Nonprofit · EIN 22-2309023
TRENTON BUSINESS ASSISTANCE CORPORATION
Tax-exempt · PRINCETON, NJ 08540
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $10,033,664 | $8,520,782 | $1,512,882 | $28,211,685 | $5,954,569 | $22,257,116 |
| September 30, 2024 | 990 (amended) | $9,380,128 | $7,094,674 | $2,285,454 | $25,533,037 | $4,717,879 | $20,815,158 |
| September 30, 2023 | 990 | $7,689,672 | $6,848,275 | $841,397 | $25,229,149 | $6,616,278 | $18,612,871 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,018,981
- Investment income
- $14,683
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $2,108,603
- Salaries, compensation and benefits (total)
- $6,313,167
- Professional fundraising fees
- $0
- Legal fees
- $144,160
- Accounting fees
- $50,524
- Occupancy
- $125,621
- Travel
- $414,464
- Depreciation
- $47,290
- Program services (functional)
- $7,991,904
- Management and general (functional)
- $528,878
Balance sheet and other
- Total assets, start of year
- $25,533,037
- Total assets, end of year
- $28,211,685
- Total liabilities, end of year
- $5,954,569
- Net assets, end of year
- $22,257,116
- Land, buildings and equipment
- $381,449
- Publicly traded securities
- $337,792
- Net assets without donor restrictions
- $22,257,116
- Gross receipts
- $10,033,664
- Employees
- 27
- Volunteers
- 13
- Year formed
- 1979
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM PAZMINO | EX. DIRECTOR Trustee or director, Officer | 60 | $890,574 | $34,907 |
| ANDRES PAZMINO | CHIEF OPERATING OFFICER Key employee | 60 | $799,222 | $24,836 |
| BABETTE GALLAGHER | TEAM LEAD 504 LOANS Key employee | 60 | $327,807 | $17,421 |
| LILIBETH HERRERA | DIRECTOR COMMUNITY LENDING Highest-paid employee | 60 | $307,083 | $16,637 |
| RENATA COLACHE | BUSINESS DEVELOPMENT DIREC Highest-paid employee | 60 | $227,265 | $15,664 |
| CHRIS CASALE | CHIEF LENDING OFFICER Highest-paid employee | 60 | $215,274 | $11,525 |
| LISA MURGATROYD | BUSINESS DEVELOPMENT DIREC Highest-paid employee | 60 | $199,595 | $10,372 |
| STEFANIE KANTOUT | DIRECTOR OF CLOSING&SERVIC Highest-paid employee | 60 | $193,808 | $1,797 |
| PAUL WATTER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TERRY DANIELS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOHN BURKE | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| LUISA ROBINSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW VERNEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHLEEN DURAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| YANKIE MARKOWITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELI HAZAN | DIRECTOR Trustee or director | 2 | $0 |
| JOSH DONOVAN | DIRECTOR Trustee or director | 2 | $0 |
| JOSE M COLON | DIRECTOR Trustee or director | 2 | $0 |
| ELAYNE MCCLAINE | DIRECTOR Trustee or director | 2 | $0 |
| LINA DUQUE | DIRECTOR Trustee or director | 2 | $0 |
| NUNO FRANCISCO | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM PAZMINO | EX. DIRECTOR Trustee or director, Officer | 60 | $849,472 | $33,017 |
| ANDRES PAZMINO | CHIEF OPERATING OFFICER Key employee | 60 | $623,332 | $20,770 |
| LILIBETH HERRERA | DIRECTOR COMMUNITY LENDING Highest-paid employee | 60 | $297,947 | $15,207 |
| BABETTE GALLAGHER | TEAM LEAD 504 LOANS Key employee | 60 | $295,682 | $16,498 |
| RENATA COLACHE | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 60 | $208,876 | $13,381 |
| LISA MURGATROYD | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 60 | $202,630 | $9,489 |
| JILLIAN CAIOLA | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 60 | $190,817 | $10,007 |
| STEFANIE KANTOUT | DIRECTOR OF CLOSING&SERVIC Highest-paid employee | 60 | $187,001 | $3,014 |
| PAUL WATTER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TERRY DANIELS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| YANKIE MARKOWITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LUISA ROBINSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MATTHEW VERNEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHLEEN DURAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BURKE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELI HAZAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSH DONOVAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSE M COLON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELAYNE MCCLAINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINA DUQUE | DIRECTOR Trustee or director | 2 | $0 | $0 |
