Somerville Senior Citizens Housing Inc

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

EIN: 222137377 ✦ Somerville, NJ ✦ Designated as a 501(c)(3)

Overview

What is Somerville Senior Citizens Housing Inc?

Somerville Senior Citizens Housing Inc, located at 1 Mountain Avenue, Somerville, New Jersey, is a nonprofit organization dedicated to providing low-income housing for senior citizens and individuals with disabilities. The organization adheres to the regulations set by the U.S. Department of Housing and Urban Development under Section 8, ensuring compliance with fair housing, civil rights, and the Americans with Disabilities Act. With a commitment to its tenants and the spirit of these regulations, Somerville Senior Citizens' Housing Inc. frequently reviews its policies and procedures to make any necessary adjustments. The organization manages 152 units, providing a home for those in need. With a staff of nine individuals, the organization strives to create a welcoming and inclusive living environment for its residents.


Is Somerville Senior Citizens Housing Inc legitimate?

Somerville Senior Citizens Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerville Senior Citizens Housing 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: $107,539
Professional Fundraising Fees: $0
Other Salaries and Wages: $227,118

For more financial information, click here


What is the mission statement of Somerville Senior Citizens Housing Inc?
Who is the CEO of Somerville Senior Citizens Housing Inc?
What is the revenue of Somerville Senior Citizens Housing Inc?
Who are the executives of Somerville Senior Citizens Housing Inc and what are their salaries?
Where can I find the form 990 for Somerville Senior Citizens Housing Inc?

Mission Statement of Somerville Senior Citizens Housing Inc

Somerville Senior Citizens Housing Inc is dedicated to providing low-income housing for senior citizens. The management of this organization is committed to adhering to various laws and regulations governing fair housing, civil rights, and the Americans with Disabilities Act. They strive to comply not only with the letter of these regulations but also with their spirit, ensuring that their policies and procedures align with these principles. The organization regularly reviews its compliance status and makes necessary adjustments to maintain its commitment to these regulations.

Impact

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




Thursday, August 15, 2024

Somerville Senior Citizens Housing Inc's impact lies in providing essential low-income housing for senior citizens and disabled persons. With 152 apartments administered under Section 8 of the U.S. Department of Housing and Urban Development regulations, the organization plays a vital role in ensuring that this vulnerable population has a safe and affordable place to live. By adhering to fair housing laws, civil rights regulations, and the Americans with Disabilities Act, the management demonstrates a commitment to serving their tenants ethically and responsibly. This dedication to compliance and regular review of policies and procedures ensures that Somerville Senior Citizens Housing Inc continues to uphold its mission of providing quality housing 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 2023.

  • Investment Income: $39,046
  • Program Service Revenue: $794,044
  • Gross Receipts: $2,602,116

    • Assets and Liabilities:
  • Total Assets: $7,511,095
  • Total Liabilities: $982,163
  • Net Assets: $6,528,932
  • Programs

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

    TENANT RENT

    Revenue

    $765,812

    TENANT SERVICES

    Revenue

    $28,232

    Organization Details

    Founding Year

    1978

    Principal Officer

    Janice Reitman

    Main Address

    1 MOUNTAIN AVENUE, SOMERVILLE, NJ, 08876

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Somerville Senior Citizens Housing 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.