Overview
What is Hewit House Hdfc?
Hewit House Hdfc is a nonprofit organization situated in Brooklyn, New York, specifically at 465 Sterling Place, with a focus on providing affordable housing opportunities to individuals of low income within Kings County, Brooklyn. This limited partnership operates with the primary objective of addressing housing needs in the community, aiming to make a significant impact on local residents' lives.
Official website here: www.info@bnia.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star rating.
Hewit House Hdfc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and finance management. The organization demonstrates strong governance practices with a fully independent board and policies in place for conflicts of interest, whistleblowing, and document retention. These attributes reflect a commitment to transparency and responsible oversight.
Notably, the charity has a perfect program expense ratio, suggesting that all of its expenses are directed towards program services. However, the organization faces challenges with a liabilities to assets ratio of 143.22%, which raises concerns about its financial stability and may affect its ability to sustain operations in the long term.
Overall, while Hewit House Hdfc has established strong governance and a focused mission, potential donors should consider its financial liabilities when evaluating the organization's overall health and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Hewit House Hdfc legitimate?
Hewit House Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hewit House 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
For more financial information, click here
Official website here: www.info@bnia.org
What is the mission statement of Hewit House Hdfc?
Hewit House Hdfc, as a limited partnership, is committed to providing affordable housing for individuals of low income. This mission is carried out within the county of Brooklyn, New York. The organization's primary activity involves offering 99% ownership in this housing scheme, thereby making it accessible for those in financial need. By doing so, Hewit House Hdfc contributes to the betterment of the community by providing a vital living solution for its residents.
Official website here: www.info@bnia.org
Who is the CEO of Hewit House Hdfc?
Yahya Raji is the Director of Hewit House Hdfc.
Official website here: www.info@bnia.org
What is the revenue of Hewit House Hdfc?
Hewit House Hdfc's revenue in 2022 was $772,773.
Official website here: www.info@bnia.org
Who are the executives of Hewit House Hdfc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $98,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.info@bnia.org
Where can I find the form 990 for Hewit House Hdfc?
Hewit House Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.info@bnia.org
Learn more at the official website: www.info@bnia.org
Mission Statement of Hewit House Hdfc
Hewit House HDFC, a limited partnership, is dedicated to providing affordable housing for individuals of low income. The organization's mission is to contribute as a 99% owner in this partnership, aiming to make a significant impact in the housing sector. By doing so, Hewit House HDFC seeks to contribute to the well-being and stability of individuals who may otherwise struggle to secure suitable housing. The partnership's primary focus is on the community of Kings County, Brooklyn, NY, where it strives to make a difference in the lives of its residents.
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Impact
July, 2024
Hewit House Hdfc's impact is significant in providing affordable housing to low-income individuals in Brooklyn, NY. By owning 99% of a limited partnership that offers housing to those in need, Hewit House Hdfc plays a crucial role in addressing the housing challenges faced by low-income residents in Kings County. This organization's mission is to ensure that individuals with limited financial resources have access to safe and affordable housing options, thereby contributing to the overall well-being and stability of the community.
This information is meant to be a general summary of Hewit House 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.
- Investment Income: $31,515
- Program Service Revenue: $718,471
- Gross Receipts: $772,773
Assets and Liabilities:
- Total Assets: $3,297,642
- Total Liabilities: $4,723,194
- Net Assets: -$1,425,552
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$718,471
Organization Details
Founding Year
1989
Phone
(718) 773-4116Principal Officer
Yahya Raji
Main Address
465 STERLING PLACE, Brooklyn, NY, 11238
Website
www.info@bnia.orgNTEE Category
Code: L20 - Housing
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