Overview
What is Nutley Episcopal Senior Housinginc?
Nutley Episcopal Senior Housinginc is a nonprofit organization situated in Nutley, New Jersey, specifically at 47 Vincent Place. Its primary mission is to offer federally subsidized housing for the elderly and individuals with disabilities. This nonprofit organization is dedicated to providing a living space that caters to the needs of its elderly and handicapped residents, ensuring they have a comfortable and supported environment. With a team of six dedicated employees, Nutley Episcopal Senior Housinginc is committed to fulfilling its mission and contributing positively to the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)
Nutley Episcopal Senior Housing Inc has received a Two-Star rating from Charity Navigator, indicating a need for improvement in certain operational aspects. While the organization excels in areas such as having a fully independent board and effective financial oversight, it faces challenges that have impacted its overall score. The high program expense ratio of 91.58% reflects a strong commitment to mission-related activities, which is a positive sign for contributors.
However, several governance and transparency issues have been noted. The organization lacks essential policies, including a conflict of interest policy and a whistleblower policy, which raises concerns about accountability. Additionally, the nonprofit's website is missing key financial documents, such as the tax form, which limits public access to important information regarding its financial health and operations.
Overall, while Nutley Episcopal Senior Housing Inc demonstrates a solid commitment to its mission through its program expenses, addressing governance deficiencies and improving transparency will be crucial for enhancing trust and credibility with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Nutley Episcopal Senior Housinginc legitimate?
Nutley Episcopal Senior Housinginc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nutley Episcopal Senior Housinginc 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.
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What is the mission statement of Nutley Episcopal Senior Housinginc?
Nutley Episcopal Senior Housinginc is committed to fulfilling a mission that involves providing federally subsidized housing for the elderly and individuals with disabilities. This organization strives to make a significant impact in the lives of these individuals by offering them a residence that is supported by federal funding. Their goal is to ensure that these individuals have access to suitable housing, thereby enhancing their overall quality of life. The organization's activities are centered around providing federally subsidized housing, serving as a vital resource for the elderly and handicapped population.
Who is the CEO of Nutley Episcopal Senior Housinginc?
Salvatore Ferraro is the Trustee of Nutley Episcopal Senior Housinginc.
What is the revenue of Nutley Episcopal Senior Housinginc?
Nutley Episcopal Senior Housinginc's revenue in 2022 was $711,893.
Who are the executives of Nutley Episcopal Senior Housinginc and what are their salaries?
There are 6 employees at Nutley Episcopal Senior Housinginc.
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Where can I find the form 990 for Nutley Episcopal Senior Housinginc?
Nutley Episcopal Senior Housinginc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nutley Episcopal Senior Housinginc
Nutley Episcopal Senior Housinginc, as an organization, is committed to providing a vital service. Its mission is centered around offering federally subsidized housing for the elderly and individuals with disabilities. This mission is a testament to its dedication to ensuring that these vulnerable groups have access to safe and affordable living spaces. By providing such housing, Nutley Episcopal Senior Housinginc is not just offering a place to reside, but also contributing to the well-being and independence of the elderly and disabled population. This mission is a crucial part of the organization's role in the community, providing a vital service that enhances the quality of life for many individuals.
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Impact
July, 2024
Nutley Episcopal Senior Housing provides federally subsidized housing for the elderly and handicapped in Nutley, NJ. Their impact is significant in ensuring that vulnerable populations have access to safe and affordable housing. By offering subsidized housing, they help improve the quality of life for seniors and disabled individuals who may have limited financial resources. This organization plays a crucial role in promoting independence, security, and overall well-being for those they serve.
This information is meant to be a general summary of Nutley Episcopal Senior Housinginc. 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: $581
- Program Service Revenue: $323,099
- Gross Receipts: $711,893
Assets and Liabilities:
- Total Assets: $4,562,461
- Total Liabilities: $7,639,350
- Net Assets: -$3,076,889
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT PAYMENTS
Revenue
$319,681
LAUNDRY AND VENDING
Revenue
$2,918
TENANT CHARGES
Revenue
$500
Organization Details
Founding Year
1998
Phone
(973) 542-0311Principal Officer
Salvatore Ferraro
Main Address
47 VINCENT PLACE, NUTLEY, NJ, 07110
NTEE Category
Code: L22 - Housing
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