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Newark Downtown District Management Corporation

Public charity
DBA: % ALEXANDRA SNAPE-ROGERS
Community Development · NEWARK, NJ · EIN 22-3646316
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About

The corporation's purpose is to revitalize downtown Newark by improving the economic viability of the central business district and enhance the quality of life for residents, workers, students and visitors.

In care of Alexandra Snape-Rogers

Donations are tax-deductible
Category
Community Development
Employees
18
Volunteers
12

Financial Snapshot

FY ending 2024-12-31
Revenue
$8.5M
Expenses
$6.9M
Assets
$11.2M
Liabilities
$7.6M

Financial history

$8.5M$4.3M$0
161718192021222324
RevenueExpenses
Latest FY2024: $8.5M · Peak FY2023: $8.5M · Avg: $5.9M
NEWARK DOWNTOWN DISTRICT MANAGEMENT CORPORATION
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Address

58 Park PL
Newark, NJ, 07102-430

Governance

Voting board members12
Independent members12
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Board approved compYes
Initial contract exceptionNo
Public records
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