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Bloomfield Center Alliance Inc

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

EIN: 223618180 ✦ Bloomfield, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Bloomfield Center Alliance Inc?

Bloomfield Center Alliance Inc is a nonprofit organization situated in Bloomfield, New Jersey. With a team of five dedicated individuals, their primary focus is on the redevelopment of the Bloomfield Town Center. They actively engage in district marketing, promotional events, and economic development to revitalize and enhance the area. The organization's mission is to drive change and improvement within the town center, contributing positively to the local community.

Is Bloomfield Center Alliance Inc legitimate?

Bloomfield Center Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomfield Center Alliance 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: $97,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Bloomfield Center Alliance Inc?

The mission of Bloomfield Center Alliance Inc, as stated, is centered around promoting the revitalization of a specific town center. They focus on district marketing, organizing promotional events, and facilitating economic development to achieve this goal. By doing so, they aim to breathe new life into the town center, potentially enhancing its overall appeal and attractiveness. The organization's activities may contribute to the area's economic growth and community engagement.

Who is the CEO of Bloomfield Center Alliance Inc?

Michael Kahn is the Exec. Director of Bloomfield Center Alliance Inc.

What is the revenue of Bloomfield Center Alliance Inc?

Bloomfield Center Alliance Inc's revenue in 2022 was $429,396.

Who are the executives of Bloomfield Center Alliance Inc and what are their salaries?

The average compensation at Bloomfield Center Alliance Inc during 2022 was $19,400. There are 5 employees and 20 volunteers at Bloomfield Center Alliance Inc.


Here are 10 key members and their salaries:


Ollyn J Lettmen (Exec. Director)
  • Compensation: $97,000
  • Related: $0
  • Other: $0
Michael Kahn (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Michalski (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfonso Crincoli (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stella Kelly (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Lacz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fallon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Murdoch (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Marucci (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bloomfield Center Alliance Inc?

Bloomfield Center Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bloomfield Center Alliance Inc

Bloomfield Center Alliance Inc, as its name suggests, is committed to fostering the revitalization of the Bloomfield Town Center. The organization's mission is centered around promoting economic development, organizing promotional events, and marketing the district. By undertaking these activities, Bloomfield Center Alliance Inc aims to breathe new life into the Bloomfield Town Center, potentially attracting businesses and residents, and ultimately, contributing to the overall enhancement of the community.

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Impact




October, 2024

Bloomfield Center Alliance Inc plays a pivotal role in revitalizing and enhancing the Bloomfield Town Center. By focusing on district marketing, promotional events, and economic development initiatives, the organization fosters a vibrant community atmosphere that attracts residents and visitors alike.

Through its efforts, Bloomfield Center Alliance Inc stimulates local businesses, encouraging growth and sustainability. The promotion of events not only boosts foot traffic but also creates opportunities for community engagement and cultural enrichment. Overall, the organization's commitment to redeveloping the town center significantly contributes to the area's economic vitality and community improvement.




This information is meant to be a general summary of Bloomfield Center Alliance 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
$429,396 (2022)
Expenses
$438,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46
  • Program Service Revenue: $358,278
  • Gross Receipts: $429,396

Assets and Liabilities:

  • Total Assets: $193,506
  • Total Liabilities: $124,828
  • Net Assets: $68,678

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Programs

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

TAX ASSESSMENTS

Revenue

$358,278

Organization Details

Founding Year

1998

Principal Officer

Michael Kahn

Main Address

PO BOX 1618, BLOOMFIELD, NJ, 07003

NTEE Category

Code: S30 - Community improvement

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