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Nonprofiteer
← IRONBOUND COMMUNITY CORPORATION

Form 990 for tax year 2024

Filed by IRONBOUND COMMUNITY CORPORATION.

Totals

Total revenue
$11,987,799
Total expenses
$10,588,766
Contributions and grants received
$11,482,027
Grants paid
$484,198
Program service revenue
$211,765
Investment income
$238,785
Other revenue
$55,222
Total assets, end of year
$22,239,778
Total liabilities, end of year
$2,423,421
Net assets or fund balances, end of year
$19,816,357
Program services expenses (Part IX)
$9,432,519
Management and general expenses
$927,800
Fundraising expenses
$228,447
Program service expenses (Part III)
$9,432,519

Program services were 89.1% 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.

  • 1c · Fundraising events

    $104,250

  • 1e · Government grants (contributions)

    $7,902,787

  • 1f · All other contributions, gifts and grants

    $3,474,990

  • 2a · Program service revenue: PARENTS FEES AND VOUCHERS

    total $211,765 · related or exempt $211,765

  • 3 · Investment income

    total $238,785 · unrelated business $0 · excluded $238,785

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $4,886

  • 8a · Fundraising events: contributions included on line 1c

    $104,250

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $4,886 · excluded $4,886

  • 9a · Gaming: gross income

    $490

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $490 · excluded $490

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: ADMIN FEES

    total $49,846 · related or exempt $49,846

  • 11e · Other revenue, total

    $49,846

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $45,000 · program services $45,000

  • 2 · Grants to domestic individuals

    total $439,198 · program services $439,198

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $355,617 · program services $215,731 · management and general $139,886

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $5,898,965 · program services $5,299,365 · management and general $453,486 · fundraising $146,114

  • 8 · Pension plan contributions

    total $38,880 · program services $37,047 · management and general $1,262 · fundraising $571

  • 9 · Other employee benefits

    total $692,322 · program services $651,161 · management and general $31,350 · fundraising $9,811

  • 10 · Payroll taxes

    total $579,420 · program services $514,880 · management and general $51,632 · fundraising $12,908

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $444,844 · program services $358,351 · management and general $69,194 · fundraising $17,299

  • 12 · Advertising and promotion

    total $18,805 · program services $18,805

  • 13 · Office expenses

    total $672,528 · program services $511,560 · management and general $128,775 · fundraising $32,193

  • 14 · Information technology

    total $31,024 · program services $28,898 · management and general $1,701 · fundraising $425

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $398,911 · program services $380,920 · management and general $14,339 · fundraising $3,652

  • 17 · Travel

    total $80,036 · program services $71,650 · management and general $6,709 · fundraising $1,677

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $146,168 · program services $134,214 · management and general $9,563 · fundraising $2,391

  • 20 · Interest

    total $72,341 · program services $72,341

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $395,832 · program services $389,511 · management and general $5,057 · fundraising $1,264

  • 23 · Insurance

    total $122,026 · program services $121,317 · management and general $567 · fundraising $142

  • 24a · Other expenses: BAD DEBT EXPENSE

    total $141,416 · program services $142,570 · management and general -$1,154

  • 24b · Other expenses: CLIENT EXPENSES

    total $15,433 · management and general $15,433

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $343,446 · end of year $236,936

  • 2 · Savings and temporary cash investments

    beginning of year $7,985,754 · end of year $9,501,119

  • 3 · Pledges and grants receivable

    beginning of year $3,658,819 · end of year $3,546,468

  • 4 · Accounts receivable

    beginning of year $11,820 · end of year $21,423

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $114,122 · end of year $110,214

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

    $14,957,811

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

    $6,167,145

  • 10c · Land, buildings and equipment, net

    beginning of year $9,045,661 · end of year $8,790,666

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $30,188 · end of year $32,952

  • 17 · Accounts payable and accrued expenses

    beginning of year $451,152 · end of year $343,425

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $2,324,713 · end of year $2,079,996

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $13,122,317 · end of year $13,854,135

  • 28 · Net assets with donor restrictions

    beginning of year $5,291,628 · end of year $5,962,222

Mission and programs · 2024

Mission

IRONBOUND COMMUNITY CORPORATION'S MISSION IS TO ENGAGE AND EMPOWER INDIVIDUALS, FAMILIES AND GROUPS IN REALIZING THEIR ASPIRATIONS AND, TOGETHER, WORK TO CREATE A JUST, VIBRANT AND SUSTAINABLE COMMUNITY.

