NonprofitsElizabeth Development Company Of New Jersey

Community Improvement & Capacity Building

Elizabeth Development Company Of New Jersey

ELIZABETH, NJ

Total revenue

$1.2M

Total expenses

$2.8M

Net assets

$15.6M

Grants received

$49K

4 grants

EIN

222164287

Tax year

2023

Mission

Job creation, attracting & retaining businesses and other economic development activities by providing grants and below-market rate loan programs through Urban Enterprise

Financials

FY 2023

Revenue

Contributions & grants$715K
Program service revenue$363K
Investment income$115K
Other revenue
Total revenue$1.2M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$1.6M
Total expenses$2.8M
Total assets$20.8M
Net assets$15.6M

People

22 listed

NameRoleCompensation

Marty Borruso

Chairperson

Board

2 hrs/wk

Kate Kerpchar

Vice Chairperson

Board

2 hrs/wk

Angel Cabrera

Treasurer

Board

2 hrs/wk

Amy Crisp Wagner

Secretary

Board

2 hrs/wk

Gregory Waga

Immediate Past President

Board

2 hrs/wk

Bridget Anderson

Member

Board

2 hrs/wk

Mary Arias

Member

Board

2 hrs/wk

Matt Beyerstedt

Member

Board

2 hrs/wk

Laura Ciraco

Member

Board

2 hrs/wk

Jennifer Costa

Member

Board

2 hrs/wk

Amy Gellert Lebovitz

Member

Board

2 hrs/wk

Dave Gibbons

Member

Board

2 hrs/wk

Ana Liranzo

Member

Board

2 hrs/wk

Dr Margaret McMenamin

Member

Board

2 hrs/wk

Marcy Metz

Member

Board

2 hrs/wk

Julio Sabater

Member

Board

2 hrs/wk

Theresa Pereira

Member

Board

2 hrs/wk

C Thomas Petit

Member

Board

2 hrs/wk

William O'Dea

Executive Director

Staff

$168K

35 hrs/wk

Brenda McRae

Deputy Exec. Director of Finance and Admin

Staff

$130K

35 hrs/wk

Edgar Lopez

Director of Neighborhood Revitalization

Staff

$111K

35 hrs/wk

Daniel Devanney

Dir UEZ & Financial Programs

Staff

$102K

35 hrs/wk

Grants received

Showing 4 of 4

FromAmountPurposeYear
$10K
EXPANDED WORKFORCE DEVELOPMENT SERVICES
2024
$16K
Assist in covering some of the costs of activities directly benefiting the funding workforce development in Union and Essex counties
2023
$10K
EXPANDED WORKFORCE DEVELOPMENT SERVICES
2023

Funded by

$49K from 3 funders · 4 grants · 2020–2024

Citizens Philanthropic Foundation Inc

$20K · 2 grants · 2023–2024

UCSB Charitable Foundation Inc

$16K · 1 grant · 2023

Details

EIN222164287
NTEE codeS300
Subsection03
Ruling date1987-02
Formed1977
Employees18
Volunteers23
ELIZABETH DEVELOPMENT COMPANY OF NEW JERSEY — Mission, Financials & Grants Received | Grantivo