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Highbridge-Tpt Housing Development Fund Corporation

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

EIN: 205262130 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Highbridge-Tpt Housing Development Fund Corporation?

Highbridge-Tpt Housing Development Fund Corporation is a nonprofit organization dedicated to addressing housing needs within the low-income community, specifically focusing on seniors. Based in the Bronx, New York, they operate public housing facilities to provide suitable living spaces. Their primary mission is to construct and manage affordable housing options, catering specifically to this population segment. By doing so, they contribute to the local community by ensuring that elderly individuals have access to decent housing.

Is Highbridge-Tpt Housing Development Fund Corporation legitimate?

Highbridge-Tpt Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highbridge-Tpt Housing Development Fund Corporation 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: $8,385

For more financial information, click here

What is the mission statement of Highbridge-Tpt Housing Development Fund Corporation?

Highbridge-Tpt Housing Development Fund Corporation is dedicated to constructing housing units for individuals with low income. Their primary objective is to offer housing solutions, specifically focusing on senior citizens, through the operation of public housing facilities. The corporation's mission is to provide a comfortable living environment for those who may not otherwise have access to such accommodations. By building and managing these facilities, Highbridge-Tpt Housing Development Fund Corporation aims to contribute positively to the community and provide essential housing services to those in need.

Who is the CEO of Highbridge-Tpt Housing Development Fund Corporation?

Msgr Donald Sakano is the Chairman of Highbridge-Tpt Housing Development Fund Corporation. The CEO's salary of Highbridge-Tpt Housing Development Fund Corporation is $0 and their total compensation is $302,532.

What is the revenue of Highbridge-Tpt Housing Development Fund Corporation?

Highbridge-Tpt Housing Development Fund Corporation's revenue in 2022 was $186,872.

Who are the executives of Highbridge-Tpt Housing Development Fund Corporation and what are their salaries?


Here are 7 key members and their salaries (Highbridge-Tpt Housing Development Fund Corporation'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
Rev Joseph Franco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Browne (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 Highbridge-Tpt Housing Development Fund Corporation?

Highbridge-Tpt Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Highbridge-Tpt Housing Development Fund Corporation

Highbridge-Tpt Housing Development Fund Corporation, a nonprofit organization, is dedicated to constructing affordable housing for individuals with low income. Beyond just building homes, this corporation also offers housing solutions for senior citizens through its public facilities situated in the Bronx, New York. By providing low-income housing, this organization plays a significant role in ensuring that everyone has a place to call home, regardless of their financial situation.

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Impact




October, 2024

Highbridge-Tpt Housing Development Fund Corporation has a significant impact on the community by addressing the critical need for affordable housing in the Bronx, NY. By focusing on the construction of low-income housing, the organization directly contributes to improving living conditions for vulnerable populations, particularly low-income seniors.

Through its public housing facilities, Highbridge-Tpt ensures that those who may otherwise struggle to find safe and affordable living arrangements have access to essential housing. This initiative not only enhances the quality of life for its residents but also fosters community stability and inclusivity.

Additionally, by providing housing solutions, the organization plays a vital role in alleviating some of the pressures of urban living in New York City, where affordable housing shortages pose significant challenges. The impact of Highbridge-Tpt extends beyond just the physical buildings; it contributes to social well-being and economic resilience in the Bronx.




This information is meant to be a general summary of Highbridge-Tpt Housing Development Fund Corporation. 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
$186,872 (2022)
Expenses
$297,375 (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: $186,872
  • Gross Receipts: $186,872

Assets and Liabilities:

  • Total Assets: $2,458,173
  • Total Liabilities: $3,404,400
  • Net Assets: -$946,227

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Programs

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

RENTAL INCOME

Revenue

$186,872

Organization Details

Principal Officer

Msgr Donald Sakano

Main Address

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

NTEE Category

Code: L20 - Housing

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