2022-05-09T08:49:00-05:00 2021-06-30 366055558 GRANT THORNTON LLP 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2020-07-01 471042118 NEW JERSEY INNOVATION INSTITUTE INC NEWJ 9735965800 323 MARTIN LUTHER KING JR BLVD NEWARK NJ 07102 SIMON NYNENS CEO 9735965800 2022-05-09 1 SIMON NYNENS 999009999 SCOTT THOMPSETT P00741490 2125990100 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z SIMON NYNENS 323 MARTIN LUTHER KING JR BLVD NEWARK NJ 07102 28426314 0 X WWW.NJII.COM X 2014 NJ WE ARE AN INNOVATIVE RESEARCH ORG. DEDICATED TO REVITALIZING ECONOMIC DEVELOPMENT WITHIN NJ. 17 14 154 14 0 0 18654722 21741711 881887 5378415 11617 90 0 1306098 19548226 28426314 0 0 0 0 9965115 10674879 0 0 0 10697869 19050910 20662984 29725789 -1114758 -1299475 10552700 15517542 10476934 16741251 75766 -1223709 X SEE SCHEDULE O 0 0 24369441 0 5378415 SEE SCHEDULE OBIOPHARMANJII HELPS PHARMACEUTICAL COMPANIES DEVELOP AND APPLY INNOVATIVE, COST-SAVING MANUFACTURING TECHNOLOGIES AND WORKS WITH BIOTECHNOLOGY FIRMS TO SCALE INNOVATION FROM LAB TO COMMERCIAL PRODUCTION. THE BIOPHARMA DIVISION AT NJII WAS ESTABLISHED TO HELP THE INDUSTRY OVERCOME CHALLENGES THEY FACE AS THEY DEVELOP THE NEXT WAVE OF CELL AND GENE THERAPIES, WORKING OUT OF A STATE-OF-THE-ART CELL AND GENE THERAPY DEVELOPMENT CENTER FOR FLEXIBLE PROCESS DEVELOPMENT AND CLINICAL MANUFACTURING. NJII'S MISSION IS TO SUPPORT INDUSTRY-WIDE ADVANCEMENT, SO NJII ALSO FOCUSES ON WORKFORCE DEVELOPMENT AND THE INCUBATION OF PROMISING START-UPS.DATA & TECHNOLOGYTHE MISSION OF THE DATA & TECHNOLOGY DIVISION IS TO ESTABLISH AN ECOSYSTEM OF TECHNOLOGY HUBS THAT CONNECT CLIENTS, INDUSTRY, AND TECHNOLOGY PROVIDERS AND SUPPLY THEM WITH A LOCATION, R&D AND IP, MAN-POWER, FUNDING AND GOVERNMENT RELATIONS SUPPORT. THE HUBS INCLUDE EDTECH, FINTECH, CYBER SECURITY, HARDWARE AND DATA SCIENCE.DEFENSETHE DEFENSE DIVISION CREATES INTEGRATED PRODUCT TEAMS THAT INCLUDE ACADEMICS, INDUSTRY AND THE GOVERNMENT. THESE TEAMS DEVELOP SOLUTIONS FOR THE DEPARTMENT OF DEFENSE THAT ARE PUT INTO IMMEDIATE USE. THE ROLE OF NJII IS PROGRAM AND PROJECT MANAGEMENT AND THEY USE A METHODOLOGY OR APPROACH CALLED AGILE INNOVATION MANAGEMENT TO DRIVE SUCCESS.ENTREPRENEURSHIPTHE TEAM INSIDE THE ENTREPRENEURSHIP DIVISION RUNS AN INCUBATOR CALLED "VENTURELINK" WHICH IS ALSO THE NAME OF A BUILDING THAT IS LOCATED ON THE NJIT CAMPUS AND OFFERS FLEXIBLE PRIVATE AND CO-WORKING OFFICE SPACE. THE DIVISION IS ALSO TASKED WITH COMMERCIALIZING IP THAT COMES FROM NJIT AND GROWING NJII ENTREPRENEURSHIP PROGRAMS AND SERVICES ACROSS NEW JERSEY.HEALTHCAREOUR HEALTHCARE DIVISION OPERATES AND MANAGES THE NEW JERSEY HEALTH INFORMATION NETWORK (NJHIN) ON BEHALF OF THE NEW JERSEY DEPARTMENT OF HEALTH. THEY ARE ALSO A CERTIFIED REGISTRY FOR CMS'S MERIT-BASED INCENTIVE PAYMENT SYSTEM WHICH IS A QUALITY IMPROVEMENT PROGRAM FOR MEDICARE PROVIDERS THAT MEET A CERTAIN THRESHOLD OF MEDICARE BILLING ANNUALLY. AND THE DIVISION IS ONE OF 59 ORGANIZATIONS IN THE NETWORK OF QUALITY IMPROVEMENT AND INNOVATION CONTRACTORS. THESE ORGANIZATIONS ARE ELIGIBLE TO BID ON TASK ORDERS FROM THE FEDERAL GOVERNMENT TOTALING $25B OVER THE NEXT FIVE YEARS.HUMAN CAPITALTHE HUMAN CAPITAL DIVISION AT NJII IS FOCUSED ON HELPING EMPLOYERS MAKE THE MOST OF THEIR MOST VALUABLE ASSET; THEIR PEOPLE. WE BELIEVE STRONGLY IN PROTECTING THE VALUE OF THE INVESTMENTS MADE IN THE WORKFORCE AND ARE DEDICATED TO PROVIDING PROGRAMMING AND SUPPORT THAT MEETS THE NEEDS OF INDUSTRIES AND THE BUSINESSES WITHIN THEM. WE ALSO OFFER PRE-APPRENTICESHIP PROGRAMS, PROFESSIONAL DEVELOPMENT AND EXECUTIVE EDUCATION, AND CONTINUING EDUCATION PROGRAMS THAT PROVIDE OPPORTUNITIES FOR INDIVIDUALS TO SHARPEN THEIR SKILLS AND KEEP UP WITH THE LATEST ADVANCES. LASTLY, THE DIVISION OFFERS INNOVATION AND DESIGN THINKING SERVICES AND CONSULTING. 24369441 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 165 0 1 154 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 14 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X KEVIN SCULL 9735968449 323 MARTIN LUTHER KING JR BLVD NEWARK NJ 07012 DR JOEL BLOOM CHAIRMAN 1.00 34.00 X X 0 898660 43518 FADI DEEK DIRECTOR 1.00 34.00 X 0 579073 21103 EDWARD BISHOF DIRECTOR 1.00 34.00 X 0 353159 71449 HOLLY STERN SECRETARY (NON VOTING) 1.00 34.00 X X 0 327993 34082 DR KENNETH BLANK DIRECTOR 1.00 0.00 X 0 0 0 ANEESH CHOPRA DIRECTOR 1.00 0.00 X 0 0 0 ROBERT COHEN DIRECTOR 1.00 0.00 X 0 0 0 VINCENT DECAPRIO DIRECTOR 1.00 0.00 X 0 0 0 NICHOLAS DENICHILO DIRECTOR 1.00 0.00 X 0 0 0 EMILY DEROCCO DIRECTOR (THRU 01/21) 1.00 0.00 X 0 0 0 THERESA EDELSTEIN DIRECTOR (AS OF 05/21) 1.00 0.00 X 0 0 0 CRAIG GOTSMAN DIRECTOR 1.00 0.00 X 0 0 0 DEBBIE HART DIRECTOR 1.00 0.00 X 0 0 0 JOSE LOZANO DIRECTOR 1.00 0.00 X 0 0 0 PRABHAS MOGHE DIRECTOR 1.00 0.00 X 0 0 0 DEAN PARANICAS DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER ROWLAND DIRECTOR 1.00 0.00 X 0 0 0 MICHELE SIEKERKA DIRECTOR 1.00 0.00 X 0 0 0 TOM WISNIEWSKI DIRECTOR 1.00 0.00 X 0 0 0 SIMON NYNENS CEO 17.50 17.50 X 0 319079 56139 HARTOUN HAROUNIAN SVP BIOPHARMA DIVISION 35.00 0.00 X 294744 0 34816 SUSAN FLYNN-HOLLANDER GEN COUNSEL/CHIEF COMPLIANCE OFFICER 35.00 0.00 X 224520 0 40628 JENNIFER D'ANGELO