Overview
What is The Eileen Corporation?
The Eileen Corporation, situated in Parsippany, New Jersey (specifically at 959 Route 46 East No 402), is a nonprofit organization specializing in providing affordable housing for individuals grappling with mental illness. As a HUD 811 organization, they offer subsidized housing, currently accommodating four tenants within their building. Their mission is deeply rooted in this service, ensuring that individuals dealing with mental health issues have access to suitable housing.
Official website here: www.communityhope-nj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
The Eileen Corporation has received a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with an overall score of 82%. This rating is derived entirely from the accountability and finance beacon, indicating a commitment to transparent financial practices. The organization has demonstrated a solid track record, featuring a fully independent board and no material diversion of assets, which contributes positively to its accountability profile.
Strengths highlighted include the presence of a conflict of interest policy and a whistleblower policy, both of which are critical for maintaining integrity and transparency within the organization. Additionally, The Eileen Corporation excels in its program expense ratio, with 100% of its expenses allocated to programs, showcasing an effective use of resources toward its mission.
While the overall rating is commendable, the score is solely based on accountability and finance, leaving potential concerns unassessed in other areas such as program impact or community feedback. However, the organization appears to prioritize governance and financial health, making it a trustworthy candidate for donors seeking responsible nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
Is The Eileen Corporation legitimate?
The Eileen Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Eileen 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: $0
For more financial information, click here
Official website here: www.communityhope-nj.org
What is the mission statement of The Eileen Corporation?
The Eileen Corporation, serving as a HUD 811 organization, is committed to providing affordable housing for individuals struggling with mental illness. Its mission is to subsidize housing, ensuring that individuals in need have a place to call home. Currently, the organization has four tenants residing in its building, benefiting from this affordable housing solution. The Eileen Corporation's primary objective is to support these individuals, offering them a stable living environment while addressing the unique challenges associated with mental illness.
Official website here: www.communityhope-nj.org
Who is the CEO of The Eileen Corporation?
Carmine V Deo is the Board Treasurer of The Eileen Corporation.
Official website here: www.communityhope-nj.org
What is the revenue of The Eileen Corporation?
The Eileen Corporation's revenue in 2020 was $33,593.
Official website here: www.communityhope-nj.org
Who are the executives of The Eileen Corporation and what are their salaries?
There 4 volunteers at The Eileen Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $150,623
- Other: $11,260
Official website here: www.communityhope-nj.org
Where can I find the form 990 for The Eileen Corporation?
The Eileen Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.communityhope-nj.org
Learn more at the official website: www.communityhope-nj.org
Mission Statement of The Eileen Corporation
The Eileen Corporation, as a HUD 811 organization, is dedicated to providing affordable housing for individuals who are grappling with mental illness. This mission is executed through the subsidized housing that The Eileen Corporation offers. The organization's primary goal is to make housing accessible and affordable for individuals battling mental health issues, ensuring they have a secure living space. Currently, The Eileen Corporation has four tenants residing in their building, benefiting from this subsidized housing. The organization's commitment to this cause is evident in its provision of affordable housing, aiming to improve the living conditions and overall well-being of individuals suffering from mental illness.
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Impact
August, 2024
The Eileen Corporation's impact is significant as it provides crucial affordable housing to individuals suffering from mental illness through its HUD 811 subsidized housing program. By offering a stable and supportive living environment, The Eileen Corporation plays a vital role in promoting the well-being and independence of its tenants. The organization's work in Parsippany, NJ, directly contributes to addressing the housing needs of this vulnerable population, thereby improving their quality of life and overall mental health outcomes.
This information is meant to be a general summary of The Eileen 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 2020.
- Investment Income: $103
- Program Service Revenue: $8,446
- Gross Receipts: $33,593
Assets and Liabilities:
- Total Assets: $296,767
- Total Liabilities: $367,616
- Net Assets: -$70,849
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FEES
Revenue
$8,446
Organization Details
Founding Year
2002
Phone
(973) 463-9600Principal Officer
Carmine V Deo
Main Address
959 ROUTE 46 EAST NO 402, PARSIPPANY, NJ, 07054
Website
www.communityhope-nj.orgNTEE Category
Code: L20 - Housing
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