Overview
What is 479 Courtlandt Avenue Housing Development Fund Corporation?
479 Courtlandt Avenue Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York. Their primary focus is on providing and managing affordable housing for individuals with low income, utilizing funds from the city of New York. The company owns and operates these residential properties in the South Bronx area, ensuring that the community has access to suitable housing options. With a staff of four dedicated individuals, they work tirelessly to maintain the quality of their facilities and serve the needs of their residents.
Is 479 Courtlandt Avenue Housing Development Fund Corporation legitimate?
479 Courtlandt Avenue Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. 479 Courtlandt Avenue 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: $40,684
For more financial information, click here
What is the mission statement of 479 Courtlandt Avenue Housing Development Fund Corporation?
The 479 Courtlandt Avenue Housing Development Fund Corporation is dedicated to managing and operating affordable housing units. Their primary focus is on serving low-income individuals in an unspecified location. Initially, they financed the construction of such housing units in an undisclosed area. The company's mission is centered around providing housing solutions for those with limited financial resources.
Who is the CEO of 479 Courtlandt Avenue Housing Development Fund Corporation?
Salvatore Gigante is the Chair of 479 Courtlandt Avenue Housing Development Fund Corporation.
What is the revenue of 479 Courtlandt Avenue Housing Development Fund Corporation?
479 Courtlandt Avenue Housing Development Fund Corporation's revenue in 2022 was $365,986.
Who are the executives of 479 Courtlandt Avenue Housing Development Fund Corporation and what are their salaries?
The average compensation at 479 Courtlandt Avenue Housing Development Fund Corporation during 2022 was $10,171. There are 4 employees at 479 Courtlandt Avenue Housing Development Fund Corporation.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $800
- Other: $0
- Compensation: $0
- Related: $800
- Other: $0
- Compensation: $0
- Related: $216,439
- Other: $0
- Compensation: $0
- Related: $133,882
- Other: $0
Where can I find the form 990 for 479 Courtlandt Avenue Housing Development Fund Corporation?
479 Courtlandt Avenue Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 479 Courtlandt Avenue Housing Development Fund Corporation
The 479 Courtlandt Avenue Housing Development Fund Corporation is committed to owning and managing low-income housing in its mission. Located in an unspecified area, this organization utilizes funds from New York City to construct and maintain affordable housing options for its residents. By providing this essential service, 479 Courtlandt Avenue Housing Development Fund Corporation contributes to the well-being of its community by ensuring that individuals with limited financial resources have access to safe and secure living spaces.
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Impact
October, 2024
479 Courtlandt Avenue Housing Development Fund Corporation plays a crucial role in addressing the housing needs of low-income residents in the South Bronx. By constructing and operating affordable housing units, it helps to alleviate housing insecurity in a region that often faces economic challenges. The organization's efforts contribute to community stability, providing families with safe and reliable housing options.
The company utilizes funds from New York City to finance its projects, ensuring that the properties meet the affordable housing demands in the area. This not only supports individual households but also fosters a sense of community by bringing together diverse residents in a supportive living environment. Through its commitment to affordable housing, 479 Courtlandt Avenue Housing Development Fund Corporation enhances the overall quality of life in the South Bronx and contributes to the broader goal of creating sustainable and equitable urban development.
This information is meant to be a general summary of 479 Courtlandt Avenue 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,847
- Program Service Revenue: $363,139
- Gross Receipts: $365,986
Assets and Liabilities:
- Total Assets: $2,058,606
- Total Liabilities: $2,211,880
- Net Assets: -$153,274
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$363,139
Organization Details
Founding Year
2013
Phone
(347) 726-2547Principal Officer
Salvatore Gigante
Main Address
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY, 10455
NTEE Category
Code: L02 - Housing
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