Ocean City Community Development Corporation Logo

MIP Score

46

Housing
Public Housing

Ocean City Community Development Corporation

Mission

The Ocean City Housing Authority (OCHA) strives to provide affordable housing for low and moderate-income residents in Ocean City. With a total of 121 units divided between Bay View Manor and Pecks Beach Village, OCHA is committed to maintaining affordable housing stock while enhancing neighborhood investments.

Basic Information

Tax-Exempt

Address

204 E 4th St, Ocean City, New Jersey, 08226

View all Ocean City charities

Founded in

2017

EIN

85-1978578

Total Assets

$4.508 million

UN Sustainable Development Goals Supported

This organization contributes to the following United Nations Sustainable Development Goals. See the SDG page for more information.

At a Glance

Affordable Housing Units

Affordable Housing Units

Ocean City Housing Authority manages 121 affordable housing units serving families and seniors.

Partnerships for Community Development

Partnerships for Community Development

OCHA collaborates with Acenda Integrated Health to offer services to residents.

Community Investment Projects

Community Investment Projects

The Pecks Beach Village redevelopment project aims to improve community integration and quality of life.

Impact Reports

MIP Score (Beta)

The MIP Score is in beta! We'd love any feedback you may have.

The MIP Score and it's methodology is purely used as a way to visualize how a nonprofits public financial data compares against others. It doesn't reflect the unique circumstances and impact that a nonprofit has.The MIP Score should never be used to say one charity is better than another.

Overall Score

46

32

/100

Program Expense Ratio

100.00%

20

/20

Program Revenue Growth

0.00%

2

/20

Leverage Ratio

0.6263

6

/20

Working Capital Ratio

174.2

2

/20

Fundraising Efficiency

0

2

/20

Latest Filing Data: Form 990

Fiscal Year:2022

Source:Source: Self-reported by organization

Financial Details

Revenue

CategoryAmountPercentage
Contributions, Gifts, and Grants1.57M99.99%
Program Services00.00%
Investment Income2280.01%
Sales of Non-Inventory Assets00.00%
Other Notable Sources00.00%
Total Revenue1.571M100.00%