2025-11-13T09:07:06-08:00 2024-12-31 221481139 SAMUEL KLEIN AND COMPANY 550 BROAD ST STE 11 NEWARK NJ 07102 990 2024-01-01 223664305 Newark Alliance INC NEWA 9735966400 60 Park Place 1016 Newark NJ 07102 Lata Reddy Chairman 2025-11-13 true true BRUCE W MICHEL P00381558 9736246100 2024 2025-03-06 01:10:19Z Lata Reddy 60 Park Place 1016 Newark NJ 07102 7916835 false X https://www.newark-alliance.org/ X 1999 NJ TO WORK IN PARTNERSHIP TO MAKE NEWARK A BETTER, SAFER PLACE TO WORK, LIVE, LEARN, PLAY, AND DO BUSINESS. 9 9 11 10 0 3937135 6925271 688119 783625 33755 206014 16215 1925 4675224 7916835 347820 1188464 0 1666860 1732058 0 0 2336634 2677969 4351314 5598491 323910 2318344 6051783 8708782 1710494 2049149 4341289 6659633 X TO WORK IN PARTNERSHIP TO MAKE NEWARK A BETTER, SAFER PLACE TO WORK, LIVE, LEARN, PLAY, AND DO BUSINESS. false false 1384038 NEWARK YOUTH CAREER PATHWAYS - brings together high-quality unique youth development programs in schools, to ensure all students graduate with a career pathway and plan. 1136326 Hire,Buy,Live Newark - Harnesses the aggregated economic power and expertise of Members to fundamentally and positively change how core economic and organizational practices like hiring and procurement work in Newark as a means to achieve inclusive economic growth. 1022205 Business Attraction Program - this program aims to attract startups and businesses to relocate to or expand their existing presence in Newark, New Jersey and help grow the local innovation economy. 967526 Other - INCLUDES PLACEMAKING AND ECONOMIC VITALITY INITIATIVES SUCH AS HALSEY FEST AND REAL ESTATE STRATEGY TO ACTIVATE PUBLIC SPACES, SUPPORT SMALL BUSINESSES, AND STRENGTHEN NEWARKS DOWNTOWN CORRIDORS. 967526 4510095 true true false false false false false false false false true false false false true true true false false false false false false false false false false false true true false false false false false false false false true false false false false false false false false true 57 0 true 11 true false false false false false false false 0 false false false false false false false X 9 9 false false false false false false false false false false false true true true true true true true false false NJ X Evan Weiss 9735966400 60 Park Pl Newark NJ 07102 X EVAN WEISS PRESIDENT/CFO 40.00 0.00 288397 0 28103 ASHLEY MAYS DIRECTOR 40.00 0.00 207500 0 27937 KALEENA BERRYMAN DIRECTOR 40.00 0.00 179167 0 21623 SIBUSISIWE MALABA DIRECTOR 40.00 0.00 163769 0 14496 CATHERINE KLINGER KUTCHER DIRECTOR 40.00 0.00 145273 0 13276 KIMBERLY BROWN 40.00 0.00 105500 0 13063 Lata Reddy Chairman 5.00 0.00 X X 0 0 0 DENNIS M BONE Trustee 3.00 0.00 X 0 0 0 JOHN SCHREIBER Trustee 3.00 0.00 X 0 0 0 CHRISTOPHER JAMES Trustee 3.00 0.00 X 0 0 0 RICHARD DUNN Trustee 3.00 0.00 X 0 0 0 SUZANNE SPERO Trustee 3.00 0.00 X 0 0 0 ARCELIO APONTE Trustee 3.00 0.00 X 0 0 0 NEMIN JAYA Trustee 3.00 0.00 X 0 0 0 ADENAH BAYOH Trustee 3.00 0.00 X 0 0 0 1089606 118498 6 false true false YOUR PART-TIME CONTROLLER LLC 1600 MARKET STREET SUITE 3425 PHILADELPHIA PA 19103 ACCOUNTING SERVICES 228334 THEO AND LOTTE LLC 134 WARD PLACE SOUTH ORANGE NJ 07079 SOCIAL MEDIA 108425 JENNIFER MADE 252 4TH STREET NEWARK NJ 07107 CONSULTING 103750 3 2210592 4714679 37503 6925271 PROGRAM SERVICE FEE 812900 783625 783625 783625 206014 206014 0 0 0 0 0 0 0 OTHER INCOME 812900 1925 1925 