Overview
What is Highbridge Senior Hdfc?
Highbridge Senior HDFC is a nonprofit organization situated in Bronx, New York, devoted to catering to the housing needs of low-income senior citizens. The organization's primary mission is to offer suitable housing solutions for this demographic, ensuring their basic needs are met. Highbridge Senior HDFC's programs encompass the provision of housing for these seniors, aiming to improve their quality of life and promote a sense of community within the Bronx area.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Highbridge Senior HDFC has earned a Three-Star rating from Charity Navigator, indicating a satisfactory level of accountability and financial health. The organization scores well in key areas such as having a fully independent board and strong audit practices, showcasing their commitment to transparency and governance.
The nonprofit has achieved a remarkable program expense ratio of 93.39%, which signifies that a significant portion of their funds is directed toward their programs and services rather than administrative costs. Additionally, they have established comprehensive policies for conflict of interest, whistleblower protection, and document retention, further enhancing their operational integrity.
However, while the overall score is positive, the rating leaves room for improvement in some areas of accountability and finance that could elevate their standing. Continuous efforts to enhance organizational practices will be essential in maintaining donor trust and ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Highbridge Senior Hdfc legitimate?
Highbridge Senior Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highbridge Senior 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: $158,047
For more financial information, click here
What is the mission statement of Highbridge Senior Hdfc?
Highbridge Senior HDFC is an organization dedicated to providing housing for low-income seniors. Its mission is to offer a living space for elderly individuals who may be financially constrained. The organization's primary activity revolves around the provision of housing, ensuring that senior citizens have a suitable and affordable place to reside. Highbridge Senior HDFC's programs are centered around this objective, aiming to make a positive impact on the lives of elderly individuals in need.
Who is the CEO of Highbridge Senior Hdfc?
Msgr Donald Sakano is the Chairman of Highbridge Senior Hdfc. The CEO's salary of Highbridge Senior Hdfc is $0 and their total compensation is $302,532.
What is the revenue of Highbridge Senior Hdfc?
Highbridge Senior Hdfc's revenue in 2022 was $1,224,392.
Who are the executives of Highbridge Senior Hdfc and what are their salaries?
The average compensation at Highbridge Senior Hdfc during 2022 was $39,512. There are 4 employees at Highbridge Senior Hdfc.
Here are 7 key members and their salaries (Highbridge Senior Hdfc's CEO's salary is $0 and their total compensation is $302,532):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $302,532
- Other: $0
- Compensation: $0
- Related: $114,250
- Other: $0
Where can I find the form 990 for Highbridge Senior Hdfc?
Highbridge Senior Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Highbridge Senior Hdfc
Highbridge Senior HDFC is a dedicated nonprofit organization that focuses on providing housing solutions for low-income senior citizens. Their mission is centered around offering secure and affordable living accommodations, catering specifically to this demographic. By implementing housing programs, Highbridge Senior HDFC aims to enhance the quality of life for senior citizens, ensuring they have access to comfortable living spaces despite their financial constraints.
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Impact
October, 2024
Highbridge Senior HDFC significantly enhances the quality of life for low-income seniors in Bronx, NY, by providing affordable housing solutions. This organization addresses the crucial need for safe and stable living environments, allowing seniors to maintain independence while ensuring their basic housing needs are met. By focusing on affordable housing, Highbridge Senior HDFC plays a vital role in alleviating the challenges faced by economically vulnerable older adults, ultimately fostering a sense of community and support among residents. Through its dedicated programs, it not only offers shelter but also contributes to the overall well-being and dignity of senior citizens in the area.
This information is meant to be a general summary of Highbridge Senior 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: $1,354
- Program Service Revenue: $1,223,038
- Gross Receipts: $1,224,392
Assets and Liabilities:
- Total Assets: $4,189,471
- Total Liabilities: $10,073,395
- Net Assets: -$5,883,924
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$1,218,233
OTHER REVENUE
Revenue
$4,805
Organization Details
Founding Year
2001
Phone
(718) 293-3100Principal Officer
Msgr Donald Sakano
Main Address
1465 NELSON AVENUE RM/STE A, BRONX, NY, 10452
NTEE Category
Code: L21 - Housing
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