Community Asset Preservation Alliance Of Jc

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

EIN: 272988672 ✦ Jersey city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Community Asset Preservation Alliance Of Jc?

Community Asset Preservation Alliance of JC is a charitable organization situated in Jersey City, New Jersey, functioning under the 501(c)(3) tax exemption. Its primary objective is to improve the quality of affordable housing by undertaking rehabilitation projects. This nonprofit has dedicated its resources to this mission, contributing significantly to the well-being of the community.

Is Community Asset Preservation Alliance Of Jc legitimate?

Community Asset Preservation Alliance Of Jc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Asset Preservation Alliance Of Jc submitted a form 990EZ, 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.

What is the mission statement of Community Asset Preservation Alliance Of Jc?

The Community Asset Preservation Alliance of JC, as a nonprofit organization, has a mission centered around the rehabilitation of affordable housing. Initially, they began this mission, aiming to improve the living conditions of individuals in need. Their primary focus is on restoring and maintaining affordable housing units, thereby contributing to the betterment of the community.

What is the revenue of Community Asset Preservation Alliance Of Jc?

Community Asset Preservation Alliance Of Jc's revenue in 2020 was $90,380.

Who are the executives of Community Asset Preservation Alliance Of Jc and what are their salaries?

There is 1 key member and their salary:


Edward Fowlkes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Community Asset Preservation Alliance Of Jc?

Community Asset Preservation Alliance Of Jc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Community Asset Preservation Alliance Of Jc

The Community Asset Preservation Alliance of JC is a dedicated nonprofit organization that has embarked on a mission to revitalize affordable housing. Their primary focus lies in the rehabilitation of these living spaces, aiming to improve the living conditions of those residing in them. The Alliance's commitment to this cause positions it as a vital player in ensuring affordable housing remains accessible and well-maintained. By taking on this mission, the Community Asset Preservation Alliance of JC is contributing to the betterment of its community by providing safe and livable accommodations for its inhabitants.

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Impact




October, 2024

Community Asset Preservation Alliance of JC plays a crucial role in enhancing the quality of life in Jersey City by focusing on the rehabilitation of affordable housing. Their efforts contribute to the revitalization of neighborhoods, ensuring that residents have access to safe and secure living environments. By improving housing conditions, the organization helps to stabilize communities and promote overall well-being.

This initiative not only addresses immediate housing needs but also fosters long-term economic stability for residents. As affordable housing becomes increasingly scarce, their work supports vulnerable populations, allowing families and individuals to thrive in a supportive environment. The impact extends beyond individual homes, as revitalized areas can lead to increased community pride, engagement, and investment in local resources.

Furthermore, their commitment to preserving affordable housing affects the broader housing market, helping to prevent homelessness and reducing displacement risks. Through strategic partnerships and community involvement, this organization cultivates a sense of ownership and collaboration among residents, making Jersey City a more inclusive and resilient place to live.




This information is meant to be a general summary of Community Asset Preservation Alliance Of Jc. 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
$90,380 (2020)
Expenses
$114,942 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Gross Receipts: $90,380

Assets and Liabilities:

  • Total Assets: $194,155
  • Total Liabilities: $265,003
  • Net Assets: -$70,848

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Organization Details

Principal Officer

Edward Fowlkes

NTEE Category

Code: Z99 - Unknown

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