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Abraham Apartments Housing Development Fund Corporation

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

EIN: 463742490 ✦ Bronx, NY ✦ Designated as a 501(c)(3)

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Overview

What is Abraham Apartments Housing Development Fund Corporation?

Abraham Apartments Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York, specifically at 770 EAST 176 ST. Their primary mission is to provide affordable housing to low-income residents in the South Bronx area. They strive to enhance the community by offering not just housing but also essential social services. Their core activity involves constructing and maintaining clean, affordable living spaces for individuals who might otherwise struggle to find affordable housing. By doing so, Abraham Apartments Housing Development Fund Corporation contributes to the betterment of the South Bronx community.

Is Abraham Apartments Housing Development Fund Corporation legitimate?

Abraham Apartments Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abraham Apartments 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: $0

For more financial information, click here

What is the mission statement of Abraham Apartments Housing Development Fund Corporation?

Abraham Apartments Housing Development Fund Corporation's mission is centered around providing affordable housing solutions. Specifically, they aim to offer clean and reasonably priced living spaces to individuals with low incomes. Beyond just housing, they also provide essential social services to enhance the quality of life for these residents. Their work is focused on the Bronx area in New York.

Who is the CEO of Abraham Apartments Housing Development Fund Corporation?

Debbian Fletcher-Blake is the Director of Abraham Apartments Housing Development Fund Corporation. The CEO's salary of Abraham Apartments Housing Development Fund Corporation is $0 and their total compensation is $376,981.

What is the revenue of Abraham Apartments Housing Development Fund Corporation?

Abraham Apartments Housing Development Fund Corporation's revenue in 2022 was $271,167.

Who are the executives of Abraham Apartments Housing Development Fund Corporation and what are their salaries?

There 6 volunteers at Abraham Apartments Housing Development Fund Corporation.


Here are 8 key members and their salaries (Abraham Apartments Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $376,981):


Jodi Sturgeon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Nero (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Gogliormella (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Seth Townsend (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Trust Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zenali Tirado (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbian Fletcher-Blake (President/Ceo)
  • Compensation: $0
  • Related: $345,130
  • Other: $31,851
Frank Kploanyi (Cfo)
  • Compensation: $0
  • Related: $237,803
  • Other: $27,026
Where can I find the form 990 for Abraham Apartments Housing Development Fund Corporation?

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

Mission Statement of Abraham Apartments Housing Development Fund Corporation

Abraham Apartments Housing Development Fund Corporation is dedicated to providing affordable housing solutions for low-income residents. Their mission is to ensure that residents in the South Bronx, New York, have access to clean and reasonably priced housing. Beyond offering housing, this organization also extends social services to its residents, aiming to support and improve their overall quality of life.

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Impact




October, 2024

Abraham Apartments Housing Development Fund Corporation plays a crucial role in addressing the housing needs of low-income residents in the South Bronx, New York. By providing clean and affordable housing, it directly impacts the quality of life for individuals and families who may otherwise struggle to secure stable living conditions.

The organization not only focuses on housing but also offers essential social services, ensuring that residents have access to the support they need for their well-being and development. This holistic approach fosters a sense of community and empowers residents, allowing them to thrive in their environment.

In a region often challenged by economic disparities, the Corporation's efforts contribute to alleviating housing insecurity, promoting stability, and enhancing overall community health. Through its mission, Abraham Apartments Housing Development Fund Corporation helps pave the way for a brighter future for many families in the Bronx.




This information is meant to be a general summary of Abraham Apartments 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
$271,167 (2022)
Expenses
$368,046 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $8,354
  • Program Service Revenue: $262,813
  • Gross Receipts: $271,167

Assets and Liabilities:

  • Total Assets: $2,135,766
  • Total Liabilities: $2,636,187
  • Net Assets: -$500,421

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Programs

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

RENTAL INCOME

Revenue

$262,813

Organization Details

Founding Year

2014

Principal Officer

Debbian Fletcher-Blake

Main Address

770 EAST 176 ST, BRONX, NY, 10460

NTEE Category

Code: L40 - Housing

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