Newark, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Newark Downtown District Management Corporation, founded in 1998, is a community nonprofit in the Community Improvement sector that reported $8.5M in total revenue in fiscal year 2024. The organization ran a surplus of $1.6M, a strong 19% operating margin.
REVITALIZE DOWNTOWN NEWARK BY IMPROVING THE ECONOMIC VIABILITY OF THE CENTRAL BUSINESS DISTRICT AND ENHANCE THE QUALITY OF LIFE FOR RESIDENTS, WORKERS, STUDENTS AND VISITORS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $8,531,221 | $8,541,889 | 0.0% |
| Expenses | $6,908,194 | $6,551,017 | +0.1% |
| Net Income | $1,623,027 | $1,990,872 | -0.2% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ANTHONY MCMILLAN | CHIEF EXECUTIVE OFFICER | 40.0 |
Officer
|
$345,285 | $11,204 | $356,489 |
| Susan E McKay | DIRECTOR OF OPERATIONS | 40.0 |
Highest
|
$120,522 | $14,996 | $135,518 |
| Cristina Cruz | Board Chair (thru 10/3/2024) | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Richard Dunn | Vice-Chair | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Michael Bright | SECRETARY (thru 12/30/2024) | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Roseann Smith | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Joseph Dabbah | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL STEPHANI | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| SAM CHAPIN | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Nicole Swan-Bennett | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| LYNETTE LASHAWN | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Dawn M Spango | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| DARRYL WALKER | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Tony Gibbons | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Paul Pereira | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| Amber Randolph | BOARD MEMBER (thru 6/11/2024) | 1.0 |
Director
|
$0 | $0 | $0 |
| Kimberly Holmes Esq | BOARD MEMBER (thru 6/14/2024) | 1.0 |
Director
|
$0 | $0 | $0 |
| KYLEESHA WINGFIELD-HILL | BOARD MEMBER | 1.0 |
Director
|
$0 | $0 | $0 |
| HONORABLE LAMONICA MCIVER | BOARD MEMBER (09/23/2024) | 1.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $8,531,221 | $6,908,194 | $11,231,136 | $1,623,027 |
| 2023 | $8,541,889 | $6,551,017 | $10,288,906 | $1,990,872 |
| 2022 | $5,077,121 | $5,127,626 | $7,750,959 | $-50,505 |
| 2021 | $5,205,083 | $5,213,278 | $7,203,712 | $-8,195 |
| 2020 | $5,094,718 | $4,744,255 | $7,986,101 | $350,463 |
| 2019 | $5,507,369 | $5,095,309 | $7,639,805 | $412,060 |
| 2018 | $5,121,367 | $4,774,752 | $7,301,099 | $346,615 |
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