Overview
What is Metuchen Downtown Alliance A Nj Nonprofit Corporation?
The Metuchen Downtown Alliance NJ Nonprofit Corporation is a volunteer-led, non-profit organization, headquartered at 10 Station Place 3, Metuchen, NJ 08840. The primary objective of this alliance is to bolster the economic health of the designated business district, promote growth and revitalization among its members, increase public awareness of member businesses, facilitate collaboration among members, residents, local government, and public institutions, and foster positive relations between members and the general public. The organization operates independently, but cooperates with other public and private entities, and its mission is to revitalize and promote the Metuchen business district. Despite being a small organization, employing only one individual, the Metuchen Downtown Alliance remains dedicated to its cause.
Official website here: www.downtownmetuchen.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 75% (Three-Star out of Four Star rating)
The Metuchen Downtown Alliance has achieved a Three-Star rating, indicating a moderate level of trustworthiness and effectiveness in its operations. The rating is primarily based on its Accountability & Finance score, which reflects a solid commitment to good governance and financial management. Notably, the organization boasts a fully independent board and scores well on various financial oversight measures, demonstrating a strong commitment to transparency.
Strengths of the Metuchen Downtown Alliance include a complete independent board and high program expense ratio, indicating that a significant portion of its funds is directed toward its mission-driven activities. The organization also maintains thorough financial statements and adheres to essential policies such as conflict of interest and asset management, which enhances its credibility.
Despite these strengths, there are some notable limitations. The organization lacks a whistleblower policy, document retention and destruction policy, and has not posted board meeting minutes, which could raise concerns about internal governance practices. Additionally, a high liabilities to assets ratio may indicate a need for improved financial stability. Overall, while the Alliance exhibits many positive attributes, addressing these gaps could enhance its effectiveness and reputation.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Metuchen Downtown Alliance A Nj Nonprofit Corporation?
94% of 23 reviewers on Facebook recommend the Metuchen Downtown Alliance. Here is a summary of their reviews:
Many reviewers express enthusiasm about the vibrant atmosphere of Metuchen, highlighting the variety of activities and dining options available. The community-focused initiatives and events organized by the alliance are appreciated, creating a lively environment for both residents and visitors alike.
Overall, the sentiment is overwhelmingly positive, with users enjoying the sense of community and the offerings of the town. The nonprofit appears to effectively contribute to the local culture, making it a valued part of Metuchen.
This AI summary has been generated from reviews found on Facebook.
Is Metuchen Downtown Alliance A Nj Nonprofit Corporation legitimate?
Metuchen Downtown Alliance A Nj Nonprofit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Metuchen Downtown Alliance A Nj Nonprofit 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $88,699
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.downtownmetuchen.org
What is the mission statement of Metuchen Downtown Alliance A Nj Nonprofit Corporation?
The Metuchen Downtown Alliance is a non-profit organization dedicated to promoting and revitalizing a specific business district. Operating as a volunteer-based downtown management corporation, its primary mission is to boost the economic vitality of the district, encourage growth and revitalization among its members, increase public awareness of the businesses, facilitate cooperation among its members, residents, and local government, and foster goodwill between the members and the public. The alliance operates independently but collaborates with other entities to achieve its goals.
Official website here: www.downtownmetuchen.org
Who is the CEO of Metuchen Downtown Alliance A Nj Nonprofit Corporation?
Isaac D Kremer is the Principal Officer of Metuchen Downtown Alliance A Nj Nonprofit Corporation.
Official website here: www.downtownmetuchen.org
What is the revenue of Metuchen Downtown Alliance A Nj Nonprofit Corporation?
Metuchen Downtown Alliance A Nj Nonprofit Corporation's revenue in 2022 was $636,875.
Official website here: www.downtownmetuchen.org
Who are the executives of Metuchen Downtown Alliance A Nj Nonprofit Corporation and what are their salaries?
The average compensation at Metuchen Downtown Alliance A Nj Nonprofit Corporation during 2022 was $88,699. There is 1 employee and 142 volunteers at Metuchen Downtown Alliance A Nj Nonprofit Corporation.
Here are 15 key members and their salaries:
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Official website here: www.downtownmetuchen.org
Where can I find the form 990 for Metuchen Downtown Alliance A Nj Nonprofit Corporation?
Metuchen Downtown Alliance A Nj Nonprofit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.downtownmetuchen.org
Learn more at the official website: www.downtownmetuchen.org
Mission Statement of Metuchen Downtown Alliance A Nj Nonprofit Corporation
The Metuchen Downtown Alliance, a volunteer-based, non-profit organization, is dedicated to the promotion and revitalization of a specific business district. This corporation operates with a mission to manage and lead in the promotion of the district's economic vitality.
In pursuit of this goal, the Metuchen Downtown Alliance works towards growing its Full Member businesses and revitalizing the district. It strives to increase public awareness of these businesses and fosters cooperation among Full Members, residents, the municipal government, and other public institutions. The organization also aims to cultivate goodwill between Full Members and the general public, operating independently yet cooperating with other entities.
In addition, the Metuchen Downtown Alliance facilitates communication and collaboration among its Full Members, aiming to enhance the district's overall appeal and vitality. It operates as a non-partisan and non-sectarian entity, working towards the betterment of the district while maintaining a cooperative relationship with various public and private entities.
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Impact
July, 2024
The Metuchen Downtown Alliance plays a crucial role in promoting the economic vitality and growth of the designated business district in Metuchen. Through its volunteer-based efforts, the Alliance works to revitalize the area, enhance public awareness of local businesses, foster cooperation among stakeholders, and build goodwill within the community. This proactive approach helps create a vibrant and thriving downtown environment that benefits both businesses and residents in Metuchen.
This information is meant to be a general summary of Metuchen Downtown Alliance A Nj Nonprofit Corporation. 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 2022.
- Gross Receipts: $636,875
Assets and Liabilities:
- Total Assets: $42,072
- Total Liabilities: $206,497
- Net Assets: -$164,425
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Organization Details
Founding Year
2016
Phone
(732) 515-9660Principal Officer
Isaac D Kremer
Main Address
10 Station Place 3, Metuchen, NJ, 08840
Website
www.downtownmetuchen.orgNTEE Category
Code: C50 - Environment
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