Choose New Jersey Inc

Community development organization based in Newark, NJ. 27 employees. Exempt under §501(c)(3).

MissionCHOOSE NEW JERSEY IS A PRIVATELY FUNDED 501 C(3) ECONOMIC DEVELOPMENT ORGANIZATION WITH A MISSION TO STIMULATE JOB CREATION AND ATTRACT CAPITAL INVESTMENT TO NEW JERSEY. CHOOSE NEW JERSEY MARKETS NEW JERSEY BOTH DOMESTICALLY AND INTERNATIONALLY AS THE BEST PLACE TO GROW A

EIN
27-2903875
State
NJ
Sector
Community development
Budget band
$10M–$25M
Latest filing
TY 2024
Records
7 officers · 6 years

Financial snapshot · TY 2024

$20.9M
Total revenue
$21.1M
Total expenses
$8.2M
Net assets

Financial health · TY 2024

43
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
12
2.1 months of expenses
Program efficiency
96
88.2% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Wesley Mathews
PRESIDENT AND CEO
$564,180
95th percentile vs. peers
Jennifer Lenhardt
CHIEF ADMINISTRATIVE OFFICER
$217,322
79th percentile vs. peers
William Noonan
CHIEF BUSINESS DEVELOPMENT OFFICER
$207,142
74th percentile vs. peers
Carly Wronko
DIRECTOR OF MARKETING
$172,775
50th percentile vs. peers
Rena Sherman
DIRECTOR OF RESEARCH & STRATEGIC PARTNERSHIPS
$158,920
74th percentile vs. peers

Is this your organization?

Claim this page for a private dashboard with financial health, peer benchmarks, and comp history.

Claim this page