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New Jersey economic development organizations

There are 203economic development organizations in New Jersey. Combined, these New Jerseyaneconomic development organizationsemploy 620 people, earn more than $125 million in revenue each year, and have assets of $695 million.
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Types of economic development organizations in New Jersey

Nonprofit typeNumberRevenues
Economic development organizations
203
$124,832,615
Urban development organizations
113
$91,671,930
Showing 2 of 2categories

Economic development organizations by major New Jersey cities

Metro areaNonprofitsRevenues
New York City, NY
139
$89,400,885
Philadelphia, PA
27
$19,367,620
Trenton
11
$5,382,596
Atlantic City
10
$2,324,602
Vineland
8
$6,436,156
Ocean City
4
$1,318,482
Allentown, PA
4
$602,274
Showing 7 of 7metros

Job trends for New Jersey economic development organizations

Employees per organizationNumber of organizations
0
36
1-10
45
11-25
9
26-100
5
101 to 1,000
1
1,000+
0
Key takeaways for employment stats:

Sizes of economic development organizations in New Jersey

Revenues per organizationNumber of organizations
< $250k
58
$250k to $1M
39
$1M to $5M
17
$5M to $25M
9
$25M to $100M
0
$100M+
0
Key takeaways for revenue stats:

Directory of economic development organizations in New Jersey

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1-20 of 203

Greater Newark Convention and Visitors Bureau (GNCVB)

Greater Newark Convention and Visitor Bureau is a private 501(c) (6) New Jersey non-profit corporation, primarily funded by Newark's hotels through a Tourism Improvement District, committed to creating economic growth and increased employment in Newark.
Revenue
$2.4m
Assets
$1.7m
Employees
8
EIN
46-1795835
IRS type
501(c)(6)

Union County Economic Development Corporation (UCEDC)

UCEDC is a private Community Development Financial Institution that fosters economic growth. We accomplish this by providing financial and technical assistance to new and existing businesses with emphasis on benefiting under-served people and communities.
Revenue
$5.3m
Assets
$24.4m
Employees
27
EIN
22-2155884
IRS type
501(c)(3)

Cooperative Business Assistance Corporation

Cooperative Business Assistance Corporation is an economic development organization in Camden, NJ whose mission is: Economic and community development.
Revenue
$5.4m
Assets
$25.5m
Employees
11
EIN
22-2807816
IRS type
501(c)(3)

Community Loan Fund of New Jersey

Community Loan Fund of New Jersey transforms at-risk communities through strategic investments, capital, and knowledge. It operates as an urban, community economic development organization that is run by Bernel Hall.
Revenue
$18.3m
Assets
$225.8m
Employees
98
EIN
22-2872262
IRS type
501(c)(3)

Camden Community Partnership

Camden Community Partnership revitalizes Camden through long-term plans, private/government partnerships, and community involvement.
Revenue
$5.3m
Assets
$11.0m
Employees
16
EIN
52-1333698
IRS type
501(c)(3)

Newark Alliance

Newark Alliance: Nonprofit promoting partnership for economic revitalization of Newark into a better and safer place to work, live, learn, play, and do business.
Revenue
$4.2m
Assets
$5.7m
Employees
13
EIN
22-3664305
IRS type
501(c)(3)

Camden Special Services District

Camden Special Services District promotes the revitalization of the city of Camden through a joint public/private venture. Its programs advise and conduct research related to the city's revitalization.
Revenue
$3.0m
Assets
$2.8m
Employees
4
EIN
22-3776507
IRS type
501(c)(3)

Eastern American CDC

Eastern American CDC fosters small business growth and economic development through job creation, education opportunities, and training programs.
Revenue
$2.1m
Assets
$1.9m
Employees
5
EIN
20-4647454
IRS type
501(c)(3)

Invest Newark A New Jersey Nonprofit Corporation

Newark Community Economic Development Corporation is the primary economic development catalyst for Newark, New Jersey, organized to retain, attract and grow businesses, enhance small and minority business capacity, and spur real estate development.
Revenue
$6.7m
Assets
$20.2m
Employees
19
EIN
26-0829057
IRS type
501(c)(3)

Choose New Jersey

Choose New Jersey stimulates job creation and capital investment by marketing the state both domestically and internationally. It is located in Newark.
Revenue
$8.2m
Assets
$10.6m
Employees
26
EIN
27-2903875
IRS type
501(c)(3)

Jersey City Economic Development Corporation

To promote, encourage and assist in the industrial, commercial and Economic Development of the City of Jersey City, thereby increasing the commercial/trade of the City creating greater employment opportunities and broadening the tax base.
Revenue
$2.5m
Assets
$2.5m
Employees
4
EIN
22-2304615
IRS type
501(c)(3)

Stand Up for Salem (SUFS)

Stand Up for Salem is a volunteer based non-profit organization working to bring new life to the center of Salem. To stimulate business opportunity, historic preservation and community growth through grassroots community development.
Revenue
$2.5m
Assets
$17.3m
Employees
5
EIN
22-2908783
IRS type
501(c)(3)

Lakewood Development Corporation

Lakewood Development Corp promotes commercial, economic growth of Lakewood UEZ, offering business assistance, special events marketing programs.
Revenue
$2.1m
Assets
$19.6m
Employees
3
EIN
31-1604974
IRS type
501(c)(3)

Elizabeth Development Company (EDC)

Elizabeth Development Company works with cross-sector leaders in cities across Union County and Northern New Jersey, to build innovative urban revitalization practices aimed at improving the economic well-being of residents and communities.
Revenue
$2.7m
Assets
$20.2m
Employees
17
EIN
22-2164287
IRS type
501(c)(3)

Newark Downtown District Management Corporation (NDD)

The Newark Downtown District, Newark's special improvement district of the central business area, is a privately organization, dedicated to revitalizing downtown Newark by improving the economic viability of the central business district.
Revenue
$5.1m
Assets
$7.8m
Employees
12
EIN
22-3646316
IRS type
501(c)(3)

Vineland Development Corporation

Assist in the revitalization and redevelopment of the city of Vineland, encourage private investment, and assist in economic Development.
Revenue
$5.2m
Assets
$81.3m
Employees
0
EIN
20-5188780
IRS type
501(c)(3)

Carteret Business Partnership (CBP)

Assist the borough of Carteret, county of middlesex, nj in economic developement, promoting Business growth & development and foster goodwill between the Business community and the general public.
Revenue
$5.9m
Assets
$62.8m
Employees
114
EIN
32-0145183
IRS type
501(c)(3)

Montclair Center Corporation

Montclair Center Corp promotes a vibrant shopping, working, eating, living and playing experience in Montclair, NJ through events and business assistance.
Revenue
$1.1m
Assets
$991.2k
Employees
9
EIN
56-2293034
IRS type
501(c)(3)

Downtown Somerville Alliance

Downtown Somerville Alliance promotes downtown as the heart of commerce, culture, and community life through economic development and marketing.
Revenue
$837.6k
Assets
$54.0k
Employees
2
EIN
83-1816003
IRS type
501(c)(3)

Opportunity Labs Foundation

The Opportunity Labs Foundation builds and champions lasting solutions that create meaningful opportunities for children. It operates as an economic development organization.
Revenue
$1.3m
Assets
$552.2k
Employees
4
EIN
84-3894479
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "S30: Economic Development" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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