Totals
- Total revenue
- $1,146,947
- Total expenses
- $1,163,122
- Contributions and grants received
- $1,146,947
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $497,689
- Total liabilities, end of year
- $652,591
- Net assets or fund balances, end of year
- -$154,902
- Program services expenses (Part IX)
- $918,932
- Management and general expenses
- $244,190
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $918,932
Program services were 79.0% 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.
-
1e · Government grants (contributions)
$631,921
-
1f · All other contributions, gifts and grants
$515,026
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $123,559 · program services $86,403 · management and general $37,156
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $153,001 · program services $73,431 · management and general $79,570
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $23,375 · program services $5,408 · management and general $17,967
-
10 · Payroll taxes
total $21,521 · program services $12,319 · management and general $9,202
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $22,232 · management and general $22,232
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $0
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $84,524 · program services $48,383 · management and general $36,141
-
17 · Travel
total $0
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $6,499 · management and general $6,499
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $32,408 · program services $29,435 · management and general $2,973
-
23 · Insurance
total $48,484 · program services $27,754 · management and general $20,730
-
24a · Other expenses: Events and Promotions
total $468,390 · program services $468,390
-
24b · Other expenses: Program Costs
total $97,495 · program services $97,495
-
24c · Other expenses: Marketing
total $54,229 · program services $54,229
-
24d · Other expenses: Administrative
total $19,668 · program services $11,256 · management and general $8,412
-
24e · All other expenses
total $7,737 · program services $4,429 · management and general $3,308
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $18,342 · end of year $16,024
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $37,159 · end of year $30,337
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $21,937 · end of year $10,708
-
10a · Land, buildings and equipment: cost or other basis
$1,746,090
-
10b · Land, buildings and equipment: accumulated depreciation
$1,305,470
-
10c · Land, buildings and equipment, net
beginning of year $230,873 · end of year $440,620
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $4 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $170,375 · end of year $170,070
-
23 · Secured mortgages and notes payable
beginning of year $276,667 · end of year $135,000
-
24 · Unsecured notes and loans payable
end of year $120,001
-
25 · Other liabilities
end of year $227,520
-
27 · Net assets without donor restrictions
beginning of year -$138,727 · end of year -$154,902
Mission and programs · 2022
Mission
TO PROMOTE ECONOMIC GROWTH AND REVITALIZATION, ENHANCE COMMERCIAL VISIBILITY AND ATTRACTIVENESS OF THE LOCAL BUSINESS CLIMATE AND ENCOURAGE SELF-HELP PROGRAMS IN THE TOWN OF MORRISTOWN.
Activities or mission (Part I)
FOSTER AND ENCOURAGE SELF-HELP PROGRAMS TO ENHANCE THE LOCAL BUSINESS CLIMATE, PROVIDE ADMINSTRATIVE 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.
-
REVITALIZATION OF MORRISTOWN THROUGH LOCAL GIFT CERTIFICATE PROGRAM, SUPPORT OF LOCAL BUSINESS COMMUNITY, STREETSCAPE DESIGN AND LAMP POST MAINTENANCE, BUSINESS RECRUITMENT AND RETENTION, MARKETING, PROMOTIONS, EVENTS AND CAPITAL IMPROVEMENT PROJECTS.MARKETING AND PROMOTIONS $ 657,269SAFE AND CLEAN 40,218STREETSCAPE 113,957PARKING AND TRANSPORTATION 9,980BUSINESS RECRUITMENT AND RETENTION 58,129COMMUNITY AND GOVERNMENT RELATIONS 39,379
Expenses $918,932
As filed on the 2022 return.
Listed in Part VII
-
Jennifer WehringJENNIFER WEHRING
EXECUTIVE DIR
- Total calculated
- $123,559
- From this org
- $113,115
- From related orgs
- $0
- Other
- $10,444
- Hours/week
- 40
-
William BraunschweigerWILLIAM BRAUNSCHWEIGER
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Jeff RawdingJEFF RAWDING
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
John WalshJOHN WALSH
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Kim RyanKIM RYAN
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Barry GoffinBARRY GOFFIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Biagio ScottoBIAGIO SCOTTO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
David BernatDAVID BERNAT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Debra WeinsteinDEBRA WEINSTEIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dick TigheDICK TIGHE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jeff BabcockJEFF BABCOCK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Joe Lobozzo JrJOE LOBOZZO JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mark Von BradskyMARK VON BRADSKY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael WitkoMICHAEL WITKO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Nestor BedoyaNESTOR BEDOYA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ori KasneciORI KASNECI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Philip Del GiudicePHILIP DEL GIUDICE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Ryan DawsonRYAN DAWSON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Toshiba FosterTOSHIBA FOSTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313159349301866
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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