Overview
What is Bcuwmadeline Housing Partners Llc?
Bcuwmadeline Housing Partners LLC is a nonprofit organization based in Paramus, New Jersey, dedicated to providing and managing affordable housing for individuals and families with special needs, as well as those with low and moderate income levels. Their primary mission involves the development and management of such housing units, aiming to cater to a wide range of needs within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Bcuwmadeline Housing Partners LLC holds a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization has achieved a high score primarily due to its strong accountability measures, including a fully independent board and no material diversion of assets. This reflects a commitment to transparency and responsible management of resources.
However, the organization has areas for improvement, particularly related to its governance practices, such as the lack of an independent board size and deficiencies in its whistleblower and document retention policies. Additionally, while the program expense ratio is commendable at 96.26%, the fundraising efficiency ratio is notably low, which could indicate challenges in raising funds effectively.
Overall, while Bcuwmadeline Housing Partners LLC demonstrates strong financial responsibility, enhancing governance practices and fundraising strategies could further bolster its operational effectiveness and overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Bcuwmadeline Housing Partners Llc legitimate?
Bcuwmadeline Housing Partners Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bcuwmadeline Housing Partners Llc 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 Bcuwmadeline Housing Partners Llc?
Bcuwmadeline Housing Partners LLC is committed to the development and management of housing solutions for individuals with special needs and those with low and moderate income. Their mission encompasses providing affordable housing options, focusing on the development and management of such properties. This organization aims to cater to the housing needs of these groups, contributing to a more inclusive and equitable living environment.
Who is the CEO of Bcuwmadeline Housing Partners Llc?
Thomas Toronto is the President of Bcuwmadeline Housing Partners Llc.
What is the revenue of Bcuwmadeline Housing Partners Llc?
Bcuwmadeline Housing Partners Llc's revenue in 2022 was $6,784,330.
Who are the executives of Bcuwmadeline Housing Partners Llc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Bcuwmadeline Housing Partners Llc?
Bcuwmadeline Housing Partners Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bcuwmadeline Housing Partners Llc
Bcuwmadeline Housing Partners LLC is committed to the development and management of housing for individuals and families with special needs and those who fall under the low and moderate income brackets. This nonprofit organization's mission is to provide affordable housing solutions, focusing on the development and management of such housing facilities. By doing so, it aims to contribute to the well-being and stability of these communities, ensuring that everyone has access to safe and secure housing.
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Impact
July, 2024
Bcuwmadeline Housing Partners LLC's impact lies in the development and management of housing for special needs, low, and moderate-income individuals and families in Paramus, NJ. By providing affordable housing options, they contribute to addressing housing challenges faced by vulnerable populations and help create stable and supportive living environments. Through their programs, Bcuwmadeline Housing Partners LLC plays a vital role in promoting accessibility to safe and affordable housing for those in need in the community.
This information is meant to be a general summary of Bcuwmadeline Housing Partners Llc. 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: $106
- Program Service Revenue: $2,314,603
- Gross Receipts: $6,784,330
Assets and Liabilities:
- Total Assets: $67,069,198
- Total Liabilities: $25,108,782
- Net Assets: $41,960,416
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,282,959
RENTAL INCOME-K-1
Revenue
$2,981
Organization Details
Founding Year
2012
Phone
(201) 291-4051Principal Officer
Thomas Toronto
Main Address
6 FOREST AVENUE, PARAMUS, NJ, 07652
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