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Union Township Adult Community Development Corp

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

EIN: 222226062 ✦ Union, NJ ✦ Designated as a 501(c)(3)

Overview

What is Union Township Adult Community Development Corp?

Union Township Adult Community Development Corp is a nonprofit organization situated in Union, New Jersey. Its primary objective is to provide affordable housing solutions for senior citizens, ensuring their safety and wellbeing. The organization meets this goal by adhering to HUD Section 8 guidelines, enabling it to receive subsidized rental payments. As of the provided information, Union Township Adult Community Development Corp manages a total of 247 residential units, comprising 30 efficiency apartments, 198 one-bedroom apartments, and 5 two-bedroom apartments. The organization's mission is to offer rental housing and related facilities to the elderly community at an affordable rate, thereby contributing to their comfort and overall quality of life.


Is Union Township Adult Community Development Corp legitimate?

Union Township Adult Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Union Township Adult Community Development Corp 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 Union Township Adult Community Development Corp?
Who is the CEO of Union Township Adult Community Development Corp?
What is the revenue of Union Township Adult Community Development Corp?
Who are the executives of Union Township Adult Community Development Corp and what are their salaries?
Where can I find the form 990 for Union Township Adult Community Development Corp?

Mission Statement of Union Township Adult Community Development Corp

Union Township Adult Community Development Corp, as a mission-driven organization, focuses on providing living accommodations for senior citizens at affordable rates. Their primary objective is to offer rental housing and related facilities to elderly individuals who meet specific income requirements. The corporation qualifies under HUD Section 8, enabling it to receive subsidized rental payments to ensure the provision of safe and affordable housing.

In pursuit of this mission, Union Township Adult Community Development Corp offers a variety of dwelling options, including 30 efficiency apartments, 198 one-bedroom apartments, and 5 two-bedroom apartments. By offering these accommodations at affordable rates, the organization strives to make living arrangements more accessible for senior citizens who may have limited financial resources. This commitment to affordable housing and supportive living environments reflects Union Township Adult Community Development Corp's dedication to enhancing the quality of life for elderly individuals.

Impact

This information is meant to be a general summary of Union Township Adult Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Union Township Adult Community Development Corp's impact lies in providing safe and affordable housing options for senior citizens in Union, New Jersey. By offering a total of 233 apartments, including efficiency, one-bedroom, and two-bedroom units, the organization enables elderly individuals to access comfortable living accommodations at subsidized rates. This initiative helps fulfill the mission of providing affordable rental housing to seniors, promoting their well-being and quality of life in 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: $13,061
  • Program Service Revenue: $3,502,780
  • Gross Receipts: $3,527,300

    • Assets and Liabilities:
  • Total Assets: $14,442,460
  • Total Liabilities: $7,854,611
  • Net Assets: $6,587,849
  • Programs

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

    RENTAL

    Revenue

    $3,502,780

    Organization Details

    Founding Year

    1978

    Principal Officer

    James Masterson

    Main Address

    100 FRANCES CT, UNION, NJ, 07083

    NTEE Category

    Code: L22I - Housing

    If you are a representative of Union Township Adult Community Development Corp 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.