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Roselle Senior Citizen's Housing Corpora

Pinewood Hall

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

EIN: 112315141 ✦ Roselle, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Roselle Senior Citizen's Housing Corpora?

Roselle Senior Citizen's Housing Corporation, identified as Pinewood Hall, is a nonprofit organization situated in Roselle, New Jersey. Their primary objective is to offer affordable housing options to individuals with moderate to low income levels. By providing this essential service, they contribute to the community by ensuring that housing remains accessible for a diverse population. The mission of Pinewood Hall is firmly rooted in its commitment to housing, aiming to make living accommodations more attainable for those in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Roselle Senior Citizen's Housing Corpora holds a Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health. Their strong performance in areas such as having 100% independent board members and robust financial oversight demonstrates a commitment to good governance. The organization also scores well on program expense ratio, with 82.15% of expenses directed towards their programs, reflecting a focus on fulfilling their mission.

The organization has implemented crucial policies, including conflict of interest and whistleblower protections, which are essential for maintaining transparency and trust. Additionally, the presence of an audit and oversight committee suggests that they prioritize financial integrity and accountability.

However, despite these strengths, the overall rating of 79% suggests there may still be areas for improvement. Continued focus on enhancing financial practices and increasing program effectiveness could further elevate their standing and impact within the community they serve.


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

Is Roselle Senior Citizen's Housing Corpora legitimate?

Roselle Senior Citizen's Housing Corpora is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roselle Senior Citizen's Housing Corpora 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Roselle Senior Citizen's Housing Corpora?

The mission of Roselle Senior Citizen's Housing Corpora, as reflected in the mission statement of its facility Pinewood Hall, is to offer housing options for individuals with moderate to low incomes. By providing suitable living spaces, the corporation aims to contribute positively to these individuals' lives, ensuring they have access to suitable housing accommodations. This mission is an essential aspect of the corporation's commitment to fostering equitable living situations for its target demographic.

Who is the CEO of Roselle Senior Citizen's Housing Corpora?

James Simmons is the President of Roselle Senior Citizen's Housing Corpora.

What is the revenue of Roselle Senior Citizen's Housing Corpora?

Roselle Senior Citizen's Housing Corpora's revenue in 2022 was $1,818,227.

Who are the executives of Roselle Senior Citizen's Housing Corpora and what are their salaries?


Here are 3 key members and their salaries:


James Simmons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Belluscio (V.P. & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yves Aubourg (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Roselle Senior Citizen's Housing Corpora?

Roselle Senior Citizen's Housing Corpora's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Roselle Senior Citizen's Housing Corpora

The Roselle Senior Citizen's Housing Corporation, a nonprofit entity, is dedicated to providing low to moderate income housing. Their mission, embodied in Pinewood Hall, a public housing facility in Roselle, New Jersey, is to offer housing solutions for individuals and families who fall within these income brackets. This commitment to affordable housing aims to ensure that everyone has a suitable place to live, irrespective of their financial circumstances.

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Impact




July, 2024

Roselle Senior Citizen's Housing Corporation, through its public housing facility Pinewood Hall in Roselle, NJ, has a significant impact on the community by providing low to moderate income housing for senior citizens. This has a direct effect on improving the quality of life for elderly individuals who may not have affordable housing options otherwise. The organization's mission to offer housing for this demographic helps to address a critical need in the community and contributes to creating a more inclusive and supportive environment for senior citizens in Roselle.




This information is meant to be a general summary of Roselle Senior Citizen's Housing Corpora. 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
$1,818,227 (2022)
Expenses
$1,722,878 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $3,630
  • Program Service Revenue: $1,801,295
  • Gross Receipts: $1,818,227

Assets and Liabilities:

  • Total Assets: $7,759,266
  • Total Liabilities: $5,637,244
  • Net Assets: $2,122,022

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Programs

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

SECTION 8 RENTAL ASSIS

Revenue

$1,052,937

TENANT RENTS

Revenue

$874,863

EXCESS RENTS

Revenue

$3,045

VACANY LOSSES, ADJUSTM

Revenue

-$129,550

Organization Details

Founding Year

1971

Principal Officer

James Simmons

Main Address

250 W 2ND AVE, ROSELLE, NJ, 072031122

NTEE Category

Code: L22Z - Housing

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