Nonprofit · EIN 22-1947953
PATERSON NJ OIC
Tax-exempt · PATERSON, NJ 07505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $240,667 | $313,821 | -$73,154 | $60,070 | $236,776 | -$176,706 |
| June 30, 2024 | 990 (amended) | $495,071 | $338,259 | $156,812 | $107,357 | $205,954 | -$98,597 |
| June 30, 2023 | 990 (amended) | $151,018 | $215,258 | -$64,240 | $121,527 | $366,705 | -$245,178 |
| June 30, 2022 | 990 | $183,245 | $274,777 | -$91,532 | $154,364 | $270,323 | -$115,959 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $240,667
- of which government grants
- $240,667
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $28,538
- Other salaries and wages
- $91,001
- Salaries, compensation and benefits (total)
- $141,028
- Professional fundraising fees
- $0
- Accounting fees
- $16,200
- Occupancy
- $40,800
- Program services (functional)
- $301,010
- Management and general (functional)
- $12,811
Balance sheet and other
- Total assets, start of year
- $107,357
- Total assets, end of year
- $60,070
- Total liabilities, end of year
- $236,776
- Net assets, end of year
- -$176,706
- Net assets without donor restrictions
- -$176,706
- Gross receipts
- $240,667
- Employees
- 6
- Volunteers
- 5
- Year formed
- 1972
- 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 |
|---|---|---|---|
| HOLLIS NELSON | EXECUTIVE DIRECTOR Officer, Key employee | 40 | $28,538 |
| DR BURNIE BRISTOW | CHAIRPERSON/PRESIDENT Trustee or director | 0.25 | $0 |
| DR STEVEN M ROSE | VICE CHAIRMAN/VICE PRESIDENT Trustee or director | 0.25 | $0 |
| ALVERIA SPENCER | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| DAWN M BLAKELY-HARPER ESQ | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLIS NELSON | EXECUTIVE DIRECTOR Officer, Key employee | 40 | $28,538 |
| DR BURNIE BRISTOW | CHAIRPERSON/PRESIDENT Trustee or director | 0.25 | $0 |
| DR STEVEN M ROSE | VICE CHAIRMAN/VICE PRESIDENT Trustee or director | 0.25 | $0 |
| MS ALVERIA SPENCER | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| DAWN M BLAKELY-HARPER ESQ | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLIS NELSON | EXECUTIVE DIRECTOR Officer, Key employee, Highest-paid employee | 40 | $28,538 |
| DR BURNIE BRISTOW | CHAIRPERSON/PRESIDENT Trustee or director | 0.25 | $0 |
| DR STEVEN M ROSE | VICE CHAIRMAN/VICE PRESIDENT Trustee or director | 0.25 | $0 |
| ALVERIA SPENCER | TREASURER Trustee or director | 0.25 | $0 |
| ALFRED V ACQUAVIVA ESQ | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| DAWN M BLAKELY-HARPER ESQ | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| PATRICIA FLETCHER | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| ROSA RICHARDSON | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2022: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR BURNIE BRISTOW | CHAIRPERSON/PRESIDENT Trustee or director | 0.25 | $0 |
| DR STEVEN M ROSE | VICE CHAIRMAN/VICE PRESIDENT Trustee or director | 0.25 | $0 |
| ALVERIA SPENCER | TREASURER Trustee or director | 0.25 | $0 |
| ALFRED V ACQUAVIVA ESQ | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| DAWN M BLAKELY-HARPER ESQ | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| PATRICIA FLETCHER | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| ROSA RICHARDSON | MEMBER-AT-LARGE Trustee or director | 0.25 | $0 |
| HARVEY NUTTER | EXECUTIVE DIRECTOR Officer, Key employee | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 126 BROADWAY, PATERSON, NJ 07505-1131
- Principal officer (990 for 2024)
- HOLLIS NELSON, 126 BROADWAY, PATERSON, NJ 07505
- Signed the 990
- HOLLIS NELSON, EXECUTIVE DIRECTOR
- Phone
- (973) 881-0540
- Return prepared by
- OLUGBENGA OLABINTAN CPA INC
Mission
THE MISSION OF PATERSON NEW JERSEY OPPORTUNITIES INDUSTRIALIZATION CENTER, INC. IS TO ATTRACT GOVERNMENT GRANTS AND PRIVATE/BUSINESS FUNDS TO PROVIDE TRAINING PROGRAM AND EMPLOYMENT OPPORTUNITIES DESIGNED FOR INDIVIDUALS CONSTITUTING THE SO CALLED HARD CORE UNEMPLOYED IN THE CITY OF PATERSON, NEW JERSEY.
Program accomplishments
- PASSAIC COUNTY ONE-STOP CENTER TANF/WFNJ/FAMILY DEVELOPMENT PROGRAM TO PROVIDE TIME-LIMITED ASSISTANCE TO NEEDY FAMILIES WITH CHILDREN SO THAT THE CHILDREN CAN BE CARED FOR IN THEIR HOME OR WITH RELATIVES AND END DEPENDENCE OF NEEDY PARENTS ON GOVERNMENT BENEFITS BY PROMOTING JOB PREPAREDNESS, WORK, MARRIAGE AND MORE.Expenses $179,738
- PASSAIC COUNTY WORKFORCE DEVELOPMENT CENTER PROVIDES TIME-LIMITED ASSISTANCE TO NEEDY FAMILIES WITH CHILDREN SO THAT THE CHILDREN CAN BE CARED FOR IN THEIR HOME OR OR WITH RELATIVES AND END DEPENDENCE OF NEEDY PARENTS ON GOVERNMENT BENEFITS BY PROMOTING JOB PREPAREDNESS, WORK, MARRIAGE AND MORE.Expenses $121,272
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 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
- 22-1947953
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1980
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $60,070
- Income (IRS master file)
- $240,667
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $240,667 | $313,821 | $60,070 | IRS |
| 990 | June 2024 | $495,071 | $338,259 | $107,357 | IRS |
| 990 | June 2023 | $151,018 | $215,258 | $121,527 | IRS |
| 990 | June 2022 | $183,245 | $274,777 | $154,364 | XML |
| 990 | June 2021 | – | – | – | 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 22-1947953).
Questions about PATERSON NJ OIC
- What is the EIN of PATERSON NJ OIC?
- The employer identification number (EIN) of PATERSON NJ OIC is 22-1947953.
- Is PATERSON NJ OIC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to PATERSON NJ OIC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PATERSON NJ OIC 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 PATERSON NJ OIC 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 PATERSON NJ OIC 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 PATERSON NJ OIC?
- The 990 for the year ended June 30, 2025 names HOLLIS NELSON.
- Who are the officers and directors of PATERSON NJ OIC?
- The 990 for the year ended June 30, 2025 lists 5 people; 1 received compensation from the organization, the highest $28,538 (HOLLIS NELSON, EXECUTIVE DIRECTOR).
- How much revenue does PATERSON NJ OIC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $240,667, expenses of $313,821 and total assets of $60,070 at year end.
Other nonprofits in PATERSON
- ST JOSEPHS HEALTH SYSTEM SUBORDINATE GROUP RETURN EIN 27-1344467 · last filed 990 for 2024
- PATERSON CHARTER SCHOOL FOR SCIENCE AND TECHNOLOGY INC EIN 22-3799763 · last filed 990 for 2025
- STRAIGHT & NARROW INC EIN 22-6012277 · last filed 990 for 2025
- CATHOLIC FAMILY & COMMUNITY SERVICES EIN 22-1487121 · last filed 990 for 2025
- NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION INC EIN 22-3282526 · last filed 990 for 2025
- PHILIPS ACADEMY CHARTER SCHOOL OF PATERSON INC EIN 81-0842534 · last filed 990 for 2025
- EVAS VILLAGE INC EIN 22-2424542 · last filed 990 for 2025
- TURNING POINT INC EIN 22-2046926 · last filed 990 for 2025