From public IRS filings
INVEST NEWARK
NEWARK, NJ · Community Improvement
Mission
INVEST NEWARK'S MISSION TO RETAIN AND GROW BUSINESSES, ENHANCE SMALL AND MINORITY CAPACITY, INITIATE AND EXECUTE ECONOMIC DEVELOPMENT ACTIVITIES, PRODUCE AND SUSTAIN ECONOMIC GROWTH.
Financials (IRS Form 990)
Total revenue
$10.3M
Total expenses
$8.7M
Total assets
$35.2M
Program expense ratio
72%
Source: IRS Form 990, tax year 2024.
Who funds INVEST NEWARK
$2.2M in foundation grants on record from 13 funders — matched from IRS 990 grant line items. Some matches may be approximate.
| Funder | Total given | Grants |
|---|---|---|
| Prudential Foundation | $1.1M | 5 |
| Jpmorgan Chase Foundation | $450K | 2 |
| Ford Foundation | $250K | 2 |
| Victoria Foundation | $205K | 5 |
| National Fair Housing Alliance | $123K | 2 |
| Wells Fargo Foundation | $75K | 2 |
| Community Foundation of New Jersey | $25K | 1 |
| Devils Youth Foundation | $8K | 1 |
| Devils Care Foundation Inc F/K/A New Jersey Devils Foundation | $5K | 1 |
| Ansell Grimm & Aaron Foundation Inc C/O Michael Benedetto Esq | $3K | 1 |
Leadership
KEVIN COLLINS — CFO (Principal officer)
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