Passaic Enterprise Zone Development Corporation

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

EIN: 223382424 ✦ Passaic, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Passaic Enterprise Zone Development Corporation?

Passaic Enterprise Zone Development Corporation (PEZDC) is a nonprofit organization situated in Room 203, 330 Passaic Avenue, Passaic, New Jersey 07055. Its primary mission is to manage the state's Urban Enterprise Zone in Passaic City. To enhance the city's appearance, PEZDC undertakes projects like Project Clean Sweep and graffiti removal, which involve additional trash collection, graffiti eradication in public spaces, and overall city beautification. With a single employee, the organization is dedicated to improving Passaic City's appearance and economic development within the Urban Enterprise Zone.

Is Passaic Enterprise Zone Development Corporation legitimate?

Passaic Enterprise Zone Development Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Passaic Enterprise Zone 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: $231,764
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Passaic Enterprise Zone Development Corporation?

The Passaic Enterprise Zone Development Corporation's primary mission is to oversee the state's urban enterprise zone within an unspecified city. To accomplish this, they undertake initiatives such as Project Clean Sweep and graffiti removal. These projects include funding for additional trash collection, graffiti eradication in public spaces, and the overall enhancement of the city's appearance. The Corporation's efforts are aimed at improving the urban environment and potentially boosting economic development.

Who is the CEO of Passaic Enterprise Zone Development Corporation?

Ricardo Fernandez is the Trustee of Passaic Enterprise Zone Development Corporation.

What is the revenue of Passaic Enterprise Zone Development Corporation?

Passaic Enterprise Zone Development Corporation's revenue in 2022 was $49,526.

Who are the executives of Passaic Enterprise Zone Development Corporation and what are their salaries?

The average compensation at Passaic Enterprise Zone Development Corporation during 2022 was $231,764. There is 1 employee at Passaic Enterprise Zone Development Corporation.


Here are 12 key members and their salaries:


Sagar Metha (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenneth Simpson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cliff Lindholm Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Van Rensalier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Schaer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rene Rioux (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hector Lora (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Henry Mackowiak (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madonna (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kleeblatt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Servando Fernandez Jr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricardo Fernandez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Passaic Enterprise Zone Development Corporation?

Passaic Enterprise Zone Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Passaic Enterprise Zone Development Corporation

The Passaic Enterprise Zone Development Corporation (PEZDC) is committed to administering the state's Urban Enterprise Zone in an unspecified city. To fulfill this mission, the organization undertakes various initiatives, primarily focusing on improving the city's appearance and cleanliness. Through projects such as Project Clean Sweep and graffiti removal, PEZDC funds additional trash collection, eradicates graffiti in public spaces, and contributes to the overall beautification of the city. This dedication to enhancing the city's aesthetics serves to improve the general atmosphere and livability of the Great City of Passaic.

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Impact




October, 2024

Passaic Enterprise Zone Development Corporation plays a crucial role in enhancing the urban environment of Passaic, New Jersey. By administering the state's Urban Enterprise Zone, the organization focuses on community improvement through initiatives like Project Clean Sweep and graffiti removal. These efforts involve funding additional trash collection services, eradicating graffiti in public spaces, and promoting the overall beautification of the city. The impact of these programs not only contributes to a cleaner and more attractive Passaic but also fosters a sense of pride among residents and encourages economic development by making the area more inviting for businesses and visitors.




This information is meant to be a general summary of Passaic Enterprise Zone 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.

Revenue
$49,526 (2022)
Expenses
$593,333 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,652
  • Program Service Revenue: $26,787
  • Gross Receipts: $49,526

Assets and Liabilities:

  • Total Assets: $1,070,438
  • Total Liabilities: $29,211
  • Net Assets: $1,041,227

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

LOAN PROGRAM -

Revenue

$26,787

Organization Details

Founding Year

1994

Principal Officer

Ricardo Fernandez

Main Address

330 Passaic Ave Room 203, Passaic, NJ, 07055

NTEE Category

Code: S31 - Community improvement

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