Riese East Urban Renewal Corporation
Paterson, New Jersey
Financial Health Score
Provisional9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Below Average
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
2 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $2,412,483↑507% | $2,359,752↑579% | $17,593,625↓2% | |
| 2023 | $397,376 | $347,603 | $17,890,216 | — |
Frequently Asked Questions
What does Riese East Urban Renewal Corporation do?▼
Riese East Urban Renewal Corporation is a housing & shelter nonprofit organization based in New Jersey. It is classified under NTEE code L21 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Riese East Urban Renewal Corporation financially healthy?▼
Based on our 9-metric Financial Health Score model, Riese East Urban Renewal Corporation has a score of 39/100 (Grade: C). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Riese East Urban Renewal Corporation generate?▼
Riese East Urban Renewal Corporation reports $2.6M in annual revenue and holds $17.9M in total assets, based on IRS filings.
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