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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building 75 Spruce Street Development Inc.

75 Spruce Street Development Inc.

Fiscal year ending 2023. Filed on May 15, 2024.

PO Box 6976
Paterson, New Jersey 07509

75 Spruce Street Development Inc. (EIN: 26-1150169) has filed an IRS Form 990 between fiscal years 2016 and 2023. In its fiscal year 2023 IRS Form 990 filing, 75 Spruce Street Development Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $197,277. The highest compensated employee at 75 Spruce Street Development Inc. is Robert Guarasci with fiscal year 2023 compensation of $218,741.

Revenue, expenses, and employee compensation

Revenue

$1,518,407

Expenses

$1,326,981

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Robert Guarasci
Chair and President
$218,741
$0 $207,000 $11,741
Kathie Mendez
Secretary and Treasurer
$175,812
$0 $149,823 $25,989

Benchmark Employee Compensation

Non-Employee Board Members

Michael Deblasio
Vice President
$129,470
$0 $129,470 No other comp
Michael Cassidy
Vice President
$86,701
$0 $86,463 $238

Mission Statement

TO PROVIDE EDUCATIONAL OPPORTUNITY AND COMMUNITY DEVELOPMENT IN THE CITY OF PATERSON.

Revisions to this organization profile

May 15, 2024:
2023 75 Spruce Street Development Inc. 990 filed
May 11, 2023:
2022 75 Spruce Street Development Inc. 990 filed
May 16, 2022:
2021 75 Spruce Street Development Inc. 990 filed

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