Skip to content
Nonprofiteer
← All organizations

GREATER NEWARK ENTERPRISES CORPORATION

EIN 20-2247312 NEWARK, NJ

Browse the largest nonprofits in New Jersey

Revenue 2025
$2,311,849
Expenses 2025
$1,993,336

Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
S43
Classification
1200
Street
211 WARREN STREET 423

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

Mission

THE GREATER NEWARK ENTERPRISES CORPORATION (GNEC) MAKES LOANS AND INVESTMENTS IN PROGRAMS IN URBAN COMMUNITIES ENGAGED IN THE FOLLOWING WEALTH-CREATION STRATEGIES: PROVIDING FINANCIAL SERVICES, LOANS AND INVESTMENTS, OFFERING TRAINING AND MENTORING, INFORMATION AND REFERRAL SUPPORT. THE GNEC SEMINARS COVERS TAXES, MARKETING AND SALES, PURCHASING AND INVENTORY.

  • THE GREATER NEWARK ENTERPRISES CORPORATION (GNEC) PROVIDED FINANCIAL AND TECHNICAL ASSISTANCE TO NUMEROUS CLIENTS WHICH INCLUDE SMALL BUSINESSES OWNED BY WOMEN, LOW INCOME INDIVIDUALS AND MINORITIES TO ENCOURAGE ENTREPRENEURSHIP.

    Expenses $1,671,357

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Victor Salama

    EXECUTIVE DIRECTOR

    Total calculated
    $241,667
    From this org
    $241,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $241,667
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $241,667

  • Desiree Sealey

    Director

    Total calculated
    $116,458
    From this org
    $116,458
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Khady Copeland

    Director

    Total calculated
    $109,573
    From this org
    $109,573
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Onel Vilares

    Director

    Total calculated
    $102,750
    From this org
    $102,750
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Yane Arias

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Gustavo Abreu

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Amit Airen

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Dominick Belfore

    Chairman

    Total calculated
    $0
    Hours/week
    0.5

  • Chris Murphy

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Katerina Zacharia

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Therone Hopkins

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Carlton West

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Julian Ibanez

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • John Suwatson

    Secretary

    Total calculated
    $0
    Hours/week
    0.5

  • Judith Sheft

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Avi Telyas

    Treasurer

    Total calculated
    $0
    Hours/week
    0.5

  • Glenn Carroll

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Ken Bland

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Tamara Mangum

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Sibusisiwe Malaba

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Ferlanda Fox Nixon

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

  • Derick Mundy

    Trustee

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2025
    Revenue
    $2,311,849
    Expenses
    $1,993,336
    Contributions
    $2,000,170
    Grants paid
    $0
  • 2024
    Revenue
    $2,936,594
    Expenses
    $1,643,469
    Contributions
    $2,614,199
    Grants paid
    $0
  • 2023
    Revenue
    $1,635,461
    Expenses
    $1,793,174
    Contributions
    $1,519,844
    Grants paid
    $0
  • 2022
    Revenue
    $2,347,648
    Expenses
    $1,442,466
    Contributions
    $2,179,953
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $2,856,521
    Expenses
    $856,674
    Assets (EOY)
    $3,825,009

  • 2020 · 990

    Revenue
    $1,569,077
    Expenses
    $637,344
    Assets (EOY)
    $1,909,952

  • 2019 · 990

    Revenue
    $459,547
    Expenses
    $616,036
    Assets (EOY)
    $865,498

  • 2018 · 990

    Revenue
    $816,699
    Expenses
    $613,294
    Assets (EOY)
    $1,044,798

  • 2017 · 990

    Revenue
    $808,615
    Expenses
    $504,477
    Assets (EOY)
    $1,266,891

  • 2016 · 990

    Revenue
    $560,528
    Expenses
    $549,146
    Assets (EOY)
    $1,018,910

  • 2015 · 990

    Revenue
    $542,062
    Expenses
    $503,784
    Assets (EOY)
    $1,066,396

  • 2014 · 990

    Revenue
    $537,429
    Expenses
    $591,296
    Assets (EOY)
    $1,070,045

  • 2013 · 990

    Revenue
    $499,842
    Expenses
    $562,495
    Assets (EOY)
    $1,006,128

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $572,624
    Assets (EOY)
    $1,079,657

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2025, the newest we have parsed for this organization.