BETA

HIGHLANDS BUSINESS PARTNERSHIP INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HIGHLANDS BUSINESS PARTNERSHIP INC (EIN 22-3665400)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202513219349313726
Schema version
2024v5.2
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)
Return2025-11-17T14:33:11-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN331374517PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PKF O'CONNOR DAVIES ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line120 COMMERCE DRIVE SUITE 301AddressLine1Txt
CityCRANFORDCityNm
State AbbreviationNJStateAbbreviationCd
ZIP070163618ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

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
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonGARRETT M HIGGINSPreparerPersonNm
PTINP00543209PTIN
Phone9082726200PhoneNum
Preparation2025-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

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$254,356GrossReceiptsAmt
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 Body10VotingMembersGoverningBodyCnt
Voting Members Independent10VotingMembersIndependentCnt
Total Employee1TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$53,463PYContributionsGrantsAmt
CY Contributions Grants$59,570CYContributionsGrantsAmt
PY Program Service Revenue$181,733PYProgramServiceRevenueAmt
CY Program Service Revenue$189,973CYProgramServiceRevenueAmt
PY Investment Income$82PYInvestmentIncomeAmt
CY Investment Income$28CYInvestmentIncomeAmt
PY Other Revenue$6,360PYOtherRevenueAmt
CY Other Revenue$2,492CYOtherRevenueAmt
PY Total Revenue$241,638PYTotalRevenueAmt
CY Total Revenue$252,063CYTotalRevenueAmt
PY Grants And Similar Paid$34,530PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,511CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$74,434PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$76,402CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$189,825PYOtherExpensesAmt
CY Other Expenses$180,188CYOtherExpensesAmt
PY Total Expenses$298,789PYTotalExpensesAmt
CY Total Expenses$267,101CYTotalExpensesAmt
PY Revenues Less Expenses-$57,151PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$15,038CYRevenuesLessExpensesAmt
Total Assets BOY$64,727TotalAssetsBOYAmt
Total Assets EOY$49,689TotalAssetsEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$64,727NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$49,689NetAssetsOrFundBalancesEOYAmt
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$228,817ExpenseAmt
Grant$10,511GrantAmt
Revenue$189,973RevenueAmt
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$228,817TotalProgramServiceExpensesAmt
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 Footnote0IncludeFIN48FootnoteInd
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 EntYes (1)BusinessRlnWith35CtrlEntInd
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 Document17IRPDocumentCnt
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
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
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 Members10GoverningBodyVotingMembersCnt
Independent Voting Member10IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
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 Line1KIM SLATEBusinessNameLine1Txt
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 (11 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
KIM SLATE
TREASURER15.00Yes (X)Yes (X)$0$0$0
DONICA BASINGER
SECRETARY10.00Yes (X)Yes (X)$0$0$0
FILOMENA ANTONIELLO
MEMBER1.00Yes (X)$0$0$0
DAVID BAKER
MEMBER1.00Yes (X)$0$0$0
JAMES D BARKER
MEMBER1.00Yes (X)$0$0$0
NANCY BURTON
MEMBER1.00Yes (X)$0$0$0
GLORIA MILLER
MEMBER1.00Yes (X)$0$0$0
VALERIE MONTECALVO
MEMBER1.00Yes (X)$0$0$0
CARLA CEFALO
EXECUTIVE DIRECTOR10.00Yes (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$6,900GovernmentGrantsAmt
All Other Contributions$52,670AllOtherContributionsAmt
Total Contributions$59,570TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SPECIAL EVENT REVENUE900099$187,111$187,111
JOURNAL INCOME900099$1,900$1,900
WAY-FINDING INCOME900099$962$962
FieldValueIRS element (for citing)
Total Program Service Revenue$189,973TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$28TotalRevenueColumnAmt
Exclusion$28ExclusionAmt
FieldValueIRS element (for citing)
Gaming Gross Income$4,785GamingGrossIncomeAmt
Gaming Direct Expenses$2,293GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,492TotalRevenueColumnAmt
Exclusion$2,492ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$252,063TotalRevenueColumnAmt
Related Or Exempt Func Income$189,973RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,520ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$10,511TotalAmt
Program Services$10,511ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$68,705TotalAmt
Program Services$68,705ProgramServicesAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$7,697TotalAmt
Program Services$7,697ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,800TotalAmt
Management And General$5,800ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$30,197TotalAmt
Program Services$30,197ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$9,952TotalAmt
Management And General$9,952ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$6,819TotalAmt
Program Services$6,819ProgramServicesAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,297TotalAmt
Management And General$12,297ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$3,556TotalAmt
Management And General$3,556ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,843TotalAmt
Management And General$1,843ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
SPONSORED EVENTS$100,628$100,628
REPAIRS AND MAINTENANCE$3,472$3,472
ADOPT-A-BENCH EXPENSE$2,978$2,978
SUNSHINE GIFTS GIVEN$1,364$1,364

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$1,282TotalAmt
Program Services$1,282ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$267,101TotalAmt
Program Services$228,817ProgramServicesAmt
Management And General$38,284ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$24,256BOYAmt
EOY$12,774EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$58,693LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$21,778LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$40,471BOYAmt
EOY$36,915EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$64,727BOYAmt
EOY$49,689EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$64,727BOYAmt
EOY$49,689EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$64,727BOYAmt
EOY$49,689EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$64,727BOYAmt
EOY$49,689EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$15,038ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS Audited0FSAuditedInd
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$43,101CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$57,175CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$88,712CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49,258CurrentTaxYearMinus1YearAmt
Current Tax Year$59,570CurrentTaxYearAmt
Total$297,816TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$43,101CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$57,175CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$88,712CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$49,258CurrentTaxYearMinus1YearAmt
Current Tax Year$59,570CurrentTaxYearAmt
Total$297,816TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$17,479SubstantialContributorsTotAmt
Public Support Total170$280,337PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$91CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$122CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$82CurrentTaxYearMinus1YearAmt
Current Tax Year$28CurrentTaxYearAmt
Total$349TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year$2,492CurrentTaxYearAmt
Total$2,492TotalAmt
FieldValueIRS element (for citing)
Total Support$300,657TotalSupportAmt
Gross Receipts Rltd Activities$726,783GrossReceiptsRltdActivitiesAmt
Public Support CY1700.93240PublicSupportCY170Pct
Public Support PY1700.99280PublicSupportPY170Pct
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$58,693OtherCostOrOtherBasisAmt
Depreciation$21,778DepreciationAmt
Book Value$36,915BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$36,915TotalBookValueLandBuildingsAmt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

FieldValueIRS element (for citing)
PersonCARLA CEFALOPersonNm
FieldValueIRS element (for citing)
Relationship DescriptionEXECUTIVE DIRECTORRelationshipDescriptionTxt
Transaction$13,932TransactionAmt
TransactionPAYMENT TO SHORE GRAFX, A COMPANY OWNED BY CARLA AND HER SPOUSE, FOR WEBSITE DESIGN, DIGITAL MARKETING, AND BROCHURE SERVICES. THE TRANSACTION WAS APPROVED BY THE TREASURER AND BOARD.TransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 RECEIVES 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.

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