NonprofitsOyster Bay Urban Renewal Inc

Housing & Shelter

Oyster Bay Urban Renewal Inc

KEYPORT, NJ

Total revenue

$4.2M

Total expenses

$3.6M

Net assets

$8.8M

Grants received

EIN

237242529

Tax year

2023

Mission

The purpose of the corporation is to build and operate low and moderate income housing under a section 236 interest reduction program for 208 units.

Financials

FY 2023

Revenue

Contributions & grants$2.6M
Program service revenue$1.5M
Investment income$124K
Other revenue$30K
Total revenue$4.2M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$3.6M
Total expenses$3.6M
Total assets$24.1M
Net assets$8.8M

People

5 listed

NameRoleCompensation

JOSEPH CAREY

PRESIDENT

Board

1 hrs/wk

CHRIS BURNS

VICE PRESIDENT

Board

1 hrs/wk

MICHAEL WALLING

SECRETARY/TREASURER

Board

1 hrs/wk

CYNTHIA WEBER

DIRECTOR

Board

1 hrs/wk

NICHOLAS VECCHIO

DIRECTOR

Board

1 hrs/wk

Independent contractors

CMC LIMITED INC

EMPLOYEE LEASING

$475K

WORLD INSURANCE ASSOCIATES LLC

INSURANCE

$366K

COUGHLIN MANAGEMENT COMPANY

PROPERTY MANAGEMENT

$176K

Details

EIN237242529
NTEE codeL21
Subsection03
Ruling date2001-08
Formed1972
Employees9
Volunteers0
OYSTER BAY URBAN RENEWAL INC — Mission, Financials & Grants Received | Grantivo