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Nonprofiteer
← RURAL DEVELOPMENT CORP

Form 990 for tax year 2024

Filed by RURAL DEVELOPMENT CORP.

Totals

Total revenue
$6,629,459
Total expenses
$5,189,088
Contributions and grants received
$4,962,533
Grants paid
$0
Program service revenue
$1,533,178
Investment income
$51,008
Other revenue
$82,740
Total assets, end of year
$5,082,674
Total liabilities, end of year
$904,158
Net assets or fund balances, end of year
$4,178,516
Program services expenses (Part IX)
$4,877,989
Management and general expenses
$278,289
Fundraising expenses
$32,810
Program service expenses (Part III)
$4,877,989

Program services were 94.0% 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.

  • 1e · Government grants (contributions)

    $4,957,325

  • 1f · All other contributions, gifts and grants

    $5,208

  • 2a · Program service revenue: SHELTER SUPPORT

    total $1,533,178 · related or exempt $1,533,178

  • 3 · Investment income

    total $51,008 · related or exempt $51,008

  • 8a · Fundraising events: gross income

    $82,740

  • 8c · Net income from fundraising events

    total $82,740

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,418,987 · program services $1,404,711 · management and general $14,276

  • 9 · Other employee benefits

    total $125,826 · program services $125,112 · management and general $714

  • 10 · Payroll taxes

    total $143,623 · program services $141,910 · management and general $1,713

  • 11b · Fees: legal

    total $18,693 · program services $16,824 · management and general $1,869

  • 11c · Fees: accounting

    total $41,336 · program services $37,202 · management and general $4,134

  • 11g · Fees: other

    total $17,857 · program services $16,393 · management and general $667 · fundraising $797

  • 12 · Advertising and promotion

    total $8,267 · program services $7,440 · management and general $827

  • 13 · Office expenses

    total $66,238 · program services $28,008 · management and general $6,624 · fundraising $31,606

  • 17 · Travel

    total $52,589 · program services $47,137 · management and general $5,259 · fundraising $193

  • 19 · Conferences, conventions and meetings

    total $16,182 · program services $14,564 · management and general $1,618

  • 20 · Interest

    total $16,947 · management and general $16,947

  • 22 · Depreciation, depletion and amortization

    total $182,444 · management and general $182,444

  • 23 · Insurance

    total $57,657 · program services $51,891 · management and general $5,766

  • 24a · Other expenses: FOOD PURCHASES

    total $2,549,903 · program services $2,549,903

  • 24b · Other expenses: OCCUPANCY

    total $332,480 · program services $299,232 · management and general $33,248

  • 24c · Other expenses: REPAIRS & MAINTENANCE

    total $107,858 · program services $107,858

  • 24d · Other expenses: TELEPHONE & INTERNET

    total $20,804 · program services $18,724 · management and general $2,080

  • 24e · All other expenses

    total $11,397 · program services $11,080 · management and general $103 · fundraising $214

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,655,460 · end of year $1,008,831

  • 3 · Pledges and grants receivable

    beginning of year $382,802 · end of year $420,360

  • 9 · Prepaid expenses and deferred charges

    beginning of year $8,889 · end of year $10,594

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

    $5,575,628

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

    $2,040,191

  • 10c · Land, buildings and equipment, net

    beginning of year $1,445,717 · end of year $3,535,437

  • 11 · Investments: publicly traded securities

    beginning of year $102,168 · end of year $107,452

  • 15 · Other assets

    beginning of year $851,148

  • 17 · Accounts payable and accrued expenses

    beginning of year $617,293 · end of year $261,814

  • 24 · Unsecured notes and loans payable

    beginning of year $14,181 · end of year $13,025

  • 25 · Other liabilities

    beginning of year $1,076,565 · end of year $629,319

  • 27 · Net assets without donor restrictions

    beginning of year $2,738,145 · end of year $4,178,516

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE COMMUNITY ORGANIZATION AND OUTREACH BY ADMINISTERING VARIOUS SOCIAL SERVICES INCLUDING A REGIONAL FOOD DISTRIBUTION PROGRAM AND A FAMILIY SHELTER PROGRAM TO THE DISADVANTAGED AND NEEDY RESIDENTS OF SOUTHERN NEW JERSEY.

  • SOUTHERN REGIONAL FOOD DISTRIBUTION CENTER OPERATER A REGIONAL FOOD BANK, SERVING SOUP KITCHEN PROGRAMS FOR THE HOMELESS AND NEEDY. THE DISTRIBUTION CENTER ALSO SUPPLIES FOOD TO NON-PROFIT EMERGENCY FOOD PANTRIES IN ATLANTIC, CAMDEN, CAPE MAY & CUMBERLAND COUNTIES

    Expenses $3,471,726 · Revenue $4,888,125

  • CUMBERLAND FAMILY SHELTER OPERATES A HOMELESS SHELTER PROVIDING SUPPORTIVE TRANSPORTATION, CASE MANAGEMENT, CLOTHING, AND MEALS TO FAMILIES, COUPLES AND SINGLE MEN AND WOMEN FROM ATLANTIC, CAMDEN, SALEM & CUMBERLAND COUNTIES BY REFERRAL AS A SAFER AND MORE AFFORDABLE ALTRERNATIVE TO UNSUPERVISED MOTEL PLACEMENT.

    Expenses $1,406,263 · Revenue $1,533,178

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Fischer

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Kellie Slade

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    2
  • Bridget Sharer

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Jay Einstein

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Todd Buonodonna

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Kim Codispoti

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jane Grant-Damminger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Paula Davis

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Thomas Merighi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Ed Smith

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Josephine White

    BOARD MEMEBR

    Total calculated
    $0
    Hours/week
    2
  • Leslie Wolcott

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jill Lombardo

    EXECUTIVE DI

    Total calculated
    $133,431
    From this org
    $133,431
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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.

Provenance

Return type
form_990
Tax year
2024
Filed
29 September 2025
IRS schema version
2024v5.0
Source object
202502769349301230

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