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Somerset County Business Partnership Foundation

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

EIN: 223629078 ✦ Bridgewater, NJ ✦ Designated as a 501(c)(3)

Overview

What is Somerset County Business Partnership Foundation?

The Somerset County Business Partnership Foundation is a nonprofit organization situated in Bridgewater, New Jersey. With a strong commitment to fostering business growth and sustainability, they offer a variety of resources to their members and the wider business community. These resources include networking opportunities, educational events, and educational services. Their primary mission is to establish robust connections between public, private, and business sector partners, aiming to craft a thriving and long-lasting future. Their key program areas cover member services, tourism, and economic development, contributing positively to the prosperity of Somerset County.


Official website here: www.scbp.org

Is Somerset County Business Partnership Foundation legitimate?

Somerset County Business Partnership Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Somerset County Business Partnership Foundation 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: $175,157
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.scbp.org

What is the mission statement of Somerset County Business Partnership Foundation?

The Somerset County Business Partnership Foundation aims to foster strong connections between its public, private partners, members, and the business community. Their mission is geared towards establishing a prosperous and sustainable future for all. The organization offers a variety of business resources, including networking events and educational services, to its members and the local business community. Their primary focus areas include member services, tourism, and economic development.


Official website here: www.scbp.org

Who is the CEO of Somerset County Business Partnership Foundation?

Chris Edwards is the Chairperson of Somerset County Business Partnership Foundation. The CEO's salary of Somerset County Business Partnership Foundation is $0 and their total compensation is $137,513.


Official website here: www.scbp.org

What is the revenue of Somerset County Business Partnership Foundation?

Somerset County Business Partnership Foundation's revenue in 2022 was $959,404.


Official website here: www.scbp.org

Who are the executives of Somerset County Business Partnership Foundation and what are their salaries?

Here are 6 key members and their salaries (Somerset County Business Partnership Foundation's CEO's salary is $0 and their total compensation is $137,513):

    Chris Edwards (President & Ceo)
  • Compensation: $0
  • Related: $137,513
  • Other: $0

    • Edward Dolan (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chris Zarelli (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Audris Francis (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Elliott (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Catherine Rickner (Immediate Past Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.scbp.org

    Where can I find the form 990 for Somerset County Business Partnership Foundation?

    The Somerset County Business Partnership Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.scbp.org

    Learn more at the official website: www.scbp.org

    Mission Statement of Somerset County Business Partnership Foundation

    The Somerset County Business Partnership Foundation is dedicated to fostering strong connections between its public, private, and business partners with the objective of establishing a flourishing and sustainable future. Their mission is centered around building a cohesive network among these entities, aiming to drive prosperity and growth in the business community. The organization offers a variety of resources to its members and the wider business community, including networking events and educational services, focusing on three primary areas: member services, tourism, and economic development.

    Impact

    This information is meant to be a general summary of Somerset County Business Partnership Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Somerset County Business Partnership Foundation's impact is felt through the creation of vibrant connections among public/private partners, members, and the business community. Through its wide range of business resources, including networking and educational events, the foundation plays a crucial role in enabling the building of a prosperous and sustainable future for Somerset County. With a focus on member services, tourism, and economic development, the foundation actively works towards community improvement in Bridgewater, NJ.





    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 2022.

  • Investment Income: $0
  • Program Service Revenue: $350,253
  • Gross Receipts: $959,404

    • Assets and Liabilities:
  • Total Assets: $54,044
  • Total Liabilities: $303,082
  • Net Assets: -$249,038
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Projects and Events

    Revenue

    $350,253

    Organization Details

    Founding Year

    2002

    Principal Officer

    Chris Edwards

    Main Address

    360 GROVE STREET, BRIDGEWATER, NJ, 08807

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Somerset County Business Partnership Foundation 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.