Overview

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Est.

2012

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Greater Newark Tourism Improvement District Management Corporation is a nonprofit organization focused on economic development and business promotion in Newark, New Jersey. With an operating budget of $2.2 million and total revenue of $2.4 million for the 2024 filing year, its mission is to market and develop the Greater Newark region as a year-round overnight destination for the economic benefit of Newark and its surrounding areas. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit their website at www.newarkhappening.com.

Mission Statement

TO MARKET AND DEVELOP THE GREATER NEWARK REGION AS A YEAR ROUND OVERNIGHT DESTINATION FOR THE ECONOMIC BENEFIT OF NEWARK,NJ AND THE SURROUNDING REGION.
Revenues
$2.4M
Expenses
$2.2M
Net Income:
+$199.5K
Assets
$1.9M
Liabilities
$87.1K
Net Assets:
+$1.8M
Operating Budget
$2.2M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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R
Ricardo Salazar
Board Member
M
Melvin Waldrop
Board Member
T
Tony Vaughn
Board Member

Frequently Asked Questions

What is GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION’s budget?
In 2024, GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION reported an annual operating budget of around $2.2 million. More detailed financial information is available to registered users.
What causes does GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION support?
GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION supports work in Economic development and Business promotion.
Where does GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION operate?
GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION is headquartered in Newark, NJ.
What is GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION’s reliance on government grants?
GREATER NEWARK TOURISM IMPROVEMENT DISTRICT MANAGEMENT CORPORATION relied on government grants for more than 15% of their total revenue in 2024.