Overview
What is The Sandy Mayer Corporation?
The Sandy Mayer Corporation is a nonprofit organization based in Parsippany, New Jersey, specifically at 959 Rout 46 East, Suite 402. This organization specializes in providing HUD 811 subsidized housing, catering to individuals struggling with mental illness. During a typical year, they accommodate a number of tenants in their building who benefit from this affordable housing initiative. The Sandy Mayer Corporation's mission revolves around offering a supportive living environment for those affected by mental illness.
Official website here: www.communityhope-nj.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82%, Three-Star out of Four Star rating.
The Sandy Mayer Corporation holds a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is significantly influenced by the organization’s strong governance practices, such as having a fully independent board and comprehensive policies in place for conflict of interest and whistleblower protection.
The organization shows commendable transparency, evidenced by the availability of its website on tax forms and meticulous documentation practices, including board meeting minutes. However, it faces challenges in financial management, as indicated by a liabilities to assets ratio of 135.09%, which suggests that the organization may have elevated liabilities compared to its assets. This aspect might warrant further scrutiny for potential financial stability issues.
This AI summary has been generated from information found on Charity Navigator.
Is The Sandy Mayer Corporation legitimate?
The Sandy Mayer Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Sandy Mayer Corporation 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
Official website here: www.communityhope-nj.org
What is the mission statement of The Sandy Mayer Corporation?
The Sandy Mayer Corporation is a HUD 811 organization, dedicated to providing affordable housing for individuals who are suffering from mental illness. Specifically, their mission involves subsidizing housing to offer a living solution for those in need. The organization aims to make housing accessible for this population, thereby improving their overall living conditions. During the past year, the corporation housed five tenants in their building.
Official website here: www.communityhope-nj.org
Who is the CEO of The Sandy Mayer Corporation?
Carmine V Deo is the Board Treasurer of The Sandy Mayer Corporation.
Official website here: www.communityhope-nj.org
What is the revenue of The Sandy Mayer Corporation?
The Sandy Mayer Corporation's revenue in 2020 was $26,371.
Official website here: www.communityhope-nj.org
Who are the executives of The Sandy Mayer Corporation and what are their salaries?
There 4 volunteers at The Sandy Mayer Corporation.
Here are 5 key members and their salaries:
- 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: $150,623
- Other: $11,260
Official website here: www.communityhope-nj.org
Where can I find the form 990 for The Sandy Mayer Corporation?
The Sandy Mayer Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.communityhope-nj.org
Learn more at the official website: www.communityhope-nj.org
Mission Statement of The Sandy Mayer Corporation
The Sandy Mayer Corporation is a housing organization that specializes in providing affordable living spaces for individuals battling mental illness. This organization, subsidized under the HUD 811 program, is dedicated to offering a supportive environment for those in need, focusing specifically on those dealing with mental health challenges. During the given year, the organization provided housing for five tenants within their building, demonstrating their commitment to making a difference in the lives of those they serve.
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Impact
June, 2024
The Sandy Mayer Corporation has a significant impact on individuals suffering from mental illness by providing affordable housing through HUD 811 subsidized housing programs. This organization, based in Parsippany, NJ, has directly supported five tenants in the building during the calendar year, offering a stable and secure living environment for those in need. By focusing on this specific mission, The Sandy Mayer Corporation plays a vital role in addressing the housing needs of individuals with mental health challenges, ultimately enhancing their overall well-being and quality of life.
This information is meant to be a general summary of The Sandy Mayer Corporation. 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 2020.
- Investment Income: $153
- Program Service Revenue: $8,052
- Gross Receipts: $26,371
Assets and Liabilities:
- Total Assets: $295,627
- Total Liabilities: $399,378
- Net Assets: -$103,751
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FEES
Revenue
$8,052
Organization Details
Founding Year
2002
Phone
(973) 463-9600Principal Officer
Carmine V Deo
Main Address
959 ROUTE 46 EAST NO 402, PARSIPPANY, NJ, 07054
Website
www.communityhope-nj.orgNTEE Category
Code: F33 - Mental health
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