North 25 Housing Corporation

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

EIN: 222178986 ✦ Trenton, NJ ✦ Designated as a 501(c)(3)

Overview

What is North 25 Housing Corporation?

North 25 Housing Corporation is a nonprofit organization dedicated to offering affordable housing and community support. By managing North 25 gp llc, the corporation serves as the general partner for North 25 urban renewal preservation lp. Their primary goal is to provide subsidized housing to low-income individuals and families, ensuring access to housing that is within their financial means. Beyond housing, North 25 Housing Corporation also contributes to the community by offering various services.


Is North 25 Housing Corporation legitimate?

North 25 Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. North 25 Housing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of North 25 Housing Corporation?
Who is the CEO of North 25 Housing Corporation?
What is the revenue of North 25 Housing Corporation?
Who are the executives of North 25 Housing Corporation and what are their salaries?
Where can I find the form 990 for North 25 Housing Corporation?

Mission Statement of North 25 Housing Corporation

North 25 Housing Corporation, as a mission-driven organization, is dedicated to providing low-income housing and community service. It accomplishes this by overseeing North 25 gp llc, which acts as the general partner for North 25 urban renewal preservation lp. This partnership aims to offer subsidized housing to individuals and families with modest incomes. By doing so, North 25 Housing Corporation plays a significant role in addressing housing needs within the community, contributing to a more equitable living environment for those in need.

Impact

This information is meant to be a general summary of North 25 Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

North 25 Housing Corporation's impact can be seen in its provision of low-income housing and community services through its ownership of North 25 GP LLC. By managing the general partner of North 25 Urban Renewal Preservation LP, the organization aims to offer subsidized housing for low to moderate-income individuals and families in Trenton, NJ. Through these efforts, North 25 Housing Corporation plays a crucial role in addressing the housing needs of vulnerable populations and enhancing the overall well-being of the community.





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: $36,978
  • Program Service Revenue: $784,395
  • Gross Receipts: $821,373

    • Assets and Liabilities:
  • Total Assets: $8,095,122
  • Total Liabilities: $1,472,469
  • Net Assets: $6,622,653
  • Programs

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

    DEVELOPER FEE
    SALE OF TAX CREDITS

    Revenue

    $784,395

    SOCIAL SERVICE COST REIMB
    SUPERVISORY MANAGEMNT FEE

    Organization Details

    Founding Year

    1977

    Principal Officer

    R Denise Lyles

    Main Address

    260 NORTH WILLOW STREET, TRENTON, NJ, 08618

    NTEE Category

    Code: L20 - Housing

    If you are a representative of North 25 Housing 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.