Overview
What is Metuchen Community Services Corporation?
Metuchen Community Services Corporation, situated in Perth Amboy, New Jersey, is a dedicated nonprofit organization. Its primary mission involves providing rental space to various non-profit organizations and actively working towards the development and provision of affordable housing for individuals with moderate to low incomes. The corporation's operations and initiatives aim to contribute positively to the community by offering vital resources and fostering a supportive environment. With a small team of four employees, Metuchen Community Services Corporation plays a crucial role in strengthening the local community by supporting other non-profits and addressing housing needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating 94% - Four-Star out of Four Star rating
Metuchen Community Services Corporation has achieved a Four-Star rating from Charity Navigator, which signifies a high level of financial accountability and transparency. The overall score is derived from a strong performance in the Accountability & Finance beacon, reflecting the organization's commitment to effective governance and fiscal responsibility.
The nonprofit boasts a majority independent board, with 77% of its members being independent, alongside a well-structured audit and oversight committee. With a program expense ratio of 88.82%, a significant portion of its resources is allocated directly to programs, indicating a focus on mission-driven activities rather than administrative costs.
While the scores reflect a robust operational structure, there are no noted limitations or areas for improvement in the available data, suggesting that the organization is currently performing well in both governance and financial management.
This AI summary has been generated from information found on Charity Navigator.
Is Metuchen Community Services Corporation legitimate?
Metuchen Community Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metuchen Community Services 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: $96,833
For more financial information, click here
What is the mission statement of Metuchen Community Services Corporation?
The Metuchen Community Services Corporation is committed to serving a noble cause. Its primary mission involves providing rental spaces to non-profit organizations and actively working on the development and provision of affordable housing for individuals with moderate to low incomes. This organization plays a significant role in the community by offering spaces for various non-profit organizations and contributing to the availability of housing options for those who require financial assistance.
Who is the CEO of Metuchen Community Services Corporation?
Gary Hoagland Esq is the Chairman of Metuchen Community Services Corporation.
What is the revenue of Metuchen Community Services Corporation?
Metuchen Community Services Corporation's revenue in 2022 was $1,406,193.
Who are the executives of Metuchen Community Services Corporation and what are their salaries?
The average compensation at Metuchen Community Services Corporation during 2022 was $24,208. There are 4 employees at Metuchen Community Services Corporation.
Here are 8 key members and their salaries:
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- Other: $0
- Compensation: $0
- Related: $235,390
- Other: $10,704
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- Other: $0
Where can I find the form 990 for Metuchen Community Services Corporation?
Metuchen Community Services Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Metuchen Community Services Corporation
Metuchen Community Services Corporation is an organization committed to two primary objectives. Firstly, it provides rental space to various non-profit organizations, offering them a conducive environment to carry out their charitable activities. Secondly, the corporation is dedicated to the development and provision of low-to-moderate-income housing. By offering rental spaces to non-profits and investing in affordable housing, Metuchen Community Services Corporation contributes significantly to the community, providing a platform for charitable organizations and facilitating housing options for individuals with moderate income levels.
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Impact
October, 2024
Metuchen Community Services Corporation plays a vital role in enhancing community well-being through the provision of rental spaces tailored for nonprofit organizations and the development of low-to-moderate-income housing. By securing affordable locations for nonprofits, the organization supports initiatives that address various social needs, fostering collaboration and resource sharing within the community. Additionally, its focus on developing accessible housing options contributes to alleviating housing insecurity, thus enabling individuals and families to thrive in a stable environment. This dual approach not only empowers local nonprofit efforts but also enhances the quality of life for residents in Perth Amboy, NJ, creating a more vibrant and supportive community.
This information is meant to be a general summary of Metuchen Community Services 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 2022.
- Investment Income: $45,893
- Program Service Revenue: $1,340,300
- Gross Receipts: $1,406,193
Assets and Liabilities:
- Total Assets: $9,441,477
- Total Liabilities: $470,834
- Net Assets: $8,970,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,098,060
CONTRACTED SERVICES
Revenue
$242,240
Organization Details
Founding Year
1995
Phone
(732) 324-8200Principal Officer
Gary Hoagland Esq
Main Address
319 MAPLE STREET, PERTH AMBOY, NJ, 08861
NTEE Category
Code: L21 - Housing
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