Public Charity

HOUSING DEVELOPMENT CORPORATION OF BERGEN COUNTY

Based in HACKENSACK, NJ, HOUSING DEVELOPMENT CORPORATION OF BERGEN COUNTY operates as a Public Charity. The organization reported $7.5M in revenue, $5.6M in expenses, $47.3M in total assets for fiscal year 2025.

EIN: 222245961 HACKENSACK, NJ Latest filing: 2025
Total Revenue$7.5M
Total Expenses$5.6M
Total Assets$47.3M
Grant Records0
Filing Years2021–2025

Mission

TO PROVIDE AFFORDABLE HOUSING TO SENIOR AND HANDICAPPED CITIZENS.

Where $100 goes at Housing Development Corporation of Bergen County

How Housing Development Corporation of Bergen County divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 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 $85 for programs

$85
Operation of affordable housing units for senior and handicapped individuals
All program spending
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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

PRESIDENT Al Restaino
TRUSTEE Daniel Ortega
VICE PRESIDENT Diane Scriveri
TRUSTEE Harvey Sohmer
DIRECTOR OF DEVELOPMENT John Biale
TRUSTEE Joseph Rutch

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $7.5M $5.6M $47.3M
2024 $7.9M $7.1M $45.9M
2023 $6.7M $6.1M $45.4M
2022 $6.4M $5.3M $44.7M
2021 $6.1M $4.9M $44.1M

Between 2021 and 2025, reported annual revenue grew from $6.1M to $7.5M (+23%), with total assets most recently reported at $47.3M.

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

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