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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building MT Prospect Ave Neighborhood

MT Prospect Ave Neighborhood

Fiscal year ending 2024. Filed on November 14, 2025.

643-645 Mt Prospect Ave
Newark, New Jersey 07104

MT Prospect Ave Neighborhood (EIN: 26-0233858), also known as Improvement District Management, has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, MT Prospect Ave Neighborhood, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $0.

Revenue, expenses, and employee compensation

Revenue

$361,770

Expenses

$433,934

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Chris Virginio
Secretary
$0
Michael Sheehan
Treasurer
$0

Benchmark Employee Compensation

Non-Employee Board Members

Felix Lopez-Montalvo, Esq
President
Julia Ferreira
Trustee
Mario Puorro
Trustee
Rita Alvarez
Trustee
Terry McSweeney
Vice President

Mission Statement

BETTERMENT OF THE COMMERCIAL,BUSINESS, AND RESIDENTIAL ENVIRONMENT IN THE MT PROSPECT NEIGHBORHOOD IMPROVEMENT DISTRICT.

Revisions to this organization profile

November 14, 2025:
2024 MT Prospect Ave Neighborhood 990 filed
November 13, 2024:
2023 MT Prospect Ave Neighborhood 990 filed
February 4, 2024:
Amended (originally filed November 8, 2023)2022 MT Prospect Ave Neighborhood 990 filed

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