Job Haines Home For Aged People
- Assets
- $42.4m
- Revenue
- $13.9m
- Investments
- $28.5m
- Employees
- 0
- Location
- Bloomfield, NJ
- Founding
- 11/1982
- Data as of
- 12/2023
- EIN
- 22-0972180
Organization Overview
Job Haines Home For Aged People is located in Bloomfield, NJ. The organization was established in 1982. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Job Haines Home For Aged People 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 12/2023, Job Haines Home For Aged People generated $13.9m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $18.6m during the year ending 12/2023. While expenses have increased by 5.7% per year over the past 9 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
THE FOUNDATION PROVIDES HEALTH AND RESIDENT CARE FOR THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Noreen Haveron Executive Director President | 40 | $280,385 | |
John Redmond Chair | 2 | $0 | |
Byron DE Vires Vice-Chair | 2 | $0 | |
Euk Kwon Secretary | 3 | $0 | |
Gerald Fasanella Treasurer | 3 | $0 | |
Fred Gillespie Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aliant Group | 12/30/23 | $0 |
| 12/30/23 | $131,536 | |
It Craft | 12/30/23 | $0 |
| 12/30/23 | $89,849 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $920,558 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,092,508 |
| Capital Gain Net Income | $1,092,508 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $11,896,731 |
| Total Revenue | $13,909,797 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $280,384 |
| Other employee salaries and wages | $10,261,077 |
| Pension plans, employee benefits | $1,806,926 |
| Interest | $212,743 |
| Taxes | $1,039,430 |
| Depreciation | $1,023,751 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,552,429 |
| Total operating and administrative expenses | $18,632,765 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $18,632,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $933,934 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $729,640 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $574,998 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $11,690,378 |
| Other assets | $0 |
| Total assets | $42,420,545 |
| Accounts payable and accrued expenses | $1,566,603 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $7,096,056 |
| Other liabilities | $47,361 |
| Total liabilities | $8,710,020 |