Overview

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Est.

1998

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC is a nonprofit organization focused on housing development and group homes, operating in Harlem. With an operating budget of $2 million and total revenue of $2.6 million for the fiscal year 2024, the organization provides 88 units of subsidized, low-income housing specifically for senior citizens, including 40 residents who participate in an enriched housing program that offers special assistance and food services. More information can be found on their website, www.nyfsc.org.

Mission Statement

PROVIDES 88 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED IN THE HARLEM. FORTY (40) OF ITS TENANTS ARE ENRICHED HOUSING PROGRAM RESIDENTS WHO REQUIRE SPECIAL ASSISTANCE AND FOOD SERVICE.
Revenues
$2.6M
Expenses
$2M
Net Income:
+$612.6K
Assets
$7.9M
Liabilities
$11.1M
Net Assets:
-$3.2M
Operating Budget
$2M
Operating Budget by Year

Due Diligence

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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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A
Alma Rangel
Board Member
A
Ann Van Ness
Board Member
E
Elizabeth R Tozer
Board Member

Frequently Asked Questions

What is ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC’s budget?
In 2024, ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC support?
ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC supports work in Housing development and Group homes.
Where does ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC operate?
ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC is headquartered in New York, NY.
What is ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC’s reliance on government grants?
ALMA RANGEL GARDENS HOUSING DEVELOPMENT FUND COMPANY INC relied on government grants for more than 85% of their total revenue in 2024.