Lakewood Development Corporation

Lakewood Development Corporation, situated in Lakewood, New Jersey, is a nonprofit organization established by the local township with a mission to foster, encourage, and aid the industrial, commercial, and economic growth within Lakewood's Urban Enterprise Zone. This nonprofit's primary objective is to create jobs and enhance property values in the designated zone. Their initiatives encompass various projects, such as the renovation and repairs of the Strand Theater, the redevelopment of Franklin Street, and a Business Assistance Initiative, which includes Business-to-Business networking events. The corporation aims to strengthen the economic landscape of the Urban Enterprise Zone, contributing positively to the Lakewood community.

Lakewood Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lakewood 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: $228,845

For more financial information, click here

The Lakewood Development Corporation, established by the township, is dedicated to fostering, encouraging, and aiding the industrial, commercial, and economic growth within its urban enterprise zone. Their primary goal is to stimulate job creation and enhance property development within this zone. The corporation's activities encompass a range of services, including supporting renovations and repairs at the Strand Theater, facilitating Franklin Street redevelopment, and offering business assistance initiatives, such as business-to-business networking.

Abraham Muller is the Trustee of Lakewood Development Corporation.

Lakewood Development Corporation's revenue in 2022 was $2,074,456.

The average compensation at Lakewood Development Corporation during 2022 was $76,282. There are 3 employees at Lakewood Development Corporation.

Here are 8 key members and their salaries:

The Lakewood Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here