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Daly 180 Housing Development Fund Corporation

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

EIN: 462496701 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Daly 180 Housing Development Fund Corporation?

Daly 180 Housing Development Fund Corporation is a nonprofit organization established with the mission to manage and operate an 84-unit residential building in Bronx, New York. This building is specifically designed for individuals with low income, providing them with affordable housing options. The corporation's primary focus is on serving this particular demographic, ensuring they have access to comfortable living spaces within their means.

Is Daly 180 Housing Development Fund Corporation legitimate?

Daly 180 Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Daly 180 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: $136,822

For more financial information, click here

What is the mission statement of Daly 180 Housing Development Fund Corporation?

The Daly 180 Housing Development Fund Corporation was established with the objective of providing housing solutions for individuals of low-income. Specifically, they manage and operate an 84-unit residential building situated in New York City. The corporation's mission is centered around providing affordable housing, catering to this specific demographic.

Who is the CEO of Daly 180 Housing Development Fund Corporation?

Brian Bricker is the President of Daly 180 Housing Development Fund Corporation.

What is the revenue of Daly 180 Housing Development Fund Corporation?

Daly 180 Housing Development Fund Corporation's revenue in 2022 was $1,642,965.

Who are the executives of Daly 180 Housing Development Fund Corporation and what are their salaries?

The average compensation at Daly 180 Housing Development Fund Corporation during 2022 was $27,364. There are 5 employees and 1 volunteer at Daly 180 Housing Development Fund Corporation.


Here are 6 key members and their salaries:


Adam Weinstein (President)
  • Compensation: $0
  • Related: $791,174
  • Other: $162,104
James Robert Pigott Jr'S (Vice President And Secretary)
  • Compensation: $0
  • Related: $330,476
  • Other: $74,903
Brian Bricker (Treasurer)
  • Compensation: $0
  • Related: $302,845
  • Other: $69,987
Bart Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Kelly (Vice President)
  • Compensation: $0
  • Related: $326,830
  • Other: $74,122
Michael Wadman (Vice President)
  • Compensation: $0
  • Related: $301,098
  • Other: $58,003
Where can I find the form 990 for Daly 180 Housing Development Fund Corporation?

Daly 180 Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Daly 180 Housing Development Fund Corporation

Daly 180 Housing Development Fund Corporation, as established, aims to serve the community by owning and managing an 84-unit residential building, specifically catering to individuals of low income. Their mission is centered around providing affordable housing, ensuring that those in need have a suitable living space within their means. By owning and operating this building, the corporation seeks to contribute positively to the community, offering a housing solution for individuals who may otherwise struggle to secure affordable housing.

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Impact




October, 2024

Daly 180 Housing Development Fund Corporation plays a vital role in addressing the housing needs of low-income individuals in the Bronx, New York. By owning and operating an 84-unit residential building, it provides essential affordable housing opportunities to community members who may otherwise struggle to find safe and stable housing.

This development not only mitigates housing insecurity but also fosters a sense of community among residents. By ensuring that quality housing is accessible, Daly 180 contributes to the overall well-being of families and individuals, enhancing their ability to thrive in a supportive environment. The presence of such a facility in the Bronx helps stimulate local economic growth and promotes social equity, making a significant positive impact on the neighborhood.




This information is meant to be a general summary of Daly 180 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
$1,642,965 (2022)
Expenses
$2,028,135 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $61
  • Program Service Revenue: $1,634,574
  • Gross Receipts: $1,642,965

Assets and Liabilities:

  • Total Assets: $6,067,612
  • Total Liabilities: $6,737,876
  • Net Assets: -$670,264

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Programs

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

RENTAL INCOME

Revenue

$1,632,603

TENANT CHARGES

Revenue

$1,971

Organization Details

Founding Year

2013

Principal Officer

Brian Bricker

Main Address

902 BROADWAY 13TH FLOOR, NEW YORK, NY, 100106033

NTEE Category

Code: L20 - Housing

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