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Employer Identification Number 22-3523842

MARGATE BUSINESS ASSOCIATION INC is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:MARGATE BUSINESS ASSOCIATION INC
Employer identification number (EIN):22-3523842
EIN Issuing AuthorityBrookhaven, NY
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementTO PROMOTE THE ECONOMIC AND PHYSICAL REVITALIZATION AND WELFARE OF THE BUSINESSES AND BAY DISTRICT OF MARGATE INCLUDING THE ADVANCEMENT OF THE MARGATE COMMUNITY THROUGH LOCAL SCHOLARSHIPS, EVENTS TO PROMOTE FAMILY ACTIVITIES AND PROVIDING ASSISTANCE TO LOCAL GOVERNMENTS AND ORGANIZATIONS SITUATED IN THE CITY OF MARGATE, COUNTY OF ATLANTIC AND STATE OF NEW JERSEY.
Number of Employees2
Number of Volunteers0
Year Formed1997

Organization Governance

Legal DomicileNJ
Voting Members - Governing Body12
Voting Members - Independent11

Organization Financials

2023-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 146,609
Program Service Revenue from current yearUSD $ 132,111
Investment Income from prior yearUSD $ 1,862
Investment Income from current yearUSD $ 1,865
Other Revenue from prior yearUSD $ 22,315
Other Revenue from current yearUSD $ 31,909
Gross receipts from all sourcesUSD $ 331,431
Net assets / fund balances at end of fiscal yearUSD $ 163,379
Net assets / fund balances at beginning of fiscal yearUSD $ 164,932
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 163,379
Total assets at beginning of fiscal yearUSD $ 164,932
Revenues less expenses for current yearUSD $ -6,469
Revenues less expenses for previous yearUSD $ -30,641
Total expenses for current yearUSD $ 324,967
Total expenses for previous yearUSD $ 330,220
Other expenses in current yearUSD $ 216,584
Other expenses in previous yearUSD $ 203,202
Total fundraising expenses in current yearUSD $ 9,824
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 94,096
Employee salary and benefits paid in previous yearUSD $ 112,649
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 14,287
Grants and similar amounts paid in previous yearUSD $ 14,369
Total revenue in current fiscal yearUSD $ 318,498
Total revenue in previous fiscal yearUSD $ 299,579
Contributions and grants from current yearUSD $ 152,613
Contributions and grants from previous yearUSD $ 128,793
Gross income from fundraising eventsUSD $ 43,917
Revenue from membership duesUSD $ 27,775
Total of other revenueUSD $ 925
2022-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 122,455
Program Service Revenue from current yearUSD $ 146,609
Investment Income from prior yearUSD $ 1,944
Investment Income from current yearUSD $ 1,862
Other Revenue from prior yearUSD $ 27,194
Other Revenue from current yearUSD $ 22,315
Gross receipts from all sourcesUSD $ 310,823
Net assets / fund balances at end of fiscal yearUSD $ 164,932
Net assets / fund balances at beginning of fiscal yearUSD $ 204,365
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 164,932
Total assets at beginning of fiscal yearUSD $ 204,365
Revenues less expenses for current yearUSD $ -30,641
Revenues less expenses for previous yearUSD $ 13,652
Total expenses for current yearUSD $ 330,220
Total expenses for previous yearUSD $ 297,035
Other expenses in current yearUSD $ 203,202
Other expenses in previous yearUSD $ 172,692
Total fundraising expenses in current yearUSD $ 8,591
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 112,649
Employee salary and benefits paid in previous yearUSD $ 110,616
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 14,369
Grants and similar amounts paid in previous yearUSD $ 13,727
Total revenue in current fiscal yearUSD $ 299,579
Total revenue in previous fiscal yearUSD $ 310,687
Contributions and grants from current yearUSD $ 128,793
Contributions and grants from previous yearUSD $ 159,094
Gross income from fundraising eventsUSD $ 33,559
Revenue from membership duesUSD $ 11,360
2021-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 24,287
Program Service Revenue from current yearUSD $ 122,455
Investment Income from prior yearUSD $ 2,087
Investment Income from current yearUSD $ 1,944
Other Revenue from prior yearUSD $ 2,610
Other Revenue from current yearUSD $ 27,194
Gross receipts from all sourcesUSD $ 317,503
Net assets / fund balances at end of fiscal yearUSD $ 204,365
Net assets / fund balances at beginning of fiscal yearUSD $ 182,223
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 204,365
Total assets at beginning of fiscal yearUSD $ 182,223
Revenues less expenses for current yearUSD $ 13,652
Revenues less expenses for previous yearUSD $ -13,538
Total expenses for current yearUSD $ 297,035
Total expenses for previous yearUSD $ 187,614
Other expenses in current yearUSD $ 172,692
Other expenses in previous yearUSD $ 78,094
Total fundraising expenses in current yearUSD $ 5,226
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 110,616
