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Filing year 2023

THE PATERSON EDUCATION FOUNDATION INC

Paterson, New Jersey·EIN 22-2464316·501(c)(3)
Total revenue
$1.1M
Total assets
$415k
Total expenses
$1M
Reported officers
11
Mission

THE PATERSON EDUCATION FUND (PEF) IS A NOT-FOR-PROFIT ORGANIZATION WHOSE MISSION IS TO STIMULATE COMMUNITY ACTION FOR CHANGE SO THAT THE PATERSON PUBLIC SCHOOLS ENSURE THAT ALL PATERSON CHILDREN ACHIEVE HIGH STANDARDS.PEF'S GOALS ARE:TO BUILD OUR COMMUNITY'S CIVIC CAPACITY TO SUPPORT, MONITOR AND ADVOCATE EDUCATION REFORM.TO EDUCATE AND ENABLE COMMUNITY LEADERSHIP TO UNDERSTAND AND ACT ON CHANGING EDUCATION NEEDS.TO PROVIDE A FORUM FOR THE COMMUNITY TO EFFECTIVELY PARTICIPATE IN THE DECISION-MAKING PROCESSES CONCERNING EDUCATION.FOUNDED IN 1983, PEF'S ACTIVITIES BUILD AND NOURISH A CONSTITUENCY FOR SYSTEMATIC SCHOOL REFORM BY EDUCATING THE COMMUNITY ON THE IMPORTANCE OF HIGH STANDARDS AND EXPECTATIONS IN PROVIDING QUALITY EDUCATION FOR ALL CHILDREN. PEF CONVENES AND BROKERS RELATIONSHIPS BETWEEN THE PATERSON SCHOOL DISTRICT AND PRIVATE SECTOR ENTITIES INTERESTED IN PUBLIC EDUCATION IN PATERSON.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

Executive Director/ceo
Director (Operational)
25th percentile to median
$92k
$103k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 10 unpaid individuals.

Up 8%
from 2022

From $85k in 2022 to $92k in 2023.

$85k
2022
$92k
2023
In today's dollarsEst.
Up 4% in real terms$99k to $103k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

THE PATERSON EDUCATION FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.1M
$1.1M
2022
$1.1M
$1M
2023
Total revenue and total expenses from IRS Form 990 filings.
FAQ

Common questions about THE PATERSON EDUCATION FOUNDATION INC

What does the Director (Operational) of THE PATERSON EDUCATION FOUNDATION INC earn?

In 2023, the Director (Operational) of THE PATERSON EDUCATION FOUNDATION INC received $92,111 in total compensation. This pay is below the median (the midpoint) for Director (Operational) roles among nonprofits nationwide, across all sectors, but above the bottom quarter of comparable filings. Based on IRS Form 990 data.

How does Director (Operational) pay at THE PATERSON EDUCATION FOUNDATION INC compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Director (Operational) at THE PATERSON EDUCATION FOUNDATION INC falls between the 25th percentile and the median.

What are THE PATERSON EDUCATION FOUNDATION INC's revenue and expenses?

In 2023, THE PATERSON EDUCATION FOUNDATION INC reported $1.1M in total revenue and $1M in total expenses on its IRS Form 990.

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