Civic Intelligence

Bloomfield Center Alliance Inc

EIN 22-3618180 • 501(c)3 • Bloomfield, NJ

Profile

To promote the redevelopment of the bloomfield town center

PO Box 1618Bloomfield, NJ 07003

n/A

Siviq Scores

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

Liabilities / Assets

86th percentile

0.66x

Higher debt load relative to assets than 86% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

83rd percentile

0.24x

Higher debt load relative to revenue than 83% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2024

Net Margin

41st percentile

1.2%

Higher net margin than 41% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$99,864

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

NTEE S30 • <$500k nonprofits • Source year 2024

Asset Growth

44th percentile

-4.2%

Faster asset growth than 44% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

64th percentile

5.9%

Faster revenue growth than 64% of similar nonprofits.

NTEE S30 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$149,586

Down $6,610 (-4.2%) from 2023

Liabilities

Down

$99,147

Down $11,528 (-10%) from 2023

Net Assets

Up

$50,439

Up $4,918 (+11%) from 2023

Revenue

Up

$414,130

Up $23,169 (+5.9%) from 2023

Expenses

Down

$409,212

Down $4,906 (-1.2%) from 2023

Net Income

Up

$4,918

Up $28,075 (+121%) from 2023

Trend Graphs

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $23,094Liabilities 2010: $18,579Net Assets 2010: $4,5152010Assets 2011: $39,924Liabilities 2011: $35,994Net Assets 2011: $3,9302011Assets 2012: $88,611Liabilities 2012: $15,157Net Assets 2012: $73,4542012Assets 2013: $365,338Liabilities 2013: $208,030Net Assets 2013: $157,3082013Assets 2014: $374,753Liabilities 2014: $206,995Net Assets 2014: $167,7582014Assets 2015: $450,508Liabilities 2015: $218,640Net Assets 2015: $231,8682015Assets 2016: $573,860Liabilities 2016: $217,403Net Assets 2016: $356,4572016Assets 2017: $337,029Liabilities 2017: $223,589Net Assets 2017: $113,4402017Assets 2018: $267,592Liabilities 2018: $192,022Net Assets 2018: $75,5702018Assets 2019: $280,635Liabilities 2019: $177,754Net Assets 2019: $102,8812019Assets 2020: $210,623Liabilities 2020: $149,668Net Assets 2020: $60,9552020Assets 2021: $215,013Liabilities 2021: $137,696Net Assets 2021: $77,3172021Assets 2022: $193,506Liabilities 2022: $124,828Net Assets 2022: $68,6782022Assets 2023: $156,196Liabilities 2023: $110,675Net Assets 2023: $45,5212023Assets 2024: $149,586Liabilities 2024: $99,147Net Assets 2024: $50,4392024

Highlighted filing

2024

Assets$149,586
Liabilities$99,147
Net Assets$50,439

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $339,9962010Expenses 2011: $330,1022011Expenses 2012: $353,1932012Revenue 2013: $370,810Expenses 2013: $286,956Net Income 2013: $83,8542013Revenue 2014: $361,795Expenses 2014: $351,345Net Income 2014: $10,4502014Revenue 2015: $402,171Expenses 2015: $338,061Net Income 2015: $64,1102015Revenue 2016: $510,540Expenses 2016: $385,951Net Income 2016: $124,5892016Revenue 2017: $416,748Expenses 2017: $659,765Net Income 2017: -$243,0172017Revenue 2018: $397,151Expenses 2018: $405,021Net Income 2018: -$7,8702018Revenue 2019: $433,353Expenses 2019: $406,042Net Income 2019: $27,3112019Revenue 2020: $486,263Expenses 2020: $456,981Net Income 2020: $29,2822020Revenue 2021: $382,406Expenses 2021: $366,044Net Income 2021: $16,3622021Revenue 2022: $429,396Expenses 2022: $438,035Net Income 2022: -$8,6392022Revenue 2023: $390,961Expenses 2023: $414,118Net Income 2023: -$23,1572023Revenue 2024: $414,130Expenses 2024: $409,212Net Income 2024: $4,9182024

