Habcore Inc

Organization Overview

Habcore Inc is located in Tinton Falls, NJ. The organization was established in 1989. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Habcore Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Habcore 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 12/2021, Habcore Inc generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 13.0% 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

PROVIDE PERMANENT HOUSING & SUPPORT FOR LOW-INCOME, HOMELESS INDIVIDUALS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HOMES, SHELTERS, HOMESTEADS AND OTHER FACILITIES FOR HOMELESS PERSONS WITH LOW-INCOME AND/OR PERSONS WHO ARE DISADVANTAGED, DISABLED, UNEMPLOYED OR OTHERWISE UNABLE TO CARE FOR THEMSELVES.


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Board, Officers & Key Employees

Name (title)Compensation
Steve Heisman
Executive Director
$143,900
Marta Quinn
Director Of Fund Dev & Com
$90,000
Catherine Lord
Associate Director
$82,154
Kathleen Mullarkey
President
$0
Gary Dahms
Vice President
$0
Darrin DE Seno
Treasurer
$0

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$852,489
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$852,489
Total Program Service Revenue$3,329,596
Investment income $6,813
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $29,217
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,223,879

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Habcore Inc has recieved totaling $42,000.

Awarding OrganizationAmount
Stone Foundation Of New Jersey

Leonardo, NJ

PURPOSE: GENERAL OPERATING SUPPORT

$25,000
Provident Bank Foundation Inc

Iselin, NJ

PURPOSE: INDEPENDENCE PATHWAYS PROGRAM

$15,000
Manasquan Bank Charitable Foundation Inc

Wall Township, NJ

PURPOSE: COVID RELIEF

$2,000
View Grant Recipient Profile

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