The Nassau Foundation Inc

Mercer House

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

EIN: 133534894 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Nassau Foundation Inc?

The Nassau Foundation Inc, operating under the name Mercer House, is a nonprofit organization situated in Princeton, New Jersey, with an additional office in Philadelphia, Pennsylvania. Their primary mission is educational and religious, focusing on fostering a practical and intellectual approach to the Christian faith and spiritual life. They offer programming that caters to the educational, cultural, and religious needs of the local community, providing services at their residential facility in Princeton. The organization employs a team of four individuals dedicated to their cause.


Official website here: www.mercerhouseprinceton.org

Is The Nassau Foundation Inc legitimate?

The Nassau Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Nassau Foundation Inc 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: $84,168

For more financial information, click here


Official website here: www.mercerhouseprinceton.org

What is the mission statement of The Nassau Foundation Inc?

The Nassau Foundation Inc's mission is primarily focused on education and religion. It strives to foster a practical and thoughtful approach to spiritual life and the Christian faith. The organization accomplishes this through various services and activities, offering both educational and cultural experiences to its community members. Based in Princeton, New Jersey and Philadelphia, Pennsylvania, the foundation operates a residential facility and an office, providing a platform for these religious and intellectual pursuits.


Official website here: www.mercerhouseprinceton.org

What is the revenue of The Nassau Foundation Inc?

The Nassau Foundation Inc's revenue in 2023 was $264,230.


Official website here: www.mercerhouseprinceton.org

Who are the executives of The Nassau Foundation Inc and what are their salaries?

The average compensation at The Nassau Foundation Inc during 2023 was $16,834. There are 5 employees and 7 volunteers at The Nassau Foundation Inc.

Here are 3 key members and their salaries:


Luis Tellez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Yandoli (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Doherty (Treasurer/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mercerhouseprinceton.org

Where can I find the form 990 for The Nassau Foundation Inc?

The Nassau Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mercerhouseprinceton.org

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

Mission Statement of The Nassau Foundation Inc

The Nassau Foundation Inc, as an organization, is primarily dedicated to educational and religious endeavors. Its mission is geared towards promoting a practical and intellectual approach to the Christian faith and spiritual life. This is achieved through the provision of various services and activities that cater to this purpose. The foundation operates both an educational and religious residential facility in Princeton, New Jersey, and an office in Philadelphia, Pennsylvania. These facilities serve as platforms for offering educational, cultural, and religious services to students and the broader community.

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Impact




October, 2024

The Nassau Foundation Inc significantly impacts the community by fostering an environment that promotes both education and spiritual growth. Through its residential facility in Princeton and office in Philadelphia, it offers a diverse range of programming that enriches the lives of students and residents alike. These activities are designed to encourage a practical and intellectual exploration of the Christian faith, helping individuals deepen their understanding and practice of their beliefs. The foundation serves as a cultural and educational hub, supporting personal development and community engagement through its various services. This holistic approach not only nurtures individual faith journeys but also strengthens the broader community by facilitating meaningful discussions and interactions around spirituality and education.




This information is meant to be a general summary of The Nassau Foundation Inc. 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
$264,230 (2023)
Expenses
$306,017 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $149,745
  • Gross Receipts: $264,230

Assets and Liabilities:

  • Total Assets: $593,972
  • Total Liabilities: $2,682
  • Net Assets: $591,290

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Programs

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

Residence Study Center

Revenue

$146,994

Service Trips

Revenue

$2,751

Organization Details

Founding Year

1988

Principal Officer

Luis Tellez

NTEE Category

Code: Z99 - Unknown

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