1925 7916835 785550 206014 0 1188464 1188464 0 0 1075405 777793 297612 0 283763 205233 78530 0 258056 146648 111408 114834 65258 49576 0 15735 12746 2989 34514 34514 0 0 0 0 18377 18377 181183 124738 56445 0 0 53104 30624 22480 17847 14746 3101 0 192348 142186 50162 0 0 2672 2672 7587 4158 3429 PROGRAM CONSULTING 1782068 1441159 340909 Contract Services 345149 339649 5500 TELEPHONE 27385 16693 10692 0 5598491 4510095 1088396 0 173241 47733 5012477 6677199 486342 1047398 18000 700000 0 0 0 0 117879 33928 108964 98721 12915 10243 0 0 0 0 230929 192281 6051783 8708782 541510 394226 930000 1412642 238984 242281 1710494 2049149 X 3147708 4532171 1193581 2127462 4341289 6659633 6051783 8708782 2318344 X false true X false false X 3230709 2484180 4229843 3937135 6925271 20807138 0 0 3230709 2484180 4229843 3937135 6925271 20807138 0 20807138 1049 43 2647 33755 37494 0 0 20844632 0.99820 0.99780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 108964 98721 10243 10243 Loan Payable 50000 Operating Lease Current Portion 41527 OPERATING LEASE LIABILITY, Less 150754 242281 X 7916835 7916835 7916835 5598491 5598491 5598491 Part X : FIN48 Footnote THE ACCOUNTING STANDARD ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. UNDER THAT GUIDANCE, THE ORGANIZATION MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE ORGANIZATION AND VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME (UBTI). THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THERE WERE NO UNRECOGNIZED TAX BENEFITS IDENTIFIED OR RECORDED AS LIABILITIES FOR THE YEARS ENDED DECEMBER 31,2024 AND 2023. THE ORGANIZATION FILES ITS FORMS 990 IN THE U.S. FEDERAL JURISDICTION AND THE OFFICE OF THE STATE'S ATTORNEY GENERAL FOR THE STATE OF NEW JERSEY. THE ORGANIZATION IS GENERALLY NO LONGER SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE FOR YEARS BEFORE 2022. false 0 0 RENTAL ASSISTANCE 15019 SALARY ASSISTANCE 115052 EVENT SPONSORSHIP 304112 BUSINESS EXPANSION 154435 EDUCATIONAL ASSISTANCE 3000 X false false false false false false false false false ASHLEY MAYS DIRECTOR 207500 27937 235437 CATHERINE KLINGER KUTCHER DIRECTOR 145273 13276 158549 EVAN WEISS PRESIDENT/CFO 288397 28103 316500 KALEENA BERRYMAN DIRECTOR 179167 21623 200790 SIBUSISIWE MALABA DIRECTOR 149273 14496 14496 178265 LEGAL SERVICES 37503 HOURLY RATE false false false Form 990, Part VI, Section B, Line 11b CEO and Finance review the form and distributes to the Board before filling. Form 990, Part VI, Section B, Line 12c The Alliance instituted a Duty of Loyalty and Conflict of Interest policy that all employees must adhere to. A copy of that policy can be supplied as necessary. This policy was prepared in concert with the Newark Alliances corporate counsel, as well as our outsourced HR firm with specialty in this area. Form 990, Part VI, Section B, Line 15a Compensation decisions with respect to the CEO are made by the Governing Board, with the process and any negotiations, as necessary, led by the Chair. The CEO makes final decisions related to senior management, seeking advice from the Chair and the Governing Board as appropriate, as well as the Alliances HR function. Decisions are made based upon performance of the given staff member, including their ability to identify additional funds for the organization. Form 990, Part VI, Section C, Line 19 No documents available to the public.