Morrow Housing Corporation is located in Trenton, NJ. The organization was established in 1982. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Morrow Housing Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2021, Morrow Housing Corporation generated $53.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.2% each year . All expenses for the organization totaled $23.7k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
RENTAL EXPENSE FOR PROPERTIES HELD AND MANAGED FOR USE BY NEW JERSEY ASSOCIATION ON CORRECTIONS, A NON-PROFIT ORGANIZATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathy Ahearn-O'brien President, Director | 0.1 | $0 | |
Calvin John Smiley Vice President, Director | 0.1 | $0 | |
Michael Decker Treasurer, Director | 0.1 | $0 | |
Diane Hobbs Fiscal Director | 0.5 | $0 | |
Anne Elliot Secretary, Director | 0.1 | $0 | |
Angel Perez Executive Director | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $18,000 |
Membership dues | $0 |
Investment income | $35,770 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $53,770 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,030 |
Occupancy, rent, utilities, and maintenance | $15,534 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $7,164 |
Total expenses | $23,728 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,776 |
Other assets | $0 |
Total assets | $131,107 |
Total liabilities | $1,000 |
Net assets or fund balances | $130,107 |
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