Overview
What is Mt Zion Ame New Brunswick Community Development Corporation?
Mt Zion Ame New Brunswick Community Development Corporation is a nonprofit organization with a mission to offer affordable housing options to low-income individuals and contribute to community improvement. By providing education and childcare services, they aim to support the well-being of low-income families, ultimately enabling them to lead more productive lives. In addition to housing, their efforts are geared towards addressing community needs and enhancing the overall quality of life.
Official website here: www.mzcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Stars
Mt Zion Ame New Brunswick Community Development Corporation has received a high rating of 96%, earning a Four-Star rating from Charity Navigator. This score indicates strong accountability and financial health, with an impressive 100% score in accountability and finance metrics. The organization boasts a fully independent board with 13 members, all contributing to its transparency and governance.
The charity demonstrates robust financial practices, having no material diversion of assets and a well-structured financial reporting system. Its commitment to ethical practices is reflected in the presence of conflict of interest and whistleblower policies, along with comprehensive documentation of board meeting minutes. Furthermore, the organization's program expense ratio stands at 100%, suggesting that all its expenses are directed towards its programs rather than administrative costs.
Despite its strengths, the summary does not highlight any particular limitations or areas for improvement. Overall, Mt Zion Ame New Brunswick Community Development Corporation exemplifies a well-managed nonprofit with a clear focus on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Mt Zion Ame New Brunswick Community Development Corporation legitimate?
Mt Zion Ame New Brunswick Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Zion Ame New Brunswick Community Development 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: $479,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.mzcdc.org
What is the mission statement of Mt Zion Ame New Brunswick Community Development Corporation?
The Mt Zion Ame Community Development Corporation's mission is centered around providing affordable housing for low-income individuals and serving as a catalyst for change within the community. By offering decent housing, the organization aims to enhance the quality of life for its residents, enabling them to lead more productive lives. Furthermore, the corporation focuses on addressing community needs that can positively impact the lives of its residents, acting as an instrument for change.
Official website here: www.mzcdc.org
Who is the CEO of Mt Zion Ame New Brunswick Community Development Corporation?
Rev Dr W Golden Carmon Sr is the Chairman of Mt Zion Ame New Brunswick Community Development Corporation.
Official website here: www.mzcdc.org
What is the revenue of Mt Zion Ame New Brunswick Community Development Corporation?
Mt Zion Ame New Brunswick Community Development Corporation's revenue in 2022 was $855,306.
Official website here: www.mzcdc.org
Who are the executives of Mt Zion Ame New Brunswick Community Development Corporation and what are their salaries?
The average compensation at Mt Zion Ame New Brunswick Community Development Corporation during 2022 was $28,191. There are 17 employees at Mt Zion Ame New Brunswick Community Development Corporation.
Here are 17 key members and their salaries:
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- Compensation: $83,932
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- Compensation: $54,512
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- Compensation: $31,205
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- Compensation: $30,120
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Official website here: www.mzcdc.org
Where can I find the form 990 for Mt Zion Ame New Brunswick Community Development Corporation?
Mt Zion Ame New Brunswick Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mzcdc.org
Learn more at the official website: www.mzcdc.org
Mission Statement of Mt Zion Ame New Brunswick Community Development Corporation
Mt Zion Ame New Brunswick Community Development Corporation is committed to providing decent and affordable housing to low-income individuals. This organization serves as an instrument of change, focusing on supporting community needs that aim to enhance the quality of life for its residents. By offering affordable housing, the corporation enables individuals to better equip themselves for more productive lives. Beyond housing, Mt Zion Ame New Brunswick Community Development Corporation also extends its reach to low-income families, providing them with essential education and childcare services. Through these initiatives, the organization strives to support the community and enhance their overall quality of life.
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Impact
October, 2024
Mt Zion Ame New Brunswick Community Development Corporation plays a significant role in enhancing the quality of life for low-income families in New Brunswick, NJ. By focusing on education and childcare services, the organization equips these families with essential resources that promote personal and communal growth.
The corporation's commitment to providing decent, affordable housing addresses one of the most critical needs for many low-income individuals. Access to stable and safe housing lays the foundation for families to pursue opportunities for improvement and success.
Moreover, the organization's efforts to identify and support community needs foster an environment where individuals can thrive. By acting as an instrument of change, Mt Zion Ame not only directly impacts the lives of those it serves but also contributes to a more vibrant, resilient community overall. The focus on education complements housing initiatives, creating a holistic approach to community development that empowers families to become more self-sufficient and productive members of society.
This information is meant to be a general summary of Mt Zion Ame New Brunswick Community Development 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.
- Gross Receipts: $855,306
Assets and Liabilities:
- Total Assets: $85,972
- Total Liabilities: $18,904
- Net Assets: $67,068
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Organization Details
Founding Year
2000
Principal Officer
Rev Dr W Golden Carmon Sr
Main Address
39 Morris Street, New Brunswick, NJ, 08901
Website
www.mzcdc.orgNTEE Category
Code: B21 - Education
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