Mongil Corporation

Organization Overview

Mongil Corporation is located in Linden, NJ. The organization was established in 2006. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mongil Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2022, Mongil Corporation generated $870.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $1.3m during the year ending 09/2022. While expenses have increased by 0.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION OPERATES A 78 UNIT SENIOR CITIZENS / DISABLED HOUSING COMPLEX. IN ADDITION, IT PROVIDES SOCIAL, EDUCATIONAL, AND CULTURAL ACTIVITIES TO ITS RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATED A 78 UNIT SENIOR CITIZENS / DISABLED HOUSING COMPLEX AND PROVIDED SOCIAL, EDUCATIONAL, AND CULTURAL ACTIVITIES TO ITS RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Infante
President
$0
Richard Cardozo
Trustee
$0
Fred J Hayeck
Trustee
$0
Shirley Ruse
Vice Chair
$0
Maritza Sokolosky
Trustee
$0
Missouri Vaughn
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $497,333
All other contributions, gifts, grants, and similar amounts not included above$100,000
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$597,333
Total Program Service Revenue$269,425
Investment income $542
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $870,924

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Mongil Corporation has recieved totaling $500.

Awarding OrganizationAmount
Capodagli Charitable Foundation A Nj Nonprofit Corporation

Linden, NJ

PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.

$250
Capodagli Charitable Foundation A Nj Nonprofit Corporation

Linden, NJ

PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE.

$250
View Grant Recipient Profile

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