Isles Inc is located in Trenton, NJ. The organization was established in 1984. According to its NTEE Classification (L25) the organization is classified as: Housing Rehabilitation, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Isles Inc employed 141 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Isles Inc 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 12/2022, Isles Inc generated $9.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $10.2m during the year ending 12/2022. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Isles Inc has awarded 52 individual grants totaling $1,573,584. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO OFFER SERVICES IN LOW-INCOME COMMUNITIES (IN THE TRENTON AND THE SURROUNDING AREA) TO ADDRESS CRITICAL URBAN NEEDS IN THE AREAS OF COMMUNITY REVITALIZATION, URBAN AGRICULTURE, GREEN JOB TRAINING, YOUTH EDUCATION, VIOLENCE PREVENTION, CLIMATE IMPACT, LEAD REMEDIATION, ENERGY AND WEATHERIZATION SERVICES, FINANCIAL AND HOUSING COUNSELING AND EDUCATION AND RESEARCH AND POLICY IMPLEMENTATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY PLANNING AND DEVELOPMENT (CP&D) : ISLES COLLABORATES WITH RESIDENTS AND STAKEHOLDERS TO IDENTIFY COMMUNITY CONCERNS AND PRIORITIES; CREATE COMMUNITY-LED NEIGHBORHOOD PLANS; AND SECURE RESOURCES TO SUSTAIN NEIGHBORHOOD REVITALIZATION EFFORTS OVER THE LONG TERM. IN ADDITION, ISLES LEADS CITY-WIDE RESEARCH AND PLANNING INITIATIVES RELATED TO BLIGHT REDUCTION, CREATIVE PLACEMAKING, AND FOOD SYSTEMS. ISLES ALSO PURCHASES, IMPROVES, AND DEVELOPS REAL ESTATE IN DOWNTOWN TRENTON, AND MANAGES AND MAINTAINS AFFORDABLE HOUSING UNITS TO MODERATE THE MARKET AND ENSURE HEALTHY, SAFE, AFFORDABLE HOUSING REMAINS AVAILABLE FOR LONG-TERM RESIDENTS. IN 2022, THIS WORK INCLUDED THE FOLLOWING: PARTNERING WITH TRENTON CITY TO REVITALIZE BUSINESSES AND COMMUNITY THROUGH THE NEIGHBORHOOD PRESERVATION PROGRAM DESIGNED AND INSTALLED NEW SIGNAGE AND SAFETY MEASURES FOR 8 DOWNTOWN BUSINESSES ADVANCED CONSTRUCTION ON 15 UNITS OF AFFORDABLE HOUSING URBAN AGRICULTURE: ISLES SUPPORTS OVER 70 COMMUNITY, SCHOOL, BACKYARD, AND INSTITUTIONAL GARDENS- IN 2022, WE: PROVIDED 20+ WORKSHOPS IN GARDENING, NUTRITION, BEEKEEPING, AND COOKING, REACHING MORE THAN 200 YOUTH AND RESIDENTS DISTRIBUTED MORE THAN 200 FREE "GROW KITS" TO PROMOTE AT-HOME GARDENING, AND DONATED MORE THAN 700 LBS OF PRODUCE TO EMERGENCY FOOD SUPPLIERS SUPPORTED OVER 200 GARDENERS IN TRENTON
ISLES YOUTH INSTITUTE (IYI): IYI OFFERS ALTERNATIVE EDUCATION OPTIONS FOR DISENGAGED STUDENTS SEEKING THEIR HIGH SCHOOL EQUIVALENCY DIPLOMA, JOB SKILLS, AND LIFE SKILLS TRAINING. 33 CERTIFICATIONS WERE EARNED BY ISLES YOUTH INSTITUTE STUDENTS IN CPR, OSHA, AND PRE- APPRENTICESHIP CONSTRUCTION TRAINING 16 IYI STUDENTS GRADUATED EARNING THEIR HIGH SCHOOL DIPLOMAS. 58 STUDENTS, COMMUNITY MEMBERS AND ALUMNI PARTICIPATED IN VARIOUS INTERNAL AND EXTERNAL JOB TRAINING, INTERNSHIP, AND SUMMER EMPLOYMENT OPPORTUNITIES. MEANINGFUL COMMUNITY SERVICE PROJECTS FOR MORE THAN 30 YOUTH, WHICH INCLUDED BEAUTIFYING AND MAINTAINING THE TRENTON CITY HALL OUTDOOR ATRIUM AND IMPROVING COMMUNITY CENTERS. 50 YOUTH EARNED CERTIFICATIONS IN CPR, OSHA, AND PRE-APPRENTICE CONSTRUCTION TRAININGFINANCIAL SERVICES: ISLES CONTINUED TO OFFER HOMEBUYER AND FORECLOSURE COUNSELING TO PREPARE LOW- AND MODERATE-INCOME INDIVIDUALS FOR HOMEOWNERSHIP AND TO HELP FAMILIES AVOID FORECLOSURE. WE ALSO OFFERED ISLES FINANCIAL SOLUTIONS (IFS), AN EMPLOYER-BASED FINANCIAL CAPABILITY INITIATIVE FOR LOWER WAGE WORKERS THAT INCLUDES AN INNOVATIVE MIX OF FINANCIAL COACHING, CREDIT-BUILDING FINANCE, SAVINGS PRODUCTS, AND GROUP-BASED LEARNING. IFS WORKS WITH PRINCETON UNIVERSITY, CAPITAL HEALTH SYSTEMS AND LOCAL NONPROFITS. THIS YEAR: ISLES HAD 330 CUSTOMERS SEEKING HOUSING OR FORECLOSURE ADVICE OR ASSISTANCE 155 CUSTOMERS ATTENDED PRE-PURCHASE WORKSHOPS. 93 CUSTOMERS EARNED HOUSING CERTIFICATES (TO QUALIFY FOR FINANCIAL ASSISTANCE.) 34 CUSTOMERS PURCHASED A FIRST HOME. 319 CUSTOMERS RECEIVED IFS SERVICES
ISLES' CENTER FOR ENERGY AND ENVIRONMENTAL TRAINING (CEET): CEET IS A GREEN COLLAR JOB TRAINING FACILITY, TARGETING CAREERS IN ENERGY EFFICIENCY AND ENVIRONMENTAL HEALTH. THIS YEAR, CEET: TRAINED 177 INDIVIDUALS IN ENVIRONMENTAL HEALTH AND ENERGY EFFICIENCY (BOTH VIRTUALLY AND IN-PERSON) PROVIDED HEALTHY HOMES FOR 68 COMMUNITY HEALTH WORKERS PROVIDED SUPPORT FOR 25 UNEMPLOYED WORKERS TO GET EMPLOYED THROUGH THE CLEAN ENERGY JOBS PROGRAM LEAD SAFETY AND HEALTHY HOMES: ISLES CONTINUED TO PROVIDE RETROFITS TO LOW-INCOME HOMES TO IMPROVE ENERGY EFFICIENCY AND REMOVE LEAD, MOLD/MOISTURE, ASTHMA TRIGGERS, FALL AND BURN HAZARDS AND OTHER NEGATIVE INDOOR HEALTH CONDITIONS. IN ADDITION, ISLES CONTINUES TO BE A STRONG ADVOCATE FOR LEAD AND HEALTHY HOMES PUBLIC EDUCATION, POLICY CHANGE AND INCREASED FUNDING FOR REMEDIATION OF LEAD CONTAMINATED HOMES. THIS YEAR, ISLES: CONDUCTED 221 LEAD AND HEALTHY HOMES ASSESSMENTS MADE 43 HOMES LEAD SAFE IMPROVED HEATING SYSTEMS AND ENERGY-EFFICIENCY IN 130 HOMES
SOCIAL PROFIT CENTER AT MILL ONE: IS A HISTORIC FORMER TEXTILE MILL ON THE TRENTON/HAMILTON BORDER THAT ISLES CONVERTED INTO A HIGH-PERFORMING, MIXED USE REGIONAL HUB FOR DOZENS OF SOCIAL PROFIT ORGANIZATIONS. THE CENTER FOSTERS A COLLABORATIVE ENVIRONMENT FOR ORGANIZATIONS TO THRIVE AND FIND NEW WAYS TO STRENGTHEN COMMUNITIES THROUGH CAPACITY BUILDING PROGRAMMING AND TECHNICAL ASSISTANCE. IN 2022, WE: SECURED 30 TENANTS INCLUDING NON PROFIT AND FOR PROFIT COMPANIES REPRESENTING 95% OCCUPANCY CURRENTLY HOST MONTHLY MEETINGS AND QUARTERLY MIXERS WITH TENANTS TO FOSTER A COLLABORATIVE ENVIRONMENT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sean Jackson Ex-Officio | OfficerTrustee | 36 | $134,135 |
Jeffrey Stoller Trustee | Trustee | 0.5 | $0 |
Pandya Hemanshu Trustee | Trustee | 0.5 | $0 |
Matthew Wasserman Trustee | Trustee | 0.5 | $0 |
Karen Mcguinness Trustee | Trustee | 0.5 | $0 |
Stephen R Longley Trustee | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mf Brown Llc Weatherization Work | 12/30/22 | $234,553 |
Arthur's Heating & Ac Heating Work And Related Installations | 12/30/22 | $232,299 |
Murawksi & Sons Heating Work And Related Installations | 12/30/22 | $187,682 |
Environmental Testing Services Llc Lead Risk Assessment And Clearance | 12/30/22 | $161,375 |
Tahshin Construction Llc Lead Rememdiation And Abatement | 12/30/22 | $134,479 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $77,500 |
Related organizations | $0 |
Government grants | $6,383,659 |
All other contributions, gifts, grants, and similar amounts not included above | $2,331,506 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,792,665 |
Total Program Service Revenue | $217,146 |
Investment income | $420,222 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $99,878 |
Net Gain/Loss on Asset Sales | $98 |
Net Income from Fundraising Events | -$16,196 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $9,600,432 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $195,322 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $4,283,830 |
Compensation of current officers, directors, key employees. | $320,804 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $122,834 |
Other employee benefits | $463,668 |
Payroll taxes | $419,781 |
Fees for services: Management | $53,580 |
Fees for services: Legal | $12,672 |
Fees for services: Accounting | $59,001 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,311,680 |
Advertising and promotion | $6,400 |
Office expenses | $95,123 |
Information technology | $153,511 |
Royalties | $0 |
Occupancy | $468,774 |
Travel | $62,621 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $325,162 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $217,413 |
Insurance | $134,096 |
All other expenses | $21,607 |
Total functional expenses | $10,171,216 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $288,676 |
Savings and temporary cash investments | $55,027 |
Pledges and grants receivable | $1,252,520 |
Accounts receivable, net | $2,472,732 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $7,992,541 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $4,151,512 |
Investments—publicly traded securities | $1,642,246 |
Investments—other securities | $14,300 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $7,114,248 |
Total assets | $24,983,802 |
Accounts payable and accrued expenses | $852,048 |
Grants payable | $0 |
Deferred revenue | $437,188 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $5,256,381 |
Unsecured mortgages and notes payable | $45,126 |
Other liabilities | $2,960 |
Total liabilities | $6,593,703 |
Net assets without donor restrictions | $14,450,327 |
Net assets with donor restrictions | $3,939,772 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $24,983,802 |
Over the last fiscal year, Isles Inc has awarded $162,522 in support to 7 organizations.
Grant Recipient | Amount |
---|---|
COMMUNITY LOAN FUND OF NEW JERSEY INC PURPOSE: HEALTHY HOUSING GRANT | $10,000 |
BRITTANY LITTLEJOHN PURPOSE: SMALL BUSINESS GRANT | $5,000 |
CITY DELI LLC PURPOSE: SMALL BUSINESS GRANT | $6,400 |
NEW JERSEY SHARES INC PURPOSE: OUTREACH PROGRAM | $89,000 |
RAZOR SHARP BARBER AND BEAUTY SHOP PURPOSE: SMALL BUSINESS GRANT | $8,500 |
TRENTON HEALTH TEAM INC PURPOSE: DATA DRIVEN SOLUTIONS | $31,322 |