Civic Intelligence

Riese Projects Urban Renewal Corporation

EIN 23-7311149 • 501(c)4 • Paterson, NJ

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Profile

To provide low-income senior citizens and handicapped housing. The riese projects inc provides 201 units, with one of the units occupied by the superintendent.

211 20th AvenuePaterson, NJ 07501

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

48th percentile

0.08x

Higher debt load relative to assets than 48% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.31x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Net Margin

53rd percentile

11%

Higher net margin than 53% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • $10M-$25M nonprofits • Source year 2024

Asset Growth

30th percentile

0.4%

Faster asset growth than 30% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

3.6%

Faster revenue growth than 38% of similar nonprofits.

501(c)4 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets48th percentile

Assets

Up

$11,637,798

Up $280,222 (+2.5%) from 2022

Liabilities

Down

$924,196

Down $527,389 (-36%) from 2022

Net Assets

Up

$10,713,602

Up $807,611 (+8.2%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin53rd percentile

Revenue

Down

$3,014,166

Down $42,820 (-1.4%) from 2022

Expenses

Up

$2,678,429

Up $249,834 (+10%) from 2022

Net Income

Down

$335,737

Down $292,654 (-47%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2011: $6,218,748Liabilities 2011: $3,475,400Net Assets 2011: $2,743,3482011Assets 2012: $6,674,581Liabilities 2012: $3,204,566Net Assets 2012: $3,470,0152012Assets 2013: $6,558,697Liabilities 2013: $3,039,325Net Assets 2013: $3,519,3722013Assets 2014: $6,803,947Liabilities 2014: $3,203,332Net Assets 2014: $3,600,6152014Assets 2015: $7,515,342Liabilities 2015: $3,281,743Net Assets 2015: $4,233,5992015Assets 2016: $8,166,326Liabilities 2016: $3,085,421Net Assets 2016: $5,080,9052016Assets 2017: $10,018,562Liabilities 2017: $4,313,782Net Assets 2017: $5,704,7802017Assets 2018: $10,539,482Liabilities 2018: $4,057,709Net Assets 2018: $6,481,7732018Assets 2019: $10,497,853Liabilities 2019: $3,145,086Net Assets 2019: $7,352,7672019Assets 2020: $10,849,775Liabilities 2020: $2,596,098Net Assets 2020: $8,253,6772020Assets 2021: $11,308,927Liabilities 2021: $2,031,327Net Assets 2021: $9,277,6002021Assets 2022: $11,357,576Liabilities 2022: $1,451,585Net Assets 2022: $9,905,9912022Assets 2024: $11,637,798Liabilities 2024: $924,196Net Assets 2024: $10,713,6022024

Highlighted filing

2024

Assets$11,637,798
Liabilities$924,196
Net Assets$10,713,602
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,488,7312011Expenses 2012: $1,567,6722012Revenue 2013: $1,658,168Expenses 2013: $1,666,533Net Income 2013: -$8,3652013Revenue 2014: $1,606,143Expenses 2014: $1,524,900Net Income 2014: $81,2432014Revenue 2015: $2,290,754Expenses 2015: $1,657,770Net Income 2015: $632,9842015Revenue 2016: $2,707,470Expenses 2016: $1,860,164Net Income 2016: $847,3062016Revenue 2017: $2,730,947Expenses 2017: $2,107,072Net Income 2017: $623,8752017Revenue 2018: $2,846,440Expenses 2018: $2,069,447Net Income 2018: $776,9932018Revenue 2019: $2,930,522Expenses 2019: $2,059,528Net Income 2019: $870,9942019Revenue 2020: $3,023,365Expenses 2020: $2,122,455Net Income 2020: $900,9102020Revenue 2021: $3,101,065Expenses 2021: $2,077,142Net Income 2021: $1,023,9232021Revenue 2022: $3,056,986Expenses 2022: $2,428,595Net Income 2022: $628,3912022Revenue 2024: $3,014,166Expenses 2024: $2,678,429Net Income 2024: $335,7372024

Highlighted filing

2024

Revenue$3,014,166
Expenses$2,678,429
Net Income$335,737
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$11,637,798
Liabilities
$924,196
Net assets
$10,713,602
Revenue
$3,014,166
Expenses
$2,678,429
Net income
$335,737
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.6$0.92$10.7$3.01$2.68$0.34
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.4$1.45$9.91$3.06$2.43$0.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.3$2.03$9.28$3.10$2.08$1.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$2.60$8.25$3.02$2.12$0.90
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$3.15$7.35$2.93$2.06$0.87
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$4.06$6.48$2.85$2.07$0.78
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.0$4.31$5.70$2.73$2.11$0.62
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.17$3.09$5.08$2.71$1.86$0.85
2015Detailed filing. Detailed filing data is available for this year.$7.52$3.28$4.23$2.29$1.66$0.63
2014Detailed filing. Detailed filing data is available for this year.$6.80$3.20$3.60$1.61$1.52$0.08
2013Detailed filing. Detailed filing data is available for this year.$6.56$3.04$3.52$1.66$1.67$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.67$3.20$3.47$1.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.22$3.48$2.74$1.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 4, 2025
Return Version
2024v5.2
Gross Receipts
$3,014,166
Mission and Program Overview

Mission

To provide low-income senior citizens and handicapped housing. The riese projects inc provides 201 units, with one of the units occupied by the superintendent.

The project is a 201 unit apartment project for the elderly located in paterson, nj. The project is operated under section 236 of the national housing act and regulated by the new jersey housing mortgage and finance agency (njhmfa) and the u.s. Department of housing and urban development (hud) with respect to rental charges and operating methods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,055,976$5,382,095▲ $3,326,119
Land, Buildings, and Equipment, Net$5,376,886$5,250,172▼ $126,714
Cash and Non-Interest-Bearing Accounts$3,841,406$719,115▼ $3,122,291
Intangible Assets$199,108$140,911▼ $58,197
Prepaid Expenses and Deferred Charges$104,776$103,644▼ $1,132
Accounts Receivable$16,937$41,861▲ $24,924
Total Assets$11,595,089$11,637,798▲ $42,709
Liabilities
Mortgage Notes Payable Secured by Investment Property$957,734$689,158▼ $268,576
Accounts Payable and Accrued Expenses$134,738$108,281▼ $26,457
Other Liabilities$74,527$73,114▼ $1,413
Deferred Revenue$50,225$53,643▲ $3,418
Total Liabilities$1,217,224$924,196▼ $293,028
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,377,865$10,713,602▲ $335,737
Total Net Assets Fund Balance$10,377,865$10,713,602▲ $335,737
Total Liabilities and Net Assets / Fund Balance$11,595,089$11,637,798▲ $42,709

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,478,217$4,376,082$8,854,299
Other Land Buildings$60,762$755,598$816,360
Land$610,207-$610,207
Equipment$100,986$52,201$153,187
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Rev Marc a MancinPresident
Deacon Peter CistaroVice President
Andrew F Mcbride Iii EsqDirector
Anthony DenovaDirector
Deacon Marc MackinDirector
Dennis P ButlerDirector
Lynn E GaffneyDirector
Msgr Herbert K TillyerDirector
Patrick MurrayDirector
Sr Maureen Shaughnessy ScDirector
Thomas BurnsDirector
Deacon Gregory J SzpunarSecretary
Deacon Joseph a PuskasTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Raymond P Marzulli Company INCBuilding Management And Accounting Servi264 BELLEVILLE AVENUE, Bloomfield, NJ 07003$133,266
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,824,761
Investment Income
$172,326
Other Revenue
$17,079
Change in Net Assets
$335,737

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,014,166
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,014,166
Total Revenue per Form 990
$3,014,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,309,918
Salaries, Compensation, and Employee Benefits$368,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,387,552--$1,387,552
Depreciation Depletion$459,548--$459,548
Other Salaries and Wages$271,650--$271,650
Insurance$185,431--$185,431
Fees for Services Management-$120,166-$120,166
Other Employee Benefits$71,779--$71,779
Office Expenses$13,885$51,319-$65,204
Other Expenses$30,551--$30,551
Interest$29,240--$29,240
Payroll Taxes$25,082--$25,082
Fees for Services Accounting-$16,000-$16,000
Information Technology-$13,100-$13,100
Fees for Services Legal-$3,126-$3,126
Total Functional Expenses$2,474,718$203,711$0$2,678,429

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,678,429
Total Expenses per Audited Statements$2,678,429
Total Expenses per Form 990$2,678,429
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$73,114
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

“The day to day operation of the projects is contracted to the raymond p.marzulli company,inc., a professional real estate management company.”

Form 990, Part VI, Section A, Line 6

“Members of the corporation may be any citizen of the united states of majority age, interested in the extension of the objectives of thecorporation, who has duly executed and filed an application for membership which has been approved by majority vote of the board of directors, shall be considered a voting member of the general membership of the corporation. No member shall have the right to more than one vote on any issued, motionor resolution at any general, annual or special meeting.”

Form 990, Part VI, Section A, Line 7A

“Members of the board of directors are appointed by a majority vote of the board of directors.”

Form 990, Part VI, Section A, Line 7B

“Distributions from the repairs and replacement reserve must be approved by hud.”

Form 990, Part VI, Section B, Line 11B

“The president and treasurer receive a hard copy of the form 990 for review prior to filing.”

Form 990, Part VI, Section B, Line 15B

“Managing fees paid to the managing agent are determined in accordance with hud regulations.”

