MEET AC: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MEET AC (EIN 46-5565508)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-10
- IRS object ID
- 202421319349304782
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-10T17:57:44-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223507266 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FITZPATRICK BONGIOVANNI & KELLY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 NEW RD STE 102 | AddressLine1Txt |
| City | LINWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08221 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465565508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEET AC INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEET | BusinessNameControlTxt |
| Phone | 6093186201 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CONVENTION BLVD | AddressLine1Txt |
| City | ATLANTIC CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | EVAN SANCHEZ | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6094497160 | PhoneNum |
| Signature | 2024-04-29 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | EVAN | PersonFirstNm |
| Person Last | SANCHEZ | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT J KELLY JR | PreparerPersonNm |
| PTIN | P00064446 | PTIN |
| Phone | 6096530110 | PhoneNum |
| Preparation | 2024-04-29 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MOISHA MOORE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CONVENTION BLVD | AddressLine1Txt |
| City | ATLANTIC CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $9,657,734 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | MEETINAC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 89 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $238,370 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,376,609 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,633,616 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,227,226 | CYProgramServiceRevenueAmt |
| PY Investment Income | $5,639 | PYInvestmentIncomeAmt |
| CY Investment Income | $53,899 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $9,877,625 | PYTotalRevenueAmt |
| CY Total Revenue | $9,657,734 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,784,936 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,978,078 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $7,092,689 | PYOtherExpensesAmt |
| CY Other Expenses | $6,560,906 | CYOtherExpensesAmt |
| PY Total Expenses | $9,877,625 | PYTotalExpensesAmt |
| CY Total Expenses | $9,538,984 | CYTotalExpensesAmt |
| CY Revenues Less Expenses | $118,750 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,297,633 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,679,005 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,260,646 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,523,268 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $36,987 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $155,737 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | VISIT ATLANTIC CITY IS THE DESTINATION MARKETING ORGANIZATION RESPONSIBLE FOR BUSINESS DEVELOPMENT IN THE MEETING, TRADESHOW, CONVENTION, AND EVENT SEGMENTS AS WELL AS DOMESTIC AND INTERNATIONAL GROUP LEISURE TRAVEL FOR THE ATLANTIC CITY CONVENTION CENTER, AND THE ATLANTIC CITY HOTEL AND CASINO PROPERTIES. THIS BUSINESS SEGMENT GENERATED 300 MILLION IN ECONOMIC IMPACT THROUGH THE UTILIZATION OF OVER 200,000 ROOM NIGHTS ALONG WITH 500,000 VISITORS THAT ATTENDED THESE EVENTS IN 2023. VISIT ATLANTIC CITY RETAINS A 55% MARKET SHARE IN THIS SEGMENT WHILE BEING THE PRIMARY DRIVER OF THE MARKETING PROGRAMS, BRANDING, MESSAGING AND CONTENT. THESE PROGRAMS INCLUDE BUT ARE NOT LIMITED TO ALL PRINT AND DIGITAL ADVERTISING, SOCIAL MEDIA POSITION AND GROWTH AS WELL AS PUBLIC RELATION EFFORTS THAT SUPPORT ALL TOURISM IN AND AROUND THE ATLANTIC CITY MARKET. ADDITIONALLY, OUR COMPREHENSIVE MARKETING CALENDAR IS AVAILABLE TO ALL BUSINESSES IN ATLANTIC CITY TO PARTICIPATE IN AND INCLUDE, INDUSTRY TRADESHOWS, FAMILIARIZATION TRIPS, DESTINATION EDUCATION CONTENT AND ALL BUSINESS DEVELOPMENT PROGRAMS. BELOW ARE THE TOP HIGHEST GROSSING EVENTS GENERATED BY VISIT ATLANTIC CITY AND HELD AT THE ATLANTIC CITY CONVENTION CENTER IN 2023. EVENT ROOM NIGHTS ATTENDEES ECONOMIC IMPACT NJ LOM 8,280 15,650 12,707,633 NJ SB 8,375 7,000 5,352,195 POOL AND SPA 7,885 11,900 10,533,816 BOAT SHOW 877 34,589 10,222,874 AC JAM FEST 5,842 7,000 7,155,363 TRIPLE PLAY 3,371 6,079 6,293,374 FUTSOL 5,466 6,394 6,173,585 TRI-STATE CAMP 1,983 3,659 2,450,985 LAWN AND GARDEN 2,193 1,650 4,549,718 SPIRIT CHEER 3,021 11,000 4,163,498 IMPRESSIONS EXPO 1,080 5,210 3,567,586 EASTERN ENERGY 2,469 2,740 2,599,790 BAKERY EXPO 901 4,350 2,643,505 POLICE SECU.EXPO 1,804 6,304 2,940,661 | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 49 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 89 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAREN FITZPATRICK | PersonNm |
