Garfield Properties Holding Corporation
- Assets
- $330.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmyra, NJ
- Founding
- 11/2018
- Data as of
- 12/2022
- EIN
- 82-5218588
Organization Overview
Garfield Properties Holding Corporation is located in Palmyra, NJ. The organization was established in 2018. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Garfield Properties Holding Corporation is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2022, Garfield Properties Holding Corporation generated $76.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $79.9k during the year ending 12/2022. While expenses have increased by 1.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THIS SECTION IS NOT REQUIRED FOR 501(C)(2) ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vincent Verrico Manager | 6 | $5,400 | |
Clifford Mason Trustee Chairman | 1 | $0 | |
William Tippenhauer Treasurer | 1 | $0 | |
Jim Weston Trustee | 0 | $0 | |
Joan Schwering Trustee | 0 | $0 | |
Eva Schultz Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $118 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $76,155 |
| Total Revenue | $76,273 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,629 |
| Professional fees and other payments to independent contractors | $3,384 |
| Occupancy, rent, utilities, and maintenance | $45,899 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $79,912 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,579 |
| Other assets | $0 |
| Total assets | $330,579 |
| Total liabilities | $20,008 |
| Net assets or fund balances | $310,571 |