Overview
What is Paterson Task Force For Community Action Inc?
Paterson Task Force for Community Action Inc, situated in Paterson, New Jersey, is a dedicated nonprofit organization. With a workforce of 40 individuals, their primary mission is to offer compassionate and high-quality services to support vulnerable individuals and families, aiming to enhance their livelihoods and foster self-sufficiency. They address the challenges and effects of poverty through initiatives such as housing counseling, temporary residential shelters, and transitional housing programs. Their goal is to provide a safe and nurturing environment, enabling those in need to regain their footing and navigate their way to self-sufficiency.
Official website here: www.patersontaskforcenj.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 83% (Three-Star out of Four Star rating)
Paterson Task Force For Community Action Inc has received an 83% score from Charity Navigator, indicating a solid level of accountability and financial health. This rating is derived entirely from the charity's performance in the Accountability & Finance category, highlighting its effective governance practices and transparency.
The organization boasts a commendably independent board, with eight out of eight members being independent. It also scores full points in several key areas, such as financial statements audit, material diversion of assets, and various governance policies, indicating strong practices in oversight and ethical management. Furthermore, a high program expense ratio of 86.42% suggests that the majority of its resources are directed towards its programs rather than administrative costs.
However, the organization has a liabilities to assets ratio of 66.67%, which may indicate some financial leverage and potential risk. While this is not uncommon in the nonprofit sector, it is a factor that stakeholders should consider when evaluating the organization's long-term financial stability. Overall, the Paterson Task Force demonstrates a commitment to accountability and effective use of resources, although attention to its financial liabilities remains important.
This AI summary has been generated from information found on Charity Navigator.
Is Paterson Task Force For Community Action Inc legitimate?
Paterson Task Force For Community Action Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paterson Task Force For Community Action Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $304,045
Professional Fundraising Fees: $0
Other Salaries and Wages: $856,861
For more financial information, click here
Official website here: www.patersontaskforcenj.org
What is the mission statement of Paterson Task Force For Community Action Inc?
The Paterson Task Force For Community Action Inc's mission is centered around providing compassionate and high-quality services to aid vulnerable individuals and families in their journey towards self-sufficiency. This is achieved by addressing the impacts of poverty, with the ultimate goal of enhancing their quality of life. Their activities encompass various programs, such as housing counseling, temporary residential shelters, and transitional housing programs, all tailored to assist these individuals in overcoming their challenges and achieving self-sufficiency.
Official website here: www.patersontaskforcenj.org
Who is the CEO of Paterson Task Force For Community Action Inc?
Ms Lana Stokes is the Executive Director of Paterson Task Force For Community Action Inc.
Official website here: www.patersontaskforcenj.org
What is the revenue of Paterson Task Force For Community Action Inc?
Paterson Task Force For Community Action Inc's revenue in 2022 was $2,454,118.
Official website here: www.patersontaskforcenj.org
Who are the executives of Paterson Task Force For Community Action Inc and what are their salaries?
The average compensation at Paterson Task Force For Community Action Inc during 2022 was $29,023. There are 40 employees and 17 volunteers at Paterson Task Force For Community Action Inc.
Here are 22 key members and their salaries:
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Official website here: www.patersontaskforcenj.org
Where can I find the form 990 for Paterson Task Force For Community Action Inc?
Paterson Task Force For Community Action Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.patersontaskforcenj.org
Learn more at the official website: www.patersontaskforcenj.org
Mission Statement of Paterson Task Force For Community Action Inc
Paterson Task Force for Community Action Inc is committed to providing compassionate and high-quality services to aid vulnerable individuals and families in overcoming the effects of poverty. The organization's mission is to assist these individuals and families in improving their quality of life and achieving self-sufficiency. They accomplish this by addressing the root causes of poverty, providing a range of services that include housing counseling, temporary residential shelters, and transitional housing programs. By providing these services, Paterson Task Force for Community Action Inc aims to empower its clients, enabling them to improve their living conditions and ultimately become self-reliant.
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Impact
October, 2024
The Paterson Task Force For Community Action Inc plays a crucial role in improving the quality of life for vulnerable individuals and families in Paterson, NJ. By addressing the impacts of poverty, the organization provides compassionate and quality services that empower people towards self-sufficiency.
Their Shelter and Support Programs, which include housing counseling, temporary residential shelters, and transitional housing initiatives, directly assist those experiencing homelessness or housing instability. These services not only offer immediate relief but also facilitate long-term stability for individuals and families, helping them navigate the challenges associated with poverty.
The impact of the Paterson Task Force is particularly significant in fostering community improvement. By enabling individuals to gain the skills and resources necessary for self-reliance, the organization contributes to a stronger, more resilient community. Through its dedicated efforts, it plays an essential role in breaking the cycle of poverty and promoting sustainable change in the lives of those they serve.
This information is meant to be a general summary of Paterson Task Force For Community Action Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $13,414
- Gross Receipts: $2,454,118
Assets and Liabilities:
- Total Assets: $1,328,848
- Total Liabilities: $1,092,015
- Net Assets: $236,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Shelter resident rental receipts
Revenue
$13,414
Organization Details
Founding Year
1967
Phone
(973) 279-2333Principal Officer
Ms Lana Stokes
Main Address
191 Market Street, Paterson, NJ, 07505
Website
www.patersontaskforcenj.orgNTEE Category
Code: S20 - Community improvement
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