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Don Pedro Housing Corporation

EIN 23-3323123 · Newark, NJ

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE DEVELOPMENT OF AFFORDABLE HOUSING AND OTHER REAL ESTATE PROJECTS AS WELL AS REDEVELOPMENT ACTIVITIES THAT CONTRIBUTE TO THE REVITALIZATION OF NEWARK'S COMMUNITIES.

Income
$345,000
Spending
$100,890
Spent on programs
100%
Reserves
50.2 months of spending
Largest source of income
fees for its services, 100%
Employees
0
Volunteers
4
Highest pay
$239,172, president & ceo

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 90 out of 100. Higher than 86% of charities in its peer group (housing, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 50.2 months of spending.

  • Debt

    10 of 20

    It owes 39% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 71% of income.

  • Income trend

    15 of 15

    Income rose 0% on the year before.

  • Spending floor

    15 of 15

    100% of spending went to programs.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100. Higher than 64% of charities in its peer group (housing, $250k to $1m).

  • Independent board

    18 of 25

    4 of 4 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $100,890 spent. REAL ESTATE DEVELOPMENT DPDC SEEKS TO DEVELOP AND UNDERTAKE REAL ESTATE DEVELOPMENT ACTIVITIES THAT CONTRIBUTE TO THE REVITALIZATION OF THE COMMUNITIES OF THE CITY OF NEWARK AND ITS IMMEDIATE ENVIRONMENT, WITH A PRIMARY FOCUS OF ALIGNING SAID ACTIVITIES WITH LA CASA DE DON PEDRO AND ITS STRATEGIC AND COMMUNITY PLANS. TO THAT END, DPDC MAY UNDERTAKE THE PURCHASE, HOLDING, GRANTING, TRANSFERRING, SALE, IMPROVEMENT AND OWNING OF REAL ESTATE PROPERTIES; IT MAY ENGAGE IN FINANCIAL ARRANGEMENTS AND CONTRACTUAL ACTIVITIES TO UNDERWRITE THE REAL ESTATE DEVELOPMENT PROCESS INCLUSIVE OF ACCEPTING GRANTS, DONATIONS, CONTRIBUTIONS, FEES AND COMMISSIONS; AS WELL AS TAKE ON DEBT AND ENTER INTO SUCH OBLIGATIONS, LOANS AND PROMISSORY NOTES, LETTERS OF CREDIT, GUARANTOR POSITIONS, AS WELL AS OTHER INSTRUMENTS THAT MIGHT BE DETERMINED TO BE APPROPRIATE; TO ENTER IN CONTRACTS, AGREEMENTS, SERVICE AGREEMENTS, PARTNERSHIPS, JOINT VENTURES AND COLLABORATIONS OR SUCH OTHER ACCEPTABLE ARRANGEMENTS TO UNDERTAKE THE DEVELOPMENT, CONSTRUCTION, OWNERSHIP, DISPOSITION, CONVEYANCE, TRANSFER AND SALE OF REAL PROPERTY AND OTHER REDEVELOPMENT PROJECTS AND ACTIVITIES.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since March 1995.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.