Glen Rock Central Business District Commission Inc

Organization Overview

Glen Rock Central Business District Commission Inc is located in Glen Rock, NJ. The organization was established in 1998. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood 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. Glen Rock Central Business District Commission Inc 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 12/2023, Glen Rock Central Business District Commission Inc generated $30.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $25.8k during the year ending 12/2023. 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

TO MAINTAIN THE DOWNTOWN BUSINESS DISTRICT OF THE BOROUGH OF GLEN ROCK. FUNDS COLLECTED WILL GO TOWARD THE COST OF MAINTENANCE AND UPKEEP OF THE DOWNTOWN AREA. ADDITIONALLY, THE ORGANIZATION AIMS TO PROMOTE AND SUPPORT LOCAL HIGH SCHOOL FUNDRAISERS WHOSE GOAL IS TO PROVIDE A THEMED CHAPERONED CELEBRATION FOR GRADUATING HIGH SCHOOL SENIORS IN GLEN ROCK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURRING THE CURRENT YEAR, THE ACTIVITIES OF THE ORGANZATION INCLUDED MAINTAINING THE CENTRAL BUSINESS DISTRICT AND A FOUR DAY FAMILY CARNIVAL.


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Board, Officers & Key Employees

Name (title)Compensation
Pam Wolak
President
$0
Joanne Perry
Secretary
$0
Lenora Benjamin
Vice President
$0
Nancy Catanese
Treasurer
$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$0
Investment income $67
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $30,675
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,742

Grants Awarded

Over the last fiscal year, Glen Rock Central Business District Commission Inc has awarded $17,180 in support to 2 organizations.

Grant RecipientAmount

BOROUGH OF GLEN ROCK

PURPOSE: DONATION OF NEW PICNIC TABLES

$5,489

GLEN ROCK HSMS HSA

PURPOSE: 2024 GRHS GRAD BALL

$11,691
View Grant Profile

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