Freeman Apartments Inc.
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

Freeman Apartments Inc.

 
501(c)(3) organization
Donations are tax-deductible
expand
URL not available
map
264 BELLEVILLE AVE
Bloomfield NJ 07003-4382

Bloomfield NJ | IRS ruling year: 1997 | EIN: 31-1510338  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
TO PROVIDE LOW INCOME HOUSING FOR THE DISABLED.
 

Rating Information

rating
Needs Improvement

This charity's score is 73%, earning it a Two-Star rating.

This overall score is calculated entirely from a single beacon score, weighted as follows: 100% Accountability & Finance. Learn more about our criteria and methodology.

Historical Ratings
 plus

Rating Report

Accountability & Finance
Score

73

Most Recent Fiscal Year:
FY 2022
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

Full Credit
  
Partial Credit
  
No Credit
Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 8 independent members
10 out of 10 points  plus
Material Diversion of Assets - None
10 out of 10 points  plus

Tax Form Disclosures and Policies

Full Credit
  
Partial Credit
  
No Credit
Website Listed on Tax Form - Missing
0 out of 3 points  plus
Conflict of Interest Policy - Missing
0 out of 7 points  plus
Whistleblower Policy - Missing
0 out of 7 points  plus
Document Retention and Destruction - Missing
0 out of 7 points  plus
Documents Board Meeting Minutes - Yes
3 out of 3 points  plus

Website Disclosures

Full Credit
  
Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Missing
0 out of 3 points  plus

Financial Metrics

Full Credit
  
Partial Credit
  
No Credit
Liabilities to Assets: Ratio - 6.12%
15 out of 15 points  plus
Program Expense: Ratio - 90.84%
25 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
 plus
Salary of Key Persons - Data Available
 plus
IRS Published Data (Business Master File) - Data Available
 plus
Data Sources (IRS Forms 990) - Data Available
 plus