Form 990 for tax year 2022
Filed by HOUSING AND COMMUNITY DEVELOPMENT NETWORK OF NEW JERSEY INC.
Totals
- Total revenue
- $2,664,936
- Total expenses
- $3,426,502
- Contributions and grants received
- $2,494,648
- Grants paid
- $0
- Program service revenue
- $19,250
- Investment income
- $822
- Other revenue
- $150,216
- Total assets, end of year
- $5,000,275
- Total liabilities, end of year
- $612,508
- Net assets or fund balances, end of year
- $4,387,767
- Program services expenses (Part IX)
- $3,049,081
- Management and general expenses
- $323,139
- Fundraising expenses
- $54,282
- Program service expenses (Part III)
- $3,049,081
Program services were 89.0% 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.
-
1b · Membership dues
$79,282
-
1e · Government grants (contributions)
$22,500
-
1f · All other contributions, gifts and grants
$2,392,866
-
2a · Program service revenue: Tech assist & training fees
total $19,250 · unrelated business $0 · excluded $0
-
3 · Investment income
total $822 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $72,513
-
6c · Rental income or loss
real property $72,513
-
6d · Net rental income or loss
total $72,513 · related or exempt $72,513
-
11a · Other revenue: Miscellaneous
total $25,963 · related or exempt $25,963 · unrelated business $0 · excluded $0
-
11b · Other revenue: Sponsorships
total $51,740 · related or exempt $51,740 · unrelated business $0 · excluded $0
-
11c · Other revenue: Community scholars
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$77,703
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $1,165,395 · program services $895,023 · management and general $233,079 · fundraising $37,293
-
8 · Pension plan contributions
total $29,766 · program services $22,920 · management and general $5,894 · fundraising $952
-
9 · Other employee benefits
total $139,015 · program services $107,042 · management and general $27,525 · fundraising $4,448
-
10 · Payroll taxes
total $84,143 · program services $64,790 · management and general $16,660 · fundraising $2,693
-
12 · Advertising and promotion
total $500 · program services $385 · management and general $100 · fundraising $15
-
13 · Office expenses
total $18,837 · program services $15,333 · management and general $2,939 · fundraising $565
-
16 · Occupancy
total $7,368 · program services $7,272 · management and general $81 · fundraising $15
-
22 · Depreciation, depletion and amortization
total $46,647 · program services $35,640 · management and general $9,468 · fundraising $1,539
-
23 · Insurance
total $18,380 · program services $14,579 · management and general $3,584 · fundraising $217
-
24a · Other expenses: Community scholars
total $16,159 · program services $16,159 · management and general $0 · fundraising $0
-
24b · Other expenses: Consultants-HUD contracts
total $1,600,934 · program services $1,600,934 · management and general $0 · fundraising $0
-
24c · Other expenses: Professional fees
total $18,202 · program services $17,019 · management and general $783 · fundraising $400
-
24d · Other expenses: Repairs and maintenance
total $61,912 · program services $47,672 · management and general $10,463 · fundraising $3,777
-
24e · All other expenses
total $219,244 · program services $204,313 · management and general $12,563 · fundraising $2,368
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,280,519 · end of year $4,038,567
-
2 · Savings and temporary cash investments
beginning of year $636,291 · end of year $491,834
-
3 · Pledges and grants receivable
beginning of year $52,500 · end of year $10,500
-
4 · Accounts receivable
beginning of year $46,399 · end of year $53,797
-
9 · Prepaid expenses and deferred charges
end of year $5,204
-
10a · Land, buildings and equipment: cost or other basis
$1,458,340
-
10b · Land, buildings and equipment: accumulated depreciation
$1,070,683
-
10c · Land, buildings and equipment, net
beginning of year $430,748 · end of year $387,657
-
15 · Other assets
beginning of year $12,913 · end of year $12,716
-
17 · Accounts payable and accrued expenses
beginning of year $255,181 · end of year $578,585
-
21 · Escrow or custodial account liability
beginning of year $12,252 · end of year $12,252
-
23 · Secured mortgages and notes payable
beginning of year $35,663 · end of year $14,730
-
25 · Other liabilities
beginning of year $6,941 · end of year $6,941
-
27 · Net assets without donor restrictions
beginning of year $3,617,173 · end of year $3,477,767
-
28 · Net assets with donor restrictions
beginning of year $1,532,160 · end of year $910,000
Mission and programs · 2022
Mission
To enhance the ability of non-profit housing corporations to create and preserve long-term affordable housing in New Jersey by providing networking and support services, capacity building & resource development, and education and public policy advocacy.
-
This agency was established to enhance the ability of non-profit housing corporations to create and preserve long-term affordable housing in New Jersey by providing networking and support services, capacity building & resource development, and education and public policy advocacy.
Expenses $3,049,081 · Revenue $19,250
As filed on the 2022 return.
Listed in Part VII
-
John Restrepo
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Leslie Stivale
Vice-Chair & Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Daniel Antonellis
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Edward Bethea
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Robert Guarasci
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Victora Hernandez
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Michael Johnson
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Barbara George Johnson
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
SanDonna Jones
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Wanda Saez
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Bridget Phifer
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Alle Ries
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Laura Rodgers
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Jaymie Santiago
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Mark Valli
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Blair Schleicher Wilson
Director at-large
- Total calculated
- $0
- Hours/week
- 0.5
-
Staci Berger
President & CEO
- Total calculated
- $157,533
- From this org
- $143,261
- From related orgs
- $0
- Other
- $14,272
- Hours/week
- 40
-
Sharon Barker
Vice-President & COO
- Total calculated
- $157,525
- From this org
- $139,711
- From related orgs
- $0
- Other
- $17,814
- 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
- 2022
- Filed
- 24 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343149349305064
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