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Downtown Paterson Special Improvement District

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

EIN: 223546152 ✦ Paterson, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Downtown Paterson Special Improvement District?

The Downtown Paterson Special Improvement District, established under New Jersey state law, is a nonprofit organization situated in Paterson, New Jersey. Its primary mission is to improve the quality of life in the downtown area by ensuring a safe, clean, and enjoyable environment for both residents and businesses. The organization accomplishes this goal by collaborating with local businesses and government entities to develop and implement programs that boost the district's physical and economic vitality. The initiatives undertaken by Downtown Paterson Special Improvement District contribute to creating a thriving and secure downtown community in Paterson, New Jersey.

Is Downtown Paterson Special Improvement District legitimate?

Downtown Paterson Special Improvement District is a legitimate nonprofit organization registered as a 501(c)(4) entity. Downtown Paterson Special Improvement District 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: $62,908
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Downtown Paterson Special Improvement District?

The Downtown Paterson Special Improvement District, a nonprofit organization, was established with the aim of improving the quality of life in its area. The primary objective is to provide a safe, clean, and enjoyable environment for residents, enabling them to live and work comfortably. To achieve this, the District collaborates with businesses and government entities, developing and implementing programs that strengthen the physical and economic vitality of the district. These efforts are geared towards enhancing the overall well-being and appeal of the downtown section, contributing to a more livable and prosperous community.

Who is the CEO of Downtown Paterson Special Improvement District?

Orlando Cruz is the Director of Downtown Paterson Special Improvement District.

What is the revenue of Downtown Paterson Special Improvement District?

Downtown Paterson Special Improvement District's revenue in 2022 was $148,586.

Who are the executives of Downtown Paterson Special Improvement District and what are their salaries?


Here are 7 key members and their salaries:


Charles Florio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Chen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irwin Bailey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Reyes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Orlando Cruz (Executive Director)
  • Compensation: $62,500
  • Related: $0
  • Other: $0
Jamie Dykes (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Downtown Paterson Special Improvement District?

Downtown Paterson Special Improvement District's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Downtown Paterson Special Improvement District

The Downtown Paterson Special Improvement District, a nonprofit corporation, was established with the aim of enhancing the quality of life in the downtown area of Paterson, New Jersey. Its mission is to provide the residents with a safe, clean, and enjoyable environment where they can live and work. The organization collaborates with businesses and government entities to develop and implement programs that strengthen the physical and economic vitality of the downtown section. The Downtown Paterson Special Improvement District strives to create an atmosphere that promotes safety, cleanliness, and overall enjoyment, thereby contributing to a better living and working environment for the local community.

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Impact




October, 2024

The Downtown Paterson Special Improvement District plays a crucial role in enhancing the quality of life for residents and businesses in Paterson, New Jersey. By focusing on creating a safe, clean, and enjoyable environment, the District contributes to the overall vitality of the downtown area. It collaborates with local businesses and government entities to develop and implement programs aimed at strengthening both the physical and economic landscape of the community.

This partnership not only fosters a sense of community but also encourages economic growth, attracting new businesses and enhancing the experience for residents and visitors alike. The District's efforts are pivotal in improving public spaces, ensuring safety, and promoting activities that make downtown Paterson a vibrant place to live, work, and thrive. The positive impact is felt through increased foot traffic, improved business conditions, and a more inviting atmosphere that benefits all stakeholders involved.




This information is meant to be a general summary of Downtown Paterson Special Improvement District. 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
$148,586 (2022)
Expenses
$273,729 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $148,586
  • Gross Receipts: $148,586

Assets and Liabilities:

  • Total Assets: $46,259
  • Total Liabilities: $0
  • Net Assets: $46,259

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Programs

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

SID ASSESMENT

Revenue

$148,586

Organization Details

Founding Year

1996

Principal Officer

Orlando Cruz

Main Address

CO PATERSON CHAMBER COMMER 1201, PATERSON, NJ, 07505

NTEE Category

Code: S20 - Community improvement

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