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280 EAST 166TH STREET HDFC CORP
BRONX, NY · EIN 133998584 · Form 990 · FY2024 · NTEE L20 · Housing & Shelter · Small ($100K-$1M)
revenue
$302K
expenses
$342K
net assets
$687K
employees
0
program ratio
77%
mission · from form 990

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

profile · synthesized from sources

280 East 166th Street HDFC Corp is a housing corporation based in the Bronx, NY, providing affordable housing opportunities for low- to moderate-income individuals and families. As a limited-profit housing development company, it owns and manages residential property to serve community housing needs. The organization operates under a mission focused on long-term affordability and resident stability.

named programs · 1 · from sources

What they call their work

Affordable Housing Management
Owns and operates residential housing at 280 East 166th Street in the Bronx, providing long-term affordable housing units to low- and moderate-income tenants under HDFC regulations.
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$302K
Contributions & grants$00%
Program service revenue$299K99%
Investment income$3K1%
Other revenue$0
expenses
Total expenses$342K
Program expenses77%
Admin / overhead23%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$775K
Cash$487K
Investments$0
Liabilities$88K
Net assets$687K
Liquid reserves17.1 mo
5 years on record · 2020–2024 · YoY revenue -0.2%
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 providing affordable housing to low- and moderate-income residents, the organization promotes long-term community stability because stable housing reduces displacement and fosters neighborhood cohesion.