Overview
What is Bronx Point Housing Development Fund Company Inc?
Bronx Point Housing Development Fund Company Inc, based in the Bronx, New York, serves as the nominee owner for a significant project. This project aims to provide affordable housing, a museum celebrating hip-hop history and culture, retail opportunities, an early childhood center, and community services programming. The venture includes seven condominiums, three of which offer 542 affordable housing units. The company's mission extends beyond property ownership, promoting community development and contributing to the cultural and educational landscape of the Bronx.
Official website here: www.bronxworks.org
Is Bronx Point Housing Development Fund Company Inc legitimate?
Bronx Point Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Bronx Point 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: $0
For more financial information, click here
Official website here: www.bronxworks.org
What is the mission statement of Bronx Point Housing Development Fund Company Inc?
Bronx Point Housing Development Fund Company Inc serves as the nominee owner for the Bronx Point project, which aims to provide affordable housing, a museum celebrating hip-hop history and culture, retail opportunities, an early childhood center, and community services programming. Their mission is centered around this project, with a focus on offering affordable housing units, promoting hip-hop culture, providing retail spaces, and offering community services. The project also includes a museum, an early childhood center, and retail opportunities, catering to the community's needs. The Bronx Point project, managed by the company, comprises seven condominiums, three of which offer 542 affordable housing units.
Official website here: www.bronxworks.org
Who is the CEO of Bronx Point Housing Development Fund Company Inc?
Eileen Torres is the Director of Bronx Point Housing Development Fund Company Inc.
Official website here: www.bronxworks.org
What is the revenue of Bronx Point Housing Development Fund Company Inc?
Bronx Point Housing Development Fund Company Inc's revenue in 2022 was $784,408.
Official website here: www.bronxworks.org
Who are the executives of Bronx Point Housing Development Fund Company Inc and what are their salaries?
There 3 volunteers at Bronx Point Housing Development Fund Company Inc.
Here are 5 key members and their salaries:
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- Related: $299,208
- Other: $73,384
- Compensation: $0
- Related: $226,686
- Other: $23,709
Official website here: www.bronxworks.org
Where can I find the form 990 for Bronx Point Housing Development Fund Company Inc?
Bronx Point Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bronxworks.org
Learn more at the official website: www.bronxworks.org
Mission Statement of Bronx Point Housing Development Fund Company Inc
Bronx Point Housing Development Fund Company Inc serves as the nominee owner for a project with a significant mission. This mission involves providing affordable housing, a museum to celebrate hip-hop history and culture, retail opportunities, an early childhood center, and community services programming. The project, known as Bronx Point, encompasses seven condominiums, three of which offer 542 units of affordable housing. By taking on this role, Bronx Point Housing Development Fund Company Inc contributes to the provision of housing for individuals in need, while also promoting the appreciation of hip-hop culture and history, and offering community services to enhance the well-being of its residents.
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Impact
October, 2024
Bronx Point Housing Development Fund Company Inc plays a crucial role in the transformation of the Bronx through the development of the Bronx Point project. This initiative not only addresses the urgent need for affordable housing—providing 542 affordable housing units across three residential condominiums—but also enriches the community by incorporating diverse cultural and service-oriented elements.
Central to the project is the creation of a public park and esplanade, which enhances the community’s recreational spaces and promotes outdoor activities. Additionally, Bronx Point will feature a museum dedicated to celebrating hip hop history and culture, thereby acknowledging and preserving a significant aspect of the Bronx's rich heritage.
The integration of retail opportunities and an early childhood center further emphasizes Bronx Point's commitment to fostering economic development and providing essential services to residents. By facilitating community services programming, Bronx Point not only serves as a residential space but also as a hub for community engagement and development. Overall, Bronx Point is poised to make a lasting impact on the Bronx by creating a vibrant, inclusive, and economically beneficial environment for its residents.
This information is meant to be a general summary of Bronx Point 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.
- Gross Receipts: $784,408
Assets and Liabilities:
- Total Assets: $615,305
- Total Liabilities: $617,777
- Net Assets: -$2,472
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Organization Details
Founding Year
2020
Phone
(646) 768-4101Principal Officer
Eileen Torres
Main Address
60 EAST TREMONT AVENUE, BRONX, NY, 10453
Website
www.bronxworks.orgNTEE Category
Code: P20 - Human services
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