Morrow Housing Corporation
- Assets
- $426.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 10/1982
- Data as of
- 06/2022
- EIN
- 22-2352246
Organization Overview
Morrow Housing Corporation is located in Trenton, NJ. The organization was established in 1982. According to its NTEE Classification (L50) the organization is classified as: Homeowners & Tenants Associations, 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. Morrow Housing Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 06/2022, Morrow Housing Corporation generated $18.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $22.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.2%) per year over the past 7 years. 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
RENTAL EXPENSE FOR PROPERTIES HELD AND MANAGED FOR USE BY NEW JERSEY ASSOCIATION ON CORRECTIONS, A NON-PROFIT ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Calvin John Smiley Ph D President | 0.1 | $0 | |
Diane Scott-Bey Vice President | 0.1 | $0 | |
Michael K Decker Treasurer | 0.1 | $0 | |
Anthony P Carabelli Jr Secretary | 0.1 | $0 | |
Angel Perez Executive Director | 0.5 | $0 | |
Diane Hobbs Fiscal Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $18,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,000 |
| 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 | $1,040 |
| Occupancy, rent, utilities, and maintenance | $14,302 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,164 |
| Total expenses | $22,506 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,434 |
| Other assets | $0 |
| Total assets | $426,601 |
| Total liabilities | $1,000 |
| Net assets or fund balances | $425,601 |