Nonprofit · EIN 22-3133371
SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC
Tax-exempt · RED BANK, NJ 07701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $663,678 | $789,728 | -$126,050 | $698,130 | $490,687 | $207,443 |
| December 31, 2024 | 990 | $883,294 | $963,643 | -$80,349 | $916,730 | $583,237 | $333,493 |
| December 31, 2023 | 990 | $1,051,896 | $670,711 | $381,185 | $1,055,338 | $641,496 | $413,842 |
| December 31, 2022 | 990 | $646,196 | $544,553 | $101,643 | $1,124,925 | $1,101,815 | $23,110 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $628,417
- Investment income
- $24,450
- Net income from fundraising events
- $10,811
- Other revenue
- $10,811
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $115,000
- Other salaries and wages
- $142,318
- Salaries, compensation and benefits (total)
- $293,627
- Professional fundraising fees
- $0
- Occupancy
- $37,992
- Depreciation
- $854
- Program services (functional)
- $582,555
- Management and general (functional)
- $207,173
Balance sheet and other
- Total assets, start of year
- $916,730
- Total assets, end of year
- $698,130
- Total liabilities, end of year
- $490,687
- Net assets, end of year
- $207,443
- Land, buildings and equipment
- $2,466
- Net assets without donor restrictions
- $207,443
- Gross receipts
- $780,354
- Employees
- 6
- Year formed
- 1991
- State of legal domicile
- NJ
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 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Mairin Bellack | Executive Director | 40 | $115,000 |
| Jason Daniels | Director Trustee or director | 2 | $0 |
| Debbie Eisenstein | Director Trustee or director | 2 | $0 |
| Jim Gant | Director Trustee or director | 2 | $0 |
| Jared Patrick Yuro | Director Trustee or director | 2 | $0 |
| Louis Andrianos | Director Trustee or director | 2 | $0 |
| Cassie Murphy | Director Trustee or director | 2 | $0 |
| Ingeborg Perndorfer | Director Trustee or director | 2 | $0 |
| Mary DeMont | Director Trustee or director | 2 | $0 |
| Stephen Raciti | Director Trustee or director | 2 | $0 |
| Angela Courtney | Director Trustee or director | 2 | $0 |
| Jay Herman | Director Trustee or director | 2 | $0 |
| Larsen Whelan | Director Trustee or director | 2 | $0 |
| Jim Scavone | Director Trustee or director | 2 | $0 |
| Kate Triggiano | Director Trustee or director | 2 | $0 |
16 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jen Clarke | Director Trustee or director | 2 | $0 |
| Adam Rechnitz | Director Trustee or director | 2 | $0 |
| Michele Lawson | Director Trustee or director | 2 | $0 |
| Marta Quinn | Director Trustee or director | 2 | $0 |
| Samantha Bowers | Director Trustee or director | 2 | $0 |
| Dorothy Whitehouse | Director Trustee or director | 2 | $0 |
| Adam Phillipson | Director Trustee or director | 2 | $0 |
| John Anderson | Chairman Trustee or director | 2 | $0 |
| Olivia Ham | Director Trustee or director | 2 | $0 |
| Jeremy Suarez | Director Trustee or director | 2 | $0 |
| Beth McLoone | Director Trustee or director | 2 | $0 |
| Kevin Barry | Director Trustee or director | 2 | $0 |
| Nora Deveau-Rosen | Director Trustee or director | 2 | $0 |
| Danny Croak | Director Trustee or director | 2 | $0 |
| Tim McLoone | Director Trustee or director | 2 | $0 |
| Mairin Ballack | Executive Dir. Trustee or director | 40 | $0 |
990 for the year ended December 31, 2024: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Zuckerman | Executive Director | 40 | $100,000 |
| Mairin Bellack | Executive Director | 40 | $6,635 |
| Jason Daniels | Director Trustee or director | 2 | $0 |
| Debbie Eisenstein | Director Trustee or director | 2 | $0 |
| Jim Gant | Director Trustee or director | 2 | $0 |
| Jared Patrick Yuro | Director Trustee or director | 2 | $0 |
| Louis Andrianos | Director Trustee or director | 2 | $0 |
| Cassie Murphy | Director Trustee or director | 2 | $0 |
