Civic Intelligence

Hamilton Partnership for Paterson Inc

EIN 27-0826275 • 501(c)3 • Paterson, NJ

Profile

To enhance the educational, social and economic benefits of the new paterson great falls national historical park for the city, the state and the nation.

72 Mcbride AvePaterson, NJ 07501

www.hamiltonpartnership.org

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Source year 2025

Net Margin

5th percentile

-94%

Higher net margin than 5% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

41st percentile

$76,500

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 32.9% of source-year revenue.

NTEE S • $1M-$5M nonprofits • Source year 2025

Asset Growth

19th percentile

-8.1%

Faster asset growth than 19% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

8th percentile

-42%

Faster revenue growth than 8% of similar nonprofits.

NTEE S • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$2,496,282

Down $220,143 (-8.1%) from 2024

Liabilities

Down

$538

Down $1,343 (-71%) from 2024

Net Assets

Down

$2,495,744

Down $218,800 (-8.1%) from 2024

Revenue

Down

$232,652

Down $170,516 (-42%) from 2024

Expenses

Up

$451,452

Up $175,232 (+63%) from 2024

Net Income

Down

-$218,800

Down $345,748 (-272%) from 2024

Trend Graphs

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $167,817Liabilities 2011: $38,668Net Assets 2011: $129,1492011Assets 2014: $816,653Liabilities 2014: $62,184Net Assets 2014: $754,4692014Assets 2015: $540,750Liabilities 2015: $46,024Net Assets 2015: $494,7262015Assets 2016: $178,749Liabilities 2016: $36,861Net Assets 2016: $141,8882016Assets 2017: $458,368Liabilities 2017: $42,053Net Assets 2017: $416,3152017Assets 2018: $638,461Liabilities 2018: $88,395Net Assets 2018: $550,0662018Assets 2019: $2,612,629Liabilities 2019: $95,100Net Assets 2019: $2,517,5292019Assets 2020: $2,754,650Liabilities 2020: $228,027Net Assets 2020: $2,526,6232020Assets 2021: $2,865,916Liabilities 2021: $197,776Net Assets 2021: $2,668,1402021Assets 2022: $2,714,041Liabilities 2022: $93,789Net Assets 2022: $2,620,2522022Assets 2023: $2,603,874Liabilities 2023: $16,278Net Assets 2023: $2,587,5962023Assets 2024: $2,716,425Liabilities 2024: $1,881Net Assets 2024: $2,714,5442024Assets 2025: $2,496,282Liabilities 2025: $538Net Assets 2025: $2,495,7442025

Highlighted filing

2025

Assets$2,496,282
Liabilities$538
Net Assets$2,495,744

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $319,7672011Revenue 2014: $1,125,683Expenses 2014: $419,946Net Income 2014: $705,7372014Revenue 2015: $183,770Expenses 2015: $443,513Net Income 2015: -$259,7432015Revenue 2016: $224,142Expenses 2016: $576,980Net Income 2016: -$352,8382016Revenue 2017: $839,297Expenses 2017: $564,870Net Income 2017: $274,4272017Revenue 2018: $757,535Expenses 2018: $623,784Net Income 2018: $133,7512018Revenue 2019: $2,473,327Expenses 2019: $505,864Net Income 2019: $1,967,4632019Revenue 2020: $537,747Expenses 2020: $528,653Net Income 2020: $9,0942020Revenue 2021: $613,090Expenses 2021: $471,573Net Income 2021: $141,5172021Revenue 2022: $536,737Expenses 2022: $584,625Net Income 2022: -$47,8882022Revenue 2023: $364,729Expenses 2023: $397,385Net Income 2023: -$32,6562023Revenue 2024: $403,168Expenses 2024: $276,220Net Income 2024: $126,9482024Revenue 2025: $232,652Expenses 2025: $451,452Net Income 2025: -$218,8002025

Highlighted filing

2025

Revenue$232,652
Expenses$451,452
Net Income-$218,800

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.50$0.00$2.50$0.23$0.45$0.22
2024Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.71$0.40$0.28$0.13
2023Detailed filing. Detailed filing data is available for this year.$2.60$0.02$2.59$0.36$0.40$0.03
2022Detailed filing. Detailed filing data is available for this year.$2.71$0.09$2.62$0.54$0.58$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.87$0.20$2.67$0.61$0.47$0.14
2020Detailed filing. Detailed filing data is available for this year.$2.75$0.23$2.53$0.54$0.53$0.01
2019Detailed filing. Detailed filing data is available for this year.$2.61$0.10$2.52$2.47$0.51$1.97
2018Detailed filing. Detailed filing data is available for this year.$0.64$0.09$0.55$0.76$0.62$0.13
2017Detailed filing. Detailed filing data is available for this year.$0.46$0.04$0.42$0.84$0.56$0.27
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.04$0.14$0.22$0.58$0.35
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.05$0.49$0.18$0.44$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.06$0.75$1.13$0.42$0.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.04$0.13$0.32
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 4, 2025
Return Version
2024v5.2
Gross Receipts
$232,652
Mission and Program Overview

Mission

To enhance the educational, social and economic benefits of the new paterson great falls national historical park for the city, the state and the nation.

