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Nonprofit · EIN 22-2464321

NEDC FINANCIAL MANAGEMENT CORP

Tax-exempt · NEWARK, NJ 07102

Financials

$11K$1502022$24K$1502023$179K$11K2024
Revenue Expenses · by fiscal year end
Financials of NEDC FINANCIAL MANAGEMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$178,541$10,525$168,016$1,779,057$1,167,737$611,320
June 30, 2024990$23,530$150$23,380$1,450,485$1,007,181$443,304
June 30, 2023990$11,457$150$11,307$1,377,410$957,487$419,923
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$150,000
Program service revenue
$0
Investment income
$28,541
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$10,400
Management and general (functional)
$10,525

Balance sheet and other

Total assets, start of year
$1,450,485
Total assets, end of year
$1,779,057
Total liabilities, end of year
$1,167,737
Net assets, end of year
$611,320
Net assets without donor restrictions
$611,320
Gross receipts
$178,541
Employees
0
Volunteers
1
Year formed
1984
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 / weekCompensationFrom related orgsOther / benefits
ALFRED FAIELLAPRESIDENT
Trustee or director, Officer
1$0$178,000$29,514
WILLIAM EATONV.PRESIDENT
Trustee or director, Officer
1$0$18,169$0
WARREN J KING JRSECRETARY
Trustee or director, Officer
1$0$0$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensationOther / benefits
ALFRED FAIELLAPRESIDENT
Trustee or director, Officer
1$0$178,000
WILLIAM EATONV.PRESIDENT
Trustee or director, Officer
1$0$18,168
WARREN J KING JRSECRETARY
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ALFRED FAIELLAPRESIDENT
Trustee or director, Officer
1$0$178,000$33,427
WILLIAM EATONV.PRESIDENT
Trustee or director, Officer
1$0$18,168$0
WARREN J KING JRSECRETARY
Trustee or director, Officer
1$0$0$0

Address and contacts

Address (IRS master file)
1 GATEWAY CTR STE 2600, NEWARK, NJ 07102-5323
Principal officer (990 for 2024)
ALFRED FAIELLA, 1 GATEWAY CENTER 2600, NEWARK, NJ 07102
Signed the 990
ALFRED FAIELLA, PRESIDENT
Phone
(973) 643-5844
Return prepared by
HILL BARTH & KING LLC

Mission

TO ACT AS THE PARENT OF A GROUP OF ORGANIZATIONS WHICH ASSIST IN THE DEVELOPMENT OF REDEVELOPMENT AND IMPROVEMENT PROJECTS IN NJ.

990 for the year ended June 30, 2025

Program accomplishments

  • NJ REDEVELOPMENT PROJECTS

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
22-2464321
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
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,779,057
Income (IRS master file)
$178,541

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$178,541$10,525$1,779,057XML
990June 2024$23,530$150$1,450,485IRS
990June 2023$11,457$150$1,377,410XML
990-EZJune 2022–––IRS
990-EZJune 2021–––IRS
990June 2020–––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 22-2464321).

Questions about NEDC FINANCIAL MANAGEMENT CORP

What is the EIN of NEDC FINANCIAL MANAGEMENT CORP?
The employer identification number (EIN) of NEDC FINANCIAL MANAGEMENT CORP is 22-2464321.
Is NEDC FINANCIAL MANAGEMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to NEDC FINANCIAL MANAGEMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEDC FINANCIAL MANAGEMENT CORP 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 NEDC FINANCIAL MANAGEMENT CORP 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 NEDC FINANCIAL MANAGEMENT CORP 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 NEDC FINANCIAL MANAGEMENT CORP?
The 990 for the year ended June 30, 2025 names ALFRED FAIELLA.
Who are the officers and directors of NEDC FINANCIAL MANAGEMENT CORP?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does NEDC FINANCIAL MANAGEMENT CORP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $178,541, expenses of $10,525 and total assets of $1,779,057 at year end.

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