Overview
What is New Brunswick City Market Inc?
New Brunswick City Market Inc, located at 109 Church St, New Brunswick, NJ 08901, is a nonprofit organization with a mission to promote and enhance the Business Improvement District (BID) of New Brunswick city. They achieve this by conducting retail promotions, attracting an unlimited number of visitors to the central business district. The primary objective is to benefit both the city and its residents. With a workforce of four individuals, the organization aims to revitalize the business district, fostering a vibrant and engaging environment.
Official website here: www.newbrunswick.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating.
New Brunswick City Market Inc has achieved an impressive overall score of 96%, primarily reflecting its strong performance in accountability and finance. This high rating is significant as it indicates a commitment to transparency and responsible financial management, which are crucial for building trust with donors and stakeholders.
The organization is noteworthy for its governance structure, boasting 100% independent board members and a robust audit and oversight committee. These factors contribute positively to its accountability measures, including well-documented policies on conflicts of interest and whistleblower protections. Furthermore, the majority of its expenses are allocated to its programs, with a program expense ratio of 82.66%, showcasing its dedication to fulfilling its mission.
While the data highlights numerous strengths, it is important for potential donors and supporters to remain engaged and informed about the organization's ongoing activities and impact. Maintaining transparency and addressing any emerging challenges will be vital for sustaining its positive reputation and effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is New Brunswick City Market Inc legitimate?
New Brunswick City Market Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Brunswick City Market Inc 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: $111,769
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,523
For more financial information, click here
Official website here: www.newbrunswick.com
What is the mission statement of New Brunswick City Market Inc?
New Brunswick City Market Inc's primary mission is to foster and enhance the Business Improvement District within an unspecified city. To achieve this, the organization conducts retail promotions, aiming to draw visitors to the central business district. By doing so, they aim to benefit an unlimited number of individuals. Their activities are geared towards boosting the overall appeal and vitality of the business district, ultimately contributing to its growth and development.
Official website here: www.newbrunswick.com
Who is the CEO of New Brunswick City Market Inc?
Pamela Stefanek is the Executive Director of New Brunswick City Market Inc.
Official website here: www.newbrunswick.com
What is the revenue of New Brunswick City Market Inc?
New Brunswick City Market Inc's revenue in 2022 was $703,028.
Official website here: www.newbrunswick.com
Who are the executives of New Brunswick City Market Inc and what are their salaries?
The average compensation at New Brunswick City Market Inc during 2022 was $43,573. There are 4 employees and 31 volunteers at New Brunswick City Market Inc.
Here are 31 key members and their salaries:
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Official website here: www.newbrunswick.com
Where can I find the form 990 for New Brunswick City Market Inc?
New Brunswick City Market Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newbrunswick.com
Learn more at the official website: www.newbrunswick.com
Mission Statement of New Brunswick City Market Inc
New Brunswick City Market Inc, as a nonprofit organization, is committed to promoting and enhancing the Business Improvement District within the city it serves. Its mission is centered around this objective, aiming to attract visitors to the central business district through various retail promotions. The organization's efforts are not limited, as it seeks to benefit an unspecified yet extensive number of individuals. By conducting these promotions, New Brunswick City Market Inc contributes to the vitality and appeal of the business district, ultimately benefiting the community as a whole.
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Impact
July, 2024
New Brunswick City Market Inc plays a crucial role in enhancing and promoting the business improvement district of the city of New Brunswick. Through its retail promotions and efforts to attract visitors to the central business district, the organization benefits an unlimited number of individuals. Its mission is focused on the promotion and enhancement of the business improvement district, ultimately contributing to the community improvement of New Brunswick, NJ.
This information is meant to be a general summary of New Brunswick City Market Inc. 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: $1,391
- Program Service Revenue: $701,637
- Gross Receipts: $703,028
Assets and Liabilities:
- Total Assets: $982,409
- Total Liabilities: $109,920
- Net Assets: $872,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TAX ASSESSMENTS
Revenue
$665,880
HOLIDAY PROGRAMMING
Revenue
$26,298
OTHER PROGRAMS
Revenue
$9,459
Organization Details
Founding Year
1987
Phone
(732) 545-4849Principal Officer
Pamela Stefanek
Main Address
109 Church St, New Brunswick, NJ, 08901
Website
www.newbrunswick.comNTEE Category
Code: S300 - Community improvement
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