Overview
What is Diego Beekman Mutual Housing Association Housing Development Fund Corporation?
The Diego Beekman Mutual Housing Association Housing Development Fund Corporation is a nonprofit organization located in the Bronx, New York, at 298 Cypress Avenue. Their primary mission is to provide quality affordable housing for families with low to moderate income. They own and manage 38 buildings encompassing 1,238 apartments. Their purpose is to ensure accessible housing for those in need. The organization has a workforce of 103 employees dedicated to this cause.
Official website here: www.diegobeekman.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Stars)
Diego Beekman Mutual Housing Association Housing Development Fund Corporation has received an impressive Four-Star rating from Charity Navigator, reflecting a strong focus on accountability and finance. The overall score is solely derived from the Accountability & Finance beacon, indicating the organization’s commitment to transparent financial practices.
The nonprofit boasts a high percentage of independent board members, with 80% of its board comprised of individuals not affiliated with the organization, which enhances its governance. Additionally, the organization has demonstrated effective financial oversight through its audit and oversight committee, ensuring robust management of resources without any material diversions of assets.
Despite its strong performance in financial metrics, the organization’s rating highlights that it primarily focuses on accountability and finance without additional beacons, such as impact or transparency, being factored into the score. However, the high program expense ratio of 78.33% indicates that a substantial portion of its resources is directed toward its mission-driven initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Diego Beekman Mutual Housing Association Housing Development Fund Corporation legitimate?
Diego Beekman Mutual Housing Association Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Diego Beekman Mutual Housing Association 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: $252,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,505,959
For more financial information, click here
Official website here: www.diegobeekman.com
What is the mission statement of Diego Beekman Mutual Housing Association Housing Development Fund Corporation?
The Diego Beekman Mutual Housing Association Housing Development Fund Corporation is committed to providing affordable housing solutions for families with moderate income levels. Their primary mission revolves around offering quality housing units to cater to this demographic. With a portfolio consisting of 38 buildings and a total of 1,238 apartments, the organization has made significant strides in addressing the housing needs of those with moderate income. The ultimate goal is to ensure that families can access decent and affordable housing, enhancing their overall quality of life.
Official website here: www.diegobeekman.com
Who is the CEO of Diego Beekman Mutual Housing Association Housing Development Fund Corporation?
Arline Parks is the Vice Chair & Ceo of Diego Beekman Mutual Housing Association Housing Development Fund Corporation. The CEO's salary of Diego Beekman Mutual Housing Association Housing Development Fund Corporation is $218,698 and their total compensation is $252,664.
Official website here: www.diegobeekman.com
What is the revenue of Diego Beekman Mutual Housing Association Housing Development Fund Corporation?
Diego Beekman Mutual Housing Association Housing Development Fund Corporation's revenue in 2022 was $30,092,590.
Official website here: www.diegobeekman.com
Who are the executives of Diego Beekman Mutual Housing Association Housing Development Fund Corporation and what are their salaries?
The average compensation at Diego Beekman Mutual Housing Association Housing Development Fund Corporation during 2022 was $46,200. There are 103 employees and 4 volunteers at Diego Beekman Mutual Housing Association Housing Development Fund Corporation.
Here are 9 key members and their salaries (Diego Beekman Mutual Housing Association Housing Development Fund Corporation's CEO's salary is $218,698 and their total compensation is $252,664):
- Compensation: $218,698
- Related: $0
- Other: $33,966
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $127,965
- Related: $0
- Other: $4,235
- Compensation: $109,688
- Related: $0
- Other: $19,561
- Compensation: $113,221
- Related: $0
- Other: $1,447
- Compensation: $113,960
- Related: $0
- Other: $875
Official website here: www.diegobeekman.com
Where can I find the form 990 for Diego Beekman Mutual Housing Association Housing Development Fund Corporation?
Diego Beekman Mutual Housing Association Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.diegobeekman.com
Learn more at the official website: www.diegobeekman.com
Mission Statement of Diego Beekman Mutual Housing Association Housing Development Fund Corporation
Diego Beekman Mutual Housing Association Housing Development Fund Corporation, a notable nonprofit organization, is dedicated to providing quality affordable housing for families with moderate income. The organization's mission is to make a difference in the lives of these families by offering them a place to call home that fits within their budget.
The Diego Beekman Mutual Housing Association Housing Development Fund Corporation owns a total of 38 buildings, which collectively house 1,238 apartments. These apartments provide a crucial solution for individuals and families who might otherwise struggle to find affordable housing. By prioritizing affordability, the organization allows its residents to focus on other aspects of their lives, such as education, employment, and personal growth.
The organization's commitment to quality is evident in the well-maintained buildings it manages. By providing safe, clean, and comfortable living spaces, Diego Beekman Mutual Housing Association Housing Development Fund Corporation ensures that its residents have a solid foundation on which to build their futures. The organization's dedication to its mission not only benefits its residents but also contributes to the overall health and stability of the communities it serves.
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Impact
October, 2024
Diego Beekman Mutual Housing Association Housing Development Fund Corporation significantly contributes to the community by providing quality affordable housing for low and moderate-income families in the Bronx, NY. With ownership of 38 buildings comprising 1,238 apartments, the organization plays a crucial role in alleviating housing insecurity and enhancing the living conditions of its residents. By focusing on creating accessible living spaces, it fosters stability and opportunity for families that might otherwise struggle to find suitable housing. This initiative not only supports individuals and families in need but also strengthens the overall community by promoting diversity and inclusivity in the housing market. Through its efforts, Diego Beekman acts as an essential pillar in addressing the affordable housing crisis, ensuring that families have a safe and welcoming place to call home.
This information is meant to be a general summary of Diego Beekman Mutual Housing Association 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $106,721
- Program Service Revenue: $21,280,325
- Gross Receipts: $30,179,399
Assets and Liabilities:
- Total Assets: $62,076,624
- Total Liabilities: $32,009,760
- Net Assets: $30,066,864
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$21,280,325
Organization Details
Founding Year
2001
Phone
(718) 292-9222Principal Officer
Arline Parks
Main Address
298 CYPRESS AVENUE, BRONX, NY, 10454
Website
www.diegobeekman.comNTEE Category
Code: L20 - Housing
If you are a representative of Diego Beekman Mutual Housing Association Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.