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The Fort Lee District Management Corporation Inc

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

EIN: 465136572 ✦ Fort lee, NJ ✦ Designated as a 501(c)(3)

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Overview

What is The Fort Lee District Management Corporation Inc?

The Fort Lee District Management Corporation Inc, based in Fort Lee, New Jersey, is a nonprofit organization collaborating with the Borough of Fort Lee. Their primary mission is to revitalize and promote the Main Street shopping corridor, aiming to create an attractive environment for both residents and visitors. By fostering a vibrant community experience, they aim to support local retailers and encourage growth. Their activities involve marketing and promotional activities to boost business and engage stakeholders within the district.


Official website here: www.bdaftlee.com

What do the Facebook reviews say about The Fort Lee District Management Corporation Inc?

92% of reviewers recommend The Fort Lee District Management Corporation Inc based on their feedback. Here is a summary of their thoughts:

Several users expressed disappointment with certain aspects of the programs offered, notably citing issues with a rewards system tied to events. One reviewer described their experience as a "SCAM" due to a lack of communication with businesses accepting the rewards, leading to frustration. This suggests that while the overall sentiment leans positively, there are areas of concern related to the execution of their initiatives.

Despite the highlighted issues, the majority of reviewers still show a willingness to recommend the organization, indicating that many appreciate the efforts being made and the intention behind the events. Overall, while there's a positive response overall, the nonprofit might benefit from improved communication with participating businesses to enhance user experiences.


This AI summary has been generated from reviews found on Facebook.

Is The Fort Lee District Management Corporation Inc legitimate?

The Fort Lee District Management Corporation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fort Lee District Management Corporation 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: $0

For more financial information, click here


Official website here: www.bdaftlee.com

What is the mission statement of The Fort Lee District Management Corporation Inc?

The Fort Lee District Management Corporation Inc, in partnership with an unspecified borough, operates as a non-profit organization with a mission to revitalize and promote a main street shopping corridor. Their objective is to create an environment that encourages shopping and living, fostering the growth and success of retailers. They aim to achieve this by establishing a vibrant community experience that appeals to both visitors and local residents alike.


Official website here: www.bdaftlee.com

Who is the CEO of The Fort Lee District Management Corporation Inc?

Romina Starace is the Director of The Fort Lee District Management Corporation Inc.


Official website here: www.bdaftlee.com

What is the revenue of The Fort Lee District Management Corporation Inc?

The Fort Lee District Management Corporation Inc's revenue in 2021 was $686,189.


Official website here: www.bdaftlee.com

Who are the executives of The Fort Lee District Management Corporation Inc and what are their salaries?

There 16 volunteers at The Fort Lee District Management Corporation Inc.


Here are 16 key members and their salaries:


Ken Bruno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Councilman Joseph Cervieri (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalie Chape (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Clores (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Lo Conte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Glennon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kiky Kim (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Sagrastano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Councilman Harvey Sohmer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayor Mark Sokolich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Yook (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Beyer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Liu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Patti (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Romina Starace (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bdaftlee.com

Where can I find the form 990 for The Fort Lee District Management Corporation Inc?

The Fort Lee District Management Corporation Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.bdaftlee.com

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

Mission Statement of The Fort Lee District Management Corporation Inc

The Fort Lee District Management Corporation Inc, a non-profit organization, partners with the Borough of Fort Lee to revitalize and promote the main street shopping corridor. Their primary objective is to create an environment that encourages both living and shopping, enabling retailers to thrive. They aim to achieve this by fostering a vibrant community experience, appealing to both visitors and residents alike. In essence, their mission is to revitalize the shopping district, making it an attractive and thriving space for both businesses and the community.

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Impact




October, 2024

The Fort Lee District Management Corporation Inc plays a crucial role in revitalizing and promoting the Main Street shopping corridor in Fort Lee, NJ. By fostering a supportive environment for businesses, it enhances the community's economic vitality and attractiveness. Through targeted marketing and promotional activities, the organization boosts the visibility of local retailers, encouraging both residents and visitors to shop and engage more with the area.

This initiative not only aids individual retailers in their growth and success but also enriches the overall community experience. By creating a vibrant atmosphere where people wish to live, shop, and socialize, the Fort Lee District Management Corporation cultivates an inviting space that benefits everyone—residents enjoy a lively community, while businesses thrive, leading to greater economic stability for the region.




This information is meant to be a general summary of The Fort Lee District Management Corporation 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
$686,189 (2021)
Expenses
$621,683 (2021)
Efficiency

Other financial information:

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

  • Investment Income: $3,254
  • Program Service Revenue: $682,935
  • Gross Receipts: $686,189

Assets and Liabilities:

  • Total Assets: $600,000
  • Total Liabilities: $0
  • Net Assets: $600,000

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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

$682,935

Organization Details

Founding Year

2014

Principal Officer

Romina Starace

Main Address

208 MAIN STREET 3RD FL, FORT LEE, NJ, 07024

NTEE Category

Code: S20 - Community improvement

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