Basking Ridge Business Alliance
- Assets
- $8.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Basking Ridge, NJ
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5616640
Organization Overview
Basking Ridge Business Alliance is located in Basking Ridge, NJ. The organization was established in 2014. 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. Basking Ridge Business Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Basking Ridge Business Alliance generated $14.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $10.9k during the year ending 12/2021. While expenses have increased by 9.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED BUSINESS ASSISSTANCE TO LOCAL ESTABLISHMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Mccloskey President | 5 | $0 | |
Jim Foti VP | 5 | $0 | |
Paul Dodendorf Secretary | 5 | $0 | |
Bill Youngblood Treasurer | 5 | $0 | |
Bobbie Peer Membership | 1 | $0 | |
Steve Cohen Communications | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $8,334 |
| Membership dues | $4,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,534 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $10,945 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $10,945 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,556 |
| Other assets | $0 |
| Total assets | $8,556 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,556 |
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