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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Oyster Bay Urban Renewal Inc.

Oyster Bay Urban Renewal Inc.

Fiscal year ending 2024. Filed on June 25, 2025.

50 Beers Street
Keyport, New Jersey 07735

Oyster Bay Urban Renewal Inc. (EIN: 23-7242529) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, Oyster Bay Urban Renewal Inc., a 501(c)(3) charitable organization, reported compensation for 0 out of 9 total employees. Oyster Bay Urban Renewal Inc. changed its name from Keyport Legion Apartments Inc. in 2020.

Revenue, expenses, and employee compensation

Revenue

$4,249,761

Expenses

$3,551,107

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

No compensated employees were reported for this year (employee data available for 2022, 2021, 2020, 2019, 2018, 2017).

Non-Employee Board Members

Chris Burns
Vice President
Cynthia Weber
Director
Joseph Carey
President
Michael Walling
Secretary and Treasurer
Nicholas Vecchio
Director

Contractors

CMC Limited Inc.
Employee Leasing
$474,578
World Insurance Associates LLC
Insurance
$366,349
Coughlin Management Company
Property Management
$175,868

Mission Statement

THE PURPOSE OF THE CORPORATION IS TO BUILD AND OPERATE LOW AND MODERATE INCOME HOUSING UNDER A SECTION 236 INTEREST REDUCTION PROGRAM FOR 208 UNITS.

Revisions to this organization profile

June 25, 2025:
2024 Oyster Bay Urban Renewal Inc. 990 filed
March 27, 2024:
2023 Oyster Bay Urban Renewal Inc. 990 filed
March 21, 2023:
2022 Oyster Bay Urban Renewal Inc. 990 filed

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