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Choose New Jersey Inc

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

EIN: 272903875 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Choose New Jersey Inc?

Choose New Jersey Inc is a 501(c)(3) economic development organization, strategically positioned in Newark, New Jersey. Their primary focus is to foster economic growth within the state by stimulating job creation and attracting capital investment. They achieve this by working hand-in-hand with governmental entities and local business leaders, targeting specific industries such as innovation & technology, life sciences, clean energy, advanced manufacturing, logistics, and food & agriculture. Their approach includes direct negotiations, business development missions, and participation in national and international trade shows. By offering free, confidential assistance, their knowledgeable staff aims to guide companies in establishing operations within New Jersey, ultimately contributing to the state's overall prosperity.


Official website here: www.choosenj.com

Is Choose New Jersey Inc legitimate?

Choose New Jersey Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Choose New Jersey 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: $716,201
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,490,944

For more financial information, click here


Official website here: www.choosenj.com

What is the mission statement of Choose New Jersey Inc?

Choose New Jersey Inc, a privately funded 501(c)(3) economic development organization, is dedicated to stimulating job creation and attracting capital investment within the United States. The organization promotes New Jersey as an ideal location for business growth, leveraging the expertise of its knowledgeable staff and a network of state agencies and private partners. By providing free, confidential assistance to companies, Choose New Jersey guides them in establishing operations in the state. By harnessing the power of business, labor, academic, and government leaders, Choose New Jersey enables growth across various sectors of the economy, aiming to build a stronger and more prosperous New Jersey for all.


Official website here: www.choosenj.com

Who is the CEO of Choose New Jersey Inc?

Wesley Mathews is the President And Ceo of Choose New Jersey Inc. The CEO's salary of Choose New Jersey Inc is $278,965 and their total compensation is $318,261.


Official website here: www.choosenj.com

What is the revenue of Choose New Jersey Inc?

Choose New Jersey Inc's revenue in 2022 was $8,239,156.


Official website here: www.choosenj.com

Who are the executives of Choose New Jersey Inc and what are their salaries?

The average compensation at Choose New Jersey Inc during 2022 was $84,890. There are 26 employees and 26 volunteers at Choose New Jersey Inc.

Here are 35 key members and their salaries (Choose New Jersey Inc's CEO's salary is $278,965 and their total compensation is $318,261):

    Wesley Mathews (President And Ceo)
  • Compensation: $278,965
  • Related: $0
  • Other: $39,296

    • Jen Lenhardt (Chief Administrative Officer)
  • Compensation: $175,772
  • Related: $0
  • Other: $25,393

    • Catherine Scangarella (Chief Business Development Officer)
  • Compensation: $181,499
  • Related: $0
  • Other: $15,275

    • William Noonan (Business Development Director)
  • Compensation: $123,410
  • Related: $0
  • Other: $16,409

    • Mariel Kokotajlo (Director Of Development)
  • Compensation: $130,500
  • Related: $0
  • Other: $5,289

    • Carly Wronko (Director Of Creative & Digital Marke)
  • Compensation: $125,153
  • Related: $0
  • Other: $10,165

    • Alan Weland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Ostrowsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Braxton Plummer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Charles Lowrey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Colin Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Lynch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eduardo Villa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Enrico Della Corna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary St Hilaire (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Giovanni Caforio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jake Reynolds (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Fakult (Director / Aud & Fin. Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joaquin Duato (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Saraceno (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Clouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Mcdonough (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Renna (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Micheal Reagan (Business Development Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Brzica (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mitchell Livingston (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monica Slater-Stokes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phil Goldfeder (Fundraising & Development Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ralph Larossa (Chairman Of Choose Nj And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Davis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Garrett (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Westhoven (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Polen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.choosenj.com

    Where can I find the form 990 for Choose New Jersey Inc?

    The Choose New Jersey Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.choosenj.com

    Learn more at the official website: www.choosenj.com

    Mission Statement of Choose New Jersey Inc

    Choose New Jersey Inc, a privately funded 501(c)(3) economic development organization, is on a mission to stimulate job creation and attract capital investment to New Jersey. This nonprofit organization positions New Jersey as the ideal location to grow a business within the United States, leveraging the expertise of its knowledgeable and experienced staff, as well as a network of state agencies and private partners. Choose New Jersey provides free, confidential assistance to guide companies in establishing operations in New Jersey, aiming to foster growth across all sectors of the state's economy. By harnessing the power of business, labor, academic, and government leaders, Choose New Jersey aspires to build a stronger and more prosperous New Jersey for all residents.

    Impact

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




    Thursday, August 15, 2024

    Choose New Jersey Inc's impact lies in its ability to stimulate job creation and attract capital investment to New Jersey. By fostering economic growth and nurturing key sectors such as innovation & technology, life sciences, clean energy, advanced manufacturing, logistics, and food & agriculture, Choose New Jersey plays a crucial role in positioning the state as an attractive destination for businesses. Through direct negotiations, economic development missions, and participation in national and international trade shows, the organization effectively communicates the unique value proposition of doing business in the Garden State.

    Additionally, Choose New Jersey's collaborative approach, working with governmental entities, businesses, community groups, and other partners, helps to create a supportive environment for companies looking to establish operations in New Jersey. By leveraging the expertise of its staff and network of resources, including state agencies and private partners, Choose New Jersey provides free and confidential assistance to guide companies through the process of setting up in the state.

    Overall, Choose New Jersey's efforts contribute to building a stronger and more prosperous New Jersey for all residents, showcasing the state as an ideal location for business growth and fostering community improvement.





    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: $36,348
  • Program Service Revenue: $0
  • Gross Receipts: $8,239,156

    • Assets and Liabilities:
  • Total Assets: $10,648,307
  • Total Liabilities: $6,832,526
  • Net Assets: $3,815,781
  • Organization Details

    Founding Year

    2010

    Principal Officer

    Wesley Mathews

    Main Address

    ONE GATEWAY CENTER SUITE 1420, NEWARK, NJ, 07102

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Choose New Jersey Inc 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.