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        <Desc>Marketing &amp; Promotions: We continued to market the downtown Red Bank business district to our residents, neighboring communities and counties, and through the tristate area. This consisted of a new branding campaign that launched on multiple different facets. Online, social, static, NJ Transit, and media ads were taken out in strategic areas driving more shoppers and diners to the district. In 2025 we were able to continue to grow our social media audience and our e-newsletter that now has over 7,000 emails. Both feature new businesses along with events taking place in the district.</Desc>
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        <PersonNm>Marta Quinn</PersonNm>
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        <PersonNm>Dorothy Whitehouse</PersonNm>
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        <PersonNm>Adam Phillipson</PersonNm>
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        <PersonNm>John Anderson</PersonNm>
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        <PersonNm>Olivia Ham</PersonNm>
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        <CurrentTaxYearMinus2YearsAmt>654012</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>806589</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>755904</CurrentTaxYearAmt>
        <TotalAmt>3456996</TotalAmt>
      </TotalCalendarYear170Grp>
      <SubstantialContributorsTotAmt>0</SubstantialContributorsTotAmt>
      <PublicSupportTotal170Amt>3456996</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <CurrentTaxYearMinus4YearsAmt>420</CurrentTaxYearMinus4YearsAmt>
        <CurrentTaxYearMinus3YearsAmt>1159</CurrentTaxYearMinus3YearsAmt>
        <CurrentTaxYearMinus2YearsAmt>21213</CurrentTaxYearMinus2YearsAmt>
        <CurrentTaxYearMinus1YearAmt>36738</CurrentTaxYearMinus1YearAmt>
        <CurrentTaxYearAmt>24450</CurrentTaxYearAmt>
        <TotalAmt>83980</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <UnrelatedBusinessNetIncm170Grp>
        <TotalAmt>0</TotalAmt>
      </UnrelatedBusinessNetIncm170Grp>
      <OtherIncome170Grp>
        <CurrentTaxYearMinus2YearsAmt>365450</CurrentTaxYearMinus2YearsAmt>
        <TotalAmt>365450</TotalAmt>
      </OtherIncome170Grp>
      <TotalSupportAmt>3906426</TotalSupportAmt>
      <PublicSupportCY170Pct>0.88500</PublicSupportCY170Pct>
      <PublicSupportPY170Pct>0.88670</PublicSupportPY170Pct>
      <ThirtyThrPctSuprtTestsCY170Ind>X</ThirtyThrPctSuprtTestsCY170Ind>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="IRS990ScheduleD" softwareId="25022934" softwareVersionNum="2025v4.1">
      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>75000</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>75000</DepreciationAmt>
      </LeaseholdImprovementsGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>8017</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>5551</DepreciationAmt>
        <BookValueAmt>2466</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>2466</TotalBookValueLandBuildingsAmt>
      <OtherAssetsOrgGrp>
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        <BookValueAmt>70995</BookValueAmt>
      </OtherAssetsOrgGrp>
      <TotalBookValueOtherAssetsAmt>70995</TotalBookValueOtherAssetsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>Lease liability</Desc>
        <Amt>70995</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>70995</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>780354</TotalRevEtcAuditedFinclStmtAmt>
      <OtherRevenueAmt>116676</OtherRevenueAmt>
      <RevenueNotReportedAmt>116676</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>663678</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>663678</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>906404</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>116676</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>116676</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>789728</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>789728</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990</FormAndLineReferenceDesc>
        <ExplanationTxt>Fundraising reported at gross $116676</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part XII, Line 2d: Other expenses and losses per audited F/S</FormAndLineReferenceDesc>
        <ExplanationTxt>Fundraising costs netted with revenue $116676</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleG documentId="IRS990ScheduleG" softwareId="25022934" softwareVersionNum="2025v4.1">
      <SolicitationOfNonGovtGrantsInd>X</SolicitationOfNonGovtGrantsInd>
      <SolicitationOfGovtGrantsInd>X</SolicitationOfGovtGrantsInd>
      <SpecialFundraisingEventsInd>X</SpecialFundraisingEventsInd>
      <AgrmtProfFundraisingActyInd>false</AgrmtProfFundraisingActyInd>
      <FundraisingEventInformationGrp>
        <Event1Nm>5K Run</Event1Nm>
        <GrossReceiptsEvent1Amt>69472</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>69472</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>55014</OtherDirectExpensesEvent1Amt>
        <Event2Nm>Oktober Fest</Event2Nm>
        <GrossReceiptsEvent2Amt>45711</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>45711</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>30390</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>1</OtherEventsTotalCnt>
        <GrossReceiptsOtherEventsAmt>12304</GrossReceiptsOtherEventsAmt>
        <GrossRevenueOtherEventsAmt>12304</GrossRevenueOtherEventsAmt>
        <OthDirectExpnssOtherEventsAmt>31272</OthDirectExpnssOtherEventsAmt>
        <GrossReceiptsTotalAmt>127487</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>127487</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>116676</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>116676</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>10811</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleO documentId="IRS990ScheduleO" softwareId="25022934" softwareVersionNum="2025v4.1">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section A, Line 7a</FormAndLineReferenceDesc>
        <ExplanationTxt>Commercial property owners in the Special Improvement District elect their Board of Directors by a ballot that is mailed to them annually. Officers are then elected at the next board meeting.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>The executive committee meets twice a month and the board meets quarterly. The form 990 is reviewed by the treasurer and then brought to the board for discussion and approval.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>All board members have a copy of the Center's conflict of interest policies. Any issues are brought to the executive committee, then to the board. Issues are resolved at the board meetings.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>The board compares information obtained from similar organizations in comparable size towns. The information is used by the executive committee when preparing the annual budget. The budget is approved by the board annually.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Information is provided upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>