JERSEY CITY ECONOMIC DEVELOPMENT CORP
AI Summary
JERSEY CITY ECONOMIC DEVELOPMENT CORP is a Jersey City-based nonprofit focused on urban development and community improvement, with a mission to promote industrial, commercial, and economic development in the city to expand employment opportunities and broaden the tax base. In filing year 2024, it reported an operating budget of $4.1M and total revenue of $3.8M, with support from funders including JPMORGAN CHASE FOUNDATION, SUEZ NORTH AMERICA FOUNDATION INC, DONOR ADVISED CHARITABLE GIVING INC, THE GOLDMAN SACHS CHARITABLE GIFT FUND, and PGA TOUR INC.
Mission Statement
TO PROMOTE, ENCOURAGE AND ASSIST IN THE INDUSTRIAL, COMMERCIAL AND ECONOMIC DEVELOPMENT OF THE CITY OF JERSEY CITY, THEREBY INCREASING THE COMMERCIAL/TRADE OF THE CITY CREATING GREATER EMPLOYMENT OPPORTUNITIES AND BROADENING THE TAX BASE.
Cause Areas
2
Community improvement
Urban development
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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 JERSEY CITY ECONOMIC DEVELOPMENT CORP’s budget?
In 2024, JERSEY CITY ECONOMIC DEVELOPMENT CORP reported an annual operating budget of around $4.1 million. More detailed financial information is available to registered users.
What causes does JERSEY CITY ECONOMIC DEVELOPMENT CORP support?
JERSEY CITY ECONOMIC DEVELOPMENT CORP supports work in Community improvement and Urban development.
Where does JERSEY CITY ECONOMIC DEVELOPMENT CORP operate?
JERSEY CITY ECONOMIC DEVELOPMENT CORP is headquartered in JERSEY CITY, NJ.
Who funded JERSEY CITY ECONOMIC DEVELOPMENT CORP recently?
In 2023, JERSEY CITY ECONOMIC DEVELOPMENT CORP received grants from STAR LITE INC A NONPROFIT, PGA TOUR INC, and SUEZ NORTH AMERICA FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant JERSEY CITY ECONOMIC DEVELOPMENT CORP received in 2023?
The largest grant to JERSEY CITY ECONOMIC DEVELOPMENT CORP in 2023 exceeds $15 thousand.
What is JERSEY CITY ECONOMIC DEVELOPMENT CORP’s reliance on government grants?
JERSEY CITY ECONOMIC DEVELOPMENT CORP relied on government grants for more than 95% of their total revenue in 2024.