NEWARK AFFORDABLE HOUSING COALITION

EIN: 850819973 501(c)(3) Housing & Shelter

NEWARK, NJ

Total Revenue
N/A
Total Expenses
$113,837
Total Assets
$360,347
Net Assets
$360,347
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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
2023
Legal Domicile
NJ
Principal Officer
TASEEN PETERSON
Phone
9736876560
Tax Period
2025-01-01 to 2025-12-31

Mission

THE PURPOSE FOR WHICH THIS CORPORATION IS ORGANIZED IS THE RECOGNITION OF THE MUTUAL CONCERN AND COMMON INTERESTS TO ACHIEVE BETTER LIVING ENVIRONMENTS FOR THE RESIDENTS OF THE CITY OF NEWARK, INCLUDING BUT NOT LIMITED TO THOSE RESIDING WITHIN UNITS OWNED AND/OR OPERATED BY THE NEWARK HOUSING AUTHORITY, AND THE STATE OF NEW JERSEY THROUGH PROVIDING DECENT, SAFE AND AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME FAMILIES,INCLUDING NECESSARY SOCIAL PROGRAMS AND JOB OPPORTUNITIES FOR RESIDENTS WHEN POSSIBLE.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $113,837
TOTAL EXPENSES $113,837

Year-over-Year Comparison

2025 2024 Change
Revenue N/A N/A N/A
Expenses $113,837 $77,689 +0.5%
Net Income N/A $-77,689 N/A
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
3
Independent Members
3
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
3
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TASEEN PETERSON SECRETARY/TR N/A
Officer Director
$0 $0 $0
MARTINIQUE COSTA TRUSTEE N/A
Officer
$0 $0 $0
GREGORY GOOD PRESIDENT N/A
Officer
$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
2025 No data $113,837 $360,347 No data
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