FOX STREET HDFC

EIN: 270333073 501(c)(3) Housing & Shelter

BRONX, NY

Total Revenue
$411,100
Total Expenses
$458,300
Total Assets
$1,791,701
Net Assets
$-766,302
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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
2009
Legal Domicile
NY
Principal Officer
SALVATORE GIGANTE
Phone
3477262547
Tax Period
2023-01-01 to 2023-12-31

FOX STREET HDFC, founded in 2009, is a small nonprofit in the Housing & Shelter sector that reported $411K in total revenue in fiscal year 2023. Expenses of $458K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE COMPANY OWNS AND OPERATES LOW INCOME HOUSING IN THE SOUTH BRONX IN ADDITION THE COMPANY PROVIDES SOCIAL SERVICES FOR THE TENANTS.

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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 $404,277
Investment Income $6,823
Other Revenue $0
TOTAL REVENUE $411,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $63,047
Fundraising Expenses $0
Program Expenses $415,746
Other Expenses $395,253
TOTAL EXPENSES $458,300

Year-over-Year Comparison

2023 2022 Change
Revenue $411,100 $427,862 0.0%
Expenses $458,300 $437,487 +0.0%
Net Income $-47,200 $-9,625 +3.9%
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
2
Employees
3
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
3
$251,995
Total Directors
3
$251,995
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ENRICO BOCCIA CHAIR 0.05
Officer Director
$0 $0 $0
EVELYN VELAZQUEZ TREASURER/SE 0.05
Officer Director
$0 $0 $0
SALVATORE GIGANTE VICE PRESIDE 0.30
Officer Director
$0 $0 $251,995
SONAL SHAH CONTROLLER N/A
Highest
$0 $0 $139,248
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 $411,100 $458,300 $1,791,701 $-47,200
2022 $427,862 $437,487 $1,768,742 $-9,625
2021 $411,134 $476,295 $1,794,601 $-65,161
2020 $394,462 $445,192 $1,876,328 $-50,730
2019 $396,763 $481,434 $1,884,466 $-84,671
2018 $447,637 $416,283 $1,961,146 $31,354
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