SVP HEALTHCARE DIVISION 35.00 0.00 X 182996 0 30811 TOMAS GREGORIO EXEC DIRECTOR HEALTHCARE SYSTEMS 35.00 0.00 X 185262 0 17033 JERRY VILBRUN CHIEF INFORMATION OFFICER 35.00 0.00 X 167558 0 27987 DONALD SEBASTIAN FORMER PRESIDENT & CEO 17.50 17.50 X 0 359781 58641 1055080 2837745 436207 25 1 1 0 GILBANE BUILDING COMPANY 3150 BRUNSWICK PIKESUITE 300 LAWRENCEVILLE NJ 08648 CONSTRUCTION SERVICES 1870674 VELATURA LLC 120 W SAGINAW HWY EAST LANSING MI 488232605 HEALTHCARE CONSULTING 979956 GEOMETER LLC 548 MARKET ST PMB 24284 SAN FRANCISCO CA 94104 HEALTHCARE CONSULTING 500000 SUJA ASSOCIATES INC 303 DARTMOUTH WAY FREEHOLD NJ 077285373 HEALTHCARE CONSULTING 398303 BARNABAS HEALTH 94 OLD SHORT HILLS RD WEST ORANGE NJ 07052 HEALTHCARE CONSULTING 343000 17 20539054 1202657 21741711 TUITION REVENUE 541900 3567165 3567165 COVID TESTING 541900 769853 769853 PROF. DEVELOPMENT 541900 475544 475544 BIOPHARMA TRAINING 541900 451278 451278 OTHER ACTIVITIES 541900 114575 114575 5378415 90 90 1306098 0 1306098 1306098 1306098 28426314 5378415 0 1306188 X 187609 187609 8331049 5766454 2564595 590329 397551 192778 1565892 1054533 511359 145803 10480 135323 44202 44202 9969243 9763035 206208 40776 40776 981871 889178 92693 1938391 1906738 31653 26153 15622 10531 296177 296177 427560 427560 111468 21630 89838 EDUCATIONAL COURSE FEES 2999059 2999059 SHARED SERVICES 961472 314921 646551 EQUIPMENT AND SUPPLIES 545487 435184 110303 SUBSCRIPTIONS 451338 374888 76450 111910 83215 28695 29725789 24369441 5356348 0 10325 883874 0 588416 312739 608245 52666 110686 8100601 668035 6594480 7432566 3582490 5893755 10552700 15517542 3228024 5088491 267583 5673445 6981327 5979315 10476934 16741251 X 73625 -1196504 2141 -27205 75766 -1223709 10552700 15517542 -1299475 0 X 0 1 X 1 0 X 16764213 22416491 25094908 18654722 21741711 104672045 16764213 22416491 25094908 18654722 21741711 104672045 104672045 13338 22050 11617 1306188 1353193 106025238 11202119 0.98720 0.99950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4720545 147369 4573176 3177882 485055 2692827 202174 35611 166563 7432566 DUE FROM HIGHLANDER FACTORY 1532344 DUE FROM NJIT 4361411 5893755 DUE TO NJIT 5979315 5979315 X PART X, LINE 2: FIN 48 NJII FOLLOWS GUIDANCE THAT CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, INCLUDING ISSUES RELATING TO FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT. THIS GUIDANCE PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN ONLY BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE POSITION IS "MORE-LIKELY-THAN-NOT" TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. THE