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Ironbound Business Improvement District Management Corporation

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

EIN: 223768103 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Ironbound Business Improvement District Management Corporation?

The Ironbound Business Improvement District Management Corporation, based at 76 Prospect Street, 2nd Floor, Newark, NJ 07105, is a charitable and educational nonprofit organization, operating under Section 501(c)(3) of the Internal Revenue Code. Established as the district management corporation for the Ironbound Special Improvement District, their primary mission is to enhance and improve the area, providing various community services, public relations, and street cleaning. As a Special Improvement District (SID) corporation, they aim to serve the Ironbound area, contributing to its development and betterment. With a small team of dedicated employees, they strive to contribute positively to the local community.


Official website here: www.goironbound.com

Is Ironbound Business Improvement District Management Corporation legitimate?

Ironbound Business Improvement District Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ironbound Business Improvement District Management 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.

Here are some key statistics you may want to consider:

Executive Compensation: $50,290
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.goironbound.com

What is the mission statement of Ironbound Business Improvement District Management Corporation?

The Ironbound Business Improvement District Management Corporation is established and operates exclusively for charitable and educational purposes, adhering to Section 501(C)(3) of the Internal Revenue Code of 1986. It serves as the management corporation for the Ironbound Special Improvement District, as per New Jersey state laws. The corporation's primary aim is to oversee and manage the district, working towards the betterment and growth of the area. This non-profit organization operates with the goal of contributing positively to the community, promoting development and improvement within its designated district.


Official website here: www.goironbound.com

Who is the CEO of Ironbound Business Improvement District Management Corporation?

Seth Grossman is the President Emeritus of Ironbound Business Improvement District Management Corporation.


Official website here: www.goironbound.com

What is the revenue of Ironbound Business Improvement District Management Corporation?

Ironbound Business Improvement District Management Corporation's revenue in 2022 was $1,059,177.


Official website here: www.goironbound.com

Who are the executives of Ironbound Business Improvement District Management Corporation and what are their salaries?

The average compensation at Ironbound Business Improvement District Management Corporation during 2022 was $50,290. There are 1 employees and 13 volunteers at Ironbound Business Improvement District Management Corporation.

Here are 14 key members and their salaries:

    Leysly Roldan (Administrative Assistant)
  • Compensation: $50,290
  • Related: $0
  • Other: $0

    • Steven T Yglesias (President Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Hal Laessig (1St V President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manuel Lopes (President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Seth A Grossman (Corporate Finance Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Da Gandra (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar Sanchez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Seabra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helena Vinhas (2Nd V President / Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ras J Baraka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Antonio Martinez (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Vincent Davis (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nicole Fields (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Silva (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.goironbound.com

    Where can I find the form 990 for Ironbound Business Improvement District Management Corporation?

    The Ironbound Business Improvement District Management Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.goironbound.com

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

    Mission Statement of Ironbound Business Improvement District Management Corporation

    The Ironbound Business Improvement District Management Corporation, abbreviated as IBID Management Corp., is organized and operates primarily for charitable and educational purposes, adhering to the guidelines set by Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. This nonprofit corporation serves as the management body for the Ironbound Special Improvement District, fulfilling its mandate to oversee and enhance the district in accordance with New Jersey state laws. The IBID Management Corp. plays a pivotal role in serving as the district management corporation, working towards the betterment of the Ironbound Special Improvement District.

    Impact

    This information is meant to be a general summary of Ironbound Business Improvement District Management Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Ironbound Business Improvement District Management Corporation's impact is significant in the community of Newark, NJ. Through its operations as the district management corporation for the Ironbound Special Improvement District, the organization plays a crucial role in enhancing community services, public relations, and street cleaning initiatives. Its charitable and educational purposes align with its mission to improve the overall quality of life for residents and businesses in the area. The corporation's efforts contribute to the development and maintenance of a vibrant and thriving community, fostering a sense of pride and unity among its members.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $1,059,177

    • Assets and Liabilities:
  • Total Assets: $462,442
  • Total Liabilities: $0
  • Net Assets: $462,442
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Seth Grossman

    Main Address

    76 PROSPECT STREET 2ND FL, NEWARK, NJ, 071052204

    NTEE Category

    Code: S400 - Community improvement

    If you are a representative of Ironbound Business Improvement District Management Corporation 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.