NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION Charity Report

Public IRS 990 nonprofit record

NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION

EIN 22-3282526 · Community Improvement & Capacity Building (S20Z)

What they do

NJCDC is A NON-PROFIT COMMUNITY DEVELOPMENT and SOCIAL SERVICE AGENCY INCORPORATED IN THE STATE of NEW JERSEY to PROVIDE SERVICES IN THE AREAS of EDUCATION, COMMUNITY DEVELOPMENT, YOUTH DEVELOPMENT, and AFFORDABLE HOUSING.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $90.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders18 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

71.05%of revenue went to mission work90.1% of expenses · Program services

2.09%of revenue went to fundraising2.6% of expenses

$78.89spent for every $100 of revenueRevenue covered expenses this year.

5.76%of revenue went to management and office costs7.3% of expenses

$4.08in assets for every $1 spent this yearSome assets cannot be spent right away.

74.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $287,121 for ROBERT GUARASCI (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$19,116,821

Mission workProgram services$13,582,12671.05% of revenue90.1% of expenses

ManagementOffice and general costs$1,100,6595.76% of revenue7.3% of expenses

FundraisingAsking for donations$398,8192.09% of revenue2.6% of expenses

Revenue left after expensesReported annual surplus$4,035,21721.11% of revenueShown in gray on the chart

Total expenses$15,081,60478.89% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 90.1% mission · 7.3% management · 2.6% fundraisingTotal expenses: 78.89% of revenue

2023Expense mix: 92.3% mission · 6.3% management · 1.4% fundraisingTotal expenses: 76.87% of revenue

2022Expense mix: 91.7% mission · 6.7% management · 1.6% fundraisingTotal expenses: 75.47% of revenue

2021Expense mix: 91.6% mission · 7.1% management · 1.3% fundraisingTotal expenses: 91.90% of revenue

2020Expense mix: 91.6% mission · 7.1% management · 1.4% fundraisingTotal expenses: 76.12% of revenue

2019Expense mix: 91.7% mission · 7.1% management · 1.2% fundraisingTotal expenses: 97.84% of revenue

2018Expense mix: 92.1% mission · 7.2% management · 0.7% fundraisingTotal expenses: 93.58% of revenue

2017Expense mix: 92.1% mission · 7.0% management · 0.9% fundraisingTotal expenses: 100.57% of revenue

Money in and money out

Revenue$19,116,821

Expenses$15,081,604

Annual surplus $4,035,217 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$13,582,126 · 90.1% of expenses

Management and office costs$1,100,659 · 7.3% of expenses

Fundraising$398,819 · 2.6% of expenses

See all reported dollar amounts

Revenue$19,116,821

Expenses$15,081,604

Assets$61,490,730

Income$19,264,718

Contributions$14,327,572

Mission work (program services)$13,582,126

Fundraising$398,819

Management and general$1,100,659

Executive compensation (total)$383,863

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

ROBERT GUARASCIPRESIDENT & CEO · 60 hrs/week $287,121Base $274,440 · Other $12,681

KATHIE MENDEZCFO · 50 hrs/week $200,875Base $171,801 · Other $29,074

MICHAEL DEBLASIOCHIEF REAL ESTATE OFFICER · 40 hrs/week $148,710Base $148,349 · Other $361

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (18)

ROBERT GUARASCIPRESIDENT & CEO

KATHIE MENDEZCFO

MICHAEL DEBLASIOCHIEF REAL ESTATE OFFICER

KENYATTA STEWARTTRUSTEE

WILLIAM PASCRELL IIITRUSTEE

VICTOR J HERLINSKY JRTRUSTEE

ULISES DIAZTRUSTEE

ROBERT S GARRISONTRUSTEE

NITA DASTRUSTEE

MARTIN VERGARA IICHAIR

ANTHONY COSCIAVICE CHAIR

JONATHAN TARAZONATRUSTEE

ETTA RUDOLF DENKTRUSTEE

ERIC DALEOTRUSTEE

DONALD F BUCKLEYTRUSTEE

DAVID BERNINGERTREASURER

CHRISTIAN CALLEGARITRUSTEE

CARLINE MORRISONSECRETARY

About this charity

Recognized since: January 1998
Location: PO BOX 6976, PATERSON, NJ 07509
County: Passaic
In care of: ROBERT GUARASCI
Primary officer: ROBERT GUARASCI, CEO

How to reach them

WebsiteVisit the charity’s website Phone(973) 413-1600

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SAX ADVISORS LLC
NTEE classification: Community Improvement & Capacity Building (S20Z)
IRS tax category: Civic and Social Organizations