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Nonprofit · EIN 23-7311149

RIESE PROJECTS INC

Tax-exempt · PATERSON, NJ 07501

Financials

$2.9M$2.4M2023$3M$2.7M2024$3.1M$3M2025
Revenue Expenses · by fiscal year end
Financials of RIESE PROJECTS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$3,105,548$2,970,506$135,042$11,564,202$715,558$10,848,644
December 31, 2024990$3,014,166$2,678,429$335,737$11,637,798$924,196$10,713,602
December 31, 2023990$2,908,846$2,436,972$471,874$11,595,089$1,217,224$10,377,865
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,934,389
Investment income
$164,006
Other revenue
$7,153

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$284,310
Salaries, compensation and benefits (total)
$386,771
Professional fundraising fees
$0
Legal fees
$782
Accounting fees
$16,000
Occupancy
$1,583,275
Depreciation
$466,821
Program services (functional)
$2,674,904
Management and general (functional)
$295,602

Balance sheet and other

Total assets, start of year
$11,637,798
Total assets, end of year
$11,564,202
Total liabilities, end of year
$715,558
Net assets, end of year
$10,848,644
Land, buildings and equipment
$4,906,682
Net assets without donor restrictions
$10,848,644
Gross receipts
$3,105,548
Employees
7
Volunteers
0
Year formed
1971
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
REV MARC A MANCINPRESIDENT
Trustee or director, Officer
10$0
MSGR HERBERT K TILLYERDIRECTOR
Trustee or director
1$0
DEACON JOSEPH A PUSKASTREASURER
Trustee or director, Officer
5$0
ANDREW F MCBRIDE III ESQDIRECTOR
Trustee or director
1$0
DEACON PETER CISTAROVICE PRESIDENT
Trustee or director, Officer
1$0
THOMAS BURNSDIRECTOR
Trustee or director
1$0
DENNIS P BUTLERDIRECTOR
Trustee or director
1$0
LYNN E GAFFNEYDIRECTOR
Trustee or director
1$0
PATRICK MURRAYDIRECTOR
Trustee or director
1$0
SR MAUREEN SHAUGHNESSY SCDIRECTOR
Trustee or director
1$0
DEACON GREGORY J SZPUNARSECRETARY
Trustee or director, Officer
1$0
DEACON MARC MACKINDIRECTOR
Trustee or director
1$0
ANTHONY DENOVADIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 13 people
NameTitleHours / weekCompensation
REV MARC A MANCINPRESIDENT
Trustee or director, Officer
10$0
MSGR HERBERT K TILLYERDIRECTOR
Trustee or director
1$0
DEACON JOSEPH A PUSKASTREASURER
Trustee or director, Officer
5$0
ANDREW F MCBRIDE III ESQDIRECTOR
Trustee or director
1$0
DEACON PETER CISTAROVICE PRESIDENT
Trustee or director, Officer
1$0
THOMAS BURNSDIRECTOR
Trustee or director
1$0
DENNIS P BUTLERDIRECTOR
Trustee or director
1$0
LYNN E GAFFNEYDIRECTOR
Trustee or director
1$0
PATRICK MURRAYDIRECTOR
Trustee or director
1$0
SR MAUREEN SHAUGHNESSY SCDIRECTOR
Trustee or director
1$0
DEACON GREGORY J SZPUNARSECRETARY
Trustee or director, Officer
1$0
DEACON MARC MACKINDIRECTOR
Trustee or director
1$0
ANTHONY DENOVADIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
REV MARC A MANCINPRESIDENT
Trustee or director, Officer
10$0
MSGR HERBERT K TILLYERDIRECTOR
Trustee or director
1$0
DEACON JOSEPH A PUSKASTREASURER
Trustee or director, Officer
5$0
JOSEPH DUFFYSECRETARY
Trustee or director, Officer
1$0
ANDREW F MCBRIDE III ESQDIRECTOR
Trustee or director
1$0
RICHARD WARD JRDIRECTOR
Trustee or director
1$0
DEACON PETER CISTAROVICE PRESIDENT
Trustee or director, Officer
1$0
THOMAS BURNSDIRECTOR
Trustee or director
1$0
DENNIS P BUTLERDIRECTOR
Trustee or director
1$0
LYNN E GAFFNEYDIRECTOR
Trustee or director
1$0
PATRICK MURRAYDIRECTOR
Trustee or director
1$0
SR MAUREEN SHAUGHNESSY SCDIRECTOR
Trustee or director
1$0
DEACON GREGORY J SZPUNARDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
211 20TH AVE, PATERSON, NJ 07501-3757
Principal officer (990 for 2025)
REV MARC A MANCINI, 32 ST JAMES PLACE, TOTOWA, NJ 07512
Signed the 990
REV MARC A MANCINI, PRESIDENT
Phone
(973) 778-0430
Return prepared by
BURNS DRAEGER & HUMPHRIES LLC

Mission

TO PROVIDE LOW-INCOME SENIOR CITIZENS AND HANDICAPPED HOUSING. THE RIESE PROJECTS INC PROVIDES 201 UNITS, WITH ONE OF THE UNITS OCCUPIED BY THE SUPERINTENDENT.

990 for the year ended December 31, 2025

Program accomplishments

  • TO PROVIDE LOW INCOME SENIOR CITIZEN HOUSING. THE PROJECT HAS 201 UNITS.
    Expenses $2,674,904 · revenue $2,941,542

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-7311149
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
1973
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,564,202
Income (IRS master file)
$3,105,548

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$3,105,548$2,970,506$11,564,202IRS
990December 2024$3,014,166$2,678,429$11,637,798XML
990December 2023$2,908,846$2,436,972$11,595,089XML
990December 2022$3,056,986$2,428,595$11,357,576IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 23-7311149).

Questions about RIESE PROJECTS INC

What is the EIN of RIESE PROJECTS INC?
The employer identification number (EIN) of RIESE PROJECTS INC is 23-7311149.
Is RIESE PROJECTS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 1973.
Are donations to RIESE PROJECTS INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does RIESE PROJECTS 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 RIESE PROJECTS INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RIESE PROJECTS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of RIESE PROJECTS INC?
The 990 for the year ended December 31, 2025 names REV MARC A MANCINI.
Who are the officers and directors of RIESE PROJECTS INC?
The 990 for the year ended December 31, 2025 lists 13 people; 0 received compensation from the organization.
How much revenue does RIESE PROJECTS INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $3,105,548, expenses of $2,970,506 and total assets of $11,564,202 at year end.

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