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BCHN HOLDINGS INC
BRONX, NY · EIN 933384380 · Form 990 · FY2024 · NTEE E11 · Health Care · Medium ($1M-$10M)
revenue
$1.2M
expenses
$262K
net assets
$927K
employees
0
volunteers
4
program ratio
82%
mission · from form 990

BCHN HOLDINGS, INC. WAS FORMED TO BENEFIT BRONX COMMUNITY HEALTH NETWORK, INC., FOR THE PURPOSE TO FACILITATE THE BORROWINGS RELATED TO A NEW MARKETS TAX CREDIT TRANSACTION TO FINANCE THE RENOVATION OF A LEASED BUILDING LOCATED IN THE NORTHEAST SECTION OF THE BRONX, NEW YORK.

profile · synthesized from sources

BCHN HOLDINGS INC is a New York-based nonprofit formed to support Bronx Community Health Network, Inc. Its purpose is to facilitate borrowings through a New Markets Tax Credit transaction to finance renovations of a leased building in the northeast Bronx. The organization operates in the health care sector but specific programs or services are not detailed in available records.

activities · 1 group

What they do

  • Capital Infrastructure Funding 1 activity
    • Facilitating borrowings through New Markets Tax Credit transactions
      Finances renovation projects, such as the renovation of a leased building in the northeast Bronx, New York, by facilitating borrowings through New Markets Tax Credit transactions.
financials · form 990 · fy2024
revenue
Total revenue$1.19M
Contributions & grants$1.10M92%
Program service revenue$00%
Investment income$91K8%
Other revenue$0
expenses
Total expenses$262K
Program expenses82%
Admin / overhead18%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$6.12M
Cash$10K
Investments$0
Liabilities$5.20M
Net assets$927K
Liquid reserves0.5 mo
2 years on record · 2023–2024
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
JAMES PAINE CEO/BOARD MEMBER 1 $325K
JOSE VIRELLA OUTGOING CFO 1 $120K
ALICIA TENNY CFO 1 $69K
board members · 4
  • JAMES CAREY — TREASURER
  • JAY IZES MD — BOARD MEMBER
  • JOHN RUIZ — PRESIDENT
  • MICHEL HODGE EDD — BOARD MEMBER
relationships · 1

Who they work with

  • BRONX COMMUNITY HEALTH NETWORK, INC. Partner — Primary beneficiary organization supported through financing activities.