Overview
What is West Long Branch Senior Citizens Housing T/A Peter Cooper Village?
West Long Branch Senior Citizens Housing T/A Peter Cooper Village is a government-subsidized housing project located at 200 Forest Street, West Long Branch, New Jersey. This nonprofit organization, known as Peter Cooper Village, is dedicated to providing a comfortable and secure living environment for low- and moderate-income senior citizens and disabled individuals. The project boasts 150 units, aiming to enhance the retirement years of its residents by offering high-quality, subsidized housing. The organization employs a team of 17 individuals to ensure the proper maintenance and management of the residential community.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 94%, Four-Star out of Four Star rating.
West Long Branch Senior Citizens Housing, operating as Peter Cooper Village, has achieved an impressive 94% rating from Charity Navigator, reflecting strong accountability and financial management. The organization scored highly in several categories, showcasing a commitment to transparency and responsible governance. Notably, it has a fully independent board, which reinforces its dedication to ethical oversight.
The organization excels in financial stewardship, with an 81.03% program expense ratio, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. Additionally, its financial practices are robust, as evidenced by a low liabilities-to-assets ratio of 6.30%, demonstrating sound financial health. The presence of comprehensive policies such as conflict of interest and whistleblower protections further underscores the organization’s commitment to maintaining integrity.
While the rating is exceptionally high, the data does not provide insights into the qualitative aspects of its programs or community impact. Prospective donors and supporters may want to seek additional information regarding the specific programs offered and their outcomes to gain a fuller understanding of the organization’s effectiveness in serving the senior community.
This AI summary has been generated from information found on Charity Navigator.
Is West Long Branch Senior Citizens Housing T/A Peter Cooper Village legitimate?
West Long Branch Senior Citizens Housing T/A Peter Cooper Village is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Long Branch Senior Citizens Housing T/A Peter Cooper Village 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: $462,832
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What is the mission statement of West Long Branch Senior Citizens Housing T/A Peter Cooper Village?
The mission of West Long Branch Senior Citizens Housing, also known as Peter Cooper Village, is to establish and maintain a residential community that offers a high standard of living for low-income elderly citizens and disabled individuals. This community is designed to provide a safe, enjoyable, and subsidized living environment, aiming to enhance the retirement years for its residents. The housing project, encompassing 150 units, strives to offer government-subsidized housing that enhances the overall living experience for its senior residents.
Who is the CEO of West Long Branch Senior Citizens Housing T/A Peter Cooper Village?
Robert Van Brunt is the President of West Long Branch Senior Citizens Housing T/A Peter Cooper Village.
What is the revenue of West Long Branch Senior Citizens Housing T/A Peter Cooper Village?
West Long Branch Senior Citizens Housing T/A Peter Cooper Village's revenue in 2022 was $1,995,429.
Who are the executives of West Long Branch Senior Citizens Housing T/A Peter Cooper Village and what are their salaries?
The average compensation at West Long Branch Senior Citizens Housing T/A Peter Cooper Village during 2022 was $27,225. There are 17 employees and 9 volunteers at West Long Branch Senior Citizens Housing T/A Peter Cooper Village.
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Where can I find the form 990 for West Long Branch Senior Citizens Housing T/A Peter Cooper Village?
West Long Branch Senior Citizens Housing T/A Peter Cooper Village's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of West Long Branch Senior Citizens Housing T/A Peter Cooper Village
West Long Branch Senior Citizens Housing T/A Peter Cooper Village is dedicated to providing a superior, secure, and enjoyable living environment for low-income and disabled senior citizens. This nonprofit organization strives to offer high-quality, subsidized housing that aims to enhance the retirement years for its residents. The project, consisting of 150 units, is committed to delivering government-subsidized housing, which seeks to cater to the needs and desires of its senior residents.
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Impact
October, 2024
West Long Branch Senior Citizens Housing T/A Peter Cooper Village plays a vital role in enhancing the quality of life for low and moderate-income senior citizens and disabled individuals in West Long Branch, NJ. By providing 150 units of government-subsidized housing, it ensures that residents have access to safe, affordable, and enjoyable living conditions. The community focuses on creating a supportive environment where seniors can thrive during their retirement years.
The project's commitment to maintaining high-quality housing serves to alleviate the financial burdens often faced by older adults, allowing them to prioritize their well-being and social engagement. By fostering a sense of community, Peter Cooper Village not only addresses housing needs but also promotes companionship and support among residents, crucial for mental and emotional health. Ultimately, its impact extends beyond mere shelter, contributing to the overall health, happiness, and dignity of its residents.
This information is meant to be a general summary of West Long Branch Senior Citizens Housing T/A Peter Cooper Village. 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: $314
- Program Service Revenue: $808,820
- Gross Receipts: $1,995,429
Assets and Liabilities:
- Total Assets: $3,834,203
- Total Liabilities: $241,619
- Net Assets: $3,592,584
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT RENT
Revenue
$865,881
CONGREGATE TENANT FEES
Revenue
$31,651
MANAGER'S APARTMENT
Revenue
$15,764
VACANCY LOSS
Revenue
-$104,476
Organization Details
Founding Year
1976
Phone
(732) 229-3800Principal Officer
Robert Van Brunt
Main Address
200 FOREST STREET, WEST LONG BRANCH, NJ, 077641678
NTEE Category
Code: L22 - Housing
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