ASSESSMENT OF THE TAX POSITION IS BASED SOLELY ON THE TECHNICAL MERITS OF THE POSITION, WITHOUT REGARD TO THE LIKELIHOOD THAT THE TAX POSITION MAY BE CHALLENGED. NJII IS AN ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXATION UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE; ALTHOUGH, NJII IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. NJII HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. NJII HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IN ADDITION, NJII HAS DETERMINED THAT IT HAS NOT GENERATED MATERIAL UNRELATED BUSINESS INCOME AND, THEREFORE, NO INCOME TAX PROVISION IS REQUIRED. 1 0 0 0 0 0 0 0 0 DR JOEL BLOOM CHAIRMAN 0 589512 0 156920 0 152228 0 14000 0 29518 0 942178 0 0 FADI DEEK DIRECTOR 0 489276 0 73793 0 16004 0 14000 0 7103 0 600176 0 0 EDWARD BISHOF DIRECTOR 0 337900 0 0 0 15259 0 41330 0 30119 0 424608 0 0 DONALD SEBASTIAN FORMER PRESIDENT & CEO 0 334926 0 0 0 24855 0 14000 0 44641 0 418422 0 0 SIMON NYNENS CEO 0 317147 0 0 0 1932 0 14000 0 42139 0 375218 0 0 HOLLY STERN SECRETARY (NON VOTING) 0 319272 0 0 0 8721 0 14000 0 20082 0 362075 0 0 HARTOUN HAROUNIAN SVP BIOPHARMA DIVISION 293404 0 0 0 1340 0 22342 0 12474 0 329560 0 0 0 SUSAN FLYNN-HOLLANDER GEN COUNSEL/CHIEF COMPLIANCE OFFICER 222703 0 0 0 1817 0 18523 0 22105 0 265148 0 0 0 JENNIFER D'ANGELO SVP HEALTHCARE DIVISION 182781 0 0 0 215 0 13385 0 17426 0 213807 0 0 0 TOMAS GREGORIO EXEC DIRECTOR HEALTHCARE SYSTEMS 112670 0 0 0 72592 0 7062 0 9971 0 202295 0 0 0 JERRY VILBRUN CHIEF INFORMATION OFFICER 167355 0 0 0 203 0 13799 0 14188 0 195545 0 0 0 PART I, LINE 4A EXECUTIVE DIRECTOR OF HEALTHCARE SYSTEMS, TOMAS GREGORIO, RECEIVED A SEVERANCE PAYMENT IN THE AMOUNT OF $72,222 IN CALENDAR YEAR 2020; THIS PAYMENT IS REFLECTED IN SCHEDULE J, PART II, COLUMN B(III). FORM 990, PART III, LINE 1 THE NEW JERSEY INNOVATION INSTITUTE (NJII), AN NJIT CORPORATION, WAS FOUNDED IN 2014 AND HELPS TURN IDEAS INTO WORKABLE SOLUTIONS ACROSS SIX DIVISIONS; BIOPHARMA, DATA AND ADVANCED TECHNOLOGY, DEFENSE AND HOMELAND SECURITY, ENTREPRENEURSHIP, HEALTHCARE DELIVERY AND HUMAN CAPITAL. NJII COMBINES THE VAST RESOURCES OF NJIT, STRONG AND FAR-REACHING INDUSTRY AND GOVERNMENT RELATIONSHIPS, AND PROVEN METHODS FOR BUILDING INDUSTRY CENTRIC ECOSYSTEMS TO HELP DRIVE INNOVATION AND DELIVER SOLUTIONS THAT MAKE A DIRECT IMPACT ON THE ECONOMY AND THE HEALTH AND WELFARE OF ITS PARTICIPANTS. GENERAL STATEMENT: IMPACT OF COVID-19 IN MARCH 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A NOVEL CORONAVIRUS (COVID-19) AS A PANDEMIC, WHICH CONTINUES TO SPREAD