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Covenant Housing Corporation

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

EIN: 223340968 ✦ Neptune, NJ ✦ Designated as a 501(c)(3)

Overview

What is Covenant Housing Corporation?

Covenant Housing Corporation is a nonprofit organization situated in Neptune, New Jersey. The corporation houses 57 apartments, primarily for senior and handicapped individuals, which were financed through the HUD. With an average occupancy rate of 99%, the organization demonstrates a significant commitment to providing suitable living spaces. The organization's mission, as described, is dedicated to compassionately serving the community, enabling individuals to pursue fulfilling lives. With a staff of six employees, Covenant Housing Corporation plays an essential role in supporting the needs of its residents.


Official website here: www.umcommunities.org

Is Covenant Housing Corporation legitimate?

Covenant Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Covenant 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: $269,963

For more financial information, click here


Official website here: www.umcommunities.org

What is the mission statement of Covenant Housing Corporation?

The mission of Covenant Housing Corporation, as stated, is centered around compassionately serving the community. This mission aims to ensure that all individuals, particularly seniors and those with disabilities, are given the freedom to pursue a fulfilling life. The corporation operates 57 apartments, funded through HUD, and maintains an average occupancy rate of 99%.


Official website here: www.umcommunities.org

Who is the CEO of Covenant Housing Corporation?

Lawrence D Carlson is the Secretary of Covenant Housing Corporation.


Official website here: www.umcommunities.org

What is the revenue of Covenant Housing Corporation?

Covenant Housing Corporation's revenue in 2022 was $947,363.


Official website here: www.umcommunities.org

Who are the executives of Covenant Housing Corporation and what are their salaries?

The average compensation at Covenant Housing Corporation during 2022 was $44,994. There are 6 employees and 35 volunteers at Covenant Housing Corporation.

Here are 6 key members and their salaries:

    Lawrence D Carlson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $449,305
  • Other: $0

    • Rev Edward Carll (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jana Purkis-Brash (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gavin Stobie (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lawrence E Johnson Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alicia Grey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.umcommunities.org

    Where can I find the form 990 for Covenant Housing Corporation?

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


    Official website here: www.umcommunities.org

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

    Mission Statement of Covenant Housing Corporation

    Covenant Housing Corporation, a nonprofit organization, is dedicated to compassionately serving the community. Their mission is to create an environment where all individuals, particularly seniors and those with disabilities, are empowered to pursue a life of abundance. By offering 57 apartments financed through HUD, the corporation ensures that a significant number of eligible individuals have access to secure and comfortable housing, maintaining an average occupancy rate of 99%. The corporation's actions reflect their commitment to enhancing the quality of life for its residents, offering them the freedom to choose their own path towards prosperity.

    Impact

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




    Thursday, August 15, 2024

    Covenant Housing Corporation provides a vital service in Neptune, New Jersey by offering 57 apartments for senior and handicapped individuals. Their compassionate approach to affordable housing ensures that all residents have the opportunity to live abundantly. With an average occupancy rate of 99%, Covenant Housing Corporation is making a tangible impact in the community by providing safe and accessible housing for 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: $86
  • Program Service Revenue: $932,155
  • Gross Receipts: $947,363

    • Assets and Liabilities:
  • Total Assets: $2,932,500
  • Total Liabilities: $5,406,093
  • Net Assets: -$2,473,593
  • Programs

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

    Fees & contracts gov agen

    Revenue

    $681,461

    Other Revenue

    Revenue

    $2,051

    Rent from Residents

    Revenue

    $248,643

    Organization Details

    Founding Year

    1994

    Principal Officer

    Lawrence D Carlson

    Main Address

    3311 State Route 33, Neptune, NJ, 07753

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Covenant 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.