Nonprofit · EIN 20-3531068
FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC
Tax-exempt · FAIR LAWN, NJ 07410
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $90,135 | $84,882 | $5,253 | $52,770 | $33,702 | $19,068 |
| December 31, 2024 | 990 | $263,692 | $238,788 | $24,904 | $41,180 | $27,361 | $13,819 |
| December 31, 2023 | 990-EZ | $26,141 | $164,820 | -$138,679 | $1,007 | $12,092 | -$11,085 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $90,000
- Program service revenue
- $0
- Investment income
- $135
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $26,667
- Professional fees and payments to contractors
- $4,925
- Printing, publications and postage
- $306
- Other expenses
- $52,984
- Program services (functional)
- $84,886
Balance sheet and other
- Total assets, start of year
- $41,180
- Total assets, end of year
- $52,770
- Total liabilities, end of year
- $33,702
- Net assets, end of year
- $19,068
- Cash, savings and investments
- $52,770
- Gross receipts
- $90,135
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Abigail Katznelson | President | 1 | $0 |
| Allen Weitzman | VP & Secretary | 1 | $0 |
| Frank Hall | Treasurer | 1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Abigail Katznelson | President Trustee or director, Officer | 1 | $0 |
| Allen Weitzman | VP & Secretary Trustee or director, Officer | 1 | $0 |
| Frank Hall | Treasurer Trustee or director, Officer | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Abigail Katznelson | President | 1 | $0 |
| Allen Weitzman | VP & Secretary | 1 | $0 |
| Frank Hall | Treasurer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 8-01 FAIR LAWN AVENUE, FAIR LAWN, NJ 07410-1800
- In care of
- % DONALD R SMARTT
- Signed the 990-EZ
- Frank Hall, Treasurer
- Phone
- (201) 444-5070
- Return prepared by
- WEINSTEIN & WEINSTEIN CPA'S
Mission
Providing oversight and assistance to the business community in the Borough of Fair Lawn.
Program accomplishments
- Supported the business communityExpenses $84,886
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 20-3531068
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $52,770
- Income (IRS master file)
- $90,135
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $90,135 | $84,882 | $52,770 | XML |
| 990 | December 2024 | $263,692 | $238,788 | $41,180 | XML |
| 990-EZ | December 2023 | $26,141 | $164,820 | $1,007 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-3531068).
Questions about FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC
- What is the EIN of FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC?
- The employer identification number (EIN) of FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC is 20-3531068.
- Is FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC?
- The 990-EZ for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does FAIR LAWN ECONOMIC DEVELOPMENT CORPORATION INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $90,135, expenses of $84,882 and total assets of $52,770 at year end.
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All nonprofits in FAIR LAWN · New Jersey · Community improvement and capacity building