Union County Economic Development Corp
Cranford, New Jersey
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $4,807,989↓10% | $3,819,951↑11% | $26,668,895↑9% | — |
| 2022 | $5,346,138↓8% | $3,455,714↑18% | $24,391,052↑2% | — |
| 2021 | $5,814,485↑62% | $2,933,056↑12% | $23,859,327↑24% | — |
| 2020 | $3,587,392↑8% | $2,630,398↓6% | $19,181,232↑16% | — |
| 2019 | $3,311,510↓23% | $2,801,721↑10% | $16,487,770↑5% | — |
| 2018 | $4,283,366↑13% | $2,547,374↑3% | $15,700,054↓4% | — |
| 2017 | $3,803,185↑8% | $2,462,868↑8% | $16,429,530↑5% | — |
| 2016 | $3,536,859↑26% | $2,283,878↑15% | $15,618,601↑15% | — |
| 2015 | $2,813,177↑10% | $1,987,765↓5% | $13,544,674↑25% | — |
| 2014 | $2,557,126↑8% | $2,084,455↑9% | $10,872,858↑19% | — |
| 2013 | $2,366,220↑15% | $1,908,977↑2% | $9,142,979↑16% | — |
| 2012 | $2,054,965↓8% | $1,863,394↑4% | $7,915,364↑10% | — |
| 2011 | $2,238,240 | $1,800,031 | $7,199,695 | — |
Frequently Asked Questions
What does Union County Economic Development Corp do?▼
Union County Economic Development Corp is a community improvement & capacity building nonprofit organization based in New Jersey. It is classified under NTEE code S310 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Union County Economic Development Corp financially healthy?▼
Based on our 9-metric Financial Health Score model, Union County Economic Development Corp has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Union County Economic Development Corp generate?▼
Union County Economic Development Corp reports $4.2M in annual revenue and holds $26.8M in total assets, based on IRS filings.
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