Totals
- Total revenue
- $191,246
- Total expenses
- $267,837
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $191,206
- Investment income
- $40
- Other revenue
- $0
- Total assets, end of year
- $960,191
- Total liabilities, end of year
- $77,549
- Net assets or fund balances, end of year
- $882,642
- Program services expenses (Part IX)
- $241,743
- Management and general expenses
- $26,094
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $241,743
Program services were 90.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: RENT RECEIPTS - HUD
total $127,622 · related or exempt $127,622
-
2b · Program service revenue: RENT RECEIPTS - TENANT
total $62,982 · related or exempt $62,982
-
2c · Program service revenue: LAUNDRY REVENUE
total $602 · related or exempt $602
-
3 · Investment income
total $40 · excluded $40
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $11,300 · program services $11,300
-
9 · Other employee benefits
total $1,025 · program services $1,025
-
10 · Payroll taxes
total $979 · program services $979
-
11a · Fees: management
total $30,252 · program services $30,252
-
11b · Fees: legal
total $804 · management and general $804
-
11c · Fees: accounting
total $12,000 · management and general $12,000
-
13 · Office expenses
total $4,312 · management and general $4,312
-
16 · Occupancy
total $22,213 · program services $22,213
-
22 · Depreciation, depletion and amortization
total $74,460 · program services $74,460
-
23 · Insurance
total $16,021 · program services $16,021
-
24a · Other expenses: MISCELLANEOUS
total $39,813 · program services $31,246 · management and general $8,567
-
24b · Other expenses: CONTRACTS
total $37,494 · program services $37,494
-
24c · Other expenses: ADMIN RENT-FREE UNIT
total $13,922 · program services $13,922
-
24d · Other expenses: SUPPLIES
total $1,763 · program services $1,763
-
24e · All other expenses
total $1,479 · program services $1,068 · management and general $411
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $638 · end of year $1,542
-
4 · Accounts receivable
beginning of year $2,521 · end of year $1,094
-
9 · Prepaid expenses and deferred charges
beginning of year $5,028 · end of year $5,939
-
10a · Land, buildings and equipment: cost or other basis
$2,039,743
-
10b · Land, buildings and equipment: accumulated depreciation
$1,170,514
-
10c · Land, buildings and equipment, net
beginning of year $943,689 · end of year $869,229
-
15 · Other assets
beginning of year $69,911 · end of year $82,387
-
17 · Accounts payable and accrued expenses
beginning of year $49,747 · end of year $64,098
-
19 · Deferred revenue
beginning of year $7,965 · end of year $8,973
-
21 · Escrow or custodial account liability
beginning of year $4,842 · end of year $4,478
-
27 · Net assets without donor restrictions
beginning of year $959,233 · end of year $882,642
Mission and programs · 2023
Mission
TO PROVIDE HOUSING FOR LOW INCOME DISABLED INDIVIDUALS.
Activities or mission (Part I)
TO PROVIDE LOW INCOME HOUSING FOR THE DISABLED.
-
THE ORGANIZATION PROVIDES 14 UNITS OF RESIDENTIAL HOUSING FOR LOW INCOME DISABLED INDIVIDUALS.
Expenses $241,743 · Revenue $191,206
As filed on the 2023 return.
Listed in Part VII
-
Susan P HowleySUSAN P HOWLEY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Elisa SananmanELISA SANANMAN
ASST SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
John WesterveltJOHN WESTERVELT
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.5
-
Philip T PasmanikPHILIP T PASMANIK
TREASURER
- Total calculated
- $0
- Hours/week
- 0.5
-
Bruce BergenBRUCE BERGEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Ed HeatonED HEATON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Brother Benedict LobalboBROTHER BENEDICT LOBALBO
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.5
-
Thomas StranoTHOMAS STRANO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
-
Elizabeth McClendonELIZABETH MCCLENDON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
NEW JERSEY CONNECT INC
501(C)(3) · CONSULTING FUNCTIONS AND PAYMENTS OF VARIOUS TAXES · NJ
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 23 April 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411279349302286
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