Great Falls Preservation & Development Corp FY2023 filing

Tax-deductible

Paterson, NJ501(c)(3)EIN 22-1949620Revenue $143K in FY2023

On file with the IRS2 Market Street, 07501-1726 · Paterson, NJTax-exempt since Apr 1973Publicly supported charity — 170(b)(1)(A)(vi)

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To encourage and advocate for the development of the Great Falls Historic District through the historic preservation revitalization reconstruction and adaptive reuse of historic buildings and natural landmarks; to promote among the citizens of the City of Paterson NJ an interest in historic preservation and the history of industrial Paterson; also to work with the City of Paterson of Paterson in the routine ordinary maintenance of the historic Thomas Rogers Building pursuant to a deed and lease between the City and Great Falls Preservation.

501(c)(3) charity; gifts are tax-deductible.
$52K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2023 · Form 990-EZIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-EZ
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Pay to officers and key staff
$52K
to officers and key staff
No data yet: the filing does not give pay as a share of spending.
Pt VII · Sec A
Liabilities
$30K
total owed
No data yet: the filing does not give total assets.
Pt X · Ln 26
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$143K
-15% vs prior year
Net assets
$258K
By yearFY2020–FY2024
Revenue
$143K
FY2023▼ -15%
Tap a bar for its year
Revenue by fiscal year
FY2020$181K
FY2021$176K
FY2022$169K
FY2023$143K
FY2024$151K
Net assets
$258K
FY2023▲ +119%
Tap a bar for its year
Net assets by fiscal year
FY2020$194K
FY2021$115K
FY2022$118K
FY2023$258K
FY2024$265K

From the FY2023 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1973.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

7 people listed on the 990-EZ; $52K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$26,400Pt VII · Sec A
$25,480Pt VII · Sec A
Treasurer & Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
President & Trustee
$0Pt VII · Sec A
Vice President & Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Peggy L Robertson——$31,350$31,625$36,156
Peggy Robertson$31,080$26,400———
Kenneth Jones$25,480$25,480$30,257$30,523—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Programs and updates

Preserves and revitalizes historic buildings and landmarks, promoting local history and maintaining the Thomas Rogers Building.

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Provided by the organization

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3 programs · $182K · in their own filed words · FY2020
01

All revenue and all expenses went to the operation and routine maintenance of the historic Thomas Rogers Building in Paterson New Jersey.

$165Kprogram expense
02

A portion of the expenses in 2020 used in the operation and maintenance of the historic Thomas Rogers Building 17,112 assisted the Paterson Museum which is located on the first floor of the Thomas Rogers Building.

$17Kprogram expense
03

A portion of the expenses in 2020 went toward litigation in the matter of City of Paterson v. Great Falls Preservation and Development Corporation. This litigation was necessary to enforce a deed and lease between the City and GFP.

Pt IX · col B

By the numbers

The FY2023 990-EZ, line by line.

1The main four
Money in
$143K
Other income$143K
Owns and owes
$258K
net assets
Liabilities$30K
People
7
listed
Paid2
2In more detail
Revenue in detail
Other income$143K
Total revenue$143K
Assets in detailEnd of year
Liabilities$30K
Net assets$258K
Operations
Employees2
Volunteers10
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $151K$265K 990 PDF
FY2023 Viewing $143K$258K 990 PDF
FY2022 $169K$118K 990 PDF
FY2021 $176K$115K 990 PDF
FY2020 $181K$182K−$949$194K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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