Highlighted filing

2024

Revenue$414,130
Expenses$409,212
Net Income$4,918

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.50$0.99$0.50$4.14$4.09$0.05
2023Detailed filing. Detailed filing data is available for this year.$1.56$1.11$0.46$3.91$4.14$0.23
2022Detailed filing. Detailed filing data is available for this year.$1.94$1.25$0.69$4.29$4.38$0.09
2021Detailed filing. Detailed filing data is available for this year.$2.15$1.38$0.77$3.82$3.66$0.16
2020Detailed filing. Detailed filing data is available for this year.$2.11$1.50$0.61$4.86$4.57$0.29
2019Detailed filing. Detailed filing data is available for this year.$2.81$1.78$1.03$4.33$4.06$0.27
2018Detailed filing. Detailed filing data is available for this year.$2.68$1.92$0.76$3.97$4.05$0.08
2017Detailed filing. Detailed filing data is available for this year.$3.37$2.24$1.13$4.17$6.60$2.43
2016Detailed filing. Detailed filing data is available for this year.$5.74$2.17$3.56$5.11$3.86$1.25
2015Detailed filing. Detailed filing data is available for this year.$4.51$2.19$2.32$4.02$3.38$0.64
2014Detailed filing. Detailed filing data is available for this year.$3.75$2.07$1.68$3.62$3.51$0.10
2013Detailed filing. Detailed filing data is available for this year.$3.65$2.08$1.57$3.71$2.87$0.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.15$0.73$3.53
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.36$0.04$3.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.23$0.19$0.05$3.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jun 12, 2025
Return Version
2024v5.2
Gross Receipts
$414,130
Mission and Program Overview

Mission

To promote the redevelopment of the bloomfield town center

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$107,538$87,624▼ $19,914
Savings and Temporary Cash Investments$46,325$46,352▲ $27
Prepaid Expenses and Deferred Charges$1,033$14,110▲ $13,077
Total Assets$156,196$149,586▼ $6,610
Other Assets Total$1,300$1,500▲ $200
Liabilities
Unsecured Notes Loans Payable$106,667$93,333▼ $13,334
Accounts Payable and Accrued Expenses$4,008$5,814▲ $1,806
Total Liabilities$110,675$99,147▼ $11,528
Net Assets / Fund Balance
Net Assets With Donor Restrictions$46,325$50,439▲ $4,114
Net Assets Without Donor Restrictions$-804--
Total Net Assets Fund Balance$45,521$50,439▲ $4,918
Total Liabilities and Net Assets / Fund Balance$156,196$149,586▼ $6,610
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ollyn J LettmanExec. DirectorFT$99,864$99,864

Board Members and Trustees

NameTitle
Ed MichalskiPresident
Greg BabulaVice President
Anthony MarucciTrustee
Diane SmithTrustee
Mary MurdochTrustee
Melvina BoggsTrustee
Michael KahnTrustee
Neil LevineTrustee
Sara CruzTrustee
Sheila WootenTrustee
Stella KellySecretary
Alfonso CrincoliTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$37,094
Program Service Revenue
$377,008
Investment Income
$28
Other Revenue
$0
All Other Contributions
$27,662
Change in Net Assets
$4,918

Audited Revenue Reconciliation

Revenue per Audited Statements
$414,130
Total Revenue per Audited Statements
$414,130
Total Revenue per Form 990
$414,130
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$253,255
Other Expenses$155,957
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$129,906$0$0$129,906
Current Officers, Directors, Trustees, and Key Employees$0$99,864$0$99,864
Payroll Taxes$15,999$7,486$0$23,485
Occupancy$0$18,000$0$18,000
Fees for Services Accounting$0$15,333$0$15,333
Insurance$0$11,924$0$11,924
Office Expenses$0$8,215$0$8,215
Other Expenses$2,351$0$0$2,351
Total Functional Expenses$248,390$160,822$0$409,212

