CLIFFSIDE PARK HOUSING DEVELOPMENT CORPORATION

EIN: 815476574 501(c)(3) Housing & Shelter

CLIFFSIDE PARK, NJ

Total Revenue
$17,500
Total Expenses
$17,500
Total Assets
N/A
Net Assets
N/A
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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
2016
Legal Domicile
NJ
Principal Officer
JOSEPH CAPANO
Phone
2019416160
Tax Period
2023-04-01 to 2024-03-31

CLIFFSIDE PARK HOUSING DEVELOPMENT CORPORATION, founded in 2016, is a micro nonprofit in the Housing & Shelter sector that reported $18K in total revenue in fiscal year 2023.

Mission

TO PROMOTE, AFFORDABLE HOUSING, RENTAL AND DEVELOPMENT

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $17,500
TOTAL REVENUE $17,500

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,500
Fundraising Expenses $0
Program Expenses $17,500
Other Expenses $0
TOTAL EXPENSES $17,500

Year-over-Year Comparison

2023 2022 Change
Revenue $17,500 N/A N/A
Expenses $17,500 N/A N/A
Net Income $0 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
N/A

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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Peter Colao PRESIDENT 0.00
Officer
$0 $0 $0
Ralph Calabrese VICE PRESIDENT 0.00
Officer
$0 $0 $0
Lou Papaletti TRUSTEE 0.00
Director
$0 $0 $0
Shahin Rahvar TRUSTEE 0.00
Director
$0 $0 $0
Peter Towcaski TRUSTEE 0.00
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 $17,500 $17,500 No data No data
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