Belmar Business Partnership
- Assets
- $59.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Belmar, NJ
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 27-2618849
Organization Overview
Belmar Business Partnership is located in Belmar, NJ. The organization was established in 2012. 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. Belmar Business Partnership 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, Belmar Business Partnership generated $159.0 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 (61.2%) each year. All expenses for the organization totaled $17.4k during the year ending 12/2021. 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
INITATIVES TO PROMOTE BELMAR'S CENTRAL BUSINESS DISTRICT AS A YEAR-ROUND SHOPPING AND DINING DESTINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Hayes President | 2 | $0 | |
Gail O'reilly Treasurer | 1 | $0 | |
Christine Cardellino Secretary | 1 | $0 | |
Kevin Jacobs Board Member | 1 | $0 | |
Greg Kapalko Board Member | 1 | $0 | |
Antoinette Raucci Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $159 |
| Total Revenue | $159 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,235 |
| Professional fees and other payments to independent contractors | $844 |
| Occupancy, rent, utilities, and maintenance | $1,459 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,905 |
| Total expenses | $17,443 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,569 |
| Other assets | $0 |
| Total assets | $59,569 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,569 |
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