Newbridge Housing I Inc

Organization Overview

Newbridge Housing I Inc is located in Pequannock, NJ. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, 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. Newbridge Housing I Inc 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 06/2022, Newbridge Housing I Inc generated $121.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $148.8k during the year ending 06/2022. While expenses have increased by 11.5% 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

TO PROVIDE HOUSING FACILITIES AND SERVICES UNDER THE U.S. DEPT. OF HOUSING AND URBAN DEVELOPMENT'S SECTION 811 SUPPORTIVE HOUSING FOR PERSONS WITH DISABILITIES PROGRAM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESIDENTIAL SERVICES - TO PROVIDE HOUSING FOR POSTHOSPITALIZED AND HARD-TO-PLACE MENTAL HEALTH PATIENTS AT TWO LOCATIONS IN MORRIS AND PASSAIC COUNTY IN THE STATE OF NEW JERSEY.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Penhale
Treasurer
$0
Marie Episale
Secretary
$0
Anne Wolfe
President
$0
Walter Dudzinski
CFO
$0
Michelle L Borden
CEO
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$76,363
Government grants $34,286
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$110,649
Total Program Service Revenue$8,996
Investment income $58
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 $121,510

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