Activities or mission (Part I)

ENGAGE AND EMPOWER INDIVIDUALS, FAMILIES AND GROUPS IN REALIZING THEIR ASPIRATIONS AND, TOGETHER, WORK TO CREATE A JUST, VIBRANT AND SUSTAINABLE COMMUNITY.

  • The preschool program is NAEYC accredited and provides developmentally appropriate and enriching care and education for 150 preschoolers, 75 three year olds and 75 four year olds. Our early childhood program is in contract with Newark Public Schools (NPS) and Administration for Children and Families (ACF). The program employs a health and nutrition coordinator and a family and community engagement manager who provide comprehensive services to children and families.

    Expenses $3,162,075 · Grants $7,916 · Revenue $211,765

  • Early Head Start serves 4 families who are pregnant, 12 families who have children up to 3 years of age at home, and 56 children 0-3 years at the center. Both in the home-based and center-based components, the staff helps parents with the changes and needs of their family that come along with having a small child, and the parent learns ways to help their child meet all milestones, including helping the family ensure the child is healthy, developmentally on target, and ready for the world. School readiness, is a major component of the Early Head Start program.

    Expenses $1,643,151 · Grants $436

  • Family Success Centers, emphasizing "family strengthening," which is a prevention-based strategy that partners professional staff with families as they reach towards their goals. The program provides a range of services to support and strengthen families. Community members look to the Family Success Center in times of need, for community celebration, and for access to opportunity. Advocates for affordable housing, public health, safe streets, and immigrant rights within the community it serves. The advocacy and organizing department strives to build a community that is safe, healthy, just, and equitable for all residents. This is done through various programs and initiatives, including: community organizing & leadership development, neighborhood planning & revitalization, public policy development, community resiliency, urban agriculture, and housing & economic empowerment.

    Expenses $1,772,147 · Grants $406,370

  • ADVOCACY AND ORGANIZING

    Expenses $1,182,463 · Grants $14,612

  • AFTER SCHOOL/ENRICHMENT PROGRAM

    Expenses $729,537 · Grants $42

  • FINANCIAL EMPOWERMENT & EDUCATION

    Expenses $578,791 · Grants $9,807

  • ADULT EDUCATION

    Expenses $364,355 · Grants $15

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

Listed in Part VII

  • Hazel Applewhite

    CEO

    Total calculated
    $200,638
    From this org
    $191,045
    From related orgs
    $0
    Other
    $9,593
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $135,968
    Bonus
    $750
    Other
    $54,327
    Deferred
    $2,600
    Nontaxable benefits
    $6,993
    Filer's total
    $200,638

  • Sandonna Jones

    SPECIAL PROJECTS TO CEO

    Total calculated
    $140,750
    From this org
    $140,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Maria Lopez-Nunez

    DEP. DIR. ORG/ADV (THRU 12/24)

    Total calculated
    $137,678
    From this org
    $137,678
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Melanie Reyes

    DIR. OPER, ADV&ORG (THRU 1/25)

    Total calculated
    $117,569
    From this org
    $114,215
    From related orgs
    $0
    Other
    $3,354
    Hours/week
    40

  • Alpesh Patel

    CFO

    Total calculated
    $87,066
    From this org
    $79,743
    From related orgs
    $0
    Other
    $7,323
    Hours/week
    40

  • David Robinson

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Johanna Moroch

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Ana Baptista PhD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Yolanda Hernandez

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Khabirah Myers Esq

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rafaela Remelgado

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Hilda Mera

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • William Good

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Natalie Tenezaca Lema

    TRUSTEE

    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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2024
Filed
15 July 2026
IRS schema version
2024v5.2
Source object
202621979349301112

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