Trenton Downtown Association Inc

EIN: 222716244 501(c)(3)

Trenton, NJ

Total Revenue
$1,040,613
Total Expenses
$1,025,233
Total Assets
$866,878
Net Assets
$794,154
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NJ
Principal Officer
Anne LaBate
Phone
6093938998
Tax Period
2023-07-01 to 2024-06-30

Trenton Downtown Association Inc, founded in 1986, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2023.

Mission

To make the capital city of Trenton, NJ a more competitive location for business owners and an engaging center for workers, residents, and visitors.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,040,613
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,040,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,450
Fundraising Expenses $0
Program Expenses $818,141
Other Expenses $861,783
TOTAL EXPENSES $1,025,233

Year-over-Year Comparison

2023 2022 Change
Revenue $1,040,613 $1,043,979 0.0%
Expenses $1,025,233 $876,813 +0.2%
Net Income $15,380 $167,166 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
3
Volunteers
22

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Roland Pott Board Member 2.00
Director
$0 $0 $0
Kamal Bathla Board Member 2.00
Director
$0 $0 $0
William Butch Osterman Ex Vice Chair 2.00
Officer Director
$0 $0 $0
Dr Gonzalo Perez Secretary 2.00
Officer Director
$0 $0 $0
Wayne Staub Board Member 2.00
Director
$0 $0 $0
Reggie Hallett Board Member 2.00
Director
$0 $0 $0
Cassandra Sanchez Board Member 2.00
Director
$0 $0 $0
Steve Mania Board Member 2.00
Director
$0 $0 $0
Eric Maywar Board Member 2.00
Director
$0 $0 $0
Ann LaBate Treasurer 2.00
Officer Director
$0 $0 $0
Robert L Wilborn Jr Vice Chair 2.00
Officer Director
$0 $0 $0
Austin Edwards Int Board Chair 2.00
Officer Director
$0 $0 $0
Quayshaun Williams Board Director 2.00
Director
$0 $0 $0
Bryan Evans Former Bd Chair 2.00
Officer Director
$0 $0 $0
Taraun Tice McKnight Board Member 2.00
Director
$0 $0 $0
Liad Ontiri Board Member 2.00
Director
$0 $0 $0
Wayne Downing Board Member 2.00
Director
$0 $0 $0
Raoul Momo Board Member 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $1,040,613 $1,025,233 $866,878 $15,380
2023 $1,043,979 $876,813 $845,449 $167,166
2022 $905,563 $826,480 $652,944 $79,083
2021 $982,294 $962,954 $574,449 $19,340
2020 $1,018,308 $1,083,510 $554,834 $-65,202
2019 $1,116,690 $1,023,736 $620,082 $92,954
2018 $967,425 $949,441 $527,285 $17,984
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