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BATHGATE BELMONT APARTMENTS HDFCINC
BRONX, NY · EIN 133644828 · Form 990 · FY2024 · NTEE L20Z · Housing & Shelter · Small ($100K-$1M)
revenue
$803K
expenses
$748K
net assets
$3.5M
employees
0
program ratio
81%
mission · from form 990

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

profile · synthesized from sources

BATHGATE BELMONT APARTMENTS HDFCINC is a housing cooperative in the Bronx, NY, providing affordable housing opportunities for low- to moderate-income individuals and families. The organization operates as a limited-equity housing cooperative, maintaining long-term affordability for its residents. Its mission centers on community-based housing stability through resident ownership and self-management.

named programs · 1 · from sources

What they call their work

Affordable Housing Cooperative
Owns and operates a limited-equity housing cooperative in the Bronx, offering affordable rental and ownership units to low- and moderate-income residents
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$803K
Contributions & grants$00%
Program service revenue$786K98%
Investment income$17K2%
Other revenue$0
expenses
Total expenses$748K
Program expenses81%
Admin / overhead19%
Fundraising0%
Salaries & benefits$38K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.69M
Cash$2.94M
Investments$0
Liabilities$229K
Net assets$3.47M
Liquid reserves47.1 mo
3 years on record · 2020–2024 · YoY revenue +3.0%
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
    By providing affordable housing to low- and moderate-income individuals and families, the organization promotes long-term community stability because stable housing reduces displacement and supports economic resilience.