Mission
TO PROVIDE LOW-INCOME SENIOR CITIZENS AND HANDICAPPED HOUSING. THE RIESE PROJECTS INC PROVIDES 201 UNITS, WITH ONE OF THE UNITS OCCUPIED BY THE SUPERINTENDENT.
RIESE PROJECTS URBAN RENEWAL CORPORATION, of PATERSON, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $3.1M in revenue, $3.0M in expenses, $11.6M in total assets.
TO PROVIDE LOW-INCOME SENIOR CITIZENS AND HANDICAPPED HOUSING. THE RIESE PROJECTS INC PROVIDES 201 UNITS, WITH ONE OF THE UNITS OCCUPIED BY THE SUPERINTENDENT.
How Riese Projects Urban Renewal Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
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.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $3.1M | $3.0M | $11.6M |
| 2024 | $3.0M | $2.7M | $11.6M |
| 2023 | $2.9M | $2.4M | $11.6M |
| 2022 | $3.1M | $2.4M | $11.4M |
| 2021 | $3.1M | $2.1M | $11.3M |
Between 2021 and 2025, reported annual revenue held roughly steady at around $3.1M, with total assets most recently reported at $11.6M.
Interactive year-over-year charts and full filing details available with membership.