THROUGHOUT THE UNITED STATES. WHILE THE DISRUPTION IS CURRENTLY EXPECTED TO BE TEMPORARY, THERE IS UNCERTAINTY AROUND THE DURATION. NJII RECEIVED A PPP LOAN IN MAY 2020 TO OFFSET SOME OF THE POTENTIAL NEGATIVE IMPACTS OF COVID-19 ON ITS BUSINESS. THE CONSTRUCTION AND OPENING OF NJII'S CELL AND GENE THERAPY CENTER WAS DELAYED DUE TO THE IMPACT OF COVID-19 WHICH NEGATIVELY IMPACTED CURRENT YEAR RESULTS. WHILE NJII EXPECTS THIS MATTER TO NEGATIVELY IMPACT ITS FINANCIAL POSITION FOR 2022, THE RELATED FINANCIAL IMPACT CANNOT BE REASONABLY ESTIMATED AT THIS TIME. PPP LOAN: ON APRIL 29, 2020, NJII RECEIVED LOAN PROCEEDS OF $2,464,000 UNDER THE PAYCHECK PROTECTION PROGRAM (PPP) FROM MID PENN BANK. THE PPP, ESTABLISHED AS PART OF THE CORONAVIRUS AID, RELIEF AND ECONOMIC SECURITY ACT (CARES ACT), PROVIDES FOR LOANS TO QUALIFYING BUSINESSES FOR AMOUNTS UP TO 2.5 TIMES THE AVERAGE MONTHLY PAYROLL EXPENSES OF THE QUALIFYING BUSINESS. IN JUNE 2021, NJII WAS NOTIFIED BY THE SMALL BUSINESS ADMINISTRATION THAT IT MET ALL THE CONDITIONS FOR LEGAL RELEASE AND THE NJII PPP LOAN IN THE AMOUNT OF $2,464,000 WAS FORGIVEN. THE INSTITUTE'S PPP GRANT IS REPORTED IN PART VIII, LINE 1(E) AS GOVERNMENTAL GRANT REVENUE. FORM 990, PART VI, SECTION A, LINE 6 EXPLANATION OF CLASSES OF MEMBERS OR SHAREHOLDER NEW JERSEY INNOVATION INSTITUTE, INC.'S SOLE CORPORATE MEMBER IS THE NEW JERSEY INSTITUTE OF TECHNOLOGY, A SECTION 115(A)(2) GOVERNMENTAL ENTITY. FORM 990, PART VI, SECTION A, LINE 7A HOW MEMBERS OR SHAREHOLDERS ELECT GOVERNING BODY NEW JERSEY INNOVATION INSTITUTE, INC.'S SOLE CORPORATE MEMBER, NEW JERSEY INSTITUTE OF TECHNOLOGY, HAS THE FOLLOWING POWERS RESERVED TO IT WITHIN NJII'S BYLAWS: (1) TO DETERMINE THE SIZE OF NJII'S BOARD OF DIRECTORS; AND (2) TO APPOINT AND REMOVE NJII'S DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B DECISIONS OF GOVERNING BODY APPROVAL BY MEMBERS OR SHAREHOLDERS NEW JERSEY INNOVATION INSTITUTE, INC.'S (NJII) SOLE CORPORATE MEMBER, NEW JERSEY INSTITUTE OF TECHNOLOGY, HAS THE FOLLOWING POWERS RESERVED TO IT WITHIN NJII'S BYLAWS:(1) TO AUTHORIZE THE AMENDMENT AND RESTATEMENT OF NJII'S BYLAWS AND ARTICLES OF INCORPORATION; (2) TO AUTHORIZE THE MERGER, CONSOLIDATION OR OTHER REORGANIZATION OF NJII; (3) TO AUTHORIZE THE LIQUIDATION OR DISSOLUTION OF NJII; AND (4) TO AUTHORIZE THE INITIATION OF INSOLVENCY OR BANKRUPTCY PROCEEDINGS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE ORGANIZATION'S FORM 990 IS PREPARED BY A NATIONALLY RECOGNIZED ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S SENIOR MANAGEMENT AND FINANCIAL TEAM. UPON COMPLETION, THE