From public IRS filings

Greater Newark Enterprises

NEWARK, NJ · Community Improvement

EIN (Tax ID): 20-2247312Latest Form 990: 2024IRS ruling year: 2007Find their 990 filing →

Built from IRS filings (latest Form 990: tax year 2024). Greater Newark Enterprises has not reviewed or approved this page. Kindora is not affiliated with it.

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Mission

THE GREATER NEWARK ENTERPRISES CORPORATION (GNEC) MAKES LOANS AND INVESTMENTS IN PROGRAMS IN URBAN COMMUNITIES ENGAGED IN THE FOLLOWING WEALTH-CREATION STRATEGIES: PROVIDING FINANCIAL SERVICES, LOANS AND INVESTMENTS, OFFERING TRAINING AND MENTORING, INFORMATION AND REFERRAL SUPPORT. THE GNEC SEMINARS COVERS TAXES, MARKETING AND SALES, PURCHASING AND INVENTORY.

Financials (IRS Form 990)

Total revenue
$2.9M
Total expenses
$1.6M
Total assets
$7.1M
Program expense ratio
82%

Source: IRS Form 990, tax year 2024.

Who funds Greater Newark Enterprises

$3.9M in foundation grants on record from 14 funders — matched from IRS 990 grant line items. Some matches may be approximate.

FunderTotal givenGrants
Prudential Foundation$2.2M4
Citi Foundation$400K1
Blackbaud Giving Fund$400K4
Local Initiatives Support$379K1
Opportunity Finance Network$200K1
Jpmorgan Chase Foundation$100K1
Victoria Foundation$70K4
Wells Fargo Foundation$70K2
Community Loan Fund of New Jersey$50K1
United Way of Essex & West Hudson D/B/A United Way of Greater Newark$30K1

Leadership

JOHN SUWATSON — Secretary (Principal officer)

Names of officers and trustees come from the organization's public filings and leave this page when a later filing drops them. If you are named here and object, write to privacy@kindora.co.