Overview
What is Penwal Affordable Housing Corporation?
Penwal Affordable Housing Corporation is a nonprofit organization based in Ridgewood, New Jersey, with an address at 240 Paramus Road, 07450. Its primary mission is to implement and develop affordable housing projects in various locations across New Jersey, including Dumont, Garfield, Jersey City, Paramus, and Dover. The corporation's work focuses on the financing and monitoring of qualified low-income housing projects, ensuring that affordable housing options become available for those in need. By implementing these projects, Penwal Affordable Housing Corporation contributes to the betterment of local communities and promotes social equality in housing.
Is Penwal Affordable Housing Corporation legitimate?
Penwal Affordable Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Penwal Affordable 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: $0
For more financial information, click here
What is the mission statement of Penwal Affordable Housing Corporation?
Penwal Affordable Housing Corporation's primary mission involves financing and overseeing qualified low-income housing projects. This mission is aimed at providing affordable housing solutions for individuals with limited income. The corporation implements and develops such projects in various locations, as indicated in the provided data, which include Dumont, Garfield, Jersey City, Paramus, and Dover, New Jersey. By financing and monitoring these projects, Penwal Affordable Housing Corporation plays a crucial role in ensuring that low-income individuals have access to decent and affordable housing.
Who is the CEO of Penwal Affordable Housing Corporation?
Laury Pensa is the Trustee of Penwal Affordable Housing Corporation.
What is the revenue of Penwal Affordable Housing Corporation?
Penwal Affordable Housing Corporation's revenue in 2022 was $963,998.
Who are the executives of Penwal Affordable Housing Corporation and what are their salaries?
- William Colthart (Trustee)
- Laury Pensa (Manager) [Trustee/Director]
- James Walsh (Trustee)
Where can I find the form 990 for Penwal Affordable Housing Corporation?
The Penwal Affordable Housing Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Penwal Affordable Housing Corporation
Penwal Affordable Housing Corporation is committed to financing and monitoring qualified low-income housing projects. This mission is central to their activities, ensuring that they provide essential housing solutions for individuals with limited financial means. By implementing and developing low-income housing projects in Dumont, Garfield, Jersey City, Paramus, and Dover, New Jersey, Penwal Affordable Housing Corporation plays a crucial role in addressing the housing needs of the community. Their efforts contribute to creating sustainable living environments for those who require affordable housing solutions, thereby contributing to the overall well-being of the community.
Impact
This information is meant to be a general summary of Penwal Affordable Housing Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Penwal Affordable Housing Corporation has made a significant impact by implementing and developing low-income housing projects in various cities in New Jersey. Through its financing and monitoring of qualified low-income housing projects in Dumont, Garfield, Jersey City, Paramus, and Dover, Penwal has been instrumental in providing affordable housing opportunities for individuals and families in need. These efforts have helped to address the pressing issue of housing affordability in the region, contributing to the overall well-being and stability of communities.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1991
Phone
(201) 836-4500
Principal Officer
Laury Pensa
Main Address
240 PARAMUS ROAD, RIDGEWOOD, NJ, 074502913
NTEE Category
Code: L210 - Housing
If you are a representative of Penwal Affordable 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.