Greater Paterson Chamber Foundation Inc is located in Paterson, NJ. The organization was established in 1987. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Paterson Chamber Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2016, Greater Paterson Chamber Foundation Inc generated $955.0 in total revenue. All expenses for the organization totaled $2.5k during the year ending 12/2016. While expenses have increased by 128.7% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
PROGRAMS & TRAINING SEMINARS TO STUDY OR ASSIST IN THE STUDY OF THE CITY OF PATERSON'S ECONOMIC & SOCIAL STRUCTURE TO IMPROVE THE SAME
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A M Dykes II Trustee | 0 | $0 | |
Sheri A Ferreira Trustee | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $950 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $955 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $310 |
| Total expenses | $2,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,541 |
| Other assets | $0 |
| Total assets | $8,541 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,541 |