Proprietary House Association
- Assets
- $255.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Perth Amboy, NJ
- Founding
- 02/1972
- Data as of
- 12/2023
- EIN
- 23-7163949
Organization Overview
Proprietary House Association is located in Perth Amboy, NJ. The organization was established in 1972. 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. Proprietary House Association 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 12/2023, Proprietary House Association generated $31.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (54.0%) each year. All expenses for the organization totaled $97.4k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE, RESTORE AND INTERPRET AS A HISTORIC SITE AND MUSEUM THE PROPRIETARY HOUSE (A NJ STATE-OWNED PROPERTY) WHICH WAS BUILT IN 1762-64 AND SERVED AS COLONIAL NEW JERSEY'S ROYAL GOVERNOR'S MANSION. TOURS OF THE MUSEUM, EDUCATIONAL PROGRAMS AND HISTORY-RELATED ACTIVITIES AND EVENTS ARE OFFERED TO THE PUBLIC.
Describe the Organization's Program Activity:
Part 3
(CODE: 238990) MAJOR RESTORATION AND REPAIRS OF THE HISTORIC PROPRIETARY HOUSE STRUCTURE CONTINUED IN 2022, WITH FUNDING PROVIDED BY A STATE OF NJ DEPARTMENT OF COMMUNITY AFFAIRS LEGISLATIVE GRANT. PROPRIETARY HOUSE ASSOCIATION, ON BEHALF OF THE STATE OF NJ, HAS OVERSEEN THE RESTORATION AND REPAIRS, RETAINING AND WORKING WITH RESTORATION ARCHITECTS, PROJECT CONTRACTORS AND CRAFTSMEN.
(CODE: 712100) PROPRIETARY HOUSE MUSEUM EXHIBIT AND COLLECTION ACTIVITIES - RESEARCH, ACQUISITION, CONSERVATION, MAINTENANCE, DISPLAY AND EXHIBIT OF COLLECTION ITEMS, INCLUDING ANTIQUE FURNITURE, HISTORIC DOCUMENTS, ARTWORK, AND OTHER HISTORIC ITEMS.
(CODE: 712100) HISTORY-THEMED ACTIVITIES, INCLUDING MUSEUM TOURS AND EVENTS
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,784 |
| Total Program Service Revenue | $6,168 |
| Membership dues | $12,665 |
| Investment income | $588 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,220 |
| 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 | $11,002 |
| Occupancy, rent, utilities, and maintenance | $3,928 |
| Printing, publications, postage, and shipping | $668 |
| Other expenses | $81,829 |
| Total expenses | $97,427 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $255,744 |
| Other assets | $0 |
| Total assets | $255,744 |
| Total liabilities | $0 |
| Net assets or fund balances | $255,744 |