New Jersey · Nonprofit
UNION COUNTY ECONOMIC DEVELOPMENT CORP
UNION COUNTY ECONOMIC DEVELOPMENT CORP (New Jersey) receives grants from 13 organizations whose IRS filings report $1,388,110 to it, the largest being Princeton Regional Chamber of Commerce Foundation Inc ($440,000). 6 of them have funded it in more than one year.
- Revenue FY2025
- $4.1M
- Funders on record
- 13
- Grants received
- $1.4M
- Net assets
- $19M
What Union County Economic Development Corp does
Mission
Promote & develop economic growth in new jersey by providing financial and technical assistance to small businesses.
As stated on its FY2025 Form 990.
Programs
Financial assistance program:ucedc's microloan program provides both start-up and existing businesses with an opportunity to borrow money for a variety of reasons, including purchasing equipment, fixtures or inventory; working capital; or making renovations on privately owned commercial real estate. Start-ups (operational for less than two years) can borrow a maximum of $35,000, with sufficient collateral, for up to six years. Older businesses with a profitable operating history are eligible for up to $50,000 for the same time period. Interest rates vary up to 7.75%, depending on the age and financial operations of the business and the owner's credit history. Loans may be prepaid without penalty.ucedc is one of only 40 lenders in the nation to offer the sba (7a) financing program, designed to encourage business growth and job creation. Long-term loans of up to $250,000 are available to start-up (in operation less than two years) and existing businesses.funds can be used for a wide variety of purposes including working capital; furniture/fixtures, machinery and equipment; land acquisition for commercial purposes; construction or renovation for privately owned commercial properties;…
$2,479,153 spentof which $1,475 as grants$163,263 earned by the program73% of program spendingTechnical assistance program: ucedc offers a wide variety of educational programs designed to help small businesses to start, grow, and thrive. Whether you're a business beginner, need a refresher in the basics, or are looking for a more intensive experience, we have the training sessions to fit your needs.business basics - these free two-hour workshops address a variety of business concerns for both start-up entrepreneurs and established business owners.they are offered throughout new jersey, often in cooperation with partner organizations and agencies that share our commitment to small business growth. Business mentoring -ucedc loan clients and graduates of our multi-session training programs receive free individualized business counseling. Your ucedc business mentor is your board of directors, cfo, and marketing manager, all rolled into one. Your mentor meets with you at your convenience, acts as your sounding board, and offers feedback, advice, and suggestions to keep your business on track.
$894,183 spent$410,694 earned by the program27% of program spending
The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $3,373,336.
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 2020 to 2021, from $19M to $24M (+24%).
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 62% · 2018 60% · 2019 59% · 2020 46% · 2021 72% · 2022 83% · 2023 67% · 2024 56% · 2025 57%. Grants only. Government contracts and fees sit inside program revenue.
65% of UNION COUNTY ECONOMIC DEVELOPMENT CORP’s revenue is contributions — more donation-reliant than the typical peer (60% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 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.
Board chair
Michael Warrington
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $70k → $79k.
3 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 14% 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 UNION COUNTY ECONOMIC DEVELOPMENT CORP’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
UNION COUNTY ECONOMIC DEVELOPMENT CORP leans on a few funders — its largest provides 32% of grant income and the top three 72%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 44% · 2021 78% · 2022 48% · 2023 63% — diversifying over time.
“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.
How long its funders stay
25% of UNION COUNTY ECONOMIC DEVELOPMENT CORP's funders are still giving 3 years after their first grant; 46% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
UNION COUNTY ECONOMIC DEVELOPMENT CORP draws 58% of its grant income from funders outside New Jersey, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $192k arriving through sponsors registered in 3 states 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
UNION COUNTY ECONOMIC DEVELOPMENT CORP holds deeper cash reserves than three-quarters of the 2,299 community improvement nonprofits its size.
this organization peer median middle 50% of peers· 2,299 community improvement nonprofits $1M–$10M, FY2025
Government funding UNION COUNTY ECONOMIC DEVELOPMENT CORP receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $15.5M on record.
- Small Business Administration$9.1M
- Department of the Treasury$4.2M
- Department of Defense$2.2M
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like UNION COUNTY ECONOMIC DEVELOPMENT CORP
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
86% of spending goes to programs.
Governance
Public support
87%
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 UNION COUNTY ECONOMIC DEVELOPMENT CORP: 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 UNION COUNTY ECONOMIC DEVELOPMENT CORP?
- UNION COUNTY ECONOMIC DEVELOPMENT CORP (New Jersey) receives grants from 13 organizations whose IRS filings report $1,388,110 to it, the largest being Princeton Regional Chamber of Commerce Foundation Inc ($440,000). 6 of them have funded it in more than one year.
- How many funders does UNION COUNTY ECONOMIC DEVELOPMENT CORP have?
- IRS filings report 13 organizations giving $1,388,110 in grants to UNION COUNTY ECONOMIC DEVELOPMENT CORP, 6 of which have funded it in more than one year.
- Who is the largest funder of UNION COUNTY ECONOMIC DEVELOPMENT CORP?
- Princeton Regional Chamber of Commerce Foundation Inc is the largest funder on record, with $440,000 in grants. The full list of funders is on this page.
- How can an organization like UNION COUNTY ECONOMIC DEVELOPMENT CORP 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 13 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