Advance Realty Foundation Inc
- Assets
- $22.9k
- Revenue
- $4.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bedminster, NJ
- Founding
- 10/1987
- Data as of
- 12/2022
- EIN
- 22-2790422
Organization Overview
Advance Realty Foundation Inc is located in Bedminster, NJ. The organization was established in 1987. According to its NTEE Classification (S47) the organization is classified as: Real Estate Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Advance Realty Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Advance Realty Foundation Inc generated $4.0 in total revenue. All expenses for the organization totaled $19.2k during the year ending 12/2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter J Cocoziello President P/t | 0 | $0 | |
Sharon Cocoziello Trustee P/t | 0 | $0 | |
Kurt Padavano Trustee P/t | 0 | $0 | |
Allan Hofmann Treasurer P/t | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $41 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $181 |
| Total operating and administrative expenses | $222 |
| Contributions, gifts, grants paid | $19,000 |
| Total expenses and disbursements | $19,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $22,934 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,934 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $15,000 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,000 |
Grants Awarded
Over the last fiscal year, Advance Realty Foundation Inc has awarded $34,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE SCHOLARSHIP FUND FOR INNER CITY CHILDREN PURPOSE: PROGRAM SERVICE | $2,500 |
ALL STARS PROJECT INC PURPOSE: PROGRAM SERVICE | $7,500 |
COMMUNITY FOOD BANK NJ PURPOSE: PROGRAM SERVICE | $2,500 |
TRI COUNTY SCHOLARSHIP FUND PURPOSE: PROGRAM SERVICE | $1,000 |
HACKENSACK MERIDIAN HEALTH FOUNDATION PURPOSE: PROGRAM SERVICE | $500 |
NJ LACROSSE FOUNDATION PURPOSE: PROGRAM SERVICE | $5,000 |