East Orange Housing And Community Development Corporation

Organization Overview

East Orange Housing And Community Development Corporation is located in East Orange, NJ. The organization was established in 2016. 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. East Orange Housing And Community Development 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, East Orange Housing And Community Development Corporation generated $208.8k 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 (8.5%) each year. All expenses for the organization totaled $139.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

EOHCDC DOES NOT CONTEMPLATE PECUNIARY GAIN OR PROFIT, AND THE SPECIFIC PURPOSES FOR WHICH IT IS FORMED ARE: A) TO ASSIST THE HOUSING AUTHORITY OF THE CITY OF EAST ORANGE TO DEVELOP AND REDEVELOP HOUSING AND NEIGHBORHOODS IN THE CITY OF EAST ORANGE B)TO DEVELOP ECONOMIC OPPORTUNITIES FOR LOW AND MODERATE INCOME INDIVIDUALS IN NEED OF ASSISTANCE C) TO CONSULT, FINANCE, DEVELOP, REDEVELOP, PLAN, OWN AND CREATE HOUSING OPPORTUNITIES FOR LOW TO MODERATE INCOME INDIVIDUALS AND FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO ASSIST HOUSING AUTHORITY OF THE CITY OF EAST ORANGE TO DEVELOP AND REDEVELOP HOUSING AND NEIGHBORHOODS IN THE CITY OF EAST ORANGE


ASSISTING EAST ORANGE HOUSING AUTHORITY IN REDEVELOPMENT EXPENSES


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Board, Officers & Key Employees

Name (title)Compensation
Wg Harris
Vice Chair
$0
Keely Freeman
Board Chair
$0
Wilbert Gill
Secretary
$0
William Jones
Treasurer
$0
Fred Shaw
Member
$0
Wanda Watson
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $118,977
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$118,977
Total Program Service Revenue$84,606
Investment income $5,245
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 $208,828

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