Nonprofit · EIN 52-1976782
PATERSON DEVELOPMENT & MANAGEMENT CORPORATION
Tax-exempt · PATERSON, NJ 07505
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2026 | 990 | $60,448 | $126,355 | -$65,907 | $1,629,235 | $24,456 | $1,604,779 |
| March 31, 2025 | 990 | $80,078 | $150,041 | -$69,963 | $1,698,300 | $27,614 | $1,670,686 |
| March 31, 2024 | 990 | $93,407 | $144,598 | -$51,191 | $1,770,174 | $29,525 | $1,740,649 |
Financial details: 990 for the year ended March 31, 2026
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $60,448
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $165
- Accounting fees
- $7,550
- Occupancy
- $20,049
- Depreciation
- $43,631
- Program services (functional)
- $114,757
- Management and general (functional)
- $11,598
Balance sheet and other
- Total assets, start of year
- $1,698,300
- Total assets, end of year
- $1,629,235
- Total liabilities, end of year
- $24,456
- Net assets, end of year
- $1,604,779
- Land, buildings and equipment
- $1,152,786
- Net assets without donor restrictions
- $1,604,779
- Gross receipts
- $60,448
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1996
- 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 March 31, 2026, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| IRMA GORHAM | SECRETARY Officer | 3 | $0 | $232,000 |
| EUGENIA BURTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRENDA BERKLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV DR DOUGLAS MAVEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PETER RENDINA | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended March 31, 2025: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| IRMA GORHAM | SECRETARY Officer | 3 | $0 | $216,821 |
| EUGENIA BURTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRENDA BERKLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV DR DOUGLAS MAVEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PETER RENDINA | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended March 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| IRMA GORHAM | SECRETARY Officer | 3 | $0 | $204,354 |
| EUGENIA BURTON | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| BRENDA BERKLEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| REV DR DOUGLAS MAVEN | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| MICHAEL CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PETER RENDINA | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 60 VAN HOUTEN ST, PATERSON, NJ 07505-1028
- In care of
- % VERP & LEDDY
- Mailing address (990-N for 2008)
- 60 VAN HOUTEN STREET, PO BOX H, PATERSON NJ 07509
- Principal officer (990 for 2025)
- IRMA GORHAM, 60 VAN HOUTEN STREET, PATERSON, NJ 07505
- Principal officer (990-N for 2008)
- IRMA GORHAM, 60 VAN HOUTEN STREET, PO BOX H, PATERSON NJ 07509
- Signed the 990
- IRMA GORHAM, SECRETARY
- Phone
- (973) 684-8248
- Return prepared by
- NOVOGRADAC & COMPANY LLP
Mission
THE ORGANIZATION IS ENGAGED IN THE DEVELOPMENT AND MANAGEMENT OF LOW INCOME HOUSING APARTMENT UNITS FOR QUALIFYING TENANTS IN PATERSON, NEW JERSEY.
Program accomplishments
- TO DEVELOP AND MANAGE LOW INCOME HOUSING RENTAL APARTMENTS UNDER GOVERNMENT SUBSIDIZED PROGRAMS.Expenses $114,757 · revenue $60,448
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 March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | 990 on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1976782
- 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
- 1996
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $1,629,235
- Income (IRS master file)
- $60,448
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2026 | $60,448 | $126,355 | $1,629,235 | XML |
| 990 | March 2025 | $80,078 | $150,041 | $1,698,300 | XML |
| 990 | March 2024 | $93,407 | $144,598 | $1,770,174 | XML |
| 990 | March 2023 | $78,586 | $151,042 | $1,823,522 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
| 990-N for 2008 Officer: IRMA GORHAM | September 30, 2009 | ≤ $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 52-1976782).
Questions about PATERSON DEVELOPMENT & MANAGEMENT CORPORATION
- What is the EIN of PATERSON DEVELOPMENT & MANAGEMENT CORPORATION?
- The employer identification number (EIN) of PATERSON DEVELOPMENT & MANAGEMENT CORPORATION is 52-1976782.
- Is PATERSON DEVELOPMENT & MANAGEMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to PATERSON DEVELOPMENT & MANAGEMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PATERSON DEVELOPMENT & MANAGEMENT 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 DEVELOPMENT & MANAGEMENT CORPORATION due?
- The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PATERSON DEVELOPMENT & MANAGEMENT CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2026.
- Who is the principal officer of PATERSON DEVELOPMENT & MANAGEMENT CORPORATION?
- The 990 for the year ended March 31, 2026 names IRMA GORHAM.
- Who are the officers and directors of PATERSON DEVELOPMENT & MANAGEMENT CORPORATION?
- The 990 for the year ended March 31, 2026 lists 6 people; 0 received compensation from the organization.
- How much revenue does PATERSON DEVELOPMENT & MANAGEMENT CORPORATION have?
- On its 990 for the year ended March 31, 2026 it reported revenue of $60,448, expenses of $126,355 and total assets of $1,629,235 at year end.
Other nonprofits in PATERSON
- RISING DOVE SENIOR APARTMENTS EIN 05-0546901 · last filed 990 for 2024
- RIESE ST GERARD HOUSING CORP EIN 22-2832510 · last filed 990 for 2025
- HAWTHORNE SUPPORTIVE HOUSING INC EIN 20-1505451 · last filed 990 for 2025
- GREAT FALLS HOUSING CORPORATION EIN 27-2230034 · last filed 990 for 2025
- HARBORVIEW APARTMENTS INC EIN 22-3797055 · last filed 990-EZ for 2024
- RUBYS VISION INC EIN 82-1921251 · last filed 990-N for 2024
- BRIDGE STREET DEVELOPMENT EIN 22-3752490 · last filed 990-N for 2025
- 4R GENERATIONS INC EIN 27-2835383 · last filed 990-N for 2025
All nonprofits in PATERSON · New Jersey · Housing and shelter