Margate Terrace Development Corporation is a Public Charity headquartered in Margate, NJ. Financial data from the 2025 filing: $46K revenue, $22K expenses, $997K total assets. IRS filings disclose 2 grants awarded by this foundation, totaling roughly $171K.
To serve as the developer for Margate Terrace Corporation, a New Jersey Nonprofit corporation and otherwise assist Margate Terrace Corporation with respect to the ownership, financing, rehabilitation, renovation, maintenance and/or operation of a 75 unit low-income elderly and disabled rental apartment project owned by Margate Terrace Corporation, known as Margate Terrace Apartments
Showing up to 5 of 2 total records — full history available with membership.
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $46K | $22K | $997K |
| 2024 | $19K | $18K | $933K |
| 2023 | $33K | $15K | $867K |
| 2022 | $58K | $19K | $829K |
| 2021 | $41K | $19K | $964K |
Between 2021 and 2025, reported annual revenue grew from $41K to $46K (+12%), with total assets most recently reported at $997K.
Interactive year-over-year charts and full filing details available with membership.
Grants from this foundation were reported to recipients in NJ.
Full geographic grant map with state-by-state breakdown available with membership.
