Form 990 for tax year 2025
Filed by NEW JERSEY CORPORATION FOR ADVANCED TECHNOLOGY.
Totals
- Total revenue
- $421,000
- Total expenses
- $350,820
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $421,000
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $229,691
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $229,691
- Program services expenses (Part IX)
- $343,894
- Management and general expenses
- $6,926
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $343,894
Program services were 98.0% 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: NJDEP GSHP STUDY
total $276,000 · related or exempt $276,000
-
2b · Program service revenue: VERIFICATION FEES
total $145,000 · related or exempt $145,000
Functional expenses
Part IX, the statement of functional expenses.
-
11c · Fees: accounting
total $2,915 · management and general $2,915
-
11g · Fees: other
total $343,894 · program services $343,894
-
13 · Office expenses
total $86 · management and general $86
-
14 · Information technology
total $267 · management and general $267
-
16 · Occupancy
total $2,025 · management and general $2,025
-
17 · Travel
total $90 · management and general $90
-
23 · Insurance
total $470 · management and general $470
-
24a · Other expenses: GEEA AWARDS
total $960 · management and general $960
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $80 · management and general $80
-
24c · Other expenses: FILING FEES
total $33 · management and general $33
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $159,511 · end of year $229,691
-
10a · Land, buildings and equipment: cost or other basis
$21,879
-
10b · Land, buildings and equipment: accumulated depreciation
$21,879
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $159,511 · end of year $229,691
Mission and programs · 2025
Mission
THE ORGANIZATION'S PRIMARY EXEMPT FUNCTION IS TO PROMOTE IN NEW JERSEY THE DEVELOPMENT OF NEW TECHNOLOGIES FOR ENVIRONMENTAL PROTECTION AND REMEDIATION AND ENERGY CONSERVATION. THE ORGANIZATION FUNCTIONS AS A PUBLIC PRIVATE PARTNERSHIP TO PROVIDE A FORUM FOR THE SHOWCASING OF NEW TECHNOLOGIES, TO ASSIST THE NEW JERSEY DEPARTMENT OF ENVIRONMENTAL PROTECTION ('NJDEP') IN CARRYING OUT MULTI-STATE AND INTERNATIONAL PROGRAMS OF REGULATORY COOPERATION AND TO CONDUCT A CERTIFICATION PROGRAM TO VERIFY THE CAPABILITIES OF NEW TECHNOLOGIES.
Activities or mission (Part I)
THE ORGANIZATION'S PRIMARY EXEMPT FUNCTION IS TO PROMOTE IN NEW JERSEY THE DEVELOPMENT OF NEW TECHNOLOGIES FOR ENVIRONMENTAL PROTECTION AND REMEDIATION AND ENERGY CONSERVATION. THE ORGANIZATION FUNCTIONS AS A PUBLIC PRIVATE PARTNERSHIP TO PROVIDE A FORUM FOR THE SHOWCASING OF NEW TECHNOLOGIES, TO ASSIST THE NEW JERSEY DEPARTMENT OF ENVIRONMENTAL PROTECTION ("NJDEP") IN CARRYING OUT MULTI-STATE AND INTERNATIONAL PROGRAMS OF REGULATORY COOPERATION AND TO CONDUCT A CERTIFICATION PROGRAM TO VERIFY THE CAPABILITIES OF NEW TECHNOLOGIES.
-
THE ORGANIZATION'S PRIMARY EXEMPT FUNCTION IS TO PROMOTE IN NEW JERSEY THE DEVELOPMENT OF NEW TECHNOLOGIES FOR ENVIRONMENTAL PROTECTION AND REMEDIATION AND ENERGY CONSERVATION. THE ORGANIZATION FUNCTIONS AS A PUBLIC PRIVATE PARTNERSHIP TO PROVIDE A FORUM FOR THE SHOWCASING OF NEW TECHNOLOGIES, TO ASSIST THE NEW JERSEY DEPARTMENT OF ENVIRONMENTAL PROTECTION ('NJDEP') IN CARRYING OUT MULTI-STATE AND INTERNATIONAL PROGRAMS OF REGULATORY COOPERATION AND TO CONDUCT A CERTIFICATION PROGRAM TO VERIFY THE CAPABILITIES OF NEW TECHNOLOGIES.
Expenses $343,894 · Revenue $421,000
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Richard S MageeRICHARD S MAGEE
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 10
-
Christos Christodoulatos PhDCHRISTOS CHRISTODOULATOS PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John Ferrante PE PpJOHN FERRANTE PE PP
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Serpil Guran PhDSERPIL GURAN PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Stanley Labruna RetdSTANLEY LABRUNA RETD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
John B Wilkinson RetdJOHN B WILKINSON RETD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
-
Daniel Watts PhDDANIEL WATTS PHD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 5
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
- 2025
- Filed
- 5 February 2026
- IRS schema version
- 2025v4.0
- Source object
- 202610419349300236
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