Overview
What is South Orange Moderate Income Housing Corp?
South Orange Moderate Income Housing Corp is a nonprofit organization situated in South Orange, New Jersey. Their primary mission is to provide and manage an apartment building specifically designed for senior citizens. Their core activity involves owning and operating this elderly-focused residential complex, ensuring a comfortable living space for its elderly residents. The organization's goal is to contribute positively to the lives of the elderly population in its community.
Official website here: www.jchcorp.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
South Orange Moderate Income Housing Corp has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and financial management. The organization scored 81%, primarily driven by its strong accountability practices. This indicates effective governance and transparency, which are crucial for fostering trust among donors and stakeholders.
One of the notable strengths of the organization is its governance structure, which boasts 96% independent board members. This independence is essential for objective decision-making and oversight. Additionally, the organization has implemented robust financial oversight measures, as evidenced by its perfect scores in areas such as financial statements and conflict of interest policies.
However, while the organization shows strengths in financial accountability, there isn't detailed information available about program effectiveness or impact metrics. Prospective donors may want to consider this aspect when evaluating their support and the overall mission of the organization.
This AI summary has been generated from information found on Charity Navigator.
Is South Orange Moderate Income Housing Corp legitimate?
South Orange Moderate Income Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Orange Moderate Income 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,497
For more financial information, click here
Official website here: www.jchcorp.org
What is the mission statement of South Orange Moderate Income Housing Corp?
The South Orange Moderate Income Housing Corp's mission is centered around providing residential housing facilities. Specifically, it aims to operate a complex that caters to the needs of senior citizens. The corporation owns and manages an apartment building in South Orange, New Jersey, with this mission in mind. Its primary activity involves ensuring the smooth operation of this senior housing complex. The organization's purpose is to contribute positively to the lives of elderly individuals by providing them with a suitable living environment.
Official website here: www.jchcorp.org
Who is the CEO of South Orange Moderate Income Housing Corp?
Harold Colton-Max is the Ceo of South Orange Moderate Income Housing Corp. The CEO's salary of South Orange Moderate Income Housing Corp is $0 and their total compensation is $322,462.
Official website here: www.jchcorp.org
What is the revenue of South Orange Moderate Income Housing Corp?
South Orange Moderate Income Housing Corp's revenue in 2022 was $1,169,937.
Official website here: www.jchcorp.org
Who are the executives of South Orange Moderate Income Housing Corp and what are their salaries?
There 31 volunteers at South Orange Moderate Income Housing Corp.
Here are 34 key members and their salaries (South Orange Moderate Income Housing Corp's CEO's salary is $0 and their total compensation is $322,462):
- Compensation: $0
- Related: $277,706
- Other: $44,756
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- Other: $21,525
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- Related: $189,567
- Other: $11,675
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Official website here: www.jchcorp.org
Where can I find the form 990 for South Orange Moderate Income Housing Corp?
South Orange Moderate Income Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jchcorp.org
Learn more at the official website: www.jchcorp.org
Mission Statement of South Orange Moderate Income Housing Corp
South Orange Moderate Income Housing Corp, a nonprofit organization, is dedicated to serving the elderly population. At its core, its mission is to operate a residential housing complex specifically designed for senior citizens. This commitment involves owning and managing an apartment building that caters to the elderly, ensuring they have a suitable living environment. The organization's programs are centered around this residential housing complex, aiming to provide elderly individuals with a comfortable and supportive living space.
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Impact
October, 2024
South Orange Moderate Income Housing Corp plays a crucial role in providing affordable housing options for senior citizens in South Orange, New Jersey. By owning and operating an apartment building specifically designed for elderly residents, the organization ensures that seniors have access to a comfortable and supportive living environment. This initiative addresses the growing need for affordable senior housing, allowing residents to maintain their independence while being part of a community.
The impact of this organization extends beyond just providing shelter; it fosters a sense of belonging and stability for its residents. By creating a dedicated space for elderly individuals, South Orange Moderate Income Housing Corp enhances their quality of life and promotes social engagement among seniors. Furthermore, this initiative contributes to the overall wellbeing of the community by alleviating housing pressure and helping to meet the diverse needs of its aging population.
This information is meant to be a general summary of South Orange Moderate Income 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: $153
- Program Service Revenue: $1,163,586
- Gross Receipts: $1,169,937
Assets and Liabilities:
- Total Assets: $5,294,060
- Total Liabilities: $7,003,374
- Net Assets: -$1,709,314
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING REVENUE
Revenue
$1,163,586
Organization Details
Founding Year
1987
Phone
(973) 731-2020Principal Officer
Harold Colton-Max
Main Address
651 W Mount Pleasant Ave Suite 185, Livingston, NJ, 07039
Website
www.jchcorp.orgNTEE Category
Code: L22 - Housing
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