Nonprofit · EIN 45-4131049
KEYPORT BID INC
Tax-exempt · KEYPORT, NJ 07735
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $176,415 | $155,624 | $20,791 | $137,841 | $7,190 | $130,651 |
| December 31, 2023 | 990 (amended) | $182,832 | $227,142 | -$44,310 | $117,050 | $7,190 | $109,860 |
| December 31, 2022 | 990 (amended) | $177,348 | $203,658 | -$26,310 | $161,360 | $7,190 | $154,170 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $899
- Program service revenue
- $175,516
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $24,023
- Salaries, compensation and benefits (total)
- $26,396
- Professional fundraising fees
- $0
- Legal fees
- $9,740
- Accounting fees
- $2,710
- Program services (functional)
- $112,250
- Management and general (functional)
- $43,374
Balance sheet and other
- Total assets, start of year
- $117,050
- Total assets, end of year
- $137,841
- Total liabilities, end of year
- $7,190
- Net assets, end of year
- $130,651
- Net assets without donor restrictions
- $128,752
- Net assets with donor restrictions
- $1,899
- Gross receipts
- $176,415
- Employees
- 1
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JETMIR KACAJ | Director Trustee or director | 1 | $0 |
| YULIA KRAVCHIN | Director Trustee or director | 1 | $0 |
| STEPHEN GROSS | Director Trustee or director | 0 | $0 |
| JOSEPH MERLA | Vice President Trustee or director, Officer | 1 | $0 |
| GENEVIEVE ANDREWS - KELLY | Secretary Trustee or director | 1 | $0 |
| ROSE ARANEO | President Trustee or director, Officer | 1 | $0 |
| JASON FALTINGS | Director Trustee or director | 1 | $0 |
| JACQUELINE MACHADO | Director Trustee or director | 1 | $0 |
| ELENA BURKE | Treasurer Trustee or director, Officer | 1 | $0 |
| CHRIS MATEY | Director Trustee or director | 1 | $0 |
| JOSEPH PESCE | Director Trustee or director | 1 | $0 |
| AL LITWAK | Director Trustee or director | 1 | $0 |
| MELISSA O'CONNELL | VICE PRESIDENT | 1 | $0 |
| SUSAN MONTANTI | VICE-PRESIDENT | 1 | $0 |
| JOANNE COLONELLO | TREASURER | 1 | $0 |
990 for the year ended December 31, 2023: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANNE COLONNELLO | Treasurer Trustee or director, Officer | 1 | $0 |
| YULIA KRAVCHIN | Secretary Trustee or director, Officer | 1 | $0 |
| MELISSA O'CONNELL | Vice President Trustee or director, Officer | 1 | $0 |
| ANN BOYCE | Director Trustee or director | 1 | $0 |
| DONNIE BLANKS | Director Trustee or director | 1 | $0 |
| DOUGLAS WEIDER | Director Trustee or director | 1 | $0 |
| JOSEPH MERLA | Director Trustee or director | 1 | $0 |
| GENEVIEVE ANDREWS - KELLEY | Director Trustee or director | 1 | $0 |
| ROSE ARANEO | President Trustee or director, Officer | 1 | $0 |
| CHRISTOPHER DEMAREST | Director Trustee or director | 1 | $0 |
| JASON FALTING | Director Trustee or director | 1 | $0 |
| JACQUELINE MACHADO | Director Trustee or director | 1 | $0 |
| SUSAN MONTANTI | Director Trustee or director | 1 | $0 |
| LAWRENCE VECCHIO | PRESIDENT | 1 | $0 |
| DOLORES RILHO | SECRETARY | 1 | $0 |
990 for the year ended December 31, 2022: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANNE COLONNELLO | Treasurer Trustee or director, Officer | 1 | $0 |
| YULIA KRAVCHIN | Director Trustee or director, Officer | 1 | $0 |
| MELISSA O'CONNELL | Vice President Trustee or director, Officer | 1 | $0 |
| LAWRENCE VECCHIO | President Trustee or director, Officer | 1 | $0 |
| ANN BOYCE | Director Trustee or director | 1 | $0 |
| DONNIE BLANKS | Director Trustee or director | 1 | $0 |
| DOUGLAS WEIDER | Director Trustee or director | 1 | $0 |
| JOSEPH MERLA | Director Trustee or director | 1 | $0 |
| GENEVIEVE ANDREWS - KELLEY | Director Trustee or director | 1 | $0 |
| COLLETTE KENNEDY | Director Trustee or director | 1 | $0 |
| CHRISTOPHER DEMAREST | Director Trustee or director | 1 | $0 |
| JASON FALTING | Director Trustee or director | 1 | $0 |
| DOLORES RILHO | Secretary Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 70 W FRONT ST, KEYPORT, NJ 07735-1241
- In care of
- % LORENE K WRIGHT
- Principal officer (990 for 2024)
- ROSE ARANEO, 70 W FRONT ST, KEYPORT, NJ 07735
- Signed the 990
- ROSE ARANEO, President
- Phone
- (732) 344-0590
- Website
- WWW.VISITKEYPORT.ORG
- Return prepared by
- Polcari & Co CPAs
Mission
TO FOSTER THE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE BUSINESS COMMUNITY AND STRENGTHEN ITS CONTRIBUTIONS TO RESIDENTS AND PROPERTY OWNERS WITHIN THE BOROUGH OF KEYPORT.
Program accomplishments
- TO FOSTER THE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE BUSINESS COMMUNITY AND STRENGTHEN ITS CONTRIBUTIONS TO RESIDENTS AND PROPERTY OWNERS WITHIN THE BOROUGH OF KEYPORT.Expenses $112,250 · revenue $175,516
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 | Not 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
- 45-4131049
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $137,841
- Income (IRS master file)
- $176,415
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $176,415 | $155,624 | $137,841 | XML |
| 990 | December 2023 | $182,832 | $227,142 | $117,050 | XML |
| 990 | December 2022 | $177,348 | $203,658 | $161,360 | XML |
| 990 | December 2021 | $176,288 | $137,448 | $199,837 | IRS |
| 990 | December 2020 | $174,500 | $100,317 | $141,640 | 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 45-4131049).
Questions about KEYPORT BID INC
- What is the EIN of KEYPORT BID INC?
- The employer identification number (EIN) of KEYPORT BID INC is 45-4131049.
- Is KEYPORT BID INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to KEYPORT BID INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KEYPORT BID 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 KEYPORT BID INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KEYPORT BID INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of KEYPORT BID INC?
- The 990 for the year ended December 31, 2024 names ROSE ARANEO.
- Who are the officers and directors of KEYPORT BID INC?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does KEYPORT BID INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $176,415, expenses of $155,624 and total assets of $137,841 at year end.
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- MASONIC ASSOCIATION OF KEYPORT NEW JERSEY EIN 22-3848384 · last filed 990-N for 2025
- OYSTER BAY URBAN RENEWAL INC EIN 23-7242529 · last filed 990 for 2025
- KEYPORT YACHT CLUB INC EIN 21-0490982 · last filed 990 for 2025
- LINCOLN HOSE COMPANY EIN 22-3522931 · last filed 990 for 2025
- KNIGHTS OF COLUMBUS EIN 22-2122982 · last filed 990-EZ for 2025
- KEYPORT FIRST AID SQUAD INC EIN 23-7113935 · last filed 990 for 2025
- COLUMBIAN CLUB OF KEYPORT NEW JERSEY EIN 21-0716107 · last filed 990 for 2025
All nonprofits in KEYPORT · New Jersey · Community improvement and capacity building