| Phone | 6093186201 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 CONVENTION BLVD | AddressLine1Txt |
| Address Line2 | 1 CONVENTION BLVD | AddressLine2Txt |
| City | ATLANTIC CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08401 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (6 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|
| EVAN SANCHEZ | |||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $234,459 | $0 | $0 | |
| CAREN FITZPATRICK | |||||||
| VP SALES | 40.00 | $163,772 | $0 | $0 | Yes (X) | ||
| MEG LEWIS | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHY MARSHALL | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MOISHA MOORE | |||||||
| INTERIM CHAI | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| SHARON PIERCE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $398,231 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 9 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Business Name Line2ContractorName/BusinessName/BusinessNameLine2Txt | Address Line1ContractorAddress/USAddress/AddressLine1Txt | Address Line2ContractorAddress/USAddress/AddressLine2Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|---|---|
| SIMPLEVIEW LLC | |||||||
| SIMPLEVIEW LLC | 8950 N ORACLE RD | 8950 N ORACLE RD | TUSCON | AZ | 85704 | MARKETING | $454,624 |
| MAC EXPOS LLC | |||||||
| MAC EXPOS LLC | PO BOX 121 | PO BOX 121 | SPRING LAKE | NJ | 077620121 | MARKETING | $220,000 |
| MMGY-NJF | |||||||
| MMGY-NJF | 7309 W 80TH ST STE 400 | 7309 W 80TH ST STE 400 | OVERLAND PARK | KS | 66204 | MARKETING | $180,473 |
| ORANGE142 INC | |||||||
| ORANGE142 INC | 716 CONGRESS AVE SUITE 100 | 716 CONGRESS AVE SUITE 100 | AUSTIN | TX | 78701 | MARKETING | $171,000 |
| DARK FALL PRODUCTIONS | |||||||
| DARK FALL PRODUCTIONS | 3153 FIRE RD STE C | 3153 FIRE RD STE C | EGG HARBOR TWP | NJ | 08234 | MARKETING | $135,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 6 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $1,376,609 | GovernmentGrantsAmt |
| Total Contributions | $1,376,609 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| CONTRACT REVENUE-LUXURY TAXES | 900099 | $8,091,813 | $8,091,813 |
| REGISTRATION STAFFING | 900099 | $135,413 | $135,413 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,227,226 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $53,899 | TotalRevenueColumnAmt |
| Exclusion | $53,899 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $9,657,734 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,227,226 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $53,899 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $398,231 | TotalAmt |
| Program Services | $337,847 | ProgramServicesAmt |
| Management And General | $60,384 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,973,010 | TotalAmt |
| Program Services | $1,673,839 | ProgramServicesAmt |
| Management And General | $299,171 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $114,573 | TotalAmt |
| Program Services | $98,853 | ProgramServicesAmt |
| Management And General | $15,720 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $318,871 | TotalAmt |
| Program Services | $275,122 | ProgramServicesAmt |
| Management And General | $43,749 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,393 | TotalAmt |
| Program Services | $144,579 | ProgramServicesAmt |
| Management And General | $28,814 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,261 | TotalAmt |
| Program Services | $11,355 | ProgramServicesAmt |
| Management And General | $5,906 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,264 | TotalAmt |
| Program Services | $23,856 | ProgramServicesAmt |
