Keyport Bid Inc
- Assets
- $67.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Keyport, NJ
- Founding
- 06/2013
- Data as of
- 12/2019
- EIN
- 45-4131049
Organization Overview
Keyport Bid Inc is located in Keyport, NJ. The organization was established in 2013. According to its NTEE Classification (S30) the organization is classified as: Economic 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. Keyport Bid Inc 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, Keyport Bid Inc generated $194.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $182.1k during the year ending 12/2019. While expenses have increased by 2.7% per year over the past 5 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 |
|---|---|---|---|
Jack Straub President To 9/2019 | 25 | $0 | |
Lorraine Devizia President Effective 9/2019 | 2 | $0 | |
George Mcmorrow V. Pres Effective 9/2019 | 2 | $0 | |
Paul Mckeefrey Secretary | 2 | $0 | |
Larry Vecchio Treasurer | 2 | $0 | |
Kenny Lawlor Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,400 |
| Total Program Service Revenue | $17,753 |
| Membership dues | $171,500 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $194,653 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,000 |
| Professional fees and other payments to independent contractors | $9,588 |
| Occupancy, rent, utilities, and maintenance | $2,482 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $156,073 |
| Total expenses | $182,143 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,458 |
| Other assets | $0 |
| Total assets | $67,458 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,458 |
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Insitech Inc Warren, NJ | $450,270 | $14,466,949 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |
Riverfront Development Corporation Of Delaware Wilmington, DE | $140,150,021 | $1,670,893 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
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Choose New Jersey Inc Newark, NJ | $7,145,867 | $9,053,939 |