Paterson Development & Management Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 63,900 | 1,476 | 62,424 | 509.4 | — |
| 2011 | 490,467 | 15,221 | 475,246 | 424.1 | 0% |
| 2012 | 603,854 | 8,326 | 595,528 | 1634.6 | 0% |
| 2013 | 785,466 | 206,974 | 578,492 | 99.3 | 0% |
| 2014 | 233,612 | 115,273 | 118,339 | 190.6 | 0% |
| 2015 | 131,773 | 93,684 | 38,089 | 239.4 | 0% |
| 2016 | 116,479 | 104,225 | 12,254 | 216.6 | 0% |
| 2017 | 138,746 | 91,047 | 47,699 | 254.2 | 0% |
| 2018 | 107,625 | 103,365 | 4,260 | 224.4 | 0% |
| 2019 | 96,837 | 137,544 | −40,707 | 165.1 | 0% |
| 2020 | 121,538 | 116,659 | 4,879 | 195.2 | 0% |
| 2021 | 99,035 | 118,646 | −19,611 | 189.9 | 0% |
| 2022 | 87,968 | 101,478 | −13,510 | 220.5 | 0% |
| 2023 | 78,586 | 151,042 | −72,456 | 142.4 | 0% |
| 2024 | 93,407 | 144,598 | −51,191 | 144.5 | 0% |
In its most recent public year (2024), this organization spent $51,191 more than it brought in. Its reserves stood at about 144.5 months of spending, down from 509.4 in 2010. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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