Civic Intelligence

Linden Economic Development Corporation

EIN 22-2701639 • 501(c)3 • Linden, NJ

Profile

Promote, encourage and assist economic development in the City of Linden, New Jersey

301 North Wood AvenueLinden, NJ 07036

linden-nj.gov/directory/linden-economic-development-corporation-ledc

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

69th percentile

14%

Higher net margin than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

98th percentile

$55,000

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 43.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

74th percentile

17%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

54th percentile

1.9%

Faster revenue growth than 54% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$127,415

Up $18,199 (+17%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$127,415

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin69th percentile

Revenue

Up

$127,384

Up $2,336 (+1.9%) from 2023

Expenses

Up

$109,185

Up $12,140 (+13%) from 2023

Net Income

Down

$18,199

Down $9,804 (-35%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

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

$150K$100K$50K$0Assets 2011: $36,061Liabilities 2011: $02011Assets 2012: $44,705Liabilities 2012: $02012Assets 2013: $27,650Liabilities 2013: $02013Assets 2014: $10,188Liabilities 2014: $02014Assets 2015: $27,985Liabilities 2015: $02015Assets 2016: $49,915Liabilities 2016: $02016Assets 2017: $75,243Liabilities 2017: $02017Assets 2018: $72,986Liabilities 2018: $02018Assets 2020: $81,019Liabilities 2020: $2,400Net Assets 2020: $78,6192020Assets 2021: $75,741Liabilities 2021: $5,863Net Assets 2021: $69,8782021Assets 2022: $81,213Net Assets 2022: $81,2132022Assets 2023: $109,216Liabilities 2023: $02023Assets 2024: $127,415Net Assets 2024: $127,4152024

Highlighted filing

2024

Assets$127,415
Liabilities-
Net Assets$127,415
Open 2024 Filing

Operations Trend

Revenue Growth54th percentile

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

$150K$100K$50K$0-$50KRevenue 2011: $65,051Expenses 2011: $57,188Net Income 2011: $7,8632011Revenue 2012: $65,052Expenses 2012: $56,408Net Income 2012: $8,6442012Revenue 2013: $35,028Expenses 2013: $52,083Net Income 2013: -$17,0552013Revenue 2014: $14Expenses 2014: $17,476Net Income 2014: -$17,4622014Revenue 2015: $35,030Expenses 2015: $17,233Net Income 2015: $17,7972015Revenue 2016: $50,017Expenses 2016: $28,087Net Income 2016: $21,9302016Revenue 2017: $58,976Expenses 2017: $33,648Net Income 2017: $25,3282017Revenue 2018: $55,182Expenses 2018: $57,439Net Income 2018: -$2,2572018Revenue 2020: $70,038Expenses 2020: $58,426Net Income 2020: $11,6122020Revenue 2021: $75,031Expenses 2021: $83,772Net Income 2021: -$8,7412021Revenue 2022: $85,039Expenses 2022: $73,704Net Income 2022: $11,3352022Revenue 2023: $125,048Expenses 2023: $97,045Net Income 2023: $28,0032023Revenue 2024: $127,384Expenses 2024: $109,185Net Income 2024: $18,1992024

Highlighted filing

2024

Revenue$127,384
Expenses$109,185
Net Income$18,199
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$127,415
Liabilities
-
Net assets
$127,415
Revenue
$127,384
Expenses
$109,185
Net income
$18,199
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.27$1.27$1.27$1.09$0.18
2023Summary only. Only limited summary data is available for this year.$1.09$0.00$1.25$0.97$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.81$0.81$0.85$0.74$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.06$0.70$0.75$0.84$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.81$0.02$0.79$0.70$0.58$0.12
2018Summary only. Only limited summary data is available for this year.$0.73$0.00$0.55$0.57$0.02
2017Summary only. Only limited summary data is available for this year.$0.75$0.00$0.59$0.34$0.25
2016Summary only. Only limited summary data is available for this year.$0.50$0.00$0.50$0.28$0.22
2015Summary only. Only limited summary data is available for this year.$0.28$0.00$0.35$0.17$0.18
2014Summary only. Only limited summary data is available for this year.$0.10$0.00$0.00$0.17$0.17
2013Summary only. Only limited summary data is available for this year.$0.28$0.00$0.35$0.52$0.17
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.65$0.56$0.09
2011Summary only. Only limited summary data is available for this year.$0.36$0.00$0.65$0.57$0.08
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 3, 2025
Return Version
2024v5.1
Gross Receipts
$127,384
Mission and Program Overview

Mission

Promote, encourage and assist economic development in the City of Linden, New Jersey

Program Services

DescriptionGrantsExpenses
Promote, encourage and assist economic developmentin the City of Linden, New Jersey.$0$109,185
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Alex LospinosoDirectorPT$55,000-$55,000
Miguel HernandezBoard Member-$0--
Frank HetemBoard Member-$0--
Felipe CabezasBoard Member-$0--
Joshua WeissBoard Member-$0--
Lymari CintronBoard Member-$0--
Thomas GasslerBoard Member-$0--
William MackBoard Member-$0--
Lisa BarraBoard Member-$0--
Kathy BurkeBoard Member-$0--
Amanda FiorlettiBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Linden Economic Development Corporation
EIN
22-2701639
Phone
9084748405
Address
301 North Wood Avenue, Linden, NJ 07036

Signing Officer

Name
Alex Lospinoso
Title
Director
Phone
9084748405
Signed
2025-06-03
Discuss with paid preparer
Yes

Preparer

Firm
Suplee Clooney and Company
Address
308 E Broad St, Westfield, NJ 07090
Preparer
Robert J Butvilla
Phone
9087899300
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Payroll Taxes 10836.”

Form 990EZ, Part I, Line 16

“Office Expenses 7569.”

Form 990EZ, Part I, Line 16

“Sponsorships and Awards 100.”

Raw XML Appendix208 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Linden
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt100
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Alex Lospinoso
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Miguel Hernandez
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Frank Hetem
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Joshua Weiss
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Board Member
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Board Member
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Board Member
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10Board member
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt018505
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Promote, encourage and assist economic development in the City of Linden, New Jersey
IRS990EZ/ProgramServiceRevenueAmt0125000
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/SalariesOtherCompEmplBnftAmt077500
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0109185
IRS990EZ/TotalProgramServiceExpensesAmt0109185
IRS990EZ/TotalRevenueAmt0127384
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://linden-nj.gov/directory/linden-economic-development-corporation-ledc/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0125000
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IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleA/PublicSupportCY170Pct00.99470
IRS990ScheduleA/PublicSupportCY509Pct00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Payroll Taxes 10836.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses 7569.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Sponsorships and Awards 100.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Alex Lospinoso
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09084748405
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-06-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Linden Economic Development Corporation
ReturnHeader/Filer/BusinessNameControlTxt0LIND
ReturnHeader/Filer/EIN0222701639
ReturnHeader/Filer/PhoneNum09084748405
ReturnHeader/Filer/USAddress/AddressLine1Txt0301 North Wood Avenue
ReturnHeader/Filer/USAddress/CityNm0Linden
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007036
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0221427684
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Suplee Clooney and Company
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0308 E Broad St
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Westfield
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007090
ReturnHeader/PreparerPersonGrp/PhoneNum09087899300
ReturnHeader/PreparerPersonGrp/PreparationDt02025-06-03
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT J BUTVILLA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-06-03T08:51:06-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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