2025-03-26T13:10:38-05:00 2024-06-30 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2023-07-01 462360340 The Waterfront Project Inc % ISABEL CHOU WATE 5512567578 830 Bergen Avenue 4A Jersey City NJ 07306 Isabel Chou Board Chair 5512567578 2025-03-31 true true Brad Caruso P01249134 7328281614 2023 2025-03-06 01:10:19Z Isabel Chou 830 Bergen Avenue 4A Jersey City NJ 07306 2941289 false X www.thewaterfrontproject.org X 2013 NJ OUR MISSION IS TO PREVENT HOMELESSNESS, PRESERVE AFFORDABLE HOUSING, AND PROMOTE NEIGHBORHOOD STABILITY - ONE FAMILY, ONE HOME, ONE FUTURE AT A TIME. 8 8 38 10 0 2209247 2926148 0 0 274 153 0 510 2209521 2926811 0 566817 0 0 1422106 2173396 0 0 37096 671741 362928 2093847 3103141 115674 -176330 820007 797281 175106 328710 644901 468571 WFP IS DEDICATED TO ASSISTING HUDSON COUNTY'S ECONOMICALLY DISADVANTAGED PEOPLE BY PROVIDING INFORMATION, ADVISE AND PRO BONO LEGAL REPRESENTATION TO ADDRESS THEIR CIVIL LEGAL ISSUES AND CONCERNS. false false 2487383 566817 Eviction Prevention - our Eviction Prevention Program is a cornerstone of our mission to prevent homelessness and protect the rights of tenants. With the threat of eviction looming over many families in northern New Jersey, our dedicated team of resource navigators, housing counselors and attorneys works tirelessly to ensure that no one is unjustly displaced from their home. Last year, we provided crucial legal and housing counseling assistance to 2,000 tenants facing eviction in Northern New Jersey. Of these cases, 53% of tenants required legal representation. representation. 278229 Foreclosure Prevention - Our Foreclosure Prevention Program offers crucial support to those facing the devastating possibility of losing their homes due to financial hardship. In the past year, The Waterfront Project has provided comprehensive foreclosure counseling to numerous homeowners, empowering them to navigate the complexities of foreclosure prevention. Through our dedicated efforts, we have helped countless families avoid foreclosure and maintain their homes, fostering stability and security within our community. 2765612 true true false false false false false false false false false false false false true true true false false false false false false false true false false false true false false false false true false false false false false false false false false false false false false false 0 0 true 38 true false false false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false NJ X X ISABEL CHOU 5512567578 830 BERGEN AVENUE 4A jersey city NJ 07306 CAROL SAINTHILAIRE EXECUTIVE DIRECTOR 40.0 0.0 X 86275 0 9979 ISABEL CHOU BOARD CHAIR 5.0 0.0 X X 0 0 0 FRANCESCA LARSON VICE CHAIR 5.0 0.0 X X 0 0 0 KATHERINE BRENNAN TRUSTEE 5.0 0.0 X 0 0 0 LUCAS SWANEPOEL BOARD SECRETARY 5.0 0.0 X X 0 0 0 RACHAEL D'SILVA TRUSTEE 5.0 0.0 X 0 0 0 ERIN LAW TRUSTEE 5.0 0.0 X 0 0 0 PAULA NEVOSO TRUSTEE 5.0 0.0 X 0 0 0 RYAN PENNE TRUSTEE 5.0 0.0 X 0 0 0 86275 0 9979 0 false false false 0 42878 2704749 178521 2926148 0 153 0 153 0 0 0 0 0 0 14478 42878 14478 0 0 0 0 0 0 OTHER INCOME 900099 510 510 510 2926811 0 663 0 566817 566817 0 0 140352 134567 4892 893 0 1700337 1630046 58678 11613 18697 17950 731 16 123037 118132 4810 95 190973 183361 