North Brunswick U A W Housing Corp

Organization Overview

North Brunswick U A W Housing Corp is located in New Brunswick, NJ. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2023, North Brunswick U A W Housing Corp employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North Brunswick U A W Housing Corp 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 09/2023, North Brunswick U A W Housing Corp generated $4.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $5.1m during the year ending 09/2023. While expenses have increased by 9.5% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

NORTH BRUNSWICK UAW'S MISSION IS TO SERVE A PUBLIC PURPOSE AND PROVIDE AND PROMOTE AFFORDABLE HOUSING OPPORTUNITIES TO LOW AND MODERATE INCOME DISABLED OR SENIOR CITIZENS IN NEW JERSEY. SPECIFICALLY, NORTH BRUNSWICK UAW WILL CONTINUE TO OPERATE THE HOUSING COMMUNITY PURSUANT TO A STATE ALLOWING FOR THE INCORPORATION OF NON-PROFIT ENTITIES TO DEVELOP AND OPERATE AFFORDABLE HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NORTH BRUNSWICK UAW PROVIDES AFFORDABLE AND SUBSIDIZED HOUSING TO INDIVIDUALS BASED ON THEIR NEED AND THEIR MEETING CERTAIN SPECIFIED STANDARDS REQUIRED BY EITHER THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT OR THE NJ HOUSING AND MORTGAGE FINANCE AGENCY. NORTH BRUNSWICK UAW LIMITS THE RENTAL OF THE APARTMENTS TO THOSE INDIVIDUALS WHO QUALIFY FOR THE AFFORDABLE HOUSING PROGRAMS THAT THE COMMUNITY IS PART OF THROUGH DEED RESTRICTIONS AND FINANCIAL AGREEMENTS WITH HUD OR HMFA AND THEREFORE SHALL REQUIRE INCOME QUALIFICATIONS FOR THOSE PROGRAMS AS REQUIRED BY FEDERAL AND STATE LAW. GENERALLY SINCE AFFORDABLE HOUSING IS LIMITED TO LOW-INCOME FAMILIES AND INDIVIDUALS, ELIGIBILITY IS BASED UPON THE FOLLOWING CRITERIA: (1) ANNUAL GROSS INCOME; (2) WHETHER A PERSON QUALIFIES AS ELDERLY, A PERSON WITH A DISABILITY, OR AS A FAMILY; AND (3) U.S. CITIZENSHIP OR ELIGIBLE IMMIGRATION STATUS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Board, Officers & Key Employees

Name (title)Compensation
Daniel Antonellis
President
$0
Edmond Gerber
Secretary/treasurer
$0
Mary F Carpenter
Trustee
$0
Thomas C Fricano
Vice President
$0
Michelle Gerber Kass
Vice President
$0
Andrew Gerber
Trustee
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Region Nine Improvements Co Llc
Building Improvements
$306,528
Building Security Services Inc
Security Services
$224,457
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,520,318
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$3,520,318
Total Program Service Revenue$978,384
Investment income $67,161
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 $4,565,863

Peer Organizations

Organization NameAssets
Carmel Hill Fund
New York, NY
$52,940,362
Ronald S Lauder Foundation
New York, NY
$11,404,418
Thomas L Kempner Jr Foundation Inc
Southampton, NY
$4,170,879
Connelly Foundation
West Conshohocken, PA
$27,891,431
John Simon Guggenhein Memorial Foundation
New York, NY
$18,493,825
Samuel I Newhouse Foundation Inc
New York, NY
$16,985,943
Perelman Family Charitable Tr I
Garden City, NY
$9,110,635
Florence Gould Foundation
New York, NY
-$3,240,432
Weill Family Foundation
Albany, NY
$8,335,073
Claude Worthington Benedum Foundation
Pittsburgh, PA
$5,453,349
Grable Foundation
Pittsburgh, PA
$9,531,881
John R Oishei Foundation
Buffalo, NY
$15,989,814
Altman Foundation
New York, NY
$12,171,056
James And Merryl Tisch Foundation Inc
New York, NY
$20,482,479
Van Beuren Charitable Foundation Inc
New York, NY
$19,913,246
The Thompson Family Foundation Inc
New York, NY
$10,525,175
The Selz Foundation
New York, NY
$28,347,823
John And Mary R Markle Foundation
New York, NY
$13,071,766
Henry M Rowan Family Foundation Inc
Rancocas, NJ
$41,696,697
F M Kirby Foundation Inc
Morristown, NJ
$22,400,451
Alice M And Thomas J Tisch Foundation Inc
New York, NY
$21,993,699
Russell Sage Foundation
New York, NY
$12,817,899
Unbound Philanthropy
New York, NY
$7,349,099
Nick Simons Foundation
New York, NY
$12,723,775
Joyce & Irving Goldman Family Foundation Inc
New York, NY
$15,152,105

Create an account to unlock the data you need.

or