Arc Housing Of Somerset Inc

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

EIN: 222813769 ✦ Manville, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Arc Housing Of Somerset Inc?

Arc Housing Of Somerset Inc is a nonprofit organization located in Manville, New Jersey, specifically at 141 South Main Street, 08835. Their primary mission is to offer affordable, community-based supported housing for individuals who have intellectual and developmental disabilities. The residential property they manage in Bridgewater, New Jersey, comprises a mix of two-bedroom and one-bedroom apartments. Arc Housing Of Somerset Inc's goal is to provide a supportive living environment that empowers these individuals and fosters their independence.


Official website here: www.thearcofsomerset.org

Is Arc Housing Of Somerset Inc legitimate?

Arc Housing Of Somerset Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arc Housing Of Somerset 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,455

For more financial information, click here


Official website here: www.thearcofsomerset.org

What is the mission statement of Arc Housing Of Somerset Inc?

Arc Housing of Somerset Inc. is committed to providing affordable, community-based, supported housing for individuals with intellectual and developmental disabilities. Their mission is to create an environment that empowers these individuals to live independently and with dignity. The organization focuses on offering housing solutions that cater to the unique needs of each resident, ensuring they have a supportive living space. They strive to foster a sense of community and promote independence, enabling individuals to lead fulfilling lives. The residential properties, located in various areas, provide a range of apartment sizes, including two-bedroom and one-bedroom units, designed to cater to the diverse needs of the residents.


Official website here: www.thearcofsomerset.org

Who is the CEO of Arc Housing Of Somerset Inc?

Christopher Corvino is the President of Arc Housing Of Somerset Inc.


Official website here: www.thearcofsomerset.org

What is the revenue of Arc Housing Of Somerset Inc?

Arc Housing Of Somerset Inc's revenue in 2022 was $235,528.


Official website here: www.thearcofsomerset.org

Who are the executives of Arc Housing Of Somerset Inc and what are their salaries?

There 4 volunteers at Arc Housing Of Somerset Inc.


Here are 6 key members and their salaries:


Michael Stefani (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Pasek (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Mcdonough (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Zajac (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Frary (Executive Director)
  • Compensation: $0
  • Related: $131,859
  • Other: $25,424
Christopher Corvino (Associate Executive Direct)
  • Compensation: $0
  • Related: $88,391
  • Other: $13,213


Official website here: www.thearcofsomerset.org

Where can I find the form 990 for Arc Housing Of Somerset Inc?

Arc Housing Of Somerset Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.thearcofsomerset.org

Learn more at the official website: www.thearcofsomerset.org

Mission Statement of Arc Housing Of Somerset Inc

Arc Housing Of Somerset Inc is committed to providing affordable, community-based, supported housing for individuals with intellectual and developmental disabilities. Their mission is centered around creating an inclusive living environment where these individuals can thrive. The organization aims to offer a sense of independence and belonging, while also ensuring they receive the necessary support to lead fulfilling lives. Arc Housing Of Somerset Inc's residential properties, such as the one in Bridgewater, New Jersey, are designed to cater to various needs, with a mix of two-bedroom and one-bedroom apartments. The goal is to provide a welcoming and supportive living space where individuals with intellectual and developmental disabilities can call home.

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Impact




October, 2024

Arc Housing Of Somerset Inc significantly impacts the community by providing affordable and supported housing specifically designed for individuals with intellectual and developmental disabilities. Their residential services include well-structured living arrangements located in Bridgewater, New Jersey, consisting of four two-bedroom apartments and six one-bedroom apartments. This commitment to community-based living not only offers safe and accessible homes but also fosters inclusion and independence for residents. By addressing the urgent need for affordable housing in this demographic, Arc Housing Of Somerset Inc contributes to enhancing the quality of life for its residents and promoting a more inclusive society.




This information is meant to be a general summary of Arc Housing Of Somerset 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.

Revenue
$235,528 (2022)
Expenses
$212,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $208
  • Program Service Revenue: $57,621
  • Gross Receipts: $235,528

Assets and Liabilities:

  • Total Assets: $384,186
  • Total Liabilities: $698,051
  • Net Assets: -$313,865

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Programs

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

RENT REVENUE

Revenue

$57,621

Organization Details

Founding Year

1972

Principal Officer

Christopher Corvino

Main Address

141 SOUTH MAIN STREET, MANVILLE, NJ, 08835

NTEE Category

Code: L00 - Housing

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