The Central Avenue Special Improvement District Management Corp

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

EIN: 223253407 ✦ Jersey city, NJ ✦ Designated as a 501(c)(4)

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Overview

What is The Central Avenue Special Improvement District Management Corp?

The Central Avenue Special Improvement District Management Corp is a small, nonprofit organization situated in Jersey City, New Jersey, with a single employee. Their primary mission is to foster economic growth and development in the Central Avenue area. Through their initiatives, they strive to enhance the district, benefiting property owners, businesses, employees, residents, and consumers alike. Their activities are centered around promoting the economy of Central Avenue, aiming to create a thriving and vibrant community in Jersey City.


Official website here: www.centralavesid.org

Is The Central Avenue Special Improvement District Management Corp legitimate?

The Central Avenue Special Improvement District Management Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. The Central Avenue Special Improvement District Management Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $44,154

For more financial information, click here


Official website here: www.centralavesid.org

What is the mission statement of The Central Avenue Special Improvement District Management Corp?

The Central Avenue Special Improvement District Management Corp's mission is centered around fostering economic growth. Their primary objective is to enhance the Central Avenue area, benefiting property owners, businesses, employees, residents, and consumers alike. They aim to promote economic development through district promotion activities, ultimately contributing to the betterment of the community.


Official website here: www.centralavesid.org

Who is the CEO of The Central Avenue Special Improvement District Management Corp?

Sergio Ferreira is the Trustee of The Central Avenue Special Improvement District Management Corp.


Official website here: www.centralavesid.org

What is the revenue of The Central Avenue Special Improvement District Management Corp?

The Central Avenue Special Improvement District Management Corp's revenue in 2022 was $129,449.


Official website here: www.centralavesid.org

Who are the executives of The Central Avenue Special Improvement District Management Corp and what are their salaries?

The average compensation at The Central Avenue Special Improvement District Management Corp during 2022 was $44,154. There is 1 employee and 10 volunteers at The Central Avenue Special Improvement District Management Corp.


Here are 8 key members and their salaries:


Grace Cutri (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddy Gallo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shyrone Richardson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanford Fishman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Nachbaur (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gilbert Mendez (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Solomon (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sergio Ferreira (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.centralavesid.org

Where can I find the form 990 for The Central Avenue Special Improvement District Management Corp?

The Central Avenue Special Improvement District Management Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.centralavesid.org

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

Mission Statement of The Central Avenue Special Improvement District Management Corp

The Central Avenue Special Improvement District Management Corp is committed to enhancing the economic growth of the Central Avenue area in Jersey City, New Jersey. This nonprofit organization's mission is to foster a thriving environment for property owners, businesses, employees, residents, and consumers within this area. By promoting district development, they aim to benefit all stakeholders and contribute to the overall prosperity of the Central Avenue community.

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Impact




October, 2024

The Central Avenue Special Improvement District Management Corp significantly enhances the local economy and community life in Jersey City, NJ. By focusing on the promotion and enhancement of the Central Avenue area, it benefits property owners, businesses, employees, residents, and consumers alike.

Through strategic initiatives, the organization fosters a vibrant shopping and dining environment that attracts more visitors and strengthens community ties. Its efforts not only improve the overall aesthetics of the area but also create a sense of pride among local residents and stakeholders. By collaborating with local businesses and engaging the community, it cultivates a supportive ecosystem that encourages economic development and enhances the quality of life for everyone involved. Ultimately, the Central Avenue Special Improvement District Management Corp plays a crucial role in driving growth and sustainability in the Jersey City community.




This information is meant to be a general summary of The Central Avenue Special Improvement District Management Corp. 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
$129,449 (2022)
Expenses
$144,734 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $181
  • Program Service Revenue: $6,800
  • Gross Receipts: $129,449

Assets and Liabilities:

  • Total Assets: $167,053
  • Total Liabilities: $554
  • Net Assets: $166,499

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Programs

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

Various Programs

Revenue

$6,800

Organization Details

Founding Year

1992

Principal Officer

Sergio Ferreira

Main Address

366 CENTRAL AVENUE, JERSEY CITY, NJ, 07307

NTEE Category

Code: S20 - Community improvement

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