2024-02-09T12:33:46-08:00 2022-12-31 202466693 Donna Foxman CPA 105 Foxwood Terrace Toms River NJ 08755 990 2022-01-01 223133371 Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter SPEC 7328424244 46 English Plaza 6B Red Bank NJ 07701 Robert Zuckerman Executive Director 2024-02-09 true Robert Zuckerman 999009999 true Donna Foxman CPA P01320600 7323497638 X 2 AAL1 IAL1 FAL1 2022 2023-04-26 12:10:37Z Robert Zuckerman 863086 false X www.RedBank.org X 1991 NJ Red Bank RiverCenter is the management organization for the entire downtown business district. It manages business recruitment, promotional events and capital projects in addition to business assistance and work with the Borough of Red Bank. 25 25 6 0 39974 5125 643529 630422 420 1532 50722 9117 734645 646196 0 0 204833 137539 0 0 384615 407014 589448 544553 145197 101643 535503 1124925 617911 1101815 -82408 23110 X RiverCenter's mission is to cultivate and promote a thriving economic environment in downtown Red Bank. RiverCenter employs programs in business recruitment, marketing and promotions, design, development management and capital improvement. false false 390044 Design & Infrastructure: - Kept downtown sidewalks and curbsides litter free through the efforts of our part-time sidewalk ambassador. - Beautified our streetscapes with seasonal blooms from April to November through our Horticulture Program, a partnership between RiverCenter, the Borough of Red Bank, and volunteers from the Navesink Garden Club. - Brightened our street with lights and holiday decorations to enhance sales and good holiday cheer. - Reviewed and commented on more than 40 construction proposals and worked with business owners and the borough to ensure facades and signage met guidelines. Business Recruitment and Retention:RiverCenter continued to assist our business community emerge from both the pandemic and the reconstruction of Broad Street by focusing our efforts on programs that kept our business district competitive with other nearby shopping centers, strip malls, and downtowns. We met with prospective new business owners and introduced them to potential spaces where they could house their businesses, and we worked with our local broker community to assist them in marketing downtown Red Bank. We attended hearings to support applications for new businesses and mixed-use properties that would bring in more foot traffic for our current businesses. We aimed a spotlight on new businesses by promoting them through our social media and our digital communications and by helping them mount successful grand opening celebrations. Marketing & Promotions: Using a multichannel approach, we marketed the downtown Red Bank business district to our own residents, neighboring communities and counties, statewide, and into the tristate region including New York City and Philadelphia: - Developed and launched a new, weekly digital newsletter called the Red Bank Beat,featuring new and existing businesses and special events taking place downtown. The Red Bank Beat has become an extremely popular marketing tool with an open rate averaging 45% - almost unheard of in the digital marketing space. - Continued our expansion of social media, garnering nearly 11,000 total followers on Facebook and over 14,000 total followers on Instagram. - Launched promotional events that brought thousands of people into town and introduced them to our restaurants, retailers, and service providers. 