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Nonprofit · EIN 46-5136572

FORT LEE DISTRICT MANAGEMENT CORPORATION INC

Also known as BUSINESS DISTRICT ALLIANCE OF FORT

Tax-exempt · FORT LEE, NJ 07024

Financials

$739K$1M2022$740K$582K2023$839K$665K2024
Revenue Expenses · by fiscal year end
Financials of FORT LEE DISTRICT MANAGEMENT CORPORATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990 (amended)$838,578$664,868$173,710$633,076$0$633,076
December 31, 2023990$740,273$581,785$158,488$459,366$0$459,366
December 31, 2022990$738,802$1,037,924-$299,122$300,878$0$300,878
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$819,553
Investment income
$19,025
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$15,000
Occupancy
$27,060
Program services (functional)
$477,434
Management and general (functional)
$187,434

Balance sheet and other

Total assets, start of year
$459,366
Total assets, end of year
$633,076
Total liabilities, end of year
$0
Net assets, end of year
$633,076
Net assets without donor restrictions
$633,076
Gross receipts
$838,578
Employees
0
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, 2024, highest compensation first.

NameTitleHours / weekCompensation
FRANCESKA BEZAMADIRECTOR
Trustee or director
–$0
COUNCILMAN JOSEPH CERVIERIDIRECTOR
Trustee or director
–$0
NATALIE CHAPEEXECUTIVE DI
Trustee or director
–$0
LUIS FRANCODIRECTOR
Trustee or director
–$0
KIKY KIMDIRECTOR
Trustee or director
–$0
KATHY LEEDIRECTOR
Trustee or director
–$0
TAEHYO MICHAEL PARKDIRECTOR
Trustee or director
–$0
FRANK PATTIDIRECTOR
Trustee or director
–$0
COUNCILMAN HARVEY SOHMERDIRECTOR
Trustee or director
–$0
DENISE SOKOLICHDIRECTOR
Trustee or director
–$0
MAYOR MARK SOKOLICHDIRECTOR
Trustee or director
–$0
ROMINA STARACEDIRECTOR
Trustee or director
–$0
KENNETH BRUNOPRESIDENT
Officer
–$0
DENNIS GLENNONVICE PRESIDE
Officer
–$0
JAMES LIUSECRETARY
Officer
–$0
1 more people on this return
NameTitleHours / weekCompensation
ASHLEY YOOKTREASURER
Officer
–$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
KENNETH BRUNODIRECTOR
Trustee or director
2$0
COUNCILMAN JOSEPH CERVIERIDIRECTOR
Trustee or director
2$0
NATALIE CHAPEEXECUTIVE DI
Trustee or director
2$0
ANTHONY CLORESDIRECTOR
Trustee or director
2$0
ANTHONY LO CONTEDIRECTOR
Trustee or director
2$0
DENNIS GLENNONDIRECTOR
Trustee or director
2$0
KIKY KIMDIRECTOR
Trustee or director
2$0
KATHY LEEDIRECTOR
Trustee or director
2$0
KEN SAGRASTANODIRECTOR
Trustee or director
2$0
COUNCILMAN HARVEY SOHMERDIRECTOR
Trustee or director
2$0
MAYOR MARK SOKOLICHDIRECTOR
Trustee or director
2$0
ASHLEY YOOKDIRECTOR
Trustee or director
2$0
MICHAEL BEYERTREASURER
Officer
2$0
JAMES LIUSECRETARY
Officer
2$0
FRANK PATTIVICE PRESIDE
Officer
2$0
ROMINA STARACEPRESIDENT
Officer
2$0
990 for the year ended December 31, 2022: 16 people
NameTitleHours / weekCompensation
KENNETH BRUNODIRECTOR
Trustee or director
2$0
COUNCILMAN JOSEPH CERVIERIDIRECTOR
Trustee or director
2$0
NATALIE CHAPEEXECUTIVE DI
Trustee or director
2$0
ANTHONY CLORESDIRECTOR
Trustee or director
2$0
ANTHONY LO CONTEDIRECTOR
Trustee or director
2$0
DENNIS GLENNONDIRECTOR
Trustee or director
2$0
KIKY KIMDIRECTOR
Trustee or director
2$0
KATHY LEEDIRECTOR
Trustee or director
2$0
KEN SAGRASTANODIRECTOR
Trustee or director
2$0
COUNCILMAN HARVEY SOHMERDIRECTOR
Trustee or director
2$0
MAYOR MARK SOKOLICHDIRECTOR
Trustee or director
2$0
ASHLEY YOOKDIRECTOR
Trustee or director
2$0
MICHAEL BEYERTREASURER
Officer
5$0
JAMES LIUSECRETARY
Officer
5$0
FRANK PATTIVICE PRESIDE
Officer
5$0
ROMINA STARACEPRESIDENT
Officer
5$0