| Ingeborg Perndorfer | Director Trustee or director | 2 | $0 |
| Mary DeMont | Director Trustee or director | 2 | $0 |
| Stephen Raciti | Director Trustee or director | 2 | $0 |
| Angela Courtney | Director Trustee or director | 2 | $0 |
| Jay Herman | Director Trustee or director | 2 | $0 |
| Sheila Hintze | Director Trustee or director | 2 | $0 |
| Jim Scavone | Director Trustee or director | 2 | $0 |
| Kate Triggiano | Director Trustee or director | 2 | $0 |
| Jen Clarke | Director Trustee or director | 2 | $0 |
| Adam Rechnitz | Director Trustee or director | 2 | $0 |
| Tim McLoone | Director Trustee or director | 2 | $0 |
| Marta Quinn | Director Trustee or director | 2 | $0 |
| Samantha Bowers | Director Trustee or director | 2 | $0 |
| Jeremy Suarez | Director Trustee or director | 2 | $0 |
| Beth McLoone | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Zuckerman | Exec. Director | 40 | $100,000 |
| Jason Daniels | Director Trustee or director | 2 | $0 |
| Debbie Eisenstein | Director Trustee or director | 2 | $0 |
| Stephen Catania | Director Trustee or director | 2 | $0 |
| Darren McConnell | Director Trustee or director | 2 | $0 |
| Louis Andrianos | Treasurer Trustee or director, Officer | 2 | $0 |
| Ben Forest | Director Trustee or director | 2 | $0 |
| Ingeborg Perndorfer | Director Trustee or director | 2 | $0 |
| Mary DeMont | Secretary Trustee or director, Officer | 2 | $0 |
| Stephen Racitti | Director Trustee or director | 2 | $0 |
| Angela Courtney | Director Trustee or director | 2 | $0 |
| Jay Herman | Director Trustee or director | 2 | $0 |
| Sheila Hintze | Director Trustee or director | 2 | $0 |
| John Anderson | Director Trustee or director | 2 | $0 |
| Kate Triggiano | Director Trustee or director | 2 | $0 |
| Steven Denholtz | Director Trustee or director | 2 | $0 |
| Samantha Bowers-Crader | President Trustee or director, Officer | 2 | $0 |
| Carl DeAngelis | Director Trustee or director | 2 | $0 |
| Adam Phillipson | Vice President Trustee or director, Officer | 2 | $0 |
| Edward McKenna | Director Trustee or director | 2 | $0 |
990 for the year ended December 31, 2022: 26 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Robert Zuckerman | Exec. Director | 40 | $53,846 |
| Ed Zipprich | Director Trustee or director | 2 | $0 |
| Kevin Barry | Director Trustee or director | 2 | $0 |
| Stephen Catania | Treasurer Trustee or director, Officer | 2 | $0 |
| Lauren Nicosia | Director Trustee or director | 2 | $0 |
| Louis Andrianos | Director Trustee or director | 2 | $0 |
| Ben Forest | Director Trustee or director | 2 | $0 |
| Ingeborg Perndorfer | Director Trustee or director | 2 | $0 |
| Mary DeMont | Secretary Trustee or director, Officer | 2 | $0 |
| Michael DeSimone | Director Trustee or director | 2 | $0 |
| Angela Courtney | Director Trustee or director | 2 | $0 |
| Jay Herman | Director Trustee or director | 2 | $0 |
| Sheila Hintze | Director Trustee or director | 2 | $0 |
| John Anderson | Director Trustee or director | 2 | $0 |
| Amy Russo | Director Trustee or director | 2 | $0 |
| Ayca User | Director Trustee or director | 2 | $0 |
| Steven Denholtz | Director Trustee or director | 2 | $0 |
| Courtney Schroeder | Director Trustee or director | 2 | $0 |
| Cassie Murphy | Director Trustee or director | 2 | $0 |
| Samantha Bowers-Crader | Chairman Trustee or director, Officer | 2 | $0 |
| Sam Jain | Director Trustee or director | 2 | $0 |
| Lauren Dezzi | Director Trustee or director | 2 | $0 |
| Carl DeAngelis | Director Trustee or director | 2 | $0 |
| Eric Horowitz | Director Trustee or director | 2 | $0 |
| Adam Phillipson | Vice Chair Trustee or director, Officer | 2 | $0 |
| Edward McKenna | Director Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 46 ENGLISH PLZ STE 6B, RED BANK, NJ 07701-1687
- In care of
- % LAWSON RESCINIO SCHIBELL & ASSOC
- Signed the 990
- Mairin Bellack, Executive Dir.
