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Holy Rosary Senior Residence C/O Domus Corp

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

EIN: 223653757 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Holy Rosary Senior Residence C/O Domus Corp?

Holy Rosary Senior Residence, managed by Domus Corp, is a nonprofit organization situated in Newark, New Jersey. The organization operates a 60-unit housing project, funded by the U.S. Department of Housing and Urban Development (HUD), specifically designed for elderly individuals with limited income. The primary mission of Holy Rosary Senior Residence is to provide suitable housing for this specific group of senior citizens, ensuring they live in a secure and comfortable environment. The organization currently employs a team of four dedicated individuals to oversee and manage the project's operations.


Is Holy Rosary Senior Residence C/O Domus Corp legitimate?

Holy Rosary Senior Residence C/O Domus Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Holy Rosary Senior Residence C/O Domus Corp 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: $113,212

For more financial information, click here


What is the mission statement of Holy Rosary Senior Residence C/O Domus Corp?
Who is the CEO of Holy Rosary Senior Residence C/O Domus Corp?
What is the revenue of Holy Rosary Senior Residence C/O Domus Corp?
Who are the executives of Holy Rosary Senior Residence C/O Domus Corp and what are their salaries?
Where can I find the form 990 for Holy Rosary Senior Residence C/O Domus Corp?

Mission Statement of Holy Rosary Senior Residence C/O Domus Corp

Holy Rosary Senior Residence C/O Domus Corp is dedicated to providing housing for low-income senior citizens. This nonprofit organization manages a 60-unit HUD housing project, offering a home to elderly tenants who fall under this income category. By providing affordable housing, Holy Rosary Senior Residence C/O Domus Corp contributes significantly to the well-being of senior citizens, ensuring they have a safe and comfortable living environment. The organization's mission is essential in addressing the housing needs of this vulnerable population, enabling them to live with dignity and independence.

Impact

This information is meant to be a general summary of Holy Rosary Senior Residence C/O Domus Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Holy Rosary Senior Residence, operated by Domus Corp, plays a vital role in providing affordable housing for low-income senior citizens in Newark, NJ. Through its 60-unit HUD housing project, the organization offers a safe and secure living environment for elderly tenants with limited financial resources. By fulfilling its mission of providing housing for low-income seniors, Holy Rosary Senior Residence C/O Domus Corp helps ensure that this vulnerable population has access to quality housing options that meet their needs. Overall, the impact of this initiative is significant in addressing the housing challenges faced by low-income senior citizens in the community, promoting their well-being and security.





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: $184
  • Program Service Revenue: $656,629
  • Gross Receipts: $658,082

    • Assets and Liabilities:
  • Total Assets: $3,522,389
  • Total Liabilities: $181,105
  • Net Assets: $3,341,284
  • Programs

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

    TENANT PORTION OF RENT

    Revenue

    $450,142

    TENANT ASSISTANCE - HU

    Revenue

    $204,997

    LAUNDRY REVENUE

    Revenue

    $1,058

    TENANT CHARGES

    Revenue

    $432

    Organization Details

    Founding Year

    2002

    Principal Officer

    John Westervelt

    Main Address

    590 N 7TH STREET, NEWARK, NJ, 07107

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Holy Rosary Senior Residence C/O Domus Corp 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.