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Eagle Rock Senior Citizen's Housing Association

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222132899 ✦ West orange, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Eagle Rock Senior Citizen's Housing Association?

Eagle Rock Senior Citizen's Housing Association is a nonprofit organization located at 430 Main Street, West Orange, New Jersey. Its primary focus is to offer housing accommodations for individuals with low to moderate income. With a dedicated workforce of six employees, the association is committed to providing a supportive living environment for its residents. While the description does not provide specific details about the organization's activities or initiatives, it is clear that their mission revolves around housing assistance.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)

Eagle Rock Senior Citizen's Housing Association has achieved an 82% score, reflecting a solid performance in accountability and finance. The organization boasts a fully independent board, demonstrating strong governance practices, which is essential for maintaining trust and transparency with stakeholders. Its financial health is underscored by an excellent program expense ratio of 85.21%, indicating a significant focus on directing resources towards its mission.

The organization has also scored perfectly in key areas such as financial oversight and the absence of material diversion of assets, showcasing effective management practices. The audit and oversight committee is well-structured, contributing to the organization's financial integrity. The commitment to documenting board meeting minutes further emphasizes transparency in its operations.

While the overall rating is commendable, it is primarily derived from the accountability and finance category, suggesting areas related to impact or program effectiveness might not be evaluated. Nonetheless, the financial indicators point to a well-managed organization that prioritizes the needs of its senior citizen clients.


This AI summary has been generated from information found on Charity Navigator.

Is Eagle Rock Senior Citizen's Housing Association legitimate?

Eagle Rock Senior Citizen's Housing Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eagle Rock Senior Citizen's Housing Association 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: $106,891
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Eagle Rock Senior Citizen's Housing Association?

The Eagle Rock Senior Citizen's Housing Association is committed to a mission that prioritizes providing housing opportunities for individuals with modest or low incomes. This mission is carried out through various endeavors, all centered around the provision of suitable living accommodations. The association serves as a vital resource in ensuring that individuals who fall under the low/moderate income bracket have access to decent housing.

Who is the CEO of Eagle Rock Senior Citizen's Housing Association?

Debra Salinardi is the Executive Director of Eagle Rock Senior Citizen's Housing Association.

What is the revenue of Eagle Rock Senior Citizen's Housing Association?

Eagle Rock Senior Citizen's Housing Association's revenue in 2023 was $2,198,016.

Who are the executives of Eagle Rock Senior Citizen's Housing Association and what are their salaries?

The average compensation at Eagle Rock Senior Citizen's Housing Association during 2023 was $17,815. There are 6 employees at Eagle Rock Senior Citizen's Housing Association.


Here are 7 key members and their salaries:


Terrance Cunningham (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Salinardi (Executive Director)
  • Compensation: $106,891
  • Related: $0
  • Other: $0
Joseph P Brennan Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia J Dynan (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Capron (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Scola (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darren Dangler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Eagle Rock Senior Citizen's Housing Association?

Eagle Rock Senior Citizen's Housing Association's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Eagle Rock Senior Citizen's Housing Association

Eagle Rock Senior Citizen's Housing Association is committed to serving the needs of individuals with modest or low incomes. Its primary mission is to provide housing solutions, acting as a beacon of hope for those in need. By offering housing opportunities, this organization aims to contribute positively to the lives of its residents, fostering a sense of security and stability. This nonprofit organization's purpose is to make a difference in people's lives by providing them with a place they can call home.

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Impact




October, 2024

Eagle Rock Senior Citizen's Housing Association significantly impacts the community by providing affordable housing options for low to moderate-income individuals. Located in West Orange, NJ, it addresses a crucial need for accessible living spaces tailored to the senior population. This initiative not only helps individuals secure stable housing but also fosters a sense of community and belonging among its residents. By focusing on affordability, the association contributes to improving the overall quality of life, enabling seniors to live independently while maintaining their dignity and well-being. Additionally, the presence of such housing options supports the broader objective of economic stability within the community, ensuring that seniors can remain in their neighborhoods with access to necessary services and social connections.




This information is meant to be a general summary of Eagle Rock Senior Citizen's Housing Association. 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.

Revenue
$2,198,016 (2023)
Expenses
$1,641,010 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5,463
  • Program Service Revenue: $2,191,377
  • Gross Receipts: $2,198,016

Assets and Liabilities:

  • Total Assets: $4,325,349
  • Total Liabilities: $105,299
  • Net Assets: $4,220,050

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT SUPPLEMENT PMTS-HAP

Revenue

$1,525,227

RENTAL INCOME

Revenue

$666,150

Organization Details

Founding Year

1978

Principal Officer

Debra Salinardi

Main Address

430 MAIN STREET, WEST ORANGE, NJ, 070525724

NTEE Category

Code: L22Z - Housing

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