Overview
What is Elizabeth Center Apartments Urban Renewal Corp?
Elizabeth Center Apartments Urban Renewal Corp is a nonprofit organization situated in Elizabeth, New Jersey, specifically at 809 Pearl Street. Its primary mission is to offer affordable housing opportunities to individuals who have been displaced due to urban renewal or governmental actions, as well as to individuals with low to moderate incomes. The organization has a workforce of nine dedicated individuals, ensuring it can effectively carry out its mission and provide affordable housing to those in need. By doing so, Elizabeth Center Apartments Urban Renewal Corp plays an essential role in addressing housing inequality and contributing to the community's overall well-being.
Is Elizabeth Center Apartments Urban Renewal Corp legitimate?
Elizabeth Center Apartments Urban Renewal Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elizabeth Center Apartments 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: $307,845
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What is the mission statement of Elizabeth Center Apartments Urban Renewal Corp?
The Elizabeth Center Apartments Urban Renewal Corp is committed to offering affordable housing solutions. This organization specifically targets individuals who have been displaced due to urban renewal or governmental actions, as well as those with low to moderate income levels. Their mission aligns with their activities, which involve providing affordable housing options to cater to these specific groups of individuals.
What is the revenue of Elizabeth Center Apartments Urban Renewal Corp?
Elizabeth Center Apartments Urban Renewal Corp's revenue in 2023 was $2,708,235.
Who are the executives of Elizabeth Center Apartments Urban Renewal Corp and what are their salaries?
The average compensation at Elizabeth Center Apartments Urban Renewal Corp during 2023 was $34,205. There are 9 employees at Elizabeth Center Apartments Urban Renewal Corp.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Elizabeth Center Apartments Urban Renewal Corp?
Elizabeth Center Apartments Urban Renewal Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Elizabeth Center Apartments Urban Renewal Corp
Elizabeth Center Apartments Urban Renewal Corp is dedicated to providing affordable housing solutions for individuals who have been displaced due to urban renewal or governmental actions, as well as for those with low to moderate income levels. The organization's mission is centered around offering a secure living environment for these individuals, ensuring they have access to suitable housing that meets their financial needs. By engaging in activities consistent with its stated mission, Elizabeth Center Apartments Urban Renewal Corp strives to contribute positively to the housing landscape, addressing the needs of those who may have been impacted by large-scale urban development projects or face income constraints.
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Impact
October, 2024
Elizabeth Center Apartments Urban Renewal Corp significantly impacts the community by addressing the critical need for affordable housing. By focusing on individuals displaced by urban renewal or governmental actions, the organization plays a vital role in stabilizing the lives of those affected by such changes. This commitment extends to providing housing solutions for low to moderate income individuals, ensuring that vulnerable populations have access to safe and affordable living options in Elizabeth, NJ.
Through its consistent engagement in activities aligned with its mission, the organization not only helps to mitigate the effects of displacement but also fosters a sense of community and belonging for its residents. By prioritizing affordable housing, Elizabeth Center Apartments Urban Renewal Corp contributes to the overall economic and social stability of the region, helping to create a more inclusive and equitable urban landscape.
This information is meant to be a general summary of Elizabeth Center Apartments 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,332
- Program Service Revenue: $2,705,903
- Gross Receipts: $2,708,235
Assets and Liabilities:
- Total Assets: $5,775,332
- Total Liabilities: $5,470,974
- Net Assets: $304,358
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Carrying charges
Revenue
$2,618,805
Garage and parking charges
Revenue
$44,211
Laundry and vending charges
Revenue
$37,400
Other
Revenue
$5,487
Organization Details
Founding Year
1966
Principal Officer
Francisco Gonzalez
NTEE Category
Code: Z99 - Unknown
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