inc?

100 E 182nd Street Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 100 E 182nd Street Housing Development Fund Company Inc

100 E 182nd Street Housing Development Fund Company Inc is dedicated to providing affordable housing solutions for low-income families. Their mission is encapsulated in the operation of a building containing 32 residential apartments, offering a much-needed home to families who may not otherwise have access to such resources. By providing this housing, the organization plays a significant role in supporting these families, enabling them to focus on other aspects of their lives, such as education, employment, and personal development. The organization's commitment to affordable housing is a crucial step in promoting social equity and stability, ensuring that all families have the opportunity to build a secure future.

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Impact




October, 2024

100 E 182nd Street Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of low-income families in the Bronx, NY. By operating a building with 32 residential apartments, it directly contributes to providing affordable housing options in a community where such resources are often scarce.

This initiative not only facilitates stable living conditions for families but also helps alleviate some of the socioeconomic challenges associated with housing insecurity. Access to affordable apartments can lead to improved quality of life, increased educational opportunities for children, and enhanced overall community well-being. Furthermore, by fostering a stable residential environment, the organization contributes to reducing crime and promoting a safer neighborhood for all residents.




This information is meant to be a general summary of 100 E 182nd Street Housing Development Fund Company Inc. 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
$363,994 (2022)
Expenses
$474,447 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $363,994
  • Gross Receipts: $363,994

Assets and Liabilities:

  • Total Assets: $460,855
  • Total Liabilities: $216,082
  • Net Assets: $244,773

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Programs

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

RENTAL INCOME

Revenue

$363,994

Organization Details

Founding Year

1996

Principal Officer

Heng Ly

Main Address

2751 GRAND CONCOURSE, BRONX, NY, 104683001

NTEE Category

Code: I20 - Crime

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