Overview
What is Evans Place Housing Inc?
Evans Place Housing Inc, based in Pequannock, New Jersey, is a dedicated nonprofit organization. Their primary mission is to provide affordable housing solutions for individuals with special needs. This mission is executed through the development and operation of such housing facilities, ensuring that these individuals have accessible and suitable living spaces. The organization operates with a focused purpose, striving to make a positive impact on the lives of those within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 58%, One-Star out of Four Star Rating.
Evans Place Housing Inc has received a 58% rating from Charity Navigator, indicating significant concerns regarding its overall financial health and accountability. While the organization excels in areas such as having a majority independent board and a strong program expense ratio of 98.52%, it faces serious challenges with a liabilities to assets ratio of 167.64%, which suggests financial instability.
The organization demonstrates good governance practices, with full points awarded for independent board composition and documentation of board meeting minutes. However, the high salaries of key personnel may be a point of concern for donors who prioritize cost-efficiency in nonprofit operations.
Overall, while Evans Place Housing Inc has strong programmatic spending and accountability structures, potential supporters should consider the financial risks indicated by its liabilities to assets ratio before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Evans Place Housing Inc legitimate?
Evans Place Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evans Place Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Evans Place Housing Inc?
Evans Place Housing Inc is committed to developing and managing affordable housing options for individuals with special needs. This mission is carried out through the operation of affordable housing facilities, aimed at providing a suitable living environment for these individuals. The organization's primary goal is to ensure that individuals with special needs have access to housing that meets their unique needs and circumstances, thereby enhancing their quality of life. Evans Place Housing Inc's activities are centered around the development and operation of affordable housing, catering specifically to individuals with special needs.
Who is the CEO of Evans Place Housing Inc?
Walter Dudzinski is the Ceo of Evans Place Housing Inc. The CEO's salary of Evans Place Housing Inc is $0 and their total compensation is $150,592.
What is the revenue of Evans Place Housing Inc?
Evans Place Housing Inc's revenue in 2022 was $132,066.
Who are the executives of Evans Place Housing Inc and what are their salaries?
There 3 volunteers at Evans Place Housing Inc.
Here are 5 key members and their salaries (Evans Place Housing Inc's CEO's salary is $0 and their total compensation is $150,592):
- Compensation: $0
- Related: $135,942
- Other: $14,650
- Compensation: $0
- Related: $96,489
- Other: $8,790
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Evans Place Housing Inc?
Evans Place Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Evans Place Housing Inc
Evans Place Housing Inc is dedicated to a significant mission. This nonprofit organization focuses on developing and operating affordable housing specifically designed for individuals with special needs. By providing such housing, Evans Place Housing Inc aims to create living spaces that cater to the unique requirements of these individuals, ensuring they have access to suitable accommodations. This mission is crucial in promoting independence and inclusion for these individuals within the wider community.
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Impact
October, 2024
Evans Place Housing Inc plays a crucial role in the community by developing and operating affordable housing specifically tailored for individuals with special needs. This initiative addresses a significant gap in accessible housing options, ensuring that those with unique requirements have safe, stable, and supportive living environments. By focusing on this demographic, Evans Place Housing Inc not only promotes inclusivity but also enhances the quality of life for individuals and their families in Pequannock, NJ. Their work contributes to the broader goal of fostering a more equitable society where everyone has the opportunity to thrive in a suitable living situation.
This information is meant to be a general summary of Evans Place Housing 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: $35
- Program Service Revenue: $39,530
- Gross Receipts: $132,066
Assets and Liabilities:
- Total Assets: $1,647,341
- Total Liabilities: $2,600,029
- Net Assets: -$952,688
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT INCOME RESIDENCE
Revenue
$39,530
Organization Details
Founding Year
2009
Phone
(973) 839-2520Principal Officer
Walter Dudzinski
Main Address
7 Industrial Rd, Pequannock, NJ, 07440
NTEE Category
Code: L21 - Housing
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