JOSEPH'S HOUSE OF CAMDEN LLC

EIN: 274417979 501(c)(3) Housing & Shelter

CAMDEN, NJ

Total Revenue
$1,859,796
Total Expenses
$2,099,338
Total Assets
$4,100,676
Net Assets
$3,438,732
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
NJ
Principal Officer
COLANDRA COLEMAN
Phone
8562461087
Tax Period
2024-01-01 to 2024-12-31

JOSEPH'S HOUSE OF CAMDEN LLC, founded in 2010, is a community nonprofit in the Housing & Shelter sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $2.1M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO HOLISTICALLY AND INDIVIDUALLY ENGAGE PEOPLE EXPERIENCING HOMELESSNESS IN GAINING STABILITY AND CONTROL OF THEIR LIVES.

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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 $1,828,485
Program Service Revenue $0
Investment Income $31,311
Other Revenue $0
TOTAL REVENUE $1,859,796

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,611,260
Fundraising Expenses $55,370
Program Expenses $1,993,780
Other Expenses $488,078
TOTAL EXPENSES $2,099,338

Year-over-Year Comparison

2024 2023 Change
Revenue $1,859,796 $1,982,181 -0.1%
Expenses $2,099,338 $1,936,878 +0.1%
Net Income $-239,542 $45,303 -6.3%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
31
Volunteers
N/A

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
4
$136,362
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD F BORDEN VICE CHAIRMAN 5.00
Officer Director
$0 $0 $0
FR MICHAEL MCCUE OSFS SECRETARY 5.00
Officer Director
$0 $0 $0
PATRICK HURLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ERIN HADDEN BOARD MEMBER 1.00
Director
$0 $0 $0
DEACON WILLIAM SLAVEN CHAIRMAN 5.00
Officer Director
$0 $0 $0
CHRIS HOUSTON-LACY BOARD MEMBER 1.00
Director
$0 $0 $0
EILEEN WOOD BOARD MEMBER 1.00
Director
$0 $0 $0
RAYMOND BARALDI BOARD MEMBER 1.00
Director
$0 $0 $0
LEONARD DIPAUL BOARD MEMBER 1.00
Director
$0 $0 $0
THEMBI MAIDEN BOARD MEMBER 1.00
Director
$0 $0 $0
COLANDRA COLEMAN EXECUTIVE DIR. 40.00
Officer
$136,362 $0 $136,362
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
2024 $1,859,796 $2,099,338 $4,100,676 $-239,542
2023 $1,982,181 $1,936,878 $4,447,372 $45,303
2022 $2,181,215 $1,768,211 $4,322,666 $413,004
2021 $2,207,641 $1,615,745 $3,884,842 $591,896
2020 $1,851,069 $1,554,960 $3,357,795 $296,109
2019 $2,174,565 $1,209,268 $3,075,796 $965,297
2018 $1,066,377 $1,028,474 $1,616,617 $37,903
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