Overview
What is Jersey City Uaw Senior Citizens Housing Company?
Jersey City UAW Senior Citizens Housing Company, operating under the name Plaza Apartments, is a nonprofit organization based in New Brunswick, New Jersey. Their primary mission is to provide affordable housing for individuals who meet specific criteria, ensuring they adhere to standards set by either the US Department of Housing and Urban Development (HUD) or the New Jersey Housing and Mortgage Finance Agency (HMFA). The housing is limited to low-income families and individuals, with eligibility determined by factors such as annual gross income, age, disability status, and citizenship or immigration status. Jersey City UAW Senior Citizens Housing Company operates with a commitment to serving the public by providing affordable housing opportunities for low and moderate-income disabled or senior citizens in New Jersey. The organization currently employs 9 individuals and continues to operate in compliance with state laws and regulations allowing for the development and operation of affordable housing by nonprofit entities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%
Jersey City Uaw Senior Citizens Housing Company Dba Plaza Apartments has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating is derived solely from its Accountability & Finance score, which reflects the organization’s commitment to transparency and responsible management of resources.
The organization demonstrates strong governance with 63% of its board members being independent. It has effective policies in place, including a conflict of interest policy and a whistleblower policy, both of which are fully documented. The financial oversight is robust, evidenced by a well-functioning Audit and Oversight Committee, and the organization has not faced any material asset diversions.
However, while the financial aspects are commendable, the summary does not provide insight into programmatic effectiveness or overall impact. This leaves a gap in understanding how well the organization meets its mission beyond just financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Jersey City Uaw Senior Citizens Housing Company legitimate?
Jersey City Uaw Senior Citizens Housing Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Jersey City Uaw Senior Citizens Housing Company 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: $202,992
For more financial information, click here
What is the mission statement of Jersey City Uaw Senior Citizens Housing Company?
Jersey City UAW Senior Citizens Housing Company, operating under the name Plaza Apartments, is committed to serving a public purpose. Their primary mission is to provide and promote affordable housing opportunities for low and moderate-income disabled or senior citizens in New Jersey. To achieve this, the company operates a housing community in accordance with a state law permitting non-profit entities to develop and manage affordable housing. This mission aims to ensure that these vulnerable groups have access to suitable living spaces.
Who is the CEO of Jersey City Uaw Senior Citizens Housing Company?
Joe Latoof is the President of Jersey City Uaw Senior Citizens Housing Company.
What is the revenue of Jersey City Uaw Senior Citizens Housing Company?
Jersey City Uaw Senior Citizens Housing Company's revenue in 2022 was $1,902,420.
Who are the executives of Jersey City Uaw Senior Citizens Housing Company and what are their salaries?
The average compensation at Jersey City Uaw Senior Citizens Housing Company during 2022 was $22,555. There are 9 employees at Jersey City Uaw Senior Citizens Housing Company.
Here are 16 key members and their salaries:
- Compensation: $0
- Related: $206,727
- Other: $4,958
- Compensation: $0
- Related: $58,163
- Other: $1,874
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $58,163
- Other: $924
- Compensation: $0
- Related: $61,913
- Other: $696
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $161,998
- Other: $2,875
- Compensation: $0
- Related: $166,806
- Other: $33,202
- Compensation: $0
- Related: $148,008
- Other: $14,646
- Compensation: $0
- Related: $106,047
- Other: $32,555
Where can I find the form 990 for Jersey City Uaw Senior Citizens Housing Company?
Jersey City Uaw Senior Citizens Housing Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Jersey City Uaw Senior Citizens Housing Company
Jersey City UAW Senior Citizens Housing Company Dba Plaza Apartments, in its mission, aims to serve a public purpose and offer affordable housing opportunities to low-income disabled or senior citizens in New Jersey. Specifically, the organization intends to continue operating its housing community in line with a state law that allows the establishment and operation of affordable housing by non-profit entities. This mission is instrumental in providing a home for those in need, ensuring they can live with dignity and security.
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Impact
August, 2024
Jersey City Uaw Senior Citizens Housing Company, doing business as Plaza Apartments, significantly impacts low and moderate-income disabled or senior citizens in New Jersey by providing affordable and subsidized housing. The organization works to ensure that individuals in need have access to housing that meets specified standards set by the US Department of Housing and Urban Development or the NJ Housing and Mortgage Finance Agency. By limiting rentals to those who qualify for affordable housing programs through deed restrictions and financial agreements, Jersey City Uaw helps address the housing needs of low-income families and individuals. Through its mission to promote affordable housing opportunities, the organization plays a vital role in supporting vulnerable populations in New Jersey.
This information is meant to be a general summary of Jersey City Uaw Senior Citizens Housing Company. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $148
- Program Service Revenue: $356,094
- Gross Receipts: $1,902,420
Assets and Liabilities:
- Total Assets: $3,320,035
- Total Liabilities: $3,997,101
- Net Assets: -$677,066
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT REVENUE
Revenue
$345,561
OTHER REVENUE
Revenue
$10,533
Organization Details
Founding Year
1981
Phone
(732) 640-2088Principal Officer
Joe Latoof
Main Address
88 HUNTINGTON STREET, NEW BRUNSWICK, NJ, 08910
NTEE Category
Code: L21 - Housing
If you are a representative of Jersey City Uaw Senior Citizens Housing Company and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.