Public Charity

PACO CDC

PACO CDC, of JERSEY CITY, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $578K in revenue, $154K in expenses, $19.7M in total assets. 2 publicly reported grants to this organization, totaling roughly $9.4M, appear in IRS filings.

EIN: 352531666 JERSEY CITY, NJ Latest filing: 2024
Total Revenue$578K
Total Expenses$154K
Total Assets$19.7M
Grant Records2
Funding Total$9.4M
Filing Years2019–2024

Mission

To construct and provide financing for affordable housing. To conduct community outreach events for homelessness and other community events.

Officers & Directors

TREASURER Cesar Sarmiento
SECRETARY Edward Fowlkes
TRUSTEE Edward Kolling
CHAIRMAN Frank Molina
TRUSTEE Vidal Ledda
VICE CHAIRMAN Vishnu Khemraj

Officer compensation and complete director data available with membership.

Top Grant Purposes

PROCEEDS FROM SALE OF PROPERTY HELD BY FILING ENTITY ON BEHALF OF PACO COMMUNITY DEVELOPMENT CORP
$9,380,920 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $578K $154K $19.7M
2023 $407K $36K $18.2M
2022 $199K $173K $16.9M
2020 $511K $148K $18.1M
2019 $450K $203K $16.9M

Between 2019 and 2024, reported annual revenue grew from $450K to $578K (+28%), with total assets most recently reported at $19.7M.

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

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