Public Charity

GREATER NEWARK ENTERPRISES CORP

GREATER NEWARK ENTERPRISES CORP is a Public Charity headquartered in NEWARK, NJ. Financial data from the 2024 filing: $2.9M revenue, $1.6M expenses, $7.1M total assets. 14 publicly reported grants to this organization, totaling roughly $1.8M, appear in IRS filings.

EIN: 202247312 NEWARK, NJ Latest filing: 2024
Total Revenue$2.9M
Total Expenses$1.6M
Total Assets$7.1M
Grant Records14
Funding Total$1.8M
Filing Years2020–2024

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.

Officers & Directors

Trustee Amit Airen
Treasurer Avi Telyas
Trustee Carlton West
Trustee Chris Murphy
Trustee Dominick Belfore
Trustee Glenn Carroll

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$650,000 5 grants
SEE PART IV
$479,500 3 grants
NEWARK RESILIENCE INITIATIVE
$205,000 2 grants
OPERATING GRANT
$200,000 1 grant
EOC COVID Relief program
$159,362 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.9M $1.6M $7.1M
2023 $1.6M $1.8M $5.1M
2022 $2.3M $1.4M $5.1M
2021 $2.9M $857K $3.8M
2020 $1.6M $637K $1.9M

Between 2020 and 2024, reported annual revenue grew from $1.6M to $2.9M (+87%), with total assets most recently reported at $7.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for GREATER NEWARK ENTERPRISES CORP

Complete financials, all 14 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 498,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports
7-day free trial Cancel any time