Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Asbury Park Zone Development Corp
EIN 22-3815926 • 501(c)3 • Asbury Park, NJ
Profile
The asbury park zone development corp's mission was to create employment opportunities for city residents by attracting new businesses to the city and assisted established city businesses to grow through the use of economic incentives. As of 6/30/15, the program is no longer funded by the state of new jersey urban enterprise authority.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
9th percentile
Faster asset growth than 9% of similar nonprofits.
Revenue Growth
14th percentile
Faster revenue growth than 14% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $119,488 (-100%) from 2014
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$0
Down $119,488 (-100%) from 2014
Revenue
Down$5,088
Down $6,968 (-58%) from 2014
Expenses
Down$20,648
Down $80,704 (-80%) from 2014
Net Income
Up-$15,560
Up $73,736 (+83%) from 2014
Trend Graphs
Filings
Most recent year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $0
- Liabilities
- -
- Net assets
- $0
- Revenue
- $5,088
- Expenses
- $20,648
- Net income
- -$15,560
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- Nov 17, 2015
- Return Version
- 2014v5.0
- Gross Receipts
- $5,088
Mission and Program Overview
Mission
The asbury park zone development corp's mission was to create employment opportunities for city residents by attracting new businesses to the city and assisted established city businesses to grow through the use of economic incentives. As of 6/30/15, the program is no longer funded by the state of new jersey urban enterprise authority.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THE PROGRAM FUNDS HAD BEEN INVESTED IN MARKETING PROGRAMS TO ATTRACT NEW BUSINESSES AND VISITORS TO SUPPORT THOSE BUSINESSES. FUNDS HAVE BEEN USED FOR MARKETING/ADVERTISING CAMPAIGNS, PUBLIC RELATIONS, STREET BANNERS, RECOVERY EFFORTS AFTER SUPERSTORM SANDY, AND SUPPORT FOR SPECIAL EVENTS. EFFECTIVE 6/30/15, THE OPERATING EFFORTS AND PROGRAMS OF THE ORGANIZATION HAVE BEEN TAKEN OVER BY THE CITY OF ASBURY PARK. | - | $15,427 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DON IRVIN | Chairman | - | $0 | - | - |
| THOMAS GILMOUR | Executive Di | PT | $0 | - | - |
| SARA ANN TOWERY | Secretary | PT | $0 | - | - |
| DANIEL DIBENEDETTO | Treasurer | - | $0 | - | - |
| DEBBIE DELISA | Director | - | $0 | - | - |
| PAMELA LAMBERTON | Director | - | $0 | - | - |
| MALCOLM NAVIAS | Director | - | $0 | - | - |
| MARILYN SCHLOSSBACH | Director | - | $0 | - | - |
| GWENDOLYN THOMAS | Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Asbury Park Zone Development Corp
- EIN
- 22-3815926
- Phone
- 7327752100
- Address
- ONE MUNICIPAL PLAZA, ASBURY PARK, NJ 07712
Signing Officer
- Name
- Thomas Gilmour
- Title
- Executive Director
- Phone
- 7327752100
- Signed
- 2015-11-17
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Roger K Stein CPA
- Address
- 2300 STATE ROUTE 66 STE 202, NEPTUNE, NJ 07753-4069
- Preparer
- Roger K Stein CPA
- Phone
- 7328691170
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses advertising and promotion 3,000 community expense 12,427 telephone 1,490 registration fees 30 bank charges 79 total 17,026”
Form 990-ez, Part I, Line 20
“Loans transfered & now mngd by city of asbury park -103,928”
Form 990-ez, Part II, Line 24
“Loans receivable 108,699 0 total 108,699 0”
Form 990-ez, Part III
“The asbury park zone development corp's mission was to create employment opportunities for city residents by attracting new businesses to the city and assisted established city businesses to grow through the use of economic incentives. As of 6/30/15, the program is no longer funded by the state of new jersey urban enterprise authority.”
Form 990-ez, Part III, Line 28
“The program funds had been invested in marketing programs to attract new businesses and visitors to support those businesses. Funds have been used for marketing/advertising campaigns, public relations, street banners, recovery efforts after superstorm sandy, and support for special events. Effective 6/30/15, the operating efforts and programs of the organization have been taken over by the city of asbury park.”
