Overview
What is Filomena Gardens Housing Development Fund Company Inc?
Filomena Gardens Housing Development Fund Company Inc, situated in the Bronx, New York, is a nonprofit organization dedicated to providing housing for the elderly and handicapped. It operates under Section 202 of the Federal Housing Act, aiming to make affordable housing available for this specific demographic. The company's mission is deeply rooted in the South Bronx area of New York City, employing a workforce of four individuals to ensure the successful execution of their objectives.
Official website here: www.sebcodevelopment.org
Is Filomena Gardens Housing Development Fund Company Inc legitimate?
Filomena Gardens Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Filomena Gardens 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: $123,107
For more financial information, click here
Official website here: www.sebcodevelopment.org
What is the mission statement of Filomena Gardens Housing Development Fund Company Inc?
Filomena Gardens Housing Development Fund Company Inc's primary goal is to provide affordable housing for the elderly and individuals with disabilities. This is achieved under Section 202 of the Federal Housing Act of 1959. The company's mission is to create a living environment that caters specifically to this demographic, ensuring their needs are met with dignity and respect. By providing housing, Filomena Gardens aims to contribute positively to the well-being and independence of these individuals, enhancing their quality of life.
Official website here: www.sebcodevelopment.org
Who is the CEO of Filomena Gardens Housing Development Fund Company Inc?
Salvatore Gigante is the Chair of Filomena Gardens Housing Development Fund Company Inc.
Official website here: www.sebcodevelopment.org
What is the revenue of Filomena Gardens Housing Development Fund Company Inc?
Filomena Gardens Housing Development Fund Company Inc's revenue in 2022 was $812,756.
Official website here: www.sebcodevelopment.org
Who are the executives of Filomena Gardens Housing Development Fund Company Inc and what are their salaries?
The average compensation at Filomena Gardens Housing Development Fund Company Inc during 2022 was $30,777. There are 4 employees at Filomena Gardens Housing Development Fund Company Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $800
- Other: $0
- Compensation: $0
- Related: $800
- Other: $0
- Compensation: $0
- Related: $216,439
- Other: $0
- Compensation: $0
- Related: $133,882
- Other: $0
Official website here: www.sebcodevelopment.org
Where can I find the form 990 for Filomena Gardens Housing Development Fund Company Inc?
Filomena Gardens Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sebcodevelopment.org
Learn more at the official website: www.sebcodevelopment.org
Mission Statement of Filomena Gardens Housing Development Fund Company Inc
Filomena Gardens Housing Development Fund Company Inc, as a nonprofit organization, is committed to providing affordable housing for the elderly and individuals with disabilities. In line with Section 202 of the Federal Housing Act of 1959, this organization strives to create a living space that caters to the unique needs of this specific group of individuals. By doing so, Filomena Gardens Housing Development Fund Company Inc aims to make a meaningful impact on their lives, ensuring they have a comfortable and suitable living environment. This mission is a crucial step towards promoting independence and dignity for these individuals, enabling them to live their lives with dignity and respect.
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Impact
October, 2024
Filomena Gardens Housing Development Fund Company Inc significantly enhances the quality of life for elderly and handicapped individuals in the South Bronx area of New York City by providing affordable housing tailored to their needs under Section 202 of the Federal Housing Act of 1959. By offering safe and accessible housing options, the organization addresses the critical shortage of affordable accommodations for these vulnerable populations, fostering independence and promoting community integration.
This initiative not only alleviates the financial burden on seniors and individuals with disabilities but also creates a supportive environment where residents can thrive. The housing developments serve as a foundation for social interaction and community building, ultimately improving overall well-being and enhancing the lives of residents. Through its focused mission, Filomena Gardens plays a vital role in transforming the South Bronx community, ensuring that essential housing resources are available to those who need them most.
This information is meant to be a general summary of Filomena Gardens 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,056
- Program Service Revenue: $808,700
- Gross Receipts: $812,756
Assets and Liabilities:
- Total Assets: $4,302,292
- Total Liabilities: $8,373,713
- Net Assets: -$4,071,421
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$808,700
Organization Details
Founding Year
1997
Phone
(347) 726-2547Principal Officer
Salvatore Gigante
Main Address
429 BRUCKNER BLVD2ND FLOOR, BRONX, NY, 10455
Website
www.sebcodevelopment.orgNTEE Category
Code: P80 - Human services
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