Sebco Vip Housing Development Fund Company Inc

Organization Overview

Sebco Vip Housing Development Fund Company Inc is located in Bronx, NY. The organization was established in 1994. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sebco Vip Housing Development Fund Company Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Sebco Vip Housing Development Fund Company Inc generated $358.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING FOR VERY LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959 IN THE SOUTH BRONX AREA OF NEW YORK CITY, NEW YORK

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED HOUSING FOR VERY LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS UNDER SECTION 202 OF THE FEDERAL HOUSING AC OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY, NEW YORK. THE PROPERTY WAS SOLD FOR ITS FAIR MARKET VALUE AND WITH THE APPROVAL OF THE NEW YORK STATE DEPARTMENT OF LAW ON DECEMBER 30, 2014. PLEASE SEE SCHEDULE A, PART VI FOR FURTHER DETAILS.


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Board, Officers & Key Employees

Name (title)Compensation
Carmen Reyes
Treasurer
$0
Enrico Boccia
Chair
$0
Salvatore Gigante
Secretary/co
$0
Latoya Allen
Vice Preside
$0
Jason Boroff
Director
$0
Migdalia Morales
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $358,168

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