NEDC FINANCIAL MANAGEMENT CORPORATION

EIN: 222464321 501(c)(3)

NEWARK, NJ

Total Revenue
$178,541
Total Expenses
$10,525
Total Assets
$1,779,057
Net Assets
$611,320
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NJ
Principal Officer
ALFRED FAIELLA
Phone
9736435844
Tax Period
2024-07-01 to 2025-06-30

NEDC FINANCIAL MANAGEMENT CORPORATION, founded in 1984, is a small nonprofit that reported $179K in total revenue in fiscal year 2024. Revenue surged 659% from the prior year, signaling strong growth momentum. The organization ran a surplus of $168K, a strong 94% operating margin.

Mission

ACTS AS A PARENT IN A GROUP OF ORGANIZATIONS WHICH ASSIST IN NEW JERSEY REDEVELOPMENT PROJECTS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,000
Program Service Revenue $0
Investment Income $28,541
Other Revenue $0
TOTAL REVENUE $178,541

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $10,525
TOTAL EXPENSES $10,525

Year-over-Year Comparison

2024 2023 Change
Revenue $178,541 $23,530 +6.6%
Expenses $10,525 $150 +69.2%
Net Income $168,016 $23,380 +6.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
1
Employees
N/A
Volunteers
1

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$225,683
Total Directors
3
$225,683
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALFRED FAIELLA PRESIDENT 1.00
Officer Director
$0 $29,514 $207,514
WILLIAM EATON V.PRESIDENT 1.00
Officer Director
$0 $0 $18,169
WARREN J KING JR SECRETARY 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $178,541 $10,525 $1,779,057 $168,016
2024 $23,530 $150 $1,450,485 $23,380
2023 $11,457 $150 $1,377,410 $11,307
2020 $10,290 $261,180 $408,357 $-250,890
2019 $631,000 $245,346 $659,247 $385,654
2018 $29,795 No data $273,593 No data
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