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Fox Street Hdfc

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

EIN: 270333073 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Fox Street Hdfc?

Fox Street HDFC is a nonprofit organization situated in the Bronx, New York, specifically at 429 Brucker Boulevard 2nd Floor, 10455. Their primary focus is on providing affordable housing for individuals with low incomes, situated in the South Bronx area. Beyond housing, the organization offers social services to support their tenants. This holistic approach aims to improve the living conditions and overall well-being of those residing in the housing provided by Fox Street HDFC.

Is Fox Street Hdfc legitimate?

Fox Street Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fox Street 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: $70,283

For more financial information, click here

What is the mission statement of Fox Street Hdfc?

Fox Street Hdfc, as a company, is dedicated to providing low-income housing in a specific area, likely referring to the South Bronx. Beyond housing, they offer social services to their tenants, aiming to support their overall well-being. The company's mission is multifaceted, encompassing not just the provision of housing but also the delivery of necessary social assistance to its residents.

Who is the CEO of Fox Street Hdfc?

Salvatore Gigante is the Chair of Fox Street Hdfc.

What is the revenue of Fox Street Hdfc?

Fox Street Hdfc's revenue in 2022 was $427,862.

Who are the executives of Fox Street Hdfc and what are their salaries?

The average compensation at Fox Street Hdfc during 2022 was $70,283. There is 1 employee at Fox Street Hdfc.


Here are 4 key members and their salaries:


Enrico Boccia (Chair)
  • Compensation: $0
  • Related: $800
  • Other: $0
Carmen Reyes (Treasurer/Se)
  • Compensation: $0
  • Related: $800
  • Other: $0
Salvatore Gigante (Vice Preside)
  • Compensation: $0
  • Related: $216,439
  • Other: $0
Sonal Shah (Controller)
  • Compensation: $0
  • Related: $133,882
  • Other: $0
Where can I find the form 990 for Fox Street Hdfc?

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

Mission Statement of Fox Street Hdfc

Fox Street HDFC, as a nonprofit organization, is dedicated to providing low-income housing in addition to offering social services for its tenants in the South Bronx. The company's mission is multifaceted, encompassing both the provision of affordable housing and the delivery of essential social support services to its residents. By owning and operating these housing units, Fox Street HDFC aims to contribute to the overall well-being of its community, providing a secure living environment for individuals and families who may otherwise struggle to secure appropriate housing.

Beyond the physical housing, Fox Street HDFC also extends its commitment to its tenants by offering a range of social services. This holistic approach to supporting its residents allows the organization to address various needs, ensuring that the individuals living within its housing units have access to the resources they require for a fulfilling life. By providing these services, Fox Street HDFC is able to make a meaningful impact on the lives of its tenants, enabling them to focus on their personal and professional growth within a safe and supportive environment.

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Impact




October, 2024

Fox Street HDFC has a significant impact on the South Bronx community by providing essential low-income housing solutions. By owning and operating affordable residences, it addresses the critical need for stable housing in the area, which is crucial for the well-being of low-income families. Additionally, the organization enhances the quality of life for its tenants through the provision of various social services. These services can include support systems that help residents navigate challenges related to health, employment, and education, fostering a sense of community and empowerment. Overall, Fox Street HDFC plays a vital role in promoting stability, security, and support for those in need within the South Bronx.




This information is meant to be a general summary of Fox Street 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
$427,862 (2022)
Expenses
$437,487 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,110
  • Program Service Revenue: $421,752
  • Gross Receipts: $427,862

Assets and Liabilities:

  • Total Assets: $1,768,742
  • Total Liabilities: $2,487,844
  • Net Assets: -$719,102

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Programs

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

RENTAL INCOME

Revenue

$421,752

Organization Details

Founding Year

2009

Principal Officer

Salvatore Gigante

Main Address

429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455

NTEE Category

Code: L20 - Housing

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