Midjersey Center For Economic Development
- Assets
- $2.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 12/2008
- Data as of
- 12/2019
- EIN
- 26-0449187
Organization Overview
Midjersey Center For Economic Development is located in Lawrenceville, NJ. The organization was established in 2008. 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. Midjersey Center For Economic Development 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 12/2019, Midjersey Center For Economic Development generated $104.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (68.8%) each year. All expenses for the organization totaled $4.1k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
ORGANIZATION SUPPORTS AND PROMOTES THE RETENTION, EXPANSION AND ATTRACTION OF BUSINESS ENTITIES IN THE GREATER MERCER COUNTY REGION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Lucchesi Trustee | 1 | $0 | |
Dr Joseph Lamendola Chairman | 1 | $0 | |
Joseph Maruca Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $104 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $104 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,550 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,503 |
| Total expenses | $4,053 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,619 |
| Other assets | $0 |
| Total assets | $2,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,619 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Midjersey Center For Economic Development has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GRANT SUPPORT | $5,000 |