EIN 22-3282526

New Jersey Community Development Corporation (NJCDC)

IRS 501(c) type
501(c)(3)
Num. employees
188
Year formed
1994
Most recent tax filings
2023-06-01
Description
NJCDC's mission is to serve as a vibrant and pioneering force in revitalizing New Jersey's urban areas through the creation of jobs, affordable housing, educational initiatives, and vital support services for people in need.
Total revenues
$14,593,997
2023
Total expenses
$11,014,368
2023
Total assets
$46,274,437
2023
Num. employees
188
2023

Program areas at NJCDC

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 the same time we offer a range of services designed to help our residents overcome obstacles and live rich and fulfilling lives in the Community.
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, 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.
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 turn schools into neighborhood centers, and an americorps initiative that recruits individuals to commit a year of service to inner-city students.
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.

Who funds New Jersey Community Development Corporation (NJCDC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
TD Charitable FoundationPaterson Affordable Housing Resource Center$150,000
Wells Fargo Regional FoundationGreat Falls Neighborhood Plan$100,000
Network for GoodUnrestricted$51,039
...and 21 more grants received totalling $606,589

Personnel at NJCDC

NameTitleCompensation
Robert GuarasciFounder and Chief Executive Officer$254,685
Kathie MendezBoard Member$139,264
Parshu ShahChief Development
David GelmanChief Program Officer
Jennifer EhrentrautDirector of Human Resources and Administrative Services
...and 4 more key personnel

Financials for NJCDC

RevenuesFYE 06/2023
Total grants, contributions, etc.$10,883,320
Program services$3,599,091
Investment income and dividends$136,506
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-29,887
Net income from gaming activities$4,967
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$14,593,997

Form 990s for NJCDC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-12990View PDF
2021-062022-07-11990View PDF
2020-062021-05-25990View PDF
2019-062021-01-21990View PDF
...and 9 more Form 990s
Data update history
July 10, 2024
Used new vendors
Identified 2 new vendors, including , and
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $7,500 from The Provident Bank Foundation
April 18, 2024
Updated personnel
Identified 1 new personnel
January 3, 2024
Received grants
Identified 3 new grant, including a grant for $25,000 from AT&T Foundation
December 28, 2023
Received grants
Identified 6 new grant, including a grant for $175,000 from TD Charitable Foundation
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsHeadquarter / parent organizationsCharities
Issues
Community improvement
Characteristics
Conservation easementFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringGala fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
Address
PO Box 6976
Paterson, NJ 07509
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Passaic County, NJ
Website URL
njcdc.org/ 
Phone
(973) 413-1600
IRS details
EIN
22-3282526
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1994
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S20: Community, Neighborhood Development, Improvement
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Central organization
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