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440 EAST 182ND STREET HDFCINC
BRONX, NY · EIN 133810912 · Form 990 · FY2024 · NTEE L20 · Housing & Shelter · Small ($100K-$1M)
revenue
$490K
expenses
$535K
net assets
$1.5M
employees
0
program ratio
83%
mission · from form 990

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

profile · synthesized from sources

440 East 182nd Street HDFC Inc. is a housing corporation based in the Bronx, New York, providing affordable housing opportunities for low- to moderate-income individuals and families. The organization operates as a limited-equity housing cooperative, aiming to promote community stability and resident ownership. Its mission centers on long-term affordability and equitable access to housing in its local neighborhood.

named programs · 1 · from sources

What they call their work

Affordable Housing Cooperative
Manages a limited-equity cooperative building at 440 East 182nd Street in the Bronx, offering below-market-rate homeownership units to qualifying residents
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$490K
Contributions & grants$00%
Program service revenue$477K97%
Investment income$13K3%
Other revenue$0
expenses
Total expenses$535K
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$1.59M
Cash$1.16M
Investments$0
Liabilities$107K
Net assets$1.48M
Liquid reserves26.0 mo
4 years on record · 2020–2024 · YoY revenue -27.5%
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
    By providing affordable housing to low- and moderate-income individuals, the organization fosters community stability because stable housing reduces displacement and supports long-term neighborhood cohesion.