Totals
- Total revenue
- $456,406
- Total expenses
- $404,147
- Contributions and grants received
- $456,278
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $128
- Other revenue
- $0
- Total assets, end of year
- $2,638,156
- Total liabilities, end of year
- $351,002
- Net assets or fund balances, end of year
- $2,287,154
- Program services expenses (Part IX)
- $103,902
- Management and general expenses
- $265,794
- Fundraising expenses
- $34,451
- Program service expenses (Part III)
- $103,902
Program services were 25.7% 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.
-
1c · Fundraising events
$122,031
-
1e · Government grants (contributions)
$122,500
-
1f · All other contributions, gifts and grants
$211,747
-
3 · Investment income
total $128 · unrelated business $0 · excluded $0
-
8a · Fundraising events: contributions included on line 1c
$122,031
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $140,000 · program services $0 · management and general $140,000 · fundraising $0
-
10 · Payroll taxes
total $16,291 · program services $0 · management and general $16,291 · fundraising $0
-
11c · Fees: accounting
total $18,971 · program services $0 · management and general $18,971 · fundraising $0
-
12 · Advertising and promotion
total $190 · program services $190 · management and general $0 · fundraising $0
-
13 · Office expenses
total $478 · program services $0 · management and general $478 · fundraising $0
-
14 · Information technology
total $9,013 · program services $0 · management and general $9,013 · fundraising $0
-
17 · Travel
total $608 · program services $608 · management and general $0 · fundraising $0
-
20 · Interest
total $4,857 · program services $0 · management and general $4,857 · fundraising $0
-
23 · Insurance
total $34,782 · program services $0 · management and general $34,782 · fundraising $0
-
24a · Other expenses: CLEANING
total $850 · program services $0 · management and general $850 · fundraising $0
-
24b · Other expenses: EQUIPMENT RENTAL
total $728 · program services $728 · management and general $0 · fundraising $0
-
24c · Other expenses: BANK FEES
total $88 · program services $0 · management and general $88 · fundraising $0
-
24d · Other expenses: DUES & SUBSCRIPTIONS
total $17 · program services $0 · management and general $17 · fundraising $0
-
24e · All other expenses
total $177,274 · program services $102,376 · management and general $40,447 · fundraising $34,451
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $228,267 · end of year $42,797
-
9 · Prepaid expenses and deferred charges
end of year $6,859
-
10a · Land, buildings and equipment: cost or other basis
$1,990,016
-
10b · Land, buildings and equipment: accumulated depreciation
$1,356,180
-
10c · Land, buildings and equipment, net
beginning of year $323,666 · end of year $633,836
-
15 · Other assets
beginning of year $1,937,279 · end of year $1,954,664
-
17 · Accounts payable and accrued expenses
beginning of year $44,797 · end of year $106,128
-
22 · Loans and payables to officers and key people
beginning of year $19,500 · end of year $19,500
-
25 · Other liabilities
beginning of year $190,020 · end of year $225,374
-
27 · Net assets without donor restrictions
beginning of year $2,224,819 · end of year $2,277,078
-
28 · Net assets with donor restrictions
beginning of year $10,076 · end of year $10,076
Mission and programs · 2024
Mission
TO ENHANCE THE LIVES OF CHILDREN, FAMILIES, AND COMMUNITIES SERVED THROUGH PROGRAMS THAT BUILD SPIRIT, MIND AND BODY WELCOMING ALL PEOPLE.
-
THE RESIDENT HOUSING PROGRAM HAS BEEN SUSPENDED FOR CONSTRUCTION. THE HOUSING HAS MOVED TO MBS HOUSING URBAN RENEWAL,LLC (TAX ID #26-1377293).
-
A FOOD PANTRY WAS ESTABLISHED TO PROVIDE ESSENTIAL NEEDS SUCH AS FOOD AND PERSONAL HYGIENE SUPPLIES NOT ONLY TO RESIDENTS OF MBS HOUSING URBAN RENEWAL, LLC BUT TO ANYONE ELSE IN THE COMMUNITY EXPERIENCING FOOD INSECURITY.
Expenses $103,902 · Revenue $211,047
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ken NilsenKEN NILSEN
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Steven BaumanSTEVEN BAUMAN
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Niall MurrayNIALL MURRAY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Annette TomarazzoANNETTE TOMARAZZO
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Rodger CorradoRODGER CORRADO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Susan LisoviczSUSAN LISOVICZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Juan MelliJUAN MELLI
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Miguel GasparMIGUEL GASPAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Anju StaraceANJU STARACE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Matthew BurneyMATTHEW BURNEY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Andrew PetersANDREW PETERS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Matthew ScaleroMATTHEW SCALERO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Sue EmanuelSUE EMANUEL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Geri FalloGERI FALLO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
David MartinsonDAVID MARTINSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
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.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
MBS HOUSING LLC
C · PARTNER IN URBAN RENEWAL ENTITY · NJ · 100% owned
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 16 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202513219349311631
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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