New Jersey · Nonprofit
Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter
Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter (New Jersey) receives grants from 2 organizations whose IRS filings report $31,250 to it, the largest being JEWISH COMMUNAL FUND ($22,500). 1 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2025
- $664k
- Funders on record
- 2
- Grants received
- $31k
- Net assets
- $207k
What Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter does
Mission
RiverCenter's mission is to cultivate and promote a thriving economic environment in downtown Red Bank. RiverCenter employs programs in business recruitment, marketing and promotions, design, development management and capital improvement.
As stated on its FY2025 Form 990.
Programs
RiverCenter 2025 Activities and AccomplishmentsIn 2025 Red Bank RiverCenter (the organization that manages the Special Improvement District for the borough of Red Bank) continued to advance its mission to cultivate and promote a thriving economic environment in downtown Red Bank, and centered on business recruitment and retention, marketing and promotions, design and infrastructure, and engaging the community. This included more programming on Broadwalk, more tentpole events within the district, filling up vacancies with over 55 new businesses, a larger horticulture program, and additional support for existing businesses.
$582,555 spent100% of program spendingBusiness Recruitment and Retention:RiverCenter focused their efforts for business recruitment and retention on programs that kept our business district competitive with other nearby shopping centers, strip malls, and downtowns. We met with several new prospective new business owners and introduced them to landlords and brokers who show them potential spaces where they could site their businesses. We attended Planning and Zoning Board hearings to support applications for new mixed-use properties with retail space on the first floor. We also spotlighted new businesses by promoting them on our social media channels and congratulating them in our e-newsletter that gets distributed on a weekly basis to over 7,000 recipients. In 2025 we welcomed over 55 new businesses.
Marketing & Promotions: We continued to market the downtown Red Bank business district to our residents, neighboring communities and counties, and through the tristate area. This consisted of a new branding campaign that launched on multiple different facets. Online, social, static, NJ Transit, and media ads were taken out in strategic areas driving more shoppers and diners to the district. In 2025 we were able to continue to grow our social media audience and our e-newsletter that now has over 7,000 emails. Both feature new businesses along with events taking place in the district.
Marketing & Promotions, continued, - Promotional events included our Annual Sidewalk Sale, Streetlife live music and arts program, Halloween events, Pop Culture Event, and a full complement of holiday events including our Holiday Express Concert, town and tree lighting and weekly entertainment by carolers and musicians. - Expanded our programming on the Broadwalk, where the Borough of Red Bank closes down a portion of Broad Street and turns it into a pedestrian pavilion where there is programming and outdoor dining on the street.Broadwalk was programmed differently in 2025 from previous years. Local businesses were able to host an event on Broadwalk, more programming from free karate, Pilates, yoga and story time for kids.
Design & Infrastructure: In 2025 the RiverCenter - Maintained sidewalks and curbside by assisting with liter removal. - Beautified our streetscapes with seasonal blooms from April to November through our Horticulture Program, a partnership between RiverCenter, the Borough of Red Bank, and volunteers from the Navesink Garden Club. During the holiday season RiverCenter decorates the district with lights, garland and lots of holiday cheer with roaming carolers. The day after Thanksgiving, RiverCenter starts the holiday season with a large concert on Broad Street and "Lights Up" the town with Santa and his friends.
The 5 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $582,555.
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 $536k to $1.1M (+110%).
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: 2019 2% · 2021 5% · 2022 1% · 2023 35% · 2024 17%. Grants only. Government contracts and fees sit inside program revenue.
0% of Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter’s revenue is contributions — more earned-revenue than three-quarters of its peers (62% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 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
Mairin Bellack
Executive Director
Board chair
John Anderson
Chairman
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2019 and FY2020 filings.
Who funds it, year by year
Grant support over time, funder by funder — shade shows the grant size each year.
1 of 2 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 72% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter’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
Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter leans on a few funders — its largest provides 72% 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
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter.
“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
72% of Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $9k that is directly attributable, 100% of it comes from New Jersey funders.
Funder states come from each funder’s own filing. $23k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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
Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter is better cushioned than half of the 7,668 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 7,668 community improvement nonprofits $100k–$1M, FY2025
Organizations like Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter
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
74% of spending goes to programs.
Governance
Public support
89%
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 Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter: 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 Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter?
- Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter (New Jersey) receives grants from 2 organizations whose IRS filings report $31,250 to it, the largest being JEWISH COMMUNAL FUND ($22,500). 1 of them have funded it in more than one year, and 72% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter have?
- IRS filings report 2 organizations giving $31,250 in grants to Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter, 1 of which have funded it in more than one year.
- Who is the largest funder of Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter?
- JEWISH COMMUNAL FUND is the largest funder on record, with $22,500 in grants. The full list of funders is on this page.
- How can an organization like Special Improvement District Borough of Red Bank Inc Red Bank RiverCenter 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 FY2025 (financials across 2017–2025), 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 22, 2026. What this page cannot tell you · view filing