| Management And General | $12,408 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,750 | TotalAmt |
| Program Services | $3,783 | ProgramServicesAmt |
| Management And General | $1,967 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,746,503 | TotalAmt |
| Program Services | $4,708,834 | ProgramServicesAmt |
| Management And General | $37,669 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $76,681 | TotalAmt |
| Program Services | $20,236 | ProgramServicesAmt |
| Management And General | $56,445 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,283 | TotalAmt |
| Program Services | $16,809 | ProgramServicesAmt |
| Management And General | $85,474 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $80,340 | TotalAmt |
| Program Services | $26,923 | ProgramServicesAmt |
| Management And General | $53,417 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,336,396 | TotalAmt |
| Program Services | $1,336,396 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $70,587 | TotalAmt |
| Program Services | $70,587 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,958 | TotalAmt |
| Program Services | $11,715 | ProgramServicesAmt |
| Management And General | $23,243 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| COMMUNICATIONS | $17,698 | $5,931 | $11,767 |
| DUES | $16,992 | $5,062 | $11,930 |
| BANK CHARGES | $10,168 | $1,548 | $8,620 |
| PAYROLL PROCESSING | $8,995 | $1,370 | $7,625 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $30 | TotalAmt |
| Program Services | $20 | ProgramServicesAmt |
| Management And General | $10 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,538,984 | TotalAmt |
| Program Services | $8,774,665 | ProgramServicesAmt |
| Management And General | $764,319 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $95,250 | BOYAmt |
| EOY | $577,713 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $683,175 | BOYAmt |
| EOY | $640,060 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $28,014 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,021 | BOYAmt |
| EOY | $28,513 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,000 | BOYAmt |
| EOY | $25,000 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $232,509 | BOYAmt |
| EOY | $168,362 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $273,282 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $165,583 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $177,097 | BOYAmt |
| EOY | $107,699 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $37,581 | BOYAmt |
| EOY | $37,581 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $66,063 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,297,633 | BOYAmt |
| EOY | $1,679,005 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $847,999 | BOYAmt |
| EOY | $908,946 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $157,696 | BOYAmt |
| EOY | $565,883 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $254,951 | BOYAmt |
| EOY | $48,439 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,260,646 | BOYAmt |
| EOY | $1,523,268 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,987 | BOYAmt |
| EOY | $155,737 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,987 | BOYAmt |
| EOY | $155,737 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,297,633 | BOYAmt |
| EOY | $1,679,005 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $118,750 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $273,282 | OtherCostOrOtherBasisAmt |
| Depreciation | $165,583 | DepreciationAmt |
| Book Value | $107,699 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $107,699 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | GRANTS REFUNDABLE | Desc |
| Amt | $48,439 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $48,439 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|
| EVAN SANCHEZ | |||
| TREASURER | $180,353 | $54,106 | $234,459 |
| CAREN FITZPATRICK | |||
| VP SALES | $136,477 | $27,295 | $163,772 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION. |
