Nu Media Corporation
- Assets
- $27.4k
- Revenue
- $317.0k
- Investments
- $0.0
- Employees
- 1
- Location
- Chatham, NJ
- Founding
- 05/2011
- Data as of
- 12/2021
- EIN
- 26-3323355
Organization Overview
Nu Media Corporation is located in Chatham, NJ. The organization was established in 2011. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nu Media Corporation 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, Nu Media Corporation generated $317.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $320.6k during the year ending 12/2021. While expenses have increased by 14.1% per year over the past 5 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE COVID PERIOD OF RESTRICTIONS, WE PROVIDE ZOOM AND ONLINE SERVICES. WE HOSTED OVER 50 ONLINE MEETINGS AND 20 MEDIA TRAININGS WITH OUR MEMBERS, AND PROVIDED SUPPORTIVE SERVICES FOR A DOZEN MEMBERS' MEDIA PROJECTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie Lane Board Member | 2 | $0 | |
James Waterman Board Member | 2 | $0 | |
Pamela Timpson Executive Director | 60 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $317,000 |
| Interest on Savings | $0 |
| 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 | $317,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $55,495 |
| Pension plans, employee benefits | $0 |
| Interest | $909 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $17,400 |
| Travel, conferences, and meetings | $3 |
| Printing and publications | $0 |
| Other expenses | $109,914 |
| Total operating and administrative expenses | $320,508 |
| Contributions, gifts, grants paid | $72 |
| Total expenses and disbursements | $320,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,807 |
| Savings and temporary cash investments | $0 |
| 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 | $9,600 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,407 |
| Accounts payable and accrued expenses | $6,518 |
| Grants payable | $0 |
| 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 | $6,518 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Nu Media Corporation has recieved totaling $194,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $194,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Service Thomas Shortman Training Scholarship And New York, NY | $24,265,152 | $18,661,986 |
New York District Council Crpntrs Apprntcshp Jrnymn Retraing Educa New York, NY | $32,423,989 | $13,554,381 |
Northeast Carpenters Apprenticeship Fund Edison, NJ | $19,860,788 | $10,381,249 |
Hawthorne Valley Association Inc Ghent, NY | $11,965,949 | $10,914,219 |
Operating Engineers Local 825 Springfield, NJ | $22,861,458 | $9,545,959 |
Operating Engineers Local 825 Sub Fund Springfield, NJ | $82,702,164 | $12,313,269 |
Nueva Esperanza Philadelphia, PA | $22,032,264 | $12,218,705 |
Opportunities For A Better Tomorrow Inc Brooklyn, NY | $2,168,451 | $7,819,105 |
Daybreak Independent Service Inc Yonkers, NY | $5,959,924 | $7,495,936 |
Eastern Atlantic States Carpenters Technical College Philadelphia, PA | $14,328,660 | $6,924,336 |
District Council 37 Educational Fund New York, NY | $10,076,820 | $7,327,627 |
Private Industry Council Of Passaic County Incorporated Paterson, NJ | $8,802,108 | $8,665,964 |