Westfield Senior Citizens Housing Corp
To extend the independence of senior citizens through the provision of comfortable, affordable housing in conjunction with social and recreational activities.
Westfield Senior Citizens Housing Corporation
The Westfield Senior Citizens Housing Corporation is a nonprofit organization designed to provide affordable housing and support services for low- and moderate-income senior citizens. Located in Westfield, New Jersey, the corporation is dedicated to enhancing the independence of seniors through comfortable and affordable living accommodations, complemented by social and recreational activities.
Purpose and Activities
The primary mission of the Westfield Senior Citizens Housing Corporation is to offer a supportive community environment that fosters independence and well-being among its residents. The organization operates several senior citizen housing projects, including Westfield I, Westfield II, and a project in Garwood, New Jersey, in collaboration with other affiliated entities. These projects are subsidized by federal programs such as HUD Section 8 and Section 42 Low-Income Housing Tax Credits, ensuring affordability for residents.
Financial Operations
As a nonprofit organization, the Westfield Senior Citizens Housing Corporation manages its finances through revenue streams that include rental income and other forms of operational income. The corporation's financial statements detail its operating activities, expenses, and non-operating income, such as investment income and unrealized gains or losses on investments. It is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code.
Governance and Controversies
The corporation has faced governance challenges and financial disputes with the Town of Westfield. The organization's lease agreements for its properties have been a point of contention, with concerns over payment obligations and governance practices. Despite these issues, the Town of Westfield remains committed to supporting senior housing, ensuring residents' stability and affordability.
Facilities and Programs
The Westfield Senior Citizens Housing Corporation offers a full range of services beyond housing, including recreational programs, transportation assistance, and access to a social worker. These amenities are designed to support residents' health and well-being while allowing them to maintain their independence. Residents can engage in various activities on-site, enjoy outdoor spaces, and participate in community events.
Recognition and Funding
As a public charity, the corporation engages in activities and programs that align with its mission to support senior citizens. While it does not provide grants, it is recognized for its role in supporting low-income and subsidized rental housing initiatives. The organization's financial health and operational structure are vital to its continued service to the senior community in Westfield and surrounding areas.
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1977
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