AI Summary
RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION is a nonprofit organization based in the Bronx, New York, dedicated to providing housing and support programs for homeless individuals living with AIDS or HIV-related illnesses. With an operating budget of $2 million for the 2024 fiscal year, the organization is committed to developing and managing affordable housing, exemplified by its San Miguel Residence project. Currently, it does not rely on any single funder for 50% or more of its revenue.
Mission Statement
RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION (THE "HDFC") AND SUBSIDIARY (THE "ORGANIZATION") IS A NOT-FOR-PROFIT WHICH PROVIDES HOUSING AND PROGRAMS FOR ASSISTANCE TO HOMELESS PERSONS WITH AIDS OR HIV-RELATED ILLNESS. SAN MIGUEL HOUSING DEVELOPMENT FUND COMPANY, INC. (THE "COMPANY") IS A NOT-FOR-PROFIT AND WAS ORGANIZED FOR THE PURPOSE OF DEVELOPING AND OPERATING HOUSING FOR PERSONS OF LOW INCOME. THE COMPANY IS THE OWNER OF THE HOUSING FACILITY LOCATED AT 2386 RYER AVENUE, BRONX, NEW YORK, KNOWN AS THE SAN MIGUEL RESIDENCE (THE "PROJECT"). THE SOLE MEMBER OF THE COMPANY IS RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION.
Cause Areas
2
Public housing
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Funder
Total Funding
Funding Share
SAN MIGUEL HOUSING DEVELOPMENT FUND COMPANY INC
$215K
100%
Frequently Asked Questions
What is RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION’s budget?
In 2024, RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION support?
RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION supports work in Public housing and Housing development.
Where does RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION operate?
RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION is headquartered in Bronx, NY.
Who funded RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION recently?
In 2022, RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION received grants from SAN MIGUEL HOUSING DEVELOPMENT FUND COMPANY INC. More information on this organization’s funders is available to registered users.
What is the largest grant RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION received in 2022?
The largest grant to RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION in 2022 exceeds $215 thousand.
What is RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION’s reliance on government grants?
RYER AVENUE HOUSING DEVELOPMENT FUND CORPORATION relied on government grants for more than 95% of their total revenue in 2024.