Loading organization details...
Loading organization details...
PROVIDE AND UNDERWRITE LOANS TO SMALL BUSINESSES THAT ARE UNABLE TO OBTAIN FINANCING THROUGH NORMAL BANKING CHANNELS, PROVIDE TRAINING TO SMALL BUSINESSES ON VARIOUS BUSINESS MATTERS.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$9.4M
Program Spending
93%
of total expenses go to program services
Total Contributions
$0
Total Expenses
▼$7.1M
Total Assets
$25.5M
Total Liabilities
▼$4.7M
Net Assets
$20.8M
Officer Compensation
→$1.7M
Other Salaries
$3.1M
Investment Income
$13.9K
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$5.2M
Awards Found
16
Small Business Administration
$428.6K
TRENTON BUSINESS ASSISTANCE CORPORATION - NJ FY 19 MICROLOAN
Small Business Administration
$366.2K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$341.7K
REGIONAL BUSINESS ASSISTANCE CORP, NJ THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$294.2K
MICROLOAN TECHNICAL ASSISTANCE PROGRAM
Small Business Administration
$288.5K
THE SMALL BUSINESS ADMINISTRATION (SBA) MICROLOAN PROGRAM PROVIDES DIRECT LOANS AND GRANTS TO ELIGIBLE NON-PROFIT MICROLENDERS SO THAT THEY MAY PROVIDE MICRO-LEVEL LOANS, AND BUSINESS BASED TRAINING AND TECHNICAL ASSISTANCE TO START- UP, NEWLY ESTABLISHED AND GROWING SMALL BUSINESS CONCERNS.
Small Business Administration
$280.5K
TRENTON BUSINESS ASSISTANCE CORP - NJ
Small Business Administration
$267.7K
MICROLOAN PROGRAM- INTERMEDIARY LENDER AND TECHNICAL ASSISTANCE PROVIDER
Small Business Administration
$185.9K
TRENTON BUSINESS ASSISTANCE CORP - NJ
Department of Agriculture
$100K
SEC. 6022 RMAP-RURAL MICRO DEVELOP ORGANIZATIONS GRANTS (DISC)
Source: Federal Audit Clearinghouse (fac.gov)
Total Audits
8
Clean Audits
6
Material Weakness
Yes
Noncompliance Issues
No
| Year | Status | Financial Report | Federal Expenditure | Low Risk | Accepted |
|---|---|---|---|---|---|
| 2025 | Material Weakness | Unmodified (Clean) | $2.5M | No | 2026-02-27 |
| 2024 | Clean | Unmodified (Clean) | $628.8M | Yes | 2025-02-03 |
| 2024 | Material Weakness | Unmodified (Clean) | $2.5M | Yes | 2026-02-27 |
| 2023 | Clean | Unmodified (Clean) | $585M | Yes | 2024-02-28 |
| 2022 | Clean | Unmodified (Clean) | $517.9M | Yes | 2023-02-28 |
| 2020 | Clean | Unmodified (Clean) | $331.8M | Yes | 2021-03-11 |
| 2019 | Clean | Unmodified (Clean) | $293.2M | Yes | 2020-05-05 |
| 2018 | Clean | Unmodified (Clean) | $260.5M | Yes | 2019-04-11 |
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$628.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$2.5M
Financial Report
Unmodified (Clean)
Federal Expenditure
$585M
Financial Report
Unmodified (Clean)
Federal Expenditure
$517.9M
Financial Report
Unmodified (Clean)
Federal Expenditure
$331.8M
Financial Report
Unmodified (Clean)
Federal Expenditure
$293.2M
Financial Report
Unmodified (Clean)
Federal Expenditure
$260.5M
Tax Year 2024 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $9.4M | $0 | $7.1M | $25.5M | $20.8M |
| 2022IRS e-File | $7.7M | $0 | $6.8M | $25.2M | $18.6M |
| 2021 | $14.6M | $313.2K | $5.8M | $91.2M | $17.3M |
| 2020 | $6.5M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| William Pazmino | Ex. Director | 60 | $849.5K | $0 | $33K | $882.5K |
| Paul Watter | Chair | 2 | $0 | $0 | $0 | $0 |
| Terry Daniels | Secretary | 2 | $0 | $0 | $0 | $0 |
William Pazmino
Ex. Director
$882.5K
Hrs/Wk
60
Compensation
$849.5K
Related Orgs
$0
