Margate Terrace Corporation

MARGATE, NJ EIN: 22-2706023

Margate Terrace Corporation is a nonprofit organization, based in MARGATE, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.2M in total assets. Net investment income was $4K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$5.2M

+0.5% YoY

Revenue

$1.7M

+6.3% YoY

Net Investment Income

$4K

+26.4% YoY

Expenses

$1.7M

-0.4% YoY

About Margate Terrace Corporation

Based on IRS filings

Margate Terrace Corporation is a nonprofit organization, based in MARGATE, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $5.2M in total assets. Net investment income was $4K.

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$462K$924K$1M$2M20212022202320242025
Metric202520242023
Total Assets$5,239,104$5,213,674$4,395,023
Revenue$1,679,287$1,579,737$1,550,700
Expenses$1,652,145$1,659,510$1,399,947
Qualifying Distributions
Net Investment Income$3,564$2,820
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20210 grants20220 grants20230 grants20240 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2025

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
JENNIFER WAGNERTREASURER0.25
MARTIN KLEINTRUSTEE0.25
DAN CAMPBELLPRESIDENT0.5
JENNIFER SELIGSHOHNSECRETARY0.25
CHUCK LA BARRETRUSTEE0.25
MICHAEL STARKTRUSTEE0.25
VICTORY NEYTRUSTEE0.25
BRENDA TAUBETRUSTEE0.25
ETHEL LEVINSONTRUSTEE0.25
JOHN AGNARTRUSTEE0.25
SUSANNE WATSONTRUSTEE0.25
CLEM WASELSKITRUSTEE0.25

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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