MILLS MEMORIAL SOCIAL SERVICES BUILDING INC

EIN: 841878843 501(c)(3)

NEW BRUNSWICK, NJ

Total Revenue
$31,375
Total Expenses
$464
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
NJ
Principal Officer
BERNEL HALL
Phone
7326402061
Tax Period
2023-10-01 to 2024-04-25

MILLS MEMORIAL SOCIAL SERVICES BUILDING INC, founded in 2019, is a micro nonprofit that reported $31K in total revenue in fiscal year 2023. Revenue surged 6872% from the prior year, signaling strong growth momentum. The organization ran a surplus of $31K, a strong 99% operating margin.

Mission

TO PROVIDE SUITABLE ECONOMICALLY VIABLE OFFICE SPACE FOR SOCIAL SERVICES ORGANIZATIONS IN THE MONTCLAIR AND LARGER NEW JERSEY COMMUNITY WHOSE MISSION IT IS TO PROVIDE SERVICES TO LOW AND MODERATE INCOME PEOPLE, DISTRESSED NEIGHBORHOODS AND AT-RISK COMMUNITIES.

Program Service Accomplishments

Program 1
Expenses: $464

A SUCCESSFUL APPLICATION WAS MADE TO THE MONTCLAIR HISTORIC PRESERVATION COMMISSION FOR THE RENOVATION OF THE EXTERIOR OF THE BUILDING. THIS RENOVATION EFFORT WILL BE PERFORMED UNDER THE SECRETARY OF...

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A SUCCESSFUL APPLICATION WAS MADE TO THE MONTCLAIR HISTORIC PRESERVATION COMMISSION FOR THE RENOVATION OF THE EXTERIOR OF THE BUILDING. THIS RENOVATION EFFORT WILL BE PERFORMED UNDER THE SECRETARY OF THE INTERIOR'S STANDARDS FOR HISTORIC PRESERVATION. THE BUILDINGS AND GROUNDS WERE USED BY VARIOUS NON-PROFIT ORGANIZATIONS FOR THEIR INDIVIDUAL NON-PROFIT PROGRAMMING NEEDS. THE ORGANIZATION FILED FOR DISSOLUTION AND RECEIVED TAX CLEARANCE DATED APRIL 25TH, 2024.

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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 $0
Program Service Revenue $0
Investment Income $31,375
Other Revenue $0
TOTAL REVENUE $31,375

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $464
Other Expenses $464
TOTAL EXPENSES $464

Year-over-Year Comparison

2023 2022 Change
Revenue $31,375 $450 +68.7%
Expenses $464 $13,253 -1.0%
Net Income $30,911 $-12,803 -3.4%
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
5
Independent Members
5
Employees
N/A
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
2
$704,883
Total Directors
6
$522,367
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALLE RIES TRUSTEE 1.00
Director
$0 $0 $0
RICHARD POLTON TRUSTEE 1.00
Director
$0 $0 $0
BERNEL HALL PRESIDENT & CEO 1.00
Officer Director
$0 $38,513 $522,367
KIRAN GAUDIOSO TRUSTEE 1.00
Director
$0 $0 $0
THEODORE O'DELL TRUSTEE 1.00
Director
$0 $0 $0
GREGG B GUNSELMAN SECRETARY 1.00
Director
$0 $0 $0
STEVEN KACZYNSKI CONTROLLER 1.00
Officer
$0 $17,139 $182,516
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 $31,375 $464 No data $30,911
2023 $450 $13,253 $1,664,064 $-12,803
2022 No data $17,665 $1,664,064 No data
2021 No data $443 $1,664,630 No data
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