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Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential

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

EIN: 452594112 ✦ Hoboken, NJ ✦ Designated as a 501(c)(4)

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Overview

What is Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential?

Maxwell Place Waterfront Park Corporation Inc, under the management of First Service Residential, is a public nonprofit organization based in Hoboken, New Jersey. The organization oversees a natural park spanning 3.5 acres of waterfront land and 10 acres of water, providing the local community with an outdoor space to enjoy. The park offers various amenities such as a riverfront walkway, a fishing pier, boat launch, playing fields, two children's playgrounds, a dog run, a natural sand beach, and a replica of the 1865 New York Yacht Club Boathouse, the first in the United States. The primary mission of Maxwell Place Waterfront Park Corporation Inc is to maintain, replace, and improve park facilities, ensuring the park remains an accessible and enjoyable resource for the community, with public access to the Hudson River.

Is Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential legitimate?

Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential is a legitimate nonprofit organization registered as a 501(c)(4) entity. Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential 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: $40,593

For more financial information, click here

What is the mission statement of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential?

The Maxwell Place Waterfront Park Corporation Inc, overseen by First Service Residential, is dedicated to maintaining, replacing, and enhancing the facilities of a public natural park. The park, spanning 3.5 acres of waterfront land and 10 acres of water, offers various amenities such as a riverfront walkway, a fishing pier, playing fields, children's playgrounds, a dog run, a natural sand beach, and a replica of the 1865 New York Yacht Club Boathouse. The organization's mission is to ensure the public can enjoy these resources and has access to the Hudson River, all while maintaining the park's facilities to the highest standard.

Who is the CEO of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential?

Leo Pellegrini is the Trustee of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential.

What is the revenue of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential?

Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential's revenue in 2022 was $481,634.

Who are the executives of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential and what are their salaries?


Here are 3 key members and their salaries:


Leo Pellegrini (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Solomon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Emily Jabbour (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential?

Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential

Maxwell Place Waterfront Park Corporation Inc, with First Service Residential as its managing entity, is dedicated to maintaining, enhancing, and improving a public natural park situated on the waterfront. Spanning over 3.5 acres of land and 10 acres of water, the park offers a variety of amenities for the community to enjoy, including a riverfront walkway, a fishing pier, a boat launch, playing fields, two children's playgrounds, a dog run, a natural sand beach, and a replica of the 1865 New York Yacht Club Boathouse, the first yacht boathouse in the United States. The organization's mission is to ensure the park remains accessible to the public and provides a space for urban residents to connect with nature. This includes performing necessary maintenance, replacement, and enhancement tasks on the park's facilities to keep them in optimal condition.

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Impact




October, 2024

Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential significantly enhances the quality of life for residents and visitors in Hoboken, NJ, through its management of a vital public natural park. Spanning 3.5 acres of waterfront and encompassing 10 acres of water, this park serves as an essential urban green space that promotes community engagement and outdoor activities.

The park features a variety of resources that cater to diverse recreational needs, including a riverfront walkway for leisurely strolls, a 500-foot fishing pier for anglers, and a boat launch for watercraft. Families benefit from the two children's playgrounds and playing fields, which provide safe spaces for children and sports enthusiasts to enjoy. Additionally, the dog run accommodates pet owners, creating an inclusive environment for all members of the community.

As a unique highlight, the park boasts a natural sand beach and a recreation of the historic 1865 New York Yacht Club Boathouse, enhancing its cultural significance. By facilitating public access to the Hudson River, the park not only supports recreational activities but also fosters a connection to the natural landscape. Through its ongoing maintenance and improvement efforts, Maxwell Place Waterfront Park Corporation ensures that this urban oasis remains a valuable and cherished resource for the community, promoting health, wellness, and social interaction.




This information is meant to be a general summary of Maxwell Place Waterfront Park Corporation Inc C/O First Service Residential. 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
$481,634 (2022)
Expenses
$322,149 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $18,253
  • Program Service Revenue: $463,381
  • Gross Receipts: $481,634

Assets and Liabilities:

  • Total Assets: $1,909,060
  • Total Liabilities: $28,665
  • Net Assets: $1,880,395

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Programs

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

OPERATIONS AND MAINTENANCE FUNDING AGREEMENT

Revenue

$463,381

Organization Details

Founding Year

2011

Principal Officer

Leo Pellegrini

Main Address

1100 MAXWELL LANE, HOBOKEN, NJ, 07030

NTEE Category

Code: N32 - Recreation

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