Mt Carmel Gardens Inc C/O Crm Inc

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

EIN: 232037803 ✦ Pleasantville, NJ ✦ Designated as a 501(c)(3)

Overview

What is Mt Carmel Gardens Inc C/O Crm Inc?

Mt Carmel Gardens Inc C/O Crm Inc is a nonprofit organization situated in Pleasville, New Jersey. Their primary mission is to provide affordable housing to low-income families. They receive financial assistance in the form of an interest subsidy from the HUD under Section 236 of the National Housing Act. This subsidy allows them to rent apartments at reduced costs, thereby serving a vital need in the community. The organization's activities are centered around housing assistance, aiming to make housing more accessible for families in need.


Is Mt Carmel Gardens Inc C/O Crm Inc legitimate?

Mt Carmel Gardens Inc C/O Crm Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Carmel Gardens Inc C/O Crm 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,662

For more financial information, click here


What is the mission statement of Mt Carmel Gardens Inc C/O Crm Inc?
Who is the CEO of Mt Carmel Gardens Inc C/O Crm Inc?
What is the revenue of Mt Carmel Gardens Inc C/O Crm Inc?
Who are the executives of Mt Carmel Gardens Inc C/O Crm Inc and what are their salaries?
Where can I find the form 990 for Mt Carmel Gardens Inc C/O Crm Inc?

Mission Statement of Mt Carmel Gardens Inc C/O Crm Inc

Mt Carmel Gardens Inc C/O Crm Inc, as a nonprofit organization, is dedicated to providing affordable housing solutions for low-income families. This is achieved through a financial aid mechanism, with the organization receiving an interest subsidy from the HUD under Section 236 of the National Housing Act. This subsidy allows Mt Carmel Gardens Inc C/O Crm Inc to offer reasonably priced apartments, making home ownership an attainable goal for families who might otherwise struggle with high housing costs. By providing affordable housing, the organization is contributing significantly to the well-being and stability of these families, enabling them to focus on other essential aspects of their lives.

Impact

This information is meant to be a general summary of Mt Carmel Gardens Inc C/O Crm Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Mt Carmel Gardens Inc C/O Crm Inc's impact lies in its provision of affordable housing for low-income families in Pleasantville, NJ. By renting apartments to individuals and families who may not have otherwise been able to afford decent housing, this organization helps alleviate the financial burden and housing insecurities faced by many in the community. Additionally, through receiving an interest subsidy from HUD under Section 236 of the National Housing Act, Mt Carmel Gardens Inc C/O Crm Inc ensures that these families have access to stable and affordable housing options. Overall, the organization's work contributes to addressing the critical issue of housing affordability and helps improve the quality of life for low-income individuals and families in Pleasantville.





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: $69
  • Program Service Revenue: $698,563
  • Gross Receipts: $726,777

    • Assets and Liabilities:
  • Total Assets: $824,232
  • Total Liabilities: $112,369
  • Net Assets: $711,863
  • Programs

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

    RENTAL INCOME

    Revenue

    $698,563

    Organization Details

    Founding Year

    1974

    Principal Officer

    Reverend Dr Donald D Moo

    Main Address

    36 SOUTH MAIN STREET, PLEASANTVILLE, NJ, 08232

    NTEE Category

    Code: L21 - Housing

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