NonprofitsCommunity Asset Preservation Corporation

Housing & Shelter

Community Asset Preservation Corporation

NEW BRUNSWICK, NJ

Total revenue

$12.5M

Total expenses

$18.5M

Net assets

Grants received

$5.4M

22 grants

EIN

264008074

Tax year

2023

Mission

Stabilize neighborhoods, protect household foreclosure risk, return vacant foreclosed property.stabilize neighborhoods, protect household foreclosure risk, return vacant foreclosed property to habitable conditions, and to increase the availability of affordable housing.

Financials

FY 2023

Revenue

Contributions & grants$4.8M
Program service revenue$1.2M
Investment income$6.8M
Other revenue
Total revenue$12.5M

Expenses

Grants paid
Salaries & benefits$2.7M
Fundraising$147
Other expenses$15.8M
Total expenses$18.5M
Total assets$70.4M
Net assets

People

20 listed

NameRoleCompensation

GREGG B GUNSELMAN

BOARD CHAIR

Board

1 hrs/wk

PAUL ALEXANDER

VICE CHAIR

Board

1 hrs/wk

LINWOOD L ROBBINS

TREASURER

Board

1 hrs/wk

BRYAN LONG

SECRETARY

Board

1 hrs/wk

MICHELLE E RICHARDSON

BOARD DIRECTOR

Board

1 hrs/wk

EVAN WEISS

BOARD DIRECTOR

Board

1 hrs/wk

LYNEIR RICHARDSON

BOARD DIRECTOR

Board

1 hrs/wk

SABRINA N CONYERS

BOARD DIRECTOR (BEG 01/24)

Board

1 hrs/wk

MARIA VIZCARRONDO

BOARD DIRECTOR (END 09/24)

Board

1 hrs/wk

PILAR HOGAN CLOSKEY

BOARD DIRECTOR (END 03/24)

Board

1 hrs/wk

BERNEL HALL

PRESIDENT & CHIEF EXECUTIVE OFFICER

Board

9 hrs/wk

JOHN D ALLEN IV

CHIEF FINANCIAL OFFICER

Board

9 hrs/wk

MELINDA COLON-COX

GEN. COUNSEL & CHIEF COMPLIANCE OFFICER

Board

9 hrs/wk

STEVEN KACZYNSKI

CONTROLLER

Board

9 hrs/wk

RYAN JOHNSON

MANAGING DIRECTOR, REAL ESTATE

Staff

50 hrs/wk

CHRISTOPHER GIAMETTA

DIRECTOR, CONSTRUCTION

Staff

50 hrs/wk

DANIELLE M ROSEN

DIRECTOR OF OPERATIONS, CAPC

Staff

40 hrs/wk

RAUL CABRERA

BROKER OF RECORD

Staff

40 hrs/wk

MARIANNE HARRIS

ASSOCIATE DIRECTOR, PROPERTY MGMT

Staff

40 hrs/wk

ANNETTE GUNN

COLLECTIONS MANAGER

Staff

40 hrs/wk

Independent contractors

2408 CEDARBRIDGE BUILDING & CONSTRUCTION

CONSTRUCTION SERVICES

$435K

Grants received

Showing 22 of 22

FromAmountPurposeYear
$138K
CONSTRUCTION OF AFFORDABLE HOUSING
2023
$50K
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
2023
$50K
NRTC HOUSING REHABILITATION
2023
$35K
TO SUPPORT GENERAL OPERATIONS
2023
$90K
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
2022
$35K
TO SUPPORT GENERAL OPERATIONS
2022
$2.1M
REHABILITATION OF HOMES
2021
$165K
Neighborhood Project
2021
$45K
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
2021
$35K
TO SUPPORT YOUR WORK IN NEWARK
2021
$176K
REHABILITATION OF HOMES
2020
$90K
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
2020
$35K
TO SUPPORT GENERAL OPERATIONS
2020
$10K
COVID RESPONSE GRANT
2020
$213K
Parramore Asset Stabilization
2019
$109K
TO SUPPORT STUDENTS IN THEIR ACADEMIC SUCCESS AND CLOSE THE ACHIEVEMENT GAP
2019
$25K
CAPACITY BUILDING
2019
$900K
to renovate 83 homes in Parramore
2018
$36K
REHABILITATION OF HOMES
2017

Funded by

$5.4M from 8 funders · 22 grants · 2017–2023

Community Loan Fund Of New Jersey Inc

$3.4M · 6 grants · 2017–2023

Central Florida Foundation

$1.1M · 2 grants · 2018–2019

South Ward Alliance

$384K · 5 grants · 2019–2023

New Brunswick Tomorrow

$165K · 1 grant · 2021

Victoria Foundation Inc

$140K · 4 grants · 2020–2023

Catholic Charities Diocese Of Metuchen

$140K · 2 grants · 2022–2023

Enterprise Community Partners Inc

$25K · 1 grant · 2019

Wells Fargo Regional Community

$10K · 1 grant · 2020

Details

EIN264008074
NTEE codeL20
Subsection03
Ruling date2017-04
Formed2009
Employees0
Volunteers12
COMMUNITY ASSET PRESERVATION CORPORATION — Mission, Financials & Grants Received | Grantivo