Morristown Community Development Corporation is located in Morristown, NJ. According to its NTEE Classification (L19) the organization is classified as: Support N.E.C., 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. Morristown Community Development Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE AFFORDABLE HOUSING FOR FAMILIES OF LOW TO MODERATE INCOME.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luma Oweis Mha Board Commissioner | 0 | $0 | |
Nohemy Zabala Mha Board Commissioner | 0 | $0 | |
Martha Ballard Mha Board Commissioner(chairperson) | 0 | $0 | |
Rameshpreet Sidhu Board Chair | 0 | $0 | |
Abigail Wellington Vice Chair | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,392 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,392 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,923 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,333 |
| Total expenses | $87,256 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,411 |
| Other assets | $0 |
| Total assets | $104,088 |
| Total liabilities | $17,460 |
| Net assets or fund balances | $86,628 |