Form 990 for tax year 2024
Filed by SOUTH JERSEY TECHNOLOGY PARK AT ROWAN UNIVERSITY.
Totals
- Total revenue
- $1,783,075
- Total expenses
- $1,659,964
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- not reported
- Investment income
- not reported
- Other revenue
- not reported
- Total assets, end of year
- not reported
- Total liabilities, end of year
- not reported
- Net assets or fund balances, end of year
- not reported
- Program services expenses (Part IX)
- $1,310,462
- Management and general expenses
- $349,502
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,310,462
Program services were 78.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
DR ALI A HOUSHMAND
DIRECTOR (PRES. OF ROWAN UNIVERSITY)
- Total calculated
- $1,163,469
- From this org
- $0
- From related orgs
- $931,208
- Other
- $232,261
- Hours/week
- 1 + 54 related
Schedule J breakdown matched by us
- Base
- $0 + $566,801 related
- Bonus
- $0 + $133,322 related
- Other
- $0 + $231,085 related
- Deferred
- $0 + $151,988 related
- Nontaxable benefits
- $0 + $80,273 related
- Filer's total
- $0 + $1,163,469 related
-
MICHAEL MUHLBAIER CHAIR AS
OF JAN 2025 (FAC., ROWAN UNIVERSITY)
- Total calculated
- $0
- Hours/week
- 2 + 25 related
-
LAWRENCE DIVIETRO JR
VICE CHAIR AS OF JAN 2025
- Total calculated
- $0
- Hours/week
- 2
-
CHRISTINE BUTEAS
TREASURER AS OF JAN 2025
- Total calculated
- $0
- Hours/week
- 2
-
JAMES TARANGELO
TREASURER THRU JAN 2025
- Total calculated
- $0
- Hours/week
- 2
-
MARLENE ASSELTA
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
ISABELITA ABELE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AAYAZ FAREED
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PATRICK JEFFREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HEATHER LAFRANCE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LINDA M ROHRER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL REAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ED REMSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MICHELLE SHIREY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MANNING SMITH III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PHILIP J VAVALA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GENEVIEVE E WITT
DIRECTOR THRU APR 2025
- Total calculated
- $0
- Hours/week
- 1
-
ANTHONY J PERNO
EXECUTIVE DIRECTOR
- Total calculated
- $255,064
- From this org
- $0
- From related orgs
- $204,615
- Other
- $50,449
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $203,395 related
- Bonus
- $0
- Other
- $0 + $1,220 related
- Deferred
- $0 + $14,000 related
- Nontaxable benefits
- $0 + $36,449 related
- Filer's total
- $0 + $255,064 related
-
JOSEPH A CAMPBELL
FORMER EXECUTIVE DIRECTOR
- Total calculated
- $334,731
- From this org
- $0
- From related orgs
- $280,477
- Other
- $54,254
- Hours/week
- 0 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $257,709 related
- Bonus
- $0
- Other
- $0 + $22,768 related
- Deferred
- $0 + $14,000 related
- Nontaxable benefits
- $0 + $40,254 related
- Filer's total
- $0 + $334,731 related
-
JOSEPH F SCULLY JR
FORMER EXECUTIVE DIRECTOR
- Total calculated
- $434,611
- From this org
- $0
- From related orgs
- $394,792
- Other
- $39,819
- Hours/week
- 0 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $340,863 related
- Bonus
- $0
- Other
- $0 + $53,929 related
- Deferred
- $0 + $14,000 related
- Nontaxable benefits
- $0 + $25,819 related
- Filer's total
- $0 + $434,611 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 4b · Supplemental nonqualified retirement plan
Answered no
- 4a · Severance or change-of-control payment
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 3
- THE ORGANIZATION'S EXECUTIVE DIRECTOR ANTHONY J. PERNO WAS COMPENSATED BY A RELATED ORGANIZATION, ROWAN UNIVERSITY. HIS COMPENSATION WAS DETERMINED THROUGH ROWAN UNIVERSITY'S SALARY REVIEW PROCESS, WHICH INCLUDES A REVIEW BY THE UNIVERSITY'S CHIEF HUMAN RESOURCE OFFICER, CHIEF FINANCIAL OFFICER AND THE PRESIDENT OF THE UNIVERSITY. THIS REVIEW INCLUDED THE USE OF COMPARABILITY DATA FOR BOTH INTERNAL AND EXTERNAL COMPENSATION EQUITY.
- PART I, LINE 4B
- DR. ALI A. HOUSHMAND, A DIRECTOR OF THE ORGANIZATION AND THE PRESIDENT OF ROWAN UNIVERSITY, PARTICIPATES IN A 457(F) SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN WITH THE UNIVERSITY, A RELATED ORGANIZATION. THE UNIVERSITY CONTRIBUTED $137,988 TO THE PLAN ON HIS BEHALF IN CALENDAR YEAR 2024. HE ALSO RECEIVED DISTRIBUTION FROM THE 457(F) PLAN IN AMOUNT OF $89,277 IN CALENDAR YEAR 2024. THE AMOUNT IS REPORTABLE AS TAXABLE COMPENSATION IN PART II, COLUMN B (III).
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
HIGHER EDUCATION · NJ
-
501(C)(3) · UNIVERSITY FUNDRAISING · NJ
Directly controlled by ROWAN UNIVERSITY
-
501(C)(3) · PLANNING AND STRATEGIC MANAGEMENT · DE
Directly controlled by ROWAN UNIVERSITY
-
ROWAN EDUCATIONAL ATTRACTIONS INC
501(C)(3) · MANAGING UNIVERSITY EDUCATIONAL ATTRACTIONS · NJ
Directly controlled by ROWAN UNIVERSITY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 13 May 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601339349306445
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