NonprofitsPaterson Restoration Corporation

Community Improvement

Paterson Restoration Corporation

PATERSON, NJ

Total revenue

$343K

Total expenses

$8.8M

Net assets

$10.7M

Grants received

EIN

222188180

Tax year

2023

Mission

To encourage restoration in the city of paterson. To provide low interest loans to facilitate the paterson community construction and restoration projects.

Programs

2 programs

Industrial relocation expenses incurred for promotion and research to attract more business enterprises to relocate to the city of paterson, underwriting costs to provide loans to businesses.

Uez project program - this program facilitates the funding of many uez state approved projects. The funds are held in a restricted bank account to be used for payment to vendors in connection with an approved project and supporting documentation.

Expenses: $8.8M

Financials

FY 2023

Revenue

Contributions & grants$118K
Program service revenue$944
Investment income$224K
Other revenue$142
Total revenue$343K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$8.8M
Total expenses$8.8M
Total assets$11.3M
Net assets$10.7M

People

10 listed

NameRoleCompensation

MARIO TOMMOLILLO

TRUSTEE

Board

2 hrs/wk

GEORGE MCLOOF

TRUSTEE

Board

2 hrs/wk

DR STEVE ROSE

TRUSTEE

Board

2 hrs/wk

ABDUL HAMDAN

TRUSTEE

Board

2 hrs/wk

ORLANDO CRUZ

BOARD CHAIRMAN

Board

2 hrs/wk

JEFFREY LEVINE

SECRETARY

Board

2 hrs/wk

MATTHEW EVANS

VICE CHAIRMAN

Board

2 hrs/wk

HARVEY NUTTER

TREASURER

Board

2 hrs/wk

MICHAEL POWELL

EXECUTIVE DIRECTOR

Board

2 hrs/wk

TIFFANY HARRIS - DELANEY

EXECUTIVE DIRECTOR

Board

2 hrs/wk

Details

EIN222188180
NTEE codeS310
Subsection03
Ruling date1978-02
Formed1977
Employees0
Volunteers0
PATERSON RESTORATION CORPORATION — Mission, Financials & Grants Received | Grantivo