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Filing year 2024

IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION

Newark, New Jersey·EIN 22-3768103·NTEE S400 · Community Improvement & Capacity Building·501(c)(3)
Total revenue
$1.3M
Total assets
$388k
Total expenses
$1.3M
Reported officers
13
Mission

THE IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORP. IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AND THE REGULATIONS THEREUNDER AS THEY MAY HEREAFTER BE AMENDED TO SERVE AS THE DISTRICT MANAGEMENT CORPORATION FOR THE IRONBOUND SPECIAL IMPROVEMENT DISTRICT PROVISION PURSUANT TO N.J.S.A. 40:56-65 ET SEQ.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Community Improvement & Capacity Building organizations nationwide.

Administrative Assistant
Key Employee
10th to 25th percentile
$54k
$59k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 12 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2024)
4%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,247 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Climbed 8%
over 2 years

From $50k in 2022 to $54k in 2024.

$50k
2022
$51k
2023
$54k
2024
In today's dollarsEst.
Roughly flat in real terms$59k to $59k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Key Employee pay rose 8% from 2022 to 2024, while revenue rose 26%.

$50k in 2022 to $54k in 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION

What does the Key Employee of IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION earn?

In 2024, the Key Employee of IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION received $54,261 in total compensation. This pay is in the bottom quarter for Key Employee roles among Community Improvement & Capacity Building organizations nationwide, above the lowest 10% of comparable filings. Based on IRS Form 990 data.

How does Key Employee pay at IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION compare with similar nonprofits?

Compared with the same role at Community Improvement & Capacity Building organizations nationwide, the 2024 pay of the Key Employee at IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION falls between the 10th and 25th percentiles. In 2024, the highest total compensation at IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION equaled 4% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

What are IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION's revenue and expenses?

In 2024, IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION reported $1.3M in total revenue and $1.3M in total expenses on its IRS Form 990.

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