| FORM 990, PAGE 2, PART III, LINE 4A | VISIT ATLANTIC CITY IS THE DESTINATION MARKETING ORGANIZATION RESPONSIBLE FOR BUSINESS DEVELOPMENT IN THE MEETING, TRADESHOW, CONVENTION, AND EVENT SEGMENTS AS WELL AS DOMESTIC AND INTERNATIONAL GROUP LEISURE TRAVEL FOR THE ATLANTIC CITY CONVENTION CENTER, AND THE ATLANTIC CITY HOTEL AND CASINO PROPERTIES. THIS BUSINESS SEGMENT GENERATED 300 MILLION IN ECONOMIC IMPACT THROUGH THE UTILIZATION OF OVER 200,000 ROOM NIGHTS ALONG WITH 500,000 VISITORS THAT ATTENDED THESE EVENTS IN 2023. VISIT ATLANTIC CITY RETAINS A 55% MARKET SHARE IN THIS SEGMENT WHILE BEING THE PRIMARY DRIVER OF THE MARKETING PROGRAMS, BRANDING, MESSAGING AND CONTENT. THESE PROGRAMS INCLUDE BUT ARE NOT LIMITED TO ALL PRINT AND DIGITAL ADVERTISING, SOCIAL MEDIA POSITION AND GROWTH AS WELL AS PUBLIC RELATION EFFORTS THAT SUPPORT ALL TOURISM IN AND AROUND THE ATLANTIC CITY MARKET. ADDITIONALLY, OUR COMPREHENSIVE MARKETING CALENDAR IS AVAILABLE TO ALL BUSINESSES IN ATLANTIC CITY TO PARTICIPATE IN AND INCLUDE, INDUSTRY TRADESHOWS, FAMILIARIZATION TRIPS, DESTINATION EDUCATION CONTENT AND ALL BUSINESS DEVELOPMENT PROGRAMS. BELOW ARE THE TOP HIGHEST GROSSING EVENTS GENERATED BY VISIT ATLANTIC CITY AND HELD AT THE ATLANTIC CITY CONVENTION CENTER IN 2023. EVENT ROOM NIGHTS ATTENDEES ECONOMIC IMPACT NJ LOM 8,280 15,650 12,707,633 NJ SB 8,375 7,000 5,352,195 POOL AND SPA 7,885 11,900 10,533,816 BOAT SHOW 877 34,589 10,222,874 AC JAM FEST 5,842 7,000 7,155,363 TRIPLE PLAY 3,371 6,079 6,293,374 FUTSOL 5,466 6,394 6,173,585 TRI-STATE CAMP 1,983 3,659 2,450,985 LAWN AND GARDEN 2,193 1,650 4,549,718 SPIRIT CHEER 3,021 11,000 4,163,498 IMPRESSIONS EXPO 1,080 5,210 3,567,586 EASTERN ENERGY 2,469 2,740 2,599,790 BAKERY EXPO 901 4,350 2,643,505 POLICE SECU.EXPO 1,804 6,304 2,940,661 |
| FORM 990, PAGE 6, PART VI, LINE 7A | TRUSTEES ELECT AND NOMINATE CANDIDATES TO MEET CERTAIN REQUIREMENTS. THE BOARD SHALL CONSIST OF AT LEAST FIVE AND NO MORE THAN THIRTEEN MEMBERS AND AT ALL TIMES COMPRISED OF: (1) ONE TRUSTEE WHO SHALL BE THE EXECUTIVE DIRECTOR OF THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY, (2)TWO TRUSTEES ACTIVELY EMPLOYED BY THE CASINO INDUSTRY; (3) ONE TRUSTEE ACTIVELY EMPLOYED BY A NON-CASINO HOTEL INDUSTRY IN ATLANTIC CITY AND (4) ONE TRUSTEE WHO SHALL BE A MEMBER OF THE ATLANTIC CITY TOURISM DISTRICT BUSINESS COMMUNITY (OTHER THAN A MEMBER OF THE CASINO OR NON-CASINO HOTEL INDUSTRY). |
| FORM 990, PAGE 6, PART VI, LINE 7B | ACTIONS REQUIRING 80% APPROVAL OF THE BOARD OF TRUSTEES WILL BE (1) MERGER, DISSOLUTION OR LIQUIDATION OF THE CORP, (2) ANY AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS, (3) THE SALE, PLEDGE, LEASE, OR OTHER TRANSFER OF THE ASSETS OF THE CORPORATION OTHER THAN TRANSACTIONS OCCURRING IN THE ORDINARY COURSE OF BUSINESS, (4) THE ADOPTION OF THE CORPORATION'S ANNUAL BUDGET, MARKETING PLAN AND ANNUAL GOALS, (5) ANY LOANS TO BE INCURRED ON BEHALF OF THE CORPORATION AS PART OF THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY'S APPROVED BUDGET. |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY THE BOARD OF TRUSTEES WITH INQUIRIES THE THE ORGANIZATION'S ACCOUNTANT AS NECESSARY |
| FORM 990, PAGE 6, PART VI, LINE 15A | ALL COMPENSATION DECISIONS ARE APPROVED BY THE BOARD AS WELL AS ANY INCENTIVE BONUSES |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON WRITTEN REQUEST |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Business Name Line2DisregardedEntityName/BusinessNameLine2Txt | Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | EINEIN | Exempt Code SectionExemptCodeSectionTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CASINO REINVESTMENT DEVELOPMENT AUT | ||||||||||||
| CASINO REINVESTMENT DEVELOPMENT AUT | 15 S PENNSYLVANIA AVE | 15 S PENNSYLVANIA AVE | ATLANTIC CITY | NJ | 08401 | RENT\CONTR | NJ | 6 | N/A | false | ||
| ATLANTIC CITY SPORTS COMMISSION | ||||||||||||
| ATLANTIC CITY SPORTS COMMISSION | 1 CONVENTION BLVD | 1 CONVENTION BLVD | ATLANTIC CITY | NJ | 08401 | DUE TO | NJ | 7 | N/A | false | 472650887 | 501C3 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Business Name Line2OtherOrganizationName/BusinessNameLine2Txt | Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|---|
| CASINO REINVESTMENT DEVELOPMENT AUT | |||
| CASINO REINVESTMENT DEVELOPMENT AUTHORITY | S | $8,091,813 | LUXURY TAX FUNDS |
| CASINO REINVESTMENT DEVELOPMENT AUT | |||
| CASINO REINVESTMENT DEVELOPMENT AUTHORITY | K | $60,000 | RENT CONTRACT |
| ATLANTIC CITY SPORTS COMMISSION | |||
| ATLANTIC CITY SPORTS COMMISSION | E | $66,063 | COST |
| ATLANTIC CITY SPORTS COMMISSION | |||
| ATLANTIC CITY SPORTS COMMISSION | P | $1,336,396 | COST |
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