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Nonprofiteer
← MARTIN DE PORRES VILLAGE INC

Form 990 for tax year 2025

Filed by MARTIN DE PORRES VILLAGE INC.

Totals

Total revenue
$3,799,866
Total expenses
$2,533,025
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,524,590
Investment income
$265,155
Other revenue
$10,121
Total assets, end of year
$12,378,415
Total liabilities, end of year
$194,286
Net assets or fund balances, end of year
$12,184,129
Program services expenses (Part IX)
$2,306,494
Management and general expenses
$226,531
Fundraising expenses
$0
Program service expenses (Part III)
$2,306,494

Program services were 91.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RENT - LOW INCOME HOUS

    total $3,524,590 · related or exempt $3,524,590

  • 3 · Investment income

    total $265,155 · excluded $265,155

  • 11a · Other revenue: LAUNDRY MACHINE INCOME

    total $8,313 · related or exempt $8,313

  • 11b · Other revenue: MISCELLANEOUS INCOME

    total $1,808 · related or exempt $1,808

  • 11e · Other revenue, total

    $10,121

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $440,034 · program services $440,034

  • 9 · Other employee benefits

    total $64,422 · program services $64,422

  • 10 · Payroll taxes

    total $35,738 · program services $35,738

  • 11a · Fees: management

    total $153,479 · management and general $153,479

  • 11c · Fees: accounting

    total $16,000 · management and general $16,000

  • 13 · Office expenses

    total $44,693 · program services $2,041 · management and general $42,652

  • 14 · Information technology

    total $14,400 · management and general $14,400

  • 16 · Occupancy

    total $1,223,230 · program services $1,223,230

  • 22 · Depreciation, depletion and amortization

    total $378,808 · program services $378,808

  • 23 · Insurance

    total $162,221 · program services $162,221

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $548,450 · end of year $2,066,224

  • 2 · Savings and temporary cash investments

    beginning of year $6,509,996 · end of year $6,581,945

  • 4 · Accounts receivable

    beginning of year $14,822 · end of year $8,438

  • 9 · Prepaid expenses and deferred charges

    beginning of year $80,654 · end of year $85,511

  • 10a · Land, buildings and equipment: cost or other basis

    $8,994,561

  • 10b · Land, buildings and equipment: accumulated depreciation

    $5,366,859

  • 10c · Land, buildings and equipment, net

    beginning of year $3,911,919 · end of year $3,627,702

  • 15 · Other assets

    beginning of year $8,595 · end of year $8,595

  • 17 · Accounts payable and accrued expenses

    beginning of year $80,241 · end of year $114,897

  • 19 · Deferred revenue

    beginning of year $14,090 · end of year $14,739

  • 25 · Other liabilities

    beginning of year $62,817 · end of year $64,650

  • 27 · Net assets without donor restrictions

    beginning of year $10,917,288 · end of year $12,184,129

Mission and programs · 2025

Mission

TO OPERATE A LOW INCOME HOUSING PROJECT THAT PROVIDES AFFORDABLE HOUSING FOR 143 FAMILIES IN PATERSON, NEW JERSEY.

  • TO PROVIDE LOW INCOME HOUSING.

    Expenses $2,306,494 · Revenue $3,534,711

As filed on the 2025 return.

Listed in Part VII

  • Rev Marc A Mancini

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Rev Msgt Herbert K Tillyer

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Deacon Joseph A Puskas

    TREASURER

    Total calculated
    $0
    Hours/week
    5

  • Deacon Peter A Cistaro

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Thomas Burns

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Dennis P Butler

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lynn E Gaffney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Andrew F McBride III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Patrick Murray

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deacon Gregory J Szpunar

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Sr Maureen Shaughnessy Sc

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Deacon Marc Mackin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Anthony Denova

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • THE RIESE CORPORATION

    501(C)4 · PROVIDE SERVICES TO ENHANCE THE LIVES OF INDIVIDUALS IN AFFORDABLE HOUSING · NJ

  • THE RIESE ST GERARD HOUSING CORP

    501(C)3 · LOW INCOME HOUSING · NJ

  • RIESE MADISON PARK INC

    501(C)3 · LOW INCOME HOUSING · NJ

  • THE RIESE ST MARY'S COPORATION

    501(C)3 · LOW INCOME HOUSING · NJ

  • RIESE PROJECTS URBAN RENEWAL CORPORATION

    501(C)4 · LOW INCOME HOUSING · NJ

  • RIESE WEST URBAN RENEWAL CORPORATION

    501(C)4 · LOW INCOME HOUSING · NJ

  • RIESE EAST URBAN RENEWAL CORPORATION

    501(C)4 · LOW INCOME HOUSING · NJ

  • RIESE FOUNDATION INC

    501(C)3 · PROVIDE SERVICES TO ENHANCE THE LIVES OF INDIVIDUALS IN AFFORDABLE HOUSING · NJ

Provenance

Return type
form_990
Tax year
2025
Filed
4 May 2026
IRS schema version
2025v4.1
Source object
202611349349303621

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