Highlands Business Partnership Inc
- Assets
- $120.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Highlands, NJ
- Founding
- 02/2000
- Data as of
- 12/2021
- EIN
- 22-3665400
Organization Overview
Highlands Business Partnership Inc is located in Highlands, NJ. The organization was established in 2000. According to its NTEE Classification (S30) the organization is classified as: 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. Highlands Business Partnership 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 12/2021, Highlands Business Partnership Inc generated $175.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $121.1k during the year ending 12/2021. 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
HIGHLANDS BUSINESS PARTNERSHIP IS FUNDED ANNUALLY BY A VOLUNTARY ASSESSMENT OF BUSINESS OWNERS IN HIGHLANDS, EVENTS, SPONSORS AND TAX DEDUCTIBLE DONATIONS. HIGHLANDS BUSINESS PARTNERSHIP, A NONPROFIT CORPORATION AND COMMERCIAL ALLIANCE, FOUNDED IN 1999, WORKS ON BEHALF OF ALL THOSE WHO LIVE, WORK OR INVEST IN HIGHLANDS TO FOSTER HIGHLANDS' ECONOMIC DEVELOPMENT, ADVOCATE CONTINUED REVITALIZATION, PRESERVE OUR HISTORIC PAST, AND STRENGTHEN THE ECONOMIC, CULTURAL AND COMMERCIAL CONTRIBUTIONS IN HIGHLANDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Cosgrove President | 15 | $0 | |
Doug Lentz Vice President | 10 | $0 | |
Donica Basinger Secretary | 15 | $0 | |
Kim Slate Treasurer | 15 | $0 | |
Carla Cefalo Volunteer Ed | 5 | $0 | |
David Baker Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,175 |
| Total Program Service Revenue | $118,474 |
| Membership dues | $0 |
| Investment income | $91 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $175,740 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,174 |
| Professional fees and other payments to independent contractors | $2,601 |
| Occupancy, rent, utilities, and maintenance | $13,519 |
| Printing, publications, postage, and shipping | $110 |
| Other expenses | $82,302 |
| Total expenses | $121,090 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,500 |
| Other assets | $0 |
| Total assets | $119,968 |
| Total liabilities | $24,999 |
| Net assets or fund balances | $94,969 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pidc-Developement Management Corporation Philadelphia, PA | $0 | $30,722,052 |
Delaware River Waterfront Corporation Philadelphia, PA | $26,551,411 | $24,883,136 |
T R W I B Inc Pittsburgh, PA | $14,392,055 | $22,959,509 |
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Insitech Inc Warren, NJ | $450,270 | $14,466,949 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |
Riverfront Development Corporation Of Delaware Wilmington, DE | $140,150,021 | $1,670,893 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Sports Fans Coalition Ny Inc Ronkonkoma, NY | $633,460 | $8,459,536 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Choose New Jersey Inc Newark, NJ | $7,145,867 | $9,053,939 |