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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·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 · Schedule J · 1 reported individual · Filing year 2024

Administrative Assistant
key employee
$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

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.

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

Revenue and expenses over time

IRONBOUND BUSINESS IMPROVEMENT DISTRICT MANAGEMENT CORPORATION reported revenue and expenses across 3 filing years.

RevenueExpenses
$1.1M
$1.1M
2022
$1M
$1.1M
2023
$1.3M
$1.3M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New Jersey

Comparable community improvement & capacity building organizations in New Jersey pay their highest-earning executive a median of $72,716.

25th percentile
$34k
Median
$72,716
75th percentile
$165k
90th percentile
$311k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 58 organizations across 58 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New Jersey
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