TOMS RIVER BUSINESS DEVELOPMENT CORPORATION
AI Summary
The Toms River Business Development Corporation is a nonprofit organization focused on community improvement, specifically aimed at enhancing the economic viability of the downtown Toms River business district. Established under a supplement to the Code of the Township of Toms River, the organization operates with an annual budget of $417.8K and total revenue of $411.2K for the 2024 filing year. It does not rely on a single funder for more than 50% of its revenue, ensuring a diversified funding base to support its mission. For more information, visit www.downtowntomsriver.com.
Mission Statement
THE ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES ARE TO ENHANCE THE ECONOMIC VIABILITY OF THE DOWNTOWN TOMS RIVER BUSINESS DISTRICT. THE ORGANIZATION WAS ESTABLISHED BY A SUPPLEMENT TO THE :CODE OF THE TOWNSHIP OF TOMS RIVER" ADDING CHAPTER 440, SPECIAL IMPROVEMENT DISTRICT DESIGNATED AND DISTRICT MANAGEMENT CORPORATION ESTABLISHED.
Cause Areas
1
Community improvement
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is TOMS RIVER BUSINESS DEVELOPMENT CORPORATION’s budget?
In 2024, TOMS RIVER BUSINESS DEVELOPMENT CORPORATION reported an annual operating budget of around $418 thousand. More detailed financial information is available to registered users.
What causes does TOMS RIVER BUSINESS DEVELOPMENT CORPORATION support?
TOMS RIVER BUSINESS DEVELOPMENT CORPORATION supports work in Community improvement.
Where does TOMS RIVER BUSINESS DEVELOPMENT CORPORATION operate?
TOMS RIVER BUSINESS DEVELOPMENT CORPORATION is headquartered in Toms River, NJ.
Who funded TOMS RIVER BUSINESS DEVELOPMENT CORPORATION recently?
In 2023, TOMS RIVER BUSINESS DEVELOPMENT CORPORATION received grants from NEW JERSEY NATURAL GAS COMPANY CHARITY INC, CAPODAGLI CHARITABLE FOUNDATION A NJ NONPROFIT CORPORATION, and NEW JERSEY NATURAL GAS COMPANY CHARITY INC. More information on this organization’s funders is available to registered users.
What is the largest grant TOMS RIVER BUSINESS DEVELOPMENT CORPORATION received in 2023?
The largest grant to TOMS RIVER BUSINESS DEVELOPMENT CORPORATION in 2023 exceeds $5,000.
What is TOMS RIVER BUSINESS DEVELOPMENT CORPORATION’s reliance on government grants?
TOMS RIVER BUSINESS DEVELOPMENT CORPORATION relied on government grants for more than 5% of their total revenue in 2024.