Overview
What is Building Communities Inc?
Building Communities Inc is a nonprofit organization situated in Metuchen, New Jersey, with its headquarters at 5 Lee Court. Their primary mission is to revitalize and utilize underutilized properties for the betterment of underprivileged individuals and communities. One of their significant achievements is the transformation of vacant convents into affordable senior housing, ensuring a safe and enriching living environment for the elderly. Through this adaptive reuse project, they provide compassionate care, top-notch services, and engaging programs that positively impact seniors' lives. With a workforce of 15 dedicated individuals, Building Communities Inc continues to advocate for social good and contribute to the well-being of their community.
Is Building Communities Inc legitimate?
Building Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Communities 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: $301,390
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What is the mission statement of Building Communities Inc?
Building Communities Inc's mission is focused on utilizing vacant and underutilized properties for the betterment of underserved individuals and communities. They achieve this by engaging in adaptive reuse projects, transforming such spaces into beneficial facilities, such as affordable senior housing. Their most notable project, The Senior Residence at St. Peter the Apostle, provides senior residents with compassionate care, a safe environment, high-quality services, and enrichment programs to improve their quality of life.
Who is the CEO of Building Communities Inc?
Brian M Keenan is the Executive Director of Building Communities Inc.
What is the revenue of Building Communities Inc?
Building Communities Inc's revenue in 2022 was $698,024.
Who are the executives of Building Communities Inc and what are their salaries?
The average compensation at Building Communities Inc during 2022 was $20,093. There are 15 employees at Building Communities Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $24,000
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Building Communities Inc?
Building Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Building Communities Inc
Building Communities Inc, in its mission, aims to contribute positively to underserved communities by repurposing and managing vacant or underutilized properties. Their primary objective is to utilize these properties to provide essential resources and living spaces for individuals in need. One of their significant initiatives involves the adaptive reuse of vacant convents into affordable senior housing, such as the Senior Residence at St. Peter the Apostle. This supportive senior community offers compassionate care, ensures a safe environment, and delivers quality services and enrichment programs to enhance the lives of its senior residents. By undertaking such projects, Building Communities Inc seeks to make a tangible impact on the lives of those who require assistance, promoting social good and community development.
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Impact
July, 2024
Building Communities Inc's impact lies in its transformative approach to developing and managing vacant and underutilized properties for social good. One of its most significant activities involves adaptive reuse of vacant convents to create affordable senior housing. An excellent example of this is The Senior Residence at St. Peter the Apostle in Metuchen, NJ. This supportive senior community is dedicated to providing compassionate care, a safe environment, quality services, and enrichment programs to enhance the lives of seniors. Through their mission to develop and manage properties for the betterment of underserved individuals and communities, Building Communities Inc is making a tangible difference in the realm of affordable housing.
This information is meant to be a general summary of Building Communities 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: $31
- Program Service Revenue: $609,326
- Gross Receipts: $698,024
Assets and Liabilities:
- Total Assets: $426,834
- Total Liabilities: $656,376
- Net Assets: -$229,542
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$609,326
Organization Details
Founding Year
2017
Phone
(732) 277-0802Principal Officer
Brian M Keenan
Main Address
5 Lee Court, Metuchen, NJ, 08840
NTEE Category
Code: L20 - Housing
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