Civic Intelligence

Newark Community Economic Development Corp

990 • Fiscal year 2016 • EIN 26-0829057

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

Organization ProfileWWW.NEWARKCEDC.ORG

View Organization Page

11 Mulberry Street Suite 1Newark, NJ 07102

(973) 273-1040

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

92nd percentile

0.97x

Higher debt load relative to assets than 92% of similar nonprofits.

2016 filings • NTEE S • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

85th percentile

1.53x

Higher debt load relative to revenue than 85% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Net Margin

26th percentile

-11%

Higher net margin than 26% of similar nonprofits.

2016 filings • NTEE S • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$118,461

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2016

Asset Growth

48th percentile

1.0%

Faster asset growth than 48% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

32nd percentile

-3.4%

Faster revenue growth than 32% of similar nonprofits.

2016 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets92nd percentile

Assets

Up

$5,047,118

Up $48,541 (+1.0%) from 2015

Net Assets

Down

$140,696

Down $348,284 (-71%) from 2015

Liabilities

Up

$4,906,422

Up $396,825 (+8.8%) from 2015

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin26th percentile

Revenue

Down

$3,203,539

Down $111,133 (-3.4%) from 2015

Expenses

Down

$3,551,823

Down $173,393 (-4.7%) from 2015

Net Income

Up

-$348,284

Up $62,260 (+15%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth48th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $6,165,515Liabilities 2010: $5,652,035Net Assets 2010: $513,4802010Assets 2011: $8,928,048Liabilities 2011: $7,887,036Net Assets 2011: $1,041,0122011Assets 2012: $10,130,501Liabilities 2012: $8,960,465Net Assets 2012: $1,170,0362012Assets 2013: $8,813,656Liabilities 2013: $7,838,143Net Assets 2013: $975,5132013Assets 2014: $6,589,914Liabilities 2014: $5,690,393Net Assets 2014: $899,5212014Assets 2015: $4,998,577Liabilities 2015: $4,509,597Net Assets 2015: $488,9802015Assets 2016: $5,047,118Liabilities 2016: $4,906,422Net Assets 2016: $140,6962016Assets 2017: $2,001,564Liabilities 2017: $1,845,110Net Assets 2017: $156,4542017Assets 2019: $6,162,452Liabilities 2019: $4,451,889Net Assets 2019: $1,710,5632019Assets 2020: $10,801,729Liabilities 2020: $7,085,181Net Assets 2020: $3,716,5482020Assets 2021: $20,429,385Liabilities 2021: $8,539,995Net Assets 2021: $11,889,3902021Assets 2022: $20,248,135Liabilities 2022: $5,703,111Net Assets 2022: $14,545,0242022Assets 2023: $29,952,166Liabilities 2023: $6,588,979Net Assets 2023: $23,363,1872023Assets 2024: $35,240,519Liabilities 2024: $10,315,994Net Assets 2024: $24,924,5252024

Highlighted filing

2016

Assets$5,047,118
Liabilities$4,906,422
Net Assets$140,696
Open 2016 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $4,105,1162010Expenses 2011: $3,980,5292011Expenses 2012: $4,578,1452012Revenue 2013: $4,603,172Expenses 2013: $4,797,695Net Income 2013: -$194,5232013Revenue 2014: $2,887,494Expenses 2014: $2,963,484Net Income 2014: -$75,9902014Revenue 2015: $3,314,672Expenses 2015: $3,725,216Net Income 2015: -$410,5442015Revenue 2016: $3,203,539Expenses 2016: $3,551,823Net Income 2016: -$348,2842016Revenue 2017: $2,825,029Expenses 2017: $2,809,271Net Income 2017: $15,7582017Revenue 2019: $3,096,821Expenses 2019: $2,510,322Net Income 2019: $586,4992019Revenue 2020: $4,740,585Expenses 2020: $2,734,600Net Income 2020: $2,005,9852020Revenue 2021: $11,755,184Expenses 2021: $3,582,343Net Income 2021: $8,172,8412021Revenue 2022: $6,698,200Expenses 2022: $4,042,566Net Income 2022: $2,655,6342022Revenue 2023: $16,457,196Expenses 2023: $6,614,033Net Income 2023: $9,843,1632023Revenue 2024: $10,293,671Expenses 2024: $8,732,333Net Income 2024: $1,561,3382024

Highlighted filing

2016

Revenue$3,203,539
Expenses$3,551,823
Net Income-$348,284
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$3,203,539
Mission and Program Overview

Mission

Ncedc's mission is to retain and grow businesses, enhance small and minority business capacity, initiate and execute economic development activities, produce and sustain economic growth.

