Newark Regional Business Partnership

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 221644616 ✦ Newark, NJ ✦ Designated as a 501(c)(6)

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Overview

What is Newark Regional Business Partnership?

The Newark Regional Business Partnership is a nonprofit organization situated in Newark, New Jersey, specifically at 60 Park Place 1016, with a dedication to fostering the success of the local business community. Their primary mission involves promoting prosperity in the region and offering solutions to business-related challenges faced by their members. Their areas of focus include real estate, transportation, and economic and developmental aspects of the Newark region. The organization, with a modest workforce of 4 individuals, contributes to the growth and sustainability of the Newark business sector.


Official website here: www.newarkrbp.org

Is Newark Regional Business Partnership legitimate?

Newark Regional Business Partnership is a legitimate nonprofit organization registered as a 501(c)(6) entity. Newark Regional Business Partnership submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $395,778
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,779

For more financial information, click here


Official website here: www.newarkrbp.org

What is the mission statement of Newark Regional Business Partnership?

The Newark Regional Business Partnership's mission is centered around fostering the success of the business community. It aims to promote prosperity within this community and provides solutions to its members' business-related issues. The organization focuses on various programs related to real estate, transportation, economics, and the development of the region, all with the goal of contributing to the overall growth and well-being of the business community.


Official website here: www.newarkrbp.org

Who is the CEO of Newark Regional Business Partnership?

George Hallock is the President & Ceo of Newark Regional Business Partnership. The CEO's salary of Newark Regional Business Partnership is $199,750 and their total compensation is $229,821.


Official website here: www.newarkrbp.org

What is the revenue of Newark Regional Business Partnership?

Newark Regional Business Partnership's revenue in 2022 was $746,746.


Official website here: www.newarkrbp.org

Who are the executives of Newark Regional Business Partnership and what are their salaries?

The average compensation at Newark Regional Business Partnership during 2022 was $123,389. There are 4 employees and 50 volunteers at Newark Regional Business Partnership.


Here are 43 key members and their salaries (Newark Regional Business Partnership's CEO's salary is $199,750 and their total compensation is $229,821):


Chip Hallock (President & Ceo)
  • Compensation: $199,750
  • Related: $0
  • Other: $30,071
Frank Ferruggia (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Slater-Stokes (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Mazawey (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Makfinsky (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Best (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Terry Sr (At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Ledford (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Gannon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Sobel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Boresen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Cahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kayla Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Janoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Iveltiz'Eve'Army (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Mccants (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Andrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bernie Mcneilly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mlynarski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Nietzel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Randolph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Perry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Petrucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Sciara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Mashtaler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Yglesias (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa John Basta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luis Collazo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joelle Hutcheon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Renard Barnes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramelle Massey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Love (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alejandra Ceja (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gill (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Kuiken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Marolaukos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Pena (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Marx (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amir Washington (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Kaufman (Vice President & Coo)
  • Compensation: $156,833
  • Related: $0
  • Other: $20,114


Official website here: www.newarkrbp.org

Where can I find the form 990 for Newark Regional Business Partnership?

Newark Regional Business Partnership's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.newarkrbp.org

Learn more at the official website: www.newarkrbp.org

Mission Statement of Newark Regional Business Partnership

The Newark Regional Business Partnership, a notable organization, is committed to fostering the growth and success of businesses within the Newark region. Its primary mission is to promote the prosperity of this business community and offer solutions to the various challenges that its members may encounter in their operations. This mission is achieved through a range of programs focused on real estate, transportation, and economic development within the Newark region. By providing these solutions, the Newark Regional Business Partnership aims to contribute to the overall well-being and growth of the business community in the region.

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Impact




October, 2024

The Newark Regional Business Partnership plays a pivotal role in fostering economic growth and prosperity within the Newark region by providing essential support to the local business community. Its focus on real estate, transportation, economics, and development creates avenues for businesses to thrive and effectively tackle challenges they may encounter.

By facilitating collaborations and offering targeted solutions, the Partnership enhances the overall business environment, making Newark a more attractive place for investment and innovation. This commitment to community improvement directly contributes to the region's economic vitality and helps businesses navigate the complexities of their operations. As a result, the Newark Regional Business Partnership not only addresses immediate business needs but also strategically positions the Newark area for long-term success and sustainability.




This information is meant to be a general summary of Newark Regional Business Partnership. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$746,746 (2022)
Expenses
$883,003 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,851
  • Program Service Revenue: $638,895
  • Gross Receipts: $755,746

Assets and Liabilities:

  • Total Assets: $926,367
  • Total Liabilities: $239,383
  • Net Assets: $686,984

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBER DUES

Revenue

$482,685

MEMBER PROGRAMS

Revenue

$156,210

Organization Details

Founding Year

1959

Principal Officer

George Hallock

Main Address

60 PARK PLACE 1016, NEWARK, NJ, 07102

NTEE Category

Code: S41 - Community improvement

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