Overview
What is The Mary Patricia Murphy Corporation?
The Mary Patricia Murphy Corporation is a nonprofit organization situated in Parsippany, New Jersey, with an address at 959 Route 46 East, Suite 402. Their primary focus is to provide affordable housing to individuals dealing with mental illness, as they are a HUD 811 organization. Currently, they have four tenants residing in their building. This housing initiative aims to support and provide a safe living environment for those in need, contributing to their well-being and overall quality of life.
Official website here: www.communityhope-nj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating.
The Mary Patricia Murphy Corporation has received a solid rating of 82%, indicating a strong level of accountability and transparency in its operations. The organization boasts a fully independent board with 100% independent members, which is a significant strength, as it suggests a commitment to governance without conflicts of interest. Additionally, it has successfully demonstrated no material diversion of assets, showcasing responsible financial management.
The organization also excels in program expense ratio, achieving 100%, which indicates that all of its expenses are directed towards its programs rather than administrative costs. This is a positive reflection on its commitment to fulfilling its mission effectively. Moreover, the presence of comprehensive policies regarding conflicts of interest, whistleblower protections, and document retention further enhances its credibility.
However, while the overall accountability and financial management are commendable, the rating suggests that there could be areas for improvement to reach higher distinctions in the nonprofit sector. Continuous efforts to enhance transparency and effectiveness could help The Mary Patricia Murphy Corporation improve its standing and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Mary Patricia Murphy Corporation legitimate?
The Mary Patricia Murphy Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mary Patricia Murphy 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
Official website here: www.communityhope-nj.org
What is the mission statement of The Mary Patricia Murphy Corporation?
The Mary Patricia Murphy Corporation serves as a HUD 811 organization, providing affordable housing to individuals battling mental illness. Its mission is to offer subsidized housing solutions, ensuring affordability for those struggling with mental health issues. Currently, the corporation houses four tenants within its building. The organization is committed to providing a supportive living environment for these individuals, aiming to enhance their quality of life and promote their overall well-being.
Official website here: www.communityhope-nj.org
Who is the CEO of The Mary Patricia Murphy Corporation?
Carmine V Deo is the Board Treasurer of The Mary Patricia Murphy Corporation.
Official website here: www.communityhope-nj.org
What is the revenue of The Mary Patricia Murphy Corporation?
The Mary Patricia Murphy Corporation's revenue in 2020 was $26,735.
Official website here: www.communityhope-nj.org
Who are the executives of The Mary Patricia Murphy Corporation and what are their salaries?
There 4 volunteers at The Mary Patricia Murphy Corporation.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $150,623
- Other: $11,260
Official website here: www.communityhope-nj.org
Where can I find the form 990 for The Mary Patricia Murphy Corporation?
The Mary Patricia Murphy Corporation's most recent form 990 was submitted in 2020 and can be accessed here.
Official website here: www.communityhope-nj.org
Learn more at the official website: www.communityhope-nj.org
Mission Statement of The Mary Patricia Murphy Corporation
The Mary Patricia Murphy Corporation, a HUD 811 organization, is dedicated to providing affordable housing for individuals grappling with mental illness. As a subsidized housing corporation, it offers a living space that is economically accessible for those in need, specifically focusing on individuals struggling with mental health issues. Currently, the organization has four tenants residing in the building, benefiting from its housing services.
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Impact
August, 2024
The Mary Patricia Murphy Corporation has a significant impact on the community by providing affordable housing to individuals suffering from mental illness. This HUD 811 organization plays a crucial role in supporting vulnerable individuals by offering subsidized housing, ensuring they have a safe and stable place to call home. Through their mission of providing affordable housing, the organization helps improve the quality of life for those in need and contributes to addressing the challenges faced by individuals with mental illness. Their work not only provides essential shelter but also fosters a sense of security and support for their tenants, ultimately making a positive difference in the lives of those they serve.
This information is meant to be a general summary of The Mary Patricia Murphy 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Investment Income: $435
- Program Service Revenue: $26,300
- Gross Receipts: $26,735
Assets and Liabilities:
- Total Assets: $328,730
- Total Liabilities: $380,386
- Net Assets: -$51,656
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT FEES
Revenue
$26,300
Organization Details
Founding Year
2002
Phone
(973) 463-9600Principal Officer
Carmine V Deo
Main Address
959 ROUTE 46 EAST NO 402, PARSIPPANY, NJ, 07054
Website
www.communityhope-nj.orgNTEE Category
Code: P73 - Human services
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