New Brunswick Development Corporation

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

120 Albany Street 7th Floor
New Brunswick, New Jersey 08901

New Brunswick Development Corporation (EIN: 22-2104766) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, New Brunswick Development Corporation, a 501(c)(3) charitable organization, reported compensation for 14 employees. Among the employees shown here, the average compensation is $577,945. The highest compensated employee at New Brunswick Development Corporation is Christopher J Paladino with fiscal year 2024 compensation of $827,873.

Revenue, expenses, and employee compensation

Revenue

$10,107,020

Expenses

$6,917,922

Employee compensation

Revenue, expenses, and employee compensation over time

Non-Employee Board Members

No board members were reported during this fiscal year.

Mission Statement

NEW BRUNSWICK DEVELOPMENT CORPORATION AND SUBSIDIARIES (THE "ORGANIZATION") IS A NOT-FOR-PROFIT ENTITY THAT WAS ORGANIZED TO FURTHER THE DEVELOPMENT OF THE CITY OF NEW BRUNSWICK ( see schedule o for details).

Revisions to this organization profile

November 14, 2025:
2024 New Brunswick Development Corporation 990 filed
November 15, 2024:
2023 New Brunswick Development Corporation 990 filed
November 14, 2023:
2022 New Brunswick Development Corporation 990 filed

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