Cow Bay Hdfc

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

EIN: 221985411 ✦ Port washington, NY ✦ Designated as a 501(c)(4)

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Overview

What is Cow Bay Hdfc?

Cow Bay HDFC is a nonprofit organization situated in Port Washington, New York, specifically at Building 2 Bay Green Lane. Its primary mission is to offer affordable housing solutions for low-income families. With a small workforce of one individual, this organization is dedicated to providing housing opportunities for people who struggle financially. Its main activity revolves around offering housing assistance to those in need, contributing positively to the community by making housing more accessible.

Is Cow Bay Hdfc legitimate?

Cow Bay Hdfc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Cow Bay 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: $97,162
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,704

For more financial information, click here

What is the mission statement of Cow Bay Hdfc?

Cow Bay Hdfc's primary mission is centered around providing housing opportunities for individuals of low income. The organization's main exempt purpose is to cater to this specific housing need, ensuring affordability for low-income families. In essence, Cow Bay Hdfc strives to make housing a more accessible and affordable option for those who may otherwise struggle to secure suitable living spaces. The organization's activities are geared towards facilitating this goal.

Who is the CEO of Cow Bay Hdfc?

Alejandro Martinez is the Board President of Cow Bay Hdfc.

What is the revenue of Cow Bay Hdfc?

Cow Bay Hdfc's revenue in 2022 was $2,349,839.

Who are the executives of Cow Bay Hdfc and what are their salaries?

The average compensation at Cow Bay Hdfc during 2022 was $181,866. There is 1 employee at Cow Bay Hdfc.


Here are 4 key members and their salaries:


Alejandro Martinez (Board President)
  • Compensation: $300
  • Related: $0
  • Other: $0
Beverly Fleming (Secretary)
  • Compensation: $300
  • Related: $0
  • Other: $0
Blanca Fabian (Treasurer)
  • Compensation: $212
  • Related: $0
  • Other: $0
Brian G Staley Sr (Executive Director)
  • Compensation: $96,350
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cow Bay Hdfc?

Cow Bay Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cow Bay Hdfc

Cow Bay HDFC, as a nonprofit organization, is committed to a noble mission. Its primary objective is to serve individuals of modest means by providing them with affordable housing options. This mission is an essential part of the organization's exempt purpose, aimed at improving the living conditions of low-income families. By offering housing solutions, Cow Bay HDFC contributes to the well-being of its community, providing a much-needed service to those who may otherwise struggle to secure suitable and affordable housing.

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Impact




October, 2024

Cow Bay HDFC plays a critical role in addressing the housing needs of low-income families in Port Washington, NY. By focusing on providing affordable housing, the organization helps to alleviate the financial burden faced by individuals and families struggling to secure safe and stable living conditions.

The impact of Cow Bay HDFC extends beyond mere shelter; it fosters community stability and enhances the quality of life for residents. Access to affordable housing allows families to allocate their financial resources toward education, healthcare, and other essential services, promoting overall well-being and societal advancement.

Additionally, by creating and maintaining sustainable housing options, Cow Bay HDFC contributes to the local economy by encouraging community development and inclusivity, ensuring that all residents have a place to call home. This mission not only supports those in need but also strengthens the entire community fabric.




This information is meant to be a general summary of Cow Bay 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
$2,349,839 (2022)
Expenses
$2,262,937 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,080
  • Gross Receipts: $2,349,839

Assets and Liabilities:

  • Total Assets: $10,321,235
  • Total Liabilities: $8,915,454
  • Net Assets: $1,405,781

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Organization Details

Founding Year

1969

Principal Officer

Alejandro Martinez

Main Address

BUILDING 2 BAY GREEN LANE, PORT WASHINGTON, NY, 11050

NTEE Category

Code: L21 - Housing

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