Nj Edge Net Inc

Organization Overview

Nj Edge Net Inc is located in Newark, NJ. The organization was established in 2001. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2022, NJ Edge Net Inc employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. NJ Edge Net 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 06/2022, NJ Edge Net Inc generated $12.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $13.5m during the year ending 06/2022. While expenses have increased by 8.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NJEDGE.NET SUPPORTS NEW JERSEY'S RESEARCH AND EDUCATION COMMUNITY, AS WELL AS GOVERNMENT AND INDUSTRY PARTNERSHIPS, WITH ITS DEPLOYMENT OF A REGIONAL OPTICAL NETWORK PROVIDING STATEWIDE BROADBAND ACCESS AND STATE OF THE ART EMERGING TECHNOLOGIES TO ENRICH THE EDUCATIONAL AND RESEARCH MISSIONS OF ITS MEMBERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NJEDGE.NET PROCURES, OPERATES AND MANAGES A STATE-WIDE NETWORK SOLELY ON BEHALF OF EDUCATIONAL AND RESEARCH INSTITUTIONS IN NJ. THIS IS A 24/7, YEAR-ROUND OPERATION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$552,690
Fundraising events$0
Related organizations$0
Government grants $589,641
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,142,331
Total Program Service Revenue$11,497,598
Investment income $830
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $12,640,759

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