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Hovnanian School Inc

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

EIN: 222126689 ✦ New milford, NJ ✦ Designated as a 501(c)(3)

Overview

What is Hovnanian School Inc?

Hovnanian School Inc is a nonprofit institution situated in New Milford, New Jersey, with an address at 817 River Road. The school serves approximately 131 students, providing a regular public school curriculum alongside Armenian language and history classes. The primary mission of Hovnanian School Inc is to educate enrolled students and enrich their knowledge with the Armenian culture and history. With a dedicated staff of 62 employees, the school seeks to foster a learning environment that celebrates and preserves the Armenian heritage.


Official website here: www.hovnanianschools.org

Is Hovnanian School Inc legitimate?

Hovnanian School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hovnanian School 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: $86,875
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,879,619

For more financial information, click here


Official website here: www.hovnanianschools.org

What is the mission statement of Hovnanian School Inc?

Hovnanian School Inc's mission is centered around providing educational instruction to its enrolled students while enriching their knowledge with the Armenian culture and history. The school aims to incorporate the regular public school curriculum alongside additional classes in Armenian language and history. The institution serves approximately 131 students, enabling them to gain a comprehensive understanding of their cultural heritage. This educational approach fosters a deep appreciation for their cultural identity, preparing them for a well-rounded future.


Official website here: www.hovnanianschools.org

Who is the CEO of Hovnanian School Inc?

Hilda Baronian is the Chairman of Hovnanian School Inc.


Official website here: www.hovnanianschools.org

What is the revenue of Hovnanian School Inc?

Hovnanian School Inc's revenue in 2022 was $10,280,451.


Official website here: www.hovnanianschools.org

Who are the executives of Hovnanian School Inc and what are their salaries?

The average compensation at Hovnanian School Inc during 2022 was $31,718. There are 62 employees at Hovnanian School Inc.

Here are 9 key members and their salaries:

    Christopher S Sarafian (Principal)
  • Compensation: $82,375
  • Related: $0
  • Other: $0

    • Nazar Altun Esq (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Siranoush Dervogormiyaciyan (Vice-Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vicken Arslanian (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lena Derohannessian (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Berta Zakian (Advisor) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Avak Uzatmaciyan (Advisor) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Timothy White (Advisor) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Isakhanian (Assistant Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hovnanianschools.org

    Where can I find the form 990 for Hovnanian School Inc?

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


    Official website here: www.hovnanianschools.org

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

    Mission Statement of Hovnanian School Inc

    Hovnanian School Inc, a nonprofit entity, is dedicated to providing instruction to its enrolled students and enriching their understanding of the Armenian culture and history. Its mission is multifaceted, primarily involving the delivery of daytime education to approximately 131 students. This education goes beyond the regular public school curriculum, incorporating additional classes focused on the Armenian language and history. By doing so, Hovnanian School Inc aims to foster a deep-rooted connection with the Armenian heritage within its student body.

    Impact

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




    Thursday, August 15, 2024

    Hovnanian School Inc's impact lies in providing instruction to enrolled students and enriching them with the Armenian culture and history. Through daytime instruction given to approximately 131 students in New Milford, NJ, the school effectively combines the regular public school curriculum with additional Armenian language and history classes. By fulfilling its mission to educate and immerse students in Armenian culture, Hovnanian School Inc contributes to preserving and promoting this rich heritage among the younger generation.





    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: $67,759
  • Program Service Revenue: $2,174,220
  • Gross Receipts: $11,431,537

    • Assets and Liabilities:
  • Total Assets: $10,637,594
  • Total Liabilities: $1,863,997
  • Net Assets: $8,773,597
  • Programs

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

    TUITION /REGISTRATION

    Revenue

    $1,628,196

    PROGRAM OTHER

    Revenue

    $546,024

    Organization Details

    Founding Year

    1976

    Principal Officer

    Hilda Baronian

    Main Address

    817 RIVER ROAD, NEW MILFORD, NJ, 07646

    NTEE Category

    Code: B24Z - Education

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