Perth Amboy Business Improvement Corporation Inc

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

EIN: 223192334 ✦ Perth amboy, NJ ✦ Designated as a 501(c)(6)

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Overview

What is Perth Amboy Business Improvement Corporation Inc?

Perth Amboy Business Improvement Corporation Inc, located at 260 High Street, Perth Amboy, New Jersey, is a nonprofit organization devoted to revitalizing and expanding the city's Downtown Business zone. Their primary mission is to foster economic growth and job opportunities within the city, working tirelessly to improve and enhance the local business environment. The corporation's activities aim to achieve these goals, contributing positively to the overall development of Perth Amboy.


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

Is Perth Amboy Business Improvement Corporation Inc legitimate?

Perth Amboy Business Improvement Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Perth Amboy Business Improvement Corporation 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: $95,740
Professional Fundraising Fees: $0
Other Salaries and Wages: $37,076

For more financial information, click here


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

What is the mission statement of Perth Amboy Business Improvement Corporation Inc?

The Perth Amboy Business Improvement Corporation Inc is dedicated to revitalizing and expanding the business district within a city. Their primary objective is to stimulate economic growth and create employment opportunities within the city. This corporation actively promotes the development of the local business zone, aiming to enhance the economic vitality and prosperity of the community.


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

Who is the CEO of Perth Amboy Business Improvement Corporation Inc?

Barry Rosengarten is the Chairman of Perth Amboy Business Improvement Corporation Inc.


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

What is the revenue of Perth Amboy Business Improvement Corporation Inc?

Perth Amboy Business Improvement Corporation Inc's revenue in 2022 was $248,836.


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

Who are the executives of Perth Amboy Business Improvement Corporation Inc and what are their salaries?

There 10 volunteers at Perth Amboy Business Improvement Corporation Inc.


Here are 4 key members and their salaries:


Barry Rosengarten (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Diaz (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reyes Ortega (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Antonio Abreu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

Where can I find the form 990 for Perth Amboy Business Improvement Corporation Inc?

Perth Amboy Business Improvement Corporation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.perthamboynj.org/government/municipal_boards/business_improvement_district

Mission Statement of Perth Amboy Business Improvement Corporation Inc

Perth Amboy Business Improvement Corporation Inc is dedicated to revitalizing and expanding the business zone in the heart of Perth Amboy, New Jersey. Their mission focuses on fostering economic growth and creating employment opportunities within the city. By promoting business development in the downtown area, they aim to enhance the overall vitality and prosperity of the community. Their efforts are geared towards attracting new businesses and encouraging existing ones to flourish, ultimately contributing to a stronger and more prosperous city.

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Impact




October, 2024

Perth Amboy Business Improvement Corporation Inc plays a vital role in revitalizing and expanding the Downtown Business zone in Perth Amboy, New Jersey. By focusing on economic growth and employment, the organization stimulates local commerce, attracts new businesses, and enhances the overall vibrancy of the community. This initiative not only improves the aesthetic appeal of the downtown area but also fosters a supportive environment for existing businesses, encouraging them to thrive. The corporation's efforts lead to job creation and a stronger local economy, benefiting residents and visitors alike. Ultimately, its impact is felt through increased foot traffic, heightened community engagement, and a renewed sense of pride in the city.




This information is meant to be a general summary of Perth Amboy Business Improvement Corporation 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.

Revenue
$248,836 (2022)
Expenses
$333,650 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $328
  • Program Service Revenue: $248,184
  • Gross Receipts: $248,836

Assets and Liabilities:

  • Total Assets: $266,492
  • Total Liabilities: $60,811
  • Net Assets: $205,681

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Programs

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

Property Tax Assessment

Revenue

$248,184

Organization Details

Founding Year

1991

Principal Officer

Barry Rosengarten

Main Address

260 High Street, Perth Amboy, NJ, 08861

NTEE Category

Code: S31 - Community improvement

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