Overview
What is Pch Village Inc?
Pch Village Inc, situated in Princeton, New Jersey, is a dedicated nonprofit organization that provides affordable housing for individuals and families with moderate incomes. Established in 1975, the village is nestled in a wooded site with easy access to open spaces, bike paths, and a municipal playground. The village's operations and buildings are managed by Pch Development Corporation, a 501(c)3 entity. Pch Village Inc offers a bilingual social services coordinator to assist residents with relevant programs and connect them to community resources. Additionally, the village provides free bus service to shopping areas, the library, and senior resource centers, operates six days a week, and is situated on the NJ Transit bus route. Pch Village Inc strives to build a strong community among its diverse residents, hosting events such as quarterly resident meetings and annual holiday celebrations. The village currently manages 24 housing units through the HUD's Rental Assistance Demonstration (RAD) program, ensuring affordable housing for its residents.
Official website here: www.princetoncommunityhousing.org
Is Pch Village Inc legitimate?
Pch Village Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pch Village 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.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.princetoncommunityhousing.org
What is the mission statement of Pch Village Inc?
Pch Village Inc's mission is to offer high-quality rental homes within a welcoming and diverse community for individuals and families whose income ranges between 30% and 128% of the county median. The organization complies with guidelines set by the US Department of Housing and Urban Development (HUD). Beyond providing housing, Pch Village Inc aims to offer social and supportive opportunities and ensure access to resources within the local community for its over 600 residents. As the income of its residents increases, they are given the option to continue living there at a higher monthly rent. Pch Village Inc also provides a limited number of federal rent subsidies to 40 lower-income residents, enabling them to pay no more than 30% of their income in rental charges.
Official website here: www.princetoncommunityhousing.org
Who is the CEO of Pch Village Inc?
Edward Truscelli is the Board Member of Pch Village Inc.
Official website here: www.princetoncommunityhousing.org
What is the revenue of Pch Village Inc?
Pch Village Inc's revenue in 2022 was $2,383,261.
Official website here: www.princetoncommunityhousing.org
Who are the executives of Pch Village Inc and what are their salaries?
There 21 volunteers at Pch Village Inc.
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- Related: $130,455
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- Related: $176,470
- Other: $31,249
Official website here: www.princetoncommunityhousing.org
Where can I find the form 990 for Pch Village Inc?
Pch Village Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.princetoncommunityhousing.org
Learn more at the official website: www.princetoncommunityhousing.org
Mission Statement of Pch Village Inc
Pch Village Inc, a non-profit organization, is dedicated to providing quality rental homes for individuals and families with varying incomes. Their mission encompasses accommodating households whose income ranges from 30% of the county median for a one-bedroom household to 128% for a four-person household. These homes adhere to guidelines set by the United States Department of Housing and Urban Development (HUD).
Beyond offering housing, Pch Village Inc strives to create a welcoming and diverse community. They have developed a collection of 168 townhouses, ranging from two to four bedrooms, and a six-story apartment building with 71 single bedroom apartments. The organization's aim is to not only provide a home but also to establish a supportive environment for its more than 600 residents.
For those whose incomes gradually increase over time, Pch Village Inc ensures that they can continue living in their homes without facing an escalation in monthly rent charges. The non-profit also provides a limited number of federal rent subsidies to 40 lower-income residents, enabling them to pay no more than 30% of their income in rental charges. Thus, Pch Village Inc not only offers affordable housing but also ensures the stability and progress of its residents.
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Impact
October, 2024
Pch Village Inc plays a significant role in creating a supportive and inclusive environment for individuals and families in Princeton, NJ, who are seeking affordable housing. By offering quality rental homes that accommodate a wide range of incomes, from 30% to 128% of the county median, Pch Village Inc ensures that low and moderate-income residents have access to safe and stable living conditions.
The organization manages a diverse community of over 600 residents across 168 townhouses and a six-story apartment building. The integration of residents from 32 different countries fosters a rich cultural environment, promoting inclusivity and diversity within the neighborhood.
Pch Village Inc not only provides housing but also enhances the quality of life for its residents through an array of social services and community programs. A bilingual social services coordinator assists residents in navigating available resources, including educational initiatives provided by organizations like Princeton Young Achievers. These programs contribute to the overall development and well-being of residents, particularly children, by offering after-school educational opportunities.
Furthermore, the village is designed with residents' accessibility in mind, providing free transportation to local shopping areas, libraries, and senior resource centers. Additionally, the Ted Vial Clubhouse serves as a communal space for gatherings, seminars, and social events, helping to build a sense of community and encouraging connections among residents.
The ongoing support for residents who may experience income changes allows families to remain in their homes even as their financial circumstances improve, a substantial benefit in maintaining community stability. By enhancing affordability, accessibility, and social cohesion, Pch Village Inc significantly impacts the lives of its residents and the broader Princeton community.
This information is meant to be a general summary of Pch Village 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: $1,069
- Program Service Revenue: $2,382,192
- Gross Receipts: $2,383,261
Assets and Liabilities:
- Total Assets: $7,516,199
- Total Liabilities: $0
- Net Assets: $7,516,199
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FLOW THROUGH INCOME
Revenue
$2,382,192
Organization Details
Founding Year
1984
Phone
(609) 924-3822Principal Officer
Edward Truscelli
Main Address
ONE MONUMENT DRIVE, PRINCETON, NJ, 08540
NTEE Category
Code: L21 - Housing
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