Overview
What is University Court Inc?
University Court Inc is a nonprofit organization situated in Newark, New Jersey, with a focus on providing affordable housing for low and moderate-income families within the city. With a workforce of ten dedicated individuals, their primary mission is to cater to the housing needs of this demographic, enhancing the living conditions in the community. While the information provided does not detail specific programs or initiatives, it is clear that University Court Inc is committed to making a positive impact on families in need of housing assistance.
Is University Court Inc legitimate?
University Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. University Court 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.
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What is the mission statement of University Court Inc?
University Court Inc, as an organization, is committed to providing housing solutions for families with modest incomes. Their mission is centered around offering affordable living accommodations within a specific city, although the exact location is not specified in the provided information. The primary goal of University Court Inc is to contribute to the housing needs of low-income families, ensuring they have access to suitable living arrangements. The organization's activities are focused on providing housing solutions, thereby addressing the housing needs of families who might otherwise have limited options.
Who is the CEO of University Court Inc?
Sharon Thigpen is the Board Member of University Court Inc.
What is the revenue of University Court Inc?
University Court Inc's revenue in 2022 was $263,389.
Who are the executives of University Court Inc and what are their salaries?
There are 10 employees at University Court Inc.
Here are 6 key members and their salaries:
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Where can I find the form 990 for University Court Inc?
University Court Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of University Court Inc
University Court Inc, as a nonprofit organization, is dedicated to providing housing solutions for families with modest to low income levels. Their primary mission is to ensure that these families have access to suitable living spaces within the city. By offering housing options, University Court Inc aims to contribute positively to the community and support families in need, thereby promoting a sense of stability and well-being.
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Impact
October, 2024
University Court Inc significantly impacts the community by providing essential housing solutions for low and moderate-income families in Newark, NJ. By addressing the critical need for affordable housing, it helps improve living conditions and foster stability for families facing economic challenges. The organization's efforts contribute to the overall well-being of the community, enabling families to thrive and access opportunities that might otherwise be out of reach. The availability of affordable housing not only supports the residents but also promotes economic and social vibrancy within Newark, making it a more equitable place for all.
This information is meant to be a general summary of University Court 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,055
- Gross Receipts: $2,395,507
Assets and Liabilities:
- Total Assets: $3,328,018
- Total Liabilities: $2,865,718
- Net Assets: $462,300
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Organization Details
Founding Year
1968
Principal Officer
Sharon Thigpen
Main Address
419 WASHINGTON STREET, Newark, NJ, 07102
NTEE Category
Code: L21 - Housing
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