AI Summary
RIESE PROJECTS URBAN RENEWAL CORPORATION is a nonprofit organization focused on housing development, specifically managing a 201-unit apartment project for the elderly in Paterson, NJ. With an operating budget of $2.7 million and total revenue of $3 million for the 2024 filing year, the organization is regulated under Section 236 of the National Housing Act by the New Jersey Housing Mortgage and Finance Agency and the U.S. Department of Housing and Urban Development. There is no indication that it relies on a single funder for 50% or more of its revenue.
Mission Statement
THE PROJECT IS A 201 UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN PATERSON, NJ. THE PROJECT IS OPERATED UNDER SECTION 236 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE NEW JERSEY HOUSING MORTGAGE AND FINANCE AGENCY (NJHMFA) AND THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
Cause Areas
1
Housing development
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is RIESE PROJECTS URBAN RENEWAL CORPORATION’s budget?
In 2024, RIESE PROJECTS URBAN RENEWAL CORPORATION reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does RIESE PROJECTS URBAN RENEWAL CORPORATION support?
RIESE PROJECTS URBAN RENEWAL CORPORATION supports work in Housing development.
Where does RIESE PROJECTS URBAN RENEWAL CORPORATION operate?
RIESE PROJECTS URBAN RENEWAL CORPORATION is headquartered in Paterson, NJ.