AFFORDABLE HOUSING OF METROPOLITAN EDGEWATER INC

EDGEWATER, NJ | Bergen County
Affordable Housing

Overview

AFFORDABLE HOUSING OF METROPOLITAN EDGEWATER INC
03-0381251
300 UNDERCLIFF AVENUE
EDGEWATER, NJ 07020
Bergen County

Mission Statement info

This nonprofit has not reported a mission statement.

CRA Category info
  • Affordable Housing
Nonprofit location info
  • Majority Minority Census Tract
Awards & Certifications info
  • LIHTC Recipient
Founded info
Not reported
Total Employees info
Not reported
Total Volunteers info
Not reported
Nonprofit Classification (NTEE Code) info
L21

L - Housing, Shelter

Low-Income & Subsidized Rental Housing

Organizations that develop, rehabilitate, manage and/or provide rental housing that is available to people who qualify on the basis of income, age or disability for publicly subsidized housing e.g., HUD housing or housing assistance under Section 8 of the Housing and Urban Development Act.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
531110
Pension Funds

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info
Most Recent LIHTC Project info
EDGEWATER SENIOR CITIZEN HOUSING

 
EDGEWATER, NJ
Amount info
$303,818
Project Year info
2012
Allocation Year info
1996
Total Units info
31
Low-Income Units info
31
Currently Monitored info
Not reported
Construction Type info
New Construction
Property Characteristics info
  • None reported
Special Programs & Financing info
  • None reported
Targeted Population info
  • Elderly

IRS Summary

Income
$84K
Revenue
$84K
Assets
$1.1M
Exempt Ruling Date info
2004-02
Deductibility Status info
Deductible
Last Tax Filing info
2019
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
NJ
Basis for Foundation/Public Charity Status info
Organization normally receives no more than one-third of support from gross investment and unrelated business income and at same time more than one-third of its support from contributions, fees and gross receipts related to exempt purposes 509(a)(2)

Nonprofit Location

Physical Address info
300 UNDERCLIFF AVENUE
EDGEWATER, NJ 07020
Bergen County
FIPS Geocoded Address info
35620
MSA/CBSA info
34
State info
003
County info
0130.01
Tract info
Upper
Income Level info
Core-Based Statistical Area info
New York-Newark-Jersey City, NY-NJ-PA
Combined Statistical Area info
New York-Newark, NY-NJ-CT-PA
Metropolitan Division info
New York-Jersey City-White Plains, NY-NJ
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 65.91%
FFIEC Designated Distressed Census Tract info
FFIEC Underserved Census Tract info

Market Data

Census Tract County
0130.01 Bergen County
Population
Total Population 6,529 930,390
Total Households 3,334 339,856
Income
Median Family Income (Census*) $134,402 $101,144
Median Family Income (2019 FFIEC) $79,300 N/A
Tract Income Percentage 198.93% N/A
Below Poverty Level 7.6% 6.7%
Unemployment Level 6.3% 4%
Housing
Total Housing Units 3,697 357,828
Total Owner-Occupied Units 19.9% 64.8%
Total Renter-Occupied Units 70.3% 35.2%
Total Vacant Units 9.8% 4.7%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

3
Total Voting Members
in Governing Body
info
3
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Joseph Capano
Management Agent
(201) 943-6000
Principal Officer info
Joseph Capano
findCRA Profile Owner
Nonprofit profile has not yet been claimed
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.