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Elm Court Inc

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

EIN: 208984541 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

Overview

What is Elm Court Inc?

Elm Court Inc is a nonprofit organization situated in Princeton, New Jersey, dedicated to providing high-quality housing for seniors and mobility-impaired adults with income levels below 50% of the county median. They operate 66 one-bedroom apartments and 22 studios under the HUD Section 202 program, ensuring affordable rents. The building and operations are managed by PCH Development Corp, a 50L(C)3 entity. A licensed social worker is available on-site to help residents access community resources and state-sponsored programs. The organization provides free bus service, weekly shuttle service, and offers regular hair and podiatry care. Elm Court Inc fosters a strong community among its residents, connecting them with neighbors and hosting activities such as exercise classes, art lessons, and educational lectures. The community garden, created by volunteers and local donors, has become a significant part of life at Elm Court, allowing residents to grow their own fruits, vegetables, and flowers.


Official website here: www.princetoncommunityhousing.org

Is Elm Court Inc legitimate?

Elm Court Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elm Court 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,200

For more financial information, click here


Official website here: www.princetoncommunityhousing.org

What is the mission statement of Elm Court Inc?

Elm Court Inc is committed to providing quality living spaces for seniors and mobility-impaired adults whose income falls below 50% of the county median. This includes offering social and supportive opportunities to these residents. The organization ensures that its residents have access to the Princeton community, providing them with essential amenities such as free bus service, hair and podiatry care, and weekly shuttle service to regional shopping areas. Elm Court Inc strives to build a strong community among its residents, linking them to neighboring facilities and empowering them to lead fulfilling lives. Regular community gatherings, activities like chair exercise and art lessons, health information lectures, and TED talk discussion groups are organized for the residents. The community lounge hosts concerts and holiday celebrations, and the community garden, created by volunteers and local donors, is a highlight of Elm Court life, where residents grow fruits, vegetables, and flowers throughout the year.


Official website here: www.princetoncommunityhousing.org

Who is the CEO of Elm Court Inc?

Edward Truscelli is the Board Member of Elm Court Inc.


Official website here: www.princetoncommunityhousing.org

What is the revenue of Elm Court Inc?

Elm Court Inc's revenue in 2022 was $1,814,023.


Official website here: www.princetoncommunityhousing.org

Who are the executives of Elm Court Inc and what are their salaries?

The average compensation at Elm Court Inc during 2022 was $23,323. There are 13 employees and 21 volunteers at Elm Court Inc.

Here are 23 key members and their salaries:

    Edward Truscelli (Executive Director)
  • Compensation: $0
  • Related: $176,470
  • Other: $31,249

    • Janet Mcclafferty (Finance Director)
  • Compensation: $0
  • Related: $130,455
  • Other: $15,024

    • Alice K Small (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Stewart (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • C Vanleer Davis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Travers (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chad Bridges (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Bidwell Bates (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fredi Pearlmutter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Kavouras (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeannette Klink (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Cassidy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyu Whang (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linda Meisel (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Ciccone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Deborah Blanks (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Lukata Mjumbe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sara Just (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Harmon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas E White (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tony Capozzoli (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Toshi Abe (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Valerie Haynes (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.princetoncommunityhousing.org

    Where can I find the form 990 for Elm Court Inc?

    The Elm Court Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.princetoncommunityhousing.org

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

    Mission Statement of Elm Court Inc

    Elm Court Inc, a nonprofit organization, is committed to providing quality homes in a welcoming and diverse community for seniors and mobility-impaired adults whose incomes are below 50% of the county median. The mission of Elm Court Inc extends beyond just housing. It aims to offer social and supportive opportunities to its residents, ensuring they have access to the Princeton community. The organization owns 66 one-bedroom apartments and 22 studios, operating under the HUD Section 202 program with a Section 8 housing assistance payment contract. This enables Elm Court Inc to set rents at no more than 30% of each resident's adjusted gross income.

    PCH Development Corp, a 50L(c)3 entity, manages the building and operations. A licensed social worker is on site to assist residents with referrals to community resources and state-sponsored programs. Elm Court Inc provides free bus service to Princeton's shopping areas, library, and senior resource center six days a week, and also offers weekly shuttle service to regional shopping areas. Regular hair and podiatry care is made available, and the organization strives to build a strong community for its residents, linking them to neighbors in Elm Court II, Inc.

    Elm Court Inc encourages community involvement through resident-led activities such as chair exercise, art lessons, health information lectures, and Ted Talk discussion groups. Community lounges enable concerts and holiday celebrations, and the community garden, created by volunteers and local donors, has become a highlight of Elm Court life. Residents grow fruits, vegetables, and flowers in more than 50 plots, some designed with raised or wheelchair-accessible beds, making gardening accessible to all.

    Impact

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




    Thursday, August 15, 2024

    Elm Court Inc's impact is significant in providing quality homes in a welcoming and diverse community for seniors and mobility-impaired adults with incomes below 50% of the county median. Through their ownership of 66 one-bedroom apartments and 22 studios operating under the HUD Section 202 program, Elm Court ensures that residents pay no more than 30% of their adjusted gross income as rent. Additionally, the organization offers a range of supportive services, including access to a licensed social worker on-site for referrals, free bus services to essential locations, and regular health and wellness programs.

    Moreover, Elm Court fosters a sense of community among residents through activities like chair exercises, art lessons, health information lectures, and community gatherings. The presence of a residents association, newsletters, and communal spaces further enhance social connections. The community garden, maintained by volunteers and donors, provides an enriching outdoor space where residents can engage in gardening and enjoy fresh fruits, vegetables, and flowers.

    Overall, Elm Court Inc's impact extends beyond providing housing to ensuring a supportive and inclusive environment where seniors and mobility-impaired adults can lead meaningful and connected lives.





    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: $1,253
  • Program Service Revenue: $1,810,331
  • Gross Receipts: $1,814,023

    • Assets and Liabilities:
  • Total Assets: $4,017,922
  • Total Liabilities: $7,630,026
  • Net Assets: -$3,612,104
  • Programs

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

    HUD RENTAL ASSISTANCE

    Revenue

    $1,405,141

    RENTAL PAYMENTS

    Revenue

    $313,164

    CONGRAGATE PROGRAM REV

    Revenue

    $92,026

    Organization Details

    Founding Year

    2007

    Principal Officer

    Edward Truscelli

    Main Address

    ONE MONUMENT DRIVE, PRINCETON, NJ, 08540

    NTEE Category

    Code: E91 - Health

    If you are a representative of Elm Court Inc 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.