Ocean City Community Development Corporation
- Assets
- $139.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean City, NJ
- Founding
- Data as of
- 09/2022
- EIN
- 85-1978578
Organization Overview
Ocean City Community Development Corporation is located in Ocean City, NJ. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, 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. Ocean City 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 09/2022, Ocean City Community Development Corporation generated $70.5k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $10.8k during the year ending 09/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO DEVELOP AFFORDABLE REAL ESTATE RENTAL HOUSING FOR LOW INCOME FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline Jones Secretary/tr | 0 | $0 | |
Patricia Miles-Jackson Commissioner | 0 | $0 | |
Robert Henry Commissioner | 0 | $0 | |
Robert Barr Chairman Of | 0 | $0 | |
Brian Broadley Commissioner | 0 | $0 | |
Patrick Mumman Commissioner | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,510 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,510 |
| 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 | $10,033 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $738 |
| Total expenses | $10,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1 |
| Other assets | $0 |
| Total assets | $139,391 |
| Total liabilities | $15,319 |
| Net assets or fund balances | $124,072 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Providence Housing Development Corporation Rochester, NY | $12,131,024 | $9,484,321 |
Equinox Inc Albany, NY | $7,754,124 | $11,254,428 |
Daughter Of Miriam Association Clifton, NJ | $0 | $8,577,466 |
Rochester Management Inc Rochester, NY | $15,106,778 | $10,149,651 |
Jerome Avenue Care For The Homeless New York, NY | $8,771,577 | $9,215,112 |
Fox Lake Ahf Inc Newark, NJ | $17,499,126 | $5,986,974 |
Oub Court Housing Company Inc Bronx, NY | $15,971,755 | $7,036,525 |
Southeast Grand St Guild Hdf Co Inc Residential Management Assoc Inc Garden City, NY | $32,454,650 | $10,208,365 |
Norris Square Community Alliance Philadelphia, PA | $13,759,138 | $8,779,038 |
Hebrew Home Housing Development Fund Co Inc Bronx, NY | $13,025,058 | $6,258,776 |
1st Cerebral Palsy Of New Jersey Inc Belleville, NJ | $2,942,759 | $6,851,396 |
Fordham Bedford Housing Corp Bronx, NY | $73,266,623 | $9,182,543 |