Daffy

Breaking Ground Hdfc

Breaking Ground Hdfc

New York, NY 10018
Tax ID11-3048002

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About this organization

Revenue

$30,159,358

Expenses

$16,986,693

Mission

Breaking Ground's mission is to strengthen individuals, families and communities by developing and sustaining exceptional supportive and affordable housing as well as programs for homeless and other vulnerable New Yorkers.

About

The Times Square is Breaking Ground's flagship supportive housing residence. Breaking Ground transformed this building into the largest permanent supportive housing residence in the nation and contributed to the revitalization of the Times Square neighborhood as a whole while demonstrating a new approach to ending long-term urban homelessness. The Times Square combines permanent affordable housing for low-income and formerly homeless adults, persons with serious mental illness and persons living with HIV/AIDS. A range of on-site social services are provided by Breaking Ground's social service partner, the Center for Urban Community Services.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “Breaking ground housing development fund corporation ("bg") was organized on october 11, 1990, under section 402 of the not-for-profit corporation law and pursuant to article xi of the private housing finance law (housing development fund companies law) of the state of ny. breaking ground is a not-for-profit charitable organization exempt from income and excise taxes under section 501(c)(3) of the internal revenue code. breaking ground was formed for the charitable purpose of rehabilitating, maintaining and operating low-income housing projects and to provide related social service programs. breaking ground's success in ending homelessness is built on a housing model that targets individuals and families who are homeless or at risk of becoming homeless. for the chronically homeless, we create safe, secure housing, with essential on-site support services to help them address the psychosocial, mental, and physical health problems that are obstacles to independent living. for individuals”.

When explaining its purpose, the activities were outlined as: “To strengthen individuals, families and communities by developing & sustaining exceptional affordable housing as well as programs for homeless and other vulnerable new yorkers.”.

  • As per legal reporting requirements, the state of operation for the non-profit is NY.
  • The non-profit's address for 2020 is listed as 505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018 in the filing.
  • As per the non-profit's form, they have 0 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $13,172,665.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 12 independent voting members.
  • The organization was formed in 1990.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $5,200,127 in salary, compensation, and benefits to its employees.
  • The organization pays $915,053 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has fundraising events.
  • The organization's financial statements were reviewed by an accountant.

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