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New Jersey Community Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223282526 ✦ Paterson, NJ ✦ Designated as a 501(c)(3)

Overview

What is New Jersey Community Development Corporation?

The New Jersey Community Development Corporation (NJCDC) is a nonprofit organization, incorporated in New Jersey, dedicated to providing services in the areas of community development, youth development, education, and affordable housing. They operate with a mission to build and operate residential programs for various vulnerable populations, including adults with developmental disabilities, homeless youth, youth aging out of foster care, and individuals who are homeless with a mental illness. By offering high-quality housing, NJCDC aims to help their residents overcome obstacles and live fulfilling lives in the community. In addition, they serve approximately 4,000 children and families daily through a variety of community development, youth development, and educational services primarily within Paterson's Great Falls neighborhood. NJCDC currently employs 189 individuals to carry out its mission.


Official website here: www.njcdc.org

Is New Jersey Community Development Corporation legitimate?

New Jersey Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Community Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $433,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,568,639

For more financial information, click here


Official website here: www.njcdc.org

What is the mission statement of New Jersey Community Development Corporation?

The New Jersey Community Development Corporation is a non-profit organization that provides services in the areas of education, community development, youth development, and affordable housing. Its mission is to serve approximately 4,000 children and families daily through various community development, youth development, and educational services, primarily within the Great Falls neighborhood of Paterson. The corporation also focuses on supportive housing, building and operating residential programs for adults with developmental disabilities, homeless youth, youth aging out of foster care, and individuals who are homeless with a mental illness. The goal of their supportive housing is to offer high-quality housing while providing a range of services designed to help residents overcome obstacles and live fulfilling lives in the community.


Official website here: www.njcdc.org

Who is the CEO of New Jersey Community Development Corporation?

Robert Guarasci is the Chair of New Jersey Community Development Corporation. The CEO's salary of New Jersey Community Development Corporation is $254,685 and their total compensation is $267,121.


Official website here: www.njcdc.org

What is the revenue of New Jersey Community Development Corporation?

New Jersey Community Development Corporation's revenue in 2022 was $10,554,673.


Official website here: www.njcdc.org

Who are the executives of New Jersey Community Development Corporation and what are their salaries?

The average compensation at New Jersey Community Development Corporation during 2022 was $26,467. There are 189 employees and 500 volunteers at New Jersey Community Development Corporation.

Here are 15 key members and their salaries (New Jersey Community Development Corporation's CEO's salary is $254,685 and their total compensation is $267,121):

    Robert Guarasci (President & Ceo)
  • Compensation: $254,685
  • Related: $0
  • Other: $12,436

    • Kathie Mendez (Cfo)
  • Compensation: $139,264
  • Related: $0
  • Other: $27,279

    • Donald F Buckley (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Coscia (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Berninger (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lori Grifa-Thru January 2022 (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nita Das (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Etta Rudolf Denk (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kenyatta Stewart (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert S Garrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Pascrell Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Daleo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Vergara Ii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Victor Herlinsky Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carline Morrison (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.njcdc.org

    Where can I find the form 990 for New Jersey Community Development Corporation?

    The New Jersey Community Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.njcdc.org

    Learn more at the official website: www.njcdc.org

    Mission Statement of New Jersey Community Development Corporation

    New Jersey Community Development Corporation, a non-profit organization established in the state, is committed to providing services in the areas of education, community development, youth development, and affordable housing. Its mission is to serve approximately 4,000 children and families daily, offering a variety of community development, youth development, and educational services primarily within Paterson's Great Falls neighborhood.

    In line with its mission, New Jersey Community Development Corporation operates supportive housing programs for individuals facing various challenges. These include adults with developmental disabilities, homeless youth, young adults aging out of foster care, and individuals experiencing homelessness with mental illness. The organization aims to offer high-quality housing while providing a range of services designed to help residents overcome obstacles and lead rich, fulfilling lives in their communities.

    Impact

    This information is meant to be a general summary of New Jersey Community Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    New Jersey Community Development Corporation has a significant impact on the community by serving 4,000 children and families each day through various community development, youth development, and educational services primarily within Paterson's Great Falls neighborhood. The organization's focus on providing supportive housing for adults with developmental disabilities, homeless youth, youth aging-out of foster care, and individuals who are homeless with a mental illness demonstrates their commitment to offering high-quality housing and support services aimed at helping residents overcome obstacles and lead fulfilling lives in the community. Overall, New Jersey Community Development Corporation's work plays a crucial role in improving the lives of vulnerable populations and enhancing the overall well-being of the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $182,243
  • Program Service Revenue: $3,043,221
  • Gross Receipts: $10,628,403

    • Assets and Liabilities:
  • Total Assets: $39,695,881
  • Total Liabilities: $14,634,322
  • Net Assets: $25,061,559
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SUPPORT

    Revenue

    $3,043,221

    Organization Details

    Founding Year

    1994

    Principal Officer

    Robert Guarasci

    Main Address

    PO BOX 6976, PATERSON, NJ, 07509

    NTEE Category

    Code: S20Z - Community improvement

    If you are a representative of New Jersey Community Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.