Overview
What is Bremond King Davis Housing Development Fund Company Inc?
Bremond King Davis Housing Development Fund Company Inc is a nonprofit organization situated in New York City. Its primary objective is to provide housing for individuals with low income, as there is a lack of adequate housing options for them in the area. To achieve this mission, the company operates a building that serves as a residence for these individuals. The organization was established with the intention of addressing this housing shortage on a non-profit basis, aiming to contribute positively to the community and ensure that everyone has access to decent living conditions.
Official website here: www.aafe.org
Is Bremond King Davis Housing Development Fund Company Inc legitimate?
Bremond King Davis Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bremond King Davis Housing Development Fund Company Inc 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: $111,554
For more financial information, click here
Official website here: www.aafe.org
What is the mission statement of Bremond King Davis Housing Development Fund Company Inc?
The Bremond King Davis Housing Development Fund Company Inc was established with a primary purpose. This purpose involves developing and operating a housing project on a non-profit basis, specifically catering to individuals of low income. This project aims to address a pressing issue in certain communities, as adequate housing for such individuals is currently lacking. The organization's activities primarily revolve around operating a building that provides housing solutions for these individuals.
Official website here: www.aafe.org
Who is the CEO of Bremond King Davis Housing Development Fund Company Inc?
Thomas Yu is the Secretary of Bremond King Davis Housing Development Fund Company Inc.
Official website here: www.aafe.org
What is the revenue of Bremond King Davis Housing Development Fund Company Inc?
Bremond King Davis Housing Development Fund Company Inc's revenue in 2022 was $958,111.
Official website here: www.aafe.org
Who are the executives of Bremond King Davis Housing Development Fund Company Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $163,579
- Other: $13,682
- Compensation: $0
- Related: $160,060
- Other: $40,689
- Compensation: $0
- Related: $142,982
- Other: $43,741
- Compensation: $0
- Related: $268,262
- Other: $53,087
- Compensation: $0
- Related: $96,262
- Other: $10,776
Official website here: www.aafe.org
Where can I find the form 990 for Bremond King Davis Housing Development Fund Company Inc?
Bremond King Davis Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aafe.org
Learn more at the official website: www.aafe.org
Mission Statement of Bremond King Davis Housing Development Fund Company Inc
Bremond King Davis Housing Development Fund Company, a non-profit organization, was established with a mission to address the housing needs of low-income individuals. Recognizing the absence of suitable housing options for this demographic in New York City, the company set out to develop and operate a housing project. This project aims to provide a much-needed home for those who struggle financially, ensuring they have a place to live comfortably and securely. The organization's programs primarily revolve around operating a building specifically designed for these low-income residents, offering them a place to call their own.
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Impact
October, 2024
Bremond King Davis Housing Development Fund Company Inc significantly impacts the community by addressing the critical shortage of adequate housing for low-income individuals in New York City. Through the development and operation of affordable housing projects, the organization provides a safe and stable living environment for those who might otherwise struggle to find suitable accommodations.
The initiative not only helps to alleviate housing insecurity but also fosters community development by enhancing the quality of life for its residents. By focusing on this underserved demographic, Bremond King Davis Housing Development Fund Company plays a crucial role in promoting social equity and improving the overall well-being of low-income families. Their efforts contribute to creating a more inclusive city, where individuals have access to essential living resources and opportunities for a better future.
This information is meant to be a general summary of Bremond King Davis Housing Development Fund Company Inc. 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: $9,938
- Program Service Revenue: $947,367
- Gross Receipts: $958,111
Assets and Liabilities:
- Total Assets: $4,629,539
- Total Liabilities: $5,988,361
- Net Assets: -$1,358,822
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$854,966
BAD DEBT RECOVERY
Revenue
$78,374
COMMERCIAL RENT
Revenue
$14,027
Organization Details
Founding Year
2019
Phone
(212) 964-2288Principal Officer
Thomas Yu
Main Address
108 NORFOLK GROUND FL, NEW YORK, NY, 10002
Website
www.aafe.orgNTEE Category
Code: Z99 - Unknown
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