Public Charity

ADVANCE HOUSING INC

Based in PARAMUS, NJ, ADVANCE HOUSING INC operates as a Public Charity. The organization reported $5.5M in revenue, $5.5M in expenses, $17.2M in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $47K.

EIN: 223423159 PARAMUS, NJ Housing Support NTEE: L80 Latest filing: 2024
Total Revenue$5.5M
Total Expenses$5.5M
Total Assets$17.2M
Grant Records2
Funding Total$47K
Filing Years2019–2024

Mission

THE MISSION OF ADVANCE HOUSING, INC. IS TO EXPAND THE RANGE AND SCOPE OF SUPPORTIVE HOUSING OPPORTUNITIES AVAILABLE TO PERSONS WITH PSYCHIATRIC DISABILITIES. IN ADDITION, WE WILL SEEK TO MAKE SIMILAR OPTIONS AND SERVICES AVAILABLE TO OTHER CONSUMERS WHO ARE IN NEED OF SUPPORTIVE HOUSING.

Where $100 goes at Advance Housing Inc

How Advance Housing Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$78 Programs the work itself
$22 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 $78 for programs

$58
The advance consumer choice & empowerment program offers consumers from state psychiatric hospitals an opportunity to live independently in their own one bedroom apartments while also receiving intensive…
74% of program spending
$12
The supportive living program bergen, provides mental health consumers with a choice of permanent, affordable, and safe housing
16% of program spending
$7
The supportive living program sussex, provides mental health consumers with a choice of permanent, affordable, and safe housing
9% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

COO Bina Shah
COUNSEL Bruce Nussman
PRESIDENT & CEO Carolyn Jaime
CHAIRPERSON Charles Higgins
TRUSTEE David Bower
TRUSTEE Gina Sharpe

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$47,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $5.5M $5.5M $17.2M
2023 $5.6M $5.4M $18.8M
2022 $5.2M $5.5M $19.0M
2020 $5.7M $5.5M $18.2M
2019 $5.4M $5.2M $16.1M

Between 2019 and 2024, reported annual revenue held roughly steady at around $5.5M, with total assets most recently reported at $17.2M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ADVANCE HOUSING INC

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