Mission
THE PURPOSE OF THE CORPORATION IS TO BUILD AND OPERATE LOW AND MODERATE INCOME HOUSING UNDER A SECTION 236 INTEREST REDUCTION PROGRAM FOR 208 UNITS.
Public Charity
OYSTER BAY URBAN RENEWAL INC
OYSTER BAY URBAN RENEWAL INC is a nonprofit organization categorized as Public Charity based in KEYPORT, NJ. Its most recent IRS filing (2025) reports revenue of $4.3M, expenses of $3.8M, total assets of $24.5M.
EIN: 237242529
KEYPORT, NJ
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2025
Total Revenue$4.3M
Total Expenses$3.8M
Total Assets$24.5M
Grant Records0
Filing Years2021–2025
Where $100 goes at Oyster Bay Urban Renewal Inc
How Oyster Bay Urban Renewal Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$85
Programs
the work itself
$15
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 $85 for programs
$85
To help provide affordable resident senior housing
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.
Officers & Directors
VICE PRESIDENT
Chris Burns
DIRECTOR
Cynthia Weber
PRESIDENT
Joseph E Carey
DIRECTOR
Kenneth Marr Jr
SECRETARY/TREASURER
Michael Walling
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $4.3M | $3.8M | $24.5M |
| 2024 | $4.2M | $3.6M | $24.1M |
| 2023 | $3.9M | $3.4M | $23.6M |
| 2022 | $3.9M | $3.3M | $23.3M |
| 2021 | $4.2M | $2.9M | $23.1M |
Between 2021 and 2025, reported annual revenue held roughly steady at around $4.3M, with total assets most recently reported at $24.5M.
Interactive year-over-year charts and full filing details available with membership.