Overview
What is Grandview Apartment Affordable Housing Corporation?
Grandview Apartment Affordable Housing Corporation is a nonprofit organization that plays a significant role in addressing affordable housing needs. Situated in Neptune, New Jersey, they manage a 131-unit apartment complex, utilizing provisions from Section 236 of the National Housing Act and Section 221 of the Low Income Housing Preservation and Resident Homeowner Act. Their primary mission is to provide affordable housing solutions, contributing to the well-being of the local community.
Official website here: www.housingall.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Grandview Apartment Affordable Housing Corporation has achieved a high rating of 96% from Charity Navigator, reflecting its strong performance in accountability and finance. This score indicates that the organization effectively manages its resources and adheres to best practices in governance. The rating is based entirely on the accountability and finance beacon, showcasing the organization's commitment to transparency and responsible financial management.
The organization boasts a fully independent board, with 100% of its members meeting the criteria for independence. Additionally, it has received perfect scores in various areas, including financial oversight and conflict of interest policies. The high program expense ratio of 90.51% suggests that the majority of its resources are directed towards its mission, further enhancing its credibility and effectiveness as a nonprofit organization.
However, while the financial metrics are impressive, the summary does not provide insight into the organization's specific programs or impact on the community it serves. This limitation makes it challenging for potential donors and stakeholders to fully assess the broader implications of its work beyond financial accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Grandview Apartment Affordable Housing Corporation legitimate?
Grandview Apartment Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grandview Apartment Affordable Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $307,870
For more financial information, click here
Official website here: www.housingall.org
What is the mission statement of Grandview Apartment Affordable Housing Corporation?
Grandview Apartment Affordable Housing Corporation is committed to contributing to affordable housing. They accomplish this by managing a 131-unit apartment complex in Neptune, New Jersey, under Section 236 of the National Housing Act and Section 221 of the Low Income Housing Preservation and Resident Homeowner Act. This organization's mission involves providing affordable housing solutions, ensuring that these properties comply with the mentioned acts. While the provided information does not specify any additional goals or values, it is clear that Grandview Apartment Affordable Housing Corporation prioritizes making housing more accessible for those in need.
Official website here: www.housingall.org
What is the revenue of Grandview Apartment Affordable Housing Corporation?
Grandview Apartment Affordable Housing Corporation's revenue in 2023 was $1,791,053.
Official website here: www.housingall.org
Who are the executives of Grandview Apartment Affordable Housing Corporation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $179,653
- Other: $0
- Compensation: $0
- Related: $154,353
- Other: $0
- Compensation: $0
- Related: $127,774
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.housingall.org
Where can I find the form 990 for Grandview Apartment Affordable Housing Corporation?
Grandview Apartment Affordable Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.housingall.org
Learn more at the official website: www.housingall.org
Mission Statement of Grandview Apartment Affordable Housing Corporation
Grandview Apartment Affordable Housing Corporation is dedicated to aiding in the provision of affordable housing. They accomplish this mission by managing a 131-unit apartment complex located in Neptune, New Jersey. The organization operates under two crucial acts: Section 236 of the National Housing Act and Section 221 of the Low Income Housing Preservation and Resident Homeowner Act. By doing so, Grandview Apartment Affordable Housing Corporation contributes to making housing more accessible for those in need, thereby playing a significant role in addressing housing affordability issues.
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Impact
October, 2024
Grandview Apartment Affordable Housing Corporation plays a critical role in addressing the housing needs of the community in Neptune, NJ, by providing affordable living options. Operating a 131-unit apartment complex, the organization offers stable housing under federal programs designed to promote low-income housing preservation. This initiative helps ensure that residents can access safe and affordable homes, significantly benefiting individuals and families who might otherwise struggle to find suitable living arrangements. By maintaining an affordable housing complex, Grandview not only alleviates housing insecurity but also contributes to the overall well-being and stability of the community, fostering a sense of belonging and enhancing the quality of life for its residents.
This information is meant to be a general summary of Grandview Apartment Affordable Housing 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 2023.
- Investment Income: $17,843
- Program Service Revenue: $863,967
- Gross Receipts: $1,791,053
Assets and Liabilities:
- Total Assets: $8,950,312
- Total Liabilities: $647,363
- Net Assets: $8,302,949
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$863,967
Organization Details
Founding Year
1991
Phone
(732) 389-2958Principal Officer
Randi Moore
Main Address
3535 Route 66 Parkway 100 Bldg 4, Neptune, NJ, 07753
Website
www.housingall.orgNTEE Category
Code: L210 - Housing
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