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Filing year 2024

Margate Terrace Development Corporation

Margate, New Jersey·EIN 81-5019694·NTEE L19 · Housing & Shelter·501(c)(3)
Total revenue
$46k
Total assets
$997k
Total expenses
$22k
Reported officers
4
Mission

To serve as the developer for Margate Terrace Corporation, a New Jersey Nonprofit corporation and otherwise assist Margate Terrace Corporation with respect to the ownership, financing, rehabilitation, renovation, maintenance and/or operation of a 75 unit low-income elderly and disabled rental apartment project owned by Margate Terrace Corporation, known as Margate Terrace Apartments

Reported officers (all unpaid)

No paid executives reported in 2024. Margate Terrace Development Corporation reported 4 unpaid officers and board members on its 990.

Trustee/vice President
Trustee/treasurer
Trustee/secretary
Trustee/president
Financial trend

Revenue and expenses over time

Margate Terrace Development Corporation reported revenue and expenses across 2 filing years.

RevenueExpenses
$19k
$18k
2023
$46k
$22k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Housing & Shelter executives earn in New Jersey

Margate Terrace Development Corporation reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable housing & shelter organization in New Jersey earns a median of $55,748.

25th percentile
$24k
Median
$55,748
75th percentile
$127k
90th percentile
$216k

These are housing & shelter sector-wide figures, not this organization's reported pay. Based on 200 organizations across 200 filings (2022 – 2024).

See full Housing & Shelter pay data for New Jersey
FAQ

Common questions about Margate Terrace Development Corporation

What are Margate Terrace Development Corporation's revenue and expenses?

In 2024, Margate Terrace Development Corporation reported $46k in total revenue and $22k in total expenses on its IRS Form 990.

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