Overview
What is Spring Lake Business Development Corp?
Spring Lake Business Development Corp is a small-scale, nonprofit organization situated in Spring Lake, New Jersey. Their primary focus is to boost the economic growth of the local downtown business community and the town of Spring Lake itself, achieving this through strategic marketing, public relations, and business development efforts. Additionally, they handle area design and maintenance, holiday decorations, and organize events to enhance the overall appeal of the area. With a team of two dedicated individuals, Spring Lake Business Development Corp strives to contribute positively to the local economy and community.
Official website here: www.visitspringlake.com
What do the Facebook reviews say about Spring Lake Business Development Corp?
96% of 49 reviewers on Facebook recommend Spring Lake Business Development Corp. Here is a summary of their reviews:
The overwhelming sentiment among users showcases a positive perception of the area, with many expressing satisfaction with the environment surrounding the organization. Comments indicate a general appreciation for the community and its appeal, suggesting that those familiar with the site see it as a favorable and attractive place.
Overall, community members seem to feel that this nonprofit plays a vital role in promoting a positive business atmosphere, reinforcing the notion that it is well-regarded within the local context.
This AI summary has been generated from reviews found on Facebook.
Is Spring Lake Business Development Corp legitimate?
Spring Lake Business Development Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Spring Lake Business Development Corp 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
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Other Salaries and Wages: $69,045
For more financial information, click here
Official website here: www.visitspringlake.com
What is the mission statement of Spring Lake Business Development Corp?
The Spring Lake Business Development Corp's mission is centered around enhancing the economic viability of a specific business community and its surrounding area. They achieve this goal through strategic initiatives in marketing, public relations, and business development. By implementing these strategies, they aim to boost the economic vitality of the business community and the surrounding region. Their activities extend beyond these core functions, encompassing area design and maintenance, holiday decorations, and organizing events.
Official website here: www.visitspringlake.com
What is the revenue of Spring Lake Business Development Corp?
Spring Lake Business Development Corp's revenue in 2023 was $157,884.
Official website here: www.visitspringlake.com
Who are the executives of Spring Lake Business Development Corp and what are their salaries?
The average compensation at Spring Lake Business Development Corp during 2023 was $34,522. There are 2 employees at Spring Lake Business Development Corp.
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Official website here: www.visitspringlake.com
Where can I find the form 990 for Spring Lake Business Development Corp?
Spring Lake Business Development Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.visitspringlake.com
Learn more at the official website: www.visitspringlake.com
Mission Statement of Spring Lake Business Development Corp
Spring Lake Business Development Corp, as an organization, is committed to enhancing the economic viability of its downtown business community and the wider borough of Spring Lake. Through strategic marketing, public relations, and business development efforts, the corporation aims to boost the economic prospects of local businesses and contribute to the overall prosperity of the community. By performing various tasks such as area design and maintenance, holiday decorations, and organizing events, the Spring Lake Business Development Corp plays a significant role in promoting a vibrant and attractive business environment, thereby attracting more customers and investments to the area.
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Impact
October, 2024
Spring Lake Business Development Corp plays a pivotal role in enhancing the economic viability of the Spring Lake downtown business community and the broader borough. Through strategic marketing initiatives, public relations efforts, and business development activities, the organization fosters a vibrant local economy.
It undertakes various projects including area design and maintenance, ensuring that the aesthetic appeal of the town supports its economic growth. Seasonal holiday decorations and community events promote local businesses while creating a lively atmosphere that attracts both residents and visitors. By focusing on community improvement, the Spring Lake Business Development Corp strengthens local enterprises, enhances the town's charm, and contributes to a sustainable economic environment.
This information is meant to be a general summary of Spring Lake Business Development Corp. 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 2023.
- Investment Income: $6
- Program Service Revenue: $107,582
- Gross Receipts: $157,884
Assets and Liabilities:
- Total Assets: $29,228
- Total Liabilities: $15,865
- Net Assets: $13,363
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TAX ASSESSMENT REVENUE
Revenue
$82,000
FUNDRAISING
Revenue
$25,582
Organization Details
Founding Year
2007
Principal Officer
Richard Clayton
Website
www.visitspringlake.comNTEE Category
Code: S22 - Community improvement
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