NonprofitsRiese-Madison Park

Riese-Madison Park

PATERSON, NJ

Total revenue

$1.8M

Total expenses

$1.3M

Net assets

$3.1M

Grants received

EIN

222125691

Tax year

2023

Mission

The corporation owns and manages a 92-unit apartment building for the elderly in paterson, nj. The project is operated under section 202 of the national housing act and regulated by the new jersey housing and mortgage finance agency(njhmfa)and the us department of housing and urban development (hud) with respect to rental charges and operating methods.

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue$1.8M
Investment income$45K
Other revenue$4K
Total revenue$1.8M

Expenses

Grants paid
Salaries & benefits$170K
Fundraising
Other expenses$1.1M
Total expenses$1.3M
Total assets$3.2M
Net assets$3.1M

People

13 listed

NameRoleCompensation

REV MARC A MANCINI

PRESIDENT

Board

10 hrs/wk

REV MSGR HERBERT K TILLYER

DIRECTOR

Board

1 hrs/wk

DEACON JOSEPH A PUSKAS

TREASURER

Board

5 hrs/wk

JOSEPH DUFFY

SECRETARY

Board

1 hrs/wk

ANDREW F MCBRIDE III ESQ

DIRECTOR

Board

1 hrs/wk

DEACON PETER CISTARO

VICE PRESIDENT

Board

1 hrs/wk

THOMAS BURNS

DIRECTOR

Board

1 hrs/wk

DENNIS P BUTLER

DIRECTOR

Board

1 hrs/wk

LYNN E GAFFNEY

DIRECTOR

Board

1 hrs/wk

DEACON MARC MACKIN

DIRECTOR

Board

1 hrs/wk

PATRICK MURRAY

DIRECTOR

Board

1 hrs/wk

SR MAUREEN SHAUGHNESSY SC

DIRECTOR

Board

1 hrs/wk

DEACON GREGORY J SZPUNAR

DIRECTOR

Board

1 hrs/wk

Details

EIN222125691
Subsection03
Ruling date1976-12
Formed1975
Employees4
Volunteers13
RIESE-MADISON PARK — Mission, Financials & Grants Received | Grantivo