Mission
TO PROMOTE, ENCOURAGE AND ASSIST IN THE INDUSTRIAL, COMMERCIAL AND ECONOMIC DEVELOPMENT OF THE CITY OF JERSEY CITY, THEREBY INCREASING THE COMMERCIAL/TRADE OF THE CITY CREATING GREATER EMPLOYMENT OPPORTUNITIES AND BROADENING THE TAX BASE.
Public Charity
JERSEY CITY ECONOMIC DEVELOPMENT CORP
JERSEY CITY ECONOMIC DEVELOPMENT CORP, of JERSEY CITY, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.8M in revenue, $4.1M in expenses, $7.5M in total assets. 7 publicly reported grants to this organization, totaling roughly $246K, appear in IRS filings.
EIN: 222304615
JERSEY CITY, NJ
Latest filing: 2024
Total Revenue$3.8M
Total Expenses$4.1M
Total Assets$7.5M
Grant Records7
Funding Total$246K
Filing Years2020–2024
Sample Grants Received
CHARITABLE DONATION
$15,000
PUBLIC, SOCIETAL BENEFIT
$100,500
2017 GARDINIER GRANT
$15,000
For grant recipient's exempt purposes
$5,400
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
$110,000
Showing up to 5 of 7 total records — full history available with membership.
Officers & Directors
Vice-Chair.
Brendan Somerville
Development Dir
Florence Baron
Trustee
Jeff Justice Williams
DIR.OF BUSINESS
Jennifer Moore Waterman
Asst.Secretary
Kia Deadwyler
Trustee
Mayor Steven Fulop
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $3.8M | $4.1M | $7.5M |
| 2023 | $1.9M | $2.3M | $2.0M |
| 2022 | $2.5M | $2.5M | $2.5M |
| 2021 | $10.8M | $12.0M | $2.5M |
| 2020 | $2.0M | $935K | $3.5M |
Between 2020 and 2024, reported annual revenue grew from $2.0M to $3.8M (+89%), with total assets most recently reported at $7.5M.
Interactive year-over-year charts and full filing details available with membership.