New Brunswick City Market Inc

Organization Overview

New Brunswick City Market Inc is located in New Brunswick, NJ. The organization was established in 1991. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, New Brunswick City Market Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Brunswick City Market 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 12/2023, New Brunswick City Market Inc generated $770.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $885.3k during the year ending 12/2023. While expenses have increased by 7.0% per year over the past 9 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE PROMOTION AND ENHANCEMENT OF THE "BUSINESS IMPROVEMENT DISTRICT" OF THE CITY OF NEW BRUNSWICK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RETAIL PROMOTIONS - THE ORGANIZATION CONDUCTS RETAIL PROMOTIONS TO ATTRACT VISITORS TO THE CENTRAL BUSINESS DISTRICT. PERSONS BENEFITED: UNLIMITED


PARKING


CLEAN STREETS - THE ORGANIZATION PROVIDES FUNDS FOR CLEANING AND BEAUTIFICATION OF THE STREETS WITHIN THE CENTRAL BUSINESS DISTRICT. PERSONS BENEFITED: UNLIMITED


DISTRICT IMPORVEMENTS - CITY MARKET'S DISTRICT IMPROVEMENT PROGRAMS ARE DESIGNED TO EFFECTIVELY MEET THE UNIQUE NEEDS OF THE NEW BRUNSWICK SPECIAL IMPROVEMENT DISTRICT INCLUDING, BUT NOT LIMITED TO, PROVIDING SUPPLEMENTAL CLEANING SERVICES, FOCUS ON QUALITY OF LIFE ISSUES, PHYSICAL IMPROVEMENT PROGRAMS, BUSINESS RESOURCES, FAADE IMPROVEMENT PROGRAMS, SIGNAGE IMPROVEMENT PROGRAMS, AND GRAFFITI REMOVAL - PERSONS BENEFITED - UNLIMITED


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Board, Officers & Key Employees

Name (title)Compensation
Pamela Stefanek
Executive Director
$98,152
Suzanne M Sicora Ludwig
Ex-Officio Member
$0
Michael Drulis
Ex-Officio Member
$0
Daniel Dominguez
Ex-Officio Member
$0
Tracey O'reggio
Interim Ex-Officio Member
$0
Elizabeth Barrood
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$770,672
Investment income $188
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $770,860

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