Washington Street Mall Management Company Inc is located in Cape May, NJ. The organization was established in 2009. According to its NTEE Classification (S22) the organization is classified as: Neighborhood & Block Associations, 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. Washington Street Mall Management Company 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 12/2021, Washington Street Mall Management Company Inc generated $140.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $145.6k during the year ending 12/2021. While expenses have increased by 15.7% 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
THE PURPOSE OF THE WASHINGTON STREET MALL MANAGMENT COMPANY, INC. IS AS FOLLOWS: . SERVE THE BUSINESS COMMUNITY THAT ENCOMPASSES THE WASHINGTON STREET MALL BUSINESS IMPROVEMENT DISTRICT ("DISTRICT") . ASSIST THE CITY IN PROMOTING ECONOMIC GROWTH AND EMPLOYMENT WITHIN THE DISTRICT AND PROVIDE ADMINISTRATIVE AND OTHER SERVICES TO BENEFIT THE BUSINESS, EMPLOYEES, RESIDENTS AND CONSUMERS IN THE DISTRICT . PROVIDE WITHIN THE DISTRICT, SEASONAL DECORATIONS, FLOWERS AND OTHER PLANTINGS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carolyn Zebrowski Treasurer | 1 | $0 | |
Cally Crawford Trustee | 1 | $0 | |
Sasha Morjakova Trustee | 1 | $0 | |
Richard Meyer Trustee | 1 | $0 | |
Carl Spatocco Trustee | 1 | $0 | |
Jerry Inderwise City Manager | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $83,500 |
Total Program Service Revenue | $0 |
Membership dues | $56,900 |
Investment income | $4 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $140,404 |
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 | $1,454 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $144,187 |
Total expenses | $145,641 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,583 |
Other assets | $0 |
Total assets | $13,883 |
Total liabilities | $0 |
Net assets or fund balances | $13,883 |
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