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Maxcen Housing Society New Jersey Branch Inc

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

EIN: 821283165 ✦ West orange, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Maxcen Housing Society New Jersey Branch Inc?

Maxcen Housing Society New Jersey Branch Inc is a nonprofit organization situated in West Orange, New Jersey. Their primary mission is to foster constructive relationships with key housing authorities, such as the Department of Housing and Urban Development and the United States Congress, with a focus on public housing policies. They also aim to connect with various federal, state, and local agencies, as well as resident groups, businesses, and other organizations, to achieve shared objectives in the realm of affordable and public housing. To enhance their expertise, they establish educational platforms, like workshops and newsletters, to provide valuable resources and foster growth within the housing sector. Essentially, their purpose is to advocate for and enhance affordable housing opportunities in the United States and New Jersey territories.


Official website here: www.maxmaths.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 44%, Zero-Star out of Four Star rating.

Maxcen Housing Society New Jersey Branch Inc has received a low score of 44%, reflecting significant challenges in its accountability and financial transparency. The organization lacks independent board members, which is a critical factor in governance effectiveness. While the charity has no documented instances of asset diversion and maintains a public tax form, other governance policies such as conflict of interest and whistleblower protections are notably missing.

Despite a high program expense ratio of 100%, indicating that all funds are directed towards its programs, the overall financial health is concerning due to a liabilities to assets ratio of 97.57%. This suggests that the organization is heavily indebted relative to its assets, which could jeopardize its stability and long-term viability. The absence of essential policies and independent oversight raises questions about the management and operational practices within the organization.

Overall, while Maxcen Housing Society is committed to its mission of providing services, the governance issues and financial risk highlighted in its rating necessitate careful consideration from potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Maxcen Housing Society New Jersey Branch Inc legitimate?

Maxcen Housing Society New Jersey Branch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maxcen Housing Society New Jersey Branch 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: $7,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.maxmaths.org

What is the mission statement of Maxcen Housing Society New Jersey Branch Inc?

Maxcen Housing Society New Jersey Branch Inc's mission is centered around promoting affordable and public housing for individuals of low and moderate income. They aim to establish strong communications with relevant authorities, including the Department of Housing and Urban Development and the United States Congress, to shape public housing policies. Furthermore, they strive to foster relationships with various organizations, agencies, and groups to advance their mission. Additionally, they are committed to enhancing expertise in the housing field through educational meetings, workshops, newsletters, electronic media, and text preparation.


Official website here: www.maxmaths.org

Who is the CEO of Maxcen Housing Society New Jersey Branch Inc?

Jean Maxcene Decarde is the Tutor of Maxcen Housing Society New Jersey Branch Inc.


Official website here: www.maxmaths.org

What is the revenue of Maxcen Housing Society New Jersey Branch Inc?

Maxcen Housing Society New Jersey Branch Inc's revenue in 2022 was $79,001.


Official website here: www.maxmaths.org

Who are the executives of Maxcen Housing Society New Jersey Branch Inc and what are their salaries?

There 17 volunteers at Maxcen Housing Society New Jersey Branch Inc.


There is 1 key member and their salary:


Jean Maxcene Decarde (Tutor)
  • Compensation: $7,000
  • Related: $0
  • Other: $0


Official website here: www.maxmaths.org

Where can I find the form 990 for Maxcen Housing Society New Jersey Branch Inc?

Maxcen Housing Society New Jersey Branch Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.maxmaths.org

Learn more at the official website: www.maxmaths.org

Mission Statement of Maxcen Housing Society New Jersey Branch Inc

Maxcen Housing Society New Jersey Branch Inc is committed to furthering decent, safe, and affordable housing options for individuals with low and moderate incomes within the United States and its New Jersey territories. To accomplish this, the organization actively engages in communications with various entities, including the Department of Housing and Urban Development, the United States Congress, and local agencies. This collaborative approach aims to shape public housing policies that align with their goals.

In addition to policy advocacy, Maxcen Housing Society New Jersey Branch Inc seeks to enhance its members' expertise in the housing field through educational initiatives. They achieve this by organizing workshops, meetings, and producing informative newsletters and texts. Utilizing electronic media, the organization broadens its reach and promotes open dialogue among professionals, housing advocacy groups, businesses, and other relevant agencies. This interconnected network not only strengthens the housing sector but also empowers individuals to contribute effectively towards affordable and public housing objectives.

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Impact




August, 2024

Maxcen Housing Society New Jersey Branch Inc's impact lies in promoting decent, safe, and affordable housing for individuals of low and moderate income in the United States and New Jersey territories. They work tirelessly to foster meaningful communications and relationships with the Department of Housing and Urban Development and the United States Congress, advocating for policies that support public housing initiatives. Additionally, they engage with a broad spectrum of agencies, resident groups, housing development organizations, and advocacy groups to further affordable housing goals. Through educational programs and communication networks, they enhance expertise within the housing field, ultimately contributing to the improvement of housing accessibility and quality for those in need.




This information is meant to be a general summary of Maxcen Housing Society New Jersey Branch 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.

Revenue
$79,001 (2022)
Expenses
$69,473 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $79,001

Assets and Liabilities:

  • Total Assets: $79,001
  • Total Liabilities: $69,473
  • Net Assets: $9,528

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Organization Details

Founding Year

2017

Principal Officer

Jean Maxcene Decarde

Main Address

77 Randolph PL, West Orange, NJ, 07052

NTEE Category

Code: L40 - Housing

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