Hb Foundation Inc
- Assets
- $242.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bronx, NY
- Founding
- Data as of
- 06/2022
- EIN
- 85-0683094
Organization Overview
Hb Foundation Inc is located in Bronx, NY. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hb Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF HB FOUNDATION, INC. IS TO ACQUIRE, DEVELOP, OWN, LEASE, OPERATE AND MAINTAIN REAL PROPERTY ASSETS FOR THE BENEFITS OF TAX-EXEMPT CHARTER SCHOOLS LOCATED IN THE NEW YORK METROPOLITAN AREA AND TO PROVIDE SUPPLEMENTAL SUPPORT TO THOSE CHARTER SCHOOLS.
THE PURPOSE OF HB FOUNDATION, INC. IS TO ACQUIRE, DEVELOP, OWN, LEASE, OPERATE AND MAINTAIN REAL PROPERTY ASSETS FOR THE BENEFITS OF TAX-EXEMPT CHARTER SCHOOLS LOCATED IN THE NEW YORK METROPOLITAN AREA AND TO PROVIDE SUPPLEMENTAL SUPPORT TO THOSE CHARTER SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joel Rivera Chairman | 1 | $0 | |
Rosa Mercado Secretary | 1 | $0 | |
Nilza Oyola Director | 1 | $0 | |
Susana R Leon Director | 1 | $0 | |
Joel Rivera Chairman | 1 | $0 | |
Rosa Mercado Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $500 |
| Total Revenue | $0 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $258 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $242 |
| Other assets | $0 |
| Total assets | $242 |
| Total liabilities | $0 |
| Net assets or fund balances | $242 |