MORRISTOWN PARTNERS INC: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MORRISTOWN PARTNERS INC (EIN 22-3307187)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202503219349321840
- Schema version
- 2024v5.0
- 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 | 2025-11-17T17:54:27-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814412823 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KUDISCH OSTER & COMPANY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 129 GROVE ST | AddressLine1Txt |
| City | MONTCLAIR | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223307187 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORRISTOWN PARTNERS INC | BusinessNameLine1Txt |
| Business Name Line2 | T/A MORRISTOWN PARTNERSHIP | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MORR | BusinessNameControlTxt |
| Phone | 9734551133 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 MAPLE AVENUE SUITE 201 | AddressLine1Txt |
| City | MORRISTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 079605451 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER WEHRING | PersonNm |
| Person Title | EXECUTIVE DIR | PersonTitleTxt |
| Phone | 9734551133 | PhoneNum |
| Signature | 2025-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| 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 | WILLIAM R OSTER CPA | PreparerPersonNm |
| PTIN | P00179043 | PTIN |
| Phone | 9733387032 | PhoneNum |
| Preparation | 2025-11-13 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JENNIFER WEHRING | PrincipalOfficerNm |
| Gross Receipts | $2,023,052 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MORRISTOWN-NJ.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1994 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | FOSTER AND ENCOURAGE SELF-HELP PROGRAMS TO ENHANCE THE LOCAL BUSINESS CLIMATE, PROVIDE ADMINISTRATIVE AND OTHER SERVICES TO BENEFIT BUSINESS, EMPLOYEES, RESIDENTS AND CONSUMERS AND PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURISTIC AND CIVIC INTERESTS OF THE TOWN OF MORRISTOWN AND ITS SPECIAL IMPROVEMENT DISTRICT. | ActivityOrMissionDesc |
| Voting Members Governing Body | 19 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 9 | TotalEmployeeCnt |
| Total Volunteers | 25 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,279,103 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,023,052 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| CY Investment Income | $0 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $1,279,103 | PYTotalRevenueAmt |
| CY Total Revenue | $2,023,052 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $336,597 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $403,309 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $5,509 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $855,742 | PYOtherExpensesAmt |
| CY Other Expenses | $985,398 | CYOtherExpensesAmt |
| PY Total Expenses | $1,192,339 | PYTotalExpensesAmt |
| CY Total Expenses | $1,388,707 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $86,764 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $634,345 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $533,998 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,150,839 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $602,136 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $584,632 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | -$68,138 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $566,207 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | FOSTER AND ENCOURAGE SELF-HELP PROGRAMS TO ENHANCE THE LOCAL BUSINESS CLIMATE, PROVIDE ADMINISTRATIVE AND OTHER SERVICES TO BENEFIT BUSINESS, EMPLOYEES, RESIDENTS AND CONSUMERS AND PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURISTIC AND CIVIC INTERESTS OF THE TOWN OF MORRISTOWN AND ITS SPECIAL IMPROVEMENT DISTRICT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,275,664 | ExpenseAmt |
| Desc | REVITALIZATION OF MORRISTOWN THROUGH LOCAL GIFT CERTIFICATE PROGRAM, SUPPORT OF LOCAL BUSINESS COMMUNITY, STREETSCAPE DESIGN AND LAMP POST MAINTENANCE, BUSINESS RECRUITMENT AND RETENTION, MARKETING, PROMOTIONS, EVENTS AND CAPITAL IMPROVEMENT PROJECTS. MARKETING AND PROMOTIONS 921,704 BUILT ENVIROMENT 121,886 BUSINESS SECTOR ENGAGEMENT 141,284 FINANCIAL STRATEGY AND BUSINESS DEVELOPMENT 57,514 PUBLIC AFFAIRS AND ADVOCACY 33,276 | Desc |
| Total Program Service Expenses | $1,275,664 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| 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 | Yes (true) | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | 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 |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| 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 | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | false | ScheduleORequiredInd |
| IRP Document | 24 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 9 | 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 | 19 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | 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 | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | 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 | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NJ | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
| Other | Yes (X) | OtherInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER WEHRING | PersonNm |
| Phone | 9734551133 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 14 MAPLE AVENUE | AddressLine1Txt |
| City | MORRISTOWN | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07960 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (19 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| RYAN DAWSON | |||||||
| PRESIDENT | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JEFF RAWDING | |||||||
| VICE PRESIDE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JOHN WALSH | |||||||
| SECRETARY | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| KIM RYAN | |||||||
| TREASURER | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| JENNIFER WEHRING | |||||||
| EXECUTIVE DI | 40.00 | $134,231 | $0 | $17,460 | Yes (X) | 0.00 | |
| WILLIAM BRAUNSCHWEIGER | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| LEIA GACCIONE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| BIAGIO SCOTTO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHELLE MONGEY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DICK TIGHE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOE LOBOZZO JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MARK VON BRADSKY | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL WITKO | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| NESTOR BEDOYA | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ORI KASNECI | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| PHILIP DEL GIUDICE | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT NISH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ANIKA JOSEPH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| STEVE PYLYPCHUK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $134,231 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $17,460 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Government Grants | $1,402,804 | GovernmentGrantsAmt |
| All Other Contributions | $620,248 | AllOtherContributionsAmt |
| Total Contributions | $2,023,052 | TotalContributionsAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,023,052 | TotalRevenueColumnAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $134,231 | TotalAmt |
| Program Services | $99,331 | ProgramServicesAmt |
| Management And General | $33,558 | ManagementAndGeneralAmt |
| Fundraising | $1,342 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $186,224 | TotalAmt |
| Program Services | $177,044 | ProgramServicesAmt |
| Management And General | $7,488 | ManagementAndGeneralAmt |
| Fundraising | $1,692 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $54,677 | TotalAmt |
| Program Services | $47,156 | ProgramServicesAmt |
| Management And General | $7,003 | ManagementAndGeneralAmt |
| Fundraising | $518 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,177 | TotalAmt |
| Program Services | $24,301 | ProgramServicesAmt |
| Management And General | $3,609 | ManagementAndGeneralAmt |
| Fundraising | $267 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,918 | TotalAmt |
| Program Services | $2,790 | ProgramServicesAmt |
| Management And General | $25,128 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,966 | TotalAmt |
| Program Services | $71,350 | ProgramServicesAmt |
| Management And General | $10,786 | ManagementAndGeneralAmt |
| Fundraising | $830 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,001 | TotalAmt |
| Program Services | $6,021 | ProgramServicesAmt |
| Management And General | $910 | ManagementAndGeneralAmt |
| Fundraising | $70 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,628 | TotalAmt |
| Program Services | $59,065 | ProgramServicesAmt |
| Management And General | $6,563 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $45,924 | TotalAmt |
| Program Services | $39,495 | ProgramServicesAmt |
| Management And General | $5,970 | ManagementAndGeneralAmt |
| Fundraising | $459 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| EVENTS AND DECOR | $434,465 | $434,465 |
| GIFT CERTIFICATE PROGRAM | $118,879 | $118,879 |
| EVENTS AND PROMOTIONS | $77,600 | $77,600 |
| GENERAL AND LANDSCAPE MAI | $47,219 | $47,219 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $77,798 | TotalAmt |
| Program Services | $70,948 | ProgramServicesAmt |
| Management And General | $6,519 | ManagementAndGeneralAmt |
| Fundraising | $331 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,388,707 | TotalAmt |
| Program Services | $1,275,664 | ProgramServicesAmt |
| Management And General | $107,534 | ManagementAndGeneralAmt |
| Fundraising | $5,509 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,690 | BOYAmt |
| EOY | $479,894 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $38,950 | BOYAmt |
| EOY | $79,400 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,425 | BOYAmt |
| EOY | $4,374 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,926,795 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,415,464 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $328,253 | BOYAmt |
| EOY | $511,331 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,680 | BOYAmt |
| EOY | $75,840 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,998 | BOYAmt |
| EOY | $1,150,839 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $243,789 | BOYAmt |
| EOY | $365,458 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $106,667 | BOYAmt |
| EOY | $93,334 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $251,680 | BOYAmt |
| EOY | $125,840 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $602,136 | BOYAmt |
| EOY | $584,632 | 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 | -$68,138 | BOYAmt |
| EOY | $566,207 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$68,138 | BOYAmt |
| EOY | $566,207 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $533,998 | BOYAmt |
| EOY | $1,150,839 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $634,345 | 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) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,466,079 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,227,365 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,146,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,279,103 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,023,052 | CurrentTaxYearAmt |
| Total | $7,142,546 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,466,079 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,227,365 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,146,947 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,279,103 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,023,052 | CurrentTaxYearAmt |
| Total | $7,142,546 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $7,142,546 | PublicSupportTotal170Amt |
| Total Support | $7,142,546 | TotalSupportAmt |
| Public Support CY170 | 1.00000 | PublicSupportCY170Pct |
| Public Support PY170 | 1.00000 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,926,795 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,415,464 | DepreciationAmt |
| Book Value | $511,331 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $511,331 | TotalBookValueLandBuildingsAmt |
Other Assets Org OtherAssetsOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RIGHT-TO-USE ASSET | Desc |
| Book Value | $75,840 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | $75,840 | TotalBookValueOtherAssetsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE LIABILITY | $75,840 |
| LINE OF CREDIT | $50,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $125,840 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $2,023,052 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $2,023,052 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $2,023,052 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,388,707 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $1,388,707 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $1,388,707 | TotalExpensesPerForm990Amt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JENNIFER WEHRING | PersonNm |
| Title | EXECUTIVE DIR | TitleTxt |
| Base Compensation Filing Org | $134,231 | BaseCompensationFilingOrgAmt |
| Deferred Compensation Flng Org | $5,369 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $12,091 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $151,691 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | FOSTER AND ENCOURAGE SELF-HELP PROGRAMS TO ENHANCE THE LOCAL BUSINESS CLIMATE, PROVIDE ADMINISTRATIVE AND OTHER SERVICES TO BENEFIT BUSINESS, EMPLOYEES, RESIDENTS AND CONSUMERS AND PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURISTIC AND CIVIC INTERESTS OF THE TOWN OF MORRISTOWN AND ITS SPECIAL IMPROVEMENT DISTRICT. |
| FORM 990, PAGE 6, PART VI, LINE 11B | NO REVIEW WAS OR WILL BE CONDUCTED. |
| FORM 990, PAGE 6, PART VI, LINE 12C | THE WRITTEN CONFLICT OF INTEREST POLICY REQUIRES ALL TRUSTEES TO COMPLETE DISCLOSURE FORMS ON AN ANNUAL BASIS. THE TREASURER ENSURES THAT ALL FORMS ARE SUBMITTED AND REVIEWED WITH THE EXECUTIVE COMMITTEE FOR ANY THAT DISCL OSE ACTUAL OR POTENTIAL THREATS OF CONFLICT OF INTEREST. |
| FORM 990, PAGE 6, PART VI, LINE 15A | BOARD OF TRUSTEES/EXECUTIVE COMMITTEE REVIEW AND APPROVE ALL MANAGEMENT AND KEY EMPLOYEE SALARIES, AS WELL AS REVIEW AND APPROVE ANY INCREASES. COMPARISONS MADE TO SIMILAR ORGANIZATIONS AND MANAGEMENT/KEY EMPLOYEE COMPENSATION, AS WELL AS SIMILAR RESPONSIBILITIES. |
| FORM 990, PAGE 6, PART VI, LINE 15B | BOARD OF TRUSTEES/EXECUTIVE COMMITTEE REVIEW AND APPROVE ALL MANAGEMENT AND KEY EMPLOYEE SALARIES, AS RECOMMENDED BY THE EXECUTIVE DIRECTOR ON AN ANNUAL BASIS. |
| FORM 990, PAGE 6, PART VI, LINE 18 | GOVERNING AND ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST, AS WELL A S PUBLIC DOMAINS, SUCH AS GUIDESTAR AND NJ DIVISION OF CONSUMER AFFAIRS. |
| FORM 990, PAGE 6, PART VI, LINE 19 | GOVERNING AND ORGANIZATION DOCUMENTS ARE AVAILABLE UPON REQUEST, AS WELL A S PUBLIC DOMAINS, SUCH AS GUIDESTAR AND NJ DIVISION OF CONSUMER AFFAIRS. |
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