Mission
TO ENCOURAGE THE DEVELOPMENT AND IMPROVEMENT OF THE SUMMIT, NJ BUSINESS COMMUNITY.
Public Charity
SUMMIT DOWNTOWN INC
SUMMIT DOWNTOWN INC, of SUMMIT, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $497K in revenue, $471K in expenses, $433K in total assets. 6 publicly reported grants to this organization, totaling roughly $304K, appear in IRS filings.
EIN: 222852638
SUMMIT, NJ
Latest filing: 2024
Total Revenue$497K
Total Expenses$471K
Total Assets$433K
Grant Records6
Funding Total$304K
Filing Years2020–2024
Sample Grants Received
General Support
$194,206
VARIOUS PROJECTS
$58,350
ENVIRONMENT & ANIMAL PROTECTION
$15,000
GENERAL SUPPORT
$25,000
For grant recipient's exempt purposes
$6,350
Showing up to 5 of 6 total records — full history available with membership.
Officers & Directors
TRUSTEE
Anthony Melchionna
TRUSTEE
Antonietta Lavecchia
TRUSTEE
Beth Welsh
TREASURER
Bill Robb
CHAIR
Bob Conway
TRUSTEE
David Bernat
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $497K | $471K | $433K |
| 2023 | $519K | $461K | $407K |
| 2022 | $440K | $453K | $349K |
| 2021 | $403K | $371K | $362K |
| 2020 | $1.3M | $1.2M | $331K |
Between 2020 and 2024, reported annual revenue declined from $1.3M to $497K (-61%), with total assets most recently reported at $433K.
Interactive year-over-year charts and full filing details available with membership.