The Red Bank Neighborhood Pride Association is dissolving.
Officials made the announcement in a Facebook posting.
It says, "After much discussion, it is with deep sorrow and heavy hearts that we announce the dissolvement of the Red Bank Neighborhood Pride Association.
"We are proud of the work we have done for our community since its Inception by former mayor Joe Glasscock in 2006.
"We hope every citizen continues to improve our beautiful city in any way they can and support our local businesses.
"We will no longer be able to sponsor the Christmas Festival or Moon Pie Festival. The city of Red Bank will continue to sponsor the parades.
"We appreciate your support over the years and know that our beautiful city will continue to grow and prosper."