Nonprofit · EIN 26-1150169
75 SPRUCE STREET DEVELOPMENT
Tax-exempt · PATERSON, NJ 07509
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,453,642 | $1,154,071 | $299,571 | $7,533,130 | $4,368,760 | $3,164,370 |
| June 30, 2024 | 990 | $1,391,417 | $1,161,792 | $229,625 | $7,554,976 | $4,690,177 | $2,864,799 |
| June 30, 2023 | 990 | $1,518,407 | $1,326,981 | $191,426 | $7,631,487 | $4,996,313 | $2,635,174 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,453,642
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $11,050
- Occupancy
- $18,153
- Depreciation
- $140,510
- Program services (functional)
- $1,154,071
Balance sheet and other
- Total assets, start of year
- $7,554,976
- Total assets, end of year
- $7,533,130
- Total liabilities, end of year
- $4,368,760
- Net assets, end of year
- $3,164,370
- Land, buildings and equipment
- $6,348,454
- Net assets without donor restrictions
- $3,164,370
- Gross receipts
- $1,453,642
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2007
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT GUARASCI | PRESIDENT Trustee or director, Officer | 1 | $0 | $274,440 | $12,681 |
| KATHIE MENDEZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $171,801 | $29,074 |
| MICHAEL DEBLASIO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $148,349 | $361 |
990 for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT GUARASCI | CHAIR/PRESIDENT Trustee or director, Officer | 1 | $0 | $257,151 | $12,422 |
| KATHIE MENDEZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $165,241 | $28,424 |
| MICHAEL DEBLASIO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $139,791 | $361 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ROBERT GUARASCI | CHAIR/PRESIDENT Trustee or director, Officer | 1 | $0 | $207,000 | $11,741 |
| KATHIE MENDEZ | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $149,823 | $25,989 |
| MICHAEL DEBLASIO | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $129,470 | $0 |
| MICHAEL CASSIDY | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $86,463 | $238 |
Address and contacts
- Address (IRS master file)
- PO BOX 6976, PATERSON, NJ 07509-6976
- In care of
- % ROBERT GUARASCI
- Principal officer (990 for 2024)
- ROBERT GUARASCI, PO BOX 6976, PATERSON, NJ 07509
- Signed the 990
- ROBERT GUARASCI, PRESIDENT
- Phone
- (973) 413-1600
- Return prepared by
- SAX ADVISORS LLC
Mission
TO PROVIDE EDUCATIONAL OPPORTUNITY AND COMMUNITY DEVELOPMENT IN THE CITY OF PATERSON.
Program accomplishments
- FUNDS TO SUPPORT EDUCATIONAL PROGRAMMING AT THE COMMUNITY CHARTER SCHOOL OF PATERSON TO BENEFIT 900 PATERSON STUDENTS.Expenses $1,154,071 · revenue $1,453,642
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 26-1150169
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2008
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S113)
- Assets (IRS master file)
- $7,533,130
- Income (IRS master file)
- $1,453,642
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,453,642 | $1,154,071 | $7,533,130 | IRS |
| 990 | June 2024 | $1,391,417 | $1,161,792 | $7,554,976 | IRS |
| 990 | June 2023 | $1,518,407 | $1,326,981 | $7,631,487 | XML |
| 990 | June 2022 | $1,419,580 | $1,128,458 | $7,817,404 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 26-1150169).
Questions about 75 SPRUCE STREET DEVELOPMENT
- What is the EIN of 75 SPRUCE STREET DEVELOPMENT?
- The employer identification number (EIN) of 75 SPRUCE STREET DEVELOPMENT is 26-1150169.
- Is 75 SPRUCE STREET DEVELOPMENT tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to 75 SPRUCE STREET DEVELOPMENT tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does 75 SPRUCE STREET DEVELOPMENT 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 75 SPRUCE STREET DEVELOPMENT 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 75 SPRUCE STREET DEVELOPMENT 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 75 SPRUCE STREET DEVELOPMENT?
- The 990 for the year ended June 30, 2025 names ROBERT GUARASCI.
- Who are the officers and directors of 75 SPRUCE STREET DEVELOPMENT?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does 75 SPRUCE STREET DEVELOPMENT have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,453,642, expenses of $1,154,071 and total assets of $7,533,130 at year end.
Other nonprofits in PATERSON
- NEW JERSEY COMMUNITY DEVELOPMENT CORPORATION INC EIN 22-3282526 · last filed 990 for 2025
- EVAS VILLAGE INC EIN 22-2424542 · last filed 990 for 2025
- ST PAULS COMMUNITY DEVELOPMENT CORPORATION EIN 22-3075855 · last filed 990 for 2024
- MORRIS CHARTER EIN 99-1146829 · last filed 990 for 2025
- BUS DRIVER ASSOCIATION A NJ NONPROFIT CORPORATION EIN 82-2498081 · last filed 990 for 2023
- MADISON AVE-CROSSROADS COMMUNITY MINISTRIES INC EIN 22-3575823 · last filed 990 for 2025
- GREAT FALLS ECONOMIC DEVELOPMENT CORPORATION EIN 81-3606443 · last filed 990 for 2025
- PATERSON ALLIANCE INC EIN 02-0598570 · last filed 990 for 2024
All nonprofits in PATERSON · New Jersey · Community improvement and capacity building