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Grand Concourse East Housing Development Fund Corporation

Grand Concourse East Housing Development Fund Corporation

Bronx, NY
Tax ID13-3806082

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About this organization

Revenue

$2,129,782

Expenses

$1,904,579

Mission

Grand Concourse East HDFC was organized exclusively for the charitable purpose of developing housing for needy persons of low income at 225 East 163rd Street, 967 Sherman Ave, 1003 Grant Ave, 1007 Grant Ave, 1302 College Ave, 1306 College Ave, Bronx, NY.

About

Provision of housing and social services to previously homeless, very low income, low income and moderate income residents of the community.

Interesting data from their 2019 990 filing

In the filing, the mission of the non-profit is noted as “Grand concourse east hdfc was organized exclusively for the charitable purpose of developing housing for needy persons of low income at 225 east 163rd street, 967 sherman ave, 1003 grant ave, 1007 grant ave, 1302 college ave, 1306 college ave, bronx, ny.”.

When referring to its responsibilities, they were outlined as: “Grand concourse east hdfc was organized exclusively for the charitable purpose of developing housing for needy persons of low income at 225 east 163rd street, 967 sherman ave, 1003 grant ave, 1007 grant ave, 1302 college ave, 1306 college ave, bronx, ny.”.

  • The state in which the non-profit is legally registered to operate is NY, as per legal records.
  • The filing documents the non-profit's address in 2019 as 900 Grand Concourse, BRONX, NY, 10451.
  • According to the non-profit's form, they have 12 employees on their payroll as of 2019.
  • 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 $225,203.
  • The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 3 independent voting members.
  • The organization was formed in 1995.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $231,034 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization has minutes of its meetings.

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