New Brunswick Development Corporation
New Brunswick Development Corporation is a private foundation focused on Human Services, based in New Brunswick, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $994.5M in total assets. In 2024, it made $6.9M in qualifying distributions.
New Brunswick Development Corporation at a glance
- Total assets
- $994,478,932
- +3.1% vs 2023
- Revenue (2024)
- $10,107,020
- -16.4% vs 2023
- Qualifying distributions (2024)
- $6,874,912
- -0.9% vs 2023
- Expenses (2024)
- $6,917,922
- +3.2% vs 2023
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Qualifying Distributions |
|---|---|---|---|---|
| 2024 | $994,478,932 | $10,107,020 | $6,917,922 | $6,874,912 |
| 2023 | $964,956,761 | $12,094,567 | $6,703,810 | $6,935,356 |
| 2022 | $185,948,176 | $9,405,642 | $5,961,058 | $5,836,628 |
| 2021 | $160,695,032 | $7,177,956 | $5,020,917 | $4,964,671 |
| 2020 | $103,117,654 | $1,828,511 | $7,895,353 | — |
Leadership & Key People
Officers and directors from IRS filings
New Brunswick Development Corporation is led by Christopher J. Paladino, President on every filing since 2020; 4 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Christopher J. Paladino
President
On filings since 2020
$543K (2020) → $700K (2024)
George R. Zoffinger
Chairman
On filings since 2020
No compensation reported
Amy Mansue
Director
On filings since 2020
No compensation reported
David G. Sciarra Esq.
Director
On filings since 2020
No compensation reported
Dennis Marco
Director
On filings since 2020
No compensation reported
Gilbert H. Blitz
Director
On filings since 2020
No compensation reported
IRA S NOVAK Esq.
Director
On filings since 2020
No compensation reported
Sergio Iacovitti
Director
On filings since 2020
No compensation reported
WILLIAM j QUINN
Director
On filings since 2020
No compensation reported
Stanley M. Kosierowski
Director
On filings since 2023
No compensation reported
Glen Sofo
Treasurer
On filings since 2020
$183K (2020) → $234K (2024)
Sarah F Clarke
Executive Vice President & Assistant Secretary
Executive Vice President → Executive Vice President & Assistant Secretary, 2023
On filings since 2020
$323K (2020) → $511K (2024)
Merrisa A Buczny
Vice President & Assistant Secretary
New on the 2024 filing
$459K (2024)
Vito R. Nardelli
Vice Chairperson
On filings since 2020
No compensation reported
Former officers (2)
- Former: Merissa A Buczny (2020–2023) — Vice President & Assistant Secretary
- Former: Stan Kosierowski (2020–2022) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $700K, to Christopher J Paladino (President). 4 officers or directors reported compensation on that filing.
Frequently asked questions about New Brunswick Development Corporation
How large is New Brunswick Development Corporation?
New Brunswick Development Corporation reported $994.5M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $10.1M.
What is New Brunswick Development Corporation?
New Brunswick Development Corporation is a private foundation focused on Human Services, based in New Brunswick, NJ. It holds $994.5M in total assets as of 2024.
What is New Brunswick Development Corporation's EIN?
New Brunswick Development Corporation's EIN (Employer Identification Number) is 22-2104766. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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