Is Jersey City Uaw Senior Citizens Housing A Non Profit Corporation Legit?

Jersey City Uaw Senior Citizens Housing A Non Profit Corporation demonstrates consistent financial operations focused on its mission of providing senior citizen housing. The organization's revenue has shown a steady increase over the past decade, growing from $1,278,854 in 2014 to $1,971,909 in 2023, indicating stable funding. Spending efficiency appears reasonable, with expenses generally tracking closely to revenue, suggesting that funds are being utilized for operational costs. For instance, in 2023, expenses were $1,715,716 against revenues of $1,971,909, resulting in a surplus. The organization's transparency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings, which suggests a commitment to directing resources towards its programs rather than executive salaries. While liabilities have consistently exceeded assets, this is not uncommon for housing organizations that may carry significant mortgage debt, and the trend shows a gradual reduction in liabilities relative to assets over time.