Overview
What is Moorestown Ecumenical Neighborhood Development Inc?
Moorestown Ecumenical Neighborhood Development Inc is a nonprofit organization situated in Moorestown, New Jersey. Their primary mission is to offer decent and safe housing at affordable rental rates to low- and moderate-income individuals, including those benefiting from government subsidies. By doing so, they aim to uplift the well-being of disadvantaged communities, such as the elderly, handicapped, and working families, providing them with housing they may not otherwise afford. This nonprofit organization employs a team of 22 individuals, with a focus on supporting low-income households in need of housing assistance.
Official website here: www.mendinc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
Moorestown Ecumenical Neighborhood Development Inc has earned a commendable Four-Star rating from Charity Navigator, indicating strong performance in accountability and finance. This high rating suggests that the organization effectively manages its resources and adheres to best practices in financial oversight. The charity's score, derived entirely from its Accountability & Finance metrics, reflects its commitment to transparency and responsible governance.
The organization boasts a fully independent board, with 95% of its members being independent, which enhances its governance structure. Additionally, it has excelled in areas such as conflict of interest policies and whistleblower policies, demonstrating a robust framework for ethical operations. The audit and oversight committee further strengthens its financial integrity, ensuring that funds are utilized appropriately for its programs.
However, while the financial management of the organization appears solid, feedback on its overall impact or effectiveness in achieving its mission is not highlighted in the data provided. As such, potential donors and stakeholders may want to consider looking into its programmatic outcomes and community engagement to gain a fuller picture of its contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Moorestown Ecumenical Neighborhood Development Inc legitimate?
Moorestown Ecumenical Neighborhood Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Moorestown Ecumenical Neighborhood Development 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: $262,943
Professional Fundraising Fees: $0
Other Salaries and Wages: $788,488
For more financial information, click here
Official website here: www.mendinc.org
What is the mission statement of Moorestown Ecumenical Neighborhood Development Inc?
Moorestown Ecumenical Neighborhood Development Inc's mission is centered around enhancing the well-being of underprivileged individuals, the elderly, handicapped, and working families. They achieve this by providing affordable housing options for those with low and moderate incomes who cannot afford decent, safe housing on their own. The organization's primary activity involves offering below-market-rate rental housing, ensuring that eligible individuals and families have a place to call home. They also offer government-subsidized housing units as part of their commitment to making housing accessible and affordable for those in need.
Official website here: www.mendinc.org
Who is the CEO of Moorestown Ecumenical Neighborhood Development Inc?
Eileen Wirth is the President/Ceo of Moorestown Ecumenical Neighborhood Development Inc. The CEO's salary of Moorestown Ecumenical Neighborhood Development Inc is $150,602 and their total compensation is $168,135.
Official website here: www.mendinc.org
What is the revenue of Moorestown Ecumenical Neighborhood Development Inc?
Moorestown Ecumenical Neighborhood Development Inc's revenue in 2022 was $2,770,530.
Official website here: www.mendinc.org
Who are the executives of Moorestown Ecumenical Neighborhood Development Inc and what are their salaries?
The average compensation at Moorestown Ecumenical Neighborhood Development Inc during 2022 was $47,792. There are 22 employees and 29 volunteers at Moorestown Ecumenical Neighborhood Development Inc.
Here are 21 key members and their salaries (Moorestown Ecumenical Neighborhood Development Inc's CEO's salary is $150,602 and their total compensation is $168,135):
- Compensation: $150,602
- Related: $0
- Other: $17,533
- Compensation: $74,054
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- Other: $20,754
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Official website here: www.mendinc.org
Where can I find the form 990 for Moorestown Ecumenical Neighborhood Development Inc?
Moorestown Ecumenical Neighborhood Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mendinc.org
Learn more at the official website: www.mendinc.org
Mission Statement of Moorestown Ecumenical Neighborhood Development Inc
Moorestown Ecumenical Neighborhood Development Inc is a nonprofit organization dedicated to improving the living conditions of those in need, including the elderly, handicapped, and working families. Its primary mission is to provide below-market-rate rental housing for individuals and families with low to moderate incomes. By doing so, the organization aims to help these individuals acquire decent, safe housing that they may not be able to afford on their own. The organization's housing units are rented out at lower rates, making it more accessible for those in financial distress. Moorestown Ecumenical Neighborhood Development Inc's efforts contribute significantly to the well-being of its residents, providing them with a secure and comfortable living environment.
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Impact
October, 2024
Moorestown Ecumenical Neighborhood Development Inc significantly impacts the community by providing essential housing support to low and moderate-income individuals and families. By offering decent, safe, and affordable rental options, it addresses the pressing needs of the needy, elderly, and handicapped populations. The organization not only promotes stability and security within these vulnerable groups but also fosters inclusivity by ensuring that those who might otherwise struggle to find suitable housing can thrive in a supportive environment.
Through its commitment to below-market-rate rental housing, it alleviates the financial burdens that often accompany housing costs, enabling families to allocate resources towards other vital needs such as education and healthcare. The provision of government-subsidized units enhances accessibility, making it possible for more individuals to attain a stable and secure living situation. This holistic approach not only improves individual lives but enhances the overall health and well-being of the community.
This information is meant to be a general summary of Moorestown Ecumenical Neighborhood Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $148,097
- Program Service Revenue: $1,953,142
- Gross Receipts: $3,141,133
Assets and Liabilities:
- Total Assets: $15,710,020
- Total Liabilities: $5,533,317
- Net Assets: $10,176,703
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$1,194,835
MANAGEMENT/ADMIN FEES
Revenue
$718,952
PROJECT DEVELOPMENT FE
Revenue
$39,355
Organization Details
Founding Year
1969
Phone
(856) 722-7070Principal Officer
Eileen Wirth
Main Address
99 EAST SECOND STREET, MOORESTOWN, NJ, 08057
Website
www.mendinc.orgNTEE Category
Code: L20 - Housing
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