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Monarch Housing Associates Inc

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

EIN: 223094991 ✦ Cranford, NJ ✦ Designated as a 501(c)(3)

Overview

What is Monarch Housing Associates Inc?

Monarch Housing Associates Inc, located at 226 North Avenue West, Cranford, New Jersey, is a dedicated nonprofit organization with a mission to eradicate homelessness in the state. They accomplish this by focusing on planning, developing, and advocating for affordable and mixed-income housing for various populations, including seniors, families, and individuals with special needs. Their expertise, spanning over three decades, has made them a leading housing consulting team in New Jersey. In an impressive display of commitment, Monarch recently hosted a successful conference, attracting over 300 attendees for the Housing as a Human Right event. With a team of 16 dedicated individuals, Monarch Housing Associates Inc continues to work tirelessly towards ensuring everyone has access to quality, affordable, and permanent housing that fosters independence and personal growth.


Official website here: www.monarchhousing.org

Is Monarch Housing Associates Inc legitimate?

Monarch Housing Associates Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monarch Housing Associates 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: $119,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $658,966

For more financial information, click here


Official website here: www.monarchhousing.org

What is the mission statement of Monarch Housing Associates Inc?

Monarch Housing Associates Inc is committed to providing quality, affordable, and permanent housing that promotes freedom and independence for all. Their mission extends beyond just housing, aiming to expand the supply, accessibility, and variety of such housing through development, planning, advocacy, and partnerships. Additionally, the Homeless Planning Team, a part of Monarch Housing Associates Inc, strives to end homelessness in New Jersey by implementing strategic planning and creating housing opportunities for various demographics. The organization's Housing Development Team, with decades of experience, assists clients in developing affordable and mixed-income rental housing for various populations, including seniors, families, and individuals with special needs.


Official website here: www.monarchhousing.org

Who is the CEO of Monarch Housing Associates Inc?

Taiisa Kelly is the Chairperson of Monarch Housing Associates Inc. The CEO's salary of Monarch Housing Associates Inc is $137,013 and their total compensation is $137,013.


Official website here: www.monarchhousing.org

What is the revenue of Monarch Housing Associates Inc?

Monarch Housing Associates Inc's revenue in 2022 was $1,532,792.


Official website here: www.monarchhousing.org

Who are the executives of Monarch Housing Associates Inc and what are their salaries?

The average compensation at Monarch Housing Associates Inc during 2022 was $48,673. There are 16 employees at Monarch Housing Associates Inc.

Here are 11 key members and their salaries (Monarch Housing Associates Inc's CEO's salary is $137,013 and their total compensation is $137,013):

    Taiisa Kelly (Ceo)
  • Compensation: $137,013
  • Related: $0
  • Other: $0

    • Robert J Kley (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laverne Williams (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Floyd J Slaten (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Rodgers (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryanne Guenther (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Cockey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harry Coe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hasan Pride (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marcus Randolph (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Zakiyyah Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.monarchhousing.org

    Where can I find the form 990 for Monarch Housing Associates Inc?

    The Monarch Housing Associates Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.monarchhousing.org

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

    Mission Statement of Monarch Housing Associates Inc

    Monarch Housing Associates Inc, as a nonprofit organization, is committed to ensuring that every individual has access to quality, affordable, and permanent housing. This mission is underpinned by the desire to foster freedom and independence for these individuals. The organization goes beyond just providing housing; it aims to expand the supply, accessibility, and variety of such housing options. Monarch Housing Associates Inc achieves this through various means, including development, planning, advocacy, and strategic partnerships.

    In addition to its housing mission, Monarch Housing Associates Inc also houses the Homeless Planning Team (HPT). This team's mission is to contribute to the elimination of homelessness in New Jersey by employing strategic planning and creating housing opportunities for all segments of the population. The Housing Development Team, a division of Monarch Housing Associates Inc, is a renowned entity with over three decades of experience in the field. It specializes in developing affordable and mixed-income rental housing for various demographics, including seniors, families, and individuals with special needs.

    Impact

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




    Thursday, August 15, 2024

    Monarch Housing Associates Inc is dedicated to ensuring that every person has access to quality, affordable, and permanent housing that fosters freedom and independence. Their impact can be seen in the expansion of the supply, accessibility, and variety of affordable permanent, supportive housing through development, planning, advocacy, and partnerships.

    One notable achievement of Monarch Housing Associates Inc was the successful conference they held, with over 300 people registering for the Housing as a Human Right event. Their work in Cranford, NJ, and the broader state of New Jersey through the Homeless Planning Team (HPT) and the Housing Development Team has helped to end homelessness and create housing opportunities for all. With 30 years of experience, the Housing Development Team is a premier, state-wide housing consulting team that focuses on developing affordable and mixed-income rental housing for seniors, families, and persons with special needs.

    In summary, Monarch Housing Associates Inc's impact is significant in addressing housing challenges and ensuring that individuals have access to safe and affordable housing options. Their dedication to advocacy, planning, and partnerships has made a positive difference in communities and the lives of those in need.





    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: $24,417
  • Program Service Revenue: $1,300,174
  • Gross Receipts: $1,532,792

    • Assets and Liabilities:
  • Total Assets: $1,691,205
  • Total Liabilities: $785,056
  • Net Assets: $906,149
  • Programs

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

    CONSULTING

    Revenue

    $1,300,174

    Organization Details

    Founding Year

    1990

    Principal Officer

    Taiisa Kelly

    Main Address

    226 NORTH AVENUE WEST, CRANFORD, NJ, 07016

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Monarch Housing Associates 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.