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HIGHLANDS BUSINESS PARTNERSHIP INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HIGHLANDS BUSINESS PARTNERSHIP INC (EIN 22-3665400)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-07-02
IRS object ID
201921839349301007
Schema version
2018v3.1
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)
Return2019-07-02T09:53:49-05:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

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 Begin2018-01-01TaxPeriodBeginDt

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
Signature2019-07-02SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonEDMOND BRADYPreparerPersonNm
PTINP00100199PTIN
Phone9735352880PhoneNum
Preparation2019-06-25PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address100.8.16.171IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-07-02IPDt
IP Tm09:53:46IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id6C9B1A35775087DBDB8A6D25ECA509C7F6C27838AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJAY COSGROVE - PRESIDENTPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 BAY AVEAddressLine1Txt
CityHIGHLANDSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07732ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$214,572GrossReceiptsAmt
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 EXISTS TO UNDERTAKE, DIRECT, MANAGE, FACILITATE AND/OR OVERSEE RECREATIONAL, EDUCATIONAL AND CULTURAL ACTIVITIES, EVENTS AND PROGRAMS INTENDED TO PROMOTE THE PUBLIC WELFARE; THE CIVIC, EDUCATIONAL, HISTORIC, CULTURAL AND ECONOMIC, WELL-BEING AND VITALITY OF COMMUNITY LIFE WITHIN THE BOROUGH OF HIGHLANDS, NEW JERSEY AS WELL AS PROMOTE TOURISM AND GENERATE COMMERCE FOR THE COMMERCIAL BUSINESSES THAT ARE MEMBERS OF HBP.ActivityOrMissionDesc
Voting Members Governing Body15VotingMembersGoverningBodyCnt
Voting Members Independent15VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$84,850PYContributionsGrantsAmt
CY Contributions Grants$106,750CYContributionsGrantsAmt
PY Program Service Revenue$113,973PYProgramServiceRevenueAmt
CY Program Service Revenue$107,822CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$9,745PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$208,568PYTotalRevenueAmt
CY Total Revenue$214,572CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$5,000CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$26,998CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$205,277PYOtherExpensesAmt
CY Other Expenses$196,846CYOtherExpensesAmt
PY Total Expenses$205,277PYTotalExpensesAmt
CY Total Expenses$228,844CYTotalExpensesAmt
PY Revenues Less Expenses$3,291PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$14,272CYRevenuesLessExpensesAmt
Total Assets BOY$15,493TotalAssetsBOYAmt
Total Assets EOY$20,671TotalAssetsEOYAmt
Total Liabilities BOY$5,250TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,700TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,243NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY-$4,029NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHE ORGANIZATION ("HBP") SERVES AS THE MANAGEMENT CORPORATION FOR THE HIGHLANDS BUSINESS IMPROVEMENT DISTRICT. HBP WAS ESTABLISHED IN 1999 FOR THE PURPOSE OF SERVING AS THE MANAGEMENT AND FINANCING TOOL USED BY LOCAL COMMERCIAL STAKEHOLDERS AND BUSINESSES TO PROVIDE SPECIALIZED SERVICES SUCH AS PHYSICAL IMPROVEMENTS, PROGRAM EVENTS, HOLIDAY LIGHTING, AREA MARKETING AND BUSINESS PROMOTION.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$186,060ExpenseAmt
Grant$5,000GrantAmt
Revenue$107,822RevenueAmt
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$186,060TotalProgramServiceExpensesAmt
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
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
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 With Officer Ent0BusinessRlnWithOfficerEntInd
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 Document13IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
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 Members15GoverningBodyVotingMembersCnt
Independent Voting Member15IndependentVotingMemberCnt
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 BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
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

FieldValueIRS element (for citing)
PersonJAY COSGROVEPersonNm
Phone7322914713PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1140 BAY AVENUEAddressLine1Txt
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
PRESIDENT25.00Yes (X)Yes (X)$0$0$0
RAFAELLA LEE
TREASURER15.00Yes (X)Yes (X)$0$0$0
KIM SLATE
SECRETARY1.00Yes (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
STACI GILCHRIST
MEMBER1.00Yes (X)$0$0$0
DOUG LENTZ
MEMBER1.00Yes (X)$0$0$0
GARRETT NEWCOMB
MEMBER1.00Yes (X)$0$0$0
ANDREW STOCKTON
MEMBER1.00Yes (X)$0$0$0
CAROLYN BROULLON
MEMBER1.00Yes (X)$0$0$0
SUSAN KINSELLA
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$89,250GovernmentGrantsAmt
All Other Contributions$17,500AllOtherContributionsAmt
Total Contributions$106,750TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescENTRANCE & VENDOR FEEDesc
Business900099BusinessCd
Total Revenue Column$107,822TotalRevenueColumnAmt
Related Or Exempt Func Income$107,822RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$107,822TotalProgramServiceRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$214,572TotalRevenueColumnAmt
Related Or Exempt Func Income$107,822RelatedOrExemptFuncIncomeAmt
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$5,000TotalAmt
Program Services$5,000ProgramServicesAmt

