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Passaic Affordable Housing Coalition

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

EIN: 271374749 ✦ Passaic, NJ ✦ Designated as a 501(c)(3)

Overview

What is Passaic Affordable Housing Coalition?

Passaic Affordable Housing Coalition is a dedicated nonprofit organization situated in Passaic, New Jersey, at 183 Autumn Street. Their primary mission is to acquire, redevelop, or rehabilitate distressed properties and make them available for purchase or rental to families with moderate or low income. By doing so, they contribute to the city's housing landscape and provide affordable living solutions. The Coalition operates under the supervision of relevant authorities, ensuring their activities adhere to all necessary standards.


Is Passaic Affordable Housing Coalition legitimate?

Passaic Affordable Housing Coalition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passaic Affordable Housing Coalition 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: $250,166

For more financial information, click here


What is the mission statement of Passaic Affordable Housing Coalition?
Who is the CEO of Passaic Affordable Housing Coalition?
What is the revenue of Passaic Affordable Housing Coalition?
Who are the executives of Passaic Affordable Housing Coalition and what are their salaries?
Where can I find the form 990 for Passaic Affordable Housing Coalition?

Mission Statement of Passaic Affordable Housing Coalition

The Passaic Affordable Housing Coalition is an organization dedicated to acquiring distressed properties, redeveloping or rehabilitating them, and subsequently selling or renting them to low or moderate-income families. Their mission is to contribute positively to the community by providing affordable housing solutions, thereby making a significant impact on the lives of those in need. By operating these properties, the Coalition offers homes to families who may otherwise struggle to afford housing, thereby promoting social stability and fostering a sense of community.

Impact

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




Wednesday, July 24, 2024

Passaic Affordable Housing Coalition's impact lies in its operation of distressed properties for low to moderate-income families in Passaic, NJ. The organization acquires these properties, redevelops or rehabilitates them, and then sells or rents them to families in need. Through these efforts, the Passaic Affordable Housing Coalition directly addresses the pressing issue of affordable housing in the city, providing opportunities for those who might otherwise struggle to find 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: $85
  • Program Service Revenue: $233,980
  • Gross Receipts: $543,036

    • Assets and Liabilities:
  • Total Assets: $1,595,139
  • Total Liabilities: $742,109
  • Net Assets: $853,030
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $150,000

    RENTAL INCOME

    Revenue

    $83,980

    Organization Details

    Founding Year

    2008

    Principal Officer

    Vincent Wynter

    Main Address

    183 AUTUMN STREET, PASSAIC, NJ, 07055

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Passaic Affordable Housing Coalition 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.