Public Charity

Downtown Merchants Corporation

Downtown Merchants Corporation is a nonprofit organization categorized as Public Charity based in Passaic, NJ. Its most recent IRS filing (2024) reports revenue of $447K, expenses of $447K, total assets of $206K. Imperigo tracks 6 reported grant relationships connected to this organization totaling approximately $1.2M.

EIN: 223464174 Passaic, NJ Latest filing: 2024
Total Revenue$447K
Total Expenses$447K
Total Assets$206K
Grant Records6
Funding Total$1.2M
Filing Years2019–2024

Mission

Beautification and enhancement of area along rt 21 through the the downtown by participating in program which remove litter, power wash graffiti and paint over 185 buildings.

Officers & Directors

Board Member Alex Canals
Board Member Helen Ramos
Comptroler Omar J Garcia
Vice Chair Rafeal Cuellar
Board Member Rosa Ortiz
Chair Servando Fernandez

Officer compensation and complete director data available with membership.

Top Grant Purposes

To eradicate graffiti and garbage
$1,189,367 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $447K $447K $206K
2023 $440K $439K $180K
2022 $332K $332K $45K
2020 $259K $258K $91K
2019 $309K $297K $65K

Between 2019 and 2024, reported annual revenue grew from $309K to $447K (+45%), with total assets most recently reported at $206K.

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

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