Overview
What is Pch Development Corporation?
Pch Development Corporation is a nonprofit organization situated in Princeton, New Jersey. Their primary mission is to discover and leverage opportunities to develop and manage affordable housing for individuals with low and moderate incomes. Beyond this, they offer management services for such housing projects, ensuring the provision of affordable living spaces for a significant portion of the population. With a team of 11 dedicated individuals, Pch Development Corporation plays a crucial role in addressing housing affordability issues within New Jersey.
Official website here: www.princetoncommunityhousing.org
What do the Facebook reviews say about Pch Development Corporation?
68% of the three reviewers on Facebook recommend Pch Development Corporation. Here is a summary of their reviews:
It's evident that some individuals appreciate the efforts of Pch Development Corporation in addressing societal imbalances. One reviewer highlighted the nonprofit's initiative to bridge the gap between different economic groups, indicating a positive perception of its mission and impact.
While the limited number of reviews may suggest room for growth and broader visibility, the sentiment reflected points towards a commendable commitment to social equity and community support. Overall, there appears to be a budding support for the nonprofit's approach to fostering positive change.
This AI summary has been generated from reviews found on Facebook.
Is Pch Development Corporation legitimate?
Pch Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pch Development Corporation 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: $353,197
Professional Fundraising Fees: $0
Other Salaries and Wages: $94,318
For more financial information, click here
Official website here: www.princetoncommunityhousing.org
What is the mission statement of Pch Development Corporation?
Pch Development Corporation's mission is centered around finding opportunities to develop and manage affordable housing for individuals with moderate to low incomes. The organization goes beyond just managing existing affordable housing projects; it actively seeks out new opportunities to create such housing. Their mission also extends to providing management services for these affordable housing projects, ensuring that they are well-maintained and meet the needs of their residents.
Official website here: www.princetoncommunityhousing.org
Who is the CEO of Pch Development Corporation?
Edward Truscelli is the Board Member of Pch Development Corporation.
Official website here: www.princetoncommunityhousing.org
What is the revenue of Pch Development Corporation?
Pch Development Corporation's revenue in 2022 was $1,009,357.
Official website here: www.princetoncommunityhousing.org
Who are the executives of Pch Development Corporation and what are their salaries?
The average compensation at Pch Development Corporation during 2022 was $40,683. There are 11 employees and 16 volunteers at Pch Development Corporation.
Here are 18 key members and their salaries:
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- Compensation: $176,470
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- Compensation: $130,455
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- Other: $15,024
Official website here: www.princetoncommunityhousing.org
Where can I find the form 990 for Pch Development Corporation?
Pch Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.princetoncommunityhousing.org
Learn more at the official website: www.princetoncommunityhousing.org
Mission Statement of Pch Development Corporation
Pch Development Corporation, a nonprofit organization, is committed to finding and capitalizing on opportunities to create and manage affordable housing for individuals with low and moderate income. Beyond this, the organization also offers management services for existing low and moderate income housing projects, aiming to make housing more accessible for a significant portion of the population. By leveraging its expertise, Pch Development Corporation works towards expanding the availability of affordable housing in various communities.
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Impact
October, 2024
Pch Development Corporation significantly impacts the community by addressing the critical need for affordable housing in New Jersey. The organization actively seeks and develops opportunities to create and manage housing solutions for low and moderate-income individuals, thereby enhancing the accessibility of safe and affordable living options.
In addition to its development efforts, Pch Development Corporation provides essential management services for various housing projects, ensuring that these properties are well-maintained and meet the needs of their residents. Through its initiatives, the organization not only contributes to housing stability but also fosters community development and improves the quality of life for many families. Its commitment to affordable housing plays a vital role in promoting economic diversity and supporting the well-being of individuals and families struggling to find suitable living conditions.
This information is meant to be a general summary of Pch Development Corporation. 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: $53
- Program Service Revenue: $809,304
- Gross Receipts: $1,009,357
Assets and Liabilities:
- Total Assets: $900,469
- Total Liabilities: $17,954
- Net Assets: $882,515
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE REVENUE
Revenue
$440,919
DEVELOPER FEE
Revenue
$267,366
AFFORDABLE HOUSING CER
Revenue
$101,019
Organization Details
Founding Year
1989
Phone
(609) 924-3822Principal Officer
Edward Truscelli
Main Address
ONE MONUMENT DRIVE, PRINCETON, NJ, 08540
NTEE Category
Code: L21 - Housing
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