Public Charity

Enterprise Zone Development Corporation

Enterprise Zone Development Corporation is a Public Charity headquartered in Vineland, NJ. Financial data from the 2025 filing: $654K revenue, $655K expenses, $26K total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $9.7M.

EIN: 222756826 Vineland, NJ Urban & Community Economic Development NTEE: S31 Latest filing: 2025
Total Revenue$654K
Total Expenses$655K
Total Assets$26K
Grants Given8
Grant Total$9.7M
Filing Years2021–2025

Mission

The Organizations mission is to serve as an administrative body for the NJ Urban Enterprise Zone program and serve as a mechanism to offer economic development assistance to local businesses.

Where $100 goes at Enterprise Zone Development Corporation

How Enterprise Zone Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$98
To serve as an administrative body for the NJ Urban Enterprise Zone program
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Chairman Anthony Fanucci
Vice Chair Benjamin Romanik
Director Carole Cossaboon
Director Fernando Torres
Director Joseph Sooy
Director Larry Malone

Officer compensation and complete director data available with membership.

Top Grant Purposes

Arts & Culture
$18,322 1 grant
Unspecified
$9,709,224 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $654K $655K $26K
2024 $705K $705K $51K
2023 $25K $25K $16K
2022 $67K $67K $21K
2021 $66K $65K $34K

Between 2021 and 2025, reported annual revenue grew from $66K to $654K (+898%), with total assets most recently reported at $26K.

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

Grant Geography

Grants from this foundation were reported to recipients in NJ.

NJ

Full geographic grant map with state-by-state breakdown available with membership.

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