Corporation For Business Assistance In New Jersey
- Assets
- $200.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 10/1984
- Data as of
- 12/2021
- EIN
- 22-2466727
Organization Overview
Corporation For Business Assistance In New Jersey is located in Trenton, NJ. The organization was established in 1984. According to its NTEE Classification (S43) the organization is classified as: Small Business Development, 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. Corporation For Business Assistance In New Jersey is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Corporation For Business Assistance In New Jersey generated $85.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $8.1k during the year ending 12/2021. 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
HELP COMMUNITIES BY STIMULATING THE GROWTH AND EXPANSION OF SMALL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Virginia Alling Director | 0.1 | $0 | |
Philip Kirschner Director | 0.1 | $0 | |
Douglas Turnbull Director | 0.1 | $0 | |
Maureen Tinen Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $85 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85 |
| 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 | $8,116 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $8,116 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200,490 |
| Other assets | $0 |
| Total assets | $200,490 |
| Total liabilities | $8,000 |
| Net assets or fund balances | $192,490 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ben Franklin Technology Center Of Southeastern Pennsylvania Philadelphia, PA | $114,107,980 | $9,362,495 |
Trenton Business Assistance Corporation Mercerville, NJ | $91,160,866 | $14,574,637 |
Economic Progress Alliance Of Crawford County Meadville, PA | $32,588,545 | $5,037,136 |
Trickle Up Program Inc New York, NY | $7,710,130 | $4,721,602 |
Manufacturers Resource Center Allentown, PA | $3,950,399 | $3,151,417 |
Spedd Inc Vandergrift, PA | $27,841,148 | $4,019,412 |
World Trade Center Small Business Recovery Fund Inc Albany, NY | $0 | $35,625 |
Latin American Venture Capital Association New York, NY | $0 | $1,998,213 |
Cooperative Business Assistance Corporation Camden, NJ | $25,530,921 | $5,424,289 |
Allentown Economic Development Corporation Allentown, PA | $28,611,870 | $1,731,246 |
Launch New York Inc Buffalo, NY | $5,910,787 | $3,470,565 |
Media Law Resource Center Inc New York, NY | $2,775,500 | $1,755,345 |