Overview
What is The Church Street Corporation?
The Church Street Corporation is a dedicated nonprofit organization situated in Keansburg, New Jersey. Its primary mission is to provide affordable housing for elderly and handicapped individuals, as well as families of low income. The corporation accomplishes this by leasing 109 housing units to the Housing Authority of the Borough of Keansburg, which then sublets these units to eligible participants under Section 8 of the United States Housing Act of 1937. Beyond providing housing, The Church Street Corporation also assumes financial responsibility for supporting the associated costs required for accommodating this vulnerable population.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
The Church Street Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 90%, the organization demonstrates a high level of transparency and fiscal responsibility, which are critical factors for donor trust and organizational integrity.
The evaluation highlights several strengths, including a fully independent board of directors, sound financial oversight, and a robust conflict of interest policy. The corporation's financial health is further evidenced by a low liabilities-to-assets ratio and a substantial portion of its expenses being directed towards programs, which indicates effective allocation of resources towards its mission.
However, while the organization excels in accountability, the summary does not provide insights into programmatic impact or community feedback. This focus on financial metrics, while important, may leave potential donors wanting more information about how effectively the organization is achieving its mission or the long-term outcomes of its initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is The Church Street Corporation legitimate?
The Church Street Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Church Street 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: $336,904
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,695
For more financial information, click here
What is the mission statement of The Church Street Corporation?
The Church Street Corporation is a non-profit organization dedicated to providing housing solutions for elderly and handicapped individuals and families of low income. They lease out 109 apartments to the Housing Authority of a specific borough, which then subleases these units to eligible participants under Section 8 of the United States Housing Act of 1937. The Church Street Corporation also covers the associated costs to ensure affordable housing for this vulnerable group.
Who is the CEO of The Church Street Corporation?
Robert Graham is the Trustee of The Church Street Corporation.
What is the revenue of The Church Street Corporation?
The Church Street Corporation's revenue in 2021 was $1,783,340.
Who are the executives of The Church Street Corporation and what are their salaries?
The average compensation at The Church Street Corporation during 2021 was $45,178. There are 9 employees at The Church Street Corporation.
Here are 9 key members and their salaries:
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Where can I find the form 990 for The Church Street Corporation?
The Church Street Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of The Church Street Corporation
The Church Street Corporation, a non-profit organization, is dedicated to providing housing solutions for elderly and handicapped individuals and families of low income. They lease their 109 apartments to the Housing Authority of the Borough of Keansburg, which in turn subleases these units to eligible participants under Section 8 of the United States Housing Act of 1937. Beyond leasing the properties, The Church Street Corporation also contributes to the costs associated with providing housing for this vulnerable population, demonstrating their commitment to ensuring affordable living options for these individuals and families.
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Impact
October, 2024
The Church Street Corporation plays a vital role in providing essential housing for elderly and handicapped individuals, as well as low-income families in Keansburg, New Jersey. By offering 109 apartments, it addresses the critical need for accessible and affordable housing in the community.
The organization leases these units to the Housing Authority of the Borough of Keansburg, facilitating a system that enables eligible participants to secure housing under the Section 8 program. This collaborative approach not only ensures stability for vulnerable populations but also supports the financial aspects associated with maintaining such housing, allowing residents to focus on their well-being without the burden of housing insecurity.
Overall, The Church Street Corporation significantly impacts the local community by enhancing the quality of life for those it serves, promoting inclusivity, and providing a safe and stable living environment for individuals and families in need.
This information is meant to be a general summary of The Church Street 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 2021.
- Investment Income: $702
- Program Service Revenue: $587,278
- Gross Receipts: $1,783,340
Assets and Liabilities:
- Total Assets: $4,655,667
- Total Liabilities: $333,015
- Net Assets: $4,322,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING PROJECT RENTAL
Revenue
$587,278
Organization Details
Founding Year
1978
Phone
(732) 787-6161Principal Officer
Robert Graham
Main Address
25 HANCOCK STREET, KEANSBURG, NJ, 07734
NTEE Category
Code: L22 - Housing
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