Other
$33K
Paul Watter
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Terry Daniels
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Andres Pazmino | Chief Operating Officer | 60 | $623.3K | $0 | $20.8K | $644.1K |
| Lilibeth Herrera | Director Community Lending | 60 | $297.9K | $0 | $15.2K | $313.2K |
| Babette Gallagher | Team Lead 504 Loans | 60 | $295.7K | $0 |
Andres Pazmino
Chief Operating Officer
$644.1K
Hrs/Wk
60
Compensation
$623.3K
Related Orgs
$0
Other
$20.8K
Lilibeth Herrera
Director Community Lending
$313.2K
Hrs/Wk
60
Compensation
$297.9K
Related Orgs
$0
Other
$15.2K
Babette Gallagher
Team Lead 504 Loans
$312.2K
Hrs/Wk
60
Compensation
$295.7K
Related Orgs
$0
Other
$16.5K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Elayne Mcclaine | Director | 2 | $0 | $0 | $0 | $0 |
| Eli Hazan | Director | 2 | $0 | $0 | $0 | $0 |
| John Burke | Director | 2 | $0 | $0 | $0 | $0 |
| Jose M Colon | Director | 2 | $0 | $0 | $0 | $0 |
| Josh Donovan | Director | 2 | $0 | $0 | $0 | $0 |
| Kathleen Durand | Director | 2 |
Elayne Mcclaine
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Eli Hazan
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
John Burke
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $0 |
| $4.4M |
| $42.8M |
| $8.4M |
| 2019 | $4.6M | $0 | $3.6M | $11.1M | $6.3M |
| 2018 | $4.1M | $0 | $3.6M | $10.8M | $5.4M |
| 2017 | $3.8M | $0 | $3.7M | $9.7M | $4.9M |
| 2016 | $3.9M | $31K | $3.1M | $10.8M | $4.7M |
| 2015 | $2.9M | $37.6K | $2.2M | $9.7M | $3.9M |
| 2014 | $2M | $43K | $1.7M | $6.5M | $3.3M |
| 2013 | $1.8M | $442.9K | $1.6M | $5.7M | $2.9M |
| 2012 | $1.6M | $558.3K | $1.6M | $6.9M | $2.8M |
| 2011 | $1.6M | $727.3K | $1.3M | $6.5M | $2.7M |
| 2010 | $1.3M | $535.8K | $1.6M | $6.3M | $3.5M |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | Data |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $16.5K |
| $312.2K |
| Renata Colache | Business Development Director | 60 | $208.9K | $0 | $13.4K | $222.3K |
| Lisa Murgatroyd | Business Development Director | 60 | $202.6K | $0 | $9,489 | $212.1K |
| Jillian Caiola | Business Development Director | 60 | $190.8K | $0 | $10K | $200.8K |
| Stefanie Kantout | Director Of Closing&servic | 60 | $187K | $0 | $3,014 | $190K |
Renata Colache
Business Development Director
$222.3K
Hrs/Wk
60
Compensation
$208.9K
Related Orgs
$0
Other
$13.4K
Lisa Murgatroyd
Business Development Director
$212.1K
Hrs/Wk
60
Compensation
$202.6K
Related Orgs
$0
Other
$9,489
Jillian Caiola
Business Development Director
$200.8K
Hrs/Wk
60
Compensation
$190.8K
Related Orgs
$0
Other
$10K
Stefanie Kantout
Director Of Closing&servic
$190K
Hrs/Wk
60
Compensation
$187K
Related Orgs
$0
Other
$3,014
| $0 |
| $0 |
| $0 |
| $0 |
| Lina Duque | Director | 2 | $0 | $0 | $0 | $0 |
| Luisa Robinson | Director | 2 | $0 | $0 | $0 | $0 |
| Matthew Verney | Director | 2 | $0 | $0 | $0 | $0 |
| Yankie Markowitz | Director | 2 | $0 | $0 | $0 | $0 |
Jose M Colon
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Josh Donovan
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Kathleen Durand
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Lina Duque
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Luisa Robinson
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Matthew Verney
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Yankie Markowitz
Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0