390044 true false false false false false false false false false true false false true true false true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 9 0 true 6 true false false false false false false false 0 false false false false false false false X 25 25 false false false false true true true true true false false true true true true true true true true false NJ X X X corporation 7328424244 46 English Plaza Suite 6B Red Bank NJ 07701 X Robert Zuckerman Exec. Director 40.00 0.00 53846 0 0 Ed Zipprich Director 2.00 0.00 X 0 0 0 Kevin Barry Director 2.00 0.00 X 0 0 0 Stephen Catania Treasurer 2.00 0.00 X X 0 0 0 Lauren Nicosia Director 2.00 0.00 X 0 0 0 Louis Andrianos Director 2.00 0.00 X 0 0 0 Ben Forest Director 2.00 0.00 X 0 0 0 Ingeborg Perndorfer Director 2.00 0.00 X 0 0 0 Mary DeMont Secretary 2.00 0.00 X X 0 0 0 Michael DeSimone Director 2.00 0.00 X 0 0 0 Angela Courtney Director 2.00 0.00 X 0 0 0 Jay Herman Director 2.00 0.00 X 0 0 0 Sheila Hintze Director 2.00 0.00 X 0 0 0 John Anderson Director 2.00 0.00 X 0 0 0 Amy Russo Director 2.00 0.00 X 0 0 0 Ayca User Director 2.00 0.00 X 0 0 0 Steven Denholtz Director 2.00 0.00 X 0 0 0 Courtney Schroeder Director 2.00 0.00 X 0 0 0 Cassie Murphy Director 2.00 0.00 X 0 0 0 Samantha Bowers-Crader Chairman 2.00 0.00 X X 0 0 0 Sam Jain Director 2.00 0.00 X 0 0 0 Lauren Dezzi Director 2.00 0.00 X 0 0 0 Carl DeAngelis Director 2.00 0.00 X 0 0 0 Eric Horowitz Director 2.00 0.00 X 0 0 0 Adam Phillipson Vice Chair 2.00 0.00 X X 0 0 0 Edward McKenna Director 2.00 0.00 X 0 0 0 53846 0 false false false 0 5125 5125 Programs & events 50452 50452 Red Bank assessment 579970 579970 630422 1159 1159 0 0 0 175000 174627 373 373 373 51380 42263 9117 0 0 0 646196 631954 0 0 0 0 53846 26923 26923 0 67552 44652 22900 0 5861 5861 10280 6070 4210 0 290 20 270 33890 16800 17090 0 0 0 0 51640 51640 17755 10648 7107 0 0 36000 25200 10800 0 0 0 2049 2049 0 1067 1067 8135 5411 2724 Infrastructure/design 79129 79129 Consultants 54751 54751 Visitors Center 50000 50000 Program & event costs 43402 43402 28906 24288 4618 544553 390044 154509 0 253340 187723 257620 717692 0 2870 6935 0 0 0 0 17832 21218 80337 77563 3841 2774 0 0 0 0 188583 535503 1124925 21539 6926 596372 545856 549033 617911 1101815 X -82408 23110 -82408 23110 535503 1124925 101643 3875 X false true X true false X 55000 92500 86001 39974 5125 278600 532120 538120 564970 564970 579970 2780150 0 587120 630620 650971 604944 585095 3058750 0 3058750 2341 4184 3259 420 1532 11736 0 0 3070486 0.99620 0.99650 X 75000 75000 5337 2563 2774 2774 Right of use asset 188583 188583 Deferred revenue 360450 Lease liability 188583 549033 692334 3875 42263 46138 646196 646196 586816 42263 42263 544553 544553 Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Fundraising reported at gross $42263 Part XII, Line 2d: Other expenses and losses per audited F/S Fundraising costs netted with revenue $42263 X X X false 5K Run 51017 51017 31945 51017 51017 31945 31945 19072 Form 990, Part III, Line 4d OTHER PROGRAM SERVICES 4: Design & Infrastructure: - Kept downtown sidewalks and curbsides litter free through the efforts of our part-time sidewalk ambassador. - Beautified our streetscapes with seasonal blooms from April to November through our Horticulture Program, a partnership between RiverCenter, the Borough of Red Bank, and volunteers from the Navesink Garden Club. - Brightened our street with lights and holiday decorations to enhance sales and good holiday cheer. - Reviewed and commented on more than 40 construction proposals and worked with business owners and the borough to ensure facades and signage met guidelines. Form 990, Part VI, Section A, Line 7a Commercial property owners in the Special Improvement District elect their Board of Directors by a ballot that is mailed to them annually. Officers are then elected at the next board meeting. Form 990, Part VI, Section B, Line 11b The executive committee meets twice a month and the board meets quarterly. The form 990 is reviewed by the treasurer and then brought to the board for discussion and approval. Form 990, Part VI, Section B, Line 12c All board members have a copy of the Center's conflict of interest policies. Any issues are brought to the executive committee, then to the board. Issues are resolved at the board meetings. Form 990, Part VI, Section B, Line 15a The board compares information obtained from similar organizations in comparable size towns. The information is used by the executive committee when preparing the annual budget. The budget is approved by the board annually. Form 990, Part VI, Section C, Line 19 Information is provided upon request.