1360 NELSON AVENUE HDFC INC

EIN: 133939142 501(c)(3) Housing & Shelter

BRONX, NY

Total Revenue
$425,514
Total Expenses
$331,223
Total Assets
$2,210,282
Net Assets
$2,101,345
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
NY
Tax Period
2023-01-01 to 2023-12-31

1360 NELSON AVENUE HDFC INC, founded in 1998, is a small nonprofit in the Housing & Shelter sector that reported $426K in total revenue in fiscal year 2023. The organization ran a surplus of $94K, a strong 22% operating margin.

Mission

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

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $395,800
Investment Income $29,714
Other Revenue $0
TOTAL REVENUE $425,514

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $248,658
Other Expenses $331,223
TOTAL EXPENSES $331,223

Year-over-Year Comparison

2023 2022 Change
Revenue $425,514 $397,705 +0.1%
Expenses $331,223 $344,357 0.0%
Net Income $94,291 $53,348 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL FRACASSI VICE PRESIDENT 0.25
Director
$0 $0 $0
CECILIA FERRO SECRETARY 1.00
Director
$0 $0 $0
CONSOLATO CICCIU PRESIDENT 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $425,514 $331,223 $2,210,282 $94,291
2022 $397,705 $344,357 $2,058,700 $53,348
2021 $413,540 $316,204 $2,009,095 $97,336
2020 $378,120 $312,955 $1,907,418 $65,165
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