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Nc Orange Senior Housing Corp

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

EIN: 223657446 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Nc Orange Senior Housing Corp?

Nc Orange Senior Housing Corp is a nonprofit organization situated in Newark, New Jersey, at 233 West Market Street. Their primary mission is to offer affordable housing and specialized services tailored to the needs of the elderly or disabled population, totalling 99 units in Orange, NJ. The organization's objective is to promote the well-being, security, and happiness of its residents by addressing their physical, social, and psychological needs, thereby encouraging their overall health and usefulness in longer living.


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)

Nc Orange Senior Housing Corp has received a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an impressive score of 96% in these areas, the organization demonstrates a commitment to transparency and responsible management of resources, which is crucial for maintaining donor trust and support.

The organization excels in governance, reporting 90% independent board members and a solid structure for oversight with no material diversion of assets noted. It has well-established policies in place for conflict of interest, whistleblower protection, and document retention, showcasing its dedication to ethical practices.

However, while the financial metrics are strong, the summary does not provide insights into the organization's programmatic impact or community service outcomes. Potential donors may want to look for additional information on the effectiveness of its programs to ensure that their contributions will lead to meaningful results in the community.


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

Is Nc Orange Senior Housing Corp legitimate?

Nc Orange Senior Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nc Orange 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: $156,799

For more financial information, click here


Official website here: www.newcommunity.org

What is the mission statement of Nc Orange Senior Housing Corp?

Nc Orange Senior Housing Corp's mission is centered around providing specialized housing and services for the elderly and disabled individuals. The organization strives to cater to their physical, social, and psychological needs, with a focus on promoting their health, security, happiness, and overall usefulness in longer living. By offering this support, the corporation aims to enhance the quality of life for these individuals, ensuring they can live comfortably and with dignity.


Official website here: www.newcommunity.org

Who is the CEO of Nc Orange Senior Housing Corp?

Elizabeth Mbakaya is the Ceo of Nc Orange Senior Housing Corp. The CEO's salary of Nc Orange Senior Housing Corp is $0 and their total compensation is $451,830.


Official website here: www.newcommunity.org

What is the revenue of Nc Orange Senior Housing Corp?

Nc Orange Senior Housing Corp's revenue in 2022 was $1,130,924.


Official website here: www.newcommunity.org

Who are the executives of Nc Orange Senior Housing Corp and what are their salaries?

There 9 volunteers at Nc Orange Senior Housing Corp.


Here are 13 key members and their salaries (Nc Orange Senior Housing Corp's CEO's salary is $0 and their total compensation is $451,830):


Richard Rohrman (Ceo)
  • Compensation: $0
  • Related: $228,421
  • Other: $223,409
Elizabeth Mbakaya (Cfo)
  • Compensation: $0
  • Related: $230,650
  • Other: $0
Madge Wilson (Board Member)
  • Compensation: $0
  • Related: $55,000
  • Other: $3,720
Diane Johnson (Board Member)
  • Compensation: $0
  • Related: $40,700
  • Other: $0
Newton M Richards (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Zachary Yamba (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Nemorin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Migdalia Martinez (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fernando Colon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Marchetta (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerome St John (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ingrid Rasmussen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcommunity.org

Where can I find the form 990 for Nc Orange Senior Housing Corp?

Nc Orange 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 Nc Orange Senior Housing Corp

Nc Orange Senior Housing Corp is committed to serving the needs of elderly or disabled individuals. Their mission is to provide housing facilities and services that are specifically designed to cater to their physical, social, and psychological needs. The organization strives to promote the health, security, happiness, and usefulness of these individuals in their longer living, ensuring they lead fulfilling lives. By offering low-cost housing, Nc Orange Senior Housing Corp creates an environment where elderly and disabled persons can thrive, feeling secure and supported in their daily lives.

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Impact




October, 2024

Nc Orange Senior Housing Corp has a significant impact on the community by providing essential housing facilities and services tailored for elderly and disabled individuals. With 99 units located in Orange, NJ, the organization addresses the critical need for affordable housing for vulnerable populations.

By focusing on creating an environment that meets the physical, social, and psychological needs of its residents, Nc Orange Senior Housing Corp enhances the overall quality of life for its inhabitants. The provision of specialized services not only supports health and security but also fosters happiness and a sense of usefulness, allowing residents to thrive in their daily lives.

The mission of promoting longer and healthier living reflects a dedication to improving well-being and community engagement, thereby positively influencing the broader area of Newark, NJ. Through its efforts, Nc Orange Senior Housing Corp plays a vital role in alleviating housing insecurity and promoting a supportive community for those who need it most.




This information is meant to be a general summary of Nc Orange 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.

Revenue
$1,130,924 (2022)
Expenses
$1,377,069 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $117
  • Program Service Revenue: $328,103
  • Gross Receipts: $1,130,924

Assets and Liabilities:

  • Total Assets: $7,155,726
  • Total Liabilities: $391,794
  • Net Assets: $6,763,932

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Programs

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

RENT REVENUE

Revenue

$328,103

Organization Details

Founding Year

1999

Principal Officer

Elizabeth Mbakaya

Main Address

233 West Market Street, Newark, NJ, 07103

NTEE Category

Code: L22 - Housing

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