Overview
What is Westfield Senior Citizens Housing Corporation?
Westfield Senior Citizens Housing Corporation is a nonprofit organization situated in Westfield, New Jersey, specifically at 1133 Boynton Avenue. Its primary mission is to empower senior citizens by offering them comfortable and affordable housing, complemented by engaging social and recreational activities. This approach aims to maintain the autonomy and independence of these individuals. The organization, with a team of 21 dedicated employees, is committed to this cause, providing a supportive living environment that fosters a sense of community among its senior residents.
Official website here: www.westfieldseniorhousing.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 67%, Two-Star out of Four Star rating.
Westfield Senior Citizens Housing Corporation has received a score that indicates some strengths in their accountability and finance practices. Notably, the organization features a fully independent board, which can enhance governance and decision-making. Their financial statements are audited properly, and there are no reported diversions of assets. However, the organization faces challenges reflected in a lower Program Expense Ratio, suggesting that a smaller portion of their budget is directed towards programmatic activities compared to administrative costs.
Despite the positive aspects, the organization has several policy gaps that negatively impact its rating. The absence of a Whistleblower Policy and Document Retention and Destruction policy raises concerns about transparency and risk management. Additionally, the nonprofit has not posted its Tax Form on its website, which could hinder public access to important financial information.
Overall, while Westfield Senior Citizens Housing Corporation demonstrates solid governance structures, the areas for improvement in policy implementation and program expense allocation highlight the need for further development to enhance their overall effectiveness and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Westfield Senior Citizens Housing Corporation legitimate?
Westfield Senior Citizens Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westfield Senior Citizens Housing Corporation 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: $260,479
Professional Fundraising Fees: $0
Other Salaries and Wages: $671,192
For more financial information, click here
Official website here: www.westfieldseniorhousing.com
What is the mission statement of Westfield Senior Citizens Housing Corporation?
The Westfield Senior Citizens Housing Corporation's mission is centered around enhancing the independence of senior citizens. They achieve this by offering comfortable and affordable housing, complemented with social and recreational activities. The corporation's primary goal is to provide a living environment that caters to the needs of low and moderate income seniors, thereby enriching their quality of life. The organization's activities also include engaging senior citizens in various social events, aiming to foster a sense of community among its residents.
Official website here: www.westfieldseniorhousing.com
Who is the CEO of Westfield Senior Citizens Housing Corporation?
Elizabeth A Fennik is the President of Westfield Senior Citizens Housing Corporation.
Official website here: www.westfieldseniorhousing.com
What is the revenue of Westfield Senior Citizens Housing Corporation?
Westfield Senior Citizens Housing Corporation's revenue in 2022 was $4,747,355.
Official website here: www.westfieldseniorhousing.com
Who are the executives of Westfield Senior Citizens Housing Corporation and what are their salaries?
The average compensation at Westfield Senior Citizens Housing Corporation during 2022 was $44,365. There are 21 employees and 14 volunteers at Westfield Senior Citizens Housing Corporation.
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- Compensation: $275,981
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- Other: $12,675
Official website here: www.westfieldseniorhousing.com
Where can I find the form 990 for Westfield Senior Citizens Housing Corporation?
Westfield Senior Citizens Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.westfieldseniorhousing.com
Learn more at the official website: www.westfieldseniorhousing.com
Mission Statement of Westfield Senior Citizens Housing Corporation
Westfield Senior Citizens Housing Corporation is dedicated to enhancing the independence of senior citizens. They accomplish this by offering comfortable and affordable housing, complemented by engaging social and recreational activities. The organization's mission is centered around providing a living environment that caters to the needs of low and moderate income elderly individuals, thereby fostering a sense of community and promoting an active lifestyle. By offering housing and recreational programs, Westfield Senior Citizens Housing Corporation aims to enrich the lives of its residents, enabling them to maintain their independence and enjoy their golden years to the fullest.
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Impact
October, 2024
Westfield Senior Citizens Housing Corporation significantly enhances the quality of life for senior citizens by providing comfortable and affordable housing options in Westfield, NJ. By focusing on low and moderate-income seniors, the organization ensures that this vulnerable population has access to safe, dignified living environments that promote independence.
In addition to housing, the Corporation fosters a sense of community through various social and recreational activities. This holistic approach not only meets basic housing needs but also combats isolation and encourages social interaction among residents. By extending the independence of seniors, Westfield Senior Citizens Housing Corporation plays a crucial role in enhancing their overall well-being and empowerment. The integration of comfortable living spaces with enriching community programs creates a supportive environment that allows seniors to thrive.
This information is meant to be a general summary of Westfield Senior Citizens Housing Corporation. 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: $219,108
- Program Service Revenue: $986,881
- Gross Receipts: $4,762,575
Assets and Liabilities:
- Total Assets: $52,611,155
- Total Liabilities: $13,065,397
- Net Assets: $39,545,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tenant Rents
Revenue
$828,763
Congregate Participant Fees
Revenue
$100,007
Laundry Income
Revenue
$16,118
Management Fees
Revenue
$41,993
Organization Details
Founding Year
1977
Phone
(908) 233-5898Principal Officer
Elizabeth A Fennik
Main Address
1133 Boynton Avenue, Westfield, NJ, 07090
NTEE Category
Code: L210 - Housing
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