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Linden Economic Development Corporation

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

EIN: 222701639 ✦ Linden, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Linden Economic Development Corporation?

The Linden Economic Development Corporation, established in the City of Linden, New Jersey, serves as a dedicated organization that fosters and supports economic growth. Acting as an economic development agent, its primary role is to stimulate and facilitate business expansion and development within the city. This nonprofit organization is committed to bolstering the local economy by offering assistance and encouragement to both existing and prospective businesses.


Official website here: www.linden-nj.gov/directory/linden-economic-development-corporation-ledc/

Is Linden Economic Development Corporation legitimate?

Linden Economic Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Linden Economic Development Corporation submitted a form 990EZ, 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.


Official website here: www.linden-nj.gov/directory/linden-economic-development-corporation-ledc/

What is the mission statement of Linden Economic Development Corporation?

The Linden Economic Development Corporation serves to foster and stimulate economic growth within its jurisdiction. Acting as an economic development organization, it actively encourages and assists in the development of the economy. The corporation's primary goal is to promote economic prosperity, contributing to the overall improvement and development of the relevant economic sector. Through its initiatives, it aims to attract businesses, create job opportunities, and ultimately enhance the overall economic well-being of the community.


Official website here: www.linden-nj.gov/directory/linden-economic-development-corporation-ledc/

Who is the CEO of Linden Economic Development Corporation?
What is the revenue of Linden Economic Development Corporation?

Linden Economic Development Corporation's revenue in 2022 was $85,039.


Official website here: www.linden-nj.gov/directory/linden-economic-development-corporation-ledc/

Who are the executives of Linden Economic Development Corporation and what are their salaries?


Here are 14 key members and their salaries:


Alex Lospinoso (Director)
  • Compensation: $42,750
  • Related: $0
  • Other: $0
Gerald Bishop (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armand Florietti (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Mack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Felipe Cabezas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Weiss (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca Tattoli (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Sadlon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Gargano (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Hetem (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Cromwell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Burke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gassler (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Burke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.linden-nj.gov/directory/linden-economic-development-corporation-ledc/

Where can I find the form 990EZ for Linden Economic Development Corporation?

Linden Economic Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.linden-nj.gov/directory/linden-economic-development-corporation-ledc/

Mission Statement of Linden Economic Development Corporation

The Linden Economic Development Corporation, serving as an economic development organization, is dedicated to fostering and encouraging growth within the City of Linden, New Jersey. This nonprofit institution plays a pivotal role in promoting economic development, providing assistance and support to various businesses and initiatives within its jurisdiction. By operating as an economic development organization, the Linden Economic Development Corporation aims to contribute to the city's overall prosperity and development.

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Impact




October, 2024

Linden Economic Development Corporation significantly impacts the City of Linden, New Jersey, by driving economic growth and enhancing community well-being. Through its dedicated efforts to promote and assist economic development, the organization plays a crucial role in attracting businesses, fostering entrepreneurship, and creating job opportunities. By supporting local initiatives and collaborating with various stakeholders, it helps to revitalize the community and improve the overall economic landscape. This results in a more vibrant local economy, increased investment, and an improved quality of life for residents.




This information is meant to be a general summary of Linden Economic Development 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.

Revenue
$85,039 (2022)
Expenses
$73,704 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39
  • Program Service Revenue: $85,000
  • Gross Receipts: $85,039

Assets and Liabilities:

  • Total Assets: $81,213
  • Total Liabilities: $0
  • Net Assets: $81,213

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Organization Details

Main Address

301 North Wood Avenue, Linden, NJ, 07036

NTEE Category

Code: S30 - Community improvement

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