To provide affordable housing arrangements for low to moderate income and psychiatrically disabled individuals in bergen, hudson, passaic and morris county, new jersey.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 6
filings with a surplus
Average deficit $111K a year · 54% of revenue · last 6 filings
Concern: a surplus in 0 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
9 mo
of spending, in cash
Looks good: 9.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.2M
134% of total assets
Concern: liabilities are 134% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$206K
-3% vs prior year
Spent
$321K
To programs
94%
Net assets
−$812K
By yearFY2020–FY2025
Revenue
$206K
FY2021▼ -3%
Tap a bar for its year
Revenue by fiscal year
FY2020$211K
FY2021$206K
FY2022$209K
FY2023$201K
FY2024$192K
FY2025$213K
Expenses
$321K
FY2021-0.2%
Tap a bar for its year
Expenses by fiscal year
FY2020$322K
FY2021$321K
FY2022$339K
FY2023$305K
FY2024$295K
FY2025$318K
Net assets
−$812K
FY2021▼ -17%
Tap a bar for its year
Net assets by fiscal year
FY2020−$696K
FY2021−$812K
FY2022−$942K
FY2023−$1.0M
FY2024−$1.1M
FY2025−$1.3M

From the FY2021 Form 990 (year ending June 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Exemption reinstated (2010-11-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Feb 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $301K Management & general 6% · $20K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
1st Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
President & CEO
$0Pt VII · Sec A
VP of Finance
$0Pt VII · Sec A

David Griffith’s $230K as President & CEO is at the 99th percentile of top reported officer pay among 1980 $100K–1M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

See Van Sciver Corporation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers affordable housing for low-income and psychiatrically disabled individuals in four New Jersey counties.

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Provided by the organization

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1 program · $301K · in their own filed words · FY2020
01

To provide affordable housing arrangements for low to moderate income and psychiatrically disabled individuals in bergen, hudson, passaic and morris county, new jersey.

$301Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$206K
Ln 12
Gifts and grantsLn 1h$168K
Fees for servicesLn 2g$35K
Investment incomeLn 3$2K
Money outPt IX
$321K
Ln 25
Programscol B$301K
Managementcol C$20K
Owns and owesPt X
−$812K
net assets · Ln 32
Cash and savingsLn 1–2$251K
Total assetsLn 16$2.4M
LiabilitiesLn 26$3.2M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$168K
Government grantsLn 1e$168K
Fees for servicesLn 2g$35K
Investment incomeLn 3$2K
Total revenueLn 12$206K
Assets in detailPt X, end of year
CashLn 1$50K
SavingsLn 2$200K
Cash and savings togetherLn 1–2$251K
Land, buildings, equipmentLn 10c$2.1M
Other assetsLn 15$28K
Total assetsLn 16$2.4M
LiabilitiesLn 26$3.2M
Net assetsLn 32−$812K
OperationsPt I, VI
EmployeesI 52
VolunteersI 60
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$223K$251K
Land, buildings, equipmentLn 10c$2.2M$2.1M
Total assetsLn 16$2.5M$2.4M
LiabilitiesLn 26$3.2M$3.2M
Net assetsLn 32−$696K−$812K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$30K$30K
Other employee benefitsLn 9$4K$4K
Payroll taxesLn 10$5K$5K
Management feesLn 11a$12K$12K
Accounting feesLn 11c$8K$8K
Other fees for servicesLn 11g$4K$4K
OccupancyLn 16$144K$144K
Depreciation, depletion and amortizationLn 22$115K$115K
Total functional expensesLn 25$321K$301K$20K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $213K$318K−$105K−$1.3M 990 PDF
FY2024 $192K$295K−$103K−$1.1M 990 PDF
FY2023 $201K$305K−$104K−$1.0M 990 PDF
FY2022 $209K$339K−$130K−$942K 990 PDF
FY2021 Viewing $206K$321K−$116K−$812K 990 PDF
FY2020 $211K$322K−$111K−$696K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $205,863 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $177,856$168,304
I-9 Program service revenuePrior year $31,838$35,238
I-10 Investment incomePrior year $1,700$2,321
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $211,394$205,863
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$38,621
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $322,050$282,855
I-18 Total expensesPrior year $322,050$321,476
I-19 Revenue less expensesPrior year −$110,656−$115,613
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $205,863 across 5 lines filed
VIII-1e Government grants$168,304
VIII-1h Total contributions, gifts and grants$168,304
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $35,238$35,238
VIII-3 Investment incomeExcluded from tax $2,321$2,321
VIII-12 Total revenueRelated to mission $35,238 · Unrelated business $0 · Excluded from tax $2,321$205,863
Part IX · Statement of functional expenses $321,476 across 8 lines filed
IX-7 Other salaries and wagesPrograms $30,173$30,173
IX-9 Other employee benefitsPrograms $3,922$3,922
IX-10 Payroll taxesPrograms $4,526$4,526
IX-11a Management feesManagement $12,288$12,288
IX-11c Accounting feesManagement $8,050$8,050
IX-11g Other fees for servicesPrograms $3,676$3,676
IX-16 OccupancyPrograms $144,115$144,115
IX-22 Depreciation, depletion and amortizationPrograms $114,726$114,726
IX-25 Total functional expensesPrograms $301,138 · Management $20,338 · Fundraising $0$321,476
Part X · Balance sheet $2,418,641 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $28,347$50,150
X-2 Savings and temporary cash investmentsStart of year $194,681$200,403
X-10c Land, buildings and equipment, netStart of year $2,180,149$2,065,422
X-14 Intangible assetsStart of year $74,272$74,272
X-15 Other assetsStart of year $20,798$28,394
X-16 Total assetsStart of year $2,500,740$2,418,641
X-17 Accounts payable and accrued expensesStart of year $42,103$69,572
X-19 Deferred revenueStart of year $6,306$4,753
X-25 Other liabilitiesStart of year $20,798$28,396
X-26 Total liabilitiesStart of year $3,196,639$3,230,153
X-27 Net assets without donor restrictionsStart of year −$695,899−$811,512
X-32 Total net assets or fund balancesStart of year −$695,899−$811,512
X-33 Total liabilities and net assetsStart of year $2,500,740$2,418,641
Part XI · Reconciliation of net assets −$811,512 net assets at year end
XI-1 Total revenue$205,863
XI-2 Total expenses$321,476
XI-3 Revenue less expenses−$115,613
XI-4 Net assets at start of year−$695,899
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$811,512

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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