Daffy

Ironbound Business Improvement District Management Corporation

Ironbound Business Improvement District Management Corporation

Newark, NJ 071052204
Tax ID22-3768103

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By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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About this organization

Revenue

$1,405,818

Expenses

$1,149,961

Mission

Special improvement district (SID) corp

About

Various community services public relations & street cleaning

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The ironbound business improvement district management corp. is organized and shall be operated exclusively for charitable and educational purposes, within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended, and the regulations thereunder as they may hereafter be amended to serve as the district management corporation for the ironbound special improvement district provision pursuant to n.j.s.a. 40:56-65 et seq.”.

When referring to its actions, they were outlined as: “Special improvement district (sid) corp”.

  • The non-profit has complied with legal obligations by reporting their state of operation as NJ.
  • The non-profit's address in 2020 is noted in the filing as 56 CONGRESS STREET, NEWARK, NJ, 07105.
  • The non-profit's form for 2020 reports a total of 3 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $500,000 and $1,000,000+.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $255,857.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 18 independent voting members.
  • The organization was formed in 2000.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $50,823 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.