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Keyport Bid Inc

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

EIN: 454131049 ✦ Keyport, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Keyport Bid Inc?

Keyport Bid Inc is a small, nonprofit organization, based in Keyport, New Jersey, with a single employee. Their primary mission is to stimulate the economic growth and rejuvenation of the local business sector within the borough of Keyport. Their aim is to strengthen the impact of the business community on both residents and property owners in the area. The organization is dedicated to enhancing the economic vitality of Keyport, contributing positively to the lives of its residents and property owners.


Official website here: www.visitkeyport.org

Is Keyport Bid Inc legitimate?

Keyport Bid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keyport Bid 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $900

For more financial information, click here


Official website here: www.visitkeyport.org

What is the mission statement of Keyport Bid Inc?

Keyport Bid Inc is committed to promoting the economic development and revitalization of its business community. The organization aims to enhance the contributions of this community to both residents and property owners within its sphere. By fostering business growth, Keyport Bid Inc aims to improve the overall economic landscape and well-being of the community it serves. The organization's activities are geared towards strengthening the business community, thereby boosting its ability to positively impact the lives of its stakeholders.


Official website here: www.visitkeyport.org

Who is the CEO of Keyport Bid Inc?

Lawrence Vecchio is the Treasurer of Keyport Bid Inc.


Official website here: www.visitkeyport.org

What is the revenue of Keyport Bid Inc?

Keyport Bid Inc's revenue in 2021 was $176,288.


Official website here: www.visitkeyport.org

Who are the executives of Keyport Bid Inc and what are their salaries?

The average compensation at Keyport Bid Inc during 2021 was $900. There is 1 employee at Keyport Bid Inc.


Here are 12 key members and their salaries:


Joanne Colonnello (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yulia Kravchin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa O'Connell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Vecchio (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Boyce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donnie Blanks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Weider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Merla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Genevieve Andrews - Kelley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Araneo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Demarest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Falting (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.visitkeyport.org

Where can I find the form 990 for Keyport Bid Inc?

Keyport Bid Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.visitkeyport.org

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

Mission Statement of Keyport Bid Inc

Keyport Bid Inc, as a nonprofit organization, is committed to fostering economic development and revitalization within the business community. Their mission is to strengthen the contributions of this community to residents and property owners within the borough, aiming to improve the overall well-being and prosperity of the area. By focusing on the economic development and revitalization of the business sector, Keyport Bid Inc seeks to create a more vibrant and sustainable living environment for all stakeholders. This involves supporting and promoting local businesses, encouraging entrepreneurship, and fostering a conducive environment for economic growth and development. The organization's efforts are geared towards enhancing the economic health of the community, ultimately benefiting both residents and property owners.

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Impact




October, 2024

Keyport Bid Inc plays a pivotal role in enhancing the economic landscape of Keyport, NJ, by driving initiatives that support the growth and revitalization of the local business community. Through its focused efforts, the organization strengthens the contributions of businesses to the residents and property owners in the borough, fostering a vibrant and sustainable environment for commerce.

By promoting collaboration among local businesses, Keyport Bid Inc enhances community engagement and encourages economic development. This not only benefits entrepreneurs and their enterprises but also improves the overall quality of life for residents by creating job opportunities, attracting visitors, and enhancing community pride. The organization's commitment to revitalization initiatives helps ensure that Keyport remains an appealing destination for both commerce and community life.




This information is meant to be a general summary of Keyport Bid 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
$176,288 (2021)
Expenses
$137,448 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $1,155
  • Gross Receipts: $176,288

Assets and Liabilities:

  • Total Assets: $199,837
  • Total Liabilities: $19,357
  • Net Assets: $180,480

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Programs

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

AUTO SHOW

Revenue

$1,155

Organization Details

Principal Officer

Lawrence Vecchio

Main Address

70 W FRONT ST, KEYPORT, NJ, 07735

NTEE Category

Code: S30 - Community improvement

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