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$2,664TotalAmt
Program Services$1,066ProgramServicesAmt
Management And General$1,598ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,628TotalAmt
Management And General$11,628ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$31,160TotalAmt
Program Services$23,370ProgramServicesAmt
Management And General$7,790ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$36,557TotalAmt
Program Services$36,557ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$4,983TotalAmt
Program Services$3,258ProgramServicesAmt
Management And General$1,725ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$2,315TotalAmt
Management And General$2,315ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

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

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,930TotalAmt
Management And General$1,930ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
SPONSORED EVENTS$92,567$92,567
VISUAL IMPROVEMENTS$8,398$8,398
DONATIONS$6,110$6,110

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$228,844TotalAmt
Program Services$186,060ProgramServicesAmt
Management And General$42,784ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,414BOYAmt
EOY$4,157EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$24,092LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$7,578LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,079BOYAmt
EOY$16,514EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$15,493BOYAmt
EOY$20,671EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$5,250BOYAmt
EOY$12,075EOYAmt

Other Liabilities OtherLiabilitiesGrp

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

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$5,250BOYAmt
EOY$24,700EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$9,084BOYAmt
EOY-$4,029EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,159BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,243BOYAmt
EOY-$4,029EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$15,493BOYAmt
EOY$20,671EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$14,272ReconcilationRevenueExpnssAmt
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$72,133CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$36,762CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$43,450CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$14,850CurrentTaxYearMinus1YearAmt
Current Tax Year$36,700CurrentTaxYearAmt
Total$203,895TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$50,555CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$60,000CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$60,000CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$70,000CurrentTaxYearMinus1YearAmt
Current Tax Year$70,000CurrentTaxYearAmt
Total$310,555TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$122,688CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$96,762CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$103,450CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$84,850CurrentTaxYearMinus1YearAmt
Current Tax Year$106,700CurrentTaxYearAmt
Total$514,450TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$514,450PublicSupportTotal170Amt
Total Support$514,450TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
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$24,092OtherCostOrOtherBasisAmt
Depreciation$7,578DepreciationAmt
Book Value$16,514BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$16,514TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
GRANT RECEIVED IN ADVANCE$8,125
SPONSORSHIP RECEIVED IN ADVANCE$4,500
FieldValueIRS element (for citing)
Total Liability$12,625TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$234,822TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts$20,250DonatedServicesAndUseFcltsAmt
Revenue Not Reported$20,250RevenueNotReportedAmt
Revenue Subtotal$214,572RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$214,572TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$249,094TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$20,250DonatedServicesUseFcltsAmt
Expenses Not Reported$20,250ExpensesNotReportedAmt
Expenses Subtotal$228,844ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$228,844TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationHBP RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT HBP HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. HBP IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO DECEMBER 31, 2015.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 APPROXIMATELY $19,500 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. HPB PAID $3,264 TO BAHRS AND $4,918 TO IN THE GARDEN.
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 BOARD MEMBERS ARE PROVIDED AN ELECTRONIC VERSION OF THE 990 BY THE INDEPENDENT ACCOUNTANTS. ALL QUESTIONS ARE DISCUSSED AND RESOLVED BETWEEN THE ACCOUNTANTS AND THE BOARD. THE 990 IS THEN APPROVED BY THE BOARD FOR FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEVERY BOARD MEMBER IS RESPONSIBLE FOR DISCLOSING AFFILIATIONS AND SITUATIONS THAT MIGHT CONSTITUTE OR LEAD TO A CONFLICT OF INTEREST OR MIGHT BE PERCEIVED BY A REASONABLE PERSON IN THE COMMUNITY OR BY A FOUNDER AS CONSTITUTING A CONFLICT OF INTEREST. IT IS THE AFFIRMATIVE RESPONSIBILITY OF THE BOARD MEMBER TO PROACTIVELY DISCLOSE ANY SITUATIONS THAT MAY PRESENT A REAL OR PERCEIVED CONFLICT OF INTEREST. IF THERE IS ANY QUESTION REGARDING WHAT CONSTITUTES A CONFLICT OF INTEREST THE BOARD CHAIRPERSON SHALL BE CONTACTED FOR CLARIFICATION. IF THE BOARD CHAIRPERSON IS UNCERTAIN HOW TO ADDRESS THE ISSUE, IT SHALL BE BROUGHT TO THE EXECUTIVE COMMITTEE FOR DISCUSSION AND ACTION. THE PERSON HAVING THE CONFLICT OF INTEREST SHALL WITHDRAW FROM THE MEETING SO LONG AS THE MATTER SHALL CONTINUE UNDER DISCUSSION, AND TO REFRAIN FROM VOTING ON THE MATTER.
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. 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 23,370. MANAGEMENT AND GENERAL EXPENSES 7,790. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,160.

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