See schedule oto retain and grow businesses, enhance small and minority business capacity; initiate and execute economic development activities to produce and sustain economic growth.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$586,902$343,365▼ $243,537
Accounts Receivable$236,830$0▼ $236,830
Other Notes and Loans Receivable, Net$170,770$167,669▼ $3,101
Land, Buildings, and Equipment, Net$191,512$144,001▼ $47,511
Cash and Non-Interest-Bearing Accounts$236,385$73,870▼ $162,515
Prepaid Expenses and Deferred Charges$17,059$64,377▲ $47,318
Total Assets$4,998,577$5,047,118▲ $48,541
Other Assets Total$3,559,119$4,253,836▲ $694,717
Liabilities
Other Liabilities$4,386,115$4,725,845▲ $339,730
Accounts Payable and Accrued Expenses$123,482$180,577▲ $57,095
Total Liabilities$4,509,597$4,906,422▲ $396,825
Net Assets / Fund Balance
Unrestricted Net Assets$488,980$140,696▼ $348,284
Total Net Assets Fund Balance$488,980$140,696▼ $348,284
Total Liabilities and Net Assets / Fund Balance$4,998,577$5,047,118▲ $48,541

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$28,839$328,586$357,425
Leasehold Improvements$115,162$80,250$195,412
Other Assets Org$4,253,836--
Compensation and Service Providers
Top Officer Pay49th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Aisha GloverPresidentFT$118,461$118,461

Board Members and Trustees

NameTitle
Juliana BlackburnChairperson
Al-tariq ShabazzBoard Member
Cedric BennettBoard Member
Celeste BatemanBoard Member
Delores MetzBoard Member
Joel FreiserBoard Member
John Sharpe JamesBoard Member
Joseph MccallumBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$3,198,474
Investment Income
$5,065
Other Revenue
$0
Change in Net Assets
$-348,284

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,203,539
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$3,203,539
Total Revenue per Form 990
$3,203,539
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,819,230
Other Expenses$732,593
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,040,160$321,952-$2,362,112
Other Employee Benefits$204,621$41,910-$246,531
Payroll Taxes$174,787$35,800-$210,587
Advertising$141,735--$141,735
Office Expenses$63,749$13,057-$76,806
Fees for Services Legal$52,988$10,853-$63,841
Depreciation Depletion$48,341$9,901-$58,242
All Other Expenses$47,014$10,330-$57,344
Information Technology$29,408$6,023-$35,431
Fees for Services Accounting$22,640$4,653-$27,293
Other Expenses$25,568$12,986-$25,568
Insurance$21,007$4,303-$25,310
Occupancy$15,001$3,073-$18,074
Total Functional Expenses$3,061,884$489,939$0$3,551,823

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,551,823
Total Expenses per Audited Statements$3,551,823
Total Expenses per Form 990$3,551,823
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liability for Funds Held in Trust$4,253,836
Contract Advances - City of Newark$472,009
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

“YES”

Form 990, Part VI, Section A, Line 8B

“YES”

Form 990, Part VI, Section B, Line 11B

“Copies of form 990 are distributed to the board for review.”

Form 990, Part VI, Section B, Line 12C

“A review of any possible infractions of the conflict of interest policy hasbeen inserted into the agenda of each board meeting held.”

Form 990, Part VI, Section B, Line 15

“YES”

Form 990, Part VI, Section C, Line 18

“Document are made available to the public upon request.”

Form 990, Part VI, Section C, Line 19

“UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Newark Community Economic Development
EIN
26-0829057
Phone
9732731040
Address
11 MULBERRY STREET SUITE 1, NEWARK, NJ 07102

Signing Officer

Name
Aisha Glover
Title
President
Phone
9732731040
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aisha Glover - Pres
Formed
2007
Legal Domicile
Nj
Voting Board Members
9
Independent Board Members
8
Employees
58
Volunteers
11

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
293 EISENHOWER PARKWAY SUITE 270, LIVINGSTON, NJ 07039
Preparer
Francis Mcenenery
Phone
9735352880
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

“The organization recognizes the effect of income tax provisions only if those positions are more likely than not to be sustained. Management has determined that the organization had no uncertain tax positions that would require financial statement recognitioin or disclosure. The organization is no longer subject to examination by the applicable taxing authorirty for periods prior to december 31, 2013.”

