Overview

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Est.

2001

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Paterson Alliance Inc, identified by EIN 02-0598570, is a nonprofit organization dedicated to community improvement, with a mission to unite nonprofit and community partners to create a vibrant Paterson. In the 2024 filing year, the organization operates with a budget of $411.1K and reported total revenue of $424.2K, relying on multiple funders without a single source accounting for 50% or more of its revenue. More information can be found on their website at www.patersonalliance.org.

Mission Statement

Uniting nonprofit and community partners to create a vibrant Paterson
Revenues
$424.2K
Expenses
$411.1K
Net Income:
+$13.1K
Assets
$762.2K
Liabilities
$546K
Net Assets:
+$216.2K
Operating Budget
$411.1K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
7
Median grant size
$30K
Largest grant received
$95K
K
Kara Rabbit
Board Member
R
Richard Williams
Board Member
A
Anny Alonzo
Board Member

Frequently Asked Questions

What is THE PATERSON ALLIANCE INC’s budget?
In 2024, THE PATERSON ALLIANCE INC reported an annual operating budget of around $411 thousand. More detailed financial information is available to registered users.
What causes does THE PATERSON ALLIANCE INC support?
THE PATERSON ALLIANCE INC supports work in Community improvement.
Where does THE PATERSON ALLIANCE INC operate?
THE PATERSON ALLIANCE INC is headquartered in Paterson, NJ.
Who funded THE PATERSON ALLIANCE INC recently?
In 2025, THE PATERSON ALLIANCE INC received grants from PATERSON CHILDRENS' FOUNDATION, HENRY & MARILYN TAUB FOUNDATION, and GERALDINE R DODGE FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant THE PATERSON ALLIANCE INC received in 2024?
The largest grant to THE PATERSON ALLIANCE INC in 2024 exceeds $95 thousand.
What is THE PATERSON ALLIANCE INC’s reliance on government grants?
THE PATERSON ALLIANCE INC relied on government grants for more than 20% of their total revenue in 2024.