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Nonprofit · EIN 22-3380047

JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION

Also known as JOURNAL SQUARE RESTORATION CORPORAT

Tax-exempt · JERSEY CITY, NJ 07306

Financials

$774K$776K2022$917K$819K2023
Revenue Expenses · by fiscal year end
Financials of JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$917,370$818,686$98,684$431,987$8,817$423,170
June 30, 2023990$774,068$775,639-$1,571$329,136$4,650$324,486
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$916,399
of which government grants
$142,966
Membership dues
$773,433
Program service revenue
$0
Investment income
$971
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$5,591
Program services (functional)
$723,120
Management and general (functional)
$95,566

Balance sheet and other

Total assets, start of year
$329,136
Total assets, end of year
$431,987
Total liabilities, end of year
$8,817
Net assets, end of year
$423,170
Net assets without donor restrictions
$423,170
Gross receipts
$917,370
Employees
0
Volunteers
15
Year formed
1993
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 June 30, 2024, highest compensation first.

NameTitleHours / weekCompensation
JORDAN GALATZTRUSTEE
Trustee or director
2$0
SCOTT HARWOODTREASURER
Trustee or director, Officer
2$0
MICHAEL GOLDSTEINTRUSTEE
Trustee or director
2$0
RAJU PATELSECRETARY
Trustee or director, Officer
2$0
ROHIT SHAHTRUSTEE
Trustee or director
2$0
AHMED SHEDEEDPRESIDENT
Trustee or director, Officer
2$0
JOSEPH DICRISTOVICE-CHAIRMAN
Trustee or director, Officer
2$0
LARRY SPADATRUSTEE
Trustee or director
2$0
PETER MATARRAZZOTRUSTEE
Trustee or director
2$0
BART QUENTZELTRUSTEE
Trustee or director
2$0
DR CHRISTOPHER M REBERTRUSTEE
Trustee or director
2$0
JAMES RHATICANTRUSTEE
Trustee or director
2$0
KONSTANTIN YUSIPOVTRUSTEE
Trustee or director
2$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensation
JORDAN GALATZTRUSTEE
Officer
2$0
SCOTT HARWOODTREASURER
Officer
2$0
MICHAEL GOLDSTEINTRUSTEE
Trustee or director
2$0
RAJU PATELSECRETARY
Officer
2$0
ROHIT SHAHTRUSTEE
Trustee or director
2$0
AHMED SHEDEEDPRESIDENT
Trustee or director, Officer
2$0
JOSEPH DICRISTOVICE-CHAIRMAN
Trustee or director, Officer
2$0
LARRY SPADATRUSTEE
Trustee or director
2$0
PETER MATARRAZZOTRUSTEE
Trustee or director
2$0
BART QUENTZELTRUSTEE
Trustee or director
2$0
DR CHRISTOPHER M REBERTRUSTEE
Trustee or director
2$0
JAMES RHATICANTRUSTEE
Trustee or director
2$0
KONSTANTIN YUSIPOVTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
14 PATH PLZ, JERSEY CITY, NJ 07306-2906
Principal officer (990 for 2023)
AHMED SHEDEED, 14 PATH PLAZA, JERSEY CITY, NJ 07306
Signed the 990
AHMED SHEDEED, PRESIDENT
Phone
(201) 795-1854
Return prepared by
WEINSTEIN & WEINSTEIN CPA'S

Mission

PROMOTE ECONOMY IN JOURNAL SQUARE, JERSEY CITY, NJ

990 for the year ended June 30, 2024

Program accomplishments

  • DISTRICT MAINTENANCE- PROVIDES SANITATION, ETC. FOR THE BENEFIT OF THE PROPERTY OWNERS, BUSINESSES, EMPLOYEES, RESIDENTS AND CONSUMERS OF THE JOURNAL SQUARE AREA.
    Expenses $646,346
  • DISTRICT PROMOTION/ENHANCEMENT- PROVIDES OTHER ENHANCEMENT SERVICES FOR THE JOURNAL SQUARE DISTRICT.
    Expenses $76,774

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-3380047
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
1997
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$431,987
Income (IRS master file)
$917,370

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$917,370$818,686$431,987XML
990June 2023$774,068$775,639$329,136XML
990June 2022$779,601$774,906$340,085IRS
990June 2021–––IRS
990June 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 22-3380047).

Questions about JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION

What is the EIN of JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION?
The employer identification number (EIN) of JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION is 22-3380047.
Is JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION 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 JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2024.
Who is the principal officer of JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION?
The 990 for the year ended June 30, 2024 names AHMED SHEDEED.
Who are the officers and directors of JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION?
The 990 for the year ended June 30, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does JOURNAL SQUARE SPECIAL IMPROVEMENT DISTRICT MANAGEMENT CORPORATION have?
On its 990 for the year ended June 30, 2024 it reported revenue of $917,370, expenses of $818,686 and total assets of $431,987 at year end.

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