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MARGERT COMMUNITY CORPORATION
FAR ROCKAWAY, NY · EIN 112534700 · Form 990 · FY2024 · NTEE L81Z · Housing & Shelter · Medium ($1M-$10M)
revenue
$2.7M
expenses
$2.7M
net assets
$2.6M
employees
9
volunteers
6
program ratio
87%
mission · from form 990

MARGERT COMMUNITY CORPORATION PROVIDES NEIGHBORHOOD PRESERVATION SERVICES, HOUSING ASSISTANCE, AND HOUSING COUNSELING TO LOW-INCOME TENANTS AND HOMEOWNERS, THE ELDERLY, AND PERSONS WITH DISABILITIES.

profile · synthesized from sources

MARGERT COMMUNITY CORPORATION provides housing counseling, rehabilitation, and purchase assistance to low-income tenants and homeowners, the elderly, and persons with disabilities. The organization focuses on neighborhood preservation and affordable housing services in Far Rockaway, NY. It also administers weatherization assistance programs leveraging public and private investment.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $184K
    COMMUNITY-BASED AFFORDABLE HOUSING SERVICES INCLUDING HOUSING COUNSELING, REHABILITATION, PURCHASE ASSISTANCE, ETC.
  2. #2 $151K
    WEATHERIZATION ASSISTANCE PROGRAM OWNER INVESTMENT LEVERAGED FUNDS.
named programs · 2 · from sources

What they call their work

Community-Based Affordable Housing Services
Provides housing counseling, rehabilitation, and home purchase assistance to low-income residents, elderly individuals, and persons with disabilities in Far Rockaway, NY.
Weatherization Assistance Program
Leverages public and private funds to improve energy efficiency in homes owned by low-income households through weatherization upgrades.
activities · 2 groups

What they do

  • Low-Income Home Energy Efficiency Upgrades 1 activity
    • Implements weatherization assistance program
      Delivers weatherization services to improve energy efficiency in homes, funded in part by owner investment funds.
  • First-Time Homebuyer Support Services 1 activity
    • Provides community-based affordable housing services
      Offers housing counseling, rehabilitation, and home purchase assistance to support affordable housing access for community residents.
financials · form 990 · fy2024
revenue
Total revenue$2.70M
Contributions & grants$2.69M100%
Program service revenue$11K0%
Investment income$140%
Other revenue$500
expenses
Total expenses$2.69M
Program expenses87%
Admin / overhead11%
Fundraising2%
Salaries & benefits$1.43M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$3.23M
Cash$188K
Investments$0
Liabilities$624K
Net assets$2.60M
Liquid reserves0.8 mo
6 years on record · 2019–2024 · YoY revenue -20.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
JOSEPH G BARDEN NON-VOTING SECRETARY/EXECUTIVE DIRECT 35 $212K
KANDLSON ESTEPHANE PRODUCTION COORDINATOR 35 $188K
STEPHANIE LAWES HOUSING DIRECTOR 35 $186K
WAYNE MURCHISON WEATHERIZATION DIRECTOR 35 $171K
JULISSA ARIAS INTAKE SUPERVISOR 35 $125K
board members · 5
  • ADALBERTO MONTERO — VICE CHAIRPERSON
  • DAISIE RODRIGUEZ — DIRECTOR
  • REV DAVID BERTOLOTTI — DIRECTOR
  • REV FRANCIS SHANNON — CHAIRPERSON
  • VIRGILIA SCHIAVONE — DIRECTOR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Housing Stability Through Targeted Counseling
    methodology: community-based_housing_counseling
    By providing housing counseling tailored to vulnerable populations—such as low-income tenants, elderly individuals, and people with disabilities—we promote stable and affordable housing because targeted support addresses systemic barriers to housing security.