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Nonprofit · EIN 22-3192334

PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC

Tax-exempt · PERTH AMBOY, NJ 08861

Financials

$256K$207K2023$1.7M$342K2024$1.7M$1.5M2025
Revenue Expenses · by fiscal year end
Financials of PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,718,952$1,493,775$225,177$1,823,922$30,664$1,793,258
December 31, 2024990$1,658,666$341,538$1,317,128$1,658,543$90,462$1,568,081
December 31, 2023990$255,502$206,777$48,725$283,400$32,447$250,953
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,672,390
of which government grants
$1,672,390
Program service revenue
$0
Investment income
$20,066
Other revenue
$26,496

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$173,251
Salaries, compensation and benefits (total)
$175,713
Professional fundraising fees
$0
Legal fees
$16,300
Accounting fees
$13,628
Occupancy
$39,515
Travel
$3,437
Program services (functional)
$1,293,790
Management and general (functional)
$199,985

Balance sheet and other

Total assets, start of year
$1,658,543
Total assets, end of year
$1,823,922
Total liabilities, end of year
$30,664
Net assets, end of year
$1,793,258
Gross receipts
$1,718,952
Employees
0
Volunteers
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.

NameTitleHours / weekCompensationFrom related orgs
Yolanda FloresExecutive Director
Officer
40$0$90,000
Hon Helmin J CabaMayor
Officer
2$0$0
Antonio AbreuChairman
Officer
2$0$0
Kaushik PatelTreasurer
Officer
2$0$0
Lisett LebronSecretary
Officer
2$0$0
Erica VeraMember
Trustee or director
2$0$0
Milady TejedaCouncil Representative
Trustee or director
2$0$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
Hon Helmin J CabaMayor
Officer
2$0
Antonio AbreuChairman
Officer
2$0
Kaushik PatelTreasurer
Officer
2$0
Lisett LebronSecretary
Officer
2$0
Erica VeraMember
Trustee or director
2$0
Milady TejedaCouncil Representative
Trustee or director
2$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Hon Helmin J CabaMayor
Officer
2$0
Sergio DiazChairman
Officer
2$0
Antonio AbreuVice-Chair
Officer
2$0
Kaushik PatelTreasurer
Officer
2$0
Lisett LebronSecretary
Officer
2$0
James SnyderMember
Trustee or director
2$0
Milady TejedaCouncil President
Trustee or director
2$0

Address and contacts

Address (IRS master file)
327 MAPLE ST, PERTH AMBOY, NJ 08861-4109
In care of
% YOLANDA G FLORES
Principal officer (990 for 2025)
Antonio Abreu, 327 Maple St, Perth Amboy, NJ 08861
Signed the 990
Abreu Antonio, Chairman
Phone
(732) 442-6421
Return prepared by
Suplee Clooney and Company

Mission

Revitalization and expansion of the Downtown Business Zone in the City of Perth Amboy, New Jersey. Promotion of economic growth and employment within the city.

990 for the year ended December 31, 2025

Program accomplishments

  • Revitalization and expansion of the Downtown Business Zone in the City of Perth Amboy, New Jersey. Promotion of economic growth and employment within the city.
    Expenses $1,293,790

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-3192334
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
1992
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,823,922
Income (IRS master file)
$1,718,952

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,718,952$1,493,775$1,823,922XML
990December 2024$1,658,666$341,538$1,658,543XML
990December 2023$255,502$206,777$283,400XML
990December 2022$248,836$333,650$266,492IRS
990December 2021–––IRS
990December 2020–––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 22-3192334).

Questions about PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC

What is the EIN of PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC?
The employer identification number (EIN) of PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC is 22-3192334.
Is PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PERTH AMBOY BUSINESS IMPROVEMENT 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 PERTH AMBOY BUSINESS IMPROVEMENT 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 PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC?
The 990 for the year ended December 31, 2025 names Antonio Abreu.
Who are the officers and directors of PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC?
The 990 for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does PERTH AMBOY BUSINESS IMPROVEMENT CORPORATION INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,718,952, expenses of $1,493,775 and total assets of $1,823,922 at year end.

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