Broadway Verona Corp Inc is located in Highland Park, NJ. The organization was established in 1994. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broadway Verona Corp Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 12/2021, Broadway Verona Corp Inc generated $96.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $83.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
BROADWAY VERONA CORPORATION INC. WAS ESTABLISHED TO PROVIDE AFFILIATED ASBESTOS WORKERS' LOCAL NO. 32 TAX EXEMPT ORGANIZATIONS WITH OFFICE AND EDUCATIONAL FACILITIES AND THE ADMINISTRATION OF THOSE FACILITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Legrand Business Agent | 0 | $0 | |
Stephen Sullivan Executive Board | 0 | $0 | |
Dominick Boldi Executive Board | 0 | $0 | |
James Cunningham Mas Organizer | 0 | $0 | |
Jeramiah Farmer President | 0 | $0 | |
Marvin Lowery Recording Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $96,084 |
Total Revenue | $96,084 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $74,338 |
Printing, publications, postage, and shipping | $7,609 |
Other expenses | $1,358 |
Total expenses | $83,305 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $32,154 |
Other assets | $0 |
Total assets | $374,634 |
Total liabilities | $0 |
Net assets or fund balances | $374,634 |
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