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Vineland Development Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 205188780 ✦ Vineland, NJ ✦ Designated as a 501(c)(3)

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?
Who is the CEO of Vineland Development Corporation?
What is the revenue of Vineland Development Corporation?
Who are the executives of Vineland Development Corporation and what are their salaries?
Where can I find the form 990 for Vineland Development Corporation?

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.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $238,326
  • Program Service Revenue: $3,172,401
  • Gross Receipts: $7,183,900

    • Assets and Liabilities:
  • Total Assets: $81,251,438
  • Total Liabilities: $673,279
  • Net Assets: $80,578,159
  • 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

    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.