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EIN 31-1604974

Lakewood Development Corporation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Lakewood
State
New Jersey
Year formed
1997
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Lakewood Development Corporation promotes, encourages, and assists the industrial, commercial, and economic development of the Lakewood Urban Enterprise Zone (UEZ) while also improving property within the zone. Their mission includes job creation and they offer services such as strand theater renovations and repairs, Franklin Street redevelopment, business-to-business networking for the township of Lakewood. The corporation's programs include advertising and marketing special events in Lakewood to further their objectives.
Total revenues
$2,236,613
2023
Total expenses
$891,297
2023
Total assets
$20,990,371
2023
Num. employees
3
2023

Program areas at Lakewood Development Corporation

Lakewood township services/operations, including strand theater renovations and repairs, franklin street redevelopment, business assistance initiative business to business networking.
Consulting services in assistance with Lakewood township planning and organizing shuttle schedule, routes, and timing of the buses
Small business technology in Lakewood

Personnel at Lakewood Development Corporation

NameTitleCompensation
Abraham MullerChairman of the Board$0
Moshe Zev WeisbergSecretary and Treasurer$0
Raymond ColesVice Chairman$0
Patricia KomsaExecutive Director
Daniel CzermakVice Chairman$0

Financials for Lakewood Development Corporation

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,038,304
Program services$0
Investment income and dividends$170,184
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$28,125
Total revenues$2,236,613

Form 990s for Lakewood Development Corporation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-09-03990View PDF
2022-122023-08-29990View PDF
2021-122022-08-05990View PDF
2020-122021-10-06990View PDF
2019-122020-11-24990View PDF
...and 10 more Form 990s
Data update history
November 14, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 4, 2022
Posted financials
Added Form 990 for fiscal year 2020
July 26, 2022
Updated personnel
Identified 1 new personnel
August 22, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Human servicesCommunity improvementEconomic development
Characteristics
Conservation easementState / local levelReceives government fundingManagement and technical assistanceTax deductible donationsAccepts online donations
General information
Address
231 Third St
Lakewood, NJ 08701
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Ocean County, NJ
Website URL
lakewoodnj.gov/department/uez 
Phone
(732) 364-2500
IRS details
EIN
31-1604974
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1997
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S31: Urban, Community Economic Development
NAICS code, primary
926110: Economic Development Corporations and Economic Program Organizations
Parent/child status
Independent
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