Nonprofit · EIN 20-5188780
VINELAND DEVELOPMENT CORPORATION
Tax-exempt · VINELAND, NJ 08360
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,971,430 | $1,998,936 | $1,972,494 | $91,720,264 | $5,316,940 | $86,403,324 |
| June 30, 2024 | 990 | $5,209,328 | $1,356,657 | $3,852,671 | $88,091,662 | $3,660,832 | $84,430,830 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,915,155
- Investment income
- $709,612
- Net rental income
- $26,146
- Other revenue
- $346,663
Expenses
- Grants and similar amounts paid
- $267,646
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $145,494
- Accounting fees
- $13,120
- Occupancy
- $45,264
- Depreciation
- $410
- Program services (functional)
- $1,827,791
- Management and general (functional)
- $171,145
Balance sheet and other
- Total assets, start of year
- $88,091,662
- Total assets, end of year
- $91,720,264
- Total liabilities, end of year
- $5,316,940
- Net assets, end of year
- $86,403,324
- Land, buildings and equipment
- $12,090,147
- Net assets without donor restrictions
- $86,403,324
- Gross receipts
- $4,492,074
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2006
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Anthony Fanucci | Trustee Trustee or director | 1 | $0 |
| Cosmo Giovinazzi | Trustee Trustee or director | 1 | $0 |
| Paul Spinelli | Trustee Trustee or director | 1 | $0 |
| Donata Dalesandro | Trustee Trustee or director | 1 | $0 |
| Safee Chaudhri | Trustee Trustee or director | 1 | $0 |
| Victor Villar | Trustee Trustee or director | 1 | $0 |
| Praful Thakkar | Trustee Trustee or director | 1 | $0 |
| Nicholas Fiocchi | Trustee Trustee or director | 1 | $0 |
| Doug Stasuk | Trustee Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Anthony Fanucci | Trustee Trustee or director | 1 | $0 |
| Cosmo Giovinazzi | Trustee Trustee or director | 1 | $0 |
| Paul Spinelli | Trustee Trustee or director | 1 | $0 |
| Donata Dalesandro | Trustee Trustee or director | 1 | $0 |
| Safee Chaudhri | Trustee Trustee or director | 1 | $0 |
| Victor Villar | Trustee Trustee or director | 1 | $0 |
| Praful Thakkar | Trustee Trustee or director | 1 | $0 |
| Nicholas Fiocchi | Trustee Trustee or director | 1 | $0 |
| Doug Stasuk | Trustee Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 640 E WOOD ST, VINELAND, NJ 08360-3722
- In care of
- % PERRY BARSE
- Principal officer (990 for 2024)
- Sandra Forosisky, 640 East Wood Street, Vineland, NJ 08360
- Signed the 990
- Sandra Forosisky, Executive Director
- Phone
- (856) 794-4000
- Return prepared by
- STRINGARI AND STRINGARI CPA PC
Mission
Assist in the revitalization and redevelopment of the City of Vineland, encourage private investment, and assist in economic development.
Program accomplishments
- Provide loans and other incentives for economic growth and development in the City of Vineland.Expenses $1,827,791 · grants $267,646 · revenue $2,915,155
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 20-5188780
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $91,720,264
- Income (IRS master file)
- $4,492,074
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,971,430 | $1,998,936 | $91,720,264 | XML |
| 990 | June 2024 | $5,209,328 | $1,356,657 | $88,091,662 | XML |
| 990 | June 2023 | $5,230,999 | $1,281,275 | $81,251,438 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-5188780).
Questions about VINELAND DEVELOPMENT CORPORATION
- What is the EIN of VINELAND DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of VINELAND DEVELOPMENT CORPORATION is 20-5188780.
- Is VINELAND DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to VINELAND DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VINELAND DEVELOPMENT CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of VINELAND DEVELOPMENT CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VINELAND DEVELOPMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of VINELAND DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 names Sandra Forosisky.
- Who are the officers and directors of VINELAND DEVELOPMENT CORPORATION?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does VINELAND DEVELOPMENT CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,971,430, expenses of $1,998,936 and total assets of $91,720,264 at year end.
Other nonprofits in VINELAND
- RURAL DEVELOPMENT CORP EIN 51-0188108 · last filed 990 for 2024
- ENTERPRISE ZONE DEVELOPMENT CORP OF VINELAND AND MILLVILLE EIN 22-2756826 · last filed 990 for 2025
- VINELAND DOWNTOWN IMPROVEMENT AUTHORITY EIN 22-3116666 · last filed 990 for 2025
- CHAMBER OF COMMERCE OF GREATER VINELAND EIN 21-0587365 · last filed 990 for 2026
- NJ PACE ASSOCIATION INC EIN 83-0927236 · last filed 990-EZ for 2025
- ROTARY INTERNATIONAL EIN 22-6064992 · last filed 990-EZ for 2025
- ROADIES OF COLOR UNITED PROFESSIONAL ASSOCIATION INC EIN 87-2207467 · last filed 990-EZ for 2025
- HEBREW WOMENS BENEVOLENT SOCIETY EIN 21-6016534 · last filed 990-EZ for 2025
All nonprofits in VINELAND · New Jersey · Community improvement and capacity building