CARNEYS POINT INC

EIN: 521130678 501(c)(3) Housing & Shelter

CARNEYS POINT, NJ

Total Revenue
$1,149,032
Total Expenses
$917,310
Total Assets
$3,645,185
Net Assets
$3,160,271
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
NJ
Principal Officer
SUSAN GRAHAM
Phone
8562996611
Tax Period
2023-01-01 to 2023-12-31

CARNEYS POINT INC, founded in 1979, is a community nonprofit in the Housing & Shelter sector that reported $1.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $232K, a strong 20% operating margin.

Mission

TO PROVIDE HOUSING FOR LOW INCOME INDIVIDUALS

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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 (2023)

Revenue Breakdown

Contributions & Grants $669,358
Program Service Revenue $0
Investment Income $30,242
Other Revenue $449,432
TOTAL REVENUE $1,149,032

Expense Breakdown

Grants Paid $0
Salaries & Benefits $303,124
Fundraising Expenses $0
Program Expenses $746,471
Other Expenses $614,186
TOTAL EXPENSES $917,310

Year-over-Year Comparison

2023 2022 Change
Revenue $1,149,032 $999,872 +0.1%
Expenses $917,310 $811,248 +0.1%
Net Income $231,722 $188,624 +0.2%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
5
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
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARITA I RODRIGUEZ PRESIDENT 1.00
Officer Director
$0 $0 $0
EMMA JEAN SHOCKLEY VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
WAYNE C CHEESEMAN TREASURER 1.00
Officer Director
$0 $0 $0
PATRICIA L GANT SECRETARY 1.00
Officer Director
$0 $0 $0
JEANETTE HARBESON DIRECTOR 1.00
Director
$0 $0 $0
DR ANTHONY J RAPONE DIRECTOR 1.00
Director
$0 $0 $0
NELLIE RODRIGUEZ DIRECTOR 1.00
Director
$0 $0 $0
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 No data No data No data No data
2023 $1,149,032 $917,310 $3,645,185 $231,722
2022 $999,872 $811,248 $3,524,469 $188,624
2022 $999,872 $811,248 $3,524,469 $188,624
2021 $1,065,754 $792,747 $3,462,066 $273,007
2020 $980,837 $810,309 $3,304,673 $170,528
2019 $979,924 $780,675 $3,234,296 $199,249
2018 $943,063 $784,925 $3,133,488 $158,138
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