Highlands Economic Development and Tourism Corp TOURISM CORP
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- West Milford, NJ
- Founding
- 02/2015
- Data as of
- 12/2019
- EIN
- 46-2342112
Organization Overview
Highlands Economic Development and Tourism Corp TOURISM CORP is located in West Milford, NJ. The organization was established in 2015. 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. Highlands Economic Development and Tourism Corp TOURISM CORP 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 12/2019, Highlands Economic Development and Tourism Corp TOURISM CORP generated $3.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.6%) each year. All expenses for the organization totaled $4.3k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
DONATION TO A LOCAL CHARITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Kindergan Secretary/treasurer | 0 | $0 | |
Paul Zarrillo Vice Chariman | 0 | $0 | |
Tim Wagner Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $800 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,019 |
| Other Revenue | $0 |
| Total Revenue | $3,819 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $776 |
| Professional fees and other payments to independent contractors | $1,099 |
| Occupancy, rent, utilities, and maintenance | $1,342 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,122 |
| Total expenses | $4,339 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Dauphin County Economic Development Corporation Harrisburg, PA | $8,424,591 | $10,449,757 |
Ben Franklin Technology Partners Of Northeastern Pennsylvania Inc Bethlehem, PA | $58,069,128 | $6,233,285 |
Greater Pittsburgh Convention & Visitors Bureau Inc Pittsburgh, PA | $10,210,665 | $8,196,256 |
Structured Employment Economic Development Corporation New York, NY | $3,440,081 | $6,983,803 |
Delaware Valley Industrial Resource Center Philadelphia, PA | $2,959,574 | $7,894,285 |
Elizabeth Development Company Of New Jersey Elizabeth, NJ | $19,921,454 | $5,978,138 |
Pa Irc Network Foundation Williamsport, PA | $229,668 | $6,193,798 |