- Phone
- (732) 842-4244
- Website
- www.RedBank.org
- Return prepared by
- Donna Foxman CPA
Mission
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.
Program accomplishments
- RiverCenter 2025 Activities and AccomplishmentsIn 2025 Red Bank RiverCenter (the organization that manages the Special Improvement District for the borough of Red Bank) continued to advance its mission to cultivate and promote a thriving economic environment in downtown Red Bank, and centered on business recruitment and retention, marketing and promotions, design and infrastructure, and engaging the community. This included more programming on Broadwalk, more tentpole events within the district, filling up vacancies with over 55 new businesses, a larger horticulture program, and additional support for existing businesses.Expenses $582,555
- Business Recruitment and Retention:RiverCenter focused their efforts for business recruitment and retention on programs that kept our business district competitive with other nearby shopping centers, strip malls, and downtowns. We met with several new prospective new business owners and introduced them to landlords and brokers who show them potential spaces where they could site their businesses. We attended Planning and Zoning Board hearings to support applications for new mixed-use properties with retail space on the first floor. We also spotlighted new businesses by promoting them on our social media channels and congratulating them in our e-newsletter that gets distributed on a weekly basis to over 7,000 recipients. In 2025 we welcomed over 55 new businesses.
- Marketing & Promotions: We continued to market the downtown Red Bank business district to our residents, neighboring communities and counties, and through the tristate area. This consisted of a new branding campaign that launched on multiple different facets. Online, social, static, NJ Transit, and media ads were taken out in strategic areas driving more shoppers and diners to the district. In 2025 we were able to continue to grow our social media audience and our e-newsletter that now has over 7,000 emails. Both feature new businesses along with events taking place in the district.
- Marketing & Promotions, continued, - Promotional events included our Annual Sidewalk Sale, Streetlife live music and arts program, Halloween events, Pop Culture Event, and a full complement of holiday events including our Holiday Express Concert, town and tree lighting and weekly entertainment by carolers and musicians. - Expanded our programming on the Broadwalk, where the Borough of Red Bank closes down a portion of Broad Street and turns it into a pedestrian pavilion where there is programming and outdoor dining on the street.Broadwalk was programmed differently in 2025 from previous years. Local businesses were able to host an event on Broadwalk, more programming from free karate, Pilates, yoga and story time for kids.
- Design & Infrastructure: In 2025 the RiverCenter - Maintained sidewalks and curbside by assisting with liter removal. - 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. During the holiday season RiverCenter decorates the district with lights, garland and lots of holiday cheer with roaming carolers. The day after Thanksgiving, RiverCenter starts the holiday season with a large concert on Broad Street and "Lights Up" the town with Santa and his friends.
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 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3133371
- 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
- 1993
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S300)
- Assets (IRS master file)
- $698,130
- Income (IRS master file)
- $780,354
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $663,678 | $789,728 | $698,130 | XML |
| 990 | December 2024 | $883,294 | $963,643 | $916,730 | XML |
| 990 | December 2023 | $1,051,896 | $670,711 | $1,055,338 | XML |
| 990 | December 2022 | $646,196 | $544,553 | $1,124,925 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | 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 22-3133371).
Questions about SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC
- What is the EIN of SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC?
- The employer identification number (EIN) of SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC is 22-3133371.
- Is SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK 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 SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK 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 SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC?
- The 990 for the year ended December 31, 2025 lists 31 people; 1 received compensation from the organization, the highest $115,000 (Mairin Bellack, Executive Director).
- How much revenue does SPECIAL IMPROVEMENT DISTRICT BOROUGH OF REDBANK INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $663,678, expenses of $789,728 and total assets of $698,130 at year end.
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All nonprofits in RED BANK · New Jersey · Community improvement and capacity building