New Jersey · Nonprofit
CARTERET BUSINESS PARTNERSHIP LLC
CARTERET BUSINESS PARTNERSHIP LLC (New Jersey) receives grants from 2 organizations whose IRS filings report $3,000 to it, the largest being DMR FOUNDATION A NJ NONPROFIT CORPORATION ($2,500). 0 of them have funded it in more than one year.
- Revenue FY2024
- $8.8M
- Funders on record
- 2
- Grants received
- $3k
- Net assets
- $17M
What Carteret Business Partnership LLC does
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 stated on its FY2024 Form 990.
Program
Assist in economic development, infrastructure & capital improvements, business growth & development, community support and service.
$5,235,220 spentof which $319,352 as grants$1,584,021 earned by the program100% of program spending
The program described on its FY2022 Form 990. Program spending in total: $5,235,220.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $62M to $17M (−72%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 20% · 2018 67% · 2019 86% · 2020 79% · 2021 19% · 2022 54% · 2023 44% · 2024 52%. Grants only. Government contracts and fees sit inside program revenue.
57% of CARTERET BUSINESS PARTNERSHIP LLC’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mark Hruska
Executive director
Board chair
Daniel J Reiman
Chairman
As listed on its FY2024 Form 990.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
From the IRS filings of CARTERET BUSINESS PARTNERSHIP LLC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
CARTERET BUSINESS PARTNERSHIP LLC leans on a few funders — its largest provides 83% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of CARTERET BUSINESS PARTNERSHIP LLC's grant income comes from New Jersey funders.
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
CARTERET BUSINESS PARTNERSHIP LLC runs a healthier operating margin than half of the 4,203 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024
Organizations like CARTERET BUSINESS PARTNERSHIP LLC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In New Jersey
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
80% of spending goes to programs.
Governance
Public support
99%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for CARTERET BUSINESS PARTNERSHIP LLC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds CARTERET BUSINESS PARTNERSHIP LLC?
- CARTERET BUSINESS PARTNERSHIP LLC (New Jersey) receives grants from 2 organizations whose IRS filings report $3,000 to it, the largest being DMR FOUNDATION A NJ NONPROFIT CORPORATION ($2,500). 0 of them have funded it in more than one year.
- How many funders does CARTERET BUSINESS PARTNERSHIP LLC have?
- IRS filings report 2 organizations giving $3,000 in grants to CARTERET BUSINESS PARTNERSHIP LLC.
- Who is the largest funder of CARTERET BUSINESS PARTNERSHIP LLC?
- DMR FOUNDATION A NJ NONPROFIT CORPORATION is the largest funder on record, with $2,500 in grants. The full list of funders is on this page.
- How can an organization like CARTERET BUSINESS PARTNERSHIP LLC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New Jersey. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing