Civic Intelligence

Paterson Development & Management Corporation

990 • Fiscal year 2021 • EIN 52-1976782

Apr 01, 2020 to Mar 31, 2021 • Filed on Oct 25, 2021

Organization ProfileN/A
60 Van Houten StreetPaterson, NJ 07505

(973) 684-8248

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

11th percentile

0.01x

Higher debt load relative to assets than 11% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

28th percentile

0.24x

Higher debt load relative to revenue than 28% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Net Margin

30th percentile

-20%

Higher net margin than 30% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

78th percentile

$219,542

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 221.7% of source-year revenue.

2021 filings • NTEE L • $1M-$5M nonprofits • Source year 2021

Asset Growth

53rd percentile

-1.2%

Faster asset growth than 53% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

10th percentile

-19%

Faster revenue growth than 10% of similar nonprofits.

2021 filings • NTEE L • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets11th percentile

Assets

Down

$1,901,646

Down $22,255 (-1.2%) from 2020

Net Assets

Down

$1,877,806

Down $19,611 (-1.0%) from 2020

Liabilities

Down

$23,840

Down $2,644 (-10.0%) from 2020

Revenue And Expenses
Liabilities / Revenue28th percentileNet Margin30th percentile

Revenue

Down

$99,035

Down $22,503 (-19%) from 2020

Expenses

Up

$118,646

Up $1,987 (+1.7%) from 2020

Net Income

Down

-$19,611

Down $24,490 (-502%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth53rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $62,654Liabilities 2010: $02010Assets 2011: $767,269Liabilities 2011: $229,369Net Assets 2011: $537,9002011Assets 2012: $1,440,276Liabilities 2012: $306,163Net Assets 2012: $1,134,1132012Assets 2013: $2,052,134Liabilities 2013: $339,530Net Assets 2013: $1,712,6042013Assets 2014: $1,920,082Liabilities 2014: $89,139Net Assets 2014: $1,830,9432014Assets 2015: $1,894,527Liabilities 2015: $25,495Net Assets 2015: $1,869,0322015Assets 2016: $1,905,802Liabilities 2016: $24,516Net Assets 2016: $1,881,2862016Assets 2017: $1,952,197Liabilities 2017: $23,212Net Assets 2017: $1,928,9852017Assets 2018: $1,960,195Liabilities 2018: $26,950Net Assets 2018: $1,933,2452018Assets 2019: $1,915,002Liabilities 2019: $22,464Net Assets 2019: $1,892,5382019Assets 2020: $1,923,901Liabilities 2020: $26,484Net Assets 2020: $1,897,4172020Assets 2021: $1,901,646Liabilities 2021: $23,840Net Assets 2021: $1,877,8062021Assets 2022: $1,888,523Liabilities 2022: $24,227Net Assets 2022: $1,864,2962022Assets 2023: $1,823,522Liabilities 2023: $31,682Net Assets 2023: $1,791,8402023Assets 2024: $1,770,174Liabilities 2024: $29,525Net Assets 2024: $1,740,6492024Assets 2025: $1,698,300Liabilities 2025: $27,614Net Assets 2025: $1,670,6862025

Highlighted filing

2021

Assets$1,901,646
Liabilities$23,840
Net Assets$1,877,806
Open 2021 Filing

Operations Trend

Revenue Growth10th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $63,900Expenses 2010: $1,476Net Income 2010: $62,4242010Revenue 2011: $490,467Expenses 2011: $15,221Net Income 2011: $475,2462011Revenue 2012: $603,854Expenses 2012: $8,326Net Income 2012: $595,5282012Expenses 2013: $206,9742013Revenue 2014: $233,612Expenses 2014: $115,273Net Income 2014: $118,3392014Revenue 2015: $131,773Expenses 2015: $93,684Net Income 2015: $38,0892015Revenue 2016: $116,479Expenses 2016: $104,225Net Income 2016: $12,2542016Revenue 2017: $138,746Expenses 2017: $91,047Net Income 2017: $47,6992017Revenue 2018: $107,625Expenses 2018: $103,365Net Income 2018: $4,2602018Revenue 2019: $96,837Expenses 2019: $137,544Net Income 2019: -$40,7072019Revenue 2020: $121,538Expenses 2020: $116,659Net Income 2020: $4,8792020Revenue 2021: $99,035Expenses 2021: $118,646Net Income 2021: -$19,6112021Revenue 2022: $87,968Expenses 2022: $101,478Net Income 2022: -$13,5102022Revenue 2023: $78,586Expenses 2023: $151,042Net Income 2023: -$72,4562023Revenue 2024: $93,407Expenses 2024: $144,598Net Income 2024: -$51,1912024Revenue 2025: $80,078Expenses 2025: $150,041Net Income 2025: -$69,9632025

