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Margert Community Corporation

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

EIN: 112534700 ✦ Far rockaway, NY ✦ Designated as a 501(c)(3)

Overview

What is Margert Community Corporation?

Margert Community Corporation, located in Far Rockaway, New York (11691), is a dedicated nonprofit organization with a mission to serve low-income tenants, homeowners, the elderly, and individuals with disabilities. Their primary focus is on neighborhood preservation services and housing assistance, ensuring energy efficiency and fostering health and safety through the Weatherization Assistance Program. Moreover, they offer comprehensive housing counseling, playing a crucial role in promoting energy affordability and providing essential support for their community. The organization, with a team of 9 dedicated individuals, is committed to enhancing the living conditions and well-being of those they serve.


Official website here: www.margert.org

Is Margert Community Corporation legitimate?

Margert Community Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Margert Community 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.

Here are some key statistics you may want to consider:

Executive Compensation: $158,496
Professional Fundraising Fees: $0
Other Salaries and Wages: $643,332

For more financial information, click here


Official website here: www.margert.org

What is the mission statement of Margert Community Corporation?

The Margert Community Corporation is committed to providing neighborhood preservation services, housing assistance, and housing counseling to low-income tenants, homeowners, the elderly, and individuals with disabilities. Their mission encompasses energy affordability and comprehensive housing counseling, aiming to improve the living conditions of those in need. Through the Weatherization Assistance Program, they offer energy efficiency and health & safety services. The corporation's primary goal is to help these vulnerable groups maintain safe and energy-efficient homes.


Official website here: www.margert.org

Who is the CEO of Margert Community Corporation?

Rev Francis Shannon is the Chairperson of Margert Community Corporation.


Official website here: www.margert.org

What is the revenue of Margert Community Corporation?

Margert Community Corporation's revenue in 2022 was $2,086,587.


Official website here: www.margert.org

Who are the executives of Margert Community Corporation and what are their salaries?

The average compensation at Margert Community Corporation during 2022 was $89,092. There are 9 employees at Margert Community Corporation.

Here are 9 key members and their salaries:

    Joseph G Barden Non-Voting (Secretary/Executive Direct) [Trustee/Director]
  • Compensation: $158,496
  • Related: $0
  • Other: $18,425

    • Wayne Murchison (Multi-Family Project Director)
  • Compensation: $109,301
  • Related: $0
  • Other: $52,385

    • Stephanie Lawes (Housing Director)
  • Compensation: $119,893
  • Related: $0
  • Other: $19,475

    • Rev Francis Shannon (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adalberto Montero (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul H Gannon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Leroy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daisie Rodriguez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Virgilia Schiavone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.margert.org

    Where can I find the form 990 for Margert Community Corporation?

    The Margert Community Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.margert.org

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

    Mission Statement of Margert Community Corporation

    Margert Community Corporation is dedicated to providing neighborhood preservation services, housing assistance, and comprehensive housing counseling to low-income tenants, homeowners, the elderly, and individuals with disabilities. Their mission encompasses offering energy affordability services and comprehensive housing counseling, ensuring that these vulnerable groups can maintain and improve their living conditions. Additionally, the organization offers energy efficiency and health & safety services through the Weatherization Assistance Program, helping to enhance the overall well-being of the individuals they serve.

    Impact

    This information is meant to be a general summary of Margert Community Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Margert Community Corporation's impact is substantial in providing neighborhood preservation services, housing assistance, and housing counseling to low-income tenants and homeowners in Far Rockaway, NY. They also offer energy efficiency and health & safety services through the Weatherization Assistance Program, ensuring that vulnerable populations, including the elderly and persons with disabilities, have access to safe and affordable housing. Through their comprehensive housing counseling programs, Margert Community Corporation is working towards enhancing energy affordability and promoting housing stability for those in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $0
  • Program Service Revenue: $54,850
  • Gross Receipts: $2,086,587

    • Assets and Liabilities:
  • Total Assets: $3,330,961
  • Total Liabilities: $687,482
  • Net Assets: $2,643,479
  • Programs

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

    HOUSING COMMITTEE REVE

    Revenue

    $54,000

    OWNERS' INVESTMENT

    Revenue

    $850

    Organization Details

    Founding Year

    1980

    Principal Officer

    Rev Francis Shannon

    Main Address

    325 BEACH 37TH STREET, FAR ROCKAWAY, NY, 11691

    NTEE Category

    Code: L81Z - Housing

    If you are a representative of Margert Community Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.