Greater Trenton Inc

Organization Overview

Greater Trenton Inc is located in Trenton, NJ. The organization was established in 2008. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Greater Trenton Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Trenton 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 12/2021, Greater Trenton Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $897.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

BROKER, FOSTER, AND LEVERAGE PRIVATE, PUBLIC, AND COMMUNITY RESOURCES TO ENHANCE AND PROMOTE REDEVELOPMENT INITIATIVES THAT WILL REVITALIZE THE CITY OF TRENTON, NEW JERSEY WITH A PARTICULAR EMPHASIS ON THE DOWNTOWN.

Describe the Organization's Program Activity:

Part 3 - Line 4a

BROKER, FOSTER, AND LEVERAGE PRIVATE, PUBLIC, AND COMMUNITY RESOURCES TO ENHANCE AND PROMOTE REDEVELOPMENT INITIATIVES THAT WILL REVITALIZE THE CITY OF TRENTON, NEW JERSEY WITH A PARTICULAR EMPHASIS ON THE DOWNTOWN.


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Board, Officers & Key Employees

Name (title)Compensation
George D Sowa
CEO
$262,500
Bryan A Evans
Vice President
$119,242
Kevin Cummings
Board Chairman
$0
Dr Merodie Hancock
Corporate Secretary
$0
Peg Forrestel
Treasurer
$0
Dr Leticia Ferri
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,325,679
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,325,679
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $89,636
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,445,315

Grants Awarded

Over the last fiscal year, Greater Trenton Inc has awarded $142,884 in support to 2 organizations.

Grant RecipientAmount

DELAWARE VALLEY REGIONAL PLANNING COMMISSION

PURPOSE: ASSISTANCE RELATED TO THE ORGANIZATION'S PARTICIPATION WITH DELAWARE VALLEY REGIONAL PLANNING COMMISSION BIKE/PEDESTRIAN TRAIL PROJECT.

$97,884

Pittsburgh, PA

PURPOSE: ASSISTANCE RELATED TO STEM EDUCATION FOR STUDENTS IN THE TRENTON PUBLIC SCHOOL SYSTEM.

$45,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Greater Trenton Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Roma Bank Community Foundation Inc

Short Hills, NJ

PURPOSE: GENERAL PURPOSE

$25,000
Roma Bank Community Foundation Inc

Short Hills, NJ

PURPOSE: GENERAL PURPOSE

$5,000
View Grant Recipient Profile

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