Overview
What is Hb Foundation Inc?
Hb Foundation Inc is a nonprofit organization situated in the New York metropolitan area. Its primary objective is to support tax-exempt charter schools in the region by acquiring, developing, constructing, and maintaining real estate properties. The foundation also provides additional assistance to these schools, ensuring they have the necessary resources to operate effectively. In essence, Hb Foundation Inc plays a crucial role in facilitating the growth and success of charter schools in the New York metropolitan area.
Is Hb Foundation Inc legitimate?
Hb Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hb Foundation Inc submitted a form 990EZ, 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.
What is the mission statement of Hb Foundation Inc?
Hb Foundation Inc's primary mission is to support tax-exempt charter schools located in the New York metropolitan area. This is done by acquiring, developing, constructing, owning, leasing, operating, and maintaining real property assets for their benefit. Additionally, the foundation provides supplemental support to these schools to aid in their operations.
Who is the CEO of Hb Foundation Inc?
Rosa Mercado is the Secretary of Hb Foundation Inc.
What is the revenue of Hb Foundation Inc?
Hb Foundation Inc's revenue in 2022 was $500.
Who are the executives of Hb Foundation Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990EZ for Hb Foundation Inc?
Hb Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Hb Foundation Inc
Hb Foundation Inc, a nonprofit organization, is dedicated to supporting tax-exempt charter schools located in the New York metropolitan area. Its primary mission is to acquire, develop, construct, own, lease, operate, and maintain real estate assets for the benefit of these educational institutions. Furthermore, Hb Foundation Inc extends its support beyond property management by providing supplemental resources to these charter schools.
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Impact
October, 2024
Hb Foundation Inc significantly impacts the education landscape in the New York metropolitan area by focusing on the development and management of real estate assets tailored for tax-exempt charter schools. By acquiring, constructing, and maintaining properties specifically for these educational institutions, the foundation ensures that charter schools have access to necessary facilities that enhance the learning environment for students.
Additionally, Hb Foundation Inc provides supplemental support to these charter schools, helping to alleviate financial burdens and allowing educators to focus more on delivering quality education. This commitment not only strengthens the infrastructure of charter schools in the Bronx and surrounding areas but also promotes educational accessibility and success for a diverse range of students. Through its strategic initiatives, Hb Foundation Inc plays a vital role in fostering a supportive educational ecosystem, ultimately contributing to the broader goal of improving educational outcomes in the community.
This information is meant to be a general summary of Hb Foundation 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.
- Gross Receipts: $500
Assets and Liabilities:
- Total Assets: $242
- Total Liabilities: $0
- Net Assets: $242
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Organization Details
Phone
(914) 476-0600Principal Officer
Rosa Mercado
Main Address
14 W 170th Street, Bronx, NY, 10452
NTEE Category
Code: B19 - Education
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