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University Avenue Senior Hdfc

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

EIN: 200638650 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is University Avenue Senior Hdfc?

University Avenue Senior HDFC is a nonprofit organization with a mission to provide housing for low-income senior citizens. Although the information provided is limited, it suggests that this organization plays a vital role in addressing the housing needs of elderly individuals with limited resources. By operating within this niche, University Avenue Senior HDFC contributes to the well-being and stability of its community by providing a safe and secure living environment for its beneficiaries.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 79% (Three-Star out of Four Stars)

University Avenue Senior Hdfc has received a Three-Star rating from Charity Navigator, reflecting a solid overall performance primarily in the area of Accountability & Finance. This rating is significant as it highlights the organization's commitment to transparency and responsible financial management, which is essential for maintaining donor trust and supporting its mission effectively.

The nonprofit demonstrates strengths across various metrics, including a 94.14% program expense ratio, indicating that a significant portion of its funds is directed toward its programs rather than administrative overhead. Additionally, the organization has an independent board comprising 100% members, indicating a strong governance structure. The presence of comprehensive policies, such as conflict of interest and whistleblower policies, further underscores its commitment to ethical practices.

However, while the organization excels in accountability, the single-focus score might suggest limited diversity in assessing its impact and effectiveness in other areas. Continuous monitoring and improvement in program outcomes could enhance its overall rating in the future.


This AI summary has been generated from information found on Charity Navigator.

Is University Avenue Senior Hdfc legitimate?

University Avenue Senior Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Avenue 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: $169,374

For more financial information, click here

What is the mission statement of University Avenue Senior Hdfc?

University Avenue Senior HDFC's primary mission is to offer housing solutions for individuals with low income who are seniors. This organization is dedicated to providing a living space that caters to the needs of this specific demographic. By offering housing, they aim to contribute positively to their community and ensure that senior citizens have a suitable living environment, regardless of their financial situation. However, due to the limited information provided, the specific activities or additional support services offered by this organization remain unclear.

Who is the CEO of University Avenue Senior Hdfc?

Msgr Donald Sakano is the Chairman of University Avenue Senior Hdfc. The CEO's salary of University Avenue Senior Hdfc is $0 and their total compensation is $302,532.

What is the revenue of University Avenue Senior Hdfc?

University Avenue Senior Hdfc's revenue in 2022 was $1,221,151.

Who are the executives of University Avenue Senior Hdfc and what are their salaries?

The average compensation at University Avenue Senior Hdfc during 2022 was $42,344. There are 4 employees at University Avenue Senior Hdfc.


Here are 7 key members and their salaries (University Avenue Senior Hdfc's CEO's salary is $0 and their total compensation is $302,532):


Msgr Donald Sakano (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Mark Cregan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Browne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Joseph Franco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Singleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kobina Arhin (Svp/Ceo)
  • Compensation: $0
  • Related: $302,532
  • Other: $0
Simone O Brisco (Controller)
  • Compensation: $0
  • Related: $114,250
  • Other: $0
Where can I find the form 990 for University Avenue Senior Hdfc?

University Avenue Senior Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of University Avenue Senior Hdfc

University Avenue Senior HDFC, as its name suggests, is dedicated to providing housing for low-income senior citizens. Its mission is centered around ensuring that this vulnerable population has a secure and comfortable living environment. This nonprofit organization strives to make a significant difference in the lives of these seniors by offering them a place to call home. It is committed to upholding the dignity and independence of these seniors, providing them with a sense of security and stability that they may not otherwise have. The work of University Avenue Senior HDFC is essential in addressing the housing needs of low-income seniors, thereby enhancing their overall quality of life.

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Impact




October, 2024

University Avenue Senior HDFC plays a vital role in addressing the housing needs of low-income seniors in the Bronx, NY. By providing affordable housing options, it helps ensure that this vulnerable population has a safe and stable place to live. This initiative not only alleviates the financial burden on seniors but also fosters a sense of community and belonging. The presence of such housing contributes to improved quality of life for residents, allowing them to age in place with dignity and support. Additionally, it can reduce homelessness and housing insecurity among seniors, making a significant difference in their overall well-being.




This information is meant to be a general summary of University Avenue 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.

Revenue
$1,221,151 (2022)
Expenses
$1,705,048 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $271
  • Program Service Revenue: $1,220,880
  • Gross Receipts: $1,221,151

Assets and Liabilities:

  • Total Assets: $6,370,745
  • Total Liabilities: $13,171,499
  • Net Assets: -$6,800,754

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Programs

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

RENTAL INCOME

Revenue

$1,216,548

LAUNDRY AND VENDING

Revenue

$4,332

Organization Details

Principal Officer

Msgr Donald Sakano

Main Address

1465 NELSON AVENUE RM/STE A, BRONX, NY, 10452

NTEE Category

Code: L22 - Housing

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