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Chelsea Economic Development Corporation

EIN: 84-4798843Atlantic City, NJZIP: 08401
S20 - Community Improvement & Capacity Building501(c)(3)

Mission

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 neighborhood's 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.

Financials

YearRevenueExpensesAssets
2024$1M$0$420k
2023$772k$0$59k

Compensation

2024

Adalberto Lopez
Treasurer
officer (unspecified)
$0
$0
$0
$0
Scott Cronick
Secretary
officer (unspecified)
$0
$0
$0
$0
Ken Calemno
Board President
board president
$0
$0
$0
$0
Elizabeth Terenik
President
chief executive officer
$0
$0
$0
$0
Brian Jackson
Board Vice President
board president
$0
$0
$0
$0
David Hirsch
Member
board member
$0
$0
$0
$0
Monica Padovano Casiello
Member
board member
$0
$0
$0
$0
Julia Lawler
Member
board member
$0
$0
$0
$0
Victor Moreno
Member
board member
$0
$0
$0
$0
Olivia Ryter
Member
board member
$0
$0
$0
$0
Robert Ruffolo
Member
board member
$0
$0
$0
$0
Wendy Bartlett
Member
board member
$0
$0
$0
$0
Joe Dougherty
Member
board member
$0
$0
$0
$0
Sarah Clark
Member
board member
$0
$0
$0
$0
Barbara DeMarco
Member
board member
$0
$0
$0
$0
Christopher Downey
Member
board member
$0
$0
$0
$0

2023

Elizabeth Terenik
President
chief executive officer
$0
$0
$0
$0
Ken Calemno
Board President
board president
$0
$0
$0
$0
Brian Jackson
Board Vice President
board president
$0
$0
$0
$0
Adalberto Lopez
Treasurer
officer (unspecified)
$0
$0
$0
$0
Scott Cronick
Secretary
officer (unspecified)
$0
$0
$0
$0
Matt Levinson
Member
board member
$0
$0
$0
$0
Joe Dougherty
Member
board member
$0
$0
$0
$0
Sarah Clark
Member
board member
$0
$0
$0
$0
David Hirsch
Member
board member
$0
$0
$0
$0
Barbara DeMarco
Member
board member
$0
$0
$0
$0
Monica Padovano Casiello
Member
board member
$0
$0
$0
$0
Christopher Downey
Member
board member
$0
$0
$0
$0
Robert Ruffolo
Member
board member
$0
$0
$0
$0
Wendy Bartlett
Member
board member
$0
$0
$0
$0
Victor Moreno
Member
board member
$0
$0
$0
$0
Julia Lawler
Member
board member
$0
$0
$0
$0

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