Hudson Lutheran Housing Corporation
- Assets
- $0.0
- Revenue
- $195.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Secaucus, NJ
- Founding
- 09/1979
- Data as of
- 12/2019
- EIN
- 22-2358412
Organization Overview
Hudson Lutheran Housing Corporation, operating under the name Muhlenberg Gardens, is located in Secaucus, NJ. The organization was established in 1979. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. Muhlenberg Gardens 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 12/2019, Muhlenberg Gardens generated $195.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (38.5%) each year. All expenses for the organization totaled $32.4m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Muhlenberg Gardens has awarded 11 individual grants totaling $32,021,521. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2019
Describe the Organization's Mission:
Part 3 - Line 1
OWNERSHIP & OPERATION OF A SECTION 202 HUD FINANCED MULTIFAMILY PROJECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OWNED AND OPERATED A SECTION 202 HUD FINANCED MULTIFAMILY HOUSING PROJECT FOR THE ELDERLY WHICH WAS SOLD DURING 2018. DURING 2019, THE ORGANIZATION PROVIDED GRANTS TO ORGANIZATIONS THAT SUPPORTED THEIR FORMER RESIDENTS AND INDIVIDUALS WHO PROVIDED ASSISTANCE AND SERVICES TO THEIR FORMER RESIDENTS. UPON THE DISSOLUTION OF THE ORGANIZATION THE REMAINING ASSETS WERE CONTRIBUTED TO A RELATED 501(C)(3) NON-PROFIT CORPORATION CALLED HUDSON LUTHERAN CHARITY, INC. (EIN 22-2888885).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marco Delucia Board Member | Trustee | 1 | $49,000 |
Trevor Corso President | OfficerTrustee | 1 | $46,500 |
Dr William Smith Board Member | Trustee | 1 | $46,500 |
Carmita Cortes Board Member | Trustee | 1 | $39,000 |
Karyn Lusskin Secretary | OfficerTrustee | 1 | $37,438 |
Kenneth Wessler Board Member | Trustee | 1 | $29,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $169,237 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,858 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $195,483 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,021,521 |
| Grants and other assistance to domestic individuals. | $117,250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $254,938 |
| Compensation of current officers, directors, key employees. | $254,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,821 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $125 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,893 |
| All other expenses | $0 |
| Total functional expenses | $32,427,866 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Hudson Lutheran Housing Corporation has awarded $32,021,521 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Secaucus, NJ PURPOSE: GENERAL SUPPORT | $31,816,521 |
Union City, NJ PURPOSE: GENERAL SUPPORT | $61,000 |
PEACE CARE ST JOSEPH'S PURPOSE: GENERAL SUPPORT | $50,000 |
New York, NY PURPOSE: TO SUPPORT THE SUMMER INTERN PROGRAM. | $24,000 |
PURPOSE: GENERAL SUPPORT | $15,000 |
ST JOHN'S LUTHERAN CHURCH PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maris Grove Inc Glen Mills, PA | $653,132,727 | $91,666,802 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Lantern Hill Inc New Providence, NJ | $464,665,892 | $49,148,353 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |