2025-11-14T15:16:13-06:00 2024-12-31 221914888 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2024-01-01 454894683 LAKE HOPATCONG FOUNDATION LAKE 9736632500 125 LANDING ROAD LANDING NJ 07850 MARTIN KANE CHAIRMAN & TRUSTEE 9736632500 2025-11-14 1 0 P02451559 9733281825 2025-11-13 2024 2025-03-06 01:10:19Z MARTIN KANE 125 LANDING ROAD LANDING NJ 07850 733154 0 X WWW.LAKEHOPATCONGFOUNDATION.ORG X 2012 NJ FOCUSING ON ENHANCING THE LAKE HOPATCONG ENVIRONMENT AND EXPERIENCE, WITH EFFORTS THAT INCLUDE WATER QUALITY, PUBLIC SAFETY, LAKE EDUCATION, COMMUNITY COHESIVENESS, HISTORICAL PRESERVATION, ENVIRONMENTAL PROTECTION, PUBLIC INFORMATION, AND ARTS AND CULTURE. 13 12 11 230 0 0 587395 558077 105696 116450 6733 10026 0 0 699824 684553 0 0 0 0 379863 442092 0 0 108201 293984 355489 673847 797581 25977 -113028 2777669 2637543 43750 16652 2733919 2620891 X FOCUSING ON ENHANCING THE LAKE HOPATCONG ENVIRONMENT AND EXPERIENCE, WITH EFFORTS THAT INCLUDE WATER QUALITY, PUBLIC SAFETY, LAKE EDUCATION, COMMUNITY COHESIVENESS, HISTORICAL PRESERVATION, ENVIRONMENTAL PROTECTION, PUBLIC INFORMATION, AND ARTS AND CULTURE. 0 0 522445 116450 EDUCATIONAL OUTREACH/PUBLIC INFORMATION SERVICES - IMPLEMENT OUTREACH PROGRAMS ON AQUATIC INVASIVE SPECIES PROTECTION AND LAKE ECOLOGY, ENVIRONMENTAL EDUCATION FIELD TRIPS AND PUBLIC EDUCATION CRUISES, PUBLIC SAFETY, AND B-SAFE DOCK NUMBER PROGRAMS.COMMUNITY - BUILD A SENSE OF LAKE COMMUNITY AND SUPPORT LOCAL BUSINESSES THAT SURROUND IT THROUGH THE ANNUAL LAKE HOPATCONG BLOCK PARTY. IMPROVE AND ENHANCE RECREATIONAL OPPORTUNITIES BY OFFERING GUIDED HIKING AND PADDLE TRIPS AND MAINTAIN 11 MILES OF THE LAKE HOPATCONG TRAIL AND WORKING TO EXPAND THE TRAIL TO BE 40 MILES AROUND LAKE HOPATCONG. ENVIRONMENTAL AND CULTURAL CENTER - RESTORE AND RE PURPOSE THE HISTORICAL LAKE HOPATCONG TRAIN STATION IN LANDING FOR USE AS THE LAKE HOPATCONG CULTURAL ENVIRONMENTAL CENTER OFFERING COMMUNITY PROGRAMING AND TO SERVE AS THE OFFICE FOR THE LAKE HOPATCONG FOUNDATION. 3012 WATER QUALITY- THE LAKE HOPATCONG FOUNDATION WORKS TO MAINTAIN AND IMPROVE THE LAKE ENVIRONMENT AS THE HEALTH OF THE LAKE AFFECTS ALL FACETS OF THE LAKE HOPATCONG EXPERIENCE. THE FOUNDATION PARTNERS WITH OTHER STAKEHOLDER GROUPS AROUND THE LAKE TO IMPLEMENT WATER QUALITY IMPROVEMENT PROJECTS AND PROJECTS TO MITIGATE THE IMPACTS OF HARMFUL ALGAL BLOOMS (HABS) THROUGHOUT THE WATERSHED. THE FOUNDATION OVERSEES HAB VOLUNTEER MONITORING AND REPORTING PROGRAM, PREVENTS THE INTRODUCTION AND LIMITS THE SPREAD OF NEW AQUATIC INVASIVE SPECIES, THROUGH PUBLIC OUTREACH AND VOLUNTEER EFFORTS, AND CONDUCTS ROADSIDE AND LAKE-WIDE DEBRIS CLEANUPS. 525457 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 25 0 1 11 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 9736632500 125 LANDING ROAD LANDING NJ 07850 THOMAS D FLINN TRUSTEE 2.00 X 0 0 0 MARTIN KANE CHAIRMAN & TRUSTEE 15.00 X X 0 0 0 BEN TERNER TRUSTEE 2.00 X 0 0 0 GARY WHITMAN TRUSTEE 2.00 X 0 0 0 LEON J MOREAU IV TREASURER & TRUSTEE 2.00 X X 0 0 0 ROBERT HAMBURGER VICE CHAIRMAN & TRUSTEE 2.00 X X 0 0 0 LINDA KARPIAK TRUSTEE 2.00 X 0 0 0 JAMES LEFFLER TRUSTEE 2.00 X 0 0 0 BELA SZIGETHY TRUSTEE EMERITUS 2.00 X 0 0 0 KERRY KIRK PFLUGH TRUSTEE 2.00 X 0 0 0 RAY FERNANDEZ TRUSTEE 2.00 X 0 0 0 THOMAS A DONOFRIO TRUSTEE 2.00 X 0 0 0 KYLE RICHTER EXECUTIVE DIRECTOR 40.00 X 88400 0 5256 88400 0 5256 0 0 0 0 0 167964 60019 330094 8141 558077 BLOCK PARTY 900099 80606 80606 FLOATING CLASSROOM AND 900099 25100 25100 PLANT SALE 900099 8898 8898 DOCK NUMBERS 900099 1846 1846 116450 10026 10026 5593 5593 0 0 43008 167964 43008 0 684553 116450 0 10026 93655 69305 5619 18731 275059 203544 16503 55012 8724 6455 524 1745 32599 24124 1955 6520 32055 23721 1923 6411 76226 3881 72345 2001 2001 17778 14639 545 2594 16118 11927 967 3224 24231 21323 727 2181 13863 13863 70223 61796 2107 6320 16105 11274 1772 3059 PROJECTS AND INITATIVES 66899 66899 CREDIT LOSSES 39334 39334 BANK FEES 5025 1508 1558 1959 PRINTING AND PUBLICATIO 2838 684 2154 4848 2376 2027 445 797581 525457 163923 108201 427942 179607 188558 196522 172419 140126 601 50817 5124 2488107 422760 1988149 2065347 2777669 2637543 43750 16652 43750 16652 X 2643208 2557491 90711 63400 2733919 2620891 2777669 2637543 -113028 0 X X 0 1 X 1 0 X 521654 558463 624438 587395 558077 2850027 521654 558463 624438 587395 558077 2850027 243450 2606577 2027 228 327 6733 10026 19341 50587 64067 114654 2984022 372392 0.87350 0.85920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 445617 61891 383726 1859464 185135 1674329 35676 31892 3784 147350 143842 3508 2065347 X 786137 58576 43008 101584 684553 0 684553 899165 58576 43008 101584 797581 0 797581 PART X, LINE 2: THE FOUNDATION IS A NON-PROFIT CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND, THEREFORE, IS EXEMPT FROM FEDERAL INCOME TAXES ON INCOME THAT IS RELATED TO ITS TAX-EXEMPT PURPOSES PURSUANT TO SECTION 501(A) OF THE CODE. THE FOUNDATION IS ALSO EXEMPT UNDER TITLE 15 OF THE STATE OF NEW JERSEY CORPORATIONS AND ASSOCIATIONS NOT-FOR-PROFIT ACT. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAX HAS BEEN PRESENTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. AS REQUIRED BY LAW, THE FOUNDATION FILES INFORMATIONAL RETURNS WITH BOTH THE UNITED STATES FEDERAL AND STATE OF NEW JERSEY JURISDICTIONS ON AN ANNUAL BASIS - FORM 990 WITH THE INTERNAL REVENUE SERVICE, AND FORM CRI-300R WITH THE STATE OF NEW JERSEY. THESE RETURNS ARE SUBJECT TO EXAMINATION BY THESE AUTHORITIES WITHIN CERTAIN STATUTORY PERIODS FROM THE LATEST FILING DATE FOR FEDERAL AND FOR NEW JERSEY. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSES 43,008. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSES 43,008. GALA 156702 137865 18837 18837 LAKE LOOP 32170 26485 5685 5685 1 22100 3614 18486 18486 210972 167964 43008 43008 43008 0 FORM 990, PART VI, SECTION B, LINE 11B THE LAKE HOPATCONG FOUNDATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED PRIOR TO THE RETURN BEING FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C THE LAKE HOPATCONG FOUNDATION CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DISCUSSION ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THAT THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES, AN INDEPENDENT BODY. FORM 990, PART VI, SECTION C, LINE 19 THE LAKE HOPATCONG FOUNDATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 37 NOLANS POINT PARK ROAD LAKE HOPATCONG, NJ 07849. IN ADDITION FORM 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE ORGANIZATIONS OFFICE AT 125 LANDING ROAD, LANDING, NJ 07850. FORM 990 PART XII, LINE 2C THERE WAS NO CHANGE FROM THE PRIOR YEAR.