BETA

HIGHLANDS BUSINESS PARTNERSHIP INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HIGHLANDS BUSINESS PARTNERSHIP INC (EIN 22-3665400)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-11-16
IRS object ID
202013219349321606
Schema version
2019v5.1
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

FieldValueIRS element (for citing)
Return2020-11-16T17:27:30-06:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN271728945PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1293 EISENHOWER PKWY SUITE 170AddressLine1Txt
CityLIVINGSTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07039ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223665400EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HIGHLANDS BUSINESS PARTNERSHIP INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHIGHBusinessNameControlTxt
Phone7322914713PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 BAY AVEAddressLine1Txt
CityHIGHLANDSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07732ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJAY COSGROVEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7322914713PhoneNum
Signature2020-11-16SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEDMOND BRADYPreparerPersonNm
PTINP00100199PTIN
Phone9735352880PhoneNum
Preparation2020-11-16PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address100.8.16.171IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-11-16IPDt
IP Tm17:27:26IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id24E2643B7FA069B05B4F18B7F3B1DACEAB07F250AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAY COSGROVEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 BAY AVEAddressLine1Txt
CityHIGHLANDSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07732ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$238,371GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HIGHLANDSNJ.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1999FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionHIGHLANDS BUSINESS PARTNERSHIP IS FUNDED ANNUALLY BY A VOLUNTARY ASSESSMENT OF BUSINESS OWNERS IN HIGHLANDS, EVENTS, SPONSORS AND TAX DEDUCTIBLE DONATIONS. HIGHLANDS BUSINESS PARTNERSHIP, A NONPROFIT CORPORATION AND COMMERCIAL ALLIANCE, FOUNDED IN 1999, WORKS ON BEHALF OF ALL THOSE WHO LIVE, WORK OR INVEST IN HIGHLANDS TO FOSTER HIGHLANDS' ECONOMIC DEVELOPMENT, ADVOCATE CONTINUED REVITALIZATION, PRESERVE OUR HISTORIC PAST, AND STRENGTHEN THE ECONOMIC, CULTURAL AND COMMERCIAL CONTRIBUTIONS IN HIGHLANDS.ActivityOrMissionDesc
Voting Members Governing Body14VotingMembersGoverningBodyCnt
Voting Members Independent14VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$106,750PYContributionsGrantsAmt
CY Contributions Grants$84,300CYContributionsGrantsAmt
PY Program Service Revenue$107,822PYProgramServiceRevenueAmt
CY Program Service Revenue$154,071CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$214,572PYTotalRevenueAmt
CY Total Revenue$238,371CYTotalRevenueAmt
PY Grants And Similar Paid$5,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$8,310CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$26,998PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$32,084CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$196,846PYOtherExpensesAmt
CY Other Expenses$171,822CYOtherExpensesAmt
PY Total Expenses$228,844PYTotalExpensesAmt
CY Total Expenses$212,216CYTotalExpensesAmt
PY Revenues Less Expenses-$14,272PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,155CYRevenuesLessExpensesAmt
Total Assets BOY$20,671TotalAssetsBOYAmt
Total Assets EOY$22,926TotalAssetsEOYAmt
Total Liabilities BOY$24,700TotalLiabilitiesBOYAmt
Total Liabilities EOY$800TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY-$4,029NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$22,126NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionHIGHLANDS BUSINESS PARTNERSHIP IS FUNDED ANNUALLY BY A VOLUNTARY ASSESSMENT OF BUSINESS OWNERS IN HIGHLANDS, EVENTS, SPONSORS AND TAX DEDUCTIBLE DONATIONS. HIGHLANDS BUSINESS PARTNERSHIP, A NONPROFIT CORPORATION AND COMMERCIAL ALLIANCE, FOUNDED IN 1999, WORKS ON BEHALF OF ALL THOSE WHO LIVE, WORK OR INVEST IN HIGHLANDS TO FOSTER HIGHLANDS' ECONOMIC DEVELOPMENT, ADVOCATE CONTINUED REVITALIZATION, PRESERVE OUR HISTORIC PAST, AND STRENGTHEN THE ECONOMIC, CULTURAL AND COMMERCIAL CONTRIBUTIONS IN HIGHLANDS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$179,195ExpenseAmt
Grant$8,310GrantAmt
Revenue$154,071RevenueAmt
