Nonprofit · EIN 22-2589999
HEART OF CAMDEN INC
Tax-exempt · CAMDEN, NJ 08104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,187,226 | $1,270,362 | -$83,136 | $624,626 | $366,357 | $258,269 |
| December 31, 2023 | 990 | $838,334 | $733,513 | $104,821 | $604,036 | $82,091 | $521,945 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $990,671
- of which government grants
- $541,339
- Program service revenue
- $18,734
- Investment income
- $111,861
- Net gain from sales of assets
- $111,823
- Net income from fundraising events
- $65,960
- Other revenue
- $65,960
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,000
- Other salaries and wages
- $190,767
- Salaries, compensation and benefits (total)
- $373,158
- Professional fundraising fees
- $0
- Accounting fees
- $22,720
- Occupancy
- $582,213
- Depreciation
- $13,215
- Program services (functional)
- $1,080,758
- Management and general (functional)
- $133,996
- Fundraising (functional)
- $55,608
Balance sheet and other
- Total assets, start of year
- $604,036
- Total assets, end of year
- $624,626
- Total liabilities, end of year
- $366,357
- Net assets, end of year
- $258,269
- Land, buildings and equipment
- $136,639
- Net assets without donor restrictions
- -$52,495
- Net assets with donor restrictions
- $310,764
- Gross receipts
- $1,203,417
- Employees
- 11
- Volunteers
- 200
- Year formed
- 1984
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CARLOS MORALES | EXECUTIVE DIRECTOR Officer | 40 | $115,000 | $3,394 |
| BEN HILL | PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| PEPE PIPERNO | VICE PRESIDENT Trustee or director, Officer | 4 | $0 | $0 |
| JANICE M LYNCH | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| JOHN S MAPES | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| TIMOTHY HEATWOLE SHENK | MEMBER Trustee or director | 1 | $0 | $0 |
| MIKE VASSALOTTI | MEMBER Trustee or director | 1 | $0 | $0 |
| STEVE AYSCUE | MEMBER Trustee or director | 1 | $0 | $0 |
| ANDY KRICUN | MEMBER Trustee or director | 1 | $0 | $0 |
| TABATHA STEPHENS-SCOTT | MEMBER Trustee or director | 1 | $0 | $0 |
| ABBY BARKSDALE | MEMBER Trustee or director | 1 | $0 | $0 |
| JACLYN BARNES | MEMBER Trustee or director | 1 | $0 | $0 |
| CARLA FERRARA | MEMBER Trustee or director | 1 | $0 | $0 |
| FR VINCENT GUEST | MEMBER Trustee or director | 1 | $0 | $0 |
| PORTIA SIMMONS | MEMBER Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CANDACE WALKER | MEMBER Trustee or director | 1 | $0 |
| LISA OFFT | MEMBER Trustee or director | 1 | $0 |
| MARY LAMB | MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CARLOS MORALES | EXECUTIVE DIRECTOR Officer | 40 | $105,000 |
| BEN HILL | PRESIDENT Trustee or director, Officer | 4 | $0 |
| PEPE PIPERNO | VICE PRESIDENT Trustee or director, Officer | 4 | $0 |
| JANICE M LYNCH | SECRETARY Trustee or director, Officer | 4 | $0 |
| JOHN S MAPES | TREASURER Trustee or director, Officer | 4 | $0 |
| TIMOTHY HEATWOLE SHENK | MEMBER Trustee or director | 1 | $0 |
| MIKE VASSALOTTI | MEMBER Trustee or director | 1 | $0 |
| NICK CANGELOSI | MEMBER Trustee or director | 1 | $0 |
| STEVE AYSCUE | MEMBER Trustee or director | 1 | $0 |
| SANDRA KELLY | MEMBER Trustee or director | 1 | $0 |
| GLISELLE DEL VALLE | MEMBER Trustee or director | 1 | $0 |
| ANDY KRICUN | MEMBER Trustee or director | 1 | $0 |
| TABATHA STEPHENS-SCOTT | MEMBER Trustee or director | 1 | $0 |
| ABBY BARKSDALE | MEMBER Trustee or director | 1 | $0 |
| JACLYN BARNES | MEMBER Trustee or director | 1 | $0 |
| CARLA FERRARA | MEMBER Trustee or director | 1 | $0 |
| FR VINCENT GUEST | MEMBER Trustee or director | 1 | $0 |
| PORTIA SIMMONS | MEMBER Trustee or director | 1 | $0 |
| CANDACE WALKER | MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1840 S BROADWAY, CAMDEN, NJ 08104-1334
- Principal officer (990 for 2024)
- CARLOS MORALES, 1840 BROADWAY, CAMDEN, NJ 08104
- Signed the 990
- CARLOS MORALES, EXECUTIVE DIRECTOR
- Phone
- (856) 966-1212
- Website
- HTTP://HEARTOFCAMDEN.ORG
- Return prepared by
- RUOTOLO SPEWAK & CO
Mission
RESTORE DIGNITY AND THE QUALITY OF LIFE OF THE RESIDENTS OF THE WATERFRONT SOUTH COMMUNITY IN CAMDEN, NEW JERSEY THROUGH PROGRAMS FOR HOUSING RESTORATION, ECONOMIC EXPANSION AND HUMAN DEVELOPMENT.
Program accomplishments
- COMMUNITY DEVELOPMENT - THE ORGANIZATIONS HOUSING PROGRAM PROVIDES REHABILITATED HOMES TO LOW AND MODERATE INCOME FAMILIES IN CAMDEN, NEW JERSEY, AND IS SUPPORTED PRIMARILY THROUGH DONOR CONTRIBUTIONS, GRANTS, AND FUNDRAISING. THE ORGANIZATION ASSISTS QUALIFIED BUYERS OBTAIN MORTGAGES FROM REPUTABLE LENDERS FOR COMPLETED PROPERTIES. IN ADDITION TO HOUSING, THE ORGANIZATION FOCUSES ON FULL NEIGHBORHOOD REVITALIZATION VIA NON-HOUSING NEIGHBORHOOD PROJECTS AND PARTNERSHIPS.Expenses $419,048 · revenue $18,734
- COMMUNITY SERVICE - THE ORGANIZATION WORKS WITH THE COMMUNITY THEY SERVE AND PARTICIPATES IN VARIOUS FORUMS TO DISCUSS THE NEEDS OF THE NEIGHBORHOOD. THE ORGANIZATION IS THE BACKBONE FOR MANY SERVICES PROVIDED TO THE COMMUNITY VIA SERVING THE ADMINISTRATIVE NEEDS TO SUPPORT THE VALUE COMMUNITY OFFERINGS OF SMALLER NEIGHBORHOOD ORGANIZATIONS INCLUDING THE CENTER FOR ENVIRONMENTAL TRANSFORMATION, ST. VINCENT DE PAULS SATURDAY COMMUNITY MEAL PROGRAM AND CLOTHES FROM THE HEART.Expenses $661,710
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2589999
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $624,626
- Income (IRS master file)
- $1,203,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,187,226 | $1,270,362 | $624,626 | IRS |
| 990 | December 2023 | $838,334 | $733,513 | $604,036 | XML |
| 990 | December 2022 | $925,806 | $803,125 | $553,768 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2589999).
Questions about HEART OF CAMDEN INC
- What is the EIN of HEART OF CAMDEN INC?
- The employer identification number (EIN) of HEART OF CAMDEN INC is 22-2589999.
- Is HEART OF CAMDEN INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to HEART OF CAMDEN INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HEART OF CAMDEN INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HEART OF CAMDEN INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HEART OF CAMDEN INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of HEART OF CAMDEN INC?
- The 990 for the year ended December 31, 2024 names CARLOS MORALES.
- Who are the officers and directors of HEART OF CAMDEN INC?
- The 990 for the year ended December 31, 2024 lists 18 people; 1 received compensation from the organization, the highest $115,000 (CARLOS MORALES, EXECUTIVE DIRECTOR).
- How much revenue does HEART OF CAMDEN INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,187,226, expenses of $1,270,362 and total assets of $624,626 at year end.
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