ORGANIZATION'S EXTERNAL ACCOUNTING FIRM PRESENTS THE FORM 990 TO THE FINANCE AND AUDIT COMMITTEE OF THE BOARD OF DIRECTORS TO ENABLE THEM TO FULFILL THEIR DUE DILIGENCE AND OVERSIGHT RESPONSIBILITIES. A COPY OF THE FINAL FORM 990 IS SHARED WITH THE FULL BOARD OF DIRECTORS PRIOR TO ITS ELECTRONIC FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT EACH OFFICER, DIRECTOR, AND KEY EMPLOYEE IS REQUIRED TO ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST THAT ARISE BY VIRTUE OF THEIR RELATIONSHIP TO THE ORGANIZATION, BOARD SERVICE, OR POSITION WITHIN THE ORGANIZATION. THE ORGANIZATION MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY THROUGH AN ANNUAL QUESTIONNAIRE/DISCLOSURE STATEMENT THAT IS DISTRIBUTED TO THESE INDIVIDUALS. POTENTIAL CONFLICTS ARE INVESTIGATED IMMEDIATELY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION REVIEW & APPROVAL PROCESS COMPENSATION OF THE PRESIDENT AND CEO, TOP MANAGEMENT AND OTHER OFFICERS OF NEW JERSEY INNOVATION INSTITUTE, INC. IS ESTABLISHED BY NEW JERSEY INSTITUTE OF TECHNOLOGY, THE EMPLOYER OF RECORD. COMPENSATION LEVELS ARE ESTABLISHED WITHIN COMPETITIVE RANGES DETERMINED VIA COMPARISONS WITH SIMILAR ORGANIZATIONS AND LOCAL MARKET CONDITIONS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY OF DOCUMENTS THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE TO THE PUBLIC BY RETAINING A COPY AT ITS PLACE OF BUSINESS IN ADDITION TO POSTING IT ON THE ORGANIZATION'S WEBSITE. THE FORM 990 IS ALSO AVAILABLE ON WWW.GUIDESTAR.ORG. THE ORGANIZATION'S FINANCIAL STATEMENTS, GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT ORDINARILY MADE AVAILABLE TO THE PUBLIC, BUT, IF REQUESTED, WILL BE PROVIDED AT MANAGEMENT'S DISCRETION. FORM 990, PART IX, LINE 11G SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 6,174,909. TOTAL EXPENSES 6,174,909. CONSULTING SERVICES: PROGRAM SERVICE EXPENSES 2,353,240. MANAGEMENT AND GENERAL EXPENSES 144,607. TOTAL EXPENSES 2,497,847. OTHER OUTSIDE SERVICES: PROGRAM SERVICE EXPENSES 1,234,886. MANAGEMENT AND GENERAL EXPENSES 61,601. TOTAL EXPENSES 1,296,487. NEW JERSEY INSTITUTE OF TECHNOLOGY 323 MARTIN LUTHER KING JR BLVD NEWARK NJ 07102 226000910 PUBLIC RESEARCH UNIVERSITY NJ 115 N/A 0 FOUNDATION AT NJ INSTITUTE OF TECH 323 MARTIN LUTHER KING JR BLVD NEWARK NJ 07102 221714037 FUND RAISING ORGANIZATION NJ 501(C)(3) LINE 7 NJIT 0 HIGHLANDER FACTORY INC 211 WARREN STREET 3RD FLOOR NEWARK NJ 07103 320559938 CONSULTING NJ NJII C 1663840 466828 1.00000 1 0 0 1 1 1 0 0 0 0 0 0 1 1 1 1 1 0 0 0 HIGHLANDER FACTORY INC D 1532344 FMV HIGHLANDER FACTORY INC L 169337 FMV