Program areas at 323 SBS Fund
The 323 SBS,Inc Fund is a 501c-3 organization which exists to supplement and enhance the general lives of the Luther Arms,Inc Housing Community,a Sect 8/202 HUD sponsored Housing facility in Trenton,NJ. The Fund conducts an Annual Round of Community Support through the distributiion of some percentage of it's assets and income to Church Related and Not for Profit Community Organizations in the local Mercer County,NJ Area. The Luther Arms Building has 150 Apartments available for rent.
The 323 SBS Fund is a charitable organization organized to generally support the work of the Luther Arms Apartment Building --a Lutheran Church affiliated 501[c]3 located in Trenton,NJ.
The 323 SBS Fund began it's charitable activity in 2019.The Fund Management is further exploring the appropriate time frame for charitable activity but it is expected to generate one round of giving per year-the target is four/ five charitable gifts per year.
additional gifts..
Grants made by 323 SBS Fund
Personnel at 323 SBS Fund
| Name | Title | Compensation | Date of data |
|---|
| Richard Sword | Trustee | $0 | 2023-04-10 |
| Lawrence Corrin | President | $0 | 2021-12-31 |
| Bruce Baumgarten | Secretary | $0 | 2021-12-31 |
Financials for 323 SBS Fund
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $0 | $0 | - |
| Investment income and dividends | $14,964 | $20,011 | -25.2% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $14,964 | $20,011 | -25.2% |
Organizations like 323 SBS Fund
| Organization | Type | Location | Revenue |
|---|
| Project Lorenzo | 501(c)(3) | Garland, TX | $19,056 |
| The Family Unit | 501(c)(3) | Sumter, SC | $59,127 |
| Fabulous Finds | 501(c)(3) | Los Angeles, CA | $15,531 |
| Grandeur of Grace Incorporated | 501(c)(3) | Lawton, OK | $40,125 |
| The Favor Foundation | 501(c)(3) | Ladson, SC | $45,463 |
| Saret Charitable Fund | 501(c)(3) | Glen Ellyn, IL | $61,356 |
| Creek of Mercy | 501(c)(3) | Fullerton, CA | $50,000 |
| Heroes Never Alone | 501(c)(3) | Ligonier, PA | $73,487 |
| Community Housing Advocates | 501(c)(3) | Hartford, CT | $23,679 |
| Fundacion Alas de Colibri | 501(c)(3) | Chula Vista, CA | $6,741 |
Data update history
June 15, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 13, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 13, 2023
Updated personnel
Identified 1 new personnel
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
July 15, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsHousing and shelter organizationsCharities
Issues
Human servicesHousing
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
- Address
- 323 S Broad St
- Trenton, NJ 08608
- Metro area
- Trenton-Princeton, NJ
- County
- Mercer County, NJ
- Phone
- (609) 865-4558
IRS details
- EIN
- 47-2912947
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2015
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L12: Housing and Shelter Fund Raising and Fund Distribution
- NAICS code, primary
- 62422: Community Housing Services
- Parent/child status
- Independent
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