Highlighted filing

2021

Revenue$99,035
Expenses$118,646
Net Income-$19,611
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Oct 25, 2021
Return Version
2020v4.1
Gross Receipts
$99,035
Mission and Program Overview

Mission

The organization is engaged in the development and management of low income housing apartment units for qualifying tenants in paterson, new jersey.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,414,574$1,370,943▼ $43,631
Cash and Non-Interest-Bearing Accounts$495,405$512,275▲ $16,870
Accounts Receivable$5,078$9,430▲ $4,352
Total Assets$1,923,901$1,901,646▼ $22,255
Other Assets Total$8,844$8,998▲ $154
Liabilities
Other Liabilities$14,687$15,462▲ $775
Accounts Payable and Accrued Expenses$11,797$8,378▼ $3,419
Total Liabilities$26,484$23,840▼ $2,644
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,897,417$1,877,806▼ $19,611
Total Net Assets Fund Balance$1,897,417$1,877,806▼ $19,611
Total Liabilities and Net Assets / Fund Balance$1,923,901$1,901,646▼ $22,255

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,370,943$374,313$1,745,256
Equipment$0$1,200$1,200
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Rev Dr Douglas MavenPresident
Eugenia BurtonVice President
Brenda BerkleyTrustee
Christine MillerTrustee
Michael CampbellTrustee
Peter RendinaTrustee
Irma GorhamSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$99,035
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-19,611

Audited Revenue Reconciliation

Revenue per Audited Statements
$99,035
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$99,035
Total Revenue per Form 990
$99,035
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$118,646
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$43,631--$43,631
Fees for Services Other$23,746--$23,746
Other Expenses$17,744--$17,744
Occupancy$10,965--$10,965
Fees for Services Management-$7,952-$7,952
Fees for Services Accounting$6,580--$6,580
Insurance$4,243$1,061-$5,304
Office Expenses$2,081$520-$2,601
Fees for Services Legal-$123-$123
Total Functional Expenses$108,990$9,656$0$118,646

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$118,646
Total Expenses per Audited Statements$118,646
Total Expenses per Form 990$118,646
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
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-AffiliateProp. Mgmt FeesNo$6,242
-AffiliateAsset Mgmt FeeNo$1,080
-AffiliateBookkeeping FeeNo$630
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$8,966
Payment in Lieu of Taxes$6,464
Security Deposit Interest$32
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
Yes
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
No
Conflict-of-interest policy
No
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

“Committees of the board cannot act on behalf of the board.”

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

“Form 990 is provided to the governing board for review and approval before filing.”

Form 990, Part VI, Section C, Line 19

“The organization's governing documents are available upon request by contacting management at the address shown.”

Filing and Contact Details

Filer

Filer Name
Paterson Development & Management
EIN
52-1976782
Phone
9736848248
Address
60 VAN HOUTEN STREET, PATERSON, NJ 07505

Signing Officer

Name
Irma Gorham
Title
Secretary
Phone
9736848248
Signed
2021-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Irma Gorham
Formed
1996
Legal Domicile
Nj
Voting Board Members
8
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Firm
Novogradac & Company Llp
Address
1433 HOOPER AVENUE SUITE 329, TOMS RIVER, NJ 08753
Preparer
Richard M Larsen
Phone
7325034257
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Maintenance expenses: program service expenses 17,282. Management and general expenses 0. Fundraising expenses 0. Total expenses 17,282. Payment in lieu of taxes: program service expenses 6,464. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,464.”

Form 990 Part XII, Line 2C

“The organization's oversight process or selection process has not changed during the tax year.”

Financial Statement Notes

PART X, LINE 2:

“The organization is a not-for-profit corporation exempt from income taxes under section 501(c)(3) of the internal revenue code (irc). As such, the organization is not taxed on income derived from its exempt functions. However, the organization is subject to tax on unrelated business income, which is generated from the organization's investment income and other activities not related to their stated exempt purposes. The organization had no significant deferred income tax assets or liabilities as of march 31, 2021. The organization has evaluated its tax positions for all open tax years. Currently, the tax years open and subject to examination by the internal revenue service are the 2018, 2019 and 2020 tax years. However, the organization is not currently under audit nor has the organization been contacted by any jurisdiction. Based on the evaluation of the organization's tax positions, management believes all tax positions taken would be upheld under examination. Therefore, no provision for the effects of uncertain tax positions have been recorded for the fiscal years ended march 31, 2021 and 2020.”

Raw XML AppendixShowing 400 of 418 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.

