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Nonprofits›Monarch Housing Associates Inc

Housing & Shelter

Monarch Housing Associates Inc

CRANFORD, NJ

Website

Total revenue

$4.5M

Total expenses

$2.5M

Net assets

$3.9M

Grants received

$1.3M

22 grants

EIN

223094991

Tax year

2024

Mission

Every person will have quality affordable, permanent housing that fosters freedom, independence

Programs

2 programs

In 2023 Monarch secured a new grant for work around Diversity in Development. The project provides enhanced supports for emerging developers to support their entry into the affordable housing development space.

Expenses: $255K

The Community Led Planning Development Project CLPD works to ensure people impacted by homelessness are part of the decision-making structure to guide policies, funding, and regulation development to ensure equitable access and success in systems designed to end homelessness.

Expenses: $154K

Financials

FY 2024

Revenue

Contributions & grants$2.8M

Program service revenue$1.8M

Investment income—

Other revenue—

Total revenue$4.5M

Expenses

Grants paid—

Salaries & benefits$1.8M

Fundraising$106K

Other expenses$610K

Total expenses$2.5M

Total assets$4.5M

Net assets$3.9M

People

12 listed

NameRoleCompensation

TAIISA KELLY

CEO

Board

$152K

40 hrs/wk

MARCUS RANDOLPH

CHAIRPERSON

Board

—

2 hrs/wk

LAVERNE WILLIAMS

VICE CHAIRPERSON

Board

—

2 hrs/wk

LAURA RODGERS

TREASURER

Board

—

2 hrs/wk

SHARON COCKEY

SECRETARY

Board

—

1 hrs/wk

HARRY COE

TRUSTEE

Board

—

1 hrs/wk

HASAN PRIDE

TRUSTEE

Board

—

1 hrs/wk

ZAKIYYAH WILSON

TRUSTEE

Board

—

1 hrs/wk

MINOSKA MATEO

TRUSTEE

Board

—

1 hrs/wk

ROBERT J KLEY

TRUSTEE

Board

—

1 hrs/wk

MARYANNE GUENTHER

TRUSTEE

Board

—

1 hrs/wk

FLOYD J SLATEN

TRUSTEE

Board

—

1 hrs/wk

Grants received

Showing 22 of 22

FromAmountPurposeYear

THE ROBERT WOOD JOHNSON FOUNDATION

$324K

82397 SUPPORTING MONARCH HOUSING ASSOCIATES' GROWTH AND DEVELOPMENT AS A KEY ACTOR IN MAKING HOUSING A HUMAN RIGHT IN NEW JERSEY

2024

THE ROBERT WOOD JOHNSON FOUNDATION

$283K

80363 INCREASING AFFORDABLE-HOUSING OPPORTUNITIES BY SUPPORTING DEVELOPERS FROM UNDERSERVED COMMUNITIES

2024

SCHUMANN FUND FOR NEW JERSEY INC

$50K

PROGRAM/PROJECT SUPPORT

2024

PARTNERS FOR HEALTH INC

$30K

PROGRAM SUPPORT - HOUSING, HOMELESSNESS PREVENTION

2024

THE ROBERT WOOD JOHNSON FOUNDATION

$25K

82041 SUPPORTING THE MONARCH HOUSING ASSOCIATES' 2024 CONFERENCE, HOUSING AS A HUMAN RIGHT: FROM INNOVATION TO IMPACT

2024

CPAC THE COMMUNITY PLANNING

$14K

SOCIAL SERVICES

2024

GERALDINE R DODGE FOUNDATION INC

$75K

GENERAL OPERATING SUPPORT

2023

NEW VENTURE FUND

$50K

CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY

2023

FM KIRBY FOUNDATION INC

$25K

ONE-TIME SUPPORT OF THE MORRIS COUNTY LANDLORD SUPPORT PROJECT

2023

COLUMBIA BANK FOUNDATION

$25K

LARGE HOUSING GRANT - EMERGING PIPELINE DEVELOPMENT PROJECT

2023

PARTNERS FOR HEALTH INC

$10K

IMPLEMENTATION OVERSIGHT - UNHOUSED MONTCLAIR STRATEGIC PLAN

2023

COLUMBIA BANK FOUNDATION

$8K

HOUSING AS A HUMAN RIGHT, 10/3/23, KEYNOTE/PLENARY SPONSOR

2023

COLUMBIA BANK FOUNDATION

$1K

HOUSING AS A HUMAN RIGHT, 10/6/22, SESSION/PANEL SPONSOR

2023

THE ROBERT WOOD JOHNSON FOUNDATION

$258K

80363 INCREASING AFFORDABLE-HOUSING OPPORTUNITIES BY SUPPORTING DEVELOPERS FROM UNDERSERVED COMMUNITIES

2022

THE ROBERT WOOD JOHNSON FOUNDATION

$51K

79761 GENERAL OPERATING SUPPORT FOR MONARCH HOUSING ASSOCIATES INC.

2022

THE ROBERT WOOD JOHNSON FOUNDATION

$25K

79971 SUPPORTING A MONARCH HOUSING ASSOCIATES' EVENT, HOUSING AS A HUMAN RIGHT: EXPLORING PARTNERSHIPS, INNOVATION, AND EQUITY

2022

COLUMBIA BANK FOUNDATION

$10K

CHARITABLE GIVING/GENERAL SUPPORT - HOUSING AS A HUMAN RIGHT: EXPLORING PARTNERSHIPS, INNOVATION, AND EQUITY

2022

COMMUNITY FOUNDATION OF NEW JERSEY

$10K

UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE

2022

SCHUMANN FUND FOR NEW JERSEY INC

$7K

PROGRAM/PROJECT SUPPORT - DEVELOP A STRATEGIC PLAN TO END HOMELESSNESS IN MONTCLAIR

2022

PARTNERS FOR HEALTH INC

$7K

AFFORDABLE HOUSING COLLABORATIVE

2022

INVESTORS FOUNDATION INC

$3K

GENERAL SUPPORT

2022

CITIZENS PHILANTHROPIC FOUNDATION INC

$1K

HOUSING AS A HUMAN RIGHT: EXPLORING PARTNERSHIPS, INNOVATION, AND EQUITY

2022

Funded by

$1.3M from 11 funders · 22 grants · 2022–2024

The Robert Wood Johnson Foundation

$965K · 6 grants · 2022–2024

Geraldine R Dodge Foundation Inc

$75K · 1 grant · 2023

Schumann Fund For New Jersey Inc

$57K · 2 grants · 2022–2024

New Venture Fund

$50K · 1 grant · 2023

Partners For Health Inc

$47K · 3 grants · 2022–2024

Columbia Bank Foundation

$44K · 4 grants · 2022–2023

Fm Kirby Foundation Inc

$25K · 1 grant · 2023

Cpac The Community Planning

$14K · 1 grant · 2024

Details

EIN223094991

NTEE codeL80Z

Subsection03

Ruling date1991-06

Formed1990

Employees20