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Boys & Girls Club Of Paterson And Passaic Association Inc

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

EIN: 475597813 ✦ Paterson, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Boys & Girls Club Of Paterson And Passaic Association Inc?

Boys & Girls Club of Paterson and Passaic Association Inc is a nonprofit organization with a primary focus on renovating their property in Passaic, achieved through participation in the New Markets Tax Credit financing program outlined in section 45d of the Internal Revenue Code. This initiative aims to financially and operationally support the Boys & Girls Club of Paterson and Passaic, ultimately benefiting the youth in the community. The association's mission extends to improving the infrastructure of the club, ultimately enhancing the overall experience and opportunities for children and young adults in the region.


Official website here: www.bgcppnj.org

Is Boys & Girls Club Of Paterson And Passaic Association Inc legitimate?

Boys & Girls Club Of Paterson And Passaic Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boys & Girls Club Of Paterson And Passaic Association 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


Official website here: www.bgcppnj.org

What is the mission statement of Boys & Girls Club Of Paterson And Passaic Association Inc?

The Boys & Girls Club of Paterson and Passaic Association Inc was established with the purpose of participating in the New Markets Tax Credit Financing Program, as outlined in Section 45D of the Internal Revenue Code. This program serves to renovate the Boys & Girls Club of Paterson and Passaic's property in Passaic. The primary objective of the association is to financially and operationally support and benefit the club through this program.


Official website here: www.bgcppnj.org

Who is the CEO of Boys & Girls Club Of Paterson And Passaic Association Inc?

Wendy Mcguire is the President of Boys & Girls Club Of Paterson And Passaic Association Inc.


Official website here: www.bgcppnj.org

What is the revenue of Boys & Girls Club Of Paterson And Passaic Association Inc?

Boys & Girls Club Of Paterson And Passaic Association Inc's revenue in 2022 was $281,880.


Official website here: www.bgcppnj.org

Who are the executives of Boys & Girls Club Of Paterson And Passaic Association Inc and what are their salaries?

There 7 volunteers at Boys & Girls Club Of Paterson And Passaic Association Inc.


Here are 7 key members and their salaries:


Brian Heidtke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wendy Mcguire (Treasurer)
  • Compensation: $0
  • Related: $161,269
  • Other: $8,111
Shelley Tobenkin (Trustee Thru April 2022)
  • Compensation: $0
  • Related: $85,179
  • Other: $5,243
Glen Vetrano (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Angel Martinez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Monge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mario Tommolillo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bgcppnj.org

Where can I find the form 990 for Boys & Girls Club Of Paterson And Passaic Association Inc?

Boys & Girls Club Of Paterson And Passaic Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bgcppnj.org

Learn more at the official website: www.bgcppnj.org

Mission Statement of Boys & Girls Club Of Paterson And Passaic Association Inc

The Boys & Girls Club of Paterson and Passaic Association Inc has been established with a specific purpose. This nonprofit organization participates in the New Markets Tax Credit Financing Program, as outlined in section 45D of the Internal Revenue Code. Its primary objective is to support and benefit, financially and operationally, the Boys & Girls Club of Paterson and Passaic. This renovation project aims to enhance the existing property in Passaic, thereby contributing to the betterment of the club and the services it provides.

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Impact




October, 2024

The Boys & Girls Club of Paterson and Passaic Association Inc. plays a crucial role in enhancing the community's youth development landscape. By engaging in the New Markets Tax Credit financing program, the organization is actively renovating its property in Passaic to create a more conducive environment for young people. This renovation effort not only improves facilities but also ensures that the club can better serve the local youth by providing safe, engaging, and educational spaces.

The association’s mission extends beyond mere physical improvements; it seeks to foster the overall well-being of children and teens in the Paterson and Passaic areas. By focusing on operational and financial support for its initiatives, the club amplifies its capacity to offer valuable programs that benefit youth development. As a result, the organization becomes a vital resource for empowering young people, building their skills, and guiding them toward positive life choices. Ultimately, the Boys & Girls Club cultivates a brighter future for the community by investing in its most valuable asset—its youth.




This information is meant to be a general summary of Boys & Girls Club Of Paterson And Passaic Association 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
$281,880 (2022)
Expenses
$451,679 (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: $281,880
  • Gross Receipts: $281,880

Assets and Liabilities:

  • Total Assets: $5,622,692
  • Total Liabilities: $6,670,475
  • Net Assets: -$1,047,783

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Programs

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

RENTAL INCOME

Revenue

$281,880

Organization Details

Founding Year

2015

Principal Officer

Wendy Mcguire

Main Address

264 21ST AVENUE, PATERSON, NJ, 07501

NTEE Category

Code: O11 - Youth development

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