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Start Easy Eagle Development

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

EIN: 260744323 ✦ Pequannock, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Start Easy Eagle Development?

Start Easy Eagle Development is a nonprofit organization located at 7 Industrial Road, Pequannock, New Jersey 07440. Their primary mission is to provide affordable and low-income housing for clients of other nonprofit entities. They also aim to enhance their operations by acquiring, rehabilitating, and developing such housing. This mission is instrumental in addressing housing needs within their community, contributing to a more inclusive and equitable living environment.


Official website here: www.newbridge.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) 61%

Start Easy Eagle Development has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and transparency. The organization achieved a score of 61%, with strengths in its governance structure, having an independent board of 10 members and no material diversion of assets reported. Additionally, the program expense ratio is high at 96.96%, suggesting that the majority of its funds are directed toward its mission-related activities.

However, there are notable weaknesses that contribute to the need for improvement. The organization lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy, each scoring zero points in these areas. Furthermore, the liabilities to assets ratio of 103.61% raises concerns about financial stability, as it indicates that liabilities exceed assets.

Overall, while Start Easy Eagle Development demonstrates commitment to its programs and has a solid governance structure, the absence of critical policies and the concerning financial ratio highlight areas that require attention to enhance accountability and sustainability.


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

Is Start Easy Eagle Development legitimate?

Start Easy Eagle Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Start Easy Eagle Development 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.newbridge.org

What is the mission statement of Start Easy Eagle Development?

Start Easy Eagle Development is committed to providing affordable low-income housing for clients of various not-for-profit entities. Additionally, the organization undertakes the acquisition, rehabilitation, and development of such housing to enhance its operations, thereby expanding its capacity to serve its intended population. The primary goal is to make housing more accessible for individuals who may not have the financial means to secure adequate housing, thereby contributing to their overall well-being.


Official website here: www.newbridge.org

Who is the CEO of Start Easy Eagle Development?

Walter Dudzinski is the Ceo of Start Easy Eagle Development. The CEO's salary of Start Easy Eagle Development is $0 and their total compensation is $150,592.


Official website here: www.newbridge.org

What is the revenue of Start Easy Eagle Development?

Start Easy Eagle Development's revenue in 2022 was $487,859.


Official website here: www.newbridge.org

Who are the executives of Start Easy Eagle Development and what are their salaries?

There 3 volunteers at Start Easy Eagle Development.


Here are 5 key members and their salaries (Start Easy Eagle Development's CEO's salary is $0 and their total compensation is $150,592):


Michelle L Borden (Ceo)
  • Compensation: $0
  • Related: $135,942
  • Other: $14,650
Walter Dudzinski (Cfo)
  • Compensation: $0
  • Related: $96,489
  • Other: $8,790
D Anne Wolfe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Penhale (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Episale (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newbridge.org

Where can I find the form 990 for Start Easy Eagle Development?

Start Easy Eagle Development's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newbridge.org

Learn more at the official website: www.newbridge.org

Mission Statement of Start Easy Eagle Development

Start Easy Eagle Development, as a not-for-profit entity, is committed to providing affordable low-income housing solutions. The organization's mission is twofold. Firstly, it aims to offer housing to clients of other nonprofit organizations, thereby extending its reach and impact in the community. Secondly, Start Easy Eagle Development is engaged in the acquisition, rehabilitation, and development of such housing units to enhance its operations. By undertaking these initiatives, the organization not only fulfills the housing needs of its clients but also contributes to the overall improvement of its operational capabilities.

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Impact




July, 2024

Start Easy Eagle Development's impact lies in its provision of affordable low-income housing to clients of other not-for-profit entities. By acquiring, rehabilitating, and developing such housing, the organization contributes to enhancing living conditions for individuals in need. This initiative helps address the housing challenges faced by low-income individuals and families, thereby creating a positive social impact within the community.




This information is meant to be a general summary of Start Easy Eagle Development. 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
$487,859 (2022)
Expenses
$654,252 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $200
  • Program Service Revenue: $162,368
  • Gross Receipts: $487,859

Assets and Liabilities:

  • Total Assets: $6,424,743
  • Total Liabilities: $6,396,993
  • Net Assets: $27,750

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Programs

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

AFFORDABLE HOUSING RENT

Revenue

$162,368

Organization Details

Founding Year

2006

Principal Officer

Walter Dudzinski

Main Address

7 Industrial Road, Pequannock, NJ, 07440

NTEE Category

Code: L20 - Housing

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