Civic Intelligence

Garfield Properties Holding Corporation

EIN 82-5218588 • 501(c)2 • Palmyra, NJ

Profile

To support a 501(c)(3) organization - Epworth United Methodist Church

501 Morgan AvePalmyra, NJ 08065
Siviq Scores

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

Liabilities / Assets

68th percentile

0.02x

Higher debt load relative to assets than 68% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

78th percentile

0.08x

Higher debt load relative to revenue than 78% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

0.2%

Higher net margin than 39% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$5,544

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

NTEE S • <$500k nonprofits • Source year 2024

Asset Growth

50th percentile

0.0%

Faster asset growth than 50% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

56th percentile

4.3%

Faster revenue growth than 56% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$312,649

Up $154 (+0.0%) from 2023

Liabilities

Up

$6,873

Up $1,909 (+38%) from 2023

Net Assets

Down

$305,776

Down $1,755 (-0.6%) from 2023

Operations
Liabilities / Revenue78th percentileNet Margin39th percentile

Revenue

Up

$88,706

Up $3,643 (+4.3%) from 2023

Expenses

Up

$88,552

Up $449 (+0.5%) from 2023

Net Income

Up

$154

Up $3,194 (+105%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

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

$400K$300K$200K$100K$0Assets 2019: $329,090Liabilities 2019: $17,7662019Assets 2020: $342,426Liabilities 2020: $19,3722020Assets 2021: $332,898Liabilities 2021: $18,688Net Assets 2021: $314,2102021Assets 2022: $330,579Liabilities 2022: $20,008Net Assets 2022: $310,5712022Assets 2023: $312,495Liabilities 2023: $4,964Net Assets 2023: $307,5312023Assets 2024: $312,649Liabilities 2024: $6,873Net Assets 2024: $305,7762024

Highlighted filing

2024

Assets$312,649
Liabilities$6,873
Net Assets$305,776
Open 2024 Filing

Operations Trend

Revenue Growth56th percentile

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

$100K$50K$0-$50KRevenue 2019: $61,550Expenses 2019: $74,113Net Income 2019: -$12,5632019Revenue 2020: $61,870Expenses 2020: $54,409Net Income 2020: $7,4612020Revenue 2021: $68,962Expenses 2021: $77,806Net Income 2021: -$8,8442021Revenue 2022: $76,273Expenses 2022: $79,912Net Income 2022: -$3,6392022Revenue 2023: $85,063Expenses 2023: $88,103Net Income 2023: -$3,0402023Revenue 2024: $88,706Expenses 2024: $88,552Net Income 2024: $1542024

Highlighted filing

2024

Revenue$88,706
Expenses$88,552
Net Income$154
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$312,649
Liabilities
$6,873
Net assets
$305,776
Revenue
$88,706
Expenses
$88,552
Net income
$154
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.13$0.07$3.06$0.89$0.89$0.00
2023Detailed filing. Detailed filing data is available for this year.$3.12$0.05$3.08$0.85$0.88$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.31$0.20$3.11$0.76$0.80$0.04
2021Detailed filing. Detailed filing data is available for this year.$3.33$0.19$3.14$0.69$0.78$0.09
2020Summary only. Only limited summary data is available for this year.$3.42$0.19$0.62$0.54$0.07
2019Summary only. Only limited summary data is available for this year.$3.29$0.18$0.62$0.74$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.0
Gross Receipts
$88,706
Mission and Program Overview

Mission

To support a 501(c)(3) organization - Epworth United Methodist Church

Program Services

DescriptionGrantsExpenses
This section is not required for 501(c)(2) organizations.--
Compensation and Service Providers
Top Officer Pay86th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Vincent VerricoManagerPT$5,544-$5,544
Clifford MasonTrustee Chairman-$0--
William TippenhauerTreasurer-$0--
Jim WestonTrustee-$0--
Joan SchweringTrustee-$0--
Eva SchultzTrustee-$0--
Fred CookTrustee-$0--
Barbara KingTrustee-$0--
Bob PryTrustee-$0--
Douglas LehmanTrustee-$0--
Donald NeffTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Garfield Properties Holding Corporation
EIN
82-5218588
Phone
8568291908
Address
501 Morgan Ave, Palmyra, NJ 08065

Signing Officer

Name
William Tippenhauer
Title
Treasurer
Phone
8568291884
Signed
2025-05-13
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8

“Collected Rents”

Form 990-EZ, Part I, Line 10

“Distributed to our 501(c)(3) organization (Epworth United Methodist Church)”

Form 990-EZ, Part I, Line 20

“Increase in Tenants Security Deposits”

Form 990-EZ, Part II, Line 26

“Tenants Security Deposits”

Raw XML Appendix166 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0William Tippenhauer
IRS990EZ/BooksInCareOfDetail/PhoneNum08568291884
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0220 Morgan Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Palmyra
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008065
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017495
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt017649
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/ExcessOrDeficitForYearAmt0154
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01484
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0312495
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0312649
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt031000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt088706
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0604
IRS990EZ/LandAndBuildingsGrp/BOYAmt0295000
IRS990EZ/LandAndBuildingsGrp/EOYAmt0295000
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0307531
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0305776
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0307531
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0305776
IRS990EZ/OccupancyRentUtltsAndMaintAmt049528
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt06
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt05544
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Vincent Verrico
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Clifford Mason
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2William Tippenhauer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Jim Weston
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Joan Schwering
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Eva Schultz
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Fred Cook
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Barbara King
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Bob Pry
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Douglas Lehman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm10Donald Neff
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Manager
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Trustee
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-1909
IRS990EZ/OtherExpensesTotalAmt00
IRS990EZ/OtherRevenueTotalAmt088102
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To support a 501(c)(3) organization - Epworth United Methodist Church
IRS990EZ/PrintingPublicationsPostageAmt0184
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0This section is not required for 501(c)(2) organizations.
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SalariesOtherCompEmplBnftAmt06356
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04964
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt06873
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt088552
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt088706
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Collected Rents
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Distributed to our 501(c)(3) organization (Epworth United Methodist Church)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Increase in Tenants Security Deposits
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Tenants Security Deposits
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part II, Line 26
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0William Tippenhauer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum08568291884
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GARFIELD PROPERTIES HOLDING CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GARF
ReturnHeader/Filer/EIN0825218588
ReturnHeader/Filer/PhoneNum08568291908
ReturnHeader/Filer/USAddress/AddressLine1Txt0501 Morgan Ave
ReturnHeader/Filer/USAddress/CityNm0Palmyra
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008065
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-13T12:08:31-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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