Overview
What is Senior Citizen Housing Corp Of Scotch Plains?
Senior Citizen Housing Corp of Scotch Plains is a nonprofit organization situated in Scotch Plains, New Jersey. Their primary focus is providing housing for the elderly, operating a 111-unit apartment building specifically designed for this demographic. The organization's mission and activities revolve around this housing service, aiming to support and accommodate the elderly community in the area. The nonprofit employs a team of eight individuals to manage and maintain the facility, ensuring a comfortable living environment for its residents.
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Senior Citizen Housing Corp Of Scotch Plains has received a two-star rating from Charity Navigator, indicating that while the organization demonstrates some accountability and financial responsibility, there are significant areas that require improvement. The organization has a strong independent board, with 100% of the members being independent and an effective audit and oversight committee, which speaks positively to its governance structure.
However, the nonprofit's lack of key policies such as conflict of interest, whistleblower, and document retention and destruction is concerning. These missing elements can impact transparency and trust, which are crucial for effective nonprofit management. Additionally, while the organization shows a good program expense ratio, its liabilities to assets ratio suggests potential financial strain that may need to be addressed for long-term sustainability.
Overall, while Senior Citizen Housing Corp Of Scotch Plains is making strides in some areas, the noted deficiencies highlight the need for improvements in governance policies and financial management practices to enhance its credibility and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Senior Citizen Housing Corp Of Scotch Plains legitimate?
Senior Citizen Housing Corp Of Scotch Plains is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Citizen Housing Corp Of Scotch Plains 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: $107,629
For more financial information, click here
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
What is the mission statement of Senior Citizen Housing Corp Of Scotch Plains?
The Senior Citizen Housing Corp Of Scotch Plains is dedicated to providing housing solutions for the elderly. This is accomplished through the operation of a 111-unit apartment building, serving as a residential space for the elderly population. The organization's primary mission is to ensure that elderly individuals have a suitable place to reside, promoting comfort and security in their later years. The corporation's activities are centered around managing and maintaining this apartment building, ensuring it operates efficiently and provides a comfortable living environment for its residents.
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
Who is the CEO of Senior Citizen Housing Corp Of Scotch Plains?
James M Walsh is the Treasurer of Senior Citizen Housing Corp Of Scotch Plains.
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
What is the revenue of Senior Citizen Housing Corp Of Scotch Plains?
Senior Citizen Housing Corp Of Scotch Plains's revenue in 2022 was $1,141,318.
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
Who are the executives of Senior Citizen Housing Corp Of Scotch Plains and what are their salaries?
The average compensation at Senior Citizen Housing Corp Of Scotch Plains during 2022 was $13,454. There are 8 employees and 9 volunteers at Senior Citizen Housing Corp Of Scotch Plains.
Here are 8 key members and their salaries:
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- Other: $0
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
Where can I find the form 990 for Senior Citizen Housing Corp Of Scotch Plains?
Senior Citizen Housing Corp Of Scotch Plains's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.scotchplainsnj.gov/departments/seniors/senior-housing/
Learn more at the official website: www.scotchplainsnj.gov/departments/seniors/senior-housing/
Mission Statement of Senior Citizen Housing Corp Of Scotch Plains
Senior Citizen Housing Corp of Scotch Plains is dedicated to providing housing for the elderly, specifically operating a 111-unit apartment building. Their mission is centered around offering a residential space that caters to the needs of the elderly community, ensuring a comfortable living environment for its residents. The corporation's activities primarily revolve around managing and maintaining the operations of this apartment building, ensuring the well-being and comfort of its elderly residents. While the information provided does not specify any additional programs or services, it is clear that the organization's focus is on providing housing for the elderly, making it an essential resource for this demographic.
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Impact
October, 2024
Senior Citizen Housing Corp Of Scotch Plains significantly impacts the community by providing essential housing for the elderly. With a dedicated 111-unit apartment building, it ensures that seniors have access to safe, affordable, and supportive living environments. This initiative not only addresses the critical need for elderly housing but also fosters a sense of community among residents, allowing them to maintain their independence while having access to necessary resources. By focusing on the well-being of older adults in Scotch Plains, the organization enhances their quality of life, promotes social engagement, and supports the overall health of the senior population in the area.
This information is meant to be a general summary of Senior Citizen Housing Corp Of Scotch Plains. 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: $2,219
- Program Service Revenue: $1,092,014
- Gross Receipts: $1,141,318
Assets and Liabilities:
- Total Assets: $2,585,972
- Total Liabilities: $1,874,634
- Net Assets: $711,338
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$1,092,014
Organization Details
Founding Year
1994
Phone
(908) 654-1313Principal Officer
James M Walsh
Main Address
2002 LAKE AVENUE, SCOTCH PLAINS, NJ, 07076
NTEE Category
Code: L22 - Housing
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