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The Newark Partnership Inc

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

EIN: 833741419 ✦ Newark, DE ✦ Designated as a 501(c)(3)

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Overview

What is The Newark Partnership Inc?

The Newark Partnership Inc, located in Newark, Delaware, serves as a nonprofit organization dedicated to enhancing the economic, cultural, aesthetic, environmental, and social aspects of the entire city. With a mission to foster an inclusive and innovative university community, this organization brings together businesses, community institutions, city residents, and students to work towards common goals of enriching the city's prosperity and improving its quality of life. Although the information provided does not specify the number of programs or initiatives, it is clear that The Newark Partnership Inc aims to contribute positively to the city's well-being, employing a team of two dedicated individuals.


Official website here: www.thenewarkpartnership.org

Is The Newark Partnership Inc legitimate?

The Newark Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Newark Partnership 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: $62,475

For more financial information, click here


Official website here: www.thenewarkpartnership.org

What is the mission statement of The Newark Partnership Inc?

The Newark Partnership Inc's mission is centered around leveraging the unique assets of a university community, which includes businesses, community institutions, city residents, and students. They aim to work collectively towards enriching the city's prosperity and improving its quality of life. This is achieved by focusing on economic, cultural, aesthetic, environmental, and social enhancement across the entire city. The organization encourages inclusivity and innovation, fostering a collaborative environment where everyone contributes towards the betterment of the city.


Official website here: www.thenewarkpartnership.org

Who is the CEO of The Newark Partnership Inc?

Tyrone Jones is the Director of The Newark Partnership Inc.


Official website here: www.thenewarkpartnership.org

What is the revenue of The Newark Partnership Inc?

The Newark Partnership Inc's revenue in 2023 was $282,564.


Official website here: www.thenewarkpartnership.org

Who are the executives of The Newark Partnership Inc and what are their salaries?

The average compensation at The Newark Partnership Inc during 2023 was $31,238. There are 2 employees and 25 volunteers at The Newark Partnership Inc.


Here are 16 key members and their salaries:


Olivia Brinton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Coleman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyrone Jones (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Keely (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ladely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Lapata (At Large Off)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Locke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stu Markham (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Matt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Mcbride (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Caitlin Olsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Rich (At Large Off)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Walton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freeman Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Zingaro (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thenewarkpartnership.org

Where can I find the form 990 for The Newark Partnership Inc?

The Newark Partnership Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.thenewarkpartnership.org

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

Mission Statement of The Newark Partnership Inc

The Newark Partnership Inc, as a mission-driven organization, aims to leverage Newark's unique assets as a vibrant university community. It fosters collaboration between businesses, community institutions, city residents, and students, all working towards a shared goal of enhancing the city's prosperity and improving its quality of life. This inclusive and innovative approach encompasses economic, cultural, aesthetic, environmental, and social enhancement of the entire city of Newark. The Newark Partnership Inc serves as a catalyst for transformative change, bringing together diverse sectors to collectively contribute to the betterment of the city and its inhabitants.

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Impact




October, 2024

The Newark Partnership Inc significantly impacts the city of Newark, Delaware, by fostering collaboration among businesses, community institutions, residents, and students. It enhances economic growth by leveraging the university community's unique assets, driving job creation, and supporting local enterprises. Culturally, it enriches the community with events and programs that celebrate diversity and inclusivity. The organization also focuses on the aesthetic and environmental aspects of Newark, promoting initiatives that beautify the city and enhance sustainability. Socially, it strengthens community ties and encourages collective action towards common goals, ultimately contributing to a more vibrant and connected city. Through these multifaceted efforts, The Newark Partnership Inc plays a crucial role in transforming Newark into a thriving, inclusive urban environment.




This information is meant to be a general summary of The Newark Partnership 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
$282,564 (2023)
Expenses
$263,724 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $2,235
  • Program Service Revenue: $4,935
  • Gross Receipts: $282,564

Assets and Liabilities:

  • Total Assets: $222,829
  • Total Liabilities: $3,344
  • Net Assets: $219,485

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Programs

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

MEMBERSHIP DUES

Revenue

$4,935

Organization Details

Founding Year

2018

Principal Officer

Tyrone Jones

Main Address

267 EAST MAIN ST, NEWARK, DE, 19711

NTEE Category

Code: W11 - Public benefit

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