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Downtown Merchants Corporation

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

EIN: 223464174 ✦ Passaic, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Downtown Merchants Corporation?

The Downtown Merchants Corporation, situated in Room 203, 330 Passaic Ave, Passaic, New Jersey 07055, is a dedicated nonprofit organization. Their primary mission is to uplift the surrounding community, specifically the area along Route 21, by partaking in a program that focuses on litter removal, graffiti eradication through power washing, and repainting over 185 buildings. This initiative aims to enhance the overall appearance and quality of life for both residents and shoppers in the downtown area. The Corporation's workforce comprises 29 employees, collectively contributing to the betterment of their community.


Official website here: www.passaicuez.com

Is Downtown Merchants Corporation legitimate?

Downtown Merchants Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Merchants Corporation 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: $275,448

For more financial information, click here


Official website here: www.passaicuez.com

What is the mission statement of Downtown Merchants Corporation?

The Downtown Merchants Corporation's mission is centered around improving the aesthetic appeal of a specific area, specifically along Route 21. They achieve this by actively participating in a program that involves the removal of litter, power washing graffiti, and painting over an impressive 185 buildings. This initiative aims to enhance the overall quality of life for both local residents and shoppers, promoting a cleaner and more appealing environment.


Official website here: www.passaicuez.com

Who is the CEO of Downtown Merchants Corporation?

Unavailable


Official website here: www.passaicuez.com

What is the revenue of Downtown Merchants Corporation?

Downtown Merchants Corporation's revenue in 2022 was $332,226.


Official website here: www.passaicuez.com

Who are the executives of Downtown Merchants Corporation and what are their salaries?

The average compensation at Downtown Merchants Corporation during 2022 was $9,498. There are 29 employees at Downtown Merchants Corporation.


Here are 5 key members and their salaries:


Alex Canals (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Helen Ramos (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rosa Ortiz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rafeal Cuellar (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Servando Fernandez (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.passaicuez.com

Where can I find the form 990 for Downtown Merchants Corporation?

Downtown Merchants Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.passaicuez.com

Learn more at the official website: www.passaicuez.com

Mission Statement of Downtown Merchants Corporation

The Downtown Merchants Corporation is dedicated to enhancing and beautifying the area along Route 21, specifically in the downtown area. They accomplish this mission by actively participating in a program that includes the removal of litter, power washing graffiti, and painting over 185 buildings. This initiative aims to improve the quality of life for both local residents and shoppers, making the downtown area more appealing and inviting.

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Impact




October, 2024

Downtown Merchants Corporation significantly enhances the quality of life in Passaic, NJ, by focusing on the beautification and improvement of the downtown area along Route 21. Their efforts include removing litter, power washing graffiti, and revitalizing over 185 buildings through painting, creating a cleaner and more appealing environment for both residents and shoppers. These initiatives contribute to a vibrant community atmosphere, promoting increased foot traffic and fostering a sense of pride among locals. By actively engaging in community improvement projects, Downtown Merchants Corporation plays a crucial role in revitalizing the area and enhancing the overall experience of those who live and visit Passaic.




This information is meant to be a general summary of Downtown Merchants 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
$332,226 (2022)
Expenses
$332,144 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $332,226

Assets and Liabilities:

  • Total Assets: $45,129
  • Total Liabilities: $7,660
  • Net Assets: $37,469

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Organization Details

Founding Year

1990

Main Address

330 Passaic Ave Room 203, Passaic, NJ, 07055

NTEE Category

Code: S41 - Community improvement

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