Employee salary and benefits paid in previous yearUSD $ 102,012
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 13,727
Grants and similar amounts paid in previous yearUSD $ 7,508
Total revenue in current fiscal yearUSD $ 310,687
Total revenue in previous fiscal yearUSD $ 174,076
Contributions and grants from current yearUSD $ 159,094
Contributions and grants from previous yearUSD $ 145,092
Gross income from fundraising eventsUSD $ 33,192
Revenue from membership duesUSD $ 18,557
Total of other revenueUSD $ 818
2020-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 119,823
Program Service Revenue from current yearUSD $ 24,287
Investment Income from prior yearUSD $ 1,659
Investment Income from current yearUSD $ 2,087
Other Revenue from prior yearUSD $ 20,284
Other Revenue from current yearUSD $ 2,610
Gross receipts from all sourcesUSD $ 176,471
Net assets / fund balances at end of fiscal yearUSD $ 182,223
Net assets / fund balances at beginning of fiscal yearUSD $ 198,098
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 182,223
Total assets at beginning of fiscal yearUSD $ 198,098
Revenues less expenses for current yearUSD $ -13,538
Revenues less expenses for previous yearUSD $ -676
Total expenses for current yearUSD $ 187,614
Total expenses for previous yearUSD $ 277,803
Other expenses in current yearUSD $ 78,094
Other expenses in previous yearUSD $ 173,983
Total fundraising expenses in current yearUSD $ 884
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 102,012
Employee salary and benefits paid in previous yearUSD $ 94,987
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 7,508
Grants and similar amounts paid in previous yearUSD $ 8,833
Total revenue in current fiscal yearUSD $ 174,076
Total revenue in previous fiscal yearUSD $ 277,127
Contributions and grants from current yearUSD $ 145,092
Contributions and grants from previous yearUSD $ 135,361
Gross income from fundraising eventsUSD $ 5,005
Revenue from membership duesUSD $ 15,450
2019-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 77,802
Program Service Revenue from current yearUSD $ 119,823
Investment Income from prior yearUSD $ 1,242
Investment Income from current yearUSD $ 1,659
Other Revenue from prior yearUSD $ 16,182
Other Revenue from current yearUSD $ 20,284
Gross receipts from all sourcesUSD $ 284,768
Net assets / fund balances at end of fiscal yearUSD $ 198,098
Net assets / fund balances at beginning of fiscal yearUSD $ 198,774
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 198,098
Total assets at beginning of fiscal yearUSD $ 198,774
Revenues less expenses for current yearUSD $ -676
Revenues less expenses for previous yearUSD $ -14,419
Total expenses for current yearUSD $ 277,803
Total expenses for previous yearUSD $ 243,560
Other expenses in current yearUSD $ 173,983
Other expenses in previous yearUSD $ 140,500
Total fundraising expenses in current yearUSD $ 3,523
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 94,987
Employee salary and benefits paid in previous yearUSD $ 93,377
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 8,833
Grants and similar amounts paid in previous yearUSD $ 9,683
Total revenue in current fiscal yearUSD $ 277,127
Total revenue in previous fiscal yearUSD $ 229,141
Contributions and grants from current yearUSD $ 135,361
Contributions and grants from previous yearUSD $ 133,915
Gross income from fundraising eventsUSD $ 27,925
Revenue from membership duesUSD $ 18,000
2018-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 82,696
Program Service Revenue from current yearUSD $ 77,802
Investment Income from prior yearUSD $ 380
Investment Income from current yearUSD $ 1,242
Other Revenue from prior yearUSD $ 5,432
Other Revenue from current yearUSD $ 16,182
Gross receipts from all sourcesUSD $ 237,430
Net assets / fund balances at end of fiscal yearUSD $ 198,774
Net assets / fund balances at beginning of fiscal yearUSD $ 213,193
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 198,774
Total assets at beginning of fiscal yearUSD $ 213,193
Revenues less expenses for current yearUSD $ -14,419
Revenues less expenses for previous yearUSD $ -19,789
Total expenses for current yearUSD $ 243,560
Total expenses for previous yearUSD $ 231,696
Other expenses in current yearUSD $ 140,500
Other expenses in previous yearUSD $ 144,202
Total fundraising expenses in current yearUSD $ 3,401
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 93,377
Employee salary and benefits paid in previous yearUSD $ 73,993
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 9,683
Grants and similar amounts paid in previous yearUSD $ 13,501
Total revenue in current fiscal yearUSD $ 229,141
Total revenue in previous fiscal yearUSD $ 211,907
Contributions and grants from current yearUSD $ 133,915
Contributions and grants from previous yearUSD $ 123,399
