South Jersey Tourism Corporation A New Jersey Non-Profit Corporation is located in Haddon Township, NJ. The organization was established in 2004. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Jersey Tourism Corporation A New Jersey Non-Profit Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, South Jersey Tourism Corporation A New Jersey Non-Profit Corporation generated $189.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.4%) each year. All expenses for the organization totaled $198.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE SOUTH JERSEY TOURISM CORPORATION IS A NON PROFIT 501 (C)(3) CORPORATION WHOSE MISSION IS TO PROMOTE ECONOMIC DEVELOPMENT THROUGHOUT THE FIVE COUNTY REGION OF SOUTHERN NJ (MERCER, BURLINGTON, CAMDEN, GLOUCESTER AND SALEM) BY PROMOTING VISITATION TO THE REGION AND THE GROWTH OF TOURISM RELATED INDUSTRIES. DURING THE YEAR THE ORGANIZATION CONDUCTED A NUMBER OF PROGRAMS IN SUPPORT OF THEIR MISSION INCLUDING:1. DEVELOPING AND MAINTAINING A WEBSITE PROMOTING TOURISM IN SOUTH JERSEY 2. DEVELOPING AND SUPPORTING MARKETING AND ADVERTISING PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marlene Asselta Treasurer | 2 | $0 | |
Scott Donnini Secretary | 2 | $0 | |
Larry Sharott Chairperson | 2 | $0 | |
Pam Brant Co Chairperson | 2 | $0 | |
Gene Muller Past Chair. | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $188,805 |
Total Program Service Revenue | $405 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $189,210 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $3,170 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $570 |
Other expenses | $195,003 |
Total expenses | $198,743 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $181,988 |
Other assets | $0 |
Total assets | $290,613 |
Total liabilities | $161,665 |
Net assets or fund balances | $128,948 |
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