Greater Bridgeport Jewish Housing Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 060983825 ✦ Bridgeport, CT ✦ Designated as a 501(c)(3)

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Overview

What is Greater Bridgeport Jewish Housing Corp?

Greater Bridgeport Jewish Housing Corp is a nonprofit organization situated in Bridgeport, Connecticut. Its primary purpose is to provide housing for elderly individuals, specifically those who are 62 years old or above, meeting the necessary income requirements. The organization has acquired real property in Bridgeport, Connecticut, to construct and operate an apartment complex, known as Seymour I Hollander Apartments, under Section 202 of the National Housing Act. This apartment complex features 85 rental units, catering to this demographic. The organization operates with a team of five dedicated employees.


Official website here: www.hollanderhouse.org

What are the reviews and ratings of this charity?

Charity Navigator rating: 81% (Three-Star out of Four Star rating)

Greater Bridgeport Jewish Housing Corp has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in various areas, achieving full points for having a wholly independent board, a robust audit and oversight committee, and comprehensive governance policies. This reflects a commitment to transparency and sound financial management practices.

The organization maintains a strong program expense ratio of 78.30%, suggesting that a significant portion of its resources is allocated directly to its mission-related activities. The oversight of financial practices is evident, with no material diversion of assets reported, further reinforcing the trustworthiness of the organization's operations.

However, while the financial metrics are commendable, the summary does not provide information on the organization's program impact or effectiveness in achieving its mission. Potential donors might wish to seek additional information on the specific programs and initiatives undertaken by Greater Bridgeport Jewish Housing Corp to gain a fuller understanding of its social impact.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Greater Bridgeport Jewish Housing Corp?

94% of five reviewers on Facebook recommend the Greater Bridgeport Jewish Housing Corp. Here is a summary of their reviews:

The sentiment towards this nonprofit organization is largely positive, with the majority expressing satisfaction and appreciation for the services offered. While one reviewer mentioned they would not choose to move their mother there, this feedback seems to be an exception rather than the norm, as the overall recommendation rate highlights general approval.

Overall, the organization appears to be well-regarded among its supporters, reflecting a commitment to providing valuable housing solutions within the community. The high recommendation rate suggests that many believe in the mission and benefits of the services provided by the Greater Bridgeport Jewish Housing Corp.


This AI summary has been generated from reviews found on Facebook.

Is Greater Bridgeport Jewish Housing Corp legitimate?

Greater Bridgeport Jewish Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Bridgeport Jewish Housing Corp submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $137,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $220,425

For more financial information, click here


Official website here: www.hollanderhouse.org

What is the mission statement of Greater Bridgeport Jewish Housing Corp?

The Greater Bridgeport Jewish Housing Corp is established with the objective of acquiring real property and constructing an apartment complex. Specifically, they aim to develop a 85-unit complex known as Seymour I Hollander Apartments, catering to the elderly population aged 62 or above, who meet the income requirements, under Section 202 of the National Housing Act. Their mission involves procuring property and managing the operation of this apartment complex to provide suitable housing solutions for this demographic.


Official website here: www.hollanderhouse.org

Who is the CEO of Greater Bridgeport Jewish Housing Corp?

Marjorie Rosten is the Director of Greater Bridgeport Jewish Housing Corp.


Official website here: www.hollanderhouse.org

What is the revenue of Greater Bridgeport Jewish Housing Corp?

Greater Bridgeport Jewish Housing Corp's revenue in 2022 was $1,775,840.


Official website here: www.hollanderhouse.org

Who are the executives of Greater Bridgeport Jewish Housing Corp and what are their salaries?

The average compensation at Greater Bridgeport Jewish Housing Corp during 2022 was $71,520. There are 5 employees at Greater Bridgeport Jewish Housing Corp.


Here are 14 key members and their salaries:


Jack Kadden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila May (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dara Robifker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Freeman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Art Finkle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Niema Hirsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Schwartz (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Varon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Hillman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amy Gershberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ira Wise (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Rosten (Executive Director)
  • Compensation: $136,685
  • Related: $0
  • Other: $0
Erin Heneghan (Employee)
  • Compensation: $107,171
  • Related: $0
  • Other: $0


Official website here: www.hollanderhouse.org

Where can I find the form 990 for Greater Bridgeport Jewish Housing Corp?

Greater Bridgeport Jewish Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.hollanderhouse.org

Learn more at the official website: www.hollanderhouse.org

Mission Statement of Greater Bridgeport Jewish Housing Corp

Greater Bridgeport Jewish Housing Corp is an organization with a specific mission. Their primary objective is to acquire real property and construct an apartment complex, following the guidelines set by Section 202 of the National Housing Act. This apartment complex, known as Seymour I Hollander Apartments, is designed to provide housing for the elderly, specifically individuals who are 62 years old or above and meet the income requirements. The organization's mission is to operate this apartment complex, providing a home for this vulnerable population.

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Impact




July, 2024

The Greater Bridgeport Jewish Housing Corp provides affordable housing for the elderly in Bridgeport, CT through their apartment complex, Seymour I Hollander Apartments. With 85 rental housing units available for individuals aged 62 and older who meet income requirements, this organization plays a vital role in ensuring that senior citizens have access to safe and secure housing. Through their mission to acquire and operate this apartment complex under Section 202 of the National Housing Act, they are making a tangible impact on the lives of elderly residents in the community.




This information is meant to be a general summary of Greater Bridgeport Jewish Housing Corp. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,775,840 (2022)
Expenses
$1,850,145 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $298
  • Program Service Revenue: $1,760,413
  • Gross Receipts: $1,775,840

Assets and Liabilities:

  • Total Assets: $4,348,840
  • Total Liabilities: $3,983,877
  • Net Assets: $364,963

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME APARTMENTS

Revenue

$1,753,303

SERVICE INCOME LAUNDRY

Revenue

$7,110

Organization Details

Founding Year

1977

Principal Officer

Marjorie Rosten

Main Address

4190 PARK AVENUE, BRIDGEPORT, CT, 06604

NTEE Category

Code: L25 - Housing

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