Gross income from fundraising eventsUSD $ 24,471
Revenue from membership duesUSD $ 17,150
2017-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 84,399
Program Service Revenue from current yearUSD $ 82,696
Investment Income from prior yearUSD $ 591
Investment Income from current yearUSD $ 380
Other Revenue from prior yearUSD $ 10,359
Other Revenue from current yearUSD $ 5,432
Gross receipts from all sourcesUSD $ 225,231
Net assets / fund balances at end of fiscal yearUSD $ 213,193
Net assets / fund balances at beginning of fiscal yearUSD $ 232,982
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 213,193
Total assets at beginning of fiscal yearUSD $ 232,982
Revenues less expenses for current yearUSD $ -19,789
Revenues less expenses for previous yearUSD $ 28,906
Total expenses for current yearUSD $ 231,696
Total expenses for previous yearUSD $ 183,501
Other expenses in current yearUSD $ 144,202
Other expenses in previous yearUSD $ 114,265
Total fundraising expenses in current yearUSD $ 10,500
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 73,993
Employee salary and benefits paid in previous yearUSD $ 61,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 13,501
Grants and similar amounts paid in previous yearUSD $ 8,236
Total revenue in current fiscal yearUSD $ 211,907
Total revenue in previous fiscal yearUSD $ 212,407
Contributions and grants from current yearUSD $ 123,399
Contributions and grants from previous yearUSD $ 117,058
Gross income from fundraising eventsUSD $ 18,756
Revenue from membership duesUSD $ 14,700
2016-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 85,587
Program Service Revenue from current yearUSD $ 84,399
Investment Income from prior yearUSD $ 593
Investment Income from current yearUSD $ 591
Other Revenue from prior yearUSD $ 8,242
Other Revenue from current yearUSD $ 10,359
Gross receipts from all sourcesUSD $ 226,761
Net assets / fund balances at end of fiscal yearUSD $ 232,982
Net assets / fund balances at beginning of fiscal yearUSD $ 204,076
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 232,982
Total assets at beginning of fiscal yearUSD $ 204,076
Revenues less expenses for current yearUSD $ 28,906
Revenues less expenses for previous yearUSD $ 16,854
Total expenses for current yearUSD $ 183,501
Total expenses for previous yearUSD $ 201,511
Other expenses in current yearUSD $ 114,265
Other expenses in previous yearUSD $ 134,013
Total fundraising expenses in current yearUSD $ 12,000
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 61,000
Employee salary and benefits paid in previous yearUSD $ 58,750
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 8,236
Grants and similar amounts paid in previous yearUSD $ 8,748
Total revenue in current fiscal yearUSD $ 212,407
Total revenue in previous fiscal yearUSD $ 218,365
Contributions and grants from current yearUSD $ 117,058
Contributions and grants from previous yearUSD $ 123,943
Gross income from fundraising eventsUSD $ 24,713
Revenue from membership duesUSD $ 18,100
2015-12-31
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 92,568
Program Service Revenue from current yearUSD $ 85,587
Investment Income from prior yearUSD $ 538
Investment Income from current yearUSD $ 593
Other Revenue from prior yearUSD $ 1,984
Other Revenue from current yearUSD $ 8,242
Gross receipts from all sourcesUSD $ 224,538
Net assets / fund balances at end of fiscal yearUSD $ 204,076
Net assets / fund balances at beginning of fiscal yearUSD $ 187,222
Total liabilities at end of fiscal yearUSD $ 0
Total liabilities at beginning of fiscal yearUSD $ 0
Total assets at end of fiscal yearUSD $ 204,076
Total assets at beginning of fiscal yearUSD $ 187,222
Revenues less expenses for current yearUSD $ 16,854
Revenues less expenses for previous yearUSD $ 31,104
Total expenses for current yearUSD $ 201,511
Total expenses for previous yearUSD $ 184,296
Other expenses in current yearUSD $ 134,013
Other expenses in previous yearUSD $ 119,120
Total fundraising expenses in current yearUSD $ 12,000
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 58,750
Employee salary and benefits paid in previous yearUSD $ 55,000
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 8,748
Grants and similar amounts paid in previous yearUSD $ 10,176
Total revenue in current fiscal yearUSD $ 218,365
Total revenue in previous fiscal yearUSD $ 215,400
Contributions and grants from current yearUSD $ 123,943
Contributions and grants from previous yearUSD $ 120,310
Gross income from fundraising eventsUSD $ 14,415
Revenue from membership duesUSD $ 18,300

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 223523842

USA Mailing Address
PO BOX 3200
MARGATE CITY
NJ
08402
Date first seen: 2007-01-01
Date last seen: 2024-12-31

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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