Address and contacts

Address (IRS master file)
231 MAIN ST FL 2, FORT LEE, NJ 07024-5741
In care of
% BUSINESS DISTRICT ALLIANCE OF FL
Principal officer (990 for 2024)
KENNETH BRUNO, 231 MAIN ST, FLOOR 2, FORT LEE, NJ 07024
Signed the 990
KENNETH BRUNO, PRESIDENT
Phone
(201) 585-6099
Return prepared by
ALBERT & WHITNEY LLC

Mission

THE BUSINESS DISTRICT ALLIANCE OF FORT LEE IS A NON-PROFIT ORGANIZATION, IN PARTNERSHIP WITH THE BOROUGH OF FORT LEE, TO REVITALIZE AND PROMOTE THE MAIN STREET SHOPPING CORRIDOR. OUR OBJECTIVE IS TO CREATE AN ENVIRONMENT WHERE PEOPLE WILL SHOP AND LIVE, FOR RETAILERS TO GROW AND THRIVE; BY CREATING A VITAL COMMUNITY EXPERIENCE FOR ALL, VISITORS AND RESIDENTS ALIKE.

990 for the year ended December 31, 2024

Program accomplishments

  • EVENTS AND PROGRAMS TO SUPPORT BUSINESS AND STAKEHOLDERS OF THE DISTRICT
    Expenses $165,163
  • VISUAL AND SAFETY IMPROVEMENTS AND MAINTENANCE
    Expenses $133,699
  • DISTRICT MAINTENANCE
    Expenses $106,160
  • MARKETING AND PROMOTIONAL ACTIVITIES TO SUPPORT BUSINESS AND STAKEHOLDERS OF THE DISTRICT
    Expenses $72,412

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-5136572
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$633,076
Income (IRS master file)
$838,578

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$838,578$664,868$633,076XML
990December 2023$740,273$581,785$459,366XML
990December 2022$738,802$1,037,924$300,878XML
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––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 46-5136572).

Questions about FORT LEE DISTRICT MANAGEMENT CORPORATION INC

What is the EIN of FORT LEE DISTRICT MANAGEMENT CORPORATION INC?
The employer identification number (EIN) of FORT LEE DISTRICT MANAGEMENT CORPORATION INC is 46-5136572.
Is FORT LEE DISTRICT MANAGEMENT CORPORATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to FORT LEE DISTRICT MANAGEMENT CORPORATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does FORT LEE DISTRICT MANAGEMENT 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 FORT LEE DISTRICT MANAGEMENT CORPORATION 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 FORT LEE DISTRICT MANAGEMENT CORPORATION 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 FORT LEE DISTRICT MANAGEMENT CORPORATION INC?
The 990 for the year ended December 31, 2024 names KENNETH BRUNO.
Who are the officers and directors of FORT LEE DISTRICT MANAGEMENT CORPORATION INC?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does FORT LEE DISTRICT MANAGEMENT CORPORATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $838,578, expenses of $664,868 and total assets of $633,076 at year end.

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