irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $429KFBHC PROVIDES SOCIAL SERVICE TO THE COMMUNITY. THIS CONSISTS OF AFTER-SCHOOL PROGRAMS, SUMMER RECREATIONAL ACTIVITIES FOR THE CHILDREN, ENGLISH AS A SECOND LANGUAGE AND CITIZENSHIP COURSES, AMONG OTHERS.
- #2 $950KFBHC DEVELOPS AND RENOVATES MULTIFAMILY AFFORDABLE RENTAL HOUSING PROJECTS IN THE NORTHWEST BRONX.
named programs · 8 · from sources
What they call their work
After-School and Summer Programs
Community-based educational and recreational programs for children and youth
Bronxview
114-unit mixed-income apartment building under development with energy-efficient design and a community service facility for childcare
Concourse House
Affiliate program providing transitional housing and supportive services for homeless families
English as a Second Language and Citizenship Courses
Language and integration services for immigrant populations
Jacob's Place
63-unit apartment building with a 6-classroom early childhood center; built on formerly vacant lots to provide affordable housing and childcare services
Serviam Campus
Multiphase affordable senior housing development including Serviam Gardens, Towers, and Heights, offering over 430 units and a Senior Community Life Center with wellness, recreational, and educational amenities
Tiebout Green
20-unit affordable apartment building with green features including solar thermal system, rainwater harvesting, and green roof terrace; serves low-income individuals and families
West Farms Square
526-unit affordable housing complex renovated for energy efficiency, safety, and community use, including recreational areas and a community room
activities · 6 groups
What they do
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Affordable Housing Development and Management 2 activities
- Development and renovation of affordable housingDevelops, redevelops, and renovates multifamily affordable rental housing projects in the Northwest Bronx, including new construction, substantial rehabilitation of existing buildings, and preservation of long-term affordability. Projects include the Bronxview development, Park Gates renovations, West Farms Square restoration, and new buildings on vacant city-owned lots, totaling nearly 4,000 units across 130 buildings.
- Management and stabilization of distressed buildingsAcquires deeds, leases from the City, and undertakes court-appointed management to stabilize and preserve distressed multifamily residential properties in the Northwest Bronx. This includes the acquisition of three multifamily properties totaling 106 units and ongoing supervision of 130 buildings with over 4,000 affordable apartments.
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Inclusive Playground Development 1 activity
- Development of community facilities and recreational spacesConstructs and maintains community service facilities, playgrounds, community rooms, and outdoor recreational areas as part of housing developments. Includes a 6-classroom early childhood center, a child care facility at Marion Avenue, and redesigned grounds with permeable-surfaced playgrounds and planted areas.
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Low-Income Home Energy Efficiency Upgrades 1 activity
- Integration of green building and energy-efficient technologiesImplements energy-efficient upgrades and sustainable building practices across housing developments, including installation of Energy Star appliances, low-flow fixtures, efficient boilers, micro turbine-generators, cool roofs, solar systems, and green roofs. Projects include West Farms Square, Tiebout Green, and Serviam Campus.
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Senior Social & Enrichment Programming 1 activity
- Provision of social and community servicesOffers after-school programs, summer recreational activities for children, English as a second language instruction, citizenship courses, and senior wellness and social programming through on-site community centers and affiliated organizations.
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Low-Income Senior Housing Operations 1 activity
- Provision of specialized and supportive housingProvides safe, stable, transitional housing for homeless families and develops housing with supportive services for youth, elderly, and immigrant populations. Includes over 430 units of affordable senior housing at the Serviam Campus and specialized housing developments with on-site community facilities.
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Tenant Legal Advocacy & Support Services 1 activity
- Support for tenant rights and accommodationsProvides information and formal processes for tenants to request reasonable accommodations or modifications, ensuring access to rights and equitable housing conditions.
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financials · form 990 · fy2024
revenue
Total revenue$7.33M
Contributions & grants$213K3%
Program service revenue$6.76M92%
Investment income$353K5%
Other revenue$0
expenses
Total expenses$6.31M
Program expenses91%
Admin / overhead6%
Fundraising3%
Salaries & benefits$4.82M
Grants paid out$112K
Largest expense lineCompensation
balance sheet
Total assets$74.22M
Cash$24.97M
Investments$0
Liabilities$5.78M
Net assets$68.44M
Liquid reserves47.5 mo
5 years on record · 2020–2024 · YoY revenue -15.6%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 6
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| HENG LY | Chief executive officer | 40 | $374K |
| Robert Donovan | Director of Construction | 40 | $239K |
| Phuong H Vang | Director of Financial Services | 40 | $224K |
| Gerard Wollweber | Director of Leasing | 40 | $211K |
| Ibsam Martinez | Director of Spec. Housing | 40 | $156K |
| Damion McCathy | Director of Property Mgmt | 40 | $156K |
board members · 9
- CHERYL HARPER — TREASURER
- EILEEN HOGAN — PRESIDENT
- ERIKA MARTINEZ — VICE PRESIDENT
- IVAN BOHORQUEZ — DIRECTOR
- JOSE NORAT — DIRECTOR
- LUIS LUGO — DIRECTOR
- MARIBEL MONTILLA — DIRECTOR
- S LEMURIA ALAWODE-EL — DIRECTOR
- WILLIAM DALEY — SECRETARY
relationships · 10
Who they work with
- Campaign for Human Development Funder — Provided early funding that enabled the hiring of building management staff.
- Concourse House Partner — Partner organization providing transitional housing and supportive services for families
- Fordham Bedford Community Services Partner — Partner organization providing family-strengthening programs and services in collaboration with the community and local nonprofits
- Galaxy Construction Partner — Construction company that retrofitted and built Serviam Gardens.
- Homebase Partner — Refers tenants who need help paying rent to Homebase for assistance.
- Jack Coogan of Oaklander, Coogan and Vitto (OCV) Architects Partner — Architectural firm responsible for designing the Serviam Campus.
- Robin Key Landscape Architects Partner — Landscape architecture firm responsible for the landscape design of the Serviam Campus.
- University Neighborhood Housing Program Partner — Partnered with FBHC to renovate the West Farms Square affordable housing complex.
- Ursuline Bedford Park Convent Partner — Partner organization from which FBHC purchased a parcel at 2885 Marion Avenue.
- Ursuline Sisters of the Bedford Park Convent of Mt. St. Ursula Partner — Landowner that leased property for the development of the Serviam Campus.
strategies · 4
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.
- Community-Led Housing Preservationmethodology: community_led_housing_preservationBy involving residents and community stakeholders in the preservation and rehabilitation of affordable housing, Fordham Bedford ensures long-term affordability and tenant stability because local leadership increases accountability and aligns redevelopment with neighborhood needs.
- Green Infrastructure Integration for Resident and Environmental Well-Beingmethodology: green_infrastructure_integrationBy incorporating green building design, renewable energy, water conservation, and urban green space into affordable housing, the organization improves resident health and reduces environmental impact because sustainable design lowers utility burdens and enhances quality of life.
- Housing-First Rehabilitation with Tenant Protectionmethodology: housing_first_rehabilitationBy acquiring and renovating occupied buildings while maintaining tenant occupancy, the organization prevents displacement and strengthens community continuity because preserving existing tenancy reduces homelessness risk and builds trust in redevelopment efforts.
- Integrated Community-Based Social Servicesmethodology: two_generation_approachBy combining youth programming and adult education with housing stability initiatives, the organization supports intergenerational resilience among low-income and immigrant families because co-located services increase access and strengthen family capacity.