Fund For A Better Waterfront Inc
- Assets
- $98.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoboken, NJ
- Founding
- 03/1992
- Data as of
- 12/2022
- EIN
- 22-3114546
Organization Overview
Fund For A Better Waterfront Inc is located in Hoboken, NJ. The organization was established in 1992. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., 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. Fund For A Better Waterfront 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, Fund For A Better Waterfront Inc generated $115.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $95.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SECURING A PUBLIC WATERFRONT: FBW HAS ENGAGED IN ADVOCACY TO SECURE A FORMER BARGE REPAIR FACILITY FOR A PUBLIC PARK THUS HELPING TO COMPLETE A CONTIGUOUS PARK ALONG THE WATER'S EDGE FOR MOST OF HOBOKEN'S WATERFRONT. THE SUCCESS OF THIS PROJECT WOULD BENEFIT THOUSANDS OF PEOPLE WHO WOULD USE THE SPACDE ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Valenta Chair | 15 | $0 | |
Janini Berger Vice Chair | 2 | $0 | |
Nicholas Borg Treasurer | 2 | $0 | |
Carrow Thibault Secretary | 2 | $0 | |
Ines Garcia Keim Trustee | 1 | $0 | |
Gary Hindes Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,079 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $31,422 |
| Other Revenue | $0 |
| Total Revenue | $115,501 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $65,243 |
| Professional fees and other payments to independent contractors | $3,611 |
| Occupancy, rent, utilities, and maintenance | $9,439 |
| Printing, publications, postage, and shipping | $6,940 |
| Other expenses | $10,544 |
| Total expenses | $95,777 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,097 |
| Other assets | $0 |
| Total assets | $98,097 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,097 |