Metuchen Community Services Corporation
- Assets
- $9.4m
- Revenue
- $1.2m
- Investments
- $1.3m
- Employees
- 5
- Location
- Perth Amboy, NJ
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 22-3394753
Organization Overview
Metuchen Community Services Corporation is located in Perth Amboy, NJ. The organization was established in 1946. 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. As of 12/2021, Metuchen Community Services Corporation employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Metuchen Community Services 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 12/2021, Metuchen Community Services Corporation generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PROVISION OF RENTAL SPACE TO NON-PROFIT ORGANIZATIONS AND THE DEVELOPMENT AND PROVISION OF LOW-TO-MODERATE-INCOME HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROVISION OF RENTAL SPACE TO NON-PROFIT ORGANIZATIONS AND THE DEVELOPMENT AND PROVISION OF LOW-TO-MODERATE-INCOME HOUSING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Hoagland ESQ Chairman | OfficerTrustee | 0.2 | $0 |
Mr Julio Coto Secretary/treasurer | OfficerTrustee | 0.2 | $0 |
Most Rev James F Checchio Bishop Of Metuchen | OfficerTrustee | 0.2 | $0 |
Mr Austin C Kosik Jr Trustee | Trustee | 0.2 | $0 |
Ms Elizabeth Gross Trustee | Trustee | 0.2 | $0 |
Mr Jarid R Towey Trustee | Trustee | 0.2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Catholic Charities Diocese Of Metuchen Construction And Property Management, Ma | 12/30/19 | $478,453 |
All Phase Consulting Services Corporatio Consulting | 12/30/19 | $133,303 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $20,000 |
| 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 | $20,000 |
| Total Program Service Revenue | $1,146,322 |
| Investment income | $36,182 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,800 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,204,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $99,129 |
| Pension plan accruals and contributions | $3,197 |
| Other employee benefits | $27,679 |
| Payroll taxes | $7,903 |
| Fees for services: Management | $127,800 |
| Fees for services: Legal | $1,439 |
| Fees for services: Accounting | $13,306 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,811 |
| Advertising and promotion | $0 |
| Office expenses | $5,206 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $62,099 |
| Travel | $1,408 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,713 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $328,149 |
| Insurance | $176,036 |
| All other expenses | $0 |
| Total functional expenses | $1,323,992 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,580 |
| Savings and temporary cash investments | $2,463,677 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34,808 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $205,891 |
| Net Land, buildings, and equipment | $5,372,010 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,292,977 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,560 |
| Total assets | $9,400,503 |
| Accounts payable and accrued expenses | $53,775 |
| Grants payable | $0 |
| Deferred revenue | $19,939 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $25,735 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $372,322 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $471,771 |
| Net assets without donor restrictions | $8,928,732 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,400,503 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Metuchen Community Services Corporation has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: PROGRAM/OPERATING SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shared Support South Inc Warrington, PA | $9,549,705 | $20,704,692 |
Viecare Butler Llc Cranberry Township, PA | $15,820,808 | $20,591,438 |
Valley View Haven Inc Belleville, PA | $35,512,325 | $21,268,828 |
The Arc Morris County Chapter Nj Inc Morris Plains, NJ | $23,360,035 | $22,219,596 |
Pathways To Housing Pa Philadelphia, PA | $7,362,789 | $17,371,070 |
Reach Riverside Development Corporation Wilmington, DE | $31,775,413 | $42,220,664 |
Jewish Federation Housing Development Fund Company Buffalo, NY | $0 | $1,951,149 |
Alfa Development Inc Newfoundland, NJ | $12,469,438 | $16,200,874 |
Grand Central District Management Association Inc New York, NY | $3,484,616 | $12,729,561 |
Westbeth Corp Housing Development Fund Company Inc New York, NY | $62,389,155 | $10,191,211 |
Community Action Agency Of Delaware County Inc Boothwyn, PA | $15,976,339 | $8,682,122 |
Brighton Beach Housing Development Fund Company Inc New York, NY | $22,060,771 | $3,270,016 |