To enhance the public benefits of the paterson great falls national park

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$528,978$347,372▼ $181,606
Pledges and Grants Receivable$43,000$3,000▼ $40,000
Land, Buildings, and Equipment, Net$2,381$1,157▼ $1,224
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,716,425$2,496,282▼ $220,143
Other Assets Total$2,142,066$2,144,753▲ $2,687
Liabilities
Accounts Payable and Accrued Expenses$1,881$538▼ $1,343
Total Liabilities$1,881$538▼ $1,343
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,276,966$2,058,166▼ $218,800
Net Assets With Donor Restrictions$437,578$437,578→ $0
Total Net Assets Fund Balance$2,714,544$2,495,744▼ $218,800
Total Liabilities and Net Assets / Fund Balance$2,716,425$2,496,282▼ $220,143

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,157$6,981$8,138
Other Land Buildings-$1,533$1,533
Other Assets Org$2,687--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Leslie WeberFormer Exec DirectorFT$76,500$76,500
Stephanie CullinsExecutive DirectorFT$43,577$43,577

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$229,084
Program Service Revenue
$2,500
Investment Income
$1,068
Other Revenue
$0
All Other Contributions
$229,084
Change in Net Assets
$-218,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$274,891
Other Expenses$176,561
Total Fundraising Expense$99,876
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$62,440$14,409$43,228$120,077
Other Salaries and Wages$58,597$13,523$40,566$112,686
Fees for Services Other$4,057$34,048-$38,105
Other Employee Benefits$12,128$2,799$8,397$23,324
Fees for Services Legal$11,574$10,684-$22,258
Payroll Taxes$9,778$2,256$6,770$18,804
Office Expenses-$13,737-$13,737
Travel$9,635--$9,635
Occupancy$4,731$4,367-$9,098
Fees for Services Accounting$4,238$3,912-$8,150
Insurance-$1,779-$1,779
Depreciation Depletion-$1,224-$1,224
Other Expenses$58,265$13,395$915$915
Total Functional Expenses$235,443$116,133$99,876$451,452
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body

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

The board of trustees receive digital and physical copies of the form 990 prior to the quarterly board meeting when the audit is presented and approved by the board. Each trustee is encouraged to review the form and submit comments via e-mail prior to the meeting or voice their comments at the meeting prior to the filing of the form 990.

Form 990, Part VI, Section B, Line 12C

The organization currently has in place a conflict of interest policy which it annually monitors and enforces. The board currently mandates that all trustees and principal officers annually sign a conflict of interest policy and disclose any potential or actual conflicts that may exist. The signed conflict of interest policy is submitted to the board who reviews the signed attestations for potential or actual conflicts. If a potential or actual conflict exists, the board or committee will inform the member of the basis of such belief and afford the member an opportunity to respond. The board or committee will disclose the conflict of interest and how the conflict was handled. The person with the actual conflict of interest will be prohibited from voting on the matter that gives rise to the conflict. If there has been substantial and repeated failures to disclose actual conflicts of interest, the board may take appropriate disciplinary and corrective action, including removal of the member.

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

The organization engaged the nonprofit center at lasalle university's school of business to undertake a president compensation study. This study was completed in 2019. The president's compensation was reviewed and approved by the board's executive committee. The approval was documented in the minutes.

Form 990, Part VI, Section C, Line 19

The organization makes its form 990, governing documents, conflict of interest policy and financial information available to the public upon request at 72 mcbride avenue, paterson, nj 07501.

Filing and Contact Details

Filer

Filer Name
Hamilton Partnership for Paterson Inc
EIN
27-0826275
Phone
9734131628
Address
72 MCBRIDE AVE, PATERSON, NJ 07501

Signing Officer

Name
Stephanie Cullins
Title
Executive Director
Signed
2025-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Stephanie Cullins
Formed
2009
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
11
Volunteers
15

Preparer

Firm
Mcintee Fusaro Del Corral LLC
Address
277 FAIRFIELD RD STE 300, FAIRFIELD, NJ 07004
Preparer
Darren Fusaro CPA
Phone
9738820300
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The organization recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the organization had no uncertain tax positions that would require financial statement recognition or disclosure. The organization is no longer subject to examiniations by the applicable taxing jurisdictions for periods prior to june 30, 2022.

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

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IRS990/MissionDesc0THE HAMILTON PARTNERSHIP FOR PATERSON IS THE OFFICIAL NONPROFIT PARTNER OF THE PATERSON GREAT FALLS NATIONAL HISTORIC PARK. OUR MISSION IS TO ENHANCE THE EDUCATIONAL, SOCIAL, CULTURAL, AND ECONOMIC BENEFITS OF THE PAGR FOR THE CITY, THE STATE AND NATION.
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