NonprofitsNew Jersey Community Development Corporation Inc

Community Improvement & Capacity Building

New Jersey Community Development Corporation Inc

PATERSON, NJ

Total revenue

$17.4M

Total expenses

$13.4M

Net assets

$31.0M

Grants received

$4.7M

48 grants

EIN

223282526

Tax year

2023

Mission

Njcdc is a non-profit community development and social service agency incorporated in the state of new jersey to provide services in the areas of education, community development, youth development, and affordable housing.

Programs

3 programs

Youth development programsnjcdc operates a number of youth development programs designed to provide young people with a variety of services to overcome obstacles and reach their full potential. This includes four school-based teen centers, initiatives to transform schools into neighborhood hubs, anamericorps initiative that recruits individuals to commit a year of service to inner-city students, and a county-wide mental health support program.

Expenses: $4.2M

Educational services njcdc provides educational services to more than one thousand young people each day through the operation of a preschool, by founding and supporting the community charter school of paterson, by partnering with the paterson school district to operate the garrett morgan academy high school, by operating initiatives to promote college readiness, andengaging in partnerships to teach vocational skills. In providing educational services, our objective is to promote student achievement at the same time we offer services to promote individual and family well-being.

Expenses: $5.4M

Community developmentnjcdc seeks to improve the quality of life for paterson residents living in and around paterson's great falls neighborhood. Our goal is to revitalize this neighborhood to improve the social, economic and physical elements of the area.

Expenses: $865K

Financials

FY 2023

Revenue

Contributions & grants$13.5M
Program service revenue$3.6M
Investment income$370K
Other revenue
Total revenue$17.4M

Expenses

Grants paid
Salaries & benefits$9.4M
Fundraising$190K
Other expenses$4.0M
Total expenses$13.4M
Total assets$53.7M
Net assets$31.0M

People

16 listed

NameRoleCompensation

ROBERT GUARASCI

PRESIDENT & CEO

Board

$257K

60 hrs/wk

KATHIE MENDEZ

CFO

Board

$165K

50 hrs/wk

CARLINE MORRISON

SECRETARY

Board

1 hrs/wk

DONALD F BUCKLEY

TRUSTEE

Board

1 hrs/wk

NITA DAS

TRUSTEE

Board

1 hrs/wk

ETTA RUDOLF DENK

TRUSTEE

Board

1 hrs/wk

KENYATTA STEWART

TRUSTEE

Board

1 hrs/wk

MARTIN VERGARA II

CHAIR

Board

1 hrs/wk

WILLIAM PASCRELL III

TRUSTEE

Board

1 hrs/wk

ERIC DALEO

TRUSTEE

Board

1 hrs/wk

CHRISTIAN CALLEGARI

TRUSTEE

Board

1 hrs/wk

ULISES DIAZ

TRUSTEE

Board

1 hrs/wk

ROBERT S GARRISON

TRUSTEE

Board

1 hrs/wk

ANTHONY COSCIA

VICE CHAIR

Board

1 hrs/wk

DAVID BERNINGER

TREASURER

Board

1 hrs/wk

MICHAEL DEBLASIO

CHIEF REAL ESTATE OFFICER

Staff

$140K

40 hrs/wk

Independent contractors

PRACTICAL LLC

GENERAL CONTRACTORS FOR REAL ESTATE PROJ

$890K

AMERIBUILT NJ INC

GENERAL CONTRACTORS FOR REAL ESTATE PROJ

$233K

GIACORP CONTRACTING INC

GENERAL CONTRACTORS FOR REAL ESTATE PROJ

$130K

RBUILD LLC

GENERAL CONTRACTORS FOR REAL ESTATE PROJ

$103K

Grants received

Showing 48 of 48

FromAmountPurposeYear
$1.1M
COMMUNITY & HUMAN SERVICES
2024
$64K
COMMUNITY DEVELOPMENT/CAPITAL INVESTMENT
2024
$55K
UNRESTRICTED
2024
$50K
ENVIRONMENT, YOUTH DEVELOPMENT
2024
$45K
PARTNER SUSTAINABILITY GENERAL
2024
$25K
COMPETE FOR LIFE AT JOHN F. KENNEDY HIGH SCHOOL
2024
$25K
CAPACITY BUILDING
2024
$20K
the Affordable Housing Initiative
2024
$1M
GENERAL OPERATING SUPPORT
2023
$290K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$100K
GENERAL OPERATING SUPPORT
2023
$58K
UNRESTRICTED
2023
$50K
HEALTHY INDIVIDUALS AND COMMUNITIES
2023
$50K
COMMUNITY & HUMAN SERVICES
2023
$25K
COMPETE FOR LIFE AT JOHN F. KENNEDY HIGH SCHOOL
2023
$20K
HUMAN SERVICES
2023
$20K
program support - affordable housing initiatives
2023
$11K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2023
$51K
UNRESTRICTED
2022
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$25K
COMMUNITY & HUMAN SERVICES
2022
$20K
General & Unrestricted
2022
$20K
GREAT FALLS PEER FINANCIAL LITERACY WORKSHOPS
2022
$16K
GENERAL SUPPORT
2022
$12K
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
2022
$1K
CHARITABLE GIVING/GENERAL SUPPORT - SPONSOR (28TH ANNIVERSARY GALA)
2022
$750
Summer programs and meals.
2022
$500
PATERSON YOUTH COUNCIL (PYC)
2022
$100
MATCHING GIFTS
2022
$54K
UNRESTRICTED
2021
$12K
CHARITABLE PURPOSE
2021
$12K
FOR GENERAL SUPPORT
2021
$8K
For recipient's exempt purpose
2021
$1M
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$46K
Unrestricted
2020
$25K
COMMUNITY & HUMAN SERVICES
2020
$25K
General & Unrestricted
2020
$20K
Paterson Youth Council
2020
$100K
COMMUNITY & HUMAN SERVICES
2019
$25K
Unrestricted
2018

Funded by

$4.7M from 22 funders · 48 grants · 2018–2024

Vanguard Charitable Endowment Program

$1.3M · 4 grants · 2020–2023

The Ayco Charitable Foundation

$1.3M · 5 grants · 2019–2024

The Philadelphia Foundation

$1.0M · 2 grants · 2023–2024

Network For Good

$289K · 6 grants · 2018–2024

American Online Giving Foundation Inc

$196K · 4 grants · 2020–2024

Webster Bank Charitable Foundation

$105K · 5 grants · 2020–2024

American Endowment Foundation

$100K · 1 grant · 2023

Community Foundation Of New Jersey

$92K · 4 grants · 2020–2024

Details

EIN223282526
NTEE codeS20Z
Subsection03
Ruling date1998-11
Formed1994
Employees263
Volunteers500
NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION INC — Mission, Financials & Grants Received | Grantivo