Fund For A Better Waterfront Inc
- Assets
- $78.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoboken, NJ
- Founding
- 03/1992
- Data as of
- 12/2021
- EIN
- 22-3114546
Organization Overview
Fund For A Better Waterfront Inc is located in Hoboken, NJ. The organization was established in 1992. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Fund For A Better Waterfront 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, Fund For A Better Waterfront Inc generated $115.1k 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 $93.7k during the year ending 12/2021. While expenses have increased by 5.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SECURING A PUBLIC WATERFRONT: FBW HAS ENGAGED IN ADVOCACY TO SECURE A FORMER BARGE REPAIR FACILITY FOR A PUBLIC PARK THUS HELPING TO COMPLETE A CONTIGUOUS PARK ALONG THE WATER'S EDGE FOR MOST OF HOBOKEN'S WATERFRONT. THE SUCCESS OF THIS PROJECT WOULD BENEFIT THOUSANDS OF PEOPLE WHO WOULD USE THE SPACDE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ron Hine Executive Director | 40 | $35,000 | |
Heather Gibbons Program Director | 15 | $27,000 | |
Kathryn Valenta Chair | 15 | $0 | |
David White Vice Chair | 2 | $0 | |
Carrow Thibault Secretary | 2 | $0 | |
Nicholas Borg Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $83,892 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,163 |
| Other Revenue | $0 |
| Total Revenue | $115,055 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,550 |
| Professional fees and other payments to independent contractors | $12,721 |
| Occupancy, rent, utilities, and maintenance | $9,528 |
| Printing, publications, postage, and shipping | $3,278 |
| Other expenses | $5,662 |
| Total expenses | $93,739 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,373 |
| Other assets | $0 |
| Total assets | $78,373 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,373 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fund For A Better Waterfront Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
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|---|---|---|
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
Berks Community Action Program Inc Reading, PA | $2,377,966 | $7,401,234 |
Juvenile Justice Center Of Phila Philadelphia, PA | $3,150,884 | $6,364,511 |
Excavators 731 Property Corp Astoria, NY | $23,888,581 | $2,129,993 |
Addie Mae Collins Community Services New York, NY | $1,021,619 | $2,927,389 |
International Brotherhood Of Painters And Allied Trades Philadelphia, PA | $3,917,796 | $1,653,938 |
Building Trades Employers Assn Of The City Of New York New York, NY | $1,952,232 | $1,860,665 |
Schoharie Community Action Program Corp Cobleskill, NY | $470,662 | $1,980,674 |
Neighborhood Risk Management Corporation New York, NY | $0 | $124 |
New York Yacht Club Foundation New York, NY | $7,452,736 | $2,907,752 |
Neighborhood Housing Services Of Queens Cdc Inc Woodside, NY | $636,686 | $1,308,320 |
United Association Of Journeymen & Apprentices Of The Plumbing & Pipe Glens Falls, NY | $1,602,075 | $1,685,555 |