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South Shore Village Leased Housing Corporation

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

EIN: 521798173 ✦ Bayonne, NJ ✦ Designated as a 501(c)(3)

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Overview

What is South Shore Village Leased Housing Corporation?

South Shore Village Leased Housing Corporation is a nonprofit organization situated in Bayonne, New Jersey. Their primary mission is to foster and progress low and moderate income housing opportunities within the city. They aim to advance and promote such housing, working diligently to contribute to the community's housing landscape.

Is South Shore Village Leased Housing Corporation legitimate?

South Shore Village Leased Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. South Shore Village Leased Housing Corporation 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 South Shore Village Leased Housing Corporation?

The South Shore Village Leased Housing Corporation is dedicated to promoting and advancing low and moderate income housing. Their mission is to contribute positively to this cause, aiming to make a difference in various communities. By doing so, they strive to enhance the living conditions for individuals with limited financial resources. They focus their efforts on the City of Bayonne, New Jersey, working towards the creation and maintenance of affordable housing options.

Who is the CEO of South Shore Village Leased Housing Corporation?

Cornelius O'Donnell is the President of South Shore Village Leased Housing Corporation.

What is the revenue of South Shore Village Leased Housing Corporation?

South Shore Village Leased Housing Corporation's revenue in 2022 was $10,964.

Who are the executives of South Shore Village Leased Housing Corporation and what are their salaries?

There 5 volunteers at South Shore Village Leased Housing Corporation.


Here are 3 key members and their salaries:


Cornelius O'Donnell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Mernar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pinerio (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for South Shore Village Leased Housing Corporation?

South Shore Village Leased Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of South Shore Village Leased Housing Corporation

South Shore Village Leased Housing Corporation is dedicated to promoting and enhancing the availability of low and moderate income housing within the city of Bayonne, New Jersey. Their mission is centered around advocating for and advancing affordable housing options, thereby contributing to a more inclusive community. The organization's primary goal is to ensure that a diverse range of individuals can secure suitable and affordable housing options, contributing to a more equitable society. South Shore Village Leased Housing Corporation's activities are geared towards fostering a city where everyone, regardless of their income level, has the opportunity to secure a safe and comfortable home.

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Impact




October, 2024

South Shore Village Leased Housing Corporation plays a crucial role in addressing the housing needs of low and moderate-income residents in Bayonne, New Jersey. By promoting and advancing affordable housing options, the organization contributes to enhancing the overall quality of life for individuals and families who may struggle to secure adequate housing in the area.

The impact of their work is evident in creating stable living conditions, fostering community development, and reducing homelessness. By focusing on affordable housing, South Shore Village not only helps individuals find a place to live but also strengthens the local economy by ensuring that a diverse range of residents can thrive within the community. As a result, the organization aids in building a more inclusive Bayonne, where all residents have access to essential resources and opportunities.




This information is meant to be a general summary of South Shore Village Leased Housing Corporation. 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
$10,964 (2022)
Expenses
$36,918 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,964
  • Gross Receipts: $10,964

Assets and Liabilities:

  • Total Assets: $31,501,863
  • Total Liabilities: $1,413,770
  • Net Assets: $30,088,093

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Organization Details

Founding Year

1978

Principal Officer

Cornelius O'Donnell

Main Address

PO Box 1651, Bayonne, NJ, 07002

NTEE Category

Code: L800 - Housing

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