Form 990, Part VI, Section C, Line 19

“The governing documents, conflict of interest policy, and financial statements are available to the public at the offices of the corporation.”

Filing and Contact Details

Filer

Filer Name
Riese Projects Urban Renewal Corporation
EIN
23-7311149
Phone
9737780430
Address
211 20TH AVENUE, PATERSON, NJ 07501

Signing Officer

Name
Joseph a Puskas
Title
Treasurer
Phone
9737900288
Signed
2025-08-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rev Marc a Mancini
Formed
1971
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
13

Preparer

Firm
Burns Draeger & Humphries LLC
Address
25B HANOVER ROAD SUITE 150, FLORHAM PARK, NJ 07932-1410
Preparer
Neil E Burns CPA
Phone
9733770211
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“Accounting for uncertainty in income taxes the project recognizes the effect of income tax positions only when they are more likely than not to be sustained. Management has determined that the project had no uncertain tax positions that require financial statement recognition or disclosure. The project is no longer subject to examination by the applicable taxing jurisdictions for periods prior to 2021.”

Raw XML AppendixShowing 400 of 527 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0134738
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0108281
IRS990/AccountsReceivableGrp/BOYAmt016937
IRS990/AccountsReceivableGrp/EOYAmt041861
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0THE PROJECT IS A 201 UNIT APARTMENT PROJECT FOR THE ELDERLY LOCATED IN PATERSON, NJ. THE PROJECT IS OPERATED UNDER SECTION 236 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE NEW JERSEY HOUSING MORTGAGE AND FINANCE AGENCY (NJHMFA) AND THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.
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IRS990/AuditCommitteeInd00
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0211 20TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0PATERSON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007501
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt03841406
IRS990/CashNonInterestBearingGrp/EOYAmt0719115
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt01
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0133266
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0264 BELLEVILLE AVENUE
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BLOOMFIELD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NJ
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd007003
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0RAYMOND P MARZULLI COMPANY INC
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt03014166
IRS990/DecisionsSubjectToApprovaInd01
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
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IRS990/DelegationOfMgmtDutiesInd01
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IRS990/DepreciationDepletionGrp/TotalAmt0459548
IRS990/Desc0TO PROVIDE LOW INCOME SENIOR CITIZEN HOUSING. THE PROJECT HAS 201 UNITS.
IRS990/DescribedInSection501c3Ind00
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IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
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IRS990/FeesForServicesLegalGrp/TotalAmt03126
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm0REV MARC A MANCIN
IRS990/Form990PartVIISectionAGrp/PersonNm1MSGR HERBERT K TILLYER
IRS990/Form990PartVIISectionAGrp/PersonNm2DEACON JOSEPH A PUSKAS
IRS990/Form990PartVIISectionAGrp/PersonNm3ANDREW F MCBRIDE III ESQ
IRS990/Form990PartVIISectionAGrp/PersonNm4DEACON PETER CISTARO
IRS990/Form990PartVIISectionAGrp/PersonNm5THOMAS BURNS
IRS990/Form990PartVIISectionAGrp/PersonNm6DENNIS P BUTLER
IRS990/Form990PartVIISectionAGrp/PersonNm7LYNN E GAFFNEY
IRS990/Form990PartVIISectionAGrp/PersonNm8PATRICK MURRAY
IRS990/Form990PartVIISectionAGrp/PersonNm9SR MAUREEN SHAUGHNESSY SC
IRS990/Form990PartVIISectionAGrp/PersonNm10DEACON GREGORY J SZPUNAR
IRS990/Form990PartVIISectionAGrp/PersonNm11DEACON MARC MACKIN
IRS990/Form990PartVIISectionAGrp/PersonNm12ANTHONY DENOVA
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01971
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt03014166
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt013100
IRS990/InformationTechnologyGrp/TotalAmt013100
IRS990/InsuranceGrp/ProgramServicesAmt0185431
IRS990/InsuranceGrp/TotalAmt0185431
IRS990/IntangibleAssetsGrp/BOYAmt0199108
IRS990/IntangibleAssetsGrp/EOYAmt0140911
IRS990/InterestGrp/ProgramServicesAmt029240
IRS990/InterestGrp/TotalAmt029240
IRS990/InvestmentIncomeGrp/ExclusionAmt0172326
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0172326
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt05183881
IRS990/LandBldgEquipBasisNetGrp/BOYAmt05376886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt05250172
IRS990/LandBldgEquipCostOrOtherBssAmt010434053
IRS990/LegalDomicileStateCd0NJ
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE LOW-INCOME SENIOR CITIZENS AND HANDICAPPED HOUSING. THE RIESE PROJECTS INC PROVIDES 201 UNITS, WITH ONE OF THE UNITS OCCUPIED BY THE SUPERINTENDENT.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0957734
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0689158
IRS990/NetAssetsOrFundBalancesBOYAmt010377865
IRS990/NetAssetsOrFundBalancesEOYAmt010713602
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt010377865
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt010713602
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt01387552
IRS990/OccupancyGrp/TotalAmt01387552
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt051319
IRS990/OfficeExpensesGrp/ProgramServicesAmt013885
IRS990/OfficeExpensesGrp/TotalAmt065204
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt071779
IRS990/OtherEmployeeBenefitsGrp/TotalAmt071779
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt030551
IRS990/OtherExpensesGrp/TotalAmt030551
IRS990/OtherLiabilitiesGrp/BOYAmt074527
IRS990/OtherLiabilitiesGrp/EOYAmt073114
IRS990/OtherRevenueMiscGrp/BusinessCd0531110
