Red Bank Business Alliance
- Assets
- $23.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Red Bank, NJ
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 82-1805380
Organization Overview
Red Bank Business Alliance is located in Red Bank, NJ. The organization was established in 2019. 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. Red Bank 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, Red Bank Business Alliance generated $14.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $8.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.0%) per year over the past 4 years. 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
KEEPING LOCAL BUSINESSES TOGETHER WITH EVENTS, FUNDRAISERS, AND CHARITIES
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sagar Shah President | 0 | $0 | |
Wendy Ann Jones Vice President | 0 | $0 | |
Debbie Eisenstein Secretary | 0 | $0 | |
Louis Andrianos Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,780 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $14,780 |
| 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 | $1,954 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $347 |
| Other expenses | $6,578 |
| Total expenses | $8,879 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,779 |
| Other assets | $0 |
| Total assets | $23,779 |
| Total liabilities | $0 |
| Net assets or fund balances | $23,779 |
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