Mission
TO PROVIDE, OPERATE, AND PRESERVE AFFORDABLE HOUSING FOR LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES THROUGH FEDERALLY ASSISTED HOUSING PROGRAMS IN JERSEY CITY, NEW JERSEY.
Public Charity
PACO HOUSING CORPORATION I
Based in JERSEY CITY, NJ, PACO HOUSING CORPORATION I operates as a Public Charity. The organization reported $5.5M in revenue, $5.8M in expenses, $14.5M in total assets for fiscal year 2025.
EIN: 132868189
JERSEY CITY, NJ
Senior Citizens Housing & Retirement Communities
NTEE: L22
Latest filing: 2025
Total Revenue$5.5M
Total Expenses$5.8M
Total Assets$14.5M
Grant Records0
Filing Years2021–2025
Where $100 goes at Paco Housing Corporation I
How Paco Housing Corporation I divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$86
Programs
the work itself
$14
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $86 for programs
$86
Paco Housing Corporation I owns and operates villa borinquen, a 242-unit affordable housing community located in Jersey City, new jersey
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
TREASURER
Cesar Sarmiento
VICE CHAIRMAN
Frank Molina
CHAIRMAN
Narciso Moquete
BOARD MEMBER
Sonia Araujo
BOARD MEMBER
Vishnu Khemraj
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.5M | $5.8M | $14.5M |
| 2024 | $-230K | — | $15.5M |
| 2023 | $1.0M | — | $15.5M |
| 2022 | $962K | — | $15.1M |
| 2021 | $930K | — | $15.0M |
Between 2021 and 2025, reported annual revenue grew from $930K to $5.5M (+488%), with total assets most recently reported at $14.5M.
Interactive year-over-year charts and full filing details available with membership.