Leonia Retirement Housing Corp

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

EIN: 222266251 ✦ Leonia, NJ ✦ Designated as a 501(c)(3)

Overview

What is Leonia Retirement Housing Corp?

Leonia Retirement Housing Corp is a nonprofit organization located at 270 Glenwood Ave, Leonia, New Jersey. Its primary mission is to provide affordable housing for senior citizens, catering to a population with low to moderate incomes. By operating as a low-income housing project, the corporation houses 75 tenant units, ensuring that elderly individuals have a suitable living space. This nonprofit organization is dedicated to upholding the well-being of senior citizens in the Leonia community.


Official website here: www.theglenwood.org

Is Leonia Retirement Housing Corp legitimate?

Leonia Retirement Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Leonia Retirement Housing 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


Official website here: www.theglenwood.org

What is the mission statement of Leonia Retirement Housing Corp?

The mission of Leonia Retirement Housing Corp is centered around providing housing for senior citizens who fall under the categories of low and moderate income. This organization is committed to making housing accessible for this specific demographic, ensuring they have a suitable living space. The project managed by Leonia Retirement Housing Corp currently accommodates 75 tenant units, further emphasizing their dedication to this cause.


Official website here: www.theglenwood.org

Who is the CEO of Leonia Retirement Housing Corp?

Rebecca Root is the President of Leonia Retirement Housing Corp.


Official website here: www.theglenwood.org

What is the revenue of Leonia Retirement Housing Corp?

Leonia Retirement Housing Corp's revenue in 2022 was $1,390,073.


Official website here: www.theglenwood.org

Who are the executives of Leonia Retirement Housing Corp and what are their salaries?

Here are 5 key members and their salaries:

    Rebecca Root (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Sullivan (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Hutnik (Treasurer/Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Huban (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kay Su (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.theglenwood.org

    Where can I find the form 990 for Leonia Retirement Housing Corp?

    The Leonia Retirement Housing Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.theglenwood.org

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

    Mission Statement of Leonia Retirement Housing Corp

    Leonia Retirement Housing Corp is dedicated to providing housing solutions for senior citizens who fall under the low and moderate income bracket. This nonprofit organization's primary mission is to offer a housing project that accommodates 75 tenant units, catering specifically to this demographic. By providing affordable housing, Leonia Retirement Housing Corp aims to contribute positively to the lives of its elderly residents, enabling them to maintain their independence and dignity in a secure living environment.

    Impact

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




    Thursday, August 15, 2024

    Leonia Retirement Housing Corp's impact is evident in its provision of low and moderate-income senior citizen housing in Leonia, NJ. By offering affordable housing options for seniors, this organization plays a crucial role in catering to the housing needs of a vulnerable population segment. With a mission focused on providing housing solutions for seniors with limited financial means, Leonia Retirement Housing Corp contributes to enhancing the quality of life and well-being of elderly individuals in the community. Through its low to moderate income housing project, which accommodates 75 tenant units, the organization directly addresses the pressing issue of housing affordability among seniors, ensuring that they have a safe and comfortable place to call home. Overall, Leonia Retirement Housing Corp's impact can be seen in its commitment to supporting the housing needs of low to moderate-income senior citizens, thereby fostering a more inclusive and supportive community environment.





    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: $73,910
  • Program Service Revenue: $1,306,515
  • Gross Receipts: $1,390,073

    • Assets and Liabilities:
  • Total Assets: $4,742,722
  • Total Liabilities: $7,080,816
  • Net Assets: -$2,338,094
  • Programs

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

    SECTION 8 RENTAL ASSIS

    Revenue

    $1,005,930

    APARTMENT RENTS

    Revenue

    $330,630

    VACANCY ADJUSTMENTS

    Revenue

    $-30,045

    Organization Details

    Founding Year

    1975

    Principal Officer

    Rebecca Root

    Main Address

    270 GLENWOOD AVE, LEONIA, NJ, 076051137

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Leonia Retirement Housing 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.