Circulo Housing Development Fund Corporation

Organization Overview

Circulo Housing Development Fund Corporation is located in Long Beach, NY. The organization was established in 2008. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Circulo Housing Development Fund Corporation 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 05/2022, Circulo Housing Development Fund Corporation generated $141.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (22.5%) each year. All expenses for the organization totaled $111.5k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOP & OPERATE HOUSING FOR UNDERSERVED INDIVIDUALS & FAMILIES HELPING THEM IMPROVE THEIR LIVES THROUGH HOUSING STABILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ACQUIRE, ESTABLISH, DEVELOP, MORTGAGE, LEASE, MANAGE, EQUIP, CONSTRUCT, REHABILITATE, OPERATE AND MAINTAIN HOUSING PROJECTS FOR PERSONS OF LOW INCOME AND HOUSING PROJECTS FOR PERSONS WHO ARE HOMELESS IN THE STATE OF NEW YORK.


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Board, Officers & Key Employees

Name (title)Compensation
Leo Fernandez
President
$0
Hector Martinez
Treasurer
$0
Evelyn Tabares
Board Member
$0
Amy Flores
Board Member
$0
Silvana Loyola
Board Member
$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$141,420
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 $141,749

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