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HISTORIC DOWNTOWN SPECIAL IMPROVEMENTS DISTRICT

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Public IRS 990 nonprofit record

HISTORIC DOWNTOWN SPECIAL IMPROVEMENTS DISTRICT

EIN 22-3568902 · Chambers of Commerce & Business Leagues (S41)

What they do

ENHANCE ECONOMIC CLMATE IN BUSINESS DISTRICT

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $0.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders10 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$109.67spent for every $100 of revenueSpending was higher than revenue this year.
13.96%of revenue went to management and office costs12.7% of expenses
$0.06in assets for every $1 spent this yearSome assets cannot be spent right away.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $117,293 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,212,366
Mission workProgram services0.00% of revenue0.0% of expenses
ManagementOffice and general costs$169,29913.96% of revenue12.7% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Total expenses$1,329,659109.67% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 0.0% mission · 12.7% management · 0.0% fundraisingTotal expenses: 109.67% of revenue
2023Expense mix: 0.0% mission · 12.6% management · 0.0% fundraisingTotal expenses: 98.42% of revenue
2022Expense mix: 0.0% mission · 13.3% management · 0.0% fundraisingTotal expenses: 105.86% of revenue
2021Expense mix: 0.0% mission · 12.4% management · 0.0% fundraisingTotal expenses: 96.29% of revenue
2020Expense mix: 0.0% mission · 15.5% management · 0.0% fundraisingTotal expenses: 109.16% of revenue
2019Expense mix: 0.0% mission · 13.5% management · 0.0% fundraisingTotal expenses: 105.41% of revenue
2018Expense mix: 0.0% mission · 18.0% management · 0.0% fundraisingTotal expenses: 105.58% of revenue
2017Expense mix: 0.0% mission · 16.7% management · 0.0% fundraisingTotal expenses: 103.81% of revenue

Money in and money out

Revenue$1,212,366
Expenses$1,329,659
Annual shortfall $117,293 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Management and office costs$169,299 · 12.7% of expenses
See all reported dollar amounts
Revenue$1,212,366
Expenses$1,329,659
Assets$82,769
Income$1,212,366
Management and general$169,299
Accounting fees$21,627
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (10)

FRANK FIORE125 NEWARK AVENUE, JERSEY CITY, NJ 07302

GERALD BLANKMAN172 NEWARK AVE JERSEY CITY NJ 07302

ISABEL MENDEZ344 GROVE ST, JERSEY CITY, NJ 07302

JEREMY TIRPAK242 BAY ST, JERSEY CITY, NJ 07302

MARK KAHN126 NEWARK AVE, JERSEY CITY, NJ 07302

NIMA NILLI317 GROVE STREET JERSEY CITY NJ 07302

RACHEL BUDOW SIEG321 BALDWIN AVENUE, JERSEY CITY, NJ 07306

ROBYN GRODNER160 NEWARK AVE, JERSEY CITY, NJ 07302

SHERRY SINGH56 TERRACE AVE, WEST ORANGE, NJ 07052

STEVE KALCANIDES15 FREEDOM WAY, JERSEY CITY, NJ 07305

About this charity

Recognized since
January 1999
Location
344 GROVE STREET, JERSEY CITY, NJ 07302
County
Hudson
In care of
STEVE KALCANIDES
Primary officer
STEVE KALCANIDES, PRESIDENT

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
THEODORAKOS ASSOCIATES
NTEE classification
Chambers of Commerce & Business Leagues (S41)
IRS tax category
Chambers of Commerce & Business Leagues

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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