DIOCESAN HOUSING SERVICES CORPORATION OF THE DIOCESE OF CAMDEN INC

EIN: 010592402 501(c)(3)

CAMDEN, NJ

Total Revenue
$2,295,784
Total Expenses
$1,032,715
Total Assets
$13,135,041
Net Assets
$13,028,160
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
NJ
Principal Officer
PETER J O'CONNOR ESQ
Phone
8563424100
Tax Period
2024-07-01 to 2025-06-30

DIOCESAN HOUSING SERVICES CORPORATION OF THE DIOCESE OF CAMDEN INC, founded in 2000, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 55% operating margin.

Mission

DIOCESAN HOUSING SERVICES WAS ESTABLISHED WITH THE PURPOSE OF PROVIDING AFFORDABLE HOUSING AND HOUSING RELATED SERVICES FOR SENIORS AND/OR FAMILIES EARNING VERY LOW, LOW, AND MODERATE INCOMES THROUGHOUT THE NEW JERSEY COUNTIES OF ATLANTIC, BURLINGTON, CAMDEN, CAPE MAY, CUMBERLAND, GLOUCESTER AND SALEM. OUR WORK IS ROOTED IN THE LAWS, TEACHINGS, SOCIAL MINISTRY, AND MORAL PRACTICES OF THE ROMAN CATHOLIC CHURCH, TO PROVIDE SERVICES TO PEOPLE IN NEED ON A NON-SECTARIAN AND NON-DISCRIMINATORY BASIS.

Program Service Accomplishments

Program 1
Expenses: $626,082 Revenue: $2,241,371

PROVIDING AFFORDABLE HOUSING AND HOUSING RELATED SERVICES FOR SENIORS AND/OR FAMILIES EARNING VERY LOW, LOW, AND MODERATE INCOMES THROUGHOUT THE NEW JERSEY COUNTIES OF ATLANTIC, BURLINGTON, CAMDEN...

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PROVIDING AFFORDABLE HOUSING AND HOUSING RELATED SERVICES FOR SENIORS AND/OR FAMILIES EARNING VERY LOW, LOW, AND MODERATE INCOMES THROUGHOUT THE NEW JERSEY COUNTIES OF ATLANTIC, BURLINGTON, CAMDEN, CAPE MAY, CUMBERLAND, GLOUCESTER AND SALEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $2,109,490
Investment Income $54,413
Other Revenue $131,881
TOTAL REVENUE $2,295,784

Expense Breakdown

Grants Paid $5,000
Salaries & Benefits $807,364
Fundraising Expenses $0
Program Expenses $626,082
Other Expenses $220,351
TOTAL EXPENSES $1,032,715

Year-over-Year Comparison

2024 2023 Change
Revenue $2,295,784 $1,250,830 +0.8%
Expenses $1,032,715 $922,454 +0.1%
Net Income $1,263,069 $328,376 +2.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
43
Volunteers
7

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$239,483
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PETER J O'CONNOR ESQ PRESIDENT 1.00
Officer Director
$0 $0 $0
REVEREND THOMAS NEWTON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LAUREL MONTGOMERY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
MONSIGNER JOHN BURTON TRUSTEE 1.00
Director
$0 $0 $0
SEAN CLOSKEY TRUSTEE 1.00
Director
$0 $0 $0
REVERREND SANJAI DEVIS TRUSTEE 1.00
Director
$0 $0 $0
REVEREND WALTER NORRIS ESQ TRUSTEE 1.00
Director
$0 $0 $0
JAMES REYNOLDS EXECUTIVE DIRECTOR 35.00
Officer
$172,720 $5,300 $178,020
ROBERT WAITE CONTROLLER 1.00
Officer
$0 $16,916 $61,463
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $2,295,784 $1,032,715 $13,135,041 $1,263,069
2024 $1,250,830 $922,454 $4,624,984 $328,376
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