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Oak Woods Inc

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

EIN: 223496040 ✦ Monmouth junction, NJ ✦ Designated as a 501(c)(3)

Overview

What is Oak Woods Inc?

Oak Woods Inc is a nonprofit organization located in Monmouth Junction, New Jersey. Its primary mission is to provide safe and comfortable housing for income-eligible seniors, operating a Section 202 HUD-financed multifamily housing project consisting of 74 units. This project aims to create a caring community environment for its elderly residents.


Official website here: www.southbrunswickseniorhousing.org

Is Oak Woods Inc legitimate?

Oak Woods Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oak Woods 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: $67,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $258,975

For more financial information, click here


Official website here: www.southbrunswickseniorhousing.org

What is the mission statement of Oak Woods Inc?

Oak Woods Inc, as an organization, is dedicated to providing a safe and comfortable living environment for income-eligible senior citizens. They operate a Section 202 HUD-financed multifamily housing project, housing 74 units specifically designed for the elderly. The mission of Oak Woods Inc is centered around creating a caring community where senior residents can call home.


Official website here: www.southbrunswickseniorhousing.org

Who is the CEO of Oak Woods Inc?

Walter Runyon is the Treasurer of Oak Woods Inc.


Official website here: www.southbrunswickseniorhousing.org

What is the revenue of Oak Woods Inc?

Oak Woods Inc's revenue in 2022 was $1,205,602.


Official website here: www.southbrunswickseniorhousing.org

Who are the executives of Oak Woods Inc and what are their salaries?

Here are 11 key members and their salaries:

    Karen Scalera (Executive Director)
  • Compensation: $0
  • Related: $134,498
  • Other: $5,482

    • Walter Runyon (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Kane (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martha Asinobi (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eileen Jansson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jessie Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kamal Najjar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Luck (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Wesalo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vandana Aiyar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Buzby Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.southbrunswickseniorhousing.org

    Where can I find the form 990 for Oak Woods Inc?

    The Oak Woods Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.southbrunswickseniorhousing.org

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

    Mission Statement of Oak Woods Inc

    Oak Woods Inc, a nonprofit organization, is dedicated to providing a safe and comfortable living environment for income-eligible seniors. Their mission is to operate a Section 202 HUD-financed multifamily housing project, which comprises 74 units, specifically designed for the elderly. By doing so, Oak Woods Inc strives to create a caring community where elderlies can reside securely and comfortably.

    Impact

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




    Thursday, August 15, 2024

    Oak Woods Inc's impact is providing safe and comfortable housing for income-eligible seniors in a caring community environment. Through its ownership and operation of a Section 202 HUD-financed multifamily housing project for the elderly consisting of 74 units, Oak Woods Inc contributes to fulfilling the housing needs of this vulnerable demographic in Monmouth Junction, NJ. Its mission to offer a supportive living space for seniors underscores its commitment to enhancing the quality of life for the elderly population.





    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: $1,059
  • Program Service Revenue: $822,438
  • Gross Receipts: $1,205,602

    • Assets and Liabilities:
  • Total Assets: $4,916,847
  • Total Liabilities: $83,061
  • Net Assets: $4,833,786
  • Programs

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

    HUD RENTAL ASSISTANCE

    Revenue

    $530,175

    TENANT RENT

    Revenue

    $269,389

    COMMERCIAL RENT

    Revenue

    $10,200

    SUPER RENT FREE UNIT

    Revenue

    $8,556

    LAUNDRY REVENUE

    Revenue

    $4,118

    Organization Details

    Founding Year

    1997

    Principal Officer

    Walter Runyon

    Main Address

    700 WOODS LANE, MONMOUTH JUNCTION, NJ, 08852

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Oak Woods 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.