Civic Intelligence

The Central Avenue Special Improvement District Management Corp

EIN 22-3253407 • 501(c)4 • Jersey City, NJ

Profile

Promote economy around central avenue in jersey city, nj

366 Central AvenueJersey City, NJ 07307

www.centralave.sid.org

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

61st percentile

0.00x

Higher debt load relative to revenue than 61% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Net Margin

73rd percentile

16%

Higher net margin than 73% of similar nonprofits.

501(c)4 • <$500k nonprofits • Source year 2025

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)4 • <$500k nonprofits • Source year 2025

Asset Growth

90th percentile

45%

Faster asset growth than 90% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

94th percentile

100%

Faster revenue growth than 94% of similar nonprofits.

501(c)4 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Down

$97,917

Down $27,533 (-22%) from 2023

Liabilities

Down

$493

Down $79 (-14%) from 2023

Net Assets

Down

$97,424

Down $27,454 (-22%) from 2023

Revenue

Up

$137,509

Up $20,908 (+18%) from 2023

Expenses

Up

$164,963

Up $6,741 (+4.3%) from 2023

Net Income

Up

-$27,454

Up $14,167 (+34%) from 2023

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2011: $56,108Liabilities 2011: $1,095Net Assets 2011: $55,0132011Assets 2012: $130,954Liabilities 2012: $1,047Net Assets 2012: $129,9072012Assets 2013: $145,047Liabilities 2013: $0Net Assets 2013: $145,0472013Assets 2014: $183,379Liabilities 2014: $0Net Assets 2014: $183,3792014Assets 2015: $198,109Liabilities 2015: $0Net Assets 2015: $198,1092015Assets 2016: $186,105Liabilities 2016: $0Net Assets 2016: $186,1052016Assets 2017: $178,892Liabilities 2017: $0Net Assets 2017: $178,8922017Assets 2018: $186,755Liabilities 2018: $0Net Assets 2018: $186,7552018Assets 2019: $191,281Liabilities 2019: $0Net Assets 2019: $191,2812019Assets 2020: $193,986Liabilities 2020: $1,027Net Assets 2020: $192,9592020Assets 2021: $182,716Liabilities 2021: $932Net Assets 2021: $181,7842021Assets 2022: $167,053Liabilities 2022: $554Net Assets 2022: $166,4992022Assets 2023: $125,450Liabilities 2023: $572Net Assets 2023: $124,8782023Assets 2024: $97,917Liabilities 2024: $493Net Assets 2024: $97,4242024

Highlighted filing

2024

Assets$97,917
Liabilities$493
Net Assets$97,424

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2011: $212,903Expenses 2011: $262,700Net Income 2011: -$49,7972011Revenue 2012: $329,507Expenses 2012: $254,613Net Income 2012: $74,8942012Revenue 2013: $168,392Expenses 2013: $153,252Net Income 2013: $15,1402013Revenue 2014: $133,632Expenses 2014: $95,300Net Income 2014: $38,3322014Revenue 2015: $111,812Expenses 2015: $97,082Net Income 2015: $14,7302015Revenue 2016: $111,901Expenses 2016: $123,905Net Income 2016: -$12,0042016Revenue 2017: $108,027Expenses 2017: $114,727Net Income 2017: -$6,7002017Revenue 2018: $111,668Expenses 2018: $103,805Net Income 2018: $7,8632018Revenue 2019: $127,428Expenses 2019: $122,902Net Income 2019: $4,5262019Revenue 2020: $126,056Expenses 2020: $124,378Net Income 2020: $1,6782020Revenue 2021: $123,063Expenses 2021: $134,238Net Income 2021: -$11,1752021Revenue 2022: $129,449Expenses 2022: $144,734Net Income 2022: -$15,2852022Revenue 2023: $116,601Expenses 2023: $158,222Net Income 2023: -$41,6212023Revenue 2024: $137,509Expenses 2024: $164,963Net Income 2024: -$27,4542024

Highlighted filing

2024

Revenue$137,509
Expenses$164,963
Net Income-$27,454

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.98$0.00$0.97$1.38$1.65$0.27
2023Detailed filing. Detailed filing data is available for this year.$1.25$0.01$1.25$1.17$1.58$0.42
2022Detailed filing. Detailed filing data is available for this year.$1.67$0.01$1.66$1.29$1.45$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.83$0.01$1.82$1.23$1.34$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.94$0.01$1.93$1.26$1.24$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$1.27$1.23$0.05
2018Summary only. Only limited summary data is available for this year.$1.87$0.00$1.87$1.12$1.04$0.08
2017Summary only. Only limited summary data is available for this year.$1.79$0.00$1.79$1.08$1.15$0.07
2016Summary only. Only limited summary data is available for this year.$1.86$0.00$1.86$1.12$1.24$0.12
2015Summary only. Only limited summary data is available for this year.$1.98$0.00$1.98$1.12$0.97$0.15
2014Summary only. Only limited summary data is available for this year.$1.83$0.00$1.83$1.34$0.95$0.38
2013Summary only. Only limited summary data is available for this year.$1.45$0.00$1.45$1.68$1.53$0.15
2012Summary only. Only limited summary data is available for this year.$1.31$0.01$1.30$3.30$2.55$0.75
2011Summary only. Only limited summary data is available for this year.$0.56$0.01$0.55$2.13$2.63$0.50
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 2, 2025
Return Version
2023v6.0
Gross Receipts
$137,509
Mission and Program Overview

