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Essex Properties Urban Renewal Associates Inc

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

EIN: 223095974 ✦ East hanover, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Essex Properties Urban Renewal Associates Inc?

Essex Properties Urban Renewal Associates Inc is a nonprofit organization situated in East Hanover, New Jersey. Their primary mission is to construct, manage, and operate housing facilities, specifically designed for individuals with disabilities. The goal is to empower these individuals to live independently, maintain their health, and enjoy a secure living environment. The organization's activities are centered around providing suitable housing that enables disabled persons to lead fulfilling lives.


Official website here: www.pillarnj.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

Essex Properties Urban Renewal Associates Inc has achieved a remarkable Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The rating is based entirely on its performance in the Accountability & Finance beacon, reflecting strong governance practices and responsible financial management.

The organization benefits from a fully independent board, which is crucial for maintaining objectivity and avoiding conflicts of interest. With a program expense ratio of 86.15%, it demonstrates a commitment to directing funds toward its mission rather than administrative costs, ensuring that the majority of resources are used effectively in support of its objectives.

There are no reported issues related to asset diversion, and the organization has established comprehensive policies, including conflict of interest and whistleblower protections. Overall, Essex Properties Urban Renewal Associates Inc demonstrates strong operational integrity and financial responsibility, though continued transparency and adherence to best practices will be essential for maintaining its positive standing.


This AI summary has been generated from information found on Charity Navigator.

Is Essex Properties Urban Renewal Associates Inc legitimate?

Essex Properties Urban Renewal Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Essex Properties Urban Renewal Associates 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: $171,980

For more financial information, click here


Official website here: www.pillarnj.org

What is the mission statement of Essex Properties Urban Renewal Associates Inc?

Essex Properties Urban Renewal Associates Inc's mission is centered around constructing, managing, and administering housing for individuals with disabilities. The primary objective is to enable these individuals to live independently, healthily, and securely. The organization strives to provide a suitable living environment that promotes their overall well-being and fosters a sense of security. This mission is carried out through the operation and management of these housing facilities, aiming to enhance the quality of life for those with disabilities.


Official website here: www.pillarnj.org

Who is the CEO of Essex Properties Urban Renewal Associates Inc?

David Bishop is the President of Essex Properties Urban Renewal Associates Inc. The CEO's salary of Essex Properties Urban Renewal Associates Inc is $0 and their total compensation is $148,490.


Official website here: www.pillarnj.org

What is the revenue of Essex Properties Urban Renewal Associates Inc?

Essex Properties Urban Renewal Associates Inc's revenue in 2022 was $758,501.


Official website here: www.pillarnj.org

Who are the executives of Essex Properties Urban Renewal Associates Inc and what are their salaries?


Here are 7 key members and their salaries (Essex Properties Urban Renewal Associates Inc's CEO's salary is $0 and their total compensation is $148,490):


Clark Machemer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Halkyard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Gittleman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammy Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Purna Rodman Conare (Ceo (Through 5/21/2022))
  • Compensation: $0
  • Related: $244,121
  • Other: $20,445
Hassan Farhan (Cfo (Through 1/1/2022))
  • Compensation: $0
  • Related: $95,408
  • Other: $1,199
David Bishop (Ceo (Effective As Of 5/21/2022))
  • Compensation: $0
  • Related: $137,244
  • Other: $11,246


Official website here: www.pillarnj.org

Where can I find the form 990 for Essex Properties Urban Renewal Associates Inc?

Essex Properties Urban Renewal Associates Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pillarnj.org

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

Mission Statement of Essex Properties Urban Renewal Associates Inc

Essex Properties Urban Renewal Associates Inc is committed to constructing, operating, administering, and managing housing for individuals with disabilities. Their mission is to empower these individuals to live independent, healthy, and secure lives. By providing suitable housing, Essex Properties aims to enhance the quality of life for disabled persons, ensuring they have a safe and secure environment to call home. This mission is crucial in promoting independence and self-sufficiency for individuals with disabilities, enabling them to lead fulfilling lives.

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Impact




October, 2024

Essex Properties Urban Renewal Associates Inc significantly impacts the community by providing essential housing solutions tailored specifically for disabled individuals. By constructing, operating, and managing facilities designed for this population, the organization fosters an environment that promotes independence, health, and security. This not only enhances the quality of life for its residents but also encourages a greater sense of community inclusion and support. The focus on accessible housing facilitates opportunities for disabled persons to live autonomously, leading to improved mental and physical well-being. Through its initiatives in East Hanover, New Jersey, Essex Properties plays a crucial role in addressing housing disparities and promoting social equity for disabled individuals.




This information is meant to be a general summary of Essex Properties Urban Renewal Associates 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
$758,501 (2022)
Expenses
$857,719 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $35
  • Program Service Revenue: $753,028
  • Gross Receipts: $758,501

Assets and Liabilities:

  • Total Assets: $1,448,925
  • Total Liabilities: $318,965
  • Net Assets: $1,129,960

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$676,849

RENT REVENUE

Revenue

$76,179

Organization Details

Founding Year

2008

Principal Officer

David Bishop

Main Address

120 EAGLE ROCK AVENUE 290, EAST HANOVER, NJ, 07936

NTEE Category

Code: L200 - Housing

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