Overview
What is Urban Horizons Housing Development Fund Corporation?
Urban Horizons Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York, at 50 East 168th Street. Their primary mission is to provide affordable housing for families with low to moderate incomes. To achieve this, they own a multi-service complex, housing 132 residential units. Their workforce consists of 11 dedicated individuals, contributing to the betterment of their community by offering suitable housing solutions.
Is Urban Horizons Housing Development Fund Corporation legitimate?
Urban Horizons Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Urban Horizons 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: $247,066
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What is the mission statement of Urban Horizons Housing Development Fund Corporation?
Urban Horizons Housing Development Fund Corporation was established with a mission to provide housing for families falling under the low-income and moderate-income brackets. To fulfill this mission, the corporation formed a multi-service complex, which includes 132 residential units designed specifically for low-income families. The organization's primary activity involves the operation of these 132 residential units, providing affordable housing options for families in need. By offering housing solutions, Urban Horizons Housing Development Fund Corporation aims to contribute to the well-being and stability of these families, overall improving their living conditions.
Who is the CEO of Urban Horizons Housing Development Fund Corporation?
Davon Russell is the President of Urban Horizons Housing Development Fund Corporation.
What is the revenue of Urban Horizons Housing Development Fund Corporation?
Urban Horizons Housing Development Fund Corporation's revenue in 2022 was $1,698,939.
Who are the executives of Urban Horizons Housing Development Fund Corporation and what are their salaries?
The average compensation at Urban Horizons Housing Development Fund Corporation during 2022 was $22,461. There are 11 employees and 3 volunteers at Urban Horizons Housing Development Fund Corporation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $313,535
- Other: $24,917
- Compensation: $0
- Related: $12,692
- Other: $0
- Compensation: $0
- Related: $202,139
- Other: $14,170
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Urban Horizons Housing Development Fund Corporation?
Urban Horizons Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Urban Horizons Housing Development Fund Corporation
Urban Horizons Housing Development Fund Corporation, a nonprofit organization, was established with a mission to provide housing for families with low and moderate income. To accomplish this, the corporation formed a multi-service complex, which includes 132 residential units specifically designed for this demographic. This endeavor by Urban Horizons Housing Development Fund Corporation aims to offer affordable housing options, thereby contributing to the well-being and stability of families in need.
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Impact
October, 2024
Urban Horizons Housing Development Fund Corporation significantly impacts the Bronx, NY community by providing housing solutions for low and moderate-income families. By operating a multi-service complex that includes 132 residential units, the organization addresses the critical need for affordable housing in the area. This initiative helps stabilize families by offering secure and accessible living arrangements, fostering a sense of community, and promoting economic mobility. The existence of these residential units not only improves living conditions but also enhances the quality of life for many families, contributing to a healthier, more supportive environment in the Bronx.
This information is meant to be a general summary of Urban Horizons 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: $14,924
- Program Service Revenue: $1,543,035
- Gross Receipts: $1,698,939
Assets and Liabilities:
- Total Assets: $10,125,249
- Total Liabilities: $25,691,723
- Net Assets: -$15,566,474
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,543,035
Organization Details
Founding Year
2016
Phone
(718) 839-1100Principal Officer
Davon Russell
Main Address
50 EAST 168TH STREET, BRONX, NY, 10452
NTEE Category
Code: L20 - Housing
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