UNITED WAY OF BERGEN COUNTY

EIN: 226028959 501(c)(3)

PARAMUS, NJ

Total Revenue
$13,776,032
Total Expenses
$13,861,622
Total Assets
$31,890,555
Net Assets
$24,061,970
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
NJ
Principal Officer
THOMAS TORONTO
Phone
2012914050
Tax Period
2024-04-01 to 2025-03-31

UNITED WAY OF BERGEN COUNTY, founded in 1962, is a mid-sized nonprofit that reported $13.8M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

WE ARE BUILDING. IN EVERY ASPECT OF OUR WORK, WE ARE BUILDING BETTER LIVES, BETTER COMMUNITIES AND BETTER FUTURES. WE ARE CHANGING LIVES - DIRECTLY AND CONCRETELY. WE HAVE BUILT A STRONG FOUNDATION BUT THERE IS MORE WORK THAT MUST BE DONE. OUR COMMITMENT IS TO ASSIST THE MOST VULNERABLE RESIDENTS IN OUR COMMUNITY BY DEVELOPING PROGRAMS AND FINANCIAL RESOURCES TO ADDRESS UNMET NEEDS. HELP STARTS WITH 2-1-1 OUR FREE AND SIMPLE STATEWIDE SERVICE THAT ANSWERS EVERY CALL FOR HELP. WE HELP IN A CRISIS. WE ARE TURNING LIVES AROUND WITH INNOVATIVE SOLUTIONS TO OUR COMMUNITY'S MOST CRITICAL PROBLEMS LIKE HOUSING WORKS, OUR DEVELOPMENT EFFORT TO INCREASE THE SUPPLY OF HOMES THAT PEOPLE CAN AFFORD, AND ENABLE SOME VERY SPECIAL PEOPLE TO LIVE INDEPENDENTLY.

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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 $13,312,624
Program Service Revenue $251,246
Investment Income $79,349
Other Revenue $132,813
TOTAL REVENUE $13,776,032

Expense Breakdown

Grants Paid $12,462,411
Salaries & Benefits $922,279
Fundraising Expenses $332,670
Program Expenses $12,943,286
Other Expenses $476,932
TOTAL EXPENSES $13,861,622

Year-over-Year Comparison

2024 2023 Change
Revenue $13,776,032 $14,502,006 -0.1%
Expenses $13,861,622 $14,501,739 0.0%
Net Income $-85,590 $267 -321.6%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
15
Volunteers
11

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
4
$217,860
Total Directors
12
$217,860
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS TORONTO PRESIDENT & CEO 37.50
Officer Director
$190,480 $27,380 $217,860
CAROL LOWDEN CONTROLLER 37.50
Highest
$106,262 $28,774 $135,036
GINA NICOLETTI-GILSENAN CHIEF DEVELOPMENT OFFICER 37.50
Highest
$102,001 $22,414 $124,415
PETER J INGRASCI CHAIR 1.50
Officer Director
$0 $0 $0
JOSEPH M HEALY VICE CHAIR, THRU 12/24 1.50
Officer Director
$0 $0 $0
VALERIE A REARDON TREASURER 1.50
Officer Director
$0 $0 $0
GREGORY C DUNLAP BOARD MEMBER 1.00
Director
$0 $0 $0
JAMES E HEALEY CPA BOARD MEMBER 1.00
Director
$0 $0 $0
KEN FINNERTY BOARD MEMBER 1.00
Director
$0 $0 $0
REVEREND RICHARD S HONG BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT J IACULLO BOARD MEMBER 1.00
Director
$0 $0 $0
AMERICO R LISBOANO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL MOLIN BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON WINTERS BOARD MEMBER 1.00
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 $13,776,032 $13,861,622 $31,890,555 $-85,590
2024 $14,502,006 $14,501,739 $31,465,618 $267
2023 $14,681,756 $15,366,894 $30,789,392 $-685,138
2022 $16,270,987 $16,132,051 $30,271,619 $138,936
2021 $17,187,459 $17,535,193 $28,139,614 $-347,734
2020 $17,319,946 $17,341,407 $22,947,954 $-21,461
2019 $14,627,624 $14,746,096 $18,606,429 $-118,472
2018 $18,576,762 $18,574,911 $20,177,353 $1,851
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