Public Charity

Passaic Enterprise Zone Development Corporation

Passaic Enterprise Zone Development Corporation is a Public Charity headquartered in Passaic, NJ. Financial data from the 2024 filing: $674K revenue, $516K expenses, $1.5M total assets. IRS filings disclose 6 grants awarded by this foundation, totaling roughly $1.2M.

EIN: 223382424 Passaic, NJ Latest filing: 2024
Total Revenue$674K
Total Expenses$516K
Total Assets$1.5M
Grants Given6
Grant Total$1.2M
Filing Years2019–2024

Mission

TO ADMINISTER THE STATES URBAN ENTERPRISE ZONE IN THE CITY OF PASSAIC

Officers & Directors

TRUSTEE Abril Barrales
TRUSTEE Angel J Castillo
TRUSTEE Gary Schaer
TRUSTEE Hector Lora
TRUSTEE Joyce Gregory-Hunt
TRUSTEE Kenneth Simpson

Officer compensation and complete director data available with membership.

Top Grant Purposes

To eradicate graffiti and garbage
$1,189,367 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $674K $516K $1.5M
2023 $492K $366K $1.3M
2022 $50K $593K $1.1M
2020 $37K $494K $2.2M
2019 $62K $535K $2.6M

Between 2019 and 2024, reported annual revenue grew from $62K to $674K (+986%), with total assets most recently reported at $1.5M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NJ.

NJ

Full geographic grant map with state-by-state breakdown available with membership.

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