Overview
What is New Jersey Community Development Corporation?
The New Jersey Community Development Corporation (NJCDC) is a nonprofit organization, incorporated in New Jersey, dedicated to providing services in the areas of community development, youth development, education, and affordable housing. They operate with a mission to build and operate residential programs for various vulnerable populations, including adults with developmental disabilities, homeless youth, youth aging out of foster care, and individuals who are homeless with a mental illness. By offering high-quality housing, NJCDC aims to help their residents overcome obstacles and live fulfilling lives in the community. In addition, they serve approximately 4,000 children and families daily through a variety of community development, youth development, and educational services primarily within Paterson's Great Falls neighborhood. NJCDC currently employs 189 individuals to carry out its mission.
Official website here: www.njcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
New Jersey Community Development Corporation has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a perfect score for having an entirely independent board and high marks for its financial oversight, the organization demonstrates a robust governance structure and commitment to transparency.
The organization excels in its program expense ratio, with approximately 91.64% of its expenses directed toward programs, indicating effective use of funding for its mission. Additionally, it maintains comprehensive policies in place, including conflict of interest and whistleblower policies, which further enhance its operational integrity.
There are no significant limitations noted in the available data. Overall, New Jersey Community Development Corporation showcases a solid foundation of accountability and effective financial management, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about New Jersey Community Development Corporation?
98% of 32 reviewers on Facebook recommend the New Jersey Community Development Corporation. Here is a summary of their reviews:
Many users express appreciation for the staff's attentiveness and kindness, highlighting a strong sense of community and support. Reviewers feel warmly welcomed and valued, which contributes to a positive experience while receiving services from the organization.
Overall, the high recommendation rate indicates that the nonprofit effectively meets the needs of its community members, fostering a welcoming environment. The positive sentiments reflect a strong connection between the organization and those it serves.
This AI summary has been generated from reviews found on Facebook.
Is New Jersey Community Development Corporation legitimate?
New Jersey Community Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Community Development Corporation 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: $433,664
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,568,639
For more financial information, click here
Official website here: www.njcdc.org
What is the mission statement of New Jersey Community Development Corporation?
The New Jersey Community Development Corporation is a non-profit organization that provides services in the areas of education, community development, youth development, and affordable housing. Its mission is to serve approximately 4,000 children and families daily through various community development, youth development, and educational services, primarily within the Great Falls neighborhood of Paterson. The corporation also focuses on supportive housing, building and operating residential programs for adults with developmental disabilities, homeless youth, youth aging out of foster care, and individuals who are homeless with a mental illness. The goal of their supportive housing is to offer high-quality housing while providing a range of services designed to help residents overcome obstacles and live fulfilling lives in the community.
Official website here: www.njcdc.org
Who is the CEO of New Jersey Community Development Corporation?
Robert Guarasci is the Chair of New Jersey Community Development Corporation. The CEO's salary of New Jersey Community Development Corporation is $254,685 and their total compensation is $267,121.
Official website here: www.njcdc.org
What is the revenue of New Jersey Community Development Corporation?
New Jersey Community Development Corporation's revenue in 2022 was $10,554,673.
Official website here: www.njcdc.org
Who are the executives of New Jersey Community Development Corporation and what are their salaries?
The average compensation at New Jersey Community Development Corporation during 2022 was $26,467. There are 189 employees and 500 volunteers at New Jersey Community Development Corporation.
Here are 15 key members and their salaries (New Jersey Community Development Corporation's CEO's salary is $254,685 and their total compensation is $267,121):
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- Compensation: $254,685
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- Other: $12,436
- Compensation: $139,264
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- Other: $27,279
Official website here: www.njcdc.org
Where can I find the form 990 for New Jersey Community Development Corporation?
New Jersey Community Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njcdc.org
Learn more at the official website: www.njcdc.org
Mission Statement of New Jersey Community Development Corporation
New Jersey Community Development Corporation, a non-profit organization established in the state, is committed to providing services in the areas of education, community development, youth development, and affordable housing. Its mission is to serve approximately 4,000 children and families daily, offering a variety of community development, youth development, and educational services primarily within Paterson's Great Falls neighborhood.
In line with its mission, New Jersey Community Development Corporation operates supportive housing programs for individuals facing various challenges. These include adults with developmental disabilities, homeless youth, young adults aging out of foster care, and individuals experiencing homelessness with mental illness. The organization aims to offer high-quality housing while providing a range of services designed to help residents overcome obstacles and lead rich, fulfilling lives in their communities.
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Impact
October, 2024
New Jersey Community Development Corporation (NJCDC) significantly impacts the community by enhancing the quality of life for residents in Paterson, particularly within the Great Falls neighborhood. Serving approximately 4,000 children and families daily, NJCDC focuses on education, youth development, and community improvement.
Through initiatives such as supportive housing, NJCDC addresses the needs of vulnerable populations, including adults with developmental disabilities, homeless youth, and individuals facing mental health challenges. Their residential programs provide not just housing, but also a comprehensive range of support services aimed at helping residents overcome obstacles and achieve fulfilling lives.
In addition to housing, NJCDC plays a pivotal role in community development by implementing various educational and social services that foster growth and stability for families and children. This holistic approach not only addresses immediate needs but also promotes long-term improvements in the community, making NJCDC a cornerstone of support and development in Paterson.
This information is meant to be a general summary of New Jersey Community Development Corporation. 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.
- Investment Income: $182,243
- Program Service Revenue: $3,043,221
- Gross Receipts: $10,628,403
Assets and Liabilities:
- Total Assets: $39,695,881
- Total Liabilities: $14,634,322
- Net Assets: $25,061,559
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SUPPORT
Revenue
$3,043,221
Organization Details
Founding Year
1994
Phone
(973) 413-1600Principal Officer
Robert Guarasci
Main Address
PO BOX 6976, PATERSON, NJ, 07509
Website
www.njcdc.orgNTEE Category
Code: S20Z - Community improvement
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