Overview
What is Vineland Development Corporation?
Vineland Development Corporation, based in Vineland, New Jersey, is a nonprofit organization with a mission to stimulate economic growth and development within the city. Their primary function involves providing loans and incentives, acting as a catalyst for the revitalization and redevelopment of Vineland. By encouraging private investment, they aim to foster a thriving economic landscape. The corporation's activities are geared towards assisting in the city's transformation and promoting sustainable development.
Is Vineland Development Corporation legitimate?
Vineland Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vineland Development Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Vineland Development Corporation?
The Vineland Development Corporation's mission is centered around facilitating the revitalization and redevelopment of a city, encouraging private investment, and supporting economic development. They accomplish this by offering financial aid and incentives, aiming to foster economic growth and development within the designated city. Their primary objective is to stimulate investment and development, ultimately contributing to the city's overall economic prosperity.
Who is the CEO of Vineland Development Corporation?
Sandra Forosisky is the Trustee of Vineland Development Corporation.
What is the revenue of Vineland Development Corporation?
Vineland Development Corporation's revenue in 2023 was $5,230,999.
Who are the executives of Vineland Development Corporation and what are their salaries?
- Anthony Fanucci (Trustee)
- Cosmo Giovinazzi (Trustee)
- Antony Thomas (Trustee)
- Paul Spinelli (Trustee)
- Donata Dalesandro (Trustee)
- Safee Chaudhri (Trustee)
- Victor Villar (Trustee)
- Praful Thakkar (Trustee)
- Nicholas Fiocchi (Trustee)
Where can I find the form 990 for Vineland Development Corporation?
The Vineland Development Corporation’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Vineland Development Corporation
Vineland Development Corporation, as a nonprofit organization, is dedicated to aiding in the revitalization and redevelopment of urban spaces. Its primary mission is to stimulate private investment and contribute to economic development within the community. By providing various financial incentives and loans, this organization plays a crucial role in fostering growth and development in the City of Vineland. This commitment to economic progress is a testament to Vineland Development Corporation's dedication to improving the overall well-being and prosperity of the community it serves.
Impact
This information is meant to be a general summary of Vineland Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Vineland Development Corporation has played a crucial role in revitalizing and redeveloping the City of Vineland in New Jersey. By encouraging private investment and providing loans and incentives for economic growth, the corporation has significantly contributed to the city's economic development. Its impact can be seen in the improved infrastructure, increased business opportunities, and overall community improvement in Vineland.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Loan Service Fees
Revenue
$43,675
Loan Interest Income
Revenue
$2,554,871
Bad Debt Recovery on Loans
Revenue
$573,855
Organization Details
Founding Year
2006
Phone
(856) 794-4000
Principal Officer
Sandra Forosisky
Main Address
640 East Wood Street, Vineland, NJ, 08360
NTEE Category
Code: S20 - Community improvement
If you are a representative of Vineland Development Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.