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Nonprofit · EIN 22-1859916

ASPIRA INC OF NEW JERSEY

Tax-exempt · NEWARK, NJ 07104

Financials

$1.4M$1.3M2022$1.4M$1.8M2023$830K$1.2M2024
Revenue Expenses · by fiscal year end
Financials of ASPIRA INC OF NEW JERSEY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$829,526$1,224,207-$394,681$2,079,227$1,888,365$190,862
June 30, 2024990$1,357,065$1,771,617-$414,552$2,495,829$1,887,249$608,580
June 30, 2023990$1,449,912$1,264,403$185,509$1,065,582$37,881$1,027,701
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$827,671
of which government grants
$635,648
Program service revenue
$0
Investment income
$0
Other revenue
$1,855

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$129,275
Other salaries and wages
$502,475
Salaries, compensation and benefits (total)
$741,624
Professional fundraising fees
$0
Legal fees
$7,500
Accounting fees
$54,400
Occupancy
$68,338
Travel
$40,343
Depreciation
$219
Program services (functional)
$1,008,211
Management and general (functional)
$215,996

Balance sheet and other

Total assets, start of year
$2,495,829
Total assets, end of year
$2,079,227
Total liabilities, end of year
$1,888,365
Net assets, end of year
$190,862
Land, buildings and equipment
$239
Net assets without donor restrictions
$190,862
Gross receipts
$829,526
Employees
40
Volunteers
0
Year formed
1968
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.

NameTitleHours / weekCompensation
CARLOS VALENTIN JREXECUTIVE DIRECTOR
Trustee or director, Officer
35$129,275
FERNANDO ACEVEDO JRCHAIRPERSON
Trustee or director
2$0
MR AURELIO DIAZTREASURER
Trustee or director
2$0
VICTOR AFANADORSECRETARY
Trustee or director
2$0
ELIZABETH JIMENEZMEMBER
Trustee or director
2$0
NATASHA ALVARADOMEMBER-STUDENT REP
Trustee or director
2$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensation
CARLOS VALENTIN JREXECUTIVE DIRECTOR
Trustee or director, Officer
35$202,580
FERNANDO ACEVEDO JRCHAIRPERSON
Trustee or director
2$0
MR AURELIO DIAZTREASURER
Trustee or director
2$0
VICTOR AFANADORSECRETARY
Trustee or director
2$0
ELIZABETH JIMENEZMEMBER
Trustee or director
2$0
NATASHA ALVARADOMEMBER-STUDENT REP
Trustee or director
2$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
CARLOS VALENTIN JREXECUTIVE DIRECTOR
Trustee or director, Officer
35$134,247
FERNANDO ACEVEDO JRCHAIRPERSON
Trustee or director
2$0
MR AURELIO DIAZTREASURER
Trustee or director
2$0
VICTOR AFANADORSECRETARY
Trustee or director
2$0
ELIZABETH JIMENEZMEMBER
Trustee or director
2$0
NATASHA ALVARADOMEMBER-STUDENT REP
Trustee or director
2$0

Address and contacts

Address (IRS master file)
390 BROAD ST FL 3, NEWARK, NJ 07104-3311
In care of
% IVAN QUERVALU PRESIDENT
Principal officer (990 for 2024)
CARLOS VALENTIN JR, 390 BROAD STREET, NEWARK, NJ 07104
Signed the 990
CARLOS VALENTIN JR, EXECUTIVE DIRECTOR
Phone
(973) 484-7554
Return prepared by
HARISH HATHIWALA CPA

Mission

ASPIRA INC OF NEW JERSEY DEVELOPS THE INTELLECTUAL AND CREATIVE CAPACITY OF PUERTO RICAN AND OTHER YOUTH IN THEIR COMMUNITY

990 for the year ended June 30, 2025

Program accomplishments

  • WORK READINESS PROGRAM: ASSIST OUT OF WORK CLIENTS WITH DEVELOPMENT OF BASICS JOB SEARCH TECHNIQUES & ACQUISITION OF SOFT SKILLS NEEDED TO FIND AND SECURE EMPLOYMENT.
    Expenses $85,826
  • EDUCATION LEADERSHIP DEVELOPMENT INCLUDING,21ST CENTURY: SUCCESSFULLY SERVED OVER 300 KIDS IN LUIS MUNOZ MARIN AND RAFAEL HERNANDEZ ELEMENTARY SCHOOLS DURING THE ACADEMIC YEAR IN FILL STEM PROGRAMMING FOR GRADES 4 TO 8. PROVIDED SCHOLARSHIPS TO 10 KIDS FOR ATTENDING COLLEGE,EXPANDED ASPIRA CLUBS TO MORE SCHOOLS INCLUDING BARRINGER HIGH SCHOOL AND TECHNOLOGY HIGH SCHOOL. EXPANDED PROGRAMMING TO NOW INCLUDE A PARTNERSHIP WITH NEWARK PUBLIC SCHOOLS AND PROGRAM FOR PARENTS TO OFFER SERVICES TO THE PRE K AND K CHILDREN AT LUIS MUNOZ MARIN, AVON AVE AND LUIS A SPENSCER SCHOOL
    Expenses $478,113
  • PROVIDED JOB SERACH ASSSITANCE TO OVER 100 CLIENTS WHO RECEIVED PUBLIC ASSISTANCE THROUGH ESSEX COUNTY CITIZEN SERVICES. SERVICED OVER 450 CHILDREN THROUGH OUT SUMMER PROGRAM, PROVIDING THEM WITH MANY FUN AND EDUCATIONAL ACTIVITIES THROUHGOUT THE SUMMER AT MCKINLEY ELEMENTARY AND ELLIOT STREET SCHOOL.0
  • This is comprehensive support service that are provided to help children and families meet their needs by providing safe nature and support systems throughout different agencies and program within the state of NJ. Those programs are: Juvenile Justice Program, ASPIRA Fitness Boxing Program, Family Success Center, among others.
    Expenses $444,272

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-1859916
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
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,079,227
Income (IRS master file)
$829,526

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$829,526$1,224,207$2,079,227IRS
990June 2024$1,357,065$1,771,617$2,495,829IRS
990June 2023$1,449,912$1,264,403$1,065,582XML
990June 2022$1,413,779$1,647,394$872,110IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 22-1859916).

Questions about ASPIRA INC OF NEW JERSEY

What is the EIN of ASPIRA INC OF NEW JERSEY?
The employer identification number (EIN) of ASPIRA INC OF NEW JERSEY is 22-1859916.
Is ASPIRA INC OF NEW JERSEY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to ASPIRA INC OF NEW JERSEY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASPIRA INC OF NEW JERSEY 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 ASPIRA INC OF NEW JERSEY 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 ASPIRA INC OF NEW JERSEY 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 ASPIRA INC OF NEW JERSEY?
The 990 for the year ended June 30, 2025 names CARLOS VALENTIN JR.
Who are the officers and directors of ASPIRA INC OF NEW JERSEY?
The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $129,275 (CARLOS VALENTIN JR, EXECUTIVE DIRECTOR).
How much revenue does ASPIRA INC OF NEW JERSEY have?
On its 990 for the year ended June 30, 2025 it reported revenue of $829,526, expenses of $1,224,207 and total assets of $2,079,227 at year end.

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