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EIN 06-1667411

Toms River Business Development

IRS 501(c) type
501(c)(3)
Num. employees
6
City
Toms River
State
New Jersey
Year formed
2002
Most recent tax filings
2023-12-01
NTEE code, primary
S31: Urban, Community Economic Development
Description
Toms River Business Development enhances the economic viability of the downtown Toms River business district through marketing, public relations, business assistance and promotion of the Toms River Business improvement district. The organization was established by a supplement to the "Code of the Township of Toms River" adding Chapter 440, S.
Also known as...
Toms River Business Development Corporation; Toms River Business Improvement Dist
Total revenues
$424,649
2023
Total expenses
$468,297
2023
Total assets
$761,985
2023
Num. employees
6
2023

Program areas at Toms River Business Development

The organization performs marketing, public relations, buiness assistance and promotion of the Toms River Business improvement district.

Personnel at Toms River Business Development

NameTitleCompensation
Melissa FernandezExecutive Director
Liz ThomsonBookkeeper
Lee PeltonTreasurer$0
Michael HovanceCorrespondin$0
William BeiningVice Chairman$0
...and 4 more key personnel

Financials for Toms River Business Development

RevenuesFYE 12/2023
Total grants, contributions, etc.$5,625
Program services$416,840
Investment income and dividends$2,184
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$0
Total revenues$424,649

Form 990s for Toms River Business Development

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-15990View PDF
2022-122023-09-21990View PDF
2021-122022-10-10990View PDF
2020-122021-11-03990View PDF
2019-122021-02-26990View PDF
...and 10 more Form 990s
Data update history
December 17, 2024
Updated personnel
Identified 1 new personnel
December 4, 2024
Posted financials
Added Form 990 for fiscal year 2023
October 26, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 26, 2023
Updated personnel
Identified 2 new personnel
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Public sector nonprofitsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
State / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
53 Main St
Toms River, NJ 08753
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Ocean County, NJ
Website URL
downtowntomsriver.com/ 
Phone
(732) 341-8738
IRS details
EIN
06-1667411
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2002
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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