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Hqm Properties Inc

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

EIN: 521743801 ✦ Denville, NJ ✦ Designated as a 501(c)(3)

Overview

What is Hqm Properties Inc?

Hqm Properties Inc, located within the Borough of Madison, serves as a housing authority with a mission to offer affordable living solutions for its low and moderate-income residents. Their primary objective is to facilitate the development, rental, and promotion of affordable housing. This nonprofit organization strives to ensure that the housing they provide is decent, safe, and sanitary, thereby contributing positively to the community.


Is Hqm Properties Inc legitimate?

Hqm Properties Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hqm Properties 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: $61,327

For more financial information, click here


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

Mission Statement of Hqm Properties Inc

Hqm Properties Inc, in its mission, strives to promote affordable housing, rental, and development. This nonprofit organization's primary goal is to provide decent, safe, and sanitary living conditions for low and moderate-income residents. By focusing on affordable housing, Hqm Properties Inc aims to contribute to the well-being of its community, ensuring that everyone has access to a suitable place to live.

Impact

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




Saturday, July 20, 2024

Hqm Properties Inc's impact lies in its mission to provide decent, safe, and sanitary housing for low and moderate-income residents of the Borough of Madison in Denville, NJ. By promoting affordable housing, rental, and development, Hqm Properties Inc plays a vital role in ensuring that individuals and families have access to housing that meets their needs and improves their quality of life. Through their efforts, they contribute to creating a more inclusive and sustainable community where all residents have a place to call home.





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: $298
  • Program Service Revenue: $1,039,810
  • Gross Receipts: $1,295,414

    • Assets and Liabilities:
  • Total Assets: $6,999,919
  • Total Liabilities: $3,336,608
  • Net Assets: $3,663,311
  • Programs

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

    RENTAL INCOME

    Revenue

    $423,006

    HAP INCOME

    Revenue

    $462,467

    GARAGE RENTAL INCOME

    Revenue

    $7,000

    RAD ADMINISTRATIVE FEE

    Revenue

    $147,337

    Organization Details

    Founding Year

    1992

    Principal Officer

    Louis Ric

    Main Address

    455 Diamond Spring Road, Denville, NJ, 07834

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Hqm Properties 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.