Plainfield Sid Management Corporation

Nonprofit profile at a glance

EIN
201320250
IRS 990-EZ coverage
2009–2017
Forms available
Form 990-EZ 2017
Location
Plainfield, NJ, USA
Phone
9087569366
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$192,402
Expenses
$153,110
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • NIMROD WEBB (PRESIDENT & TREASURER)
  • DONNA ALBANESE (VICE PRESIDENT)
  • MARITZA MARTINEZ (VICE PRESIDENT)

People named in this filing

  • LISA COHEN (DIRECTOR)
  • NIMROD WEBB (PRESIDENT & TREASURER)
  • DR SCOTT RUFULO (DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2017. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The district management corporation was formed to improve the ecoomic and social conditions of the plainfield special improvement district in plainfield, New Jersey, by providing a safe and clean environment for the general public

What it reported doing in 2017

To market the district to the general public and citizens of the district and encourage participation in local events and holiday celebrations the organization sponsors commemorative and holiday events with participation of district business owners. The events and programs improve business economic conditions in the district.

Operating model

Revenue model
Donor-supported. 86% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 45
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 79.6%; rating input score 80
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 20.4%; rating input score 78; 78th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings

Growth

  • Program expense growth: 13.7% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 40th percentile among comparable filings
  • Asset growth: -24.8% per year; rating input score 0; 5th percentile among comparable filings

Details

  • Where the money goes: 79.6% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $153K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2009 to 2017
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.