Mission
TO PROMOTE, ENCOURAGE AND ASSIST THE INDUSTRIAL, COMMERCIAL AND ECONOMIC DEVELOPMENT OF THELAKEWOOD URBAN ENTERPRISE ZONE, JOB CREATION AND TO IMPROVE PROPERTY IN THE ZONE.
Public Charity
LAKEWOOD DEVELOPMENT CORPORATION
Based in LAKEWOOD, NJ, LAKEWOOD DEVELOPMENT CORPORATION operates as a Public Charity. The organization reported $4.3M in revenue, $2.7M in expenses, $19.5M in total assets for fiscal year 2024.
EIN: 311604974
LAKEWOOD, NJ
Management & Technical Assistance
NTEE: P02
Latest filing: 2024
Total Revenue$4.3M
Total Expenses$2.7M
Total Assets$19.5M
Grant Records0
Filing Years2020–2024
Where $100 goes at Lakewood Development Corporation
How Lakewood Development Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$95
Programs
the work itself
$5
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 $95 for programs
$58
Lakewood township services/operations, including strand theater renovations and repairs, franklin street redevelopment, business assistance initiative business to business networking
$24
Lakewood emergency medical services
$13
Financial assistance viii
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
CHAIRMAN
Abraham Muller
EXECUTIVE DIRECTOR
David Klein
TRUSTEE
Deborah Fuentes
TRUSTEE
Eli Rennert
TRUSTEE
Leib Gold
TRUSTEE
Michael Mcneil
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.3M | $2.7M | $19.5M |
| 2023 | $2.2M | $891K | $21.0M |
| 2022 | $2.1M | $615K | $19.6M |
| 2021 | $209K | $526K | $18.3M |
| 2020 | $153K | $545K | $18.5M |
Between 2020 and 2024, reported annual revenue grew from $153K to $4.3M (+2740%), with total assets most recently reported at $19.5M.
Interactive year-over-year charts and full filing details available with membership.