Skip to content
ProPublica Donate
ProPublica Donate

Margate Terrace Development Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Nonmonetary Support N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$18.5k (2024)

Expenses
$18.2k (2024)

Total Assets
$933k (2024)

Total Liabilities
$3.93k (2024)

Source: Form 990 tax filings from 2017 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,508
Expenses
$18,222
Net Income
$286
Net Assets
$928,701
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $32,913
> 100%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$14,405
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $932,626
Total Liabilities $3,925
Net Assets $928,701
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Jennifer Wagner (Trustee/Vice President) $0 $0 $0
Jennifer Seligsohn (Trustee/Secretary) $0 $0 $0
Chuck La Barre (Trustee/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$32,754
Expenses
$15,035
Net Income
$17,719
Net Assets
$861,737
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $31,755
96.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$3,269
Net Inventory Sales $0
Other Revenue $4,268
13.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $866,662
Total Liabilities $4,925
Net Assets $861,737
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Jennifer Wagner (Trustee/Vice President) $0 $0 $0
Jennifer Seligsohn (Trustee/Secretary) $0 $0 $0
Chuck La Barre (Trustee/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$57,691
Expenses
$18,638
Net Income
$39,053
Net Assets
$820,106
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $37,026
64.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,665
35.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $829,299
Total Liabilities $9,193
Net Assets $820,106
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Jennifer Wagner (Trustee/Vice President/Treasurer) $0 $0 $0
Jennifer Seligsohn (Trustee/Secretary) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$41,150
Expenses
$19,065
Net Income
$22,085
Net Assets
$957,716
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $32,895
79.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $8,255
20.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $963,651
Total Liabilities $5,935
Net Assets $957,716
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Jennifer Wagner (Trustee/Vice President) $0 $0 $0
Jennifer Seligsohn (Trustee/Secretary) $0 $0 $0
Suzanne Watson (Trustee/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$92,546
Expenses
$10,848
Net Income
$81,698
Net Assets
$828,745
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $16,222
17.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $76,324
82.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $835,680
Total Liabilities $6,935
Net Assets $828,745
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Jennifer Wagner (Trustee/Vice President) $0 $0 $0
Jennifer Seligsohn (Trustee/Secretary) $0 $0 $0
Joel Chipkin (Trustee/Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$18,751
Expenses
$15,021
Net Income
$3,730
Net Assets
$817,717
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $16,525
88.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,226
11.9%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $822,717
Total Liabilities $5,000
Net Assets $817,717
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Jennifer Wagner (Trustee/Vice President) $0 $0 $0
Jennifer Seligsohn (Trustee/Secretary) $0 $0 $0
Joel Chipkin (Trustee/Treasurer) $0 $0 $0
Jay Cooke (President Emeritus) $0 $0 $0
Jerome M Greenberg (Trustee) $0 $0 $0
Martin Klein (Trustee) $0 $0 $0
Clem Wasleski (Trustee) $0 $0 $0
Michael Stark (Trustee) $0 $0 $0
John Taube (Trustee) $0 $0 $0
Brenda Taube (Trustee) $0 $0 $0
Ethel Levinson (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,693
Expenses
$220,377
Net Income
-$183,684
Net Assets
$796,129
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $14,507
39.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $22,186
60.5%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $801,129
Total Liabilities $5,000
Net Assets $796,129
Compensation
Key Employees and Officers Compensation Related Other
Daniel Campbell (Trustee/President) $0 $0 $0
Mary Lou Adams (Trustee/Vice President) $0 $0 $0
Joel Chipkin (Trustee/Secretary/Treasure) $0 $0 $0
Jerome Greenberg (Trustee) $0 $0 $0
Jason Goldstein (Trustee) $0 $0 $0
Martin Klein (Trustee) $0 $0 $0
Clem Wasleski (Trustee) $0 $0 $0
William Crimbring (Trustee) $0 $0 $0
Jennifer Wagner (Trustee) $0 $0 $0
Jay Cooke (President Emeritus) $0 $0 $0
Kelley Blanchet (Trustee) $0 $0 $0
Ethel Levinson (Trustee) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$972,077
Expenses
$23,220
Net Income
$948,857
Net Assets
$971,965
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $965,250
99.3%
Investment Income $6,716
0.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $111
0.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $976,665
Total Liabilities $4,700
Net Assets $971,965
Compensation
Key Employees and Officers Compensation Related Other
Frederick Verna (Trustee/President) $0 $0 $0
Daniel Campbell (Trustee/Vice President) $0 $0 $0
Jerome M Greenberg (Trustee/Secretary/Treasurer) $0 $0 $0
Joseph Dougherty (Trustee) $0 $0 $0

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »