Overview
What is New Community Hudson Senior Housing Corp?
New Community Hudson Senior Housing Corp is a nonprofit organization situated in Jersey City, New Jersey. Their primary focus is on providing elderly residents with comfortable living accommodations, as evidenced by their 81-unit apartment project designed specifically for this demographic. The organization is dedicated to serving the elderly community in Jersey City, offering a supportive and inclusive living environment. The information provided does not detail any additional programs or services offered by New Community Hudson Senior Housing Corp, but the organization's name and mission suggest a commitment to senior care and well-being.
Official website here: www.newcommunity.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Community Hudson Senior Housing Corp has achieved a Four-Star rating from Charity Navigator, indicating a strong level of accountability and financial health. The organization scored 96% overall, which reflects an excellent performance in managing its resources. The rating is based solely on the Accountability & Finance beacon, showcasing the charity's commitment to transparency and ethical governance.
Strengths for New Community Hudson include having a majority of independent board members, with 90% of the board being independent. The organization excels in financial oversight, receiving top scores for its audit and oversight committees. Additionally, it has effectively implemented policies related to conflict of interest and whistleblower protections, contributing to a robust governance framework.
However, while the financial health indicators are strong, there is no detailed information available on the programmatic impact or community feedback. The program expense ratio is notably high at 88.29%, suggesting that a significant portion of funds is directed towards its services. Overall, the organization appears to be well-managed and financially sound, though more insight into its operational effectiveness would be beneficial.
This AI summary has been generated from information found on Charity Navigator.
Is New Community Hudson Senior Housing Corp legitimate?
New Community Hudson Senior Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Community Hudson Senior Housing Corp 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: $123,827
For more financial information, click here
Official website here: www.newcommunity.org
What is the mission statement of New Community Hudson Senior Housing Corp?
New Community Hudson Senior Housing Corporation is dedicated to providing housing for the elderly, specifically through an 81-unit apartment project. While the provided information does not explicitly state a mission statement, it can be inferred that their mission is centered around providing comfortable and suitable living arrangements for the elderly population. The corporation may also aim to support and enhance the quality of life for its elderly residents, ensuring they have a safe and nurturing environment. However, without further information, this is a presumptive interpretation of their mission.
Official website here: www.newcommunity.org
Who is the CEO of New Community Hudson Senior Housing Corp?
Elizabeth Mbakaya is the Cfo/Interim Ceo of New Community Hudson Senior Housing Corp. The CEO's salary of New Community Hudson Senior Housing Corp is $0 and their total compensation is $11,759.
Official website here: www.newcommunity.org
What is the revenue of New Community Hudson Senior Housing Corp?
New Community Hudson Senior Housing Corp's revenue in 2022 was $1,341,544.
Official website here: www.newcommunity.org
Who are the executives of New Community Hudson Senior Housing Corp and what are their salaries?
There 10 volunteers at New Community Hudson Senior Housing Corp.
Here are 16 key members and their salaries (New Community Hudson Senior Housing Corp's CEO's salary is $0 and their total compensation is $11,759):
- Compensation: $0
- Related: $253,731
- Other: $0
- Compensation: $0
- Related: $172,242
- Other: $0
- Compensation: $0
- Related: $170,000
- Other: $0
- Compensation: $0
- Related: $143,907
- Other: $0
- Compensation: $0
- Related: $55,000
- Other: $3,720
- Compensation: $0
- Related: $11,759
- Other: $0
- Compensation: $0
- Related: $9,600
- 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
- 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.newcommunity.org
Where can I find the form 990 for New Community Hudson Senior Housing Corp?
New Community Hudson Senior Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newcommunity.org
Learn more at the official website: www.newcommunity.org
Mission Statement of New Community Hudson Senior Housing Corp
New Community Hudson Senior Housing Corp is dedicated to providing an 81-unit apartment project specifically catering to the elderly. This nonprofit organization's mission is to create a living space that offers comfort and support for the elderly, ensuring they can age gracefully with the necessary amenities. The corporation's mission is centered around providing a suitable living environment, which is a crucial aspect of maintaining the well-being and independence of the elderly.
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Impact
October, 2024
New Community Hudson Senior Housing Corp significantly impacts the welfare of elderly residents in Jersey City, New Jersey, by providing an essential 81-unit apartment project designed specifically for their needs. This initiative not only addresses the critical housing shortages for seniors but also fosters a community where older adults can live independently while having access to supportive resources. By creating a safe and welcoming environment, the project enhances the quality of life for its residents, promoting social interaction and reducing feelings of isolation, which are often prevalent in aging populations. The focus on senior-specific housing underscores the importance of dedicated spaces that cater to the unique challenges faced by older adults, ultimately contributing to their well-being and dignity.
This information is meant to be a general summary of New Community Hudson Senior Housing Corp. 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 2022.
- Investment Income: $110
- Program Service Revenue: $428,451
- Gross Receipts: $1,341,544
Assets and Liabilities:
- Total Assets: $4,289,049
- Total Liabilities: $723,005
- Net Assets: $3,566,044
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$428,451
Organization Details
Founding Year
1994
Phone
(973) 623-2800Principal Officer
Elizabeth Mbakaya
Main Address
233 West Market Street, Newark, NJ, 07103
Website
www.newcommunity.orgNTEE Category
Code: L220 - Housing
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