Overview
What is Shalom Housing Development Inc C/O Community Realty Management?
Shalom Housing Development Inc C/O Community Realty Management is a nonprofit organization based in Pleasantville, New Jersey. Their primary mission is to serve as a developer and provide support for Shalom Towers Inc, another nonprofit corporation. During the fiscal year ending on June 30, 2023, they offered grants totaling $35,000 to fund major repairs and improvements for a 150-unit senior citizen rental project owned by Shalom Towers Inc. Located in Ventnor City, New Jersey, this project is known as Shalom House. The organization's role extends to assisting Shalom Towers Inc with various aspects related to the ownership, financing, rehabilitation, renovation, maintenance, and operation of Shalom House. Additionally, they provide support for other non-profit organizations in the local community.
Is Shalom Housing Development Inc C/O Community Realty Management legitimate?
Shalom Housing Development Inc C/O Community Realty Management is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shalom Housing Development Inc C/O Community Realty Management 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.
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What is the mission statement of Shalom Housing Development Inc C/O Community Realty Management?
Shalom Housing Development Inc, under the oversight of Community Realty Management, is tasked with serving as the developer for Shalom Towers Inc, a New Jersey-based nonprofit corporation. Their primary mission is to assist Shalom Towers Inc in managing the ownership, financing, rehabilitation, renovation, maintenance, and operation of a senior citizen rental apartment project, known as Shalom House, located in Ventnor City, New Jersey. In return, they are paid a development fee for their services. Furthermore, they provide support to other non-profit organizations within the local community.
Who is the CEO of Shalom Housing Development Inc C/O Community Realty Management?
Yale Steingard is the Trustee/President of Shalom Housing Development Inc C/O Community Realty Management.
What is the revenue of Shalom Housing Development Inc C/O Community Realty Management?
Shalom Housing Development Inc C/O Community Realty Management's revenue in 2023 was $41,871.
Who are the executives of Shalom Housing Development Inc C/O Community Realty Management and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Shalom Housing Development Inc C/O Community Realty Management?
Shalom Housing Development Inc C/O Community Realty Management's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Shalom Housing Development Inc C/O Community Realty Management
Shalom Housing Development Inc C/O Community Realty Management serves as the developer and provides support for Shalom Towers Inc, a nonprofit corporation. The primary mission of Shalom Housing Development Inc is to aid Shalom Towers Inc in various aspects related to a senior citizen rental apartment project. This project, known as Shalom House, is located in Ventnor City, New Jersey, and includes 150 units. Shalom Housing Development Inc's role encompasses ownership, financing, rehabilitation, renovation, maintenance, and operation of this project. To compensate for its services, Shalom Housing Development Inc receives a development fee. In addition to its work with Shalom Towers Inc, the organization also offers support to other non-profit organizations within the local community.
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Impact
October, 2024
Shalom Housing Development Inc C/O Community Realty Management significantly impacts the Pleasantville area and its surrounding communities by focusing on the development and maintenance of affordable housing for senior citizens. This organization plays a crucial role as a developer and facilitator for Shalom Towers Inc., ensuring that essential repairs and improvements are made to the Shalom House, a 150-unit rental project dedicated to senior residents.
During the fiscal year ended June 30, 2023, Shalom Housing Development Inc. provided $35,000 in grants specifically aimed at funding major renovations and enhancements to the Shalom Towers property. This financial support not only improves the living conditions for seniors but also helps to maintain the integrity and safety of the housing facility.
Additionally, the organization's mission extends beyond just housing development. By offering essential assistance in ownership, financing, rehabilitation, and the overall operation of the rental project, Shalom Housing Development Inc. fosters a stable and supportive environment for its residents. Its commitment to serving both Shalom Towers and other nonprofit organizations in the local community underscores its dedication to improving the quality of life for seniors and enhancing community resources. Through these efforts, Shalom Housing Development Inc. contributes to a stronger, more vibrant community, underscoring the importance of accessible housing for vulnerable populations.
This information is meant to be a general summary of Shalom Housing Development Inc C/O Community Realty Management. 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 2023.
- Investment Income: $41,871
- Gross Receipts: $462,259
Assets and Liabilities:
- Total Assets: $1,459,497
- Total Liabilities: $0
- Net Assets: $1,459,497
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Organization Details
Founding Year
2015
Phone
(609) 646-8861Principal Officer
Yale Steingard
Main Address
36 South Main Street, Pleasantville, NJ, 08232
NTEE Category
Code: L20 - Housing
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