DescTHE PROGRAM SERVICE ACCOMPLISHMENTS GENERATE IN EXCESS OF $100,000 IN REVENUE. DRIVING FOOT-TRAFFIC OF APPROXIMATELY 100,000 PEOPLE TO THE HIGHLANDS BUSINESS DISTRICT ANNUALLY. THE HIGHLAND BUSINESS PARTNERSHIP, INC. MANAGES AND OVERSEE VARIOUS IMPROVEMENTS TO THE DISTRICT INCLUDING SHOP LOCAL, DESTINATION MARKETING, DIGITAL MEDIA MARKETING, SPECIAL EVENTS, DECORATIONS AND LANDSCAPING, FUNDRAISING, CREATION AND DISTRIBUTION THE HIGHLAND'S VISITOR GUIDE AND RACK CARDS AS WELL AS ECONOMIC DEVELOPMENT.Desc
Total Program Service Expenses$179,195TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee1EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members14GoverningBodyVotingMembersCnt
Independent Voting Member14IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JAY COSGROVEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7322914713PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 BAY AVEAddressLine1Txt
CityHIGHLANDSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07732ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JAY COSGROVE
PRESIDENT15.00Yes (X)Yes (X)$0$0$0
DOUG LENTZ
VICE PRESIDENT10.00Yes (X)Yes (X)$0$0$0
RAFAELLA LEE
TREASURER15.00Yes (X)Yes (X)$0$0$0
KIM SLATE
SECRETARY10.00Yes (X)Yes (X)$0$0$0
CARLA CEFALO
VOLUNTEER EXEC. DIR.10.00Yes (X)Yes (X)$0$0$0
NANCY BURTON
MEMBER1.00Yes (X)$0$0$0
LEO CERVANTES
MEMBER1.00Yes (X)$0$0$0
CRAIG BAHRS
MEMBER1.00Yes (X)$0$0$0
JACK BEVINS
MEMBER1.00Yes (X)$0$0$0
NIKKI BERZINSKIS
MEMBER1.00Yes (X)$0$0$0
GARRETT NEWCOMB
MEMBER1.00Yes (X)$0$0$0
GLORIA MILLER
MEMBER1.00Yes (X)$0$0$0
DAVID BAKER
MEMBER1.00Yes (X)$0$0$0
KAT WALSH
MEMBER1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Government Grants$71,000GovernmentGrantsAmt
All Other Contributions$13,300AllOtherContributionsAmt
Total Contributions$84,300TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescENTRANCE & VENDOR FEEDesc
Business900099BusinessCd
Total Revenue Column$154,071TotalRevenueColumnAmt
Related Or Exempt Func Income$154,071RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$154,071TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$238,371TotalRevenueColumnAmt
Related Or Exempt Func Income$154,071RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$8,310TotalAmt
Program Services$8,310ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$24,334TotalAmt
Program Services$9,734ProgramServicesAmt
Management And General$14,600ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,750TotalAmt
Program Services$6,152ProgramServicesAmt
Management And General$1,598ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$3,248TotalAmt
Management And General$3,248ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$33,539TotalAmt
Program Services$29,231ProgramServicesAmt
Management And General$4,308ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$23,497TotalAmt
Program Services$23,497ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$8,970TotalAmt
Program Services$6,206ProgramServicesAmt
Management And General$2,764ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,219TotalAmt
Program Services$3,219ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,349TotalAmt
Management And General$2,349ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,198TotalAmt
Management And General$1,198ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,956TotalAmt
Management And General$2,956ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSPONSORED EVENTSDesc
Total$92,846TotalAmt
Program Services$92,846ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$212,216TotalAmt
Program Services$179,195ProgramServicesAmt
Management And General$33,021ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,157BOYAmt
EOY$2,047EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$4,063EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$25,593LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$8,777LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$16,514BOYAmt
EOY$16,816EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$20,671BOYAmt
EOY$22,926EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$12,075BOYAmt
EOY$800EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$12,625BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$24,700BOYAmt
EOY$800EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY-$4,029BOYAmt
EOY$22,126EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY-$4,029BOYAmt
EOY$22,126EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$20,671BOYAmt
EOY$22,926EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$26,155ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$36,762CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$43,450CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,850CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,700CurrentTaxYearMinus1YearAmt
Current Tax Year$29,550CurrentTaxYearAmt
