Public Charity

UNION COUNTY ECONOMIC DEVELOPMENT CORP

Based in CRANFORD, NJ, UNION COUNTY ECONOMIC DEVELOPMENT CORP operates as a Public Charity. The organization reported $4.1M in revenue, $3.9M in expenses, $26.4M in total assets for fiscal year 2025. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $142K.

EIN: 222155884 CRANFORD, NJ Latest filing: 2025
Total Revenue$4.1M
Total Expenses$3.9M
Total Assets$26.4M
Grant Records6
Funding Total$142K
Filing Years2021–2025

Mission

PROMOTE & DEVELOP ECONOMIC GROWTH IN NEW JERSEY BY PROVIDING FINANCIAL AND TECHNICAL ASSISTANCE TO SMALL BUSINESSES.

Officers & Directors

PRESIDENT Adam Farrah
TRUSTEE Daniel Letendre
DIRECTOR OF PORTFOLIO MANAGEMENT Diana Henriquez
TRUSTEE Dragana Jovanovic
TRUSTEE Dr Elaine M Sanders
VICE-PRESIDENT LENDING Elizabeth Williams

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$80,242 2 grants
EDUCATION
$25,000 1 grant
CREDIT BLDG TOOLKIT
$12,500 1 grant
UNRESTRICTED GRANT TO SUPPORT ORGANIZATION'S EXEMPT PURPOSE
$12,082 1 grant
SMALL DOLLAR LENDING
$11,786 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $4.1M $3.9M $26.4M
2024 $4.2M $4.2M $26.8M
2023 $4.8M $3.8M $26.7M
2022 $5.3M $3.5M $24.4M
2021 $5.8M $2.9M $23.9M

Between 2021 and 2025, reported annual revenue declined from $5.8M to $4.1M (-30%), with total assets most recently reported at $26.4M.

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

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