IRS990/OtherRevenueMiscGrp/BusinessCd1531110
IRS990/OtherRevenueMiscGrp/BusinessCd2531110
IRS990/OtherRevenueMiscGrp/Desc0LAUNDRY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/Desc2TENANT CHARGES
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08161
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt14723
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt24195
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08161
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt14723
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt24195
IRS990/OtherRevenueTotalAmt017079
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0271650
IRS990/OtherSalariesAndWagesGrp/TotalAmt0271650
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ProgramServicesAmt025082
IRS990/PayrollTaxesGrp/TotalAmt025082
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0104776
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0103644
IRS990/PrincipalOfficerNm0REV MARC A MANCINI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENT- SENIOR HOUSING P
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02824761
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02824761
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0143267
IRS990/PYOtherExpensesAmt02069408
IRS990/PYOtherRevenueAmt036602
IRS990/PYProgramServiceRevenueAmt02728977
IRS990/PYRevenuesLessExpensesAmt0471874
IRS990/PYSalariesCompEmpBnftPaidAmt0367564
IRS990/PYTotalExpensesAmt02436972
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02908846
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0335737
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt02841840
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02055976
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05382095
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt04478217
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04376082
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08854299
IRS990ScheduleD/EquipmentGrp/BookValueAmt0100986
IRS990ScheduleD/EquipmentGrp/DepreciationAmt052201
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0153187
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02678429
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0610207
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0610207
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt060762
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0755598
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0816360
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt073114
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03014166
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES THE PROJECT RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY WHEN THEY ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE PROJECT HAD NO UNCERTAIN TAX POSITIONS THAT REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. THE PROJECT IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05250172
IRS990ScheduleD/TotalExpensesPerForm990Amt02678429
IRS990ScheduleD/TotalLiabilityAmt073114
IRS990ScheduleD/TotalRevenuePerForm990Amt03014166
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03014166
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02678429
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE DAY TO DAY OPERATION OF THE PROJECTS IS CONTRACTED TO THE RAYMOND P.MARZULLI COMPANY,INC., A PROFESSIONAL REAL ESTATE MANAGEMENT COMPANY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE CORPORATION MAY BE ANY CITIZEN OF THE UNITED STATES OF MAJORITY AGE, INTERESTED IN THE EXTENSION OF THE OBJECTIVES OF THECORPORATION, WHO HAS DULY EXECUTED AND FILED AN APPLICATION FOR MEMBERSHIP WHICH HAS BEEN APPROVED BY MAJORITY VOTE OF THE BOARD OF DIRECTORS, SHALL BE CONSIDERED A VOTING MEMBER OF THE GENERAL MEMBERSHIP OF THE CORPORATION. NO MEMBER SHALL HAVE THE RIGHT TO MORE THAN ONE VOTE ON ANY ISSUED, MOTIONOR RESOLUTION AT ANY GENERAL, ANNUAL OR SPECIAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS OF THE BOARD OF DIRECTORS ARE APPOINTED BY A MAJORITY VOTE OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DISTRIBUTIONS FROM THE REPAIRS AND REPLACEMENT RESERVE MUST BE APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRESIDENT AND TREASURER RECEIVE A HARD COPY OF THE FORM 990 FOR REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MANAGING FEES PAID TO THE MANAGING AGENT ARE DETERMINED IN ACCORDANCE WITH HUD REGULATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE OFFICES OF THE CORPORATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd4N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0THE RIESE CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1THE RIESE ST GERARD HOUSING CORP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2RIESE MADISON PARK INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3THE RIESE ST MARY'S COPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4MARTIN DE PORRES VILLAGE INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5RIESE WEST URBAN RENEWAL CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6RIESE EAST URBAN RENEWAL CORPORATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0221823795
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1227311149
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2222125691
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3222299252
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4222335549
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5871762348
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6854073771
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5501(C)4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6501(C)4
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6NJ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0PROVIDE SERVICES TO IMPROVE THE QUALITY OF LIFE OF LOW INCOME FAMILIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2LOW INCOME HOUSING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3LOW INCOME HOUSING

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