Public Charity

HOLLY CITY DEVELOPMENT CORPORATION

HOLLY CITY DEVELOPMENT CORPORATION, of MILLVILLE, NJ, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $1.1M in revenue, $834K in expenses, $2.4M in total assets. 9 publicly reported grants to this organization, totaling roughly $55K, appear in IRS filings.

EIN: 223614788 MILLVILLE, NJ Housing Development, Construction & Management NTEE: L20 Latest filing: 2025
Total Revenue$1.1M
Total Expenses$834K
Total Assets$2.4M
Grant Records9
Funding Total$55K
Filing Years2021–2025

Mission

CONTINUOUS COMMUNITY RENEWAL THROUGH THE AREAS OF: DEVELOPMENT AND REDEVELOPMENT OF REAL ESTATE; HOUSING CONSTRUCTION, REHABILITATION AND FINANCING; COMMUNITY BUILDING AND RESIDENT ENGAGEMENT AND ECONOMOIC DEVELOPMENT

Where $100 goes at Holly City Development Corporation

How Holly City Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$91 Programs the work itself
$9 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 $91 for programs

$91
Assist in the redevelopment of center-city Millville to improve the quality of life for the residents of the city of Millville
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

Trustee Curtis Zimmerman
Board Chair James Parent
Vice Chair John Knoop
Trustee Michael Depalma
Chairman Michael Santiago
Secretary Paula Ring

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$32,500 3 grants
Mental Health & Substance Abuse
$15,000 1 grant
Unspecified
$7,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $1.1M $834K $2.4M
2024 $1.6M $830K $2.2M
2023 $1.0M $1.0M $1.4M
2022 $1.2M $1.1M $1.8M
2021 $686K $670K $1.2M

Between 2021 and 2025, reported annual revenue grew from $686K to $1.1M (+56%), with total assets most recently reported at $2.4M.

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

See the full picture for HOLLY CITY DEVELOPMENT CORPORATION

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