Alternatives Homes 2005 Inc

Organization Overview

Alternatives Homes 2005 Inc is located in Raritan, NJ. The organization was established in 2007. According to its NTEE Classification (P73) the organization is classified as: Group Homes, 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. Alternatives Homes 2005 Inc 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 09/2021, Alternatives Homes 2005 Inc generated $60.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $105.7k during the year ending 09/2021. While expenses have increased by 3.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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

PROVIDE CONSUMERS OF PHYSICAL AND MENTAL HEALTH SERVICES WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PROJECT OPERATES TWO GROUP HOMES LOCATED IN BRIDGEWATER AND PHILLIPSBURG, NEW JERSEY THAT PROVIDE CONSUMERS OF MENTAL HEALTH SERVICES WITH HOUSING FACILITIES AND SERVICES SPECIFICALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS AND USEFULNESS IN LONGER LIVING.


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Board, Officers & Key Employees

Name (title)Compensation
Lynn Omslaer
Chairperson, Trustee
$0
Manju Rathnam
Treasurer/secretary, Trustee
$0
Sharon Clark
Trustee
$0
Morris Malstrom
Trustee
$0
James Romach
Trustee
$0
Barbara Dolan
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$13,484
Government grants $23,949
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $13,484
Total Revenue from Contributions, Gifts, Grants & Similar$37,433
Total Program Service Revenue$22,509
Investment income $14
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 $59,956

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Alternatives Homes 2005 Inc has recieved totaling $175,845.

Awarding OrganizationAmount
Adti Housing Corp

Raritan, NJ

PURPOSE: Construction

$175,845
View Grant Recipient Profile

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$48,007,513
Womens League Community Residences Inc
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$39,206,945
Aabr Inc
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$33,000,685
Pathways Inc
Corning, NY
$34,398,710

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