Overview

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Est.

2001

Fiscal Year Start

Dec 1

Organization Type

Grantseeker

AI Summary

The 607 Concord Avenue Housing Development Fund Corporation, with EIN 13-4146104, is dedicated to providing residential rental housing to low-income disabled persons through monthly subsidies from the U.S. Department of Housing and Urban Development. Operating with a budget of $1.2 million and generating total revenue of $1.6 million in 2024, the organization focuses on public and retirement housing for vulnerable populations. It does not appear to rely on a single funder for more than 50% of its revenue.

Mission Statement

TO PROVIDE RESIDENTIAL RENTAL HOUSING TO LOW-INCOME DISABLED PERSONS THROUGH MONTHLY SUBSIDIES FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.
Revenues
$1.6M
Expenses
$1.2M
Net Income:
+$367.1K
Assets
$3.7M
Liabilities
$9.1M
Net Assets:
-$5.4M
Operating Budget
$1.2M
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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R
Raul Russi
Board Member
G
Gilbert Hernandez
Board Member
L
Lymaris Albors
Board Member

Frequently Asked Questions

What is 607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION’s budget?
In 2024, 607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does 607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION support?
607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION supports work in Public housing and Retirement housing.
Where does 607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION operate?
607 CONCORD AVENUE HOUSING DEVELOPMENT FUND CORPORATION is headquartered in Bronx, NY.