Overview
What is Reformed Church Of Highland Park - Affordable Housing Corp?
The Reformed Church of Highland Park Affordable Housing Corp, located in Highland Park, New Jersey, is a nonprofit organization dedicated to providing housing opportunities for individuals with significant life challenges. They own and manage 25 properties that accommodate a diverse range of low-income tenants, including veterans, women aging out of foster care, disabled adults, and others. In addition to their owned properties, they lease extra units from landlords and sublease them to individuals and families who might not qualify for a direct lease due to employment history, income, or other factors. Their mission is to offer affordable housing, supportive services, and community connections to low-income individuals and families in central and southern New Jersey. The organization employs around 153 people to carry out their mission.
Official website here: www.rchp-ahc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Reformed Church of Highland Park - Affordable Housing Corp received an 83% rating, indicating a solid performance in accountability and finance. Their Accountability & Finance Score is 81, showcasing responsible financial management. Notably, they have achieved a Program Expense Ratio of 96.77%, demonstrating a strong commitment to directing funds towards their programs.
Strengths of the organization include a fully independent board, evidenced by 100% independent members, and a robust governance structure with a whistleblower policy, conflict of interest policy, and thorough documentation practices. Leadership adaptability is rated at an impressive 100, which is indicative of their ability to respond to challenges effectively. The organization is strategically focused on addressing the needs of incoming refugees from Afghanistan and expanding their staffing capacity.
However, the organization faces challenges with a liabilities to assets ratio of 117.14%, which may raise concerns about financial sustainability. While their strategic goals are commendable, the implementation of these plans will be crucial in maintaining their services and organizational capacity amidst increasing demands.
This AI summary has been generated from information found on Charity Navigator.
Is Reformed Church Of Highland Park - Affordable Housing Corp legitimate?
Reformed Church Of Highland Park - Affordable Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reformed Church Of Highland Park - Affordable 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: $167,922
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,602,823
For more financial information, click here
Official website here: www.rchp-ahc.org
What is the mission statement of Reformed Church Of Highland Park - Affordable Housing Corp?
The Reformed Church of Highland Park Affordable Housing Corporation (RCHP-AHC) is dedicated to supplying affordable housing and essential services to income-limited individuals and families in Central and Southern New Jersey. They own and manage 25 properties, which provide shelter for a diverse group of tenants, such as veterans, women leaving foster care, disabled adults, and those with significant life challenges preventing them from maintaining stable housing. In addition, RCHP-AHC leases additional units from landlords and subleases them to individuals and families who may not otherwise be able to secure a direct lease due to employment history, income, or other factors. The organization strives to create meaningful community connections for its residents, offering them vital support and opportunities for growth.
Official website here: www.rchp-ahc.org
Who is the CEO of Reformed Church Of Highland Park - Affordable Housing Corp?
Seth Kaper-Dale is the Coo of Reformed Church Of Highland Park - Affordable Housing Corp. The CEO's salary of Reformed Church Of Highland Park - Affordable Housing Corp is $40,006 and their total compensation is $40,006.
Official website here: www.rchp-ahc.org
What is the revenue of Reformed Church Of Highland Park - Affordable Housing Corp?
Reformed Church Of Highland Park - Affordable Housing Corp's revenue in 2022 was $12,228,185.
Official website here: www.rchp-ahc.org
Who are the executives of Reformed Church Of Highland Park - Affordable Housing Corp and what are their salaries?
The average compensation at Reformed Church Of Highland Park - Affordable Housing Corp during 2022 was $24,645. There are 153 employees and 111 volunteers at Reformed Church Of Highland Park - Affordable Housing Corp.
Here are 19 key members and their salaries (Reformed Church Of Highland Park - Affordable Housing Corp's CEO's salary is $40,006 and their total compensation is $40,006):
- Compensation: $76,251
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- Other: $8,948
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- Other: $500
- Compensation: $40,006
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Official website here: www.rchp-ahc.org
Where can I find the form 990 for Reformed Church Of Highland Park - Affordable Housing Corp?
Reformed Church Of Highland Park - Affordable Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rchp-ahc.org
Learn more at the official website: www.rchp-ahc.org
Mission Statement of Reformed Church Of Highland Park - Affordable Housing Corp
The Reformed Church of Highland Park-Affordable Housing Corp (RCHP-AHC) is a dedicated organization that aims to provide affordable housing and supportive services to low-income individuals and families in Central and Southern New Jersey. With a mission to make a significant difference in people's lives, RCHP-AHC owns and manages 25 properties that offer affordable housing to a diverse range of tenants. These tenants include veterans, women aging out of foster care, disabled adults, and others facing substantial life challenges that hinder their ability to remain successfully housed.
In addition to owning properties, RCHP-AHC also leases units from landlords and subleases them to individuals and families who would otherwise not qualify for a direct lease due to employment history, income, or other factors. This inclusive approach extends housing opportunities to refugees and asylum seekers, ensuring that they have a safe and stable place to call home. By providing affordable housing, RCHP-AHC creates a strong foundation for individuals and families to build a better future for themselves. The organization's commitment to empowering those in need does not end at housing, as it also offers supportive services to help tenants overcome barriers and thrive in their communities.
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Impact
October, 2024
Reformed Church Of Highland Park - Affordable Housing Corp significantly impacts the community by providing stable housing for a variety of low-income tenants, including veterans, women aging out of foster care, and disabled adults. By owning 25 properties and leasing additional units, the organization addresses the urgent need for affordable housing in Highland Park, NJ.
The initiative supports individuals facing substantial life challenges that hinder their housing stability, such as lack of employment history, insufficient income, and other barriers. This helps to create an inclusive environment where refugees and asylum seekers also find a place to call home.
By connecting residents with supportive services and fostering a sense of community, the organization not only enhances housing security but also promotes overall well-being. The impact is profound, as it assists in breaking the cycle of poverty, empowers vulnerable populations, and enriches the neighborhood by fostering diversity and resilience among its residents.
This information is meant to be a general summary of Reformed Church Of Highland Park - Affordable 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $343
- Program Service Revenue: $3,401,124
- Gross Receipts: $12,230,317
Assets and Liabilities:
- Total Assets: $13,683,570
- Total Liabilities: $15,786,650
- Net Assets: -$2,103,080
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$3,275,028
SUPPORTIVE SERVICES
Revenue
$51,498
GLOBAL GRACE REVENUE
Revenue
$74,598
Organization Details
Founding Year
2006
Phone
(732) 249-7349Principal Officer
Seth Kaper-Dale
Main Address
19-21 South Second Avenue, Highland Park, NJ, 08904
Website
www.rchp-ahc.orgNTEE Category
Code: P73 - Human services
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