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New Jersey Community Development Corporation

Paterson, NJ · EIN 22-3282526 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

New Jersey Community Development Corporation reported $19.1 million in revenue and $15.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $90.06 went to program services, $7.30 to management and general costs and $2.64 to fundraising. Its largest source of revenue was contributions and grants: 74.9% of the total. Government grants made up 51.0%. The highest compensation it reported for one person was $287,121 (PRESIDENT & CEO). 3 people received more than $100,000 in reportable compensation. Revenue rose 90% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $19M

Other revenue was negative: −$20,724. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 479 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
90.1%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
7.3%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
2.6%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.03$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
74.9%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
51.0%14.9%
Program service revenue share
Part VIII 2g ÷ 12
21.8%11.9%
Highest reported compensation
Part VII-A, columns D–F
$287,121$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.90%1.49%
People paid over $100,000
Part VII, line 2
35
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
28.49.2
Independent voting board members
Part VI 1a–1b
15 of 16100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$6.1M expenses · 44.9% of program spending

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 operating initiatives to promote college readiness, and engaging 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

$2.8M expenses · 20.6% of program spending

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

$2.9M expenses · 21.4% of program spending · revenue $4.2M

Supportive housing njcdc builds and operates residential programs for adults with developmental disabilities, homeless youth, youth aging-out of foster care, and people who are homeless with a mental illness. In providing supportive housing, our goal is to offer high-quality housing. At thesame time we offer a range of services designed to help our residents overcome obstacles and live rich and fulfilling lives in the community

$1.8M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT & CEO
Officer, 60.00 hrs/week
$274,440$0$12,681$287,121
CFO
Officer, 50.00 hrs/week
$171,801$0$29,074$200,875
CHIEF REAL ESTATE OFFICER
Highest compensated employee, 40.00 hrs/week
$148,349$0$361$148,710

3 people received more than $100,000 in reportable compensation from New Jersey Community Development Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $512K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.0M$10M$15M$20MFY2020FY2021FY2022FY2023FY2024FY2025$19M$15M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$19M$15M90.1%$36M$287,121
FY2024 ⓘ$17M$13M92.3%$31M$269,573
FY2023 ⓘ$15M$11M91.7%$29M$218,741
FY2022 ⓘ$11M$9.7M91.6%$25M$267,121
FY2021 ⓘ$12M$9.4M91.6%$25M$259,831
FY2020 ⓘ$10M$9.8M91.7%$22M$251,787

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5254
  • Volunteers Part I, line 6500

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
BEN HORTEN ARCHITECTURE & DESIGN
General contractors for real estate proj
$493,598
RBUILD LLC
General contractors for real estate proj
$361,190
LANGAN ENGINEERING AND ENVIRONMENTAL SER
General contractors for real estate proj
$245,657

Individuals listed as contractors are left out. 3 contractors were paid more than $100,000 in all.

Private foundation grants it received

14 private foundations reported grants to New Jersey Community Development Corporation totaling $233K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from New Jersey Community Development Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for New Jersey Community Development Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in New Jersey

Questions people ask

How much of New Jersey Community Development Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, New Jersey Community Development Corporation reported that 90.1% of its $15.1 million in expenses went to program services, 7.3% to management and general and 2.6% to fundraising (Form 990, Part IX).

How much does New Jersey Community Development Corporation pay its top executive?

The largest total compensation New Jersey Community Development Corporation reported for one person in the fiscal year ending June 30, 2025 was $287,121, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does New Jersey Community Development Corporation get its money?

Of $19.1 million in revenue in the fiscal year ending June 30, 2025, 74.9% came from contributions and grants (including 51.0% from government grants) and 21.8% from program service revenue (Form 990, Part VIII).

Is New Jersey Community Development Corporation a registered charity?

The IRS lists EIN 22-3282526 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202631359349304383 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541359349301004 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431359349307548 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202301329349306435 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231369349308188 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101379349309705 · read the filing

All filings for EIN 22-3282526: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.