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$409,212
Total Expenses per Audited Statements$409,212
Total Expenses per Form 990$409,212
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Bloomfield Center Alliance Inc
EIN
22-3618180
Phone
9734298050
Address
PO BOX 1618, BLOOMFIELD, NJ 07003

Signing Officer

Name
Ollyn Lettman
Title
Executive Director
Phone
9734298050
Signed
2025-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Kahn
Formed
1998
Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
5
Volunteers
20

Preparer

Firm
WEINSTEIN & WEINSTEIN CPA'S
Address
1086 TEANECK RD, TEANECK, NJ 07666
Preparer
Steven Weinstein
Phone
2018338666
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Board authorizes pres to review and transmit form 990.

Pt VI, Line 19

Information is available for public upon written request

Pt XI

Established audit committee oversees the audit process.

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IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0129906
IRS990/OtherSalariesAndWagesGrp/TotalAmt0129906
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07486
IRS990/PayrollTaxesGrp/ProgramServicesAmt015999
IRS990/PayrollTaxesGrp/TotalAmt023485
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01033
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014110
IRS990/PrincipalOfficerNm0MICHAEL KAHN
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0TAX ASSESSMENTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0377008
IRS990/ProgramServiceRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/ProgSrvcAccomActy2Grp/Desc0DISTRICT PHYSICAL AMD CAPITAL IMPROVEMENTS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt030153
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0DISTRICT OPERATIONS INCLUDING DOWNTOWN CLEAN TEAM ACTIVITIES
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0118031
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt026723
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt046
IRS990/PYOtherExpensesAmt0145618
IRS990/PYProgramServiceRevenueAmt0364192
IRS990/PYRevenuesLessExpensesAmt0-23157
IRS990/PYSalariesCompEmpBnftPaidAmt0268500
IRS990/PYTotalExpensesAmt0414118
IRS990/PYTotalRevenueAmt0390961
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt04918
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt046325
IRS990/SavingsAndTempCashInvstGrp/EOYAmt046352
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt037094
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt026723
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt071072
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt019479
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014980
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0169348
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt028
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0376
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0276
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt028
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt046
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0376
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0276
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0772
IRS990ScheduleA/InvestmentIncomeCYPct00.00450
IRS990ScheduleA/InvestmentIncomePYPct00.00500
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99550
IRS990ScheduleA/PublicSupportPY509Pct00.99500
IRS990ScheduleA/PublicSupportTotal509Amt0169348
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt037094
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt026723
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt071072
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt019479
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt014980
IRS990ScheduleA/Total509Grp/TotalAmt0169348
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0170120
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesSubtotalAmt0409212
IRS990ScheduleD/RevenueSubtotalAmt0414130
IRS990ScheduleD/TotalExpensesPerForm990Amt0409212
IRS990ScheduleD/TotalRevenuePerForm990Amt0414130
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0414130
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0409212
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD AUTHORIZES PRES TO REVIEW AND TRANSMIT FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INFORMATION IS AVAILABLE FOR PUBLIC UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ESTABLISHED AUDIT COMMITTEE OVERSEES THE AUDIT PROCESS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt XI
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0156196
IRS990/TotalAssetsEOYAmt0149586
IRS990/TotalAssetsGrp/BOYAmt0156196
IRS990/TotalAssetsGrp/EOYAmt0149586
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt037094
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0160822
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0248390
IRS990/TotalFunctionalExpensesGrp/TotalAmt0409212
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0110675
IRS990/TotalLiabilitiesEOYAmt099147
IRS990/TotalLiabilitiesGrp/BOYAmt0110675
IRS990/TotalLiabilitiesGrp/EOYAmt099147
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt045521
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt050439
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0248390
IRS990/TotalProgramServiceRevenueAmt0377008
IRS990/TotalReportableCompFromOrgAmt099864
IRS990/TotalRevenueGrp/ExclusionAmt028
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0377008
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0414130
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0156196
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0149586
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0106667
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt093333
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0POBOX 1618
IRS990/USAddress/CityNm0CLARK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007066
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false

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