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Serv Properties And Management Inc

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

EIN: 223265548 ✦ Ewing, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Serv Properties And Management Inc?

Serv Properties And Management Inc, based in Ewing, New Jersey, serves as a supporting organization, holding real estate for various tax-exempt entities. These entities specialize in providing a range of services, including behavioral health care, education, residential facilities, vocational training, and mental health support. For the fiscal year ending in June 2022, Serv Properties managed 65 residential homes, 14 multi-family homes, 7 regional office buildings, and 15 condominiums. Additionally, they leased over 100 apartments to affiliated nonprofits, other organizations, and individuals eligible for low-income housing options. The organization's mission is to support entities that cater to individuals experiencing or have experienced emotional, behavioral, or mental disturbances.


Official website here: www.servbhs.org

Is Serv Properties And Management Inc legitimate?

Serv Properties And Management Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Serv Properties And Management 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: $41,273
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,513

For more financial information, click here


Official website here: www.servbhs.org

What is the mission statement of Serv Properties And Management Inc?

Serv Properties and Management Inc serves as a supporting organization, holding real estate for entities that provide various services and facilities to individuals experiencing emotional, behavioral, or mental disturbance. These services encompass social, educational, residential, vocational, and mental health support. The mission of Serv Properties and Management Inc is to provide real estate resources for these organizations, enabling them to deliver essential services, such as mental health care, residential accommodations, and vocational training, to individuals in need. The company operates several residential homes, multi-family homes, regional office buildings, and condominiums, as well as leasing apartments to eligible nonprofit organizations and individuals.


Official website here: www.servbhs.org

Who is the CEO of Serv Properties And Management Inc?

Bob Rosvold is the President/Ceo of Serv Properties And Management Inc. The CEO's salary of Serv Properties And Management Inc is $0 and their total compensation is $558,356.


Official website here: www.servbhs.org

What is the revenue of Serv Properties And Management Inc?

Serv Properties And Management Inc's revenue in 2022 was $6,049,326.


Official website here: www.servbhs.org

Who are the executives of Serv Properties And Management Inc and what are their salaries?

There 5 volunteers at Serv Properties And Management Inc.


Here are 9 key members and their salaries (Serv Properties And Management Inc's CEO's salary is $0 and their total compensation is $558,356):


Regina Widdows (President/Ceo)
  • Compensation: $0
  • Related: $510,361
  • Other: $47,995
Ahmed Taylor (Senior Vice President)
  • Compensation: $0
  • Related: $150,031
  • Other: $34,590
Don Holford Thru 921 (Chief Financial Officer)
  • Compensation: $0
  • Related: $124,257
  • Other: $2,403
Robert Rosvold Beg 921 (Chief Financial Officer)
  • Compensation: $0
  • Related: $50,770
  • Other: $801
Richard Hauer (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Maguire (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Anderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Maret (Past Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ivan Punchatz Esq (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.servbhs.org

Where can I find the form 990 for Serv Properties And Management Inc?

Serv Properties And Management Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.servbhs.org

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

Mission Statement of Serv Properties And Management Inc

Serv Properties and Management Inc, as a supporting organization, holds real estate for entities that provide social, educational, residential, vocational, and mental health services and facilities to individuals experiencing or who have experienced emotional, behavioral, or mental disturbance. The organization's mission is to contribute to this cause by providing necessary infrastructure. By operating 65 residential homes, 14 multi-family homes, 7 regional office buildings, and 15 condominiums, Serv Properties and Management Inc provides a physical space for these nonprofit organizations to carry out their vital work. Additionally, the company leases over 100 apartments to its affiliates, other nonprofit organizations, and individuals who qualify for low-income housing options, further extending its support for these essential services. In essence, Serv Properties and Management Inc plays a crucial role in providing a stable and enabling environment for organizations that aim to improve the lives of individuals facing emotional, behavioral, or mental challenges.

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Impact




October, 2024

Serv Properties and Management Inc plays a crucial role in the provision of essential housing and support services geared towards individuals experiencing emotional, behavioral, or mental disturbances. By managing a substantial portfolio of properties, including 65 residential homes, 14 multi-family homes, and various office buildings, the organization ensures that its affiliates have the necessary facilities to deliver critical behavioral health services effectively.

With over 100 apartments leased specifically for low-income housing, the organization significantly contributes to improving access to safe and stable living conditions for those in need. This access is vital for enabling individuals to seek and receive the social, educational, residential, vocational, and mental health services they require. The impact of Serv Properties and Management Inc extends beyond mere property management; it facilitates a supportive environment that fosters recovery and empowerment for vulnerable populations in the community. Through its strategic real estate holdings, the organization plays an essential part in addressing the broader social issues associated with mental health and well-being.




This information is meant to be a general summary of Serv Properties And Management 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
$6,049,326 (2022)
Expenses
$4,976,282 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $43,696
  • Program Service Revenue: $5,904,628
  • Gross Receipts: $6,049,326

Assets and Liabilities:

  • Total Assets: $27,735,115
  • Total Liabilities: $15,182,026
  • Net Assets: $12,553,089

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Programs

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

RENTAL INCOME

Revenue

$5,765,503

MANAGEMENT FEES

Revenue

$139,125

Organization Details

Founding Year

1993

Principal Officer

Bob Rosvold

Main Address

20 SCOTCH ROAD THIRD FLOOR, EWING, NJ, 08628

NTEE Category

Code: T11 - Philanthropy

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