Mission
TO PROVIDE PROGRAMS GEARED PRIMARILY FOR LOW-INCOME CITIZENS, SENIOR CITIZENS AND HANDICAPPED RESIDENTS OF BAYONNE, NJ.
Public Charity
BAYONNE ECONOMIC OPPORTUNITY FOUNDATION
BAYONNE ECONOMIC OPPORTUNITY FOUNDATION is a Public Charity headquartered in BAYONNE, NJ. Financial data from the 2025 filing: $5.4M revenue, $5.5M expenses, $2.5M total assets. 17 publicly reported grants to this organization, totaling roughly $245K, appear in IRS filings.
EIN: 221811616
BAYONNE, NJ
Human Service Organizations
NTEE: P20
Latest filing: 2025
Total Revenue$5.4M
Total Expenses$5.5M
Total Assets$2.5M
Grant Records17
Funding Total$245K
Filing Years2021–2025
Where $100 goes at Bayonne Economic Opportunity Foundation
How Bayonne Economic Opportunity Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$75
Programs
the work itself
$24
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $75 for programs
$38
To empower families and nurture and educate young children between the ages of 3 and 5
$33
To provide assistance to low-income individuals and families in need
$4
Administer and facilitate the city of Bayonne's community development block grant program.Providing a zero interest deferred loan for low to moderate income home owners to make code, health…
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.
Sample Grants Received
For grant recipient's exempt purposes
$5,425
GENERAL SUPPORT
$25,000
FUNDING FOR NEW FACILITY INFRASTRUCTURE RENOVATION TO AN INDUSTRIAL KITCHEN TO EXPAND AND SUPPLEMENT GROWING NEED FOR MEALS ON WHEELS AND CONGREGATE SENIOR CENTERS FOR HOT NUTRITIOUS LUNCHES 5 DAYS A WEEK ALONG WITH ONGOING SAFETY CHECKS FOR OVER 2,000 SENIOR RESIDENTS' WELL-BEING. ADDITIONALLY, MEALS ON WHEELS WILL BE ASSISTED FOR 3,500 SENIORS BY ASSISTING WITH PROVIDING CONSUMABLE SUPPLIES FOR HOMEBOUND SENIOR HOME MEAL DELIVERIES FOR THE COMMUNITIES SERVED.
$100,000
CIVIC/COMMUNITY DEVELOPMENTCIVIC/COMMUNITY DEVELOPMENT
$15,000
FUNDING TO SUPPLEMENT TWO CONGREGATE SENIOR CENTERS FOR HOT NUTRITIOUS LUNCHES 5 DAYS A WEEK ALONG WITH ONGOING SAFETY CHECKS FOR OVER 2,000 SENIOR RESIDENTS' WELL-BEING. ADDITIONALLY, MEALS ON WHEELS WILL BE ASSISTED FOR 3,500 SENIORS BY ASSISTING WITH PROVIDING CONSUMABLE SUPPLIES FOR HOMEBOUND SENIOR HOME MEAL DELIVERIES FOR THE COMMUNITIES SERVED.
$100,000
Showing up to 5 of 17 total records — full history available with membership.
Officers & Directors
ED FR 9/16/24
Anthony Segarra
TRUSTEE
Barbara Pelliccio
TREASURER
Chester Banks
VICE CHAIRMAN
Denise Dorans
TRUSTEE
Henry Perez
SECRETARY
Jackie Farber
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $5.4M | $5.5M | $2.5M |
| 2024 | $4.7M | $5.3M | $2.5M |
| 2023 | $5.3M | $4.6M | $2.3M |
| 2022 | $4.4M | $4.1M | $2.4M |
| 2021 | $4.0M | $4.0M | $897K |
Between 2021 and 2025, reported annual revenue grew from $4.0M to $5.4M (+36%), with total assets most recently reported at $2.5M.
Interactive year-over-year charts and full filing details available with membership.