Allaire Village Inc

Organization Overview

Allaire Village Inc is located in Farmingdale, NJ. The organization was established in 1963. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Allaire Village Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Allaire Village Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Allaire Village Inc generated $718.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $582.8k during the year ending 12/2021. While expenses have increased by 4.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF ALLAIRE VILLAGE, INC IS TO ASSIST AND ADVISE THE STATE OF NEW JERSEY IN CERTAIN PHASES OF DEVELOPMENT, RESTORATION, PRESERVATION, INTERPRETATION, AND OPERATION OF THE HISTORIC HOWELL WORKS WITHIN ALLAIRE STATE PARK. TO ACCOMPLISH THIS MISSION, THE CORPORATION SHALL BE KNOWN AS THE HISTORIC VILLAGE AT ALLAIRE. SHALL PROMOTE THE HISTORICAL, AESTHETIC, AND CULTURAL SIGNIGICANCE OF THE HISTORIC HOWELL WORKS BY MEANS OF NEWS MEDIA, EXHIBITS, DISPLAYS, DEMONSTRATIONS, CULTURAL PROGRAMS, TOURS, SEMINARS, CONFERENCES, INTERPRETIVE PROGRAMS, PUBLICATIONS, AND ANY OTHER ACCEPTABLE AND APPROVED MEANS. SHALL REVIEW THE PLANS OF THE STATE AS RELATED TO HISTORIC HOWELL WORKS IN ALLAIRE STATE PARK. SHALL DEVELOP, PRODUCE, AND DISTRIBUTE EDUCATIONAL MATERIAL AND CONDUCT SCHOOL AND PUBLIC EDUCATIONAL TOURS AND PROGRAMS. SHALL MAINTAIN A HISTORICAL LIBRARY DIRECTLY PERTAINING TO THE HISTORIC HOWELL WORKS. SHALL ENCOURAGE AND PARTICIPATE IN THE ACQUISITION, RESTORATION, PRESERVATION,

Describe the Organization's Program Activity:

Part 3 - Line 4a

INTERPRETATION OF HISTORIC VILLAGE INCLUDING TOURS, DEMONSTRATIONS AND SPECIAL EVENTS.


INTERPRETATION OF HISTORIC VILLAGE INCLUDING TOURS, DEMONSTRATIONS AND SPECIAL EVENTS.


INTERPRETATION OF HISTORIC VILLAGE INCLUDING TOURS, DEMONSTRATIONS AND SPECIAL EVENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Hance Sitkus
Executive Director
$17,500
Ray O'grady
Chairman-Deceased
$0
Russ Mclver
Vice Chair
$0
Tom Laverty
Secretary
$0
Charles A Brisbane
Treasurer
$0
Jason Bryant
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$15,725
Fundraising events$0
Related organizations$0
Government grants $70,325
All other contributions, gifts, grants, and similar amounts not included above$20,680
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$106,730
Total Program Service Revenue$55,193
Investment income $4,785
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $50,941
Net Gain/Loss on Asset Sales $6,616
Net Income from Fundraising Events $296,899
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $115,116
Miscellaneous Revenue$0
Total Revenue $718,756

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Allaire Village Inc has recieved totaling $3,000.

Awarding OrganizationAmount
Manasquan Bank Charitable Foundation Inc

Wall Township, NJ

PURPOSE: CULTURAL PROGRAMMING

$3,000
View Grant Recipient Profile

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