This organization files Form 990, which has no section for application policy. Its filings cannot say either way.
The latest filing we hold carries no statement about applications. That is not the same as closed: public-charity Form 990s have no field for it, and many foundations leave the section blank.
Grants paid by year
Total assets by year
Where the money went · FY2024
Form 990 splits expenses into program services, management and fundraising. The split is self-reported, and a grantmaker, a research institute and a direct-service nonprofit book the same work differently. A line the return does not carry reads "not available"; it is never counted as zero.
| Year | Form | Revenue | Expenses | Grants paid | Assets | Net assets |
|---|---|---|---|---|---|---|
| FY2024 | 990 | $12,532,772 | $18,452,484 | $0 | $70,380,749 | −$1,816,653 |
| FY2023 | 990 | $4,257,789 | $5,880,229 | $40,000 | $80,382,256 | $4,103,059 |
| FY2022 | 990 | $5,569,179 | $5,097,688 | $25,000 | $74,988,082 | $5,719,896 |
| FY2021 | 990 | $10,061,952 | $5,607,378 | $200,000 | $76,386,881 | $5,248,405 |
| FY2020 | 990 | $6,263,824 | $6,341,111 | $385,000 | $64,186,538 | $825,967 |
Figures are as reported on the e-filed return, with no restatement. Fiscal years are the funder's own tax year, labelled by the calendar year the period ends in. A blank line means the return does not carry that figure; a real zero shows as $0. When an amended return replaces an original, every figure here uses the amended return. The original is not shown. Giving is what the funder actually paid out toward its charitable purpose in the year (qualifying distributions on Form 990-PF, charitable disbursements otherwise). Assets are what it holds; giving is what moves.
Recipient focus areas
Where recipients are
Based on the 57% of grant rows we could match to an organization record. The rest stay as reported. The IRS assigns the NTEE category when it grants exemption. It often reflects the original filing, not today's giving.
| Recipient | Purpose | Amount | Year | Source |
|---|---|---|---|---|
| PARRAMORE ASSET STABILIZATION FUNDNew Brunswick, NJ | Operating expenses of rental properties | $375,000 | 2020 | |
Recipients are shown as the funder wrote them on the return. A recipient with a link was matched to an organization record; the rest stay as reported and are never guessed.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gregg B Gunselman | BOARD CHAIR | 1.00 | $0 |
| Paul Alexander | VICE CHAIR | 1.00 | $0 |
| Linwood L Robbins | TREASURER | 1.00 | $0 |
| Bryan Long | SECRETARY |
From the officer list on the latest e-filed return. Compensation is as reported there; a blank means the return carries no figure.
| RENTAL ASSISTANCE |
| $150,000 |
| 2021 |
| CRISIS HOUSING SOLUTIONSDAVIE, FL | HOUSING ASSISTANCE | $50,000 | 2021 |
| ESSEX COMMUNITY LAND TRUST INCMONTCLAIR, NJ | SHARED EQUITY INITIATIVE GRANT | $30,000 | 2023 |
| NEW BRUNSWICK TOMORROWNEW BRUNSWICK, NJ | DOWN PAYMENT ASSISTANCE | $25,000 | 2022 |
| PARRAMORE ASSET STABILIZATION FUNDNEW BRUNSWICK, NJ | GENERAL FUND | $10,000 | 2023 |
| Lincoln Park Coast Cultural District IncNewark, NJ | COVID-19 response grant | $10,000 | 2020 |
| 1.00 |
| $0 |
| Michelle E Richardson | BOARD DIRECTOR | 1.00 | $0 |
| Evan Weiss | BOARD DIRECTOR | 1.00 | $0 |
| Lyneir Richardson | BOARD DIRECTOR | 1.00 | $0 |
| Sabrina N Conyers | BOARD DIRECTOR (BEG 01/24) | 1.00 | $0 |
| Maria Vizcarrondo | BOARD DIRECTOR (END 09/24) | 1.00 | $0 |
| Pilar Hogan Closkey | BOARD DIRECTOR (END 03/24) | 1.00 | $0 |
| Bernel Hall | PRESIDENT & CHIEF EXECUTIVE OFFICER | 9.00 | $0 |
| John D Allen Iv | CHIEF FINANCIAL OFFICER | 9.00 | $0 |
| Melinda Colon-Cox | GEN. COUNSEL & CHIEF COMPLIANCE OFFICER | 9.00 | $0 |
| Steven Kaczynski | CONTROLLER | 9.00 | $0 |
| Ryan Johnson | MANAGING DIRECTOR, REAL ESTATE | 50.00 | $0 |
| Christopher Giametta | DIRECTOR, CONSTRUCTION | 50.00 | $0 |
| Danielle M Rosen | DIRECTOR OF OPERATIONS, CAPC | 40.00 | $0 |
| Raul Cabrera | BROKER OF RECORD | 40.00 | $0 |
| Marianne Harris | ASSOCIATE DIRECTOR, PROPERTY MGMT | 40.00 | $0 |
| Annette Gunn | COLLECTIONS MANAGER | 40.00 | $0 |
Form 990 · FY2023 · period ending Sep 30, 2023IRS bulk XML
Filing id 202412289349302101
Form 990 · FY2022 · period ending Sep 30, 2022
Filing id 202342269349301139
Form 990 · FY2021 · period ending Sep 30, 2021
Filing id 202242239349300419
Form 990 · FY2020 · period ending Sep 30, 2020
Filing id 202102249349300735
Form 990 · FY2019 · period ending Sep 30, 2019
Filing id 202012309349303306
Form 990 · FY2018 · period ending Sep 30, 2018
Filing id 201942319349300839
Form 990 · FY2017 · period ending Sep 30, 2017
Filing id 201822289349300847
IRS filings are the source for every fact on this page. Nothing a model writes is ever a source; it can only point at a row here.