Form 990 for tax year 2024
Filed by ISLES COMMUNITY ENTERPRISES CORP.
Totals
- Total revenue
- $11,257
- Total expenses
- $36,351
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $11,250
- Investment income
- $7
- Other revenue
- $0
- Total assets, end of year
- $835,067
- Total liabilities, end of year
- $1,009,556
- Net assets or fund balances, end of year
- -$174,489
- Program services expenses (Part IX)
- $36,351
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $36,351
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
2a · Program service revenue: PROGRAM SERVICE FEES
total $11,250 · related or exempt $11,250
-
3 · Investment income
total $7 · excluded $7
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $24,038 · program services $24,038
-
8 · Pension plan contributions
total $763 · program services $763
-
9 · Other employee benefits
total $3,707 · program services $3,707
-
10 · Payroll taxes
total $2,334 · program services $2,334
-
11c · Fees: accounting
total $2,500 · program services $2,500
-
11g · Fees: other
total $1,901 · program services $1,901
-
19 · Conferences, conventions and meetings
total $142 · program services $142
-
24a · Other expenses: DUES AND MEMBERSHIPS
total $845 · program services $845
-
24b · Other expenses: LICENSING AND FEES
total $121 · program services $121
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $785,310 · end of year $826,606
-
4 · Accounts receivable
beginning of year $34,000
-
15 · Other assets
beginning of year $8,461 · end of year $8,461
-
17 · Accounts payable and accrued expenses
beginning of year $2,322 · end of year $1,369
-
25 · Other liabilities
beginning of year $974,844 · end of year $1,008,187
-
27 · Net assets without donor restrictions
beginning of year -$149,395 · end of year -$174,489
Mission and programs · 2024
Mission
PROVIDES A UNIQUE RANGE OF FINANCIAL AND EDUCATIONAL SERVICES TO MEET THE NEEDS AND INTERESTS OF LOW-WEALTH INDIVIDUALS AND COMMUNITIES.
-
PROVIDES A UNIQUE RANGE OF FINANCIAL AND EDUCATIONAL SERVICES TO MEET THE NEEDS AND INTERESTS OF LOW-WEALTH INDIVIDUALS AND COMMUNITIES.
Expenses $36,351 · Revenue $11,250
As filed on the 2024 return.
Listed in Part VII
-
JOHN HART
COO (END. 2024)
- Total calculated
- $42,309
- From this org
- $0
- From related orgs
- $35,704
- Other
- $6,605
- Hours/week
- 0.5 + 40 related
-
MARTIN JOHNSON
FOUNDER/ ADVISOR
- Total calculated
- $59,811
- From this org
- $0
- From related orgs
- $53,673
- Other
- $6,138
- Hours/week
- 0.5 + 23 related
-
PETER ROSE
MANAGING DIRECTOR
- Total calculated
- $120,819
- From this org
- $0
- From related orgs
- $102,108
- Other
- $18,711
- Hours/week
- 0.5 + 40 related
-
SEAN JACKSON
CHIEF EXECUTIVE OFFICER/EX
- Total calculated
- $149,395
- From this org
- $0
- From related orgs
- $135,000
- Other
- $14,395
- Hours/week
- 0.5 + 40 related
-
LAURA FENSTER ROTHSCHILD
MANAGING DIRECTOR
- Total calculated
- $113,160
- From this org
- $0
- From related orgs
- $101,880
- Other
- $11,280
- Hours/week
- 0.5 + 40 related
-
MICHAEL NORDQUIST
MANAGING DIRECTOR
- Total calculated
- $49,269
- From this org
- $0
- From related orgs
- $44,505
- Other
- $4,764
- Hours/week
- 0.5 + 40 related
-
JASON ALLEN
MANAGING DIRECTOR
- Total calculated
- $48,055
- From this org
- $0
- From related orgs
- $41,309
- Other
- $6,746
- Hours/week
- 0.5 + 40 related
-
CHRIS BENSON
MANAGING DIRECTOR
- Total calculated
- $36,481
- From this org
- $0
- From related orgs
- $31,036
- Other
- $5,445
- Hours/week
- 0.5 + 40 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.
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.
-
501(C)(3) · TRAIN INDIVIDUALS TO PERFORM WEATHERIZATION SERVICE TO LOW INCOME HOUSEHOLDS · NJ · controlled entity
Directly controlled by ISLES INC
-
501(C)(3) · MANAGING INVESTMENT ACTIVITIES; SUPPORTING ORGANIZATION FOR ISLES, INC · NJ · controlled entity
Directly controlled by ISLES INC
-
501(C)(3) · PROVIDES HOUSING, GARDENING, RECREATION AND ENVIRONMENT EDUCATION · NJ
-
501(C)(3) · ACQUIRE, HOLD, SELL, REAL PROPERTY TO SUPPORT OTHER 501 (C)(3) ENTITIES · NJ · controlled entity
Directly controlled by ISLES INC
-
501(C)(2) · HOLDING COMPANY OF REAL ESTATE PROPERTY FOR ISLES, INC.'S EXEMPT PURPOSE · NJ · controlled entity
Directly controlled by ISLES INC
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 14 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503189349305600
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.