Civic Intelligence

Nj Affordable Housing Preservation

EIN 45-1161860 • 501(c)3 • Cherry Hill, NJ

Revoked990-N Coverage

Profile

To acquire, maintain and operate affordable housing properties with excellence so that they are preserved for the long term benefit of the population for whom they were originally developed.

Revocation date: May 15, 2025

457 Haddonfield Rd Suite 705Cherry Hill, NJ 08002
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

73rd percentile

0.02x

Higher debt load relative to revenue than 73% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

95th percentile

78%

Higher net margin than 95% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Balance Sheet
Liabilities / Assets72nd percentile

Assets

$157,781

No earlier filing loaded for comparison.

Liabilities

$5,000

No earlier filing loaded for comparison.

Net Assets

$152,781

No earlier filing loaded for comparison.

Operations
Liabilities / Revenue73rd percentileNet Margin95th percentile

Revenue

$251,809

No earlier filing loaded for comparison.

Expenses

$56,187

No earlier filing loaded for comparison.

Net Income

$195,622

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2018: $157,781Liabilities 2018: $5,000Net Assets 2018: $152,7812018

Highlighted filing

2018

Assets$157,781
Liabilities$5,000
Net Assets$152,781
Open 2018 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2018: $251,809Expenses 2018: $56,187Net Income 2018: $195,6222018

Highlighted filing

2018

Revenue$251,809
Expenses$56,187
Net Income$195,622
Open 2018 Filing

Filings

Most recent year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$157,781
Liabilities
$5,000
Net assets
$152,781
Revenue
$251,809
Expenses
$56,187
Net income
$195,622
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$1.58$0.05$1.53$2.52$0.56$1.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Jun 18, 2019
Return Version
2018v3.1
Gross Receipts
$251,809
Mission and Program Overview

Mission

To acquire, maintain and operate affordable housing properties with excellence so that they are preserved for the long term benefit of the population for whom they were originally developed.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$125,983-
Cash and Non-Interest-Bearing Accounts$11,633$31,798▲ $20,165
Total Assets$11,633$157,781▲ $146,148
Liabilities
Other Liabilities$54,474--
Accounts Payable and Accrued Expenses-$5,000-
Total Liabilities$54,474$5,000▼ $49,474
Net Assets / Fund Balance
Unrestricted Net Assets$-42,841$152,781▲ $195,622
Total Net Assets Fund Balance$-42,841$152,781▲ $195,622
Total Liabilities and Net Assets / Fund Balance$11,633$157,781▲ $146,148
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Justin AckermanPresident
Gary Backinoff EsqBoard Member
George CowdenBoard Member
Rob WillisBoard Member
JOHN D'ANASTASIOSecretary/tr
Anthony CupanoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$250,826
Program Service Revenue
$0
Investment Income
$983
Other Revenue
$0
Change in Net Assets
$195,622
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$56,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other-$55,000-$55,000
Fees for Services Legal-$969-$969
Other Expenses$200$18-$18
Total Functional Expenses$200$55,987$0$56,187
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Reviewed by management and the board.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Nj Affordable Housing Preservation
EIN
45-1161860
Address
457 HADDONFIELD RD SUITE 705, CHERRY HILL, NJ 08002

Signing Officer

Name
Justin Ackerman
Title
President
Phone
8564861990
Signed
2019-06-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Justin Ackerman
Formed
2014
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Joseph W Bowley & Co Llp
Address
27 W CHURCH ST, BLACKWOOD, NJ 08012
Preparer
Jeffrey J Bowley CPA
Phone
8562288006
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“To acquire, maintain and operate affordable housing properties with excellence so that they are preserved for the long term benefit of the population for whom they were originally developed.”

Form 990, Part IX, Line 11G

“CONSULT FEE 0 55,000 0”

Raw XML Appendix276 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
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IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt2BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY/TR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02014
IRS990/FormerOfcrEmployeesListedInd0false
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/IndependentVotingMemberCnt06
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
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IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd0false
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IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
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IRS990/MoreThan5000KToIndividualsInd0false
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1BANK CHARGES
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IRS990/OtherExpensesGrp/ProgramServicesAmt0200
IRS990/OtherExpensesGrp/TotalAmt0200
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ReturnHeader/Filer/BusinessNameControlTxt0NJAF
ReturnHeader/Filer/EIN0451161860
ReturnHeader/Filer/USAddress/AddressLine1Txt0457 HADDONFIELD RD SUITE 705
ReturnHeader/Filer/USAddress/CityNm0CHERRY HILL
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ReturnHeader/FilingSecurityInformation/IPTm008:17:20
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt027 W CHURCH ST
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008012
ReturnHeader/PreparerPersonGrp/PhoneNum08562288006
ReturnHeader/PreparerPersonGrp/PreparationDt02019-06-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY J BOWLEY CPA
ReturnHeader/ReturnTs02019-06-27T08:17:20-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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