Wayne Group Home Corporation
- Assets
- $187.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hackensack, NJ
- Founding
- 02/1996
- Data as of
- 06/2021
- EIN
- 52-1951419
Organization Overview
Wayne Group Home Corporation is located in Hackensack, NJ. The organization was established in 1996. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wayne Group Home 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 06/2021, Wayne Group Home Corporation generated $72.5k 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 (5.3%) each year. All expenses for the organization totaled $66.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.3%) per year over the past 5 years. 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
THE WAYNE GROUP HOME CORPORATION IS A SEVEN-UNIT GROUP HOME FOR INDIVIDUALS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES LOCATED IN WAYNE, NJ. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NAT'L HOUSING ACT AND REGULATED BY THE US DEPT. OF HOUSING & URBAN DEVELOPMENT (HUD).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Walsh President | 1 | $0 | |
Clifford Pettinelli Chair | 1 | $0 | |
Miriam Weis 1st Vice President | 1 | $0 | |
Tom Curtin 2nd Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,745 |
| Total Program Service Revenue | $23,688 |
| Membership dues | $0 |
| Investment income | $80 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,513 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,687 |
| Professional fees and other payments to independent contractors | $7,555 |
| Occupancy, rent, utilities, and maintenance | $31,040 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $23,210 |
| Total expenses | $66,492 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,118 |
| Other assets | $0 |
| Total assets | $187,271 |
| Total liabilities | $172,859 |
| Net assets or fund balances | $14,412 |
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