7465 147 0 9126 9126 43440 43440 0 0 0 108763 17542 91221 23765 23765 80387 76945 2894 548 49318 49318 0 2793 2678 96 19 3603 3603 0 1994 1994 2233 2233 0 4845 4845 0 BAD DEBT EXPENSE 32661 32661 3103141 2765612 300433 37096 4349 9027 168368 177979 638913 587555 0 0 0 0 0 0 0 0 0 0 8377 8185 0 0 0 0 0 0 0 0 0 0 0 14535 820007 797281 70835 114475 0 0 0 117604 0 0 0 0 97845 78541 6426 3581 0 0 0 14509 175106 328710 X 644901 443571 0 25000 644901 468571 820007 797281 -176330 X X false true X true true true X 472185 862392 660224 2932702 2926148 7853651 0 0 472185 862392 660224 2932702 2926148 7853651 0 7853651 174 153 327 0 0 0 0 100 510 610 7854588 0.99988 1.00000 X 0.00000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 LEASE LIABILITY, FINANCING 14509 14509 X 3014394 73105 14478 87583 2926811 2926811 3190724 73105 14478 87583 3103141 3103141 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE UNITED STATES INTERNAL REVENUE CODE AND EXEMPT FROM STATE INCOME TAXES UNDER STATE LAW, AND NO PROVISION FOR SUCH INCOME TAX HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS EVALUATED UNCERTAIN TAX POSITIONS WITH RESPECT TO ITS OPERATIONS AND CONCLUDED THERE ARE NO SUCH POSITIONS AT JUNE 30, 2024. THE ORGANIZATION DID NOT RECOGNIZE ANY TAX-RELATED INTEREST OR PENALTIES DURING THE PERIOD PRESENTED IN THESE FINANCIAL STATEMENTS. PARTS XI and XII, LINE 2D: SPECIAL EVENT EXPENSE OF $14,478. JUSTICE FOR ALL 57356 42878 14478 14478 0 57356 42878 14478 14478 14478 true CLIENT ASSISTANCE 83 566817 SCHEDULE I, PART III, LINE 1(B): THE NUMBER REFLECTED REPRESENTS THE NUMBER OF HOUSEHOLDS SERVED. Schedule I Part I, Line 2 The Organization receives federal state and local funds to provide for rental and other assistance to be provided to individuals. The Organization follows the grant requirements for eligibility and approves the distribution of funds to individuals prior to distribution of those funds based on the required criteria. CAROL SAINTHILAIRE EXECUTIVE DIRECTOR ORGANIZATION SUPPORT X 249941 78541 false true true 78541 FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS PREPARED BY AN OUTSIDE ACCOUNTING FIRM. THE DRAFT 990 IS THEN REVIEWED BY THE FINANCE COMMITTEE PRIOR TO SUBMISSION TO THE BOARD FOR THEIR REVIEW AND APPROVAL. UPON APPROVAL BY THE BOARD THE FORM 990 IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C: ALL STAFF AND BOARD MEMBERS ARE REQUIRED TO REVIEW AND SIGN A CONFLICT OF INTEREST STATEMENT. THEY ARE REQUIRED TO NOTIFY MANAGEMENT OF ANY CONFLICTS THAT ARISE. THE POLICY IS REVIEWED AND NEW FORMS ARE SIGNED EVERY TWO YEARS. FORM 990, PART XII, LINE 1 THE ORGANIZATION CHANGED ITS BASIS OF ACCOUNTING FROM CASH TO ACCRUAL BASIS TO MATCH ITS BASIS OF ACCOUNTING AS PRESENTED IN ITS ANNUAL AUDITED FINANCIAL STATEMENTS. THIS ADJUSTMENT HAD NO IMPACT ON THE PRIOR YEAR REPORTED 990 AMOUNTS AS THEY WERE REPORTED ON AN ACCRUAL BASIS. FORM 990 PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION ANNUAL BUDGETS THAT INCLUDE ANY SALARIES ARE PREPARED BY MANAGEMENT AND ARE APPROVED ANNUALLY BY THE BOARD. AS PART OF THE AUTHORIZATION PROCESS FOR MANAGEMENT EMPLOYEES, COMPARISONS ARE MADE WITH OTHER LIKE SIZED NOT FOR PROFIT ORGANIZATIONS AS WELL AS REVIEW OF SALARY SURVEYS.