Elizabeth, NJ
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)Elizabeth Development Company of New Jersey, founded in 1977, is a community nonprofit in the Community Improvement sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 217% from the prior year, signaling strong growth momentum. The organization ran a surplus of $689K, a strong 18% operating margin.
Job creation, attracting & retaining businesses and other economic development activities by providing grants and below-market rate loan programs through Urban Enterprise
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,779,862 | $1,192,954 | +2.2% |
| Expenses | $3,090,900 | $2,841,759 | +0.1% |
| Net Income | $688,962 | $-1,648,805 | -1.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| William O'Dea | Executive Director | 35.00 |
Key Emp
Highest
|
$176,400 | $0 | $176,400 |
| Daniel Devanney | Dir UEZ & Financial Programs | 35.00 |
Key Emp
|
$102,500 | $0 | $102,500 |
| Brenda McRae | Deputy Exec Dir Finance and Admin | 35.00 |
Key Emp
|
$144,500 | $0 | $144,500 |
| Edgar Lopes | Director of Revenue and WFD | 35.00 |
Key Emp
|
$125,000 | $0 | $125,000 |
| Marty Borruso | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kate Kerpchar | Vice Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Amy Crisp Wagner | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Angel Cabrera | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Gregory Waga | Immediate Past President | 2.00 |
Director
|
$0 | $0 | $0 |
| Bridget Anderson | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Mary Arias | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Matt Beyerstedt | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Laura Ciraco | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Costa | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Amy Gellert Lebovitz | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Dave Gibbons | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Ana Liranzo | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Dr Margaret McMenamin | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Marcy Metz | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Julio Sabater | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Theresa Pereira | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| C Thomas Petit | Member | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,779,862 | $3,090,900 | $23,092,614 | $688,962 |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,107,811 | $2,316,697 | $20,201,600 | $-208,886 |
| 2022 | $2,720,829 | $3,660,919 | $20,192,510 | $-940,090 |
| 2021 | $5,978,138 | $6,360,876 | $19,921,454 | $-382,738 |
| 2020 | $2,044,342 | $1,651,964 | $20,497,798 | $392,378 |
| 2019 | $2,916,691 | $2,983,830 | $20,806,785 | $-67,139 |
| 2018 | $6,050,732 | $2,840,914 | $20,520,600 | $3,209,818 |
Compare Elizabeth Development Company of New Jersey with other nonprofits in New Jersey and across the country.