Margate Terrace Development Corporation

Housing & shelter organization based in Margate, NJ.0 Exempt under §501(c)(3).

MissionTo serve as the developer for Margate Terrace Corporation, a New Jersey Nonprofit corporation and otherwise assist Margate Terrace Corporation with respect to the ownership, financing, rehabilitation, renovation, maintenance and/or operation of a 75 unit low-income elderly and

EIN
81-5019694
State
NJ
Sector
Housing & shelter
Budget band
<$250K
Latest filing
TY 2023
Records
—

Financial snapshot · TY 2023

$19K
Total revenue
$18K
Total expenses
$933K
Net assets

Financial health · TY 2023

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
100
611.6 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
0
Mix of program fees, grants & contributions

No individual compensation data available.

This organization files with the IRS but does not report individual compensation on Form 990 Part VII.

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Margate Terrace Development Corporation Executive Compensation | 990 Data | DoubleNine