Homes Now-Sycamore Ridge Inc
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brick, NJ
- Founding
- 03/2016
- Data as of
- 12/2019
- EIN
- 61-1729443
Organization Overview
Homes Now-Sycamore Ridge Inc is located in Brick, NJ. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Homes Now-Sycamore Ridge 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 12/2019, Homes Now-Sycamore Ridge Inc generated $239.0 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 (60.9%) each year. All expenses for the organization totaled $37.2k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
HOMES NOW SYCAMORE RIDGE, INC. IS A NEW JERSEY NOT-FOR PROFIT FORMED IN JANUARY 2014. HNSR IS A NON-MANAGING PARTNER WITH SYCAMORE URBAN RENEWAL ASSOCIATES, LLC THE PROJECT OWNER OF AN AFFORDABLE HOUSING COMPLEX LOCATED IN PENNSAUKEN, NEW JERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christine Mcbride Secretary/trustee | 2 | $0 | |
Sharon Labash Vice President | 2 | $0 | |
Paul Barlo President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $239 |
| Total Revenue | $239 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $37,231 |
| Total expenses | $37,231 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,778 |
| Other assets | $0 |
| Total assets | $26,778 |
| Total liabilities | $2,363 |
| Net assets or fund balances | $24,415 |
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