Mission
THE PURPOSE OF THE CORPORATION IS (A) TO PROVIDE AFFORDABLE, LOW INCOME HOUSING TO CLIENTS OF ALTERNATIVES, INC., A NEW JERSEY NOT-FOR-PROFIT CORPORATION (SEE SCHEDULE O FOR DETAILS).
Public Charity
ADTI Housing Corp
ADTI Housing Corp, of Raritan, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.7M in revenue, $1.6M in expenses, $10.2M in total assets. IRS filings disclose 5 grants awarded by this foundation, totaling roughly $419K.
EIN: 223226571
Raritan, NJ
Housing Development, Construction & Management
NTEE: L20
Latest filing: 2025
Total Revenue$1.7M
Total Expenses$1.6M
Total Assets$10.2M
Grants Given5
Grant Total$419K
Filing Years2020–2025
Where $100 goes at ADTI Housing Corp
How ADTI Housing Corp divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$97
Programs
the work itself
$3
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $97 for programs
$97
ADTI Housing Corp
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Given
Construction
$175,845
Construction
$117,218
Construction
$90,702
Additional one accessible bedroom and bathroom
$29,298
Additional accessible bedroom and bathroom
$6,360
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
President
Derek Hodkey
TRUSTEE
James Monticciolo
TRUSTEE
James Romach
TREASURER
Janet Keating
VP of Finance
Joe Mattia
2nd VICE CHAIR
Mohan Tummalapalli
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $1.7M | $1.6M | $10.2M |
| 2024 | $1.5M | $1.5M | $9.6M |
| 2023 | $1.3M | $1.4M | $9.2M |
| 2022 | $1.9M | $1.7M | $9.3M |
| 2020 | $1.8M | $1.6M | $8.8M |
Between 2020 and 2025, reported annual revenue declined from $1.8M to $1.7M (-6%), with total assets most recently reported at $10.2M.
Interactive year-over-year charts and full filing details available with membership.
Grant Geography
Grants from this foundation were reported to recipients in NJ.
NJ
Full geographic grant map with state-by-state breakdown available with membership.