Overview
What is Nutley Senior Citizens Housing Corp?
Nutley Senior Citizens Housing Corp is a nonprofit organization situated in Nutley, New Jersey, specifically at 7 Williams Street. Their primary mission is to provide affordable housing for elderly and disabled individuals, with funding from the Federal Housing and Urban Development (HUD). This organization plays a significant role in the community by offering low-income housing solutions, ensuring that vulnerable individuals have a safe and suitable living environment. With a team of 12 dedicated employees, Nutley Senior Citizens Housing Corp is dedicated to enhancing the quality of life for its residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Nutley Senior Citizens Housing Corp has received a solid Three-Star rating from Charity Navigator, reflecting a good level of accountability and financial health. The organization's score is based solely on its accountability and finance metrics, indicating a strong commitment to transparency and responsible management of resources.
One of the key strengths noted is the organization’s governance structure, with 100% of its board members being independent. This independence is complemented by a robust board size and effective financial oversight, which is evidenced by a perfect score in audit and oversight practices. Additionally, the organization has implemented several important policies, including those for conflict of interest and whistleblowing, further demonstrating its commitment to ethical standards.
However, while the overall score is commendable, potential supporters might consider that the rating is based solely on financial accountability. There is no indication of program effectiveness or impact, which could be a limitation for those looking for a comprehensive evaluation of the organization's overall performance in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Nutley Senior Citizens Housing Corp legitimate?
Nutley Senior Citizens Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nutley Senior Citizens Housing Corp 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.
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What is the mission statement of Nutley Senior Citizens Housing Corp?
Nutley Senior Citizens Housing Corp's mission is centered around providing affordable housing solutions. Specifically, the organization focuses on offering subsidized housing options for elderly and disabled individuals, with the support of the Federal Housing and Urban Development (HUD). This housing is designed to cater to individuals who fall under the low-income bracket, ensuring they have a safe and suitable living environment. The organization's primary goal is to contribute to the well-being and comfort of this vulnerable group, providing them with a stable housing foundation.
Who is the CEO of Nutley Senior Citizens Housing Corp?
Gwendolyn Canfield is the Trustee of Nutley Senior Citizens Housing Corp.
What is the revenue of Nutley Senior Citizens Housing Corp?
Nutley Senior Citizens Housing Corp's revenue in 2022 was $2,404,878.
Who are the executives of Nutley Senior Citizens Housing Corp and what are their salaries?
There are 12 employees at Nutley Senior Citizens Housing Corp.
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Where can I find the form 990 for Nutley Senior Citizens Housing Corp?
Nutley Senior Citizens Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nutley Senior Citizens Housing Corp
Nutley Senior Citizens Housing Corp is committed to providing affordable housing solutions for elderly and disabled individuals. Funded by the Federal Housing and Urban Development (HUD), this organization serves as a vital resource for those in need, offering subsidized housing options. The organization's mission is to ensure that elderly and disabled individuals have access to safe and comfortable living environments, thus enhancing their quality of life. By providing low-income housing, Nutley Senior Citizens Housing Corp plays a significant role in supporting the community's most vulnerable members.
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Impact
October, 2024
Nutley Senior Citizens Housing Corp plays a crucial role in enhancing the quality of life for elderly and disabled individuals in Nutley, NJ. By offering low-income, HUD-subsidized housing, the organization provides secure, affordable living options that allow residents to maintain their independence while receiving the support they need. This housing initiative not only addresses the critical shortage of accessible accommodations for vulnerable populations but also fosters a sense of community among residents.
Through its mission, Nutley Senior Citizens Housing Corp alleviates the financial burdens often faced by elderly and disabled individuals, ensuring they have a safe and stable environment to thrive. The impact extends beyond mere shelter; it promotes dignity, social interaction, and a supportive network that enhances overall well-being. Thus, the organization is pivotal in shaping a more inclusive community where aging and disabled individuals can lead fulfilling lives.
This information is meant to be a general summary of Nutley Senior Citizens Housing Corp. 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: $1,364
- Program Service Revenue: -$11,854
- Gross Receipts: $2,404,878
Assets and Liabilities:
- Total Assets: $4,054,287
- Total Liabilities: $5,010,930
- Net Assets: -$956,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY SERVICE
Revenue
$6,566
MISC INCOME (FIOS)
Revenue
$3,417
VACANCIES
Revenue
-$21,837
Organization Details
Founding Year
1979
Phone
(973) 667-7071Principal Officer
Gwendolyn Canfield
Main Address
7 WILLIAMS STREET, NUTLEY, NJ, 07110
NTEE Category
Code: L210 - Housing
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