Fort Lee District Management Corporation Inc

Organization Overview

Fort Lee District Management Corporation Inc is located in Fort Lee, NJ. The organization was established in 2014. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Lee District Management Corporation 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 12/2021, Fort Lee District Management Corporation Inc generated $686.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $621.7k during the year ending 12/2021. While expenses have increased by 15.1% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE BUSINESS DISTRICT ALLIANCE OF FORT LEE IS A NON-PROFIT ORGANIZATION, IN PARTNERSHIP WITH THE BOROUGH OF FORT LEE, TO REVITALIZE AND PROMOTE THE MAIN STREET SHOPPING CORRIDOR. OUR OBJECTIVE IS TO CREATE AN ENVIRONMENT WHERE PEOPLE WILL SHOP AND LIVE, FOR RETAILERS TO GROW AND THRIVE; BY CREATING A VITAL COMMUNITY EXPERIENCE FOR ALL, VISITORS AND RESIDENTS ALIKE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MARKETING AND PROMOTIONAL ACTIVITIES TO SUPPORT BUSINESS AND STAKEHOLDERS OF THE DISTRICT.


VISUAL AND SAFETY IMPROVEMENTS AND MAINTENANCE.


DISTRICT MAINTENANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Ken Bruno
Director
$0
Councilman Joseph Cervieri
Director
$0
Natalie Chape
Executive Di
$0
Anthony Clores
Director
$0
Anthony Lo Conte
Director
$0
Dennis Glennon
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$682,935
Investment income $3,254
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $686,189

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