Mission

Promote economy around central avenue in jersey city, nj

Program Services

DescriptionGrantsExpenses
DISTRICT PROMOTION AND ENHANCEMENT FOR THE BENEFIT OF THE PROPERTY OWNERS, BUSINESSES, EMPLOYEES, RESIDENTS AND CONSUMERS OF THE CENTRAL AVENUE AREA$0$122,956
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GILBERT MENDEZPresidentPT$0--
JOE NACHBAURVice PresidentPT$0--
MITZI TEJADAVice PresidentPT$0--
SERGIO FERREIRATreasurerPT$0--
GARY SOLOMONSecretaryPT$0--
EDDY GALLOTrusteePT$0--
JOHN GICHURUTrusteePT$0--
Filing and Contact Details

Filer

Filer Name
The Central Avenue Special Improvement District Management Corp
EIN
22-3253407
Phone
2016561366
Address
366 CENTRAL AVENUE, JERSEY CITY, NJ 07307

Signing Officer

Name
Sergio Ferreira
Title
Treasurer
Phone
2016561366
Signed
2025-05-02
Discuss with paid preparer
Yes

Preparer

Firm
Oliwa & Company CPAs
Address
3 Broad Street, Freehold, NJ 07728
Preparer
Robert S Oliwa
Phone
7327805106
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organizations Executive Director reviews the 990 before it is filed.

Pt VI, Line 12C

Board members must obstain from voting on issues when a conflict of interest is involved.

Pt VI, Line 6

All property owners and business owners within that geographic area of the City of Jersey City, located on Central Avenue, between Manhattan Avenue and North Street, shall be members of the Corporation.

Pt VI, Line 7A

The members of the Corporation elect the 7 members of the Board of Trustees.

Pt VI, Line 7B

The members of the Corporation vote to approve the proposed operating budget for the coming year.

Form 990EZ, Part I, Line 16

Advertising and public relations 2122.

Form 990EZ, Part I, Line 16

Banners and holiday lights 17809.

Form 990EZ, Part I, Line 16

OFFICE EXPENSES 1600.

Form 990EZ, Part I, Line 16

INSURANCE 3103.

Form 990EZ, Part I, Line 16

PAYROLL TAXES 5404.

Form 990EZ, Part I, Line 16

Telephone and communications 2265.

Form 990EZ, Part I, Line 16

ART PROGRAM 4700.

Form 990EZ, Part I, Line 16

Office equipment and software 1597.

Form 990EZ, Part I, Line 16

DEPRECIATION 14638.

Form 990EZ, Part I, Line 16

BANK FEES 61.

Form 990EZ, Part I, Line 16

Streetscape fixtures 2841.

Form 990EZ, Part I, Line 16

MISCELLANEOUS 1350.

Raw XML Appendix180 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.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GILBERT MENDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOE NACHBAUR
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SERGIO FERREIRA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4GARY SOLOMON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5EDDY GALLO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOHN GICHURU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
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IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
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IRS990EZ/OtherExpensesTotalAmt057490
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE ECONOMY AROUND CENTRAL AVENUE IN JERSEY CITY, NJ
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IRS990EZ/TotalExpensesAmt0164963
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IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.CentralAve.SID.org
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organizations Executive Director reviews the 990 before it is filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members must obstain from voting on issues when a conflict of interest is involved.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All property owners and business owners within that geographic area of the City of Jersey City, located on Central Avenue, between Manhattan Avenue and North Street, shall be members of the Corporation.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The members of the Corporation elect the 7 members of the Board of Trustees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The members of the Corporation vote to approve the proposed operating budget for the coming year.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ADVERTISING AND PUBLIC RELATIONS 2122.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANNERS AND HOLIDAY LIGHTS 17809.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7OFFICE EXPENSES 1600.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8INSURANCE 3103.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9PAYROLL TAXES 5404.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10TELEPHONE AND COMMUNICATIONS 2265.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ART PROGRAM 4700.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OFFICE EQUIPMENT AND SOFTWARE 1597.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13DEPRECIATION 14638.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BANK FEES 61.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15STREETSCAPE FIXTURES 2841.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16MISCELLANEOUS 1350.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Pt VI, Line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sergio Ferreira
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum02016561366
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE CENTRAL AVENUE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORP
ReturnHeader/Filer/BusinessNameControlTxt0CENT
ReturnHeader/Filer/EIN0223253407
ReturnHeader/Filer/PhoneNum02016561366
ReturnHeader/Filer/USAddress/AddressLine1Txt0366 CENTRAL AVENUE
ReturnHeader/Filer/USAddress/CityNm0JERSEY CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007307
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030498217
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Oliwa & Company CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 Broad Street
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Freehold
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007728
ReturnHeader/PreparerPersonGrp/PhoneNum07327805106
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Robert S Oliwa
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-05-02T07:03:24-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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