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Hampton Manors Uaw Urban Renewal Housing Corporation

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

EIN: 821527388 ✦ New brunswick, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Hampton Manors Uaw Urban Renewal Housing Corporation?

Hampton Manors UAW Urban Renewal Housing Corporation is a nonprofit organization situated in New Brunswick, New Jersey. Their primary mission is to provide affordable and subsidized housing to individuals meeting specific criteria, in accordance with federal and state laws. The corporation operates under deed restrictions and financial agreements with HUD and HMFA, ensuring that only those eligible for affordable housing programs can reside in their apartments. Their housing services cater mainly to low-income families and individuals, with eligibility determined based on annual gross income, age, family status, and U.S. citizenship or eligible immigration status. Hampton Manors UAW's mission is to serve a public purpose by offering affordable housing opportunities to low and moderate-income disabled or senior citizens in New Jersey, continuing to operate the housing project according to a state statute enabling non-profit corporations to develop and manage affordable housing.


Official website here: www.rnhousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Hampton Manors Uaw Urban Renewal Housing Corporation has received an 81% rating, reflecting a strong emphasis on accountability and finance. This score is particularly notable as it is derived entirely from the organization's performance in the accountability and finance category, indicating that it maintains transparency and effective financial management practices.

The organization boasts a well-structured governance model, with 63% of its board members being independent, which contributes to its high accountability score. Additionally, it has received full points in key areas such as its conflict of interest policy, whistleblower policy, and document retention practices. The high program expense ratio of 89.01% demonstrates that a substantial portion of its funds is directed towards its programs, which is a positive indicator for donors.

Despite its strengths, the organization’s rating is limited to a single beacon score, which means that its overall performance is not evaluated across multiple categories. While its financial and accountability practices are solid, potential donors may want to consider broader factors such as impact and effectiveness that could provide a more comprehensive view of the nonprofit's overall performance.


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

Is Hampton Manors Uaw Urban Renewal Housing Corporation legitimate?

Hampton Manors Uaw Urban Renewal Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hampton Manors Uaw Urban Renewal 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: $50,277

For more financial information, click here


Official website here: www.rnhousing.org

What is the mission statement of Hampton Manors Uaw Urban Renewal Housing Corporation?

The Hampton Manors UAW Urban Renewal Housing Corporation is committed to serving a public purpose and providing affordable housing opportunities for low and moderate-income disabled or senior citizens in New Jersey. Specifically, the corporation intends to continue operating the housing project in accordance with a state statute that allows for the incorporation of non-profit corporations to develop and operate affordable housing. This organization's mission is centered around promoting affordable housing opportunities for vulnerable populations.


Official website here: www.rnhousing.org

Who is the CEO of Hampton Manors Uaw Urban Renewal Housing Corporation?

Daniel Antonellis is the President of Hampton Manors Uaw Urban Renewal Housing Corporation.


Official website here: www.rnhousing.org

What is the revenue of Hampton Manors Uaw Urban Renewal Housing Corporation?

Hampton Manors Uaw Urban Renewal Housing Corporation's revenue in 2023 was $798,334.


Official website here: www.rnhousing.org

Who are the executives of Hampton Manors Uaw Urban Renewal Housing Corporation and what are their salaries?

The average compensation at Hampton Manors Uaw Urban Renewal Housing Corporation during 2023 was $12,569. There are 4 employees and 9 volunteers at Hampton Manors Uaw Urban Renewal Housing Corporation.


Here are 15 key members and their salaries:


Daniel Antonellis (President)
  • Compensation: $0
  • Related: $198,612
  • Other: $2,449
Thomas C Fricano (Vice President)
  • Compensation: $0
  • Related: $59,153
  • Other: $227
Edmund Gerber (Secretary & Treasurer)
  • Compensation: $0
  • Related: $59,153
  • Other: $1,638
Michelle Kass (Vice President)
  • Compensation: $0
  • Related: $59,153
  • Other: $0
David C Fricano (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Gerber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Robinson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Carpenter (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter J Antonellis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ellen Segal (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Barbee (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Latoof (Chief Financial Officer)
  • Compensation: $0
  • Related: $172,922
  • Other: $576
Mark Comroe (Director Of Development)
  • Compensation: $0
  • Related: $161,037
  • Other: $30,825
Kathleen Young (Managing Agent)
  • Compensation: $0
  • Related: $103,818
  • Other: $12,333
Antonio Freitas (Property Administrator)
  • Compensation: $0
  • Related: $111,931
  • Other: $30,825


Official website here: www.rnhousing.org

Where can I find the form 990 for Hampton Manors Uaw Urban Renewal Housing Corporation?

Hampton Manors Uaw Urban Renewal Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.rnhousing.org

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

Mission Statement of Hampton Manors Uaw Urban Renewal Housing Corporation

Hampton Manors UAW Urban Renewal Housing Corporation is a non-profit organization with a mission to serve a public purpose. Its primary goal is to provide and promote affordable housing opportunities for low-income, disabled, or senior citizens in New Jersey. The corporation achieves this mission by operating a housing project in accordance with a state statute that allows for the incorporation of non-profit corporations to develop and operate affordable housing. By doing so, Hampton Manors UAW Urban Renewal Housing Corporation aims to contribute to the housing needs of vulnerable populations in New Jersey.

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Impact




July, 2024

Hampton Manors UAW Urban Renewal Housing Corporation's impact is clear in providing affordable and subsidized housing to individuals in need, particularly low and moderate-income disabled or senior citizens in New Jersey. By limiting the rental of apartments to those who qualify for affordable housing programs, the organization ensures that those in financial need have access to suitable housing options. This supports the community by addressing the housing challenges faced by vulnerable populations and contributes to creating a more stable and inclusive environment for residents in New Brunswick, NJ.




This information is meant to be a general summary of Hampton Manors Uaw Urban Renewal 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
$798,334 (2023)
Expenses
$934,899 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $52
  • Program Service Revenue: $786,866
  • Gross Receipts: $798,334

Assets and Liabilities:

  • Total Assets: $5,528,275
  • Total Liabilities: $6,259,060
  • Net Assets: -$730,785

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$786,866

Organization Details

Founding Year

2017

Principal Officer

Daniel Antonellis

Main Address

88 HUNTINGTON STREET, NEW BRUNSWICK, NJ, 08901

NTEE Category

Code: L20 - Housing

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