“IT’S NOT JUST A BETTER PLACE TO LIVE.
 IT’S A BETTER LIFE.”

Compensation Solutions Participates in
Paterson Habitat for Humanity’s Corporate Challenge

OAKLAND, NEW JERSEY – June 26, 2006 – Former President Bill Clinton might very well have been speaking about Paterson Habitat for Humanity when he said: “Everybody counts. Everybody deserves a chance. Everybody’s got a responsibility to fulfill. We all do better when we work together. Our differences do matter, but our common humanity matters more.” Compensation Solutions (COMPSolutions), one of the tri-state area’s leading Professional Employer Organizations (PEO), recently spent two Friday afternoons working side by side with other volunteers at the 2006 Corporate Challenge for Habitat for Humanity.  Between June 5^th and June 17^th, volunteers from more than thirty businesses climbed scaffolding, swung hammers, framed rooms, installed doors and painted walls with the families who will eventually move into these Habitat homes.

Families selected for the Habitat program must meet the following criteria: they must have a need for housing; they must have residency in Passaic County; they must have an ability to pay the “no-profit” mortgage; and they must complete 500 hours of “sweat equity” and other homeownership training requirements.   Families buy their homes from Paterson Habitat after paying 1% of the purchase price along with closing costs.  The houses are sold at no profit and Habitat finances a zero-interest mortgage. Paterson Habitat has built over 170 homes in the city of Paterson since it began about twenty-two years ago in October 1984, and the long-term goal is to complete 208 homes by 2008.

“COMPSolutions is a company that promotes teamwork, so it is a natural fit for us to participate in this wonderful team effort to build homes for our neighbors in Paterson, “ said Thomas J. Cioffe, President and CEO. “Paterson Habitat for Humanity provides benefits to those who give of their time and efforts by strengthening community relations, encouraging teamwork and developing leadership skills. But most of all, it simply feels good when you are part of the team that makes a family’s dream of home ownership come true.” 

About Paterson Habitat for Humanity

Paterson Habitat for Humanity is a local affiliate of Habitat for Humanity International, a nonprofit, Ecumenical Christian organization dedicated to eliminating poverty housing worldwide. Their mission is to help hard-working, low-income families build and buy decent homes on their own. They have been recognized as one of the top three affiliates in the northeast, completing more than 15 houses per year through more than 25,000 volunteer hours per year. Nearly all funds raised are used in construction, program expenses and building homes.

About Compensation Solutions

COMPSolutions is a leading professional employer organization (PEO) that serves as a full-time human resource company for small and mid-sized businesses throughout the United States and its territories. By managing employee benefits, human resources, payroll and workers’ compensation administration, COMPSolutions allows its clients to focus on their core competencies to maintain and grow their bottom line. COMPSolutions headquarters is located in Oakland, New Jersey with offices in Upper Saddle River and Manhattan. For additional information, please visit the COMPSolutions website at www.compsolutionsinc.com

FOR IMMEDIATE RELEASE
CONTACT:  Patricia Basilo
201-405-1115
pbasilo@compsolutionsinc.com