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Newark Alliance Inc

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

EIN: 223664305 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Newark Alliance Inc?

Newark Alliance Inc is a prominent nonprofit organization based in Newark, New Jersey, with a workforce of 13 individuals. Their primary mission is to revitalize Newark into a more prosperous and secure city for work, residence, education, recreation, and business. They achieve this by collaborating with corporate and community partners, utilizing Newark's competitive resources to stimulate economic growth on a city, state, regional, and national scale. The Alliance has been successful in fostering partnerships with key stakeholders to address critical issues, ultimately advancing Newark's renaissance, aiming to enhance economic conditions and public education in New Jersey's largest city.


Official website here: www.newark-alliance.org

Is Newark Alliance Inc legitimate?

Newark Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Newark Alliance Inc 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: $265,402
Professional Fundraising Fees: $0
Other Salaries and Wages: $875,216

For more financial information, click here


Official website here: www.newark-alliance.org

What is the mission statement of Newark Alliance Inc?

The Newark Alliance Inc, established by prominent corporate leaders, has a mission to collaborate in improving Newark as a safer and better place for various activities such as work, living, learning, playing, and doing business. Since its inception in 1999, the organization has focused on creating partnerships with key stakeholders to address priority issues, aiming to enhance economic conditions and public education in Newark, the state's largest city. Newark Alliance is a prominent nonprofit organization committed to the ongoing economic revitalization of the city, striving to transform it into a more secure and prosperous environment for its residents and businesses. With the support of corporate and community partners, the Alliance has effectively leveraged Newark's competitive assets to stimulate economic growth not only for the city but also for the state, region, and beyond. Through innovative partnerships with key stakeholders, the Alliance has developed creative solutions and supported major citywide initiatives.


Official website here: www.newark-alliance.org

Who is the CEO of Newark Alliance Inc?

Evan Weiss is the President/Ceo (Ex-Officio) of Newark Alliance Inc. The CEO's salary of Newark Alliance Inc is $248,817 and their total compensation is $265,402.


Official website here: www.newark-alliance.org

What is the revenue of Newark Alliance Inc?

Newark Alliance Inc's revenue in 2022 was $4,232,490.


Official website here: www.newark-alliance.org

Who are the executives of Newark Alliance Inc and what are their salaries?

The average compensation at Newark Alliance Inc during 2022 was $87,740. There are 13 employees and 6 volunteers at Newark Alliance Inc.

Here are 11 key members and their salaries (Newark Alliance Inc's CEO's salary is $248,817 and their total compensation is $265,402):

    Evan Weiss (President/Ceo (Ex-Officio))
  • Compensation: $248,817
  • Related: $0
  • Other: $16,585

    • Della Walker Jr (Director)
  • Compensation: $169,868
  • Related: $0
  • Other: $6,307

    • Kaili Sanderson (Director)
  • Compensation: $134,490
  • Related: $0
  • Other: $30,760

    • Sibusisiwe Malaba (Director)
  • Compensation: $138,329
  • Related: $0
  • Other: $14,249

    • Kaleena Berryman (Director)
  • Compensation: $123,804
  • Related: $0
  • Other: $20,387

    • Mr Dennis M Bone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Lata Reddy (Chair - Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr John Schreiber (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Richard Dunn (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ms Suzanne Spero (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Abhinav Mathur (Board Member (Thru 07/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newark-alliance.org

    Where can I find the form 990 for Newark Alliance Inc?

    The Newark Alliance Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newark-alliance.org

    Learn more at the official website: www.newark-alliance.org

    Mission Statement of Newark Alliance Inc

    Newark Alliance Inc, a non-profit organization established by leading corporate figures, is committed to collaborating with key stakeholders to enhance the quality of life in Newark. Since its inception in 1999, the organization has focused on addressing critical issues that contribute to the city's revitalization. The ultimate goal is to improve economic conditions and public education, aiming to transform Newark into a safer and more conducive environment for work, learning, play, and business.

    With the support of both corporate and community partners, Newark Alliance Inc has effectively leveraged the city's competitive assets to stimulate economic growth not only for Newark but also for the state, region, and beyond. Through innovative partnerships, the organization has developed creative solutions and played a significant role in supporting major citywide initiatives. These initiatives have been instrumental in addressing the city's pressing needs and contributing to its overall development.

    Impact

    This information is meant to be a general summary of Newark Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Newark Alliance Inc's impact is significant in driving economic revitalization and transformation in Newark. By forging innovative partnerships with key stakeholders, the organization has successfully leveraged the city's competitive assets to generate economic growth not only for Newark but also for the state, region, and beyond. Through its initiatives, Newark Alliance is playing a pivotal role in making the city a better and safer place to work, live, learn, play, and do business. Its proactive approach and dedication to advancing Newark's revitalization are instrumental in propelling the city forward as one of America's great cities.





    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: $2,647
  • Program Service Revenue: $0
  • Gross Receipts: $4,232,490

    • Assets and Liabilities:
  • Total Assets: $5,683,238
  • Total Liabilities: $1,218,322
  • Net Assets: $4,464,916
  • Organization Details

    Founding Year

    1999

    Principal Officer

    Evan Weiss

    Main Address

    60 PARK PLACE 604, NEWARK, NJ, 07102

    NTEE Category

    Code: T123 - Philanthropy

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