From public IRS filings

Invest Newark

NEWARK, NJ · Community Improvement

EIN (Tax ID): 26-0829057Latest Form 990: 2024IRS ruling year: 2008Find their 990 filing →

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

Not yet reviewed by the organization · built from public records, so it may contain inaccuraciesIs this your organization? Review this page.Ask us to hide this profileHow this works

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

$2.5M in foundation grants on record from 13 funders — matched from IRS 990 grant line items. Some matches may be approximate.

FunderTotal givenGrants
Prudential Foundation$1.2M6
Jpmorgan Chase Foundation$638K3
Ford Foundation$250K2
Victoria Foundation$205K5
National Fair Housing Alliance$160K3
Wells Fargo Foundation$75K2
Community Foundation of New Jersey$25K1
Devils Youth Foundation$8K1
Devils Care Foundation Inc F/K/A New Jersey Devils Foundation$5K1
Ansell Grimm & Aaron Foundation Inc C/O Michael Benedetto Esq$3K1

Leadership

KEVIN COLLINS — CFO (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.