Public Charity

INVEST NEWARK A NEW JERSEY NONPROFIT CORP

Based in NEWARK, NJ, INVEST NEWARK A NEW JERSEY NONPROFIT CORP operates as a Public Charity. The organization reported $10.3M in revenue, $8.7M in expenses, $35.2M in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $688K.

EIN: 260829057 NEWARK, NJ Latest filing: 2024
Total Revenue$10.3M
Total Expenses$8.7M
Total Assets$35.2M
Grant Records11
Funding Total$688K
Filing Years2019–2024

Mission

INVEST NEWARK FACILITATED SMALL BUSINESS LOANS AND EXPANDED AN INITIATIVE TO GIVE SMALL AND MINORITY BUSINESSES MORE ACCESS TO CREDIT, CONTRACTING OPPORTUNITIES AND TECHNICAL ASSISTANCE TO PROMOTE SMALL MINORITY BUSINESS DEVELOPMENT.INVEST NEWARK ALSO IS PROMOTING HOME OWNERSHIP THROUGH ITS LAND BANK AND THE REAL ESTATE PROGRAMS.

Sample Grants Received

2024
COMMUNITY PROGRAMS & GRASSROOTS MOVEMENTS
$25,000
2023
FUND COMMUNITY ACCESSIBILITY PROJECTS
$61,000
2023
TO SUPPORT COMMUNITY ENGAGEMENT IN ARTS AND CULTURE.
$8,092
2022
FUND COMMUNITY ACCESSIBILITY PROJECTS
$62,000
2020
GENERAL SUPPORT
$10,000

Showing up to 5 of 11 total records — full history available with membership.

Officers & Directors

CHIEF INNOVATIVE ECONOMY OFFICER Aaron Meyerson
CHAIRPERSON Allison Ladd
CHIEF BUSINESS DEVELOPMENT OFFICER Emily Manz
CHIEF REAL ESTATE DEVELOPMENT OFFICER Gregory Good
GENERAL COUNSEL Jeet Gulati
SVP OF FINANCE Jereri Edwards

Officer compensation and complete director data available with membership.

Top Grant Purposes

TO INTEGRATE FINANCIAL EMPOWERMENT INTO SUMMER YOUTH EMPLOYMENT PROGRAM
$256,000 1 grant
FUND COMMUNITY ACCESSIBILITY PROJECTS
$123,000 2 grants
GRANT SUPPORT
$121,000 2 grants
SEE PART IV
$100,000 1 grant
SPONSORSHIPS
$40,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $10.3M $8.7M $35.2M
2023 $16.5M $6.6M $30.0M
2022 $6.7M $4.0M $20.2M
2020 $4.7M $2.7M $10.8M
2019 $3.1M $2.5M $6.2M

Between 2019 and 2024, reported annual revenue grew from $3.1M to $10.3M (+232%), with total assets most recently reported at $35.2M.

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

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