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Older American Housing In Spotswood Inc

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

EIN: 521809800 ✦ Spotswood, NJ ✦ Designated as a 501(c)(3)

Overview

What is Older American Housing In Spotswood Inc?

Older American Housing In Spotswood Inc, located at 250 Crescent Ave, Spotswood, NJ 08884, is a nonprofit organization dedicated to providing affordable housing for low-income eligible seniors. In accordance with their HUD contract (031-EE009), they offer low-rental housing units to meet the housing needs of this specific demographic. The organization, with a team of 15 employees, is committed to ensuring compliance with this contract and prioritizing the well-being of the senior community in Spotswood.


Is Older American Housing In Spotswood Inc legitimate?

Older American Housing In Spotswood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Older American Housing In Spotswood 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: $88,242
Professional Fundraising Fees: $0
Other Salaries and Wages: $294,523

For more financial information, click here


What is the mission statement of Older American Housing In Spotswood Inc?
Who is the CEO of Older American Housing In Spotswood Inc?
What is the revenue of Older American Housing In Spotswood Inc?
Who are the executives of Older American Housing In Spotswood Inc and what are their salaries?
Where can I find the form 990 for Older American Housing In Spotswood Inc?

Mission Statement of Older American Housing In Spotswood Inc

Older American Housing In Spotswood Inc, as a nonprofit organization, is committed to providing affordable housing solutions for low-income eligible senior citizens. In line with their contract with HUD, specifically HUD Contract 031-EE009, they offer low-rental housing options. This mission is crucial in ensuring that elderly individuals, who often have limited income, can still have access to decent and safe living spaces. By adhering to the guidelines set by HUD, Older American Housing In Spotswood Inc ensures compliance and provides a stable living environment for the seniors it serves.

Impact

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




Saturday, July 20, 2024

Older American Housing In Spotswood Inc's impact is significant, as it provides low-rental housing for low-income eligible seniors in compliance with HUD Contract 031-EE009. This organization plays a crucial role in addressing the housing needs of seniors in Spotswood, NJ, ensuring that they have access to safe and affordable housing options. By offering low-rental housing, Older American Housing In Spotswood Inc supports the well-being and quality of life of seniors, helping them maintain stable living conditions despite financial challenges. This service aligns with their mission to provide essential housing support to seniors in need, ultimately contributing to the community's overall welfare.





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: $6,895
  • Program Service Revenue: $1,546,168
  • Gross Receipts: $1,595,059

    • Assets and Liabilities:
  • Total Assets: $3,376,332
  • Total Liabilities: $130,058
  • Net Assets: $3,246,274
  • Programs

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

    HUD-RENTAL ASSISTANCE

    Revenue

    $852,008

    CONGREGATE SERVICES

    Revenue

    $393,578

    TENANT RENTS

    Revenue

    $298,482

    LAUNDRY REVENUE

    Revenue

    $2,100

    Organization Details

    Founding Year

    1995

    Principal Officer

    Ken Van Wageninge

    Main Address

    250 CRESCENT AVE, SPOTSWOOD, NJ, 08884

    NTEE Category

    Code: L22Z - Housing

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