Overview
What is Clinton Hill Community Apartments?
Clinton Hill Community Apartments is a nonprofit organization situated in Irvington, New Jersey, with a postal address at 1290 Springfield Avenue, 07111. With a mission to offer affordable housing solutions, it serves around 149 low to moderate income families in Newark, New Jersey, under the umbrella of Section 236 of the National Housing Act. The project is funded by the Housing and Urban Development (HUD) department, ensuring that its operations are backed by government support. The organization, with a workforce of 15 individuals, is committed to making housing more accessible for those in need in the Newark area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Clinton Hill Community Apartments has received a two-star rating from Charity Navigator, indicating a need for improvement in various areas. The organization's Accountability & Finance Score stands at 67%, reflecting strong aspects such as an independent board with 100% independent members and a high program expense ratio of 83.68%. These strengths highlight the organization's commitment to its mission and effective resource allocation.
However, there are significant limitations that must be addressed. The organization received a zero score in several critical areas, including the absence of a conflict of interest policy, whistleblower policy, and proper documentation regarding retention and destruction. Additionally, the missing website link on their tax form raises concerns about transparency and accessibility of information for stakeholders.
Overall, while Clinton Hill Community Apartments demonstrates responsible financial management and strong governance, the noted deficiencies in policies and documentation suggest a need for enhanced operational practices to bolster its credibility and effectiveness within the community.
This AI summary has been generated from information found on Charity Navigator.
Is Clinton Hill Community Apartments legitimate?
Clinton Hill Community Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clinton Hill Community Apartments 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: $317,838
For more financial information, click here
What is the mission statement of Clinton Hill Community Apartments?
The Clinton Hill Community Apartments, funded by HUD, is committed to providing affordable housing under Section 236 of the National Housing Act. Their mission is to cater to the needs of low-income families, offering them a place to call home in Newark, New Jersey. The project's primary goal is to ensure affordable housing, providing a living space for approximately 149 families who fall under the category of low to moderate income.
Who is the CEO of Clinton Hill Community Apartments?
Anthony Kerr is the Board Chair of Clinton Hill Community Apartments.
What is the revenue of Clinton Hill Community Apartments?
Clinton Hill Community Apartments's revenue in 2022 was $2,291,019.
Who are the executives of Clinton Hill Community Apartments and what are their salaries?
The average compensation at Clinton Hill Community Apartments during 2022 was $21,189. There are 15 employees at Clinton Hill Community Apartments.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Clinton Hill Community Apartments?
Clinton Hill Community Apartments's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clinton Hill Community Apartments
Clinton Hill Community Apartments, as a nonprofit organization, is dedicated to providing affordable housing solutions for low-income families. In accordance with Section 236 of the National Housing Act, this mission is funded by the HUD, allowing the organization to offer housing services to approximately 149 families in Newark, New Jersey. By focusing on this crucial need, Clinton Hill Community Apartments contributes to the well-being of families, ensuring they have a stable living environment despite their financial circumstances.
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Impact
July, 2024
Clinton Hill Community Apartments provides crucial affordable housing to low-income families in Newark, NJ. Through its funding from HUD and operation under Section 236 of the National Housing Act, the organization has successfully offered housing for approximately 149 low to moderate income families. This impact is significant in addressing the housing needs of vulnerable populations in the community, ensuring they have access to safe and affordable housing options.
This information is meant to be a general summary of Clinton Hill Community Apartments. 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: $757
- Program Service Revenue: $1,918,694
- Gross Receipts: $2,291,019
Assets and Liabilities:
- Total Assets: $3,383,294
- Total Liabilities: $2,420,372
- Net Assets: $962,922
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENTS
Revenue
$991,977
OPERATING SUBSIDY
Revenue
$926,717
Organization Details
Founding Year
1972
Phone
(973) 371-4500Principal Officer
Anthony Kerr
Main Address
1290 SPRINGFIELD AVENUE, IRVINGTON, NJ, 07111
NTEE Category
Code: L20Z - Housing
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