Union Apartment Project Inc

Nonprofit profile at a glance

EIN
043646730
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Rahway, NJ, USA
Phone
2128732600
Rating
60
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Housing Support

Reported finances

Revenue
$66,833
Expenses
$112,266
Assets
$595,692
Liabilities
$988,598

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • JULIA A OLIVER (President - DIR. (Thru.08/24))
  • Anne Withers (Vice President - Director)
  • Nicholas Brasse (Vice President - Director)

Highest reported compensation

  • JULIA A OLIVER (President - DIR. (Thru.08/24)): $378,976 total reported compensation
  • Anne Withers (Vice President - Director): $289,612 total reported compensation
  • Michael Solana (Treasurer - DIRECTOR): $243,436 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide elderly or disabled persons with housing facilities and services specially designed to meet their physical, social, psychological needs and to promote their health, security, happiness, and usefullness in longer living.

What it reported doing in 2024

To provide elderly or disabled persons with housing facilities and services specifically designed to meet their physical, social, pyschological needs, and to promote their health, security, happiness, and usefulness in longer living. The organization provides case management and supportive services to individuals with persistent mental illness in their own homes in union county, New Jersey. The program is made up of two (2) small single-family homes, housing three (3) individuals in each, or six (6) individuals overall. The staff at the housing facilities provide supportive counseling, assistance in daily living skills, medication and symptom management, socialization, transportation, advocacy and problem solving. The program also provides recreational activities and linages to appropriate educational/vocational and treatment services in the community. The staff is available 24 hours per day/7 days per week for supportive and crisis management. The staff is also available on an on-call basis for the remaining hours of the day/week.

Operating model

Revenue model
Grant-funded. 72% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 65
  • Accountability: 28
  • Sustainability: 27
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.7%; rating input score 99
  • Program expense ratio: 58.7%; rating input score 59
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 9th percentile among comparable filings
  • Governance controls: 6 of 9 controls in place; rating input score 67
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -68%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 5.31; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 1.66; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 159.3%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 2% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: 3.7% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: -0.5% per year; rating input score 0; 37th percentile among comparable filings

Details

  • Where the money goes: 98.7% of revenue deployed · 58.7% of spending went to programs
  • Governance: 0 of 5 board members independent · 6 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $66K in reported program spending
  • Leadership: top reported pay $379K · 6 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 26 of 26 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Independent voting board scored 0/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Financial Efficiency: Program expense ratio scored 59/100.
  • Review — Accountability: Governance controls: 3 of 9 not reported.
  • High — Sustainability: Operating margin scored 25/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.