Total$161,312TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$60,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$70,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,000CurrentTaxYearMinus1YearAmt
Current Tax Year$54,750CurrentTaxYearAmt
Total$314,750TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$96,762CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,450CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$84,850CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$106,700CurrentTaxYearMinus1YearAmt
Current Tax Year$84,300CurrentTaxYearAmt
Total$476,062TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$25,979SubstantialContributorsTotAmt
Public Support Total170$450,083PublicSupportTotal170Amt
Total Support$476,062TotalSupportAmt
Public Support CY1700.94540PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$25,593OtherCostOrOtherBasisAmt
Depreciation$8,777DepreciationAmt
Book Value$16,816BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,816TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$258,121TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$19,750DonatedServicesAndUseFcltsAmt
Revenue Not Reported$19,750RevenueNotReportedAmt
Revenue Subtotal$238,371RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$238,371TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$231,966TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$19,750DonatedServicesUseFcltsAmt
Expenses Not Reported$19,750ExpensesNotReportedAmt
Expenses Subtotal$212,216ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$212,216TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationHBP FOLLOWS THE INCOME TAX STANDARDS FOR UNCERTAIN TAX POSITIONS. THIS STANDARD HAD NO IMPACT ON THE HBP' FINANCIAL STATEMENTS. HBP'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. HBP IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX STATUS OR ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME TAXES.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2HPB PAID SHORE GRAFX A COMPANY OWNED BY THE PRESIDENT AND HER SPOUSE FOR WEBSITE DESIGN, MARKETING AND BROCHURES. DURING THE YEAR ENDED DECEMBER 31, 2018, HBP PAID FOR SERVICES TO VARIOUS COMPANIES OWNED BY OTHER BOARD MEMBERS. HBP OPERATES OUT OF AN OFFICE OWNED BY AN HPB BOARD MEMBER LOCATED IN THE BOROUGH OF HIGHLANDS AND HAS NOT BEEN CHARGED RENT FOR USE OF THE OFFICE SPACE.
FORM 990, PART VI, SECTION A, LINE 6MEMBERSHIP IN THE HIGHLANDS BUSINESS PARTNERSHIP IS OPEN TO ALL REGISTERED COMMERCIAL PROPERTY OWNERS AND REGISTERED BUSINESS OPERATORS IN THE BOROUGH OF HIGHLANDS.
FORM 990, PART VI, SECTION A, LINE 7ATHE MEMBERS OF HBP ELECT THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION RECIEVES A ELECTRONIC COPY OF THE 990. THE PRESIDENT AND TREASURER REVIEW THE 990 BEFORE IT IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL DIRECTORS, PRINCIPAL OFFICERS, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS ARE SUBJECTED TO THE CONFLICT OF INTEREST POLICY AND SHALL REPORT THE POSSIBLE EXISTENCE OF A CONFLICT OF INTEREST FOR HIM/HERSELF, OR ANY OTHER PERSON SUBJECT TO THE POLICY, TO THE BOARD OF DIRECTORS. THE CHAIRPERSON OF THE BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER CONDUCTING DUE DILIGENCE, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED BOARD MEMBERS WHETHER THE TRANSACTION OR ARRANGEMENT IN QUESTION IS IN THE ORGANIZATION'S BEST INTEREST AND FOR ITS OWN BENEFIT AND WHETHER THE TRANSACTION IS FAIR AND REASONABLE TO THE ORGANIZATION AND SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO OR ALLOW THE TRANSACTION OR ARRANGEMENT IN CONFORMITY WITH SUCH DETERMINATION AND POSSIBLE ACTIONS TO BE TAKEN. AS PART OF ITS DUE DILIGENCE EFFORTS, THE BOARD SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN AN EQUALLY ADVANTAGEOUS TRANSACTION OR ARRANGEMENT WITH REASONABLE EFFORTS FROM A PERSON OR ENTITY THAT WOULD GIVE RISE TO A CONFLICT OF INTEREST. IF IT IS DETERMINED THAT THE MEMBER IS AN INTERESTERD PERSON AND HAS FAILED TO DISCLOSE AN ACTUALY OR POSSIBLE CONFLICT OF INTEREST, THE BOARD SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS 990, GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. IT IS POSTED ON GUIDESTAR, THE IRS WEBSITE, AND OTHER SIMILAR WEBSITES. IN ADDITION, INTERESTED PARTIES SHOULD CONTACT THE PRESIDENT AT 140 BAY AVE, HIGHLANDS, NJ 07732.
FORM 990, PART IX, LINE 11GPERSONNEL EXPENSE: PROGRAM SERVICE EXPENSES 28,317. MANAGEMENT AND GENERAL EXPENSES 4,308. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 32,625. PAYROLL FEES: PROGRAM SERVICE EXPENSES 914. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 914.

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