Form 990, Part VI, Section A, line 2
“one board member serves on the board of an organization that another board members is the CEO of.”
990 • Fiscal year 2016 • EIN 26-1307260
Scores are not available for this record yet.
Assets
Flat$1,235,879
Flat from 2016
Net Assets
Up$1,113,718
Up $22,573 (+2.1%) from 2016
Liabilities
Down$122,161
Down $22,573 (-16%) from 2016
Revenue
Flat$913,543
Flat from 2016
Expenses
Down$252,235
Down $22,573 (-8.2%) from 2016
Net Income
Up$661,308
Up $22,573 (+3.5%) from 2016
Broker, foster, and leverage private, public, and community resources to enhance and promote redevelopment initiatives that will revitalize the city of trenton, new jersey with a particular emphasis on the downtown.
Broker, Foster and leverage private, public and community resources to enhance and promote redevelopment initiatives that will revitalize the City of Trenton, New Jersey with a particular emphasis on the downtown.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Cash and Non-Interest-Bearing Accounts | $343,148 | $762,662 | ▲ $419,514 |
| Pledges and Grants Receivable | $120,000 | $455,632 | ▲ $335,632 |
| Land, Buildings, and Equipment, Net | $0 | $17,585 | ▲ $17,585 |
| Total Assets | $463,148 | $1,235,879 | ▲ $772,731 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $405 | $122,161 | ▲ $121,756 |
| Total Liabilities | $405 | $122,161 | ▲ $121,756 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $462,743 | $924,051 | ▲ $461,308 |
| Temporarily Rstr Net Assets | - | $189,667 | - |
| Total Net Assets Fund Balance | $462,743 | $1,113,718 | ▲ $650,975 |
| Total Liabilities and Net Assets / Fund Balance | $463,148 | $1,235,879 | ▲ $772,731 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $17,585 | $432 | $18,017 |
| Name | Title |
|---|---|
| Bernard M Flynn | co-chair |
| Caren S Franzini | Co-Chair |
| Brenda Ross-Dulan | trustee |
| Dennis Dooley | trustee |
| Kevin Cummings | trustee |
| Paul Biondi | trustee |
| Ramona E Romero | trustee |
| Rebecca Tillet | trustee |
| Robert E Curley III | trustee |
| george sowa | trustee |
| - | CEO |
| Anthony J cimino | Secretary |
| George A Pruitt | Treasurer |
| Line Item | Amount |
|---|---|
| Other Expenses | $130,676 |
| Salaries, Compensation, and Employee Benefits | $121,559 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $109,189 | - | - | $109,189 |
| Fees for Services Other | $82,895 | - | - | $82,895 |
| Insurance | $13,868 | - | - | $13,868 |
| Payroll Taxes | $12,370 | - | - | $12,370 |
| Fees for Services Accounting | $11,000 | - | - | $11,000 |
| Office Expenses | $7,819 | - | - | $7,819 |
| Travel | $3,542 | - | - | $3,542 |
| Conferences and Meetings | $3,155 | - | - | $3,155 |
| Other Expenses | $1,367 | - | - | $1,367 |
| Advertising | $766 | - | - | $766 |
| Depreciation Depletion | $432 | - | - | $432 |
| Total Functional Expenses | $252,235 | $0 | $0 | $252,235 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $259,151 |
| Expenses per Audited Statements | $252,235 |
| Total Expenses per Form 990 | $252,235 |
| Expenses Not Reported on Form 990 | $6,916 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
“one board member serves on the board of an organization that another board members is the CEO of.”
“the organizations organizing documents were amended to refleect the change in name”
“The governing body was provided a copy of the form 990 to review prior to its filing.”
“board members annually sign a conflict of interest policy”
“Certain documents are made available to the public upon request”
“contract services: Program service expenses 56,069. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,069. Consultant: Program service expenses 26,826. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,826.”
“organization has a committee responsible for the oversight of the audit as well as selection of the independent accountant.”
“The Internal Revenue Service has recognized GT as a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code and its income is exempt from federal and state income tax.GT has no unrecognized tax benefits at December 31, 2016 and 2015. GT's federal and state income tax returns prior to calendar years 2013 and 2012, respectively, are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. GT's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in management and general expenses.”
“Donated Rent 6,916.”
“Pledge Discount 10,333.”
“Donated Rent 6,916.”
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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|---|---|---|
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| IRS990/ActivityOrMissionDesc | 0 | Broker, Foster and leverage private, public and community resources to enhance and promote redevelopment initiatives that will revitalize the City of Trenton, New Jersey with a particular emphasis on the downtown. |
| IRS990/AdvertisingGrp/ProgramServicesAmt | 0 | 766 |
| IRS990/AdvertisingGrp/TotalAmt | 0 | 766 |
| IRS990/AllOtherContributionsAmt | 0 | 913543 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
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| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 6097771770 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 102 Barrack Street |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Trenton |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 08608 |
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| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 343148 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 762662 |
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| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
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| IRS990/DepreciationDepletionGrp/TotalAmt | 0 | 432 |
| IRS990/Desc | 0 | Broker, foster and leverage private, public and community resources to enhance and promote development and redevelopment initiatives that will revitalize the City of Trenton, New Jersey with a particular emphasis on the downtown. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | Treasurer |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | trustee |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | trustee |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | ceo |
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| IRS990/PrincipalOfficerNm | 0 | George d sowa |
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| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | MiscIncome - 2015 Amount: $ 100. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part II, Line 10, Explanation of Other Income: |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
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| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1450043 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 105 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 161 |
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| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 5000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 111500 |
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| IRS990ScheduleA/TotalSupportAmt | 0 | 1450536 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleD/FootnoteTextInd | 0 | X |
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| IