NonprofitsRiese Projects Inc

Riese Projects Inc

PATERSON, NJ

Total revenue

$3.0M

Total expenses

$2.7M

Net assets

$10.7M

Grants received

EIN

237311149

Tax year

2024

Mission

The project is a 201 unit apartment project for the elderly located in paterson, nj. The project is operated under section 236 of the national housing act and regulated by the new jersey housing mortgage and finance agency (njhmfa) and the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$2.8M
Investment income$172K
Other revenue$17K
Total revenue$3.0M

Expenses

Grants paid
Salaries & benefits$369K
Fundraising
Other expenses$2.3M
Total expenses$2.7M
Total assets$11.6M
Net assets$10.7M

People

13 listed

NameRoleCompensation

REV MARC A MANCIN

PRESIDENT

Board

10 hrs/wk

MSGR HERBERT K TILLYER

DIRECTOR

Board

1 hrs/wk

DEACON JOSEPH A PUSKAS

TREASURER

Board

5 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

PATRICK MURRAY

DIRECTOR

Board

1 hrs/wk

SR MAUREEN SHAUGHNESSY SC

DIRECTOR

Board

1 hrs/wk

DEACON GREGORY J SZPUNAR

SECRETARY

Board

1 hrs/wk

DEACON MARC MACKIN

DIRECTOR

Board

1 hrs/wk

ANTHONY DENOVA

DIRECTOR

Board

1 hrs/wk

Independent contractors

RAYMOND P MARZULLI COMPANY INC

BUILDING MANAGEMENT AND ACCOUNTING SERVI

$133K

Details

EIN237311149
Subsection04
Ruling date1973-09
Formed1971
Employees5
Volunteers13
RIESE PROJECTS INC — Mission, Financials & Grants Received | Grantivo