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Abiding Peace Senior Housing Corporation

Mount Olive Manor I & Ii

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

EIN: 222886002 ✦ Burlington, NJ ✦ Designated as a 501(c)(3)

Overview

What is Abiding Peace Senior Housing Corporation?

Abiding Peace Senior Housing Corporation, doing business as Mount Olive Manor I & II, is a nonprofit organization situated in Mount Olive, New Jersey. This faith-based entity provides affordable housing for seniors aged 62 and above, operating under Section 202 of the National Housing Act. The organization's 111-unit residential facility is regulated by the U.S. Department of Housing and Urban Development to ensure appropriate rental charges, operating expenses, and methods. With a mission rooted in Christian values and love, Lutheran Social Ministries of New Jersey serves a wider population, including vulnerable individuals and those with limited options, through various healthcare and social services in New Jersey. The organization employs a team of four dedicated individuals.


Official website here: www.lsmnj.org

Is Abiding Peace Senior Housing Corporation legitimate?

Abiding Peace Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Abiding Peace Senior 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: $178,091

For more financial information, click here


Official website here: www.lsmnj.org

What is the mission statement of Abiding Peace Senior Housing Corporation?

Abiding Peace Senior Housing Corporation, as a faith-based organization, serves the elderly population aged 62 and above by providing housing. In line with the power of the Holy Spirit and God's love, Lutheran Social Ministries of NJ's mission is to assist individuals who are in need, hurt, or have limited choices. This is achieved through various health care and social services in New Jersey. Abiding Peace Senior Housing Corporation, operating under Section 202 of the National Housing Act, provides affordable housing for qualified elderly residents, with its operations overseen by the U.S. Department of Housing and Urban Development in terms of rental charges, expenses, and methods.


Official website here: www.lsmnj.org

Who is the CEO of Abiding Peace Senior Housing Corporation?

Colleen P Frankenfield is the President & Ceo of Abiding Peace Senior Housing Corporation. The CEO's salary of Abiding Peace Senior Housing Corporation is $0 and their total compensation is $863,782.


Official website here: www.lsmnj.org

What is the revenue of Abiding Peace Senior Housing Corporation?

Abiding Peace Senior Housing Corporation's revenue in 2022 was $1,140,832.


Official website here: www.lsmnj.org

Who are the executives of Abiding Peace Senior Housing Corporation and what are their salaries?

The average compensation at Abiding Peace Senior Housing Corporation during 2022 was $44,523. There are 4 employees and 11 volunteers at Abiding Peace Senior Housing Corporation.

Here are 13 key members and their salaries (Abiding Peace Senior Housing Corporation's CEO's salary is $0 and their total compensation is $863,782):

    Colleen P Frankenfield (President & Ceo)
  • Compensation: $0
  • Related: $813,105
  • Other: $50,677

    • Jeannine Richman (Sr. Vice President & Cfo)
  • Compensation: $0
  • Related: $288,329
  • Other: $23,200

    • Brad Hildebrandt (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenneth Van Dongen (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward P Noble (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juhan Runne (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Tracie Bartholomew (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Stephen Gewecke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rafael Haciski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Holmes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Larry Schumann (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Terry Shine (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Anthony Steinbronn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lsmnj.org

    Where can I find the form 990 for Abiding Peace Senior Housing Corporation?

    The Abiding Peace Senior Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lsmnj.org

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

    Mission Statement of Abiding Peace Senior Housing Corporation

    Abiding Peace Senior Housing Corporation, a faith-based organization, is dedicated to providing housing for individuals who have reached the age of 62. This non-profit corporation operates under the guiding principles of the Holy Spirit and in response to God's love as revealed in the Gospel. In keeping with Lutheran Social Ministries of New Jersey's mission, Abiding Peace Senior Housing Corporation serves those who are in need or have limited choices, extending their compassionate care through an array of health care and social services.

    In line with its mission, Abiding Peace Senior Housing Corporation operates a residential facility, Mount Olive Manor and Mount Olive Manor II, which houses 111 eligible elderly residents. This organization operates under Section 202 of the National Housing Act, ensuring affordable housing for those in need. The U.S. Department of Housing and Urban Development regulates the project's rental charges, operating expenses, and operating methods, ensuring that Abiding Peace Senior Housing Corporation continues to uphold its commitment to providing affordable housing for its residents.

    Impact

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




    Thursday, August 15, 2024

    Abiding Peace Senior Housing Corporation provides much-needed affordable housing for elderly individuals who are at least 62 years old. By offering a safe and supportive community environment, this organization helps seniors who may be financially struggling to find a place they can call home. This housing initiative not only meets a basic need for shelter but also fosters a sense of community and belonging for its residents. By ensuring that elderly individuals have access to affordable housing, Abiding Peace Senior Housing Corporation directly contributes to improving their quality of life and overall well-being.





    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: $110
  • Program Service Revenue: $1,079,175
  • Gross Receipts: $1,140,832

    • Assets and Liabilities:
  • Total Assets: $7,685,309
  • Total Liabilities: $807,488
  • Net Assets: $6,877,821
  • Programs

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

    RENTAL REVENUE

    Revenue

    $1,079,175

    Organization Details

    Founding Year

    1984

    Principal Officer

    Colleen P Frankenfield

    Main Address

    3 MANHATTAN DRIVE, BURLINGTON, NJ, 08016

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Abiding Peace Senior 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.