Overview
What is 62-66 West Tremont Hdfc?
62-66 West Tremont Hdfc is a nonprofit organization located in the Bronx, New York, specifically at 660 East 183rd Street. Its primary mission is to offer affordable housing opportunities for low-income and moderate-income families. The organization generates revenue through rental income from these occupants, covering administrative fees, utilities, repair and maintenance costs, taxes, and insurance. As of 2020, the project is still under construction. The nonprofit's activities are geared towards providing a comfortable living space for the community, ensuring the premises are efficiently operated and comply with regulations.
Official website here: www.belmontarthur.com
Is 62-66 West Tremont Hdfc legitimate?
62-66 West Tremont Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 62-66 West Tremont 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: $0
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Official website here: www.belmontarthur.com
What is the mission statement of 62-66 West Tremont Hdfc?
The mission of the organization associated with 62-66 West Tremont Hdfc is centered around providing housing opportunities for individuals with lower to moderate income levels within the community. This mission is achieved primarily through the generation of revenue from family-subsidized rentals occupying the property. The associated expenses cover administrative fees, utilities, repairs and maintenance, as well as taxes and insurance, ensuring the property is efficiently operated and complies with regulations. As of 2020, the project is still under construction.
Official website here: www.belmontarthur.com
Who is the CEO of 62-66 West Tremont Hdfc?
Consolato Cicciu is the President of 62-66 West Tremont Hdfc.
Official website here: www.belmontarthur.com
What is the revenue of 62-66 West Tremont Hdfc?
62-66 West Tremont Hdfc's revenue in 2022 was $0.
Official website here: www.belmontarthur.com
Who are the executives of 62-66 West Tremont Hdfc and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Official website here: www.belmontarthur.com
Where can I find the form 990 for 62-66 West Tremont Hdfc?
62-66 West Tremont Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.belmontarthur.com
Learn more at the official website: www.belmontarthur.com
Mission Statement of 62-66 West Tremont Hdfc
62-66 West Tremont Hdfc, as a nonprofit organization, is committed to providing affordable housing opportunities for individuals and families with low to moderate incomes. This mission is achieved by generating revenue through the provision of subsidized rental units within the property. The organization's primary source of income stems from these rentals, which is then used to cover administrative fees, utilities, repairs and maintenance, taxes, and insurance expenses. By efficiently managing these expenses, 62-66 West Tremont Hdfc ensures that it operates within regulations and provides a safe and comfortable living environment for its residents. As of 2020, the project is still under construction, indicating the organization's ongoing commitment to expanding its affordable housing offerings in the community.
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Impact
October, 2024
62-66 West Tremont HDFC positively impacts the community by providing low to moderate-income housing opportunities in the Bronx, New York. By offering affordable rental options, it helps residents secure stable living situations, which is crucial for fostering community well-being and economic stability. The revenue generated from subsidized rentals allows for the ongoing maintenance and operation of the property, ensuring that residents have a safe and comfortable environment. This initiative addresses the critical need for affordable housing in the area, contributing to the overall quality of life for the community. As the project continues to develop, it has the potential to further enhance the local housing landscape and support families in need.
This information is meant to be a general summary of 62-66 West Tremont 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $20,516,503
- Total Liabilities: $20,516,503
- Net Assets: $0
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Organization Details
Founding Year
2020
Principal Officer
Consolato Cicciu
Main Address
660 EAST 183RD STREET, BRONX, NY, 10458
Website
www.belmontarthur.comNTEE Category
Code: L20 - Housing
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