HAMILTON PARTNERSHIP FOR PATERSON INC

EIN: 270826275 501(c)(3) Community Improvement

PATERSON, NJ

Total Revenue
$403,168
Total Expenses
$276,220
Total Assets
$2,716,425
Net Assets
$2,714,544
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NJ
Principal Officer
STEPHANIE CULLINS
Phone
9734131628
Tax Period
2023-07-01 to 2024-06-30

HAMILTON PARTNERSHIP FOR PATERSON INC, founded in 2009, is a small nonprofit in the Community Improvement sector that reported $403K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $127K, a strong 31% operating margin.

Mission

TO ENHANCE THE PUBLIC BENEFITS OF THE PATERSON GREAT FALLS NATIONAL PARK

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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 (2023)

Revenue Breakdown

Contributions & Grants $395,154
Program Service Revenue $0
Investment Income $8,014
Other Revenue $0
TOTAL REVENUE $403,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $212,916
Fundraising Expenses $77,561
Program Expenses $132,842
Other Expenses $63,304
TOTAL EXPENSES $276,220

Year-over-Year Comparison

2023 2022 Change
Revenue $403,168 $364,729 +0.1%
Expenses $276,220 $397,385 -0.3%
Net Income $126,948 $-32,656 -4.9%
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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Governance

Voting Members
10
Independent Members
10
Employees
2
Volunteers
15

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
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LESLIE WEBER FORMER EXEC DIR 40.00
$72,000 $0 $72,000
MARTIN VERGARA II Chairman 2.00
Officer Director
$0 $0 $0
ARLENE SARAPPO VICE CHAIRMAN 2.00
Officer Director
$0 $0 $0
NANCY GARSON Treasurer 2.00
Officer Director
$0 $0 $0
JEFF ABRAMS Secretary 2.00
Officer Director
$0 $0 $0
MOHAMED EL-FILALI Trustee 2.00
Director
$0 $0 $0
B DANFORTH ELY Trustee 2.00
Director
$0 $0 $0
JEROLD S KAYDEN Trustee 2.00
Director
$0 $0 $0
STEPHANIE CULLINS Executive Dir. 40.00
Director
$0 $0 $0
LAWRENCE F KRAMER Trustee 2.00
Director
$0 $0 $0
JOHN A LAWRENCE Trustee 2.00
Director
$0 $0 $0
SURESH SANI Trustee 2.00
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 No data No data No data No data
2024 $403,168 $276,220 $2,716,425 $126,948
2023 $364,729 $397,385 $2,603,874 $-32,656
2022 $536,737 $584,625 $2,714,041 $-47,888
2021 $613,090 $471,573 $2,865,916 $141,517
2020 $537,747 $528,653 $2,754,650 $9,094
2019 $2,473,327 $505,864 $2,612,629 $1,967,463
2018 $757,535 $623,784 $638,461 $133,751
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