Overview
What is Carneys Point Inc?
Carneys Point Inc is a nonprofit organization dedicated to addressing the housing needs of individuals with limited resources. Situated in an unspecified location, the organization operates a 80-unit housing project, serving as a sanctuary for those in need of a place to call home. Carneys Point Inc's primary mission is to provide affordable housing, demonstrating a commitment to social welfare and community development. By offering this essential service, they contribute to the overall well-being and stability of their community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Stars
Carneys Point Inc has received an overall score of 82%, which translates to a Three-Star rating. This score is based entirely on the Accountability & Finance beacon, reflecting the organization's strong emphasis on sound financial practices and governance. The rating indicates that Carneys Point Inc is effectively managing its resources, ensuring a significant portion of its budget is allocated to its programs.
The nonprofit demonstrates a high level of accountability through its governance structure, with all board members being independent, and it has achieved full points in categories such as independent board size and financial oversight. The organization has also reported no material diversion of assets, which speaks to its commitment to transparency and ethical management.
Despite these strengths, the rating suggests that further information about program impact and effectiveness could enhance the understanding of Carneys Point Inc's overall performance. For now, the organization shows solid financial health and accountability, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Carneys Point Inc legitimate?
Carneys Point Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Carneys Point 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: $232,103
For more financial information, click here
What is the mission statement of Carneys Point Inc?
Carneys Point Inc, as an organization, is committed to providing housing for individuals with low income. This is achieved through their 80-unit housing project, which serves as a tangible manifestation of their mission to assist those in need of adequate housing. By offering this service, Carneys Point Inc contributes to the betterment of the community, providing a vital resource for those who may otherwise struggle to secure affordable accommodation. Their work is a testament to their dedication to addressing housing inequality and improving the living conditions of their beneficiaries.
Who is the CEO of Carneys Point Inc?
Susan Graham is the President of Carneys Point Inc.
What is the revenue of Carneys Point Inc?
Carneys Point Inc's revenue in 2022 was $999,872.
Who are the executives of Carneys Point Inc and what are their salaries?
The average compensation at Carneys Point Inc during 2022 was $58,026. There are 4 employees at Carneys Point Inc.
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Where can I find the form 990 for Carneys Point Inc?
Carneys Point Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Carneys Point Inc
Carneys Point Inc, a nonprofit organization, is committed to providing housing solutions for individuals with limited financial resources. This is achieved through their 80-unit housing project, which serves as a testament to their mission of offering shelter to those in need. By providing affordable housing, Carneys Point Inc plays a vital role in addressing the housing insecurity faced by many low-income individuals, thereby contributing to their overall well-being.
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Impact
July, 2024
Carneys Point Inc's impact lies in providing crucial housing support to low-income individuals through its 80-unit housing project. By fulfilling its mission to offer affordable housing to those in need, Carneys Point Inc plays a vital role in addressing the housing challenges faced by this demographic in Carneys Point, New Jersey. Through its dedicated efforts, Carneys Point Inc is making a tangible difference in the lives of individuals who may otherwise struggle with access to suitable housing options.
This information is meant to be a general summary of Carneys Point 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: -$98,867
- Gross Receipts: $1,713,953
Assets and Liabilities:
- Total Assets: $3,524,469
- Total Liabilities: $595,923
- Net Assets: $2,928,546
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Organization Details
Founding Year
1979
Phone
(856) 299-6611Principal Officer
Susan Graham
Main Address
311 SHELL ROAD, CARNEYS POINT, NJ, 08069
NTEE Category
Code: L200 - Housing
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