Civic Intelligence

Comwealth Economic Development Corporation

EIN 20-1069748 • 501(c)3 • Irvington, NJ

Profile

Facilitate economic development interest in community

PO Box 438Irvington, NJ 07111
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

83rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

NTEE B82 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2017

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2017

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Source year 2017

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$2,234

Down $529 (-19%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Down

$2,234

Down $530 (-19%) from 2016

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$529

Down $3,667 (-87%) from 2016

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth21st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0K$6.0K$4.0K$2.0K$0Assets 2014: $2,349Liabilities 2014: $02014Assets 2015: $6,431Liabilities 2015: $02015Assets 2016: $2,763Liabilities 2016: $0Net Assets 2016: $2,7642016Assets 2017: $2,234Liabilities 2017: $0Net Assets 2017: $2,2342017

Highlighted filing

2017

Assets$2,234
Liabilities$0
Net Assets$2,234
Open 2017 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15K$10K$5.0K$0-$5.0KRevenue 2014: $6,819Expenses 2014: $9,070Net Income 2014: -$2,2512014Revenue 2015: $11,005Expenses 2015: $6,923Net Income 2015: $4,0822015Revenue 2016: $529Expenses 2016: $4,196Net Income 2016: -$3,6672016Expenses 2017: $5292017

Highlighted filing

2017

Revenue-
Expenses$529
Net Income-
Open 2017 Filing

Filings

Most recent year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,234
Liabilities
$0
Net assets
$2,234
Revenue
-
Expenses
$529
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$0.53
2016Detailed filing. Detailed filing data is available for this year.$2.76$0.00$2.76$0.53$4.20$3.67
2015Summary only. Only limited summary data is available for this year.$6.43$0.00$11.0$6.92$4.08
2014Summary only. Only limited summary data is available for this year.$2.35$0.00$6.82$9.07$2.25
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Mission and Program Overview

Mission

Facilitate economic development interest in community

Faciitate economic development interest in community

Program Services

DescriptionGrantsExpenses
None--
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
NAILAH SHARIEFVice President-$0--
WAHY-UD DEEN SHAREEFExecutive DirectorPT$0--
LATIFAH R MUHAMMADSecretary-$0--
DERRICK MILLERTreasurer-$0--
ASIM NASHIDBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Comwealth Economic Development Corporation
EIN
20-1069748
In Care Of
% Wahy-ud Deen Shareef
Phone
9733742059
Address
PO Box 438, Irvington, NJ 07111

Signing Officer

Name
Wahy-ud Deen Shareef
Title
Executive Director
Phone
9734186898
Signed
2018-05-15
Discuss with paid preparer
No

Preparer

Firm
New Essence Enterprises LLC
Address
PO Box 520, Rancocas, NJ 08073
Preparer
Bahiya Hafeez-muhammad
Phone
3475392256
Supplemental Narrative

Additional Explanations

Part I Line 16

“Bank fees $219.00”

Raw XML Appendix144 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DERRICK MILLER
IRS990EZ/BooksInCareOfDetail/PhoneNum09737157048
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031 Webster Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Irvington
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007111
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02763
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt02234
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-529
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0310
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02763
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02234
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02763
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02234
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02763
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02234
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt04
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt24
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt34
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt42
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0NAILAH SHARIEF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WAHY-UD DEEN SHAREEF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2LATIFAH R MUHAMMAD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DERRICK MILLER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ASIM NASHID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0219
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PrimaryExemptPurposeTxt0Faciitate economic development interest in community
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0None
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0529
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0529
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0250
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0779
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus2YearsAmt011005
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt06569
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt013545
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt031119
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt031898
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0529
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011005
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt013545
IRS990ScheduleA/Total509Grp/TotalAmt031898
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0529
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt011005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt013545
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt031898
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Bank fees $219.00
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I Line 16
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0WAHY-UD DEEN SHAREEF
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09734186898
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Comwealth Economic Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0COMW
ReturnHeader/Filer/EIN0201069748
ReturnHeader/Filer/InCareOfNm0% Wahy-ud Deen Shareef
ReturnHeader/Filer/PhoneNum09733742059
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 438
ReturnHeader/Filer/USAddress/CityNm0Irvington
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007111
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0EF88C7C74AB462461B6D77146B9E019CA8D9C0FE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0897D7DFDA02BA5791B8EB8A0F5D47D897E5F6DA3
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId020645320181354497030
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-05-15
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.71.77.14
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201705017
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0New Essence Enterprises LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 520
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Rancocas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008073
ReturnHeader/PreparerPersonGrp/PhoneNum03475392256
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BAHIYA HAFEEZ-MUHAMMAD
ReturnHeader/ReturnTs02018-05-15T16:48:00-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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