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        <ManagementAndGeneralAmt>1209</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>13495</ProgramServicesAmt>
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        <EOYAmt>5193864</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>-208886</ReconcilationRevenueExpnssAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>true</FederalGrantAuditRequiredInd>
      <FederalGrantAuditPerformedInd>true</FederalGrantAuditPerformedInd>
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      <GrossInvestmentIncome170Grp>
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      <UnrelatedBusinessNetIncm170Grp>
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      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>Pt II Ln 10</FormAndLineReferenceDesc>
        <ExplanationTxt>Other Income Part II, Line 10 Description: Debt Forgiveness 2020: 137500.</ExplanationTxt>
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      <OtherAssetsOrgGrp>
        <Desc>Investment in First Street Urban Renewal, LLC</Desc>
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      <OtherAssetsOrgGrp>
        <Desc>Escrow</Desc>
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      <RevenueSubtotalAmt>2107811</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>2107811</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>2316697</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>2316697</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>2316697</TotalExpensesPerForm990Amt>
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    <IRS990ScheduleO documentId="IRS990ScheduleO-01" softwareId="22015534">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>Several Board members are employed by Organizations that either utilized the services that the EDC provides at market rates or applied for and received grant and/or loan funding for allowed activities approved through the appropriate committee and/or Board process.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>Management discusses with the audit committee who approves the return that is filed.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>The EDC follows/uses the State mandated annual disclosure statement for all directors and employees.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>In the case of the Executive Director the evaluation is conducted by the Chairman of the board and discussed with the personnel committee of the board.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>There is an annual review/evaluation of all employees conducted by the immediate supervisor of each employee and discussed with management/employee. Review/evaluation does not make recommendations as to salary increases, that is determined by management/board based on evaluation and availability of funding.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>Documents are provided upon receipt of a written request.</ExplanationTxt>
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          <StateAbbreviationCd>NJ</StateAbbreviationCd>
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          <CityNm>Elizabeth</CityNm>
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        <PublicCharityStatusTxt>n/a</PublicCharityStatusTxt>
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          <StateAbbreviationCd>NJ</StateAbbreviationCd>
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      <GiftGrntOrCapContriToOthOrgInd>false</GiftGrntOrCapContriToOthOrgInd>
      <GiftGrntCapContriFromOthOrgInd>true</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
      <TransactionsRelatedOrgGrp>
        <OtherOrganizationName>
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        </OtherOrganizationName>
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        <MethodOfAmountDeterminationTxt>cash received</MethodOfAmountDeterminationTxt>
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    </IRS990ScheduleR>
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</Return>