Raw XML AppendixShowing 400 of 421 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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IRS990/PayrollTaxesGrp/TotalAmt0210587
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017059
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt064377
IRS990/PrincipalOfficerNm0AISHA GLOVER - PRES
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/Desc0FEES - CITY OF NEWARK
IRS990/ProgramServiceRevenueGrp/Desc1FEES & REIMBURSEMENTS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02751663
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1446811
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02751663
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1446811
IRS990/ProgSrvcAccomActy2Grp/Desc0COMMERCIAL REVITALIZATION AND BUSINESS ATTRACTIONS -
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01480578
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01330570
IRS990/ProgSrvcAccomActy3Grp/Desc0CONVENTION AND VISITORS BUSINESS BUREAU - CEDC CONTINUES TO SPONSOR VARIOUS PROGRAMS IN CONJUNTION WITH THE GREATER CONVENTION & VISITORS BUREAU, THESE PROGRAMS INCLUDE WORKING WITH NEWARK-BASED HOTELS TO ATTRACT AND IMPROVE TOURISM, EVENTS, PROFESSIONAL MEETINGS AND ATTRACTIONS IN NEWARK IN COLLABORATION WITH THE STATE DIVISION OF TOURISM. CEDC FORMED THE NEWARK OFFICE OF FILM AND TELEVISION (NOFT) TO INCREASE FILM AND TV REVENUE SPENT IN NEWARK, DEVELOP INFRASTRUCTURE TO DEEPEN THE INDUSTRY'S PRESENCE IN THE CITY AND ESTABLISH EDUCATIONAL OPPORTUNITIES IN THE INDUSTRY FOR NEWARK'S YOUNG PEOPLE. CVB COLLABORATED WITH VARIOUS OTHER AGENCIES TO HOST MEDIA DAY IN NEWARK FOR THE 2014 NATIONAL FOOTBALL LEAGUE (NFL) SUPER BOWL IN NEW JERSEY.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0799966
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0718915
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0550
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt02558
IRS990/PYOtherExpensesAmt01234329
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt03311564
IRS990/PYRevenuesLessExpensesAmt0-410544
IRS990/PYSalariesCompEmpBnftPaidAmt02490887
IRS990/PYTotalExpensesAmt03725216
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03314672
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-348284
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0702177
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0586902
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0343365
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0500
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05065
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02558
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07623
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.06160
IRS990ScheduleA/PublicSupportTotal170Amt0500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0500
IRS990ScheduleA/TotalSupportAmt08123
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt028839
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0328586
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0357425
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt03551823
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0115162
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt080250
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0195412
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt04253836
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0FUNDS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04253836
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1472009
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LIABILITY FOR FUNDS HELD IN TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CONTRACT ADVANCES - CITY OF NEWARK
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt03203539
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX PROVISIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITIOIN OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATION BY THE APPLICABLE TAXING AUTHORIRTY FOR PERIODS PRIOR TO DECEMBER 31, 2013.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0144001
IRS990ScheduleD/TotalBookValueOtherAssetsAmt04253836
IRS990ScheduleD/TotalExpensesPerForm990Amt03551823
IRS990ScheduleD/TotalLiabilityAmt04725845
IRS990ScheduleD/TotalRevenuePerForm990Amt03203539
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03203539
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt03551823
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COPIES OF FORM 990 ARE DISTRIBUTED TO THE BOARD FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A REVIEW OF ANY POSSIBLE INFRACTIONS OF THE CONFLICT OF INTEREST POLICY HASBEEN INSERTED INTO THE AGENDA OF EACH BOARD MEETING HELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4YES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENT ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04998577
IRS990/TotalAssetsEOYAmt05047118
IRS990/TotalAssetsGrp/BOYAmt04998577
IRS990/TotalAssetsGrp/EOYAmt05047118
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt058
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0489939
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt03061884
IRS990/TotalFunctionalExpensesGrp/TotalAmt03551823
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt04509597
IRS990/TotalLiabilitiesEOYAmt04906422
IRS990/TotalLiabilitiesGrp/BOYAmt04509597
IRS990/TotalLiabilitiesGrp/EOYAmt04906422
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0488980
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0140696
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt03061884
IRS990/TotalProgramServiceRevenueAmt03198474
IRS990/TotalReportableCompFromOrgAmt0118461
IRS990/TotalRevenueGrp/ExclusionAmt05065
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03198474
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03203539
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt011
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04998577
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05047118
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0488980
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0140696
IRS990/USAddress/AddressLine1Txt011 MULBERRY ST
IRS990/USAddress/CityNm0NEWARK
IRS990/USAddress/StateAbbreviationCd0NJ
IRS990/USAddress/ZIPCd007102
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0WWW.NEWARKCEDC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0AISHA GLOVER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09732731040
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEWARK COMMUNITY ECONOMIC DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORP
ReturnHeader/Filer/BusinessNameControlTxt0NEWA
ReturnHeader/Filer/EIN0260829057
ReturnHeader/Filer/PhoneNum09732731040
ReturnHeader/Filer/USAddress/AddressLine1Txt011 MULBERRY STREET SUITE 1
ReturnHeader/Filer/USAddress/CityNm0NEWARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007102

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,047,118
Liabilities
$4,906,422
Net assets
$140,696
Revenue
$3,203,539
Expenses
$3,551,823
Net income
-$348,284
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.2$10.3$24.9$10.3$8.73$1.56
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$30.0$6.59$23.4$16.5$6.61$9.84
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$5.70$14.5$6.70$4.04$2.66
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$20.4$8.54$11.9$11.8$3.58$8.17
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.8$7.09$3.72$4.74$2.73$2.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$4.45$1.71$3.10$2.51$0.59
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.00$1.85$0.16$2.83$2.81$0.02
2016Detailed filing. Detailed filing data is available for this year.$5.05$4.91$0.14$3.20$3.55$0.35
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.00$4.51$0.49$3.31$3.73$0.41
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.59$5.69$0.90$2.89$2.96$0.08
2013Detailed filing. Detailed filing data is available for this year.$8.81$7.84$0.98$4.60$4.80$0.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.1$8.96$1.17$4.58
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.93$7.89$1.04$3.98
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.17$5.65$0.51$4.11