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Paterson Pal Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223087187 ✦ Paterson, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Paterson Pal Inc?

Paterson Pal Inc is a nonprofit organization situated in Paterson, New Jersey, at 505 Chamberlain Avenue. Their primary mission is to empower youth through community sports activities, fostering a competitive spirit, and boosting self-esteem and motivation. Their programs aim to instill leadership qualities in the youth. Beyond sports, they organize educational day trips to further enrich the lives of these young participants, promoting overall well-being.

Is Paterson Pal Inc legitimate?

Paterson Pal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Paterson Pal 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Paterson Pal Inc?

Paterson Pal Inc dedicates its efforts to providing programs that encourage positive growth among the local youth. The primary focus of these programs is to foster a spirit of competition, boost self-esteem, and cultivate leadership skills within the community's young population. In achieving this mission, the organization provides athletic equipment for youth participation in community-based sports activities, creating an environment that promotes healthy competition and motivates self-confidence. Additionally, Paterson Pal Inc organizes day trips to support education and well-being, furthering its commitment to the holistic development of the youth it serves.

Who is the CEO of Paterson Pal Inc?

Agostino Feola is the Executive Director of Paterson Pal Inc.

What is the revenue of Paterson Pal Inc?

Paterson Pal Inc's revenue in 2022 was $103,202.

Who are the executives of Paterson Pal Inc and what are their salaries?


Here are 2 key members and their salaries:


Agostino Feola (Executive Director)
  • Compensation: $38,400
  • Related: $0
  • Other: $0
Michael Coviello (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Paterson Pal Inc?

Paterson Pal Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Paterson Pal Inc

Paterson Pal Inc, a nonprofit organization, is dedicated to providing programs for the youth in the community. Their mission is to foster a spirit of competition, self-esteem, and leadership among the young participants. They achieve this by providing athletic equipment for community sport activities, creating an environment that encourages competition and promotes self-esteem and motivation. Additionally, Paterson Pal Inc organizes day trips to promote education and overall well-being. These initiatives aim to empower youth within the community, helping them to develop essential life skills and build confidence.

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Impact




October, 2024

Paterson Pal Inc has a significant impact on the youth in the Paterson community by fostering an environment that encourages competition, self-esteem, and leadership. Through their various programs, they provide essential athletic equipment to young participants, enabling them to engage in community sports. This access not only promotes physical well-being but also cultivates a sense of motivation and achievement among youth.

Additionally, the organization organizes day trips aimed at enhancing education and overall well-being, further contributing to the personal growth and development of participants. By focusing on these key aspects, Paterson Pal Inc plays a vital role in shaping the future leaders of the community, instilling values that empower youth to succeed both on and off the field.




This information is meant to be a general summary of Paterson Pal 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.

Revenue
$103,202 (2022)
Expenses
$89,428 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $103,202

Assets and Liabilities:

  • Total Assets: $16,046
  • Total Liabilities: $0
  • Net Assets: $16,046

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Organization Details

Founding Year

1990

Principal Officer

Agostino Feola

Main Address

505 CHAMBERLAIN AVENUE, PATERSON, NJ, 07512

NTEE Category

Code: O50Z - Youth development

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