Carteret Business Partnership Inc
Donations deductibleRevenue
$8.8m
year to 31 December 2024
Expenses
$8.2m
year to 31 December 2024
Total assets
$17.4m
$608k liabilities
Net assets
$16.8m
assets less liabilities
Directors and trustees
9
7.3 years on average
Staff
113
employees, year to 31 December 2024
Chair observed
≥5 yrs
Daniel J Reiman
Left since last filing
0
no seats appear to have opened
Carteret Business Partnership Inc's network
9 people6 organisationsi9 people and 6 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (9). Violet dotted lines (6) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
9 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record. The organisation reported 7 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Daniel J Reiman Chair | Chairman | 2018 | 8 yrs |
| AJ Johal | Member | 2018 | 8 yrs |
| Diana St John | Deputy Director | 2023 | 3 yrs |
| Hank Dorsi | Vice Chairman | 2018 | 8 yrs |
| Joseph Wutkowski | Treasurer | 2018 | 8 yrs |
| Mark Hruska | Executive Director | 2018 | 8 yrs |
| Michael Sica | Member | 2018 | 8 yrs |
| Peter Visceglia | Member | 2018 | 8 yrs |
| Tanbir Duku | Member | 2023 | 3 yrs |
Under 5 years5 to 6 years6 years or more
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Mark Hruska | Executive Director | 12.5 | $50k | ||
| Daniel J Reiman | Chairman | 5 | $0 | ||
| Hank Dorsi | Vice Chairman | 1 | $0 | ||
| Joseph Wutkowski | Treasurer | 1 | $0 | ||
| Peter Visceglia | Member | 1 | $0 | ||
| Aj Johal | Member | 1 | $0 | ||
| Michael Sica | Member | 1 | $0 |
About
- Legal name
- Carteret Business Partnership Inc
- EIN
- 320145183
- Address
- 61 Cooke Ave, Carteret, NJ, 07008-3046
- State
- New Jersey
- Mission
- Assist the borough of carteret, county of middlesex, nj in economic development, promoting business growth & development and foster goodwill between the business community and the general public. (as filed on the Form 990)
- Activity (NTEE)
- S30 Community improvement and capacity building
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Community Improvement & Capacity Building
- Size band
- 8 (IRS master file code)
- Formed
- 2005
- Principal officer
- Mark Hruska (as named on the Form 990)
- IRS ruling date
- 1 August 2008
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 5, latest 2023
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsDaniel J Reiman
≥8years on the filingsAJ Johal
≥8years on the filingsHank Dorsi
≥8years on the filingsJoseph Wutkowski
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $17.4m
- Total liabilities
- $608k
- Net assets or fund balances
- $16.8m
- Contributions and grants received
- $5m
- Program service revenue
- $3.3m
- Grants and similar paid out
- $242k
- Employees
- 113
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2023 | $9.5m | $8.3m | $1.2m |
As filed on the IRS Form 990. US dollars.
Grants paid
1 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Carteret Pba Local 47 | To assist with the improvements of street scapes. | $242k |