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CHELSEA ECONOMIC DEVELOPMENT CORPORATION

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Public IRS 990 nonprofit record

CHELSEA ECONOMIC DEVELOPMENT CORPORATION

EIN 84-4798843 · Community & Neighborhood Development (S20)

No paid report availableWe do not sell postcard or incomplete reports.

What they do

The Chelsea Economic Development Corporation [Chelsea EDC / CEDC] is Partnering With Residents, Businesses and Community Organizations to Activate Projects Which Expand Economic Opportunity and Improve The Quality of Life In The Chelsea Neighborhood of Atlantic City. The Projects Leverage The Diversity and Determination of The People; The Neighborhoods Beautiful Natural Assets Such As The Beach; The Numerous and Iconic Business Districts; and The Stability and Commitment of The Anchor Institutions and Businesses Organizations to Build On What is A Great Neighborhood.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $89.00 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

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 leaders16 people are listed in the latest report.

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

Money made simple

89.0%of expenses went to mission workForm 990 program services
11.0%of expenses went to managementOffice and general costs

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.

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 quick look at the charity’s latest reported finances. The available records are too limited for us to sell a complete report.

Revenue$1,032,881
Expenses$985,302
Assets$419,980

How reported expenses were divided

This free view shows the broad spending mix. Exact dollar amounts and revenue comparisons are included in the complete report.

Mission workProgram services89.0%of expenses
ManagementOffice and general costs11.0%of expenses
FundraisingAsking for donations0.0%of expenses

Mission work is the Form 990 category called program services. These are the organization’s reported accounting categories, not an independent measure of results.

About this charity

Recognized since
January 2020
Location
3750 ATLANTIC AVE, ATLANTIC CITY, NJ 08401-0000
County
Atlantic
In care of
% ACEDVCO

How to reach them

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

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