Pch Village Inc.
Pch Village Inc.
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About this organization
Revenue
$289,101
Expenses
-
Mission
PROVIDE QUALITY RENTAL HOMES IN A WELCOMING, DIVERSE COMMUNITY FOR IN DIVIDUALS AND FAMILIES WHOSE INCOMES RANGE FROM 30% OF THE COUNTY MEDIAN FOR A ONE BEDROOM HOUSEHOLD TO 128% OF THE COUNTY MEDIAN FOR A FOUR PERSON HOUSEHOLD AND WHICH COMPLY WITH GUIDELINES SET BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD).
About
PRINCETON COMMUNITY VILLAGE ASSOCIATES, LP OWNS ALL THE FACILITIES, WHICH WERE CONSTRUCTED IN 1975 UNDER ONE OF HUD'S ORIGINAL INTEREST RATE SUBSIDY PROGRAMS THAT ENABLED COMMUNITIES TO PROVIDE AFFORDABLE HOMES FOR MODERATE INCOME FAMILIES AND INDIVIDUALS OTHERWISE UNABLE TOBENEFIT FROM LOCAL EDUCATION AND EMPLOYMENT OPPORTUNITIES THE VILLAGE IS LOCATED ON A WOODED SITE, WITH OPEN SPACE ACCESS, BIKE PATHS, AND A MUNICIPAL PLAYGROUND RIGHT AT HAND PCH DEVELOPMENT CORPORATION, A 501(C)3 ENTITY, MANAGES THE BUILDINGS AND OPERATIONS OUR STAFF INCLUDES A BILINGUAL SOCIAL SERVICES COORDINATOR TO ASSIST RESIDENTS WITH APPLICATIONS FOR RELEVANT PROGRAMS AND CONNECT THEM WITH COMMUNITY RESOURCES, SUCH AS PRINCETON YOUNG ACHIEVERS (PYA) PYA PROVIDES AFTER-SCHOOL EDUCATIONAL PROGRAMS AT OUR ON-SITE LEARNING CENTER FREE BUS SERVICE TO PRINCETON'S SHOPPING AREAS, LIBRARY, AND SENIOR RESOURCE CENTER OPERATES SIX DAYS A WEEK, AND THE VILLAGE IS LOCATED ON THE NJ TRANSIT BUS ROUTE THAT SERVES THE ENTIRE REGION WE STRIVE TO BUILD A STRONG COMMUNITY AMONG OUR RESIDENTS, WHO HAIL FROM 32 COUNTRIES VILLAGE-WIDE EVENTS, SUCH AS QUARTERLY RESIDENT MEETINGS AND ANNUAL HOLIDAY CELEBRATIONS ARE HELD IN THE TED VIAL CLUBHOUSE BUILDING, NAMED FOR ONE OF THE FOUNDERS OF PRINCETON COMMUNITY VILLAGE THE CLUBHOUSE ALSO PROVIDES SPACE FOR PRIVATE SOCIAL GATHERINGS AND SEMINARS ON TOPICS OF INTEREST TO RESIDENTS, SUCH AS PUBLIC SAFETY, PERSONAL FINANCE, HEALTH AND WELLNESS, AND LEGAL ASSISTANCE. PRINCETON COMMUNITY VILLAGE HAD A CONTRACT FOR 24 RENT SUPPLEMENT SUBSIDY FAMILY-BASED VOUCHERS WHICH EXPIRED IN JANUARY 2015 THE 24 VOUCHERS WERE CONVERTED TO PROJECT-BASED VOUCHERS UNDER HUD'S RENTAL ASSISTANCE DEMONSTRATION OR RAD PROGRAM AND WILL CONTINUE TO BE PROJECT BASED THROUGH 2030 THE 24 NOW ARE ADMINISTERED THROUGH A LOCAL HOUSING AUTHORITY.
Interesting data from their 2020 990 filing
The filing documents outline the non-profit's mission as “Provide individuals and families of low and moderate income with quality homes in a welcoming and diverse community of 168 townhouses with two to four bedrooms and a six-story apartment building with 71 single bedroom apartments we provide social and supportive opportunities and ensure access to resources in the princeton community for our more than600 residents residents whose incomes rise over time are able to remain in their home, at a higher monthly rent princeton community village offers a limited number of federal rent subsidies to 40 lower-income residents, enabling them to pay no more than 30% of their income in rental charges.”.
When outlining the tasks it performs, they were referred to as: “Provide quality rental homes in a welcoming, diverse community for in dividuals and families whose incomes range from 30% of the county median for a one bedroom household to 128% of the county median for a four person household and which comply with guidelines set by the us department of housing and urban development (hud).”.
- The non-profit's reported state of operation is NJ as per legal requirements.
- The filing reveals that the address of the non-profit in 2020 is 1 MONUMENT DRIVE, PRINCETON, NJ, 08540.
- As of 2020, the non-profit has 0 employees reported on their 990 form.
- Is not a private foundation.
- Expenses are less than $100,000.
- Revenue is between $250,000 and $500,000.
- Revenue less expenses is $289,101.
- The organization has 20 independent voting members.
- The organization was formed in 1984.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.