Overview
What is Cumberland Development Corporation?
Cumberland Development Corporation is a nonprofit organization dedicated to boosting the economic growth of its member municipalities. Their primary mission is to foster and encourage economic development within these communities, aiming to maximize their potential. They operate with a goal of promoting economic advancement, providing assistance and encouragement to drive sustainable development. The corporation's activities are geared towards enhancing the economic landscape of its member municipalities.
Is Cumberland Development Corporation legitimate?
Cumberland Development Corporation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Cumberland 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.
What is the mission statement of Cumberland Development Corporation?
Cumberland Development Corporation's mission is to enhance the economic growth of its member municipalities. It strives to promote and encourage economic development within these communities, aiming to maximize their potential. The corporation's objective is to foster economic development, serving as a catalyst for progress and prosperity.
Who is the CEO of Cumberland Development Corporation?
Anthony Stanzione is the Executive Director of Cumberland Development Corporation.
What is the revenue of Cumberland Development Corporation?
Cumberland Development Corporation's revenue in 2022 was $120,437.
Who are the executives of Cumberland Development Corporation and what are their salaries?
Here are 5 key members and their salaries:
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- Compensation: $71,050
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Where can I find the form 990EZ for Cumberland Development Corporation?
Cumberland Development Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Cumberland Development Corporation
Cumberland Development Corporation, as a nonprofit organization, is dedicated to enhancing the economic potential of its member municipalities. Their mission is centered around promoting and fostering an environment that encourages economic growth. By leveraging their resources and expertise, they aim to assist these municipalities in maximizing their economic development prospects, thereby contributing to their overall prosperity.
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Impact
October, 2024
Cumberland Development Corporation plays a significant role in enhancing the economic development potential of its member municipalities, particularly in Bridgeton, NJ. By promoting, encouraging, and assisting local communities, the organization helps to identify and harness opportunities for growth and investment. Its initiatives focus on fostering a conducive environment for economic activities, which can lead to job creation, business expansion, and improved community well-being. Through strategic support and partnership, Cumberland Development Corporation contributes to the overall vitality and sustainability of the region, making a lasting impact on local economies and community improvement.
This information is meant to be a general summary of Cumberland 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $14
- Program Service Revenue: $114,423
- Gross Receipts: $120,437
Assets and Liabilities:
- Total Assets: $26,573
- Total Liabilities: $2,888
- Net Assets: $23,685
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Organization Details
Phone
(856) 451-4200Principal Officer
Anthony Stanzione
Main Address
PO BOX 1063 590 SHILOH PIKE, BRIDGETON, NJ, 08302
NTEE Category
Code: S31 - Community improvement
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