Overview
What is Ocean City Community Development Corporation?
The Ocean City Community Development Corporation, situated in Ocean City, New Jersey, is a dedicated nonprofit organization. Its primary mission is to create and provide affordable rental housing for low-income families. Currently, the corporation is constructing five duplexes, aiming to house ten families in need. The organization's focus on affordable housing contributes significantly to the community, ensuring that families with limited resources can secure stable housing.
Official website here: www.oceancityha.org
Is Ocean City Community Development Corporation legitimate?
Ocean City Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean City Community Development 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.
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Official website here: www.oceancityha.org
What is the mission statement of Ocean City Community Development Corporation?
The Ocean City Community Development Corporation is dedicated to developing affordable rental housing for low-income families. Their mission is reflected in their activities, which currently involve constructing five duplexes to accommodate ten needy families. The corporation aims to provide a suitable living space for families who might otherwise struggle to afford housing. This endeavor is a testament to their commitment to supporting vulnerable families and alleviating housing-related burdens.
Official website here: www.oceancityha.org
What is the revenue of Ocean City Community Development Corporation?
Ocean City Community Development Corporation's revenue in 2023 was $1,570,557.
Official website here: www.oceancityha.org
Who are the executives of Ocean City Community Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.oceancityha.org
Where can I find the form 990 for Ocean City Community Development Corporation?
Ocean City Community Development Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.oceancityha.org
Learn more at the official website: www.oceancityha.org
Mission Statement of Ocean City Community Development Corporation
Ocean City Community Development Corporation, in its mission, focuses on developing affordable rental housing for low-income families. This nonprofit organization is actively working towards constructing affordable real estate properties that will serve as rental homes for ten needy families. Currently, five duplexes are under construction to accommodate these families, demonstrating their commitment to addressing housing concerns within the low-income community. By providing affordable housing options, Ocean City Community Development Corporation aims to improve the living standards and promote stability for these families.
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Impact
July, 2024
Ocean City Community Development Corporation's impact is significant in providing affordable rental housing for low-income families in Ocean City, NJ. By developing affordable real estate rental housing, the organization is directly addressing the housing needs of the community's most vulnerable members. Through their mission and activities, they are making a tangible difference in improving the living conditions and stability of low-income families in Ocean City.
This information is meant to be a general summary of Ocean City Community Development 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 2023.
- Investment Income: $228
- Gross Receipts: $1,570,557
Assets and Liabilities:
- Total Assets: $4,508,376
- Total Liabilities: $2,823,418
- Net Assets: $1,684,958
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Organization Details
Founding Year
2017
Principal Officer
Robert Barr
Website
www.oceancityha.orgNTEE Category
Code: L21 - Housing
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