Nonprofits›Downtown Merchants Corporation

Community Improvement & Capacity Building

Downtown Merchants Corporation

PASSAIC, NJ

Website

Total revenue

$447K

Total expenses

$447K

Net assets

$40K

Grants received

$300K

3 grants

EIN

223464174

Tax year

2024

Mission

Beautification and enhancement of area along rt 21 through the the downtown by participating in program which remove litter, power wash graffiti and paint over 185 buildings.

Programs

3 programs

Graffiti removal and painting of buildings and businesses to improve the quality of life for residents and shoppers as well as discourage gang activity.

Expenses: $70K

To provide summer jobs in the city for the youth of Passaic

Expenses: $33K

all other expenses

Financials

FY 2024

Revenue

Contributions & grants$447K
Program service revenue—
Investment income—
Other revenue—
Total revenue$447K

Expenses

Grants paid—
Salaries & benefits$413K
Fundraising—
Other expenses$34K
Total expenses$447K
Total assets$206K
Net assets$40K

People

7 listed

NameRoleCompensation

Rosa Ortiz

Board Member

Board

—

0

Alex Canals

Board Member

Board

—

0

Helen Ramos

Board Member

Board

—

0

Omar J Garcia

Comptroler

Board

—

0

Rafeal Cuellar

Vice Chair

Board

—

0

Servando Fernandez

Chair

Board

—

0

Soraya Stam Terminated 2025

Administrator

Staff

—

0

Grants received

Showing 3 of 3

FromAmountPurposeYear
Passaic Enterprise Zone Development Corporation
—
To eradicate graffiti and garbage
2024
Passaic Enterprise Zone Development Corporation
$300K
To eradicate graffiti and garbage
2022
Passaic Enterprise Zone Development Corporation
—
To eradicate graffiti and garbage
2020

Funded by

$300K from 1 funder · 3 grants · 2020–2024

Passaic Enterprise Zone Development Corporation

$300K · 3 grants · 2020–2024

Details

EIN223464174
NTEE codeS41
Subsection03
Ruling date1999-09
Formed1990
Employees29
DOWNTOWN MERCHANTS CORPORATION — Mission, Financials & Grants Received | Grantivo