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New Community Urban Renewal Corporation

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

EIN: 222484084 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is New Community Urban Renewal Corporation?

New Community Urban Renewal Corporation is a nonprofit organization headquartered at 233 West Market Street, Newark, New Jersey. Their primary mission involves owning and leasing a 180-bed healthcare facility to a related not-for-profit corporation, which is responsible for managing the daily operations of the extended care facility. This arrangement aims to provide essential healthcare services to the community.


Official website here: www.newcommunity.org

Is New Community Urban Renewal Corporation legitimate?

New Community Urban Renewal Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Community Urban Renewal 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


Official website here: www.newcommunity.org

What is the mission statement of New Community Urban Renewal Corporation?

New Community Urban Renewal Corporation's mission is centered around owning and leasing a 180-bed healthcare facility to a related not-for-profit corporation. This corporation is responsible for overseeing the operations of the extended care facility on an ongoing basis. The corporation's role in managing the healthcare facility aims to provide necessary care for its patients. By leasing the facility, New Community Urban Renewal Corporation contributes to the provision of extended care services, ultimately contributing to the health and wellbeing of the community.


Official website here: www.newcommunity.org

Who is the CEO of New Community Urban Renewal Corporation?

Elizabeth Mbakaya is the Cfo/Interim Ceo of New Community Urban Renewal Corporation. The CEO's salary of New Community Urban Renewal Corporation is $0 and their total compensation is $11,759.


Official website here: www.newcommunity.org

What is the revenue of New Community Urban Renewal Corporation?

New Community Urban Renewal Corporation's revenue in 2022 was $997,542.


Official website here: www.newcommunity.org

Who are the executives of New Community Urban Renewal Corporation and what are their salaries?

Here are 16 key members and their salaries (New Community Urban Renewal Corporation's CEO's salary is $0 and their total compensation is $11,759):

    Elizabeth Mbakaya (Cfo/Interim Ceo)
  • Compensation: $0
  • Related: $253,731
  • Other: $0

    • Fred Hunter (Chief Operating Officer)
  • Compensation: $0
  • Related: $172,242
  • Other: $0

    • Winton Tolles (Director Of R/E Development)
  • Compensation: $0
  • Related: $170,000
  • Other: $0

    • Richard Rohrman (Ceo - Former)
  • Compensation: $0
  • Related: $143,907
  • Other: $0

    • Madge Wilson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $55,000
  • Other: $3,720

    • Simone Gagnerone (Chief Executive Officer (12/1))
  • Compensation: $0
  • Related: $11,759
  • Other: $0

    • Diane Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $9,600
  • Other: $0

    • Newton M Richards (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edgar Nemorin (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Zachary Yamba (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Baker (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Migdalia Martinez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fernando Colon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Marchetta (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerome St John (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ingrid Rasmussen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newcommunity.org

    Where can I find the form 990 for New Community Urban Renewal Corporation?

    The New Community Urban Renewal Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newcommunity.org

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

    Mission Statement of New Community Urban Renewal Corporation

    New Community Urban Renewal Corporation, as a mission-driven organization, focuses on owning and leasing a 180-bed healthcare facility to a related not-for-profit corporation. This corporation is responsible for overseeing the day-to-day operations of the extended care facility. The corporation's mission is to ensure the provision of adequate healthcare services to those in need, leveraging the resources and infrastructure provided by New Community Urban Renewal Corporation. This partnership allows the not-for-profit corporation to concentrate on delivering high-quality healthcare services, while New Community Urban Renewal Corporation plays a supporting role in the operational aspects of the facility. By partnering with a dedicated not-for-profit corporation, New Community Urban Renewal Corporation contributes to the betterment of the community by facilitating access to essential healthcare services.

    Impact

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




    Thursday, August 15, 2024

    New Community Urban Renewal Corporation's impact is significant in providing access to quality healthcare services through the ownership and leasing of a 180-bed health care facility in Newark, NJ. By facilitating ongoing operations of the extended care facility through a related not-for-profit corporation, the organization plays a crucial role in addressing the healthcare needs of the community. Their focus on health-related initiatives contributes to improving the well-being and quality of life for individuals in the area.





    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: $625
  • Program Service Revenue: $996,917
  • Gross Receipts: $997,542

    • Assets and Liabilities:
  • Total Assets: $4,789,853
  • Total Liabilities: $4,129,924
  • Net Assets: $659,929
  • Programs

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

    RENTAL INCOME

    Revenue

    $996,917

    Organization Details

    Founding Year

    1983

    Principal Officer

    Elizabeth Mbakaya

    Main Address

    233 West Market St, Newark, NJ, 07103

    NTEE Category

    Code: E910 - Health

    If you are a representative of New Community Urban Renewal 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.