Overview
What is Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita?
Partner-Perth Amboy Redevelopment Team for Neighborhood Enterprise & Revita is a collaborative nonprofit organization based in Perth Amboy, New Jersey. They work in partnership with Habitat for Humanity to acquire properties within the city, subsequently constructing homes for first-time homeowners as part of their low-income housing initiatives. Beyond home construction, this organization also focuses on neighborhood revitalization, implementing a comprehensive plan to enhance the living conditions and overall appearance of a specific area within the city.
Official website here: www.partnernj.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 88%, Three-Star out of Four Star rating.
The Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita has received a solid score of 88%, reflecting strong accountability and financial practices. This score is driven by an impressive performance in various categories, such as having a completely independent board and effective financial oversight. The organization demonstrates a commitment to maintaining transparency and good governance, which is essential for building trust with stakeholders.
In terms of strengths, the organization excels in its board independence, scoring full points for both independent board members and board size. Additionally, the absence of material diversions of assets and strong financial ratios further enhance its credibility. The program expense ratio indicates that a significant portion of its funds is directed toward its mission, which is a positive indicator of its operational efficiency.
However, some limitations were noted, particularly the absence of a whistleblower policy and a document retention and destruction policy, both of which could improve the organization's governance framework. Addressing these areas may enhance its overall score and contribute to greater transparency and accountability in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita legitimate?
Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita is a legitimate nonprofit organization registered as a 501(c)(3) entity. Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita 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: $55,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $596,111
For more financial information, click here
Official website here: www.partnernj.org
What is the mission statement of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita?
The Partner-Perth Amboy Redevelopment Team for Neighborhood Enterprise and Revitalization collaborates with Habitat for Humanity to construct homes for first-time homebuyers through their low-income housing programs. Their mission involves revitalizing neighborhoods by providing a comprehensive plan for urban renewal. The organization focuses on purchasing properties in specific areas and transforming them into living spaces for individuals who may otherwise struggle to afford housing. By doing so, they contribute to the overall improvement and enhancement of the community.
Official website here: www.partnernj.org
Who is the CEO of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita?
Douglas Dzema is the Trustee of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita.
Official website here: www.partnernj.org
What is the revenue of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita?
Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita's revenue in 2022 was $2,329,406.
Official website here: www.partnernj.org
Who are the executives of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita and what are their salaries?
The average compensation at Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita during 2022 was $27,130. There are 24 employees at Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita.
Here are 8 key members and their salaries:
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- Compensation: $35,000
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Official website here: www.partnernj.org
Where can I find the form 990 for Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita?
Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.partnernj.org
Learn more at the official website: www.partnernj.org
Mission Statement of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita
The Partner-Perth Amboy Redevelopment Team for Neighborhood Enterprise and Revitalization is an organization that collaborates with Habitat for Humanity to address the issue of affordable housing. Their primary mission is to construct homes for first-time homebuyers within their low-income housing programs. This initiative is not only limited to constructing homes but also involves revitalizing a neighborhood within the city. By purchasing properties and constructing homes, they aim to provide sustainable living solutions for those in need. The organization's efforts contribute to the overall enhancement and regeneration of the neighborhood, thereby improving the living conditions of its residents.
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Impact
July, 2024
Partner-Perth Amboy Redevelopment Team for Neighborhood Enterprise & Revita's impact lies in its collaboration with Habitat for Humanity to address the pressing need for low-income housing in Perth Amboy, NJ. By purchasing properties and constructing homes for first-time homebuyers, this organization plays a crucial role in providing affordable housing solutions for individuals and families in need. Additionally, their revitalization plan for a specific neighborhood within the city contributes to community development and enhances the quality of life for residents. Through their efforts, Partner-Perth Amboy Redevelopment Team for Neighborhood Enterprise & Revita is creating a positive impact on both individuals and the broader community.
This information is meant to be a general summary of Partner-Perth Amboy Redevelopment Team For Neighborhood Enterprise & Revita. 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.
- Program Service Revenue: $2,067,306
- Gross Receipts: $2,329,406
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICE
Revenue
$1,748,500
Organization Details
Founding Year
2003
Phone
(732) 826-3114Principal Officer
Douglas Dzema
Main Address
881 AMBOY AVENUE, PERTH AMBOY, NJ, 08862
Website
www.partnernj.orgNTEE Category
Code: L20 - Housing
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