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Nonprofit · EIN 22-2188180

PATERSON RESTORATION CORPORATION

Tax-exempt · PATERSON, NJ 07505

Financials

$166K$125K2022$343K$8.8M2023−$428K$475K2024
Revenue Expenses · by fiscal year end
Financials of PATERSON RESTORATION CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2025990-$428,187$474,994-$903,181$10,009,849$212,506$9,797,343
May 31, 2024990$343,348$8,843,386-$8,500,038$11,284,806$576,917$10,707,889
May 31, 2023990$165,732$125,148$40,584$19,867,630$659,806$19,207,824
Financial details: 990 for the year ended May 31, 2025

Revenue

Contributions, gifts and grants
$338,767
of which government grants
$338,767
Program service revenue
$1,300
Investment income
-$768,254
Net gain from sales of assets
-$1,017,358
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$30,338
Travel
$4,202
Program services (functional)
$329,834
Management and general (functional)
$145,160

Balance sheet and other

Total assets, start of year
$11,284,806
Total assets, end of year
$10,009,849
Total liabilities, end of year
$212,506
Net assets, end of year
$9,797,343
Publicly traded securities
$1,278,765
Net assets without donor restrictions
$9,797,343
Gross receipts
$686,087
Employees
0
Volunteers
0
Year formed
1977
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 May 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
MARIO TOMMOLILLOTRUSTEE
Trustee or director
2$0
GEORGE MCLOOFTRUSTEE
Trustee or director
2$0
DR STEVE ROSETRUSTEE
Trustee or director
2$0
ABDUL HAMDANTRUSTEE
Trustee or director
2$0
ORLANDO CRUZBOARD CHAIRMAN
Officer
2$0
JEFFREY LEVINESECRETARY
Officer
2$0
MATTHEW EVANSVICE CHAIRMAN
Officer
2$0
HARVEY NUTTERTREASURER
Officer
2$0
TIFFANY HARRIS - DELANEYEXECUTIVE DIRECTOR
Officer
2$0
990 for the year ended May 31, 2024: 10 people
NameTitleHours / weekCompensation
MARIO TOMMOLILLOTRUSTEE
Trustee or director
2$0
GEORGE MCLOOFTRUSTEE
Trustee or director
2$0
DR STEVE ROSETRUSTEE
Trustee or director
2$0
ABDUL HAMDANTRUSTEE
Trustee or director
2$0
ORLANDO CRUZBOARD CHAIRMAN
Officer
2$0
JEFFREY LEVINESECRETARY
Officer
2$0
MATTHEW EVANSVICE CHAIRMAN
Officer
2$0
HARVEY NUTTERTREASURER
Officer
2$0
MICHAEL POWELLEXECUTIVE DIRECTOR
Officer
2$0
TIFFANY HARRIS - DELANEYEXECUTIVE DIRECTOR
Officer
2$0
990 for the year ended May 31, 2023: 9 people
NameTitleHours / weekCompensation
MARIO TOMMOLILLOTRUSTEE
Trustee or director
2$0
GEORGE MCLOOFTRUSTEE
Trustee or director
2$0
DR STEVE ROSETRUSTEE
Trustee or director
2$0
ABDUL HAMDANTRUSTEE
Trustee or director
2$0
ORLANDO CRUZBOARD CHAIRMAN
Officer
2$0
JEFFREY LEVINESECRETARY
Officer
2$0
MATTHEW EVANSVICE CHAIRMAN
Officer
2$0
HARVEY NUTTERTREASURER
Officer
2$0
MICHAEL POWELLEXECUTIVE DIRECTOR
Officer
2$0

Address and contacts

Address (IRS master file)
125 ELLISON STREET, PATERSON, NJ 07505-1394
In care of
% AMERIPAY LLC
Principal officer (990 for 2024)
ORLANDO CRUZ, 125 ELLISON STREET, PATERSON, NJ 07505
Signed the 990
ORLANDO CRUZ, BOARD CHAIRMAN
Phone
(973) 321-1220
Return prepared by
NISIVOCCIA LLP

Mission

TO ENCOURAGE RESTORATION IN THE CITY OF PATERSON. TO PROVIDE LOW INTEREST LOANS TO FACILITATE THE PATERSON COMMUNITY CONSTRUCTION AND RESTORATION PROJECTS.

990 for the year ended May 31, 2025

Program accomplishments

  • THE GREAT FALLS HISTORIC DISTRICT- TITLE IX FUND- WAS ESTABLISHED IN 1984 BY CITY COUNCIL RESOLUTION. THE CITY OF PATERSON DREW DOWN THE BALANCE OF FUNDS AVAILABLE TO IT ACCORDING TO THE CITY'S GRANT AGREEMENT WITH THE USEDA. THE FUNDS WERE TRANSFERRED TO THE PRC AND ARE TO BE ENCUMBERED FOR USE ONLY IN THE GREAT FALLS HISTORIC DISTRICT.
  • INDUSTRIAL RELOCATION EXPENSES INCURRED FOR PROMOTION AND RESEARCH TO ATTRACT MORE BUSINESS ENTERPRISES TO RELOCATE TO THE CITY OF PATERSON, UNDERWRITING COSTS TO PROVIDE LOANS TO BUSINESSES.
  • UEZ PROJECT PROGRAM - THIS PROGRAM FACILITATES THE FUNDING OF MANY UEZ STATE APPROVED PROJECTS. THE FUNDS ARE HELD IN A RESTRICTED BANK ACCOUNT TO BE USED FOR PAYMENT TO VENDORS IN CONNECTION WITH AN APPROVED PROJECT AND SUPPORTING DOCUMENTATION.
    Expenses $329,834 · revenue $1,300

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026Not on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
22-2188180
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
1978
Accounting year ends
May
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,009,849
Income (IRS master file)
$686,087

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2025-$428,187$474,994$10,009,849XML
990May 2024$343,348$8,843,386$11,284,806XML
990May 2023$165,732$125,148$19,867,630XML
990May 2022$100,919$103,863$19,877,384IRS
990May 2021–––IRS
990May 2020–––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 22-2188180).

Questions about PATERSON RESTORATION CORPORATION

What is the EIN of PATERSON RESTORATION CORPORATION?
The employer identification number (EIN) of PATERSON RESTORATION CORPORATION is 22-2188180.
Is PATERSON RESTORATION CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
Are donations to PATERSON RESTORATION CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PATERSON RESTORATION 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 PATERSON RESTORATION CORPORATION due?
The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PATERSON RESTORATION CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2025.
Who is the principal officer of PATERSON RESTORATION CORPORATION?
The 990 for the year ended May 31, 2025 names ORLANDO CRUZ.
Who are the officers and directors of PATERSON RESTORATION CORPORATION?
The 990 for the year ended May 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does PATERSON RESTORATION CORPORATION have?
On its 990 for the year ended May 31, 2025 it reported revenue of -$428,187, expenses of $474,994 and total assets of $10,009,849 at year end.

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