Middletown Redevelopment Corporatio

KEYPORT, NJ EIN: 31-1475930

Middletown Redevelopment Corporatio is a private foundation focused on Housing & Shelter, based in KEYPORT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it made $3.1M in qualifying distributions. Net investment income was $37K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.4M

-0.8% YoY

Revenue

$39K

+2.8% YoY

Qualifying Distributions

$3.1M

+4389.8% YoY

Expenses

$65K

-4.9% YoY

About Middletown Redevelopment Corporatio

Based on IRS filings

Middletown Redevelopment Corporatio is a private foundation focused on Housing & Shelter, based in KEYPORT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.4M in total assets. In 2024, it made $3.1M in qualifying distributions. Net investment income was $37K.

Focus Areas

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$843K$2M$3M$3M20202021202220232024
Metric202420232022
Total Assets$3,372,941$3,401,075$3,429,371
Revenue$38,891$37,833$440,453
Expenses$64,890$68,264$76,348
Qualifying Distributions$3,064,890$68,264
Net Investment Income$36,891$37,833$440,453
Distributable Amount$165,061$167,647$90,703

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

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 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD KOLBERPRESIDENT
ANTHONY BRUNOVICE PRESIDE
EDWARD SKELLYTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

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

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