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Advanced Housing Inc

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

EIN: 223423159 ✦ Paramus, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Advanced Housing Inc?

Advanced Housing Inc, located in Paramus, New Jersey, is a nonprofit organization dedicated to expanding supportive housing options for individuals with psychiatric disabilities. Their mission extends beyond this specific group, aiming to provide similar housing opportunities and services to others in need. The organization's primary program, Supportive Living Program Bergen, offers permanent, affordable, and safe housing for mental health consumers. Services are flexible and allow consumers to maintain their independence and lifestyle of choice. A limited supply of scatter-sites and agency-owned housing is available for this program. The organization is staffed by a multi-disciplinary team capable of meeting the diverse needs of its consumers. As of the provided information, Advanced Housing Inc employs 77 individuals.


Official website here: www.advancehousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Advanced Housing Inc has received an 81% rating from Charity Navigator, indicating solid performance in accountability and finance. The charity boasts an independent board with a strong oversight presence, reflected in its high scores across various governance metrics. Notably, there have been no reported diversions of assets, and the organization maintains essential policies regarding conflict of interest and whistleblower protections, contributing to its financial transparency.

However, user feedback from Great Nonprofits suggests some areas of concern, particularly regarding upper management's responsiveness to resident needs. A former client expressed dissatisfaction with the disconnect between management and residents, indicating that while local staff are effective, the higher management in Teterboro may prioritize financial aspects over the quality of service. This highlights a potential need for improved training and engagement from the management team to enhance the living conditions and support for residents, particularly those with disabilities.

In summary, Advanced Housing Inc demonstrates strong financial accountability but faces challenges in its operational management and resident relations. Addressing the concerns raised by clients could further enhance its service delivery and overall effectiveness.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Advanced Housing Inc legitimate?

Advanced Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Advanced 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: $388,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,949,744

For more financial information, click here


Official website here: www.advancehousing.org

What is the mission statement of Advanced Housing Inc?

Advanced Housing Inc's mission is centered around expanding the availability of supportive housing options for individuals with psychiatric disabilities. Beyond this, the organization aims to extend these opportunities to other consumers in need of such housing. The supportive living program offered by Advanced Housing Inc provides mental health consumers with a range of permanent, affordable, and safe housing options. This program allows consumers to maintain their independence and lifestyle choices, with a limited supply of scatter-sites and agency-owned housing available. The organization's multidisciplinary team offers flexible services to meet the unique needs of each consumer.


Official website here: www.advancehousing.org

Who is the CEO of Advanced Housing Inc?

Carolyn Jaime Lcsw is the Chairman of Advanced Housing Inc. The CEO's salary of Advanced Housing Inc is $175,000 and their total compensation is $180,926.


Official website here: www.advancehousing.org

What is the revenue of Advanced Housing Inc?

Advanced Housing Inc's revenue in 2022 was $5,226,802.


Official website here: www.advancehousing.org

Who are the executives of Advanced Housing Inc and what are their salaries?

The average compensation at Advanced Housing Inc during 2022 was $30,364. There are 77 employees and 1 volunteer at Advanced Housing Inc.


Here are 14 key members and their salaries (Advanced Housing Inc's CEO's salary is $175,000 and their total compensation is $180,926):


Charles Higgins (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Sturiale (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Deangelo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Litterini (Treasurer (Resigned During 2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Bower (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Mckenna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Pezzillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimi Wei (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Nussman (Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Sharpe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Fredericks (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Jaime Lcsw (President And Ceo)
  • Compensation: $175,000
  • Related: $0
  • Other: $5,926
Everard Bascoe (Cfo)
  • Compensation: $84,998
  • Related: $0
  • Other: $8,465
Bina Shah (Coo)
  • Compensation: $97,380
  • Related: $0
  • Other: $16,500


Official website here: www.advancehousing.org

Where can I find the form 990 for Advanced Housing Inc?

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


Official website here: www.advancehousing.org

Learn more at the official website: www.advancehousing.org

Mission Statement of Advanced Housing Inc

Advanced Housing Inc, a nonprofit organization, is dedicated to expanding the availability of supportive housing options for individuals with psychiatric disabilities. Beyond this specific population, the organization aims to extend similar opportunities and services to other consumers in need of supportive housing. Through their supportive living program, they provide mental health consumers with a choice of permanent, affordable, and safe housing. This program offers flexible services that enable consumers to maintain their independence and lifestyle of choice. Advance Housing Inc employs a multidisciplinary team capable of meeting the diverse needs of the consumers enrolled in the program. Their mission is to broaden the scope of supportive housing options, thereby improving the living conditions and quality of life for individuals facing mental health challenges.

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Impact




October, 2024

Advanced Housing Inc significantly impacts individuals with psychiatric disabilities by expanding access to supportive housing options. It aims to provide permanent, affordable, and safe housing that empowers mental health consumers to live independently while maintaining their chosen lifestyle. Through the Supportive Living Program in Bergen County, the organization offers flexible services tailored to meet the unique needs of its consumers.

With a multi-disciplinary team, Advanced Housing Inc ensures that individuals receive comprehensive support, fostering their independence and improving their quality of life. By offering a limited supply of agency-owned and scattered-site housing, the organization enhances the availability of essential resources for those in need of housing support in New Jersey. This commitment to expanding the range of supportive housing opportunities not only addresses immediate housing needs but also contributes to the overall well-being and integration of individuals into their communities.




This information is meant to be a general summary of Advanced 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
$5,226,802 (2022)
201120122013201420152016201720182019202020212022$0$2M$4M$6M$8M
Expenses
$5,505,129 (2022)
201120122013201420152016201720182019202020212022$0$2M$4M$6M$8M
Efficiency
2011201220132014201520162017201820192020202120220%15%30%55%

Other financial information:

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

  • Investment Income: $25,274
  • Program Service Revenue: $1,458,552
  • Gross Receipts: $5,226,802

Assets and Liabilities:

  • Total Assets: $19,043,945
  • Total Liabilities: $16,406,318
  • Net Assets: $2,637,627

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Programs

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

MEDICAID FEES

Revenue

$911,765

RENTAL INCOME

Revenue

$372,270

PROPERTY MANAGEMENT

Revenue

$169,359

BOOKKEEPING FEES/ ACCC

Revenue

$5,158

Organization Details

Founding Year

1996

Principal Officer

Carolyn Jaime Lcsw

Main Address

64 E MIDLAND AVE SUITE 2, PARAMUS, NJ, 07652

NTEE Category

Code: L80 - Housing

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