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1374 COLLEGE AVENUE HDFCINC
BRONX, NY · EIN 133858080 · Form 990 · FY2024 · NTEE L21 · Housing & Shelter · Small ($100K-$1M)
revenue
$383K
expenses
$456K
net assets
$717K
employees
0
program ratio
87%
mission · from form 990

TO PROVIDE LOW INCOME TO MODERATE INCOME HOUSING OPPORTUNITIES FOR THE COMMUNITY

profile · synthesized from sources

1374 College Avenue HDFC Inc. is a housing corporation based in the Bronx, NY, established to provide affordable housing opportunities for low- to moderate-income individuals and families. The organization operates as a limited-equity housing cooperative, ensuring long-term affordability and resident ownership within its community. Its mission focuses on preserving stable, income-restricted housing in the Bronx.

named programs · 1 · from sources

What they call their work

1374 College Avenue Cooperative Housing
Manages and maintains a resident-owned, limited-equity cooperative building at 1374 College Avenue in the Bronx, providing affordable housing units to low- and moderate-income households.
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$383K
Contributions & grants$00%
Program service revenue$369K96%
Investment income$14K4%
Other revenue$0
expenses
Total expenses$456K
Program expenses87%
Admin / overhead13%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$837K
Cash$643K
Investments$0
Liabilities$120K
Net assets$717K
Liquid reserves16.9 mo
3 years on record · 2022–2024 · YoY revenue -2.0%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • CECILIA FERRO — SECRETARY
  • CONSOLATO CICCIU — PRESIDENT
  • PAUL FRACASSI — VICE PRESIDENT
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Affordable Housing for Community Stability
    methodology: affordable_housing_development
    By developing affordable housing for low- and moderate-income individuals, the organization promotes community stability because stable housing reduces displacement and supports long-term neighborhood health.