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Lakewood Tenants Organization Inc

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

EIN: 222184416 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

Overview

What is Lakewood Tenants Organization Inc?

Lakewood Tenants Organization Inc is a nonprofit organization that plays a crucial role in addressing the housing needs of its community. Based on the provided information, their primary mission is to administer the federal Section 8 Program, which aims to provide affordable housing solutions for individuals and families in need. Beyond this, they are dedicated to addressing tenant concerns and meeting their needs, ensuring a smooth administration of the program. Their operations are financially sustained through administrative fees earned from various programs they run. In summary, Lakewood Tenants Organization Inc serves as a vital resource in the community, providing housing solutions and addressing tenant concerns through the administration of the federal Section 8 Program.


Is Lakewood Tenants Organization Inc legitimate?

Lakewood Tenants Organization Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood Tenants Organization 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: $548,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,109

For more financial information, click here


What is the mission statement of Lakewood Tenants Organization Inc?
Who is the CEO of Lakewood Tenants Organization Inc?
What is the revenue of Lakewood Tenants Organization Inc?
Who are the executives of Lakewood Tenants Organization Inc and what are their salaries?
Where can I find the form 990 for Lakewood Tenants Organization Inc?

Mission Statement of Lakewood Tenants Organization Inc

Lakewood Tenants Organization, a nonprofit organization, is committed to fulfilling its mission of addressing the needs and concerns of its tenants, primarily through the administration of the federal Section 8 housing program. This program aims to provide affordable housing solutions for individuals and families in need. The organization goes beyond merely administering the program; it also earns administrative fees through its various programs. By doing so, Lakewood Tenants Organization demonstrates its dedication to ensuring the success and sustainability of its initiatives, thereby serving its community more effectively.

Impact

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




Thursday, August 15, 2024

Lakewood Tenants Organization Inc has a significant impact on the community by meeting tenant needs and concerns through the administration of the federal Section 8 Program. By providing affordable housing options and support services, the organization plays a crucial role in ensuring that individuals and families have access to safe and stable housing. Additionally, the organization earns administrative fees that contribute to its sustainability and ability to continue serving 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: $23,423
  • Program Service Revenue: $0
  • Gross Receipts: $1,725,961

    • Assets and Liabilities:
  • Total Assets: $4,343,919
  • Total Liabilities: $89,608
  • Net Assets: $4,254,311
  • Organization Details

    Founding Year

    1977

    Principal Officer

    Simcha Greenwald

    Main Address

    600 W KENNEDY BLVD, LAKEWOOD, NJ, 087011243

    NTEE Category

    Code: L52Z - Housing

    If you are a representative of Lakewood Tenants Organization 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.