Overview
What is Nedc Riverfront Corporation?
Nedc Riverfront Corporation is a nonprofit organization situated in New Jersey, primarily dedicated to managing redevelopment projects across the state, with a particular focus on Newark. Their mission encompasses overseeing and executing various development projects, contributing to the state's growth and improvement. The organization plays a significant role in facilitating redevelopment initiatives, thereby enhancing the local infrastructure and promoting sustainable development.
Is Nedc Riverfront Corporation legitimate?
Nedc Riverfront Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nedc Riverfront Corporation 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: $424,519
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Nedc Riverfront Corporation?
The Nedc Riverfront Corporation is organized with the mission to manage numerous redevelopment projects across New Jersey. In essence, their primary role is to oversee and implement these redevelopment projects, contributing to the improvement and transformation of various areas within the state. While the information provided does not specify the objectives or goals beyond managing these projects, it can be inferred that their mission is to contribute to the betterment of the state through these redevelopment initiatives.
Who is the CEO of Nedc Riverfront Corporation?
Alfred Faiella is the President of Nedc Riverfront Corporation.
What is the revenue of Nedc Riverfront Corporation?
Nedc Riverfront Corporation's revenue in 2022 was $423,359.
Who are the executives of Nedc Riverfront Corporation and what are their salaries?
The average compensation at Nedc Riverfront Corporation during 2022 was $424,519. There is 1 employee and 1 volunteer at Nedc Riverfront Corporation.
Here are 3 key members and their salaries:
- Compensation: $373,233
- Related: $0
- Other: $33,118
- Compensation: $0
- Related: $0
- Other: $18,168
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Nedc Riverfront Corporation?
Nedc Riverfront Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nedc Riverfront Corporation
Nedc Riverfront Corporation, an organization dedicated to managing various redevelopment projects, is committed to its mission in New Jersey. Their primary focus is to oversee and implement redevelopment projects throughout the state, aiming to contribute positively to the local communities. By managing these projects, Nedc Riverfront Corporation aims to promote growth and improvement in the areas they operate, ultimately contributing to the overall development of New Jersey.
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Impact
October, 2024
Nedc Riverfront Corporation plays a vital role in the revitalization of urban areas in New Jersey, particularly in Newark. By managing various redevelopment projects, the organization significantly contributes to community improvement and economic growth. Their efforts not only enhance the physical landscape of the state but also aim to boost local economies, improve public spaces, and foster a sense of community.
Through the implementation of strategic redevelopment initiatives, Nedc Riverfront Corporation helps attract investment, create jobs, and revitalize neighborhoods that may have faced challenges. The focus on Newark speaks to their commitment to transforming this key urban area into a more vibrant and accessible environment for residents and visitors alike. By overseeing these projects, the organization ensures that development aligns with the needs of the community, paving the way for sustainable progress and enhanced quality of life for all.
This information is meant to be a general summary of Nedc Riverfront Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $53,873
- Gross Receipts: $1,548,749
Assets and Liabilities:
- Total Assets: $1,536,598
- Total Liabilities: $2,163,171
- Net Assets: -$626,573
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Organization Details
Founding Year
1984
Phone
(973) 643-5844Principal Officer
Alfred Faiella
Main Address
1 GATEWAY CENTER 2600, NEWARK, NJ, 07102
NTEE Category
Code: S300 - Community improvement
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