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Cranford Affordable Senior Housing Inc

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

EIN: 223300284 ✦ Cranford, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Cranford Affordable Senior Housing Inc?

Cranford Affordable Senior Housing Inc, based in Cranford, New Jersey, is a nonprofit organization that focuses on providing financial aid for low-income senior housing projects. The organization played a significant role in constructing a 101-unit senior housing project in Cranford, NJ. By offering financial assistance, they contribute to the development of affordable living spaces for senior citizens, ensuring they can age with dignity and independence in their own communities.

Is Cranford Affordable Senior Housing Inc legitimate?

Cranford Affordable Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cranford Affordable Senior Housing 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: $0

For more financial information, click here

What is the mission statement of Cranford Affordable Senior Housing Inc?

Cranford Affordable Senior Housing Inc is dedicated to providing financial assistance for senior housing for individuals with low income. Their mission is to contribute to the construction and maintenance of affordable senior housing projects, ensuring that elderly people in need have access to suitable living conditions. By doing so, they aim to promote the well-being and independence of senior citizens, enabling them to maintain a decent quality of life. The organization has assisted Cranford Lincoln Associates LP in constructing a 101-unit low and moderate income senior housing project in Cranford, NJ, demonstrating their commitment to this cause.

Who is the CEO of Cranford Affordable Senior Housing Inc?

Teri Schick is the President of Cranford Affordable Senior Housing Inc.

What is the revenue of Cranford Affordable Senior Housing Inc?

Cranford Affordable Senior Housing Inc's revenue in 2022 was $120,879.

Who are the executives of Cranford Affordable Senior Housing Inc and what are their salaries?

There 2 volunteers at Cranford Affordable Senior Housing Inc.


Here are 3 key members and their salaries:


Jerry Iacovano (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Graham (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teri Schick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cranford Affordable Senior Housing Inc?

Cranford Affordable Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cranford Affordable Senior Housing Inc

Cranford Affordable Senior Housing Inc is an organization dedicated to providing financial assistance for senior housing for individuals with low income. Their mission is to support the construction and maintenance of affordable housing facilities, ensuring that senior citizens have access to safe and comfortable living spaces. By assisting in the construction of projects like Cranford Lincoln Associates LP's 101-unit low and moderate income senior housing project in Cranford, NJ, this organization plays a crucial role in addressing the housing needs of the elderly population with limited financial resources.

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Impact




October, 2024

Cranford Affordable Senior Housing Inc significantly enhances the quality of life for low to moderate-income seniors in Cranford, NJ, by providing essential financial assistance for housing. The organization played a crucial role in the construction of a 101-unit affordable senior housing project, ensuring that vulnerable populations have access to safe and stable living environments. This initiative not only addresses the pressing need for affordable housing in the community but also fosters independence and dignity among senior residents. By enabling access to affordable housing, the organization helps alleviate economic burdens for seniors, contributing to healthier, more secure, and vibrant community living.




This information is meant to be a general summary of Cranford Affordable Senior Housing 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
$120,879 (2022)
Expenses
$0 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $120,579
  • Gross Receipts: $120,879

Assets and Liabilities:

  • Total Assets: $4,333,657
  • Total Liabilities: $100
  • Net Assets: $4,333,557

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Programs

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

LOW INTEREST LOANS

Revenue

$120,579

Organization Details

Founding Year

1993

Principal Officer

Teri Schick

Main Address

40 MEEKER AVENUE, CRANFORD, NJ, 07016

NTEE Category

Code: L80I - Housing

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