Old Bridge Economic Development Corp in Old Bridge, New Jersey (NJ)

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Old Bridge Economic Development Corp
Employer Identification Number (EIN)222466435
Name of OrganizationOld Bridge Economic Development Corp
AddressOne Old Bridge Plaza, Old Bridge, NJ 08857-2474
ActivitiesArea development, redevelopment of renewal
SubsectionCivic League
Ruling Date12/1999
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$25,000 to $99,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$37,217
Amount of Income$8,650
Form 990 Revenue Amount$8,650
National Taxonomy of Exempt Entities (NTEE)Community Improvement, Capacity Building: Economic Development


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Amount of income in 2011: $8,650 (it was $8,632 in 2010)
Old Bridge Economic Development Corp: 

 $8,650
Other organizations performing similar types of work: 

 $135,279

Assets in 2011: $37,217 (it was $74,362 in 2010)
This organization: 

 $37,217
Other organizations performing similar types of work: 

 $114,906

Expenses in 2011: $41,861
This organization: 

 $41,861
Other organizations performing similar types of work: 

 $121,073

Income to expenses ratio in 2011: 0.2
This organization: 

 0.2
Other organizations performing similar types of work: 

 1.4

Grants share in income in 2011: 0.0%
Old Bridge Economic Development Corp: 

 0.0%
Other organizations performing similar types of work: 

 8.8%

Financial snapshot ($)

Revenue for 2011

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2011)
Total revenue$8,650
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$3,315
Membership dues and assessments$0
Investment income$5,335
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$41,861
Total net assets$36,717
Deficit for the year$-33,211
Net assets or fund balances at beginning of year$69,928
Other changes in net assets or fund balances$0
Balance Sheets (for 2011)
Total assets$37,217
Total liabilities$500
Net assets or fund balances$36,717
Other Information (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1West River Foundation For Economic And Community DevelopmentPO BOX 605, Sturgis, SD 57785-0605SD2000-10$1,093,865
2Choose New Jersey Inc201 Rockingham Row Princeton Forres, Princeton, NJ 08540NJ2011-06$3,562,966
3Seaside Heights Business Improvement District IncPO BOX 43, Seaside Hgts, NJ 08751-0043NJ2001-10$466,468
4Flemington Business Improvement District Management Corporation123 Main Street, Flemington, NJ 08822-1647NJ2013-06$385,002
5Stockton Aviation Research And Technology Park Of New Jersey Inc101 Vera King Farris Dr, Galloway, NJ 08205-9441NJ2011-09$371,525
6Minority Business Development Institute Inc306 Farnsworth Avenue Suite B, Bordentown, NJ 08505-1709NJ2010-12$367,954
7Springfield Community Partnership Management Corporation100 Mountain Ave, Springfield, NJ 07081-1729NJ2012-12$304,771
8Washington Business Improvement District Management Corporation21 Belvidere Ave, Washington, NJ 07882-1414NJ2004-03$243,934
9Millville Urban Redevelopment CorporationPO BOX 788, Millville, NJ 08332-0788NJ2012-09$191,424
10Keyport Bid Inc70 W Front St, Keyport, NJ 07735-1241NJ2013-06$153,241
11Greater Atlantic City Golf And Tourisms Partners Inc401 S New York Road, Absecon, NJ 08205NJ2014-09$126,531
12Tenafly Business Improvement District Management Corporation100 Riveredge Rd, Tenafly, NJ 07670-1962NJ2013-04$53,778
13Linden Economic Development Corp301 N Wood Ave, Linden, NJ 07036-7218NJ2009-08$35,028
14Growth Partnership Of Central Jersey Inc1a Quakerbridge Plz Ste 2, Mercerville, NJ 08619-1265NJ2008-12$8,500
15Marine Trades Association Of Nj Recovery & Relief Fund2516 Highway 35 2nd Floor, Manasquan, NJ 08736-1925NJ2013-03$8,250
16Newark Alliance For Community Empowerment Inc115 Spruce St Apt 1a, Newark, NJ 07108-3093NJ2014-09$3,030
17Bay Head Momentum IncPO BOX 66, Bay Head, NJ 08742-0066NJ2014-09$750
18Alliance For Atlantic City Foundation2301 Boardwalk, Atlantic City, NJ 08401NJ2013-02$0
19Apha Community Development CorpPO BOX 781, Red Bank, NJ 07701-0781NJ2010-08$0
20Burlington County Master Plumbers Association Inc706 Neck Road, Burlington, NJ 08016NJ2005-06$0
Number of organizations performing similar types of work
Alaska23
Alabama64
Arkansas29
Arizona41
California299
Colorado47
Connecticut39
District of Columbia35
Delaware8
Florida134
Georgia71
Hawaii27
Iowa63
Idaho15
Illinois108
Indiana79
Kansas46
Kentucky50
Louisiana73
Massachusetts46
Maryland54
Maine37
Michigan101
Minnesota55
Missouri99
Mississippi38
Montana36
North Carolina125
North Dakota13
Nebraska37
New Hampshire25
New Jersey61
New Mexico41
Nevada16
New York213
Ohio149
Oklahoma39
Oregon51
Pennsylvania173
Rhode Island6
South Carolina63
South Dakota34
Tennessee56
Texas168
Utah17
Virginia62
Vermont16
Washington47
Wisconsin61
West Virginia39
Wyoming14
International10
Total3,253

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