Mission
To construct and provide financing for affordable housing. To conduct community outreach events for homelessness and other community events.
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
Community & Neighborhood Development
NTEE: S20
Latest filing: 2024
Total Revenue$578K
Total Expenses$154K
Total Assets$19.7M
Grant Records2
Funding Total$9.4M
Filing Years2019–2024
Where $100 goes at Paco CDC
How Paco CDC divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$61
Programs
the work itself
$39
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 $61 for programs
$61
Conducted community outreach events including holiday celebrations, food programs, and other homelessness programs and community services
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
PROCEEDS FROM SALE OF PROPERTY HELD BY FILING ENTITY ON BEHALF OF PACO COMMUNITY DEVELOPMENT CORP
$8,443,846
PROCEEDS FROM SALE OF PROPERTY HELD BY FILING ENTITY ON BEHALF OF PACO COMMUNITY DEVELOPMENT CORP
$937,074
Showing up to 5 of 2 total records — full history available with membership.
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
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.