Invest Newark a New Jersey Nonprofit Corp.

Fiscal year ending 2024. Filed on October 3, 2025.

111 Mulberry Street Ll
Newark, New Jersey 07102

Invest Newark a New Jersey Nonprofit Corp. (EIN: 26-0829057) has filed an IRS Form 990 between fiscal years 2016 and 2024. In its fiscal year 2024 IRS Form 990 filing, Invest Newark a New Jersey Nonprofit Corp., a 501(c)(3) charitable organization, reported compensation for 8 out of 24 total employees. Among the employees shown here, the average compensation is $185,593. The highest compensated employee at Invest Newark a New Jersey Nonprofit Corp. is Marcus Randolph with fiscal year 2024 compensation of $242,995. Invest Newark a New Jersey Nonprofit Corp. changed its name from Newark Community Economic Development Corp. in 2021.

Revenue, expenses, and employee compensation

Revenue

$10,293,671

Expenses

$8,732,333

Employee compensation

$3,355,356
Revenue, expenses, and employee compensation over time

Contractors

Mission Statement

INVEST NEWARK FACILITATED SMALL BUSINESS LOANS AND EXPANDED AN INITIATIVE TO GIVE SMALL AND MINORITY BUSINESSES MORE ACCESS TO CREDIT, CONTRACTING OPPORTUNITIES AND TECHNICAL ASSISTANCE TO PROMOTE SMALL MINORITY BUSINESS DEVELOPMENT.INVEST NEWARK ALSO IS PROMOTING HOME OWNERSHIP THROUGH ITS LAND BANK AND THE REAL ESTATE PROGRAMS.

Revisions to this organization profile

October 3, 2025:
2024 Invest Newark a New Jersey Nonprofit Corp. 990 filed
November 16, 2024:
2023 Invest Newark a New Jersey Nonprofit Corp. 990 filed
September 29, 2023:
2022 Invest Newark a New Jersey Nonprofit Corp. 990 filed

Get an email when new compensation information is released for Invest Newark a New Jersey Nonprofit Corp.

Be the first to know when new IRS Form 990 data is published for this organization.

Related Jobs

Powered by Talroo