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1650 Blhc Services Corp

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

EIN: 202031443 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is 1650 Blhc Services Corp?

1650 Blhc Services Corp is a nonprofit organization situated in the Bronx, New York. Their primary mission is to offer housing support for employees and programs associated with Bronxcare Health System and Bronxcare Dr. Martin Luther King, Jr. Health Center. Specifically, they provided housing for 72 employees, contributing to their overall operations. The goal of this housing initiative is to strengthen the organization and its workforce, thereby enhancing the healthcare services they provide to the community.

Is 1650 Blhc Services Corp legitimate?

1650 Blhc Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1650 Blhc Services Corp 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: $262,444

For more financial information, click here

What is the mission statement of 1650 Blhc Services Corp?

1650 Blhc Services Corp's mission is centered around providing housing support for the employees and programs at two health centers: Bronxcare Health System and Bronxcare Dr. Martin Luther King, Jr. Health Center. Their primary objective is to enhance the operational capabilities of these health centers by offering suitable housing accommodations for their staff. The organization successfully provided housing for 72 employees, thereby contributing to the smooth functioning of these healthcare facilities.

Who is the CEO of 1650 Blhc Services Corp?

Victor G Demarco is the President And Ceo of 1650 Blhc Services Corp. The CEO's salary of 1650 Blhc Services Corp is $0 and their total compensation is $2,351,398.

What is the revenue of 1650 Blhc Services Corp?

1650 Blhc Services Corp's revenue in 2022 was $3,487,316.

Who are the executives of 1650 Blhc Services Corp and what are their salaries?

The average compensation at 1650 Blhc Services Corp during 2022 was $87,481. There are 3 employees and 1 volunteer at 1650 Blhc Services Corp.


Here are 3 key members and their salaries (1650 Blhc Services Corp's CEO's salary is $0 and their total compensation is $2,351,398):


Miguel A Fuentes Jr (President And Ceo)
  • Compensation: $0
  • Related: $2,291,637
  • Other: $59,761
Victor G Demarco (Senior Vice President And Cfo)
  • Compensation: $0
  • Related: $1,079,496
  • Other: $61,261
Michelle A Dreyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for 1650 Blhc Services Corp?

1650 Blhc Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of 1650 Blhc Services Corp

1650 Blhc Services Corp, a nonprofit organization, is committed to providing housing support for the employees and programs at Bronxcare Health System and Bronxcare Dr. Martin Luther King, Jr. Health Center. Their mission is to enhance the living conditions and well-being of these individuals, thereby fostering a more productive and effective work environment within these healthcare facilities. By operating apartment housing in the Bronx, New York, they were able to accommodate 72 employees, providing them with a stable living situation that allows them to focus on their roles and responsibilities within the healthcare system.

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Impact




October, 2024

1650 Blhc Services Corp plays a crucial role in bolstering the workforce and operational capacity of the BronxCare Health System and BronxCare Dr. Martin Luther King, Jr. Health Center by providing essential housing solutions. By operating apartment housing in the Bronx, the organization supports 72 employees, ensuring they have a stable living environment close to their workplaces.

This impact not only enhances job satisfaction and retention among healthcare professionals but also contributes to overall employee well-being. Having convenient access to housing allows staff to focus more on their vital roles in delivering healthcare services to the community, improving patient care and strengthening the healthcare system in the Bronx. The organization's commitment to housing underpins the effectiveness and efficiency of healthcare services, facilitating a robust support system for both employees and the patients they serve.




This information is meant to be a general summary of 1650 Blhc Services Corp. 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
$3,487,316 (2022)
Expenses
$2,943,490 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $143
  • Program Service Revenue: $3,487,173
  • Gross Receipts: $3,487,316

Assets and Liabilities:

  • Total Assets: $24,457,135
  • Total Liabilities: $17,940,549
  • Net Assets: $6,516,586

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Programs

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

RENTAL INCOME

Revenue

$3,487,173

Organization Details

Founding Year

2004

Principal Officer

Victor G Demarco

Main Address

1276 FULTON AVENUE, BRONX, NY, 10456

NTEE Category

Code: L21 - Housing

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