990 for the year ended September 30, 2023: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM PAZMINO | EX. DIRECTOR Trustee or director, Officer | 60 | $706,116 | $31,197 |
| ANDRES PAZMINO | CHIEF CREDIT OFFICER Key employee | 60 | $576,816 | $23,850 |
| BABETTE GALLAGHER | BUSINESS DEV. OFFICER Key employee | 60 | $324,199 | $15,420 |
| LILIBETH HERRERA | DIRECTOR 7A & COMMUNITY LOANS Highest-paid employee | 60 | $248,285 | $23,044 |
| STEFANIE KANTOUT | DIRECTOR OF CLOSING&SERVICES Highest-paid employee | 60 | $193,899 | $2,853 |
| PAUL WATTER | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MATTHEW VERNEY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| YANKIE MARKOWITZ | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LUISA ROBINSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TERRY DANIELS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHLEEN DURAND | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN BURKE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELI HAZAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSH DONOVAN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOSE M COLON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ELAYNE MCCLAINE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 400 ALEXANDER PARK, PRINCETON, NJ 08540-6539
- Principal officer (990 for 2024)
- WILLIAM PAZMINO, 400 ALEXANDER PARK DRIVE 200, PRINCETON, NJ 08540
- Signed the 990
- WILLIAM PAZMINO, EXECUTIVE DIRECTOR
- Phone
- (609) 587-1133
- Website
- WWW.RBACLOAN.COM
- Return prepared by
- HILL BARTH & KING LLC
Mission
PROVIDE AND UNDERWRITE LOANS TO SMALL BUSINESSES THAT ARE UNABLE TO OBTAIN FINANCING THROUGH NORMAL BANKING CHANNELS. PROVIDE TRAINING TO SMALL BUSINESSES ON VARIOUS BUSINESS MATTERS.
Program accomplishments
- TO PROVIDE AND UNDERWRITE LOANS TO SMALL BUSINESSES THAT ARE UNABLE TO OBTAIN FINANCING THROUGH NORMAL BANKING CHANNELS AND PROVIDE TRAINING TO SMALL BUSINESSES.Expenses $7,991,904 · revenue $10,018,981
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 22-2309023
- 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
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43Z)
- Assets (IRS master file)
- $28,211,685
- Income (IRS master file)
- $10,033,664
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $10,033,664 | $8,520,782 | $28,211,685 | XML |
| 990 | September 2024 | $9,380,128 | $7,094,674 | $25,533,037 | XML |
| 990 | September 2023 | $7,689,672 | $6,848,275 | $25,229,149 | XML |
| 990 | September 2022 | $6,990,508 | $6,525,587 | $33,579,764 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 22-2309023).
Questions about TRENTON BUSINESS ASSISTANCE CORPORATION
- What is the EIN of TRENTON BUSINESS ASSISTANCE CORPORATION?
- The employer identification number (EIN) of TRENTON BUSINESS ASSISTANCE CORPORATION is 22-2309023.
- Is TRENTON BUSINESS ASSISTANCE CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1980.
- Are donations to TRENTON BUSINESS ASSISTANCE CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does TRENTON BUSINESS ASSISTANCE 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 TRENTON BUSINESS ASSISTANCE CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TRENTON BUSINESS ASSISTANCE CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of TRENTON BUSINESS ASSISTANCE CORPORATION?
- The 990 for the year ended September 30, 2025 names WILLIAM PAZMINO.
- Who are the officers and directors of TRENTON BUSINESS ASSISTANCE CORPORATION?
- The 990 for the year ended September 30, 2025 lists 21 people; 8 received compensation from the organization, the highest $890,574 (WILLIAM PAZMINO, EX. DIRECTOR).
- How much revenue does TRENTON BUSINESS ASSISTANCE CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $10,033,664, expenses of $8,520,782 and total assets of $28,211,685 at year end.
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