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Architects Housing Company I

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

EIN: 222169930 ✦ Trenton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Architects Housing Company I?

Architects Housing Company I is a nonprofit organization situated in Trenton, New Jersey, specifically at 215 East Front Street, 08611. Its primary mission is to aid and assist in the development of housing, focusing on low and moderate-income elderly individuals aged 62 and above, as well as handicapped persons. By offering federal subsidized housing, the company maintains and operates 122 apartments for rental purposes, ensuring these individuals can enjoy a longer social and independent life. In addition to providing housing, Architects Housing Company I offers various social programs, activities, and connections to social agencies, further enhancing the well-being of its residents. The organization currently employs a team of 13 dedicated individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Stars

Architects Housing Company I holds a Three-Star rating from Charity Navigator, indicating a good level of accountability and financial health. The rating is derived solely from its Accountability & Finance score, which reflects the organization's commitment to maintaining high standards in these areas.

The organization excels in several key areas, including having a fully independent board and achieving a high rating for its financial statements, with a perfect score on audits. It also demonstrates strong governance practices, such as having clear conflict of interest and whistleblower policies. Additionally, an impressive program expense ratio of 88.40% suggests that a significant portion of its funds is directed towards its mission-related activities.

While the rating is solid, it is important for potential donors to consider that the score is based exclusively on financial metrics. Further qualitative insights into the organization’s programs and impact might be beneficial for a more comprehensive understanding of its overall effectiveness and reach within the community.


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

Is Architects Housing Company I legitimate?

Architects Housing Company I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Architects Housing Company I 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: $261,488

For more financial information, click here

What is the mission statement of Architects Housing Company I?

The Architects Housing Company I aims to support the development of housing for individuals with low to moderate income, specifically focusing on elderly individuals aged 62 and above, as well as handicapped persons. Their mission is to assist these individuals by providing social programs, activities, and connections to social agencies. This aims to enhance their social and independent lives, enabling them to live more fulfilling and self-reliant lives.

Who is the CEO of Architects Housing Company I?

Robert W Russell is the President of Architects Housing Company I.

What is the revenue of Architects Housing Company I?

Architects Housing Company I's revenue in 2022 was $1,814,788.

Who are the executives of Architects Housing Company I and what are their salaries?

The average compensation at Architects Housing Company I during 2022 was $20,114. There are 13 employees and 6 volunteers at Architects Housing Company I.


Here are 6 key members and their salaries:


Robert W Russell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn Claypool (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Clarke (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael J Hanrahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cerutti (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve B Lazarus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Architects Housing Company I?

Architects Housing Company I's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Architects Housing Company I

Architects Housing Company I is committed to aiding and assisting in the development of housing, specifically focusing on the state of New Jersey and the city of Trenton. The organization's mission is to cater to the needs of low-income elderly individuals, aged 62 years and above, and handicapped persons. By providing social programs, activities, and connections to various social agencies, Architects Housing Company I aims to help these individuals lead longer, socially independent lives. The company's goal is to offer support that enables these individuals to maintain their independence and engage in social activities, thereby improving their overall quality of life.

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Impact




October, 2024

Architects Housing Company I plays a significant role in addressing the housing needs of low and moderate income seniors and handicapped individuals in Trenton, New Jersey. By providing 122 federally subsidized apartments, the organization ensures that vulnerable populations, particularly those aged 62 and older, have access to affordable housing options.

Beyond housing, Architects Housing Company I is dedicated to enhancing the quality of life for its residents through various social programs and activities. These initiatives facilitate social connections and provide essential resources, empowering residents to maintain their independence and engage more fully with their communities.

The organization’s focus on creating a supportive environment for elderly and handicapped individuals not only addresses immediate housing needs but also fosters a sense of community and belonging. This holistic approach ultimately contributes to longer and more fulfilling lives for residents, helping to mitigate the challenges often faced by these populations. Through its targeted efforts, Architects Housing Company I has a profound and lasting impact on the lives of those it serves, making a remarkable difference in Trenton’s social fabric.




This information is meant to be a general summary of Architects Housing Company I. 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
$1,814,788 (2022)
Expenses
$1,922,895 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,132
  • Program Service Revenue: $1,813,656
  • Gross Receipts: $1,814,788

Assets and Liabilities:

  • Total Assets: $4,862,635
  • Total Liabilities: $5,388,703
  • Net Assets: -$526,068

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Programs

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

RENTAL INCOME

Revenue

$1,796,826

LAUNDRY MACHINES

Revenue

$7,242

AIR CONDITIONING

Revenue

$4,840

MISCELLANEOUS CHARGES

Revenue

$4,748

Organization Details

Founding Year

1977

Principal Officer

Robert W Russell

Main Address

215 EAST FRONT STREET, TRENTON, NJ, 08611

NTEE Category

Code: L22Z - Housing

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