Raw XML Appendix198 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 5 | DIRECTOR |
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| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 108699 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | -103928 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 17026 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE ASBURY PARK ZONE DEVELOPMENT CORP'S MISSION WAS TO CREATE EMPLOYMENT OPPORTUNITIES FOR CITY RESIDENTS BY ATTRACTING NEW BUSINESSES TO THE CITY AND ASSISTED ESTABLISHED CITY BUSINESSES TO GROW THROUGH THE USE OF ECONOMIC INCENTIVES. AS OF 6/30/15, THE PROGRAM IS NO LONGER FUNDED BY THE STATE OF NEW JERSEY URBAN ENTERPRISE AUTHORITY. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE PROGRAM FUNDS HAD BEEN INVESTED IN MARKETING PROGRAMS TO ATTRACT NEW BUSINESSES AND VISITORS TO SUPPORT THOSE BUSINESSES. FUNDS HAVE BEEN USED FOR MARKETING/ADVERTISING CAMPAIGNS, PUBLIC RELATIONS, STREET BANNERS, RECOVERY EFFORTS AFTER SUPERSTORM SANDY, AND SUPPORT FOR SPECIAL EVENTS. EFFECTIVE 6/30/15, THE OPERATING EFFORTS AND PROGRAMS OF THE ORGANIZATION HAVE BEEN TAKEN OVER BY THE CITY OF ASBURY PARK. |
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| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
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| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 20648 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 15427 |
| IRS990EZ/TotalRevenueAmt | 0 | 5088 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
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| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.03000 |
| IRS990ScheduleA/InvestmentIncomePYPct | 0 | 0.04000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.96750 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.96060 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 236212 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
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| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 236212 |
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| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 244144 |
| IRS990ScheduleN/AssetsDistributedInd | 0 | true |
| IRS990ScheduleN/BondsOutstandingInd | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessor2Ind | 0 | false |
| IRS990ScheduleN/DirectorOfSuccessorInd | 0 | false |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | LOANS RECEIVABLE |
| IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt | 0 | 2015-06-30 |
| IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 103928 |
| IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | BALANCE |
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| IRS990ScheduleN/DispositionOfAssetsDetail/USAddress/AddressLine1Txt | 0 | ONE MUNICIPAL PLAZA |
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| IRS990ScheduleN/EmployeeOfSuccessor2Ind | 0 | false |
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| IRS990ScheduleN/LiabilitiesPaidInd | 0 | true |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING AND PROMOTION 3,000 COMMUNITY EXPENSE 12,427 TELEPHONE 1,490 REGISTRATION FEES 30 BANK CHARGES 79 TOTAL 17,026 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | LOANS TRANSFERED & NOW MNGD BY CITY OF ASBURY PARK -103,928 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | LOANS RECEIVABLE 108,699 0 TOTAL 108,699 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ASBURY PARK ZONE DEVELOPMENT CORP'S MISSION WAS TO CREATE EMPLOYMENT OPPORTUNITIES FOR CITY RESIDENTS BY ATTRACTING NEW BUSINESSES TO THE CITY AND ASSISTED ESTABLISHED CITY BUSINESSES TO GROW THROUGH THE USE OF ECONOMIC INCENTIVES. AS OF 6/30/15, THE PROGRAM IS NO LONGER FUNDED BY THE STATE OF NEW JERSEY URBAN ENTERPRISE AUTHORITY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE PROGRAM FUNDS HAD BEEN INVESTED IN MARKETING PROGRAMS TO ATTRACT NEW BUSINESSES AND VISITORS TO SUPPORT THOSE BUSINESSES. FUNDS HAVE BEEN USED FOR MARKETING/ADVERTISING CAMPAIGNS, PUBLIC RELATIONS, STREET BANNERS, RECOVERY EFFORTS AFTER SUPERSTORM SANDY, AND SUPPORT FOR SPECIAL EVENTS. EFFECTIVE 6/30/15, THE OPERATING EFFORTS AND PROGRAMS OF THE ORGANIZATION HAVE BEEN TAKEN OVER BY THE CITY OF ASBURY PARK. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 20 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 28 |
| ReturnHeader/BuildTS | 0 | 2016-04-25 22:37:26Z |
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| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | THOMAS GILMOUR |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7327752100 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-11-17 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ASBURY PARK ZONE DEVELOPMENT CORP |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ASBU |
| ReturnHeader/Filer/EIN | 0 | 223815926 |
| ReturnHeader/Filer/PhoneNum | 0 | 7327752100 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | ASBURY PARK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07712 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 222764031 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ROGER K STEIN CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2300 STATE ROUTE 66 STE 202 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEPTUNE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 077534069 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7328691170 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2015-11-17 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ROGER K STEIN CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2015-11-18T15:29:20-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
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