Cranford Business Association Inc
- Assets
- $2.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cranford, NJ
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 22-3801992
Organization Overview
Cranford Business Association Inc is located in Cranford, NJ. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, 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. Cranford Business Association Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Cranford Business Association Inc generated $76.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $76.3k during the year ending 12/2022. While expenses have increased by 2.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andis Kalnins President | 1 | $0 | |
James Boyle Vice President | 1 | $0 | |
Michael Flynn Treasurer | 1 | $0 | |
Victor Liu Secretary | 1 | $0 | |
Gina Tipton Executive Director | 20 | $23,000 | |
Lindsay Pristas Executive Director | 5 | $3,320 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $55,477 |
| Membership dues | $21,231 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $76,708 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,320 |
| Professional fees and other payments to independent contractors | $1,083 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $48,935 |
| Total expenses | $76,338 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,833 |
| Other assets | $0 |
| Total assets | $2,833 |
| Total liabilities | $1,769 |
| Net assets or fund balances | $1,064 |