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Oyster Bay Urban Renewal Inc

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

EIN: 237242529 ✦ Keyport, NJ ✦ Designated as a 501(c)(3)

Overview

What is Oyster Bay Urban Renewal Inc?

Oyster Bay Urban Renewal Inc is a nonprofit organization situated at 50 Beers Street, Keyport, New Jersey 07735. Its primary mission is to provide affordable housing options for senior citizens with low incomes. Established with this purpose in mind, the organization has dedicated its efforts towards fulfilling this need in the community. The team at Oyster Bay Urban Renewal Inc comprises seven individuals, all working towards this commendable goal.


Is Oyster Bay Urban Renewal Inc legitimate?

Oyster Bay Urban Renewal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oyster Bay Urban Renewal 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: $525,613

For more financial information, click here


What is the mission statement of Oyster Bay Urban Renewal Inc?
Who is the CEO of Oyster Bay Urban Renewal Inc?
What is the revenue of Oyster Bay Urban Renewal Inc?
Who are the executives of Oyster Bay Urban Renewal Inc and what are their salaries?
Where can I find the form 990 for Oyster Bay Urban Renewal Inc?

Mission Statement of Oyster Bay Urban Renewal Inc

Oyster Bay Urban Renewal Inc, a nonprofit organization, was established with a mission to provide affordable senior housing for low-income senior citizens. The goal of this organization is to help alleviate the housing challenges faced by elderly individuals with limited financial means. By offering affordable residential units, Oyster Bay Urban Renewal Inc aims to ensure that senior citizens can maintain a dignified living standard, free from the burden of exorbitant housing costs. The organization's mission is an essential contribution to the community, ensuring that senior citizens can age with dignity and independence, without worrying about housing affordability.

Impact

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




Thursday, August 15, 2024

Oyster Bay Urban Renewal Inc's impact is significant as it provides affordable senior housing for low-income senior citizens in Keyport, NJ. Through its mission to offer affordable housing options for this demographic, the organization plays a crucial role in addressing the housing needs of the elderly population in the community. By fulfilling this mission, Oyster Bay Urban Renewal Inc positively impacts the lives of senior citizens by providing them with a safe and affordable place to live, enhancing their quality of life, and ensuring they have access to suitable housing options.





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: $-1,772
  • Program Service Revenue: $22,800
  • Gross Receipts: $3,882,737

    • Assets and Liabilities:
  • Total Assets: $23,250,569
  • Total Liabilities: $15,700,736
  • Net Assets: $7,549,833
  • Programs

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

    ANTENNA RENTAL

    Revenue

    $22,800

    Organization Details

    Founding Year

    1972

    Principal Officer

    Joseph Carey

    Main Address

    50 BEERS STREET, KEYPORT, NJ, 07735

    NTEE Category

    Code: L21 - Housing

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