DELAWARE BAY ECONOMIC DEVELOPMENT CORPORATION
Reduce your risk when donating: see where the money actually goes.
Reduce your risk when donating: see where the money actually goes.
Cite this
Plain text DELAWARE BAY ECONOMIC DEVELOPMENT CORPORATION. furp.org, nonprofit organization profile, tax years 2024. https://furp.org/org/delaware-bay-economic-development-corporation-851189903. Retrieved 2026-11-15.
APA furp.org. (n.d.). DELAWARE BAY ECONOMIC DEVELOPMENT CORPORATION [Nonprofit organization profile; tax years 2024]. Retrieved November 15, 2026, from https://furp.org/org/delaware-bay-economic-development-corporation-851189903
MLA “DELAWARE BAY ECONOMIC DEVELOPMENT CORPORATION.” furp.org, tax years 2024, https://furp.org/org/delaware-bay-economic-development-corporation-851189903. Accessed 15 Nov. 2026.
Retrieved 2026-11-15; covers tax years 2024. Data: furp.org (index © the FURP Alliance; the records are public domain).
2024 · Form 990EZ · revenue $179K ($184K in 2025 dollars) · expenses $17K · assets $162K
- EIN
- 85-1189903
- Address
- 1039 YE GREATE ST, GREENWICH, NJ 08323-2323
- NTEE code
- S31 Urban, Community Economic Development (Community Improvement and Capacity Building) published (IRS Business Master File)
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- June 2021 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (public charity) Pub 78 ↗
- Foundation status
- Public charity supported by the public (170(b)(1)(a)(vi))
- Principal officer
- JAMES STORM (its 2025 Form 990-N)
- Form 990-N e-postcards
- 1 filed, 2025 (organizations with gross receipts normally $50,000 or less file this instead of a full Form 990) IRS data ↗
- Cross-check
- ProPublica Nonprofit Explorer
Mission
The Corporation is organized and operated to promote social welfare and economic development by engaging in activities that combat community deterioration, lessen neighborhood tensions, lower rates of crime, alleviate unemployment, and serve the needs of the poor and distressed.
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 3 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
3 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| L Michael DiVietro III | Director/Executive Vice President | 2024 | 20 | $0 reported | 1 |
| James W Storm | Director | 2024 | 0 | $0 reported | 1 |
| James F Storm | Director President/CEO | 2024 | 20 | $0 reported | 1 |
People by year
2024 · 3 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| L Michael DiVietro III | Director/Executive Vice President | 20 | $0 | - | $0 | $0 | 1 |
| James W Storm | Director | 0 | $0 | - | $0 | $0 | 1 |
| James F Storm | Director President/CEO | 20 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
No independent contractors reported.
Who gave
Contributor names are not public for this form type.
Public charities filing Form 990 or 990-EZ report large donors on Schedule B, but the IRS withholds their names and addresses from public copies. Private foundations (990-PF) are different: their contributors are public.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990EZ | ||||||||
| $179,000 | $16,987 | $162,013 | $162,013 | $179,000 | $0 | - | - | - |
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Nearby + Similar BETA
Organizations like this one: what they do and who they are linked to
Same category: NTEE code and revenue
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. NTEE: the IRS’s code when it lists one, otherwise FURP’s inferred code. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| SHILOH COMMUNITY DEVELOPMENT CORPORATION | NJ | S31 | $295,470 | $417,370 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x, same state, similar name |
| BROADWAY IMPROVEMENT CORPORATION | NJ | S31 | $121,306 | $110,513 | SECRETARY | $0 | Same NTEE code S31, revenue within 2x, same state |
| MIDTOWN ELIZABETH DISTRICT MANAGEMENT CORPORATION INC | NJ | S31 | $262,352 | $213,473 | Executive Director | $83,981 | Same NTEE code S31, revenue within 2x, same state |
| PLAINFIELD CENTRAL BUSINESS DISTRICT MANAGEMENT CORPORATION | NJ | S31 | $253,657 | $270,173 | Executive Director | $88,846 | Same NTEE code S31, revenue within 2x, same state |
| THE ANDRE SAYEGH CIVIC ASSOCIATION | NJ | S31 | $141,617 | $144,434 | TREASURER | $7,500 | Same NTEE code S31, revenue within 2x, same state |
| BOUND BROOK REVITALIZATION PARTNERSHIP A NJ NON PROFIT CORPOR | NJ | S31 | $306,223 | $284,347 | Chairperson | $0 | Same NTEE code S31, revenue within 2x, same state |
| NEDC FINANCIAL MANAGEMENT CORP | NJ | S31 | $178,541 | $10,525 | PRESIDENT | $207,514 | Same NTEE code S31, revenue within 2x, same state |
| BUNKER HILL INDUSTRIAL PARK SPECIAL IMPROVEMENT DISTRICT MGT CORP | NJ | S31 | $236,220 | $85,778 | CHAIRMAN | $0 | Same NTEE code S31, revenue within 2x, same state |
| JERSEY CITY PROJECT INC | NJ | S31 | $101,308 | $104,599 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x, same state |
| SYRACUSE ECONOMIC DEVELOPMENT CORPORATION | NY | S31 | $214,549 | $983,495 | SECRETARY | $0 | Same NTEE code S31, revenue within 2x, similar mission |
| ALTON ECONOMIC DEVELOPMENT CORPORATION | IA | S31 | $164,977 | $173,647 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x, similar name |
| BARRON COUNTY ECONOMIC DEVELOPMENT CORPORATION | WI | S31 | $169,310 | $177,891 | EXECUTIVE DIRECTOR | $73,430 | Same NTEE code S31, revenue within 2x, similar name |
| RIFLE ECONOMIC DEVELOPMENT CORPORATION | CO | S31 | $185,553 | $215,209 | President | $0 | Same NTEE code S31, revenue within 2x, similar name |
| SIERRA ECONOMIC DEVELOPMENT CORPORATION | CA | S31 | $106,319 | $545,192 | CEO | $8,440 | Same NTEE code S31, revenue within 2x, similar name |
| LAKE COUNTY ECONOMIC DEVELOPMENT CORPORATION | CO | S31 | $148,742 | $103,906 | EXEC DIRECTO | $0 | Same NTEE code S31, revenue within 2x, similar name |
| HARRISON COUNTY ECONOMIC DEVELOPMENT CORPORATION | WV | S31 | $226,575 | $218,416 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x, similar name |
| MAYA ECONOMIC DEVELOPMENT CORPORATION | NE | S31 | $159,439 | $368,132 | CEO/DIRECTOR | $21,731 | Same NTEE code S31, revenue within 2x, similar name |
| DEL NORTE ECONOMIC DEVELOPMENT CORPORATION | CA | S31 | $102,114 | $270,850 | BD MBR | $0 | Same NTEE code S31, revenue within 2x, similar name |
| BATES COMMUNITY DEVELOPMENT CORPORATION | KY | S31 | $300,410 | $409,307 | DIRECTOR | $0 | Same NTEE code S31, revenue within 2x, similar mission |
| CARBON COUNTY ECONOMIC DEVELOPMENT CORPORATION | WY | S31 | $103,042 | $147,245 | PRESIDENT | $0 | Same NTEE code S31, revenue within 2x, similar name |
| LEMMON AREA CHARITABLE AND ECONOMIC DEVELOPMENT CORPORATION | SD | S31 | $276,018 | $306,190 | Executive Dir. | $43,200 | Same NTEE code S31, revenue within 2x, similar name |
| CALHOUN COUNTY ECONOMIC DEVELOPMENT CORPORATION | IA | S31 | $262,824 | $304,231 | DIRECTOR | $60,668 | Same NTEE code S31, revenue within 2x, similar name |
| REGIONAL ECONOMIC DEVELOPMENT CORPORATION OF SOUTHWESTERN PENNSY | PA | S31 | $323,611 | $34,010 | PRESIDENT | $712,374 | Same NTEE code S31, revenue within 2x, similar mission |
| ARANSAS COUNTY PARTNERSHIP ECONOMIC DEVELOPMENT CORPORATION | TX | S31 | $249,546 | $233,831 | President | $97,350 | Same NTEE code S31, revenue within 2x, similar name |
| EAST FALLS DEVELOPMENT CORPORATION | PA | S31 | $251,481 | $251,248 | Exec Director | $77,449 | Same NTEE code S31, revenue within 2x, similar name |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990EZ · $16,987 spent · pay $0 · grants $0 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Fees to independent contractors | $14,437 | 85.0% | |
| Occupancy, rent, utilities, maintenance | $2,550 | 15.0% | |
| Total | $16,987 | 100% |
Others with the same interests
NTEE code Urban, Community Economic Development, NJ first:
- NEW LIFE COMMUNITY DEVELOPMENT CORP NJ
- COMMUNITY CREDIT COUNSELING CORPORATION NJ
- SHILOH COMMUNITY DEVELOPMENT CORPORATION NJ
- CARIBBEAN AMERICAN DEVELOPMENT CORP NJ
- SOUTH JERSEY TOURISM CORPORATION A NEW JERSEY NON-PROFIT CORPORATION NJ
- FAMILY OF RAINBOW ECONOMIC COMMUNITY DEVELOPMENT CORPORATION NJ
- DPRT COMMUNITY DEVELOPMENT CORP NJ
- BROADWAY IMPROVEMENT CORPORATION NJ
- WORKFORCE AND REVITALIZATION FOR COMM INC NJ
- NATIONAL EDUCATIONAL NETWORK INC NJ
In other datasets, the same topic (Community) in NJ:
- Lobbying client: BABYLAND FAMILY SERVICES (Federal lobbying (LDA))
Interests: Urban, Community Economic Development · Community
The area Census
County outline, the place (blue), the tract (orange) and the ZIP center (dot).
In Census Tract 105, Cumberland County, New Jersey, place (city or town) Greenwich CDP (Warren County), NJ, county Cumberland County, NJ, state New Jersey; placed by its ZIP code (county and tract) and city name (place). The tract is the tract holding most of the record's ZIP code (FURP does not geocode street addresses).
- Revenue of $179,000 is $67 per resident of Greenwich CDP (Warren County), NJ (population 2,679).
- That revenue equals 0.13% of all household income in Greenwich CDP (Warren County), NJ (844 households at the median $164,167, about $138,556,948).
| Measure | Census tract Census Tract 105, Cumberland County, New Jersey | Place (city or town) Greenwich CDP (Warren County), NJ | County Cumberland County, NJ | State New Jersey |
|---|---|---|---|---|
| Population B01003 | 2,043 | 2,679 | 153,305 | 9,343,809 |
| Population, 2020 census P1 | 2,083 | 2,558 | 154,152 | 9,288,994 |
| Median age B01002 | 46.4 | 38.8 | 37.7 | 40.1 |
| Under 18 B01001 | 20.9% | 30.7% | 24.4% | 21.8% |
| 65 and over B01001 | 23.8% | 6.5% | 15.8% | 17.2% |
| Households B11001 | 830 | 844 | 53,781 | 3,507,701 |
| Foreign born B05002 | 3.9% | 17.8% | 12.7% | 23.9% |
| Median household income B19013 | $94,844 | $164,167 | $67,436 | $103,556 |
| Median family income B19113 | $114,464 | $164,817 | $80,948 | $127,025 |
| Per capita income B19301 | $47,259 | $53,959 | $32,721 | $54,253 |
| Poverty rate B17001 | 7.7% | 2.1% | 15.6% | 9.7% |
| Unemployment rate B23025 | 7.2% | 7.3% | 6.8% | 6.3% |
| Civilian labor force B23025 | 948 | 1,513 | 69,023 | 5,003,179 |
| Mean commute (minutes) B08013 | 30.2 | 39.8 | 25.5 | 30.5 |
| Bachelor's degree or higher B15003 | 35.1% | 51.9% | 18.9% | 43.6% |
| Housing units B25001 | 933 | 844 | 57,282 | 3,791,354 |
| Owner-occupied B25003 | 92.9% | 99.2% | 66.5% | 63.8% |
| Renters B25003 | 7.1% | 0.8% | 33.5% | 36.2% |
| Median home value B25077 | $268,300 | $468,400 | $221,400 | $454,400 |
| Median gross rent B25064 | $1,300 | $-666,666,666 | $1,282 | $1,720 |
| White, not Hispanic B03002 | 81.0% | 47.3% | 40.9% | 50.9% |
| Black B03002 | 3.5% | 13.4% | 16.4% | 12.2% |
| Hispanic or Latino B03002 | 10.6% | 15.3% | 35.7% | 22.5% |
| Asian B03002 | 0.6% | 16.8% | 1.4% | 10.0% |
| American Indian and Alaska Native B03002 | 0.7% | 0.3% | 0.4% | 0.1% |
Data: IPUMS NHGIS (ACS 2020-2024 and the 2020 census); each figure links to its table for that area at data.census.gov. Records are placed by ZIP code and city name, not street address. More: everything FURP has in Census Tract 105, Cumberland County, New Jersey.
Comments