Nutley Parkside

Organization Overview

Nutley Parkside is located in Nutley, NJ. The organization was established in 1981. 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. As of 12/2021, Nutley Parkside employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nutley Parkside 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, Nutley Parkside generated $2.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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

THE ORGANIZATION PROVIDES LOW INCOME HUD SUBSIDIZED HOUSING FOR ELDERLY AND DISABLED INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LOW INCOME HOUSING FOR ELDERLY AND DISABLED INDIVIDUALS, SUBSIDIZED BY THE FEDERAL HOUSING AND URBAN DEVELOPMENT (HUD)


LOW INCOME HOUSING FOR ELDERLY AND DISABLED INDIVIDUALS, SUBSIDIZED BY THE FEDERAL HOUSING AND URBAN DEVELOPMENT (HUD)


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Board, Officers & Key Employees

Name (title)Compensation
Gwendolyn Canfield
President
$0
Salvatore Cocco Jr
Vice Preside
$0
Walter Smith
Treasurer
$0
Joanna Conrad
Secretary
$0
Barbara Hirsch
Trustee
$0
Beverly Apple
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,318,868
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$2,318,868
Total Program Service Revenue$53,006
Investment income $1,346
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 $2,373,220

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