2013-11-13T09:53:57-06:00 2012-12-31 273115411 FISCHER BARR & WISSINGER LLC 1719 ROUTE 10 EAST SUITE 102 PARSIPPANY NJ 07054 990 2012-01-01 223307187 MORRISTOWN PARTNERS INC T/A MORRISTOWN PARTNERSHIP MORR 9734551133 14 MAPLE AVENUE NO 201 MORRISTOWN NJ 079605451 MICHAEL FABRIZIO 9734551133 2013-11-06 1 SPENCER V WISSINGER CPA P00642156 9732671400 2012 2016-02-24 21:20:13Z MICHAEL FABRIZIO 44 MARKET STREET MORRISTOWN NJ 07960 973431 0 X WWW.MORRISTOWN-NJ.ORG X 1994 NJ TO PROMOTE ECONOMIC GROWTH AND REVITALIZATION, ENHANCE COMMERCIAL VISIBILITY AND ATTRACTIVENESS, 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. 18 18 5 50 0 0 655347 623426 0 0 803 0 149944 148051 806094 771477 0 0 0 0 345535 291881 0 0 0 462636 401366 808171 693247 -2077 78230 253311 207350 824981 700790 -571670 -493440 TO PROMOTE ECONOMIC GROWTH AND REVITALIZATION, ENHANCE COMMERCIAL VISIBITY AND ATTRACTIVENESS OF THE LOCAL BUSINESS CLIMATE AND ENCOURAGE SELF-HELP PROGRAMS IN THE TOWN OF MORRISTOWN. 0 0 521066 0 REVITALIZATION OF MORRISTOWN THROUGH PAVING AND CLEANING STREETS, LANDSCAPE IMPROVEMENTS, VALIDATED PARKING STAMP PROGRAM, BUSINESS RECRUITMENT, AND PROMOTIONAL NEWSLETTERS. 521066 1 0 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 5 1 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 NJ X THE ORGANIZATION 9734551133 14 MAPLE AVENUE SUITE 201 MORRISTOWN NJ 079605451 PHILIP DEL GIUDICE 0.00 X X 0 0 0 JOSHUA LIPNICK 0.00 X 0 0 0 MICHAEL FABRIZIO 40.00 X X 120237 0 46671 WILLIAM BRAUNSCHWEIGER 0.00 X 0 0 0 DOUGLAS TODD 0.00 X 0 0 0 MARTY EPSTEIN 0.00 X 0 0 0 JIM MONGEY 0.00 X 0 0 0 AMY FERRARO 0.00 X 0 0 0 ALLEN KOPELSON 0.00 X 0 0 0 MATTHEW O'DONNELL ESQ 0.00 X X 0 0 0 STACEY SCHLOSSER 0.00 X 0 0 0 RYAN MAROWITZ 0.00 X 0 0 0 BIAGIO SCOTTO 0.00 X 0 0 0 DICK TIGHE 0.00 X 0 0 0 SCOTT PRIDEAUX 0.00 X X 0 0 0 TOM BLUNDELL 0.00 X 0 0 0 PETER O'HAGAN 0.00 X X 0 0 0 REBECCA FELDMAN 0.00 X 0 0 0 120237 0 46671 1 0 1 0 0 608326 15100 623426 222252 201954 20298 20298 GIFT CERTIFICATES SALE 900099 118572 118572 INSURANCE REIMBURSEMEN 900099 9181 9181 127753 771477 0 0 148051 166908 128527 38381 92934 71697 21237 15055 13550 1505 16984 13088 3896 27508 27508 12000 12000 20062 20062 52060 40123 11937 43861 33803 10058 10391 10391 30924 1491 29433 8970 6914 2056 COMMUNITY AND GOVT. REL 120975 120975 STREETSCAPE 58137 58137 UTILITIES 16478 12699 3779 693247 521066 172181 0 26176 19711 18727 13382 10452 5675 342291 173709 197956 168582 0 253311 207350 164547 126351 660434 574439 824981 700790 X -571670 -493440 -571670 -493440 253311 207350 78230 0 X X 0 1 X 1 0 X 1218837 1349824 1138992 1026080 973431 5707164 1218837 1349824 1138992 1026080 973431 5707164 170857 5536307 5707164 0.97010 0.97230 X 266854 110414 156440 58516 55148 3368 16921 8147 8774 168582 X 847277 75800 75800 771477 0 771477 769047 75800 75800 693247 0 693247 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION HAS CURRENT LIABILITIES WHICH EXCEED ITS CURRENT ASSETS BY $283,708 AND HAS A NET DEFICIENCY IN ASSETS OF $493,440 AT DECEMBER 31, 2012. MANAGEMENT'S PLANS FOR THE ORGANIZATION TO CONTINUE AS A GOING CONCERN INCLUDE RAISING ADDITIONAL FUNDING AND OTHER STRATEGIES DESIGNED TO OPTIMIZE AND INCREASE NET ASSETS. MANAGEMENT OF THE ORGANIZATION ALSO INTENDS TO CONTINUE ITS EFFORT TO CUT COSTS AND EXPENSES. CHRISTMAS FESTIVAL 95172 95172 104898 FALL FESTIVIAL 109004 109004 82998 1 18076 18076 14058 222252 222252 201954 201954 20298 1 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE BOARD OF TRUSTEES MONITORS THE USE OF GRANT FUNDS THROUGH REQUIRED REPORTS. X X X 0 0 0 0 0 0 0 0 0 MICHAEL FABRIZIO 120237 0 0 0 0 0 0 0 46671 0 166908 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 EXECUTIVE DIRECTOR AND TREASURER REVIEW A DRAFT OF THE FORM 990 PRIOR TO FILING. THE FINAL VERSION OF THE FORM 990 IS DISTRIBUTED TO THE ENTIRE BOARD, MORRISTOWN TOWN COUNCIL AND MAYOR AND THE NEW JERSEY DEPARTMENT OF COMMUNITY AFFAIRS. FORM 990, PART VI, SECTION B, LINE 15 EXECUTIVE COMMITTEE REVIEWS EMPLOYEE COMPENSATION AND MAKES RECOMMENDATIONS TO THE ENTIRE BOARD. THE COMMITTEE ALSO REVIEWS ANY EMPLOYMENT CONTRACTS. FORM 990, PART VI, SECTION C, LINE 18 COPIES OF THE FINANCIAL STATEMENTS OF THE ORGANIZATION AND THE FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE GOVERNING DOCUMENTS, FINANCIAL STATEMENTS OF THE ORGANIZATION AND FORM 990 ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. THE PROCESS OF OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM PRIOR YEAR.