Church Towers Urban Renewal Corp

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

EIN: 221763570 ✦ Hoboken, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Church Towers Urban Renewal Corp?

Church Towers Urban Renewal Corp is a nonprofit organization situated in Hoboken, New Jersey, with a specific mission to offer affordable housing options for families falling under the low and middle-income brackets. With a dedicated workforce of 26 individuals, this organization is committed to providing affordable housing, contributing positively to the local community. The organization's primary activity involves the provision of housing, offering a valuable resource to families in need of affordable living solutions.

Is Church Towers Urban Renewal Corp legitimate?

Church Towers Urban Renewal Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Church Towers Urban Renewal 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,377,588

For more financial information, click here

What is the mission statement of Church Towers Urban Renewal Corp?

Church Towers Urban Renewal Corp, as a non-profit organization, is committed to providing affordable housing solutions for families with moderate to low incomes. Their mission is centered around making housing accessible and affordable for this demographic, aiming to contribute positively to their living standards. The corporation works diligently to achieve this goal, offering housing options that are within the financial reach of these families, thereby promoting social equity and stability.

Who is the CEO of Church Towers Urban Renewal Corp?

Carolyn Wade is the Principal Officer of Church Towers Urban Renewal Corp.

What is the revenue of Church Towers Urban Renewal Corp?

Church Towers Urban Renewal Corp's revenue in 2022 was $5,066,094.

Who are the executives of Church Towers Urban Renewal Corp and what are their salaries?

The average compensation at Church Towers Urban Renewal Corp during 2022 was $52,984. There are 26 employees at Church Towers Urban Renewal Corp.


There is 1 key member and their salary:


Michele Long-Vickers (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Church Towers Urban Renewal Corp?

Church Towers Urban Renewal Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Church Towers Urban Renewal Corp

Church Towers Urban Renewal Corp, as a non-profit organization, is dedicated to providing affordable housing solutions for families falling under the low and middle income brackets. Their mission is centered around this objective, striving to make housing more accessible and affordable for those who may otherwise struggle with high living costs. By offering affordable housing options, Church Towers Urban Renewal Corp aims to contribute positively to the community, ensuring that everyone has a decent place to live, regardless of their income level.

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Impact




October, 2024

Church Towers Urban Renewal Corp significantly impacts Hoboken, NJ, by providing affordable housing options for low and middle-income families. By focusing on creating accessible living spaces, it addresses the growing need for affordable housing in urban areas, helping to alleviate housing insecurity and improve the quality of life for residents. The organization plays a crucial role in fostering diverse communities, ensuring that those with varying income levels can find stable housing within the city. Its commitment to affordable living not only supports families but also contributes to the overall well-being and economic vitality of the community.




This information is meant to be a general summary of Church Towers Urban Renewal 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.

Revenue
$5,066,094 (2022)
Expenses
$5,556,276 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,782
  • Program Service Revenue: $5,064,312
  • Gross Receipts: $5,066,094

Assets and Liabilities:

  • Total Assets: $2,545,897
  • Total Liabilities: $660,757
  • Net Assets: $1,885,140

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Programs

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

Residential Rental

Revenue

$5,064,312

Organization Details

Founding Year

1965

Principal Officer

Carolyn Wade

Main Address

10 Church Towers, Hoboken, NJ, 070302757

NTEE Category

Code: L80 - Housing

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