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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt099035
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0121538
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt096768
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0107539
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0137685
IRS990ScheduleA/Total509Grp/TotalAmt0562565
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt099035
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0121538
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt096837
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0107625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0138746
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0563781
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt01370943
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0374313
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01745256
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01200
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01200
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0118646
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt08966
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt16464
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt232
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYMENT IN LIEU OF TAXES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2SECURITY DEPOSIT INTEREST
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt099035
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS A NOT-FOR-PROFIT CORPORATION EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). AS SUCH, THE ORGANIZATION IS NOT TAXED ON INCOME DERIVED FROM ITS EXEMPT FUNCTIONS. HOWEVER, THE ORGANIZATION IS SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, WHICH IS GENERATED FROM THE ORGANIZATION'S INVESTMENT INCOME AND OTHER ACTIVITIES NOT RELATED TO THEIR STATED EXEMPT PURPOSES. THE ORGANIZATION HAD NO SIGNIFICANT DEFERRED INCOME TAX ASSETS OR LIABILITIES AS OF MARCH 31, 2021. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS FOR ALL OPEN TAX YEARS. CURRENTLY, THE TAX YEARS OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE ARE THE 2018, 2019 AND 2020 TAX YEARS. HOWEVER, THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY ANY JURISDICTION. BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL TAX POSITIONS TAKEN WOULD BE UPHELD UNDER EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAVE BEEN RECORDED FOR THE FISCAL YEARS ENDED MARCH 31, 2021 AND 2020.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01370943
IRS990ScheduleD/TotalExpensesPerForm990Amt0118646
IRS990ScheduleD/TotalLiabilityAmt015462
IRS990ScheduleD/TotalRevenuePerForm990Amt099035
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt099035
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0118646
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0219542
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0IRMA GORHAM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0219542
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0PATERSON HOUSING AUTHORITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt1PATERSON HOUSING AUTHORITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt2PATERSON HOUSING AUTHORITY
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt1AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt2AFFILIATE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd10
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd20
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt06242
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt1630
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt21080
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0PROP. MGMT FEES
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc1BOOKKEEPING FEE
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc2ASSET MGMT FEE
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMMITTEES OF THE BOARD CANNOT ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS PROVIDED TO THE GOVERNING BOARD FOR REVIEW AND APPROVAL BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST BY CONTACTING MANAGEMENT AT THE ADDRESS SHOWN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MAINTENANCE EXPENSES: PROGRAM SERVICE EXPENSES 17,282. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,282. PAYMENT IN LIEU OF TAXES: PROGRAM SERVICE EXPENSES 6,464. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,464.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S OVERSIGHT PROCESS OR SELECTION PROCESS HAS NOT CHANGED DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01923901
IRS990/TotalAssetsEOYAmt01901646
IRS990/TotalAssetsGrp/BOYAmt01923901
IRS990/TotalAssetsGrp/EOYAmt01901646
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09656
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0108990
IRS990/TotalFunctionalExpensesGrp/TotalAmt0118646
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt026484
IRS990/TotalLiabilitiesEOYAmt023840
IRS990/TotalLiabilitiesGrp/BOYAmt026484
IRS990/TotalLiabilitiesGrp/EOYAmt023840
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01897417
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01877806
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0108990
IRS990/TotalProgramServiceRevenueAmt099035
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt099035
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt099035
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01923901
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01901646
IRS990/TotReportableCompRltdOrgAmt0219542
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt060 VAN HOUTEN STREET
IRS990/USAddress/CityNm0PATERSON
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007505
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IRMA GORHAM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09736848248
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PATERSON DEVELOPMENT & MANAGEMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0PATE
ReturnHeader/Filer/EIN0521976782
ReturnHeader/Filer/PhoneNum09736848248
ReturnHeader/Filer/USAddress/AddressLine1Txt060 VAN HOUTEN STREET

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,901,646
Liabilities
$23,840
Net assets
$1,877,806
Revenue
$99,035
Expenses
$118,646
Net income
-$19,611
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.70$0.03$1.67$0.08$0.15$0.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.77$0.03$1.74$0.09$0.14$0.05
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.82$0.03$1.79$0.08$0.15$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.89$0.02$1.86$0.09$0.10$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.90$0.02$1.88$0.10$0.12$0.02
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.03$1.90$0.12$0.12$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.92$0.02$1.89$0.10$0.14$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$0.03$1.93$0.11$0.10$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.95$0.02$1.93$0.14$0.09$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.91$0.02$1.88$0.12$0.10$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.89$0.03$1.87$0.13$0.09$0.04
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.92$0.09$1.83$0.23$0.12$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.34$1.71$0.21
2012Summary only. Only limited summary data is available for this year.$1.44$0.31$1.13$0.60$0.01$0.60
2011Summary only. Only limited summary data is available for this year.$0.77$0.23$0.54$0.49$0.02$0.48
2010Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.00$0.06