Nonprofit · EIN 22-3325762
COMMUNITIES FIRST INITIATIVE INC
Tax-exempt · LAWRENCEVILLE, NJ 08648
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $15,198,818 | $344,391 | $14,854,427 | $35,164,232 | $1,757,148 | $33,407,084 |
| December 31, 2023 | 990 | $4,664,826 | $66,009 | $4,598,817 | $20,425,689 | $1,772,154 | $18,653,535 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $14,777,000
- of which government grants
- $72,500
- Program service revenue
- $122,500
- Investment income
- $299,318
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $20,560
- Travel
- $1,118
- Depreciation
- $1,687
- Program services (functional)
- $119,726
- Management and general (functional)
- $224,665
Balance sheet and other
- Total assets, start of year
- $20,425,689
- Total assets, end of year
- $35,164,232
- Total liabilities, end of year
- $1,757,148
- Net assets, end of year
- $33,407,084
- Net assets without donor restrictions
- $33,407,084
- Gross receipts
- $15,198,818
- Employees
- 0
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS PALMER | President Trustee or director, Officer | 1 | $0 |
| CHERRON ROUNTREE | BOARD MEMBER Trustee or director | 1 | $0 |
| NICOLE RISOLI | Secretary Trustee or director, Officer | 1 | $0 |
| REGINOLD ROSS | Treasurer Trustee or director, Officer | 8 | $0 |
| MICHAEL GLUCK | Vice President Trustee or director, Officer | 1 | $0 |
| PHYLLIS SALOWE-KAYE | Executive Dir. Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOUGLAS PALMER | President Trustee or director, Officer | 1 | $0 |
| CHERRON ROUNTREE | BOARD MEMBER Trustee or director | 1 | $0 |
| NICOLE RISOLI | Secretary Trustee or director, Officer | 1 | $0 |
| REGINOLD ROSS | Treasurer Trustee or director, Officer | 8 | $0 |
| MICHAEL GLUCK | Vice President Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1970 BRUNSWICK AVENUE 100, LAWRENCEVILLE, NJ 08648-4667
- Mailing address (990-N for 2014)
- 6 BUCKINGHAM AVE, TRENTON NJ 08618
- Principal officer (990 for 2024)
- DOUGLAS PALMER, 1970 BRUNSWICK AVENUE 100, LAWRENCEVILLE, NJ 08648
- Principal officer (990-N for 2014)
- CHRISTOPHER H BRASHIER, 2 HILVISTA BLVD, TRENTON NJ 08618
- Signed the 990
- DOUGLAS PALMER, President
- Phone
- (609) 695-9438
- Return prepared by
- Jump Perry and Company LLP
Mission
TO PROMOTE AND DEVELOP ASSISTANCE OF VARIOUS LOW INCOME AREAS THROUGHOUT NEW JERSEY THROUGH CONTRIBUTIONS AND FUNDING.
Program accomplishments
- PROMOTION AND DEVELOPMENT ASSISTANCE OF VARIOUS LOW INCOME AREAS THROUGHOUT NEW JERSEY THROUGH CONTRIBUTIONS AND FUNDING.Expenses $119,726
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3325762
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T50Z)
- Assets (IRS master file)
- $35,164,232
- Income (IRS master file)
- $15,198,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $15,198,818 | $344,391 | $35,164,232 | XML |
| 990 | December 2023 | $4,664,826 | $66,009 | $20,425,689 | XML |
| 990 | December 2022 | $11,788,810 | $167 | $14,091,227 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2014 Officer: CHRISTOPHER H BRASHIER | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 22-3325762).
Questions about COMMUNITIES FIRST INITIATIVE INC
- What is the EIN of COMMUNITIES FIRST INITIATIVE INC?
- The employer identification number (EIN) of COMMUNITIES FIRST INITIATIVE INC is 22-3325762.
- Is COMMUNITIES FIRST INITIATIVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to COMMUNITIES FIRST INITIATIVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COMMUNITIES FIRST INITIATIVE INC 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 COMMUNITIES FIRST INITIATIVE INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMUNITIES FIRST INITIATIVE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMUNITIES FIRST INITIATIVE INC?
- The 990 for the year ended December 31, 2024 names DOUGLAS PALMER.
- Who are the officers and directors of COMMUNITIES FIRST INITIATIVE INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does COMMUNITIES FIRST INITIATIVE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $15,198,818, expenses of $344,391 and total assets of $35,164,232 at year end.
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