2024-03-28T18:36:06-04:00 2023-12-31 222417800 MARTINI & MARTINI CPA P A 1135 E CHESTNUT AVE VINELAND NJ 08360 990 2023-01-01 822457148 FOOD SPECIALIZATION REDEVELOPMENT CORPORATION FOOD 8568253700 745 LEBANON ROAD MILLVILLE NJ 08332 DALE JONES TREASURER 8568253700 2024-03-05 true DALE JONES 999009999 false DOMINICK MERIGHI P02381479 8566918934 2024-03-19 2023 2023-04-26 12:10:37Z DALE JONES 434 E WALNUT RD VINELAND NJ 08360 185522 false X N/A X 2017 NJ TO DEVELOP, CONSTRUCT, MANAGE, LEASE, SELL AND/OR TRANSFER THE FOOD INDUSTRY COMMERCIALIZATION CENTER IN THE CITY OF BRIDGETON, NJ AND TO CONTRACT WITH OTHER NON PROFIT CORPORATIONS, PRIVATE ENTITIES AND GOVERNMENTAL ENTITIES AS NECESSARY TO SECURE AND PARTICIPATE IN FEDERAL AND STATE OF NJ TAX CREDITS, INCLUDING NEW MARKETS TAX CREDITS, AND OTHER NECESSARY FINANCING. 5 1 0 0 0 185504 185504 25 18 0 185529 185522 0 0 0 0 0 232871 473453 232871 473453 -47342 -287931 10175333 9508087 10500020 10500020 -324687 -991933 X TO DEVELOP, CONSTRUCT, MANAGE, LEASE SELL AND/OR TRANSFER THE FOOD INDUSTRY COMMERCIALIZATION CENTER ON THE PROPERTY LOCATED IN BRIDEGETON NJ, AND TO CONTRACT WITH OTHER NON PROFIT CORPORATIONS, PRIVATE ENTITIES AND GOVERNMENTAL ENTITIES AS NECESSARY TO SECURE AND PARTICIPATE IN FEDERAL AND STATE OF NJ INVESTMENT TAX CREDITS INCLUDING NEW MARKETS TAX CREDITS, AND OTHER NECESSARY FINANCING. IN FURTHERANCE OF THE AFORESAID PURPOSE, THE CORPORATION MAY EXCERCISE ANY AND ALL POWERS ENUMERATED IN THE NEW JERSEY NON PROFIT CORPORTION ACT. false false 221386 185504 TO DEVELOP, CONSTRUCT, MANAGE, LEASE SELL AND/OR TRANSFER THE FOOD INDUSTRY COMMERCIALIZATION CENTER ON THE PROPERTY LOCATED IN BRIDEGETON NJ, AND TO CONTRACT WITH OTHER NON PROFIT CORPORATIONS, PRIVATE ENTITIES AND GOVERNMENTAL ENTITIES AS NECESSARY TO SECURE AND PARTICIPATE IN FEDERAL AND STATE OF NJ INVESTMENT TAX CREDITS INCLUDING NEW MARKETS TAX CREDITS, AND OTHER NECESSARY FINANCING. IN FURTHERANCE OF THE AFORESAID PURPOSE, THE CORPORATION MAY EXCERCISE ANY AND ALL POWERS ENUMERATED IN THE NEW JERSEY NON PROFIT CORPORTION ACT. 221386 true false false false false false false false false false true false false true false false false false false false false false false false false false false false false false false false false true false false false false false false false false false false false false false true 0 0 false 0 false false false false false false false false X 5 1 false false false false false true false true true false false true false false false false false false X FOOD SPECIALIZATION REDEVELOPMENT CORPORATION 8568253700 745 LEBANON ROAD MILLVILLE NJ 08332 X EDWARD BETHEA VICE PRESIDE 5.00 X X 0 0 0 DALE JONES TREASURER 5.00 X X 0 0 0 ROBERT P NEDOHON JR PRESIDENT 5.00 X X 0 0 0 KEVIN RABAGO TRUSTEE 5.00 X 0 0 0 DANTE RIETI SECRETARY 5.00 X X 0 0 0 false false false OPERATING FEE 185504 185504 185504 18 18 185522 185522 37747 25247 12500 196139 196139 239567 239567 473453 221386 252067 0 22 6 46720 34238 7472686 618882 6853804 269430 258795 9859161 2361244 10175333 9508087 20 20 10500000 10500000 10500020 10500020 X -324687 -991933 -324687 -991933 10175333 9508087 -287931 -379315 X true X false true X X X 2 CUMBERLAND COUNTY IMPROVEMENT AUTHORITY CUMBERLAND COUNTY IMPROVEMENT AUTHORITY 222583158 6 false 0 0 CUMBERLAND EMPOWERMENT ZONE CORPORATION CUMBERLAND EMPOWERMENT ZONE CORPORATION 223697249 10 true 0 0 2 0 false false false false false false false false false false false false false false false false true false X PART IV, SECTION A, LINE 1 40% (2 OF 5) OF THE BOARD OF DIRECTORS IS EMPLOYED BY CUMBERLAND COUNTY IMPROVEMENT AUTHORITY. PART IV, SECTION E, LINE 1C 40% (2 OF 5) OF THE VOTING BOARD OF DIRECTORS ARE MEMBERS OF THE GOVERNING BOARD OF THE LOCAL GOVERNMENTAL UNIT. 140000 140000 6582686 425132 6157554 750000 193750 556250 6853804 OPERATING LEASES 2361244 2361244 CUMBERLAND COUNTY IMPROVEMENT AUTHOR CAPITAL LEASE OBLIGATION LESSOR LOAN FOR BUILDING X 9884470 20 false true true 20 FORM 990 - ORGANIZATION'S MISSION TO DEVELOP, CONSTRUCT, MANAGE, LEASE SELL AND/OR TRANSFER THE FOOD INDUSTRY COMMERCIALIZATION CENTER ON THE PROPERTY LOCATED IN BRIDEGETON NJ, AND TO CONTRACT WITH OTHER NON PROFIT CORPORATIONS, PRIVATE ENTITIES AND GOVERNMENTAL ENTITIES AS NECESSARY TO SECURE AND PARTICIPATE IN FEDERAL AND STATE OF NJ INVESTMENT TAX CREDITS INCLUDING NEW MARKETS TAX CREDITS, AND OTHER NECESSARY FINANCING. IN FURTHERANCE OF THE AFORESAID PURPOSE, THE CORPORATION MAY EXCERCISE ANY AND ALL POWERS ENUMERATED IN THE NEW JERSEY NON PROFIT CORPORTION ACT. FORM 990, PAGE 6, PART VI, LINE 7A THE ORGANIZATION MAINTAINS A BOARD OF DIRECTORS, WHICH INCLUDES 5 MEMBERS. 2 MEMBERS ARE EMPLOYED BY THE CUMBERLAND COUNTY IMPROVEMENT AUTHORITY (40%), 2 MEMBERS ARE EMPLOYED BY CUMBERLAND EMPOWERMENT ZONE CORPORATION (40%), AND 1 INDEPEDENT MEMBER (20%). THESE MEMBERS ALL HAVE VOTING POWER TO ELECT OR APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE EXECUTIVE DIRECTOR AND SHARED WITH MEMBERS OF THE GOVERNING BODY. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.