Central Jersey Community Development Corporation
- Assets
- $70.4k
- Revenue
- $55.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Somerset, NJ
- Founding
- 05/1994
- Data as of
- 12/2021
- EIN
- 22-3213404
Organization Overview
Central Jersey Community Development Corporation is located in Somerset, NJ. The organization was established in 1994. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Jersey Community Development Corporation 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, Central Jersey Community Development Corporation generated $55.6k 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 (17.4%) each year. All expenses for the organization totaled $46.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CENTRAL JERSEY COMMUNITY DEVELOPMENT CORPORATION IS TO REBUILD COMMUNITIES, ONE FAMILY AT A TIME BY IMPROVING THE SOCIAL, EDUCATIONAL, AND ECONOMIC CONDITIONS IN TARGETED AREAS THROUGHOUT THE STATE OF NEW JERSEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY DEVELOPMENT - COORDINATED THE CONCERNS OF BUSINESS AND COMMUNITY LEADERS IN THE TARGET NEIGHBORHOOD BY IDENTIFYING AND PROPOSING REDEVELOPMENT INITIATIVES.
FAMILY RESOURCE CENTER - SERVICES WHICH DIRECT FAMILIES AND YOUTH IN THE RENAISSANCE 2000 COMMUNITY TOWARDS SELF SUFFUCIENCY THROUGH TRAINING, COUNSELING AND EMPLOYMENT ASSISTANCE.
THE ORGANIZATION WAS FORMED TO IMPROVE THE SOCIAL, EDUCATIONAL AND ECONOMIC CONDITIONS IN A TARGETED AREA IN SOMERSET/NEW BRUNSWICK. ITS MISSION IS TO USE HUMAN AND CAPITAL RESOURCES, AND THROUGH PUBLIC AND PRIVATE PARTNERSHIPS ENCHANCE, ENPOWER, BUILD AND REDEVELOP THE COMMUNITY TO PROMOTE SELF SUFFICIENCY AND IMPROVE THE QUALITY OF LIFE FOR THE RESIDENTS OF THE TARGET AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robbin Cates Caldwell Treasurer | OfficerTrustee | 10 | $0 |
Rev Dr Deforest B Soaries Jr Chairman | OfficerTrustee | 10 | $0 |
Earl Roach Vice Chairma | OfficerTrustee | 10 | $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 | $55,633 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,633 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $55,633 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,155 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $629 |
| Office expenses | $1,018 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $683 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,971 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32 |
| Insurance | $2,084 |
| All other expenses | $0 |
| Total functional expenses | $46,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,055 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $43,346 |
| Total assets | $70,401 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $402,349 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $402,349 |
| Net assets without donor restrictions | -$331,948 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $70,401 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Central Jersey Community Development Corporation has recieved totaling $7,000.
| Awarding Organization | Amount |
|---|---|
Greater Kansas City Community Foundation Kansas City, MO PURPOSE: Community Improvement & Capacity Building | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |
The Lehigh Conference Of Churches Allentown, PA | $5,159,637 | $6,852,485 |
Family Life Ministries Inc Bath, NY | $17,860,923 | $9,093,458 |
Revival Today Inc Coraopolis, PA | $3,527,632 | $7,706,926 |
Christian Churches United Of The Tri-County Area Harrisburg, PA | $2,164,616 | $5,131,299 |
Lutheran Social Mission Society Of Philadelphia Philadelphia, PA | $4,708,767 | $5,481,432 |
Urbanpromise Ministries Inc Camden, NJ | $8,769,553 | $6,909,584 |
Broad Street Ministry Philadelphia, PA | $9,567,568 | $4,465,322 |