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Cumberland Empowerment Zone Corpora

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

EIN: 223697249 ✦ Millville, NJ ✦ Designated as a 501(c)(3)

Overview

What is Cumberland Empowerment Zone Corpora?

Cumberland Empowerment Zone Corpora is a nonprofit organization situated in Millville, New Jersey, with a focus on community economic development. Their primary mission involves implementing an Empowerment Zone program, providing both loans and grants to local community organizations and businesses, as well as sponsoring educational programs. With a dedicated staff of two individuals, they aim to foster growth and development within their community.


Official website here: www.cezcorp.org

Is Cumberland Empowerment Zone Corpora legitimate?

Cumberland Empowerment Zone Corpora is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cumberland Empowerment Zone Corpora 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,639

For more financial information, click here


Official website here: www.cezcorp.org

What is the mission statement of Cumberland Empowerment Zone Corpora?

The mission of Cumberland Empowerment Zone Corpora is centered around community economic development. They implement an Empowerment Zone program, providing financial assistance in the form of loans and grants to local community organizations and businesses. Additionally, they sponsor educational programs to further support their mission. By doing so, they aim to foster economic growth and development within their community.


Official website here: www.cezcorp.org

Who is the CEO of Cumberland Empowerment Zone Corpora?

Denise Jackson is the Secretary of Cumberland Empowerment Zone Corpora.


Official website here: www.cezcorp.org

What is the revenue of Cumberland Empowerment Zone Corpora?

Cumberland Empowerment Zone Corpora's revenue in 2022 was $714,640.


Official website here: www.cezcorp.org

Who are the executives of Cumberland Empowerment Zone Corpora and what are their salaries?

The average compensation at Cumberland Empowerment Zone Corpora during 2022 was $96,320. There are 2 employees at Cumberland Empowerment Zone Corpora.

Here are 11 key members and their salaries:

    Jeannine Macdonald (Executive Di) [Trustee/Director]
  • Compensation: $109,247
  • Related: $0
  • Other: $0

    • Cindy Angelo (Executive Di) [Trustee/Director]
  • Compensation: $18,885
  • Related: $0
  • Other: $0

    • Sandy Forosisky (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Albert Kelly (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dante Rieti (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shelly Schneider (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Bethea (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Santoro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Preston Centuolo (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Musso (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Denise Jackson (Executive Di) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cezcorp.org

    Where can I find the form 990 for Cumberland Empowerment Zone Corpora?

    The Cumberland Empowerment Zone Corpora’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cezcorp.org

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

    Mission Statement of Cumberland Empowerment Zone Corpora

    Cumberland Empowerment Zone Corpora is dedicated to community economic development. Through the implementation of an Empowerment Zone program, this organization provides loans and grants to local community organizations and businesses. Furthermore, Cumberland Empowerment Zone Corpora also sponsors educational programs to contribute to the overall growth and prosperity of the community. Their mission is geared towards fostering economic development and empowerment within the community, ultimately aiming to improve the livelihoods of its residents.

    Impact

    This information is meant to be a general summary of Cumberland Empowerment Zone Corpora. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Cumberland Empowerment Zone Corpora's impact is felt directly in the community through its implementation of the Empowerment Zone program, which provides vital financial support in the form of loans and grants to local organizations and businesses. Additionally, the organization sponsors educational programs that contribute to the community's overall economic development. Through these initiatives, Cumberland Empowerment Zone Corpora plays a crucial role in fostering economic growth, supporting community organizations, and creating opportunities for businesses in Millville, NJ.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $156,018
  • Program Service Revenue: $317,479
  • Gross Receipts: $714,640

    • Assets and Liabilities:
  • Total Assets: $11,310,179
  • Total Liabilities: $588,473
  • Net Assets: $10,721,706
  • Programs

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

    DEVELOPER FEE

    Revenue

    $220,149

    WFRF REVENUES

    Revenue

    $87,500

    MISC INCOME

    Revenue

    $5,530

    LOAN SERVICING FEES

    Revenue

    $3,950

    APPLICATION FEES

    Revenue

    $350

    Organization Details

    Founding Year

    1999

    Principal Officer

    Denise Jackson

    Main Address

    745 LEBANON RD, MILLVILLE, NJ, 08332

    NTEE Category

    Code: M242 - Public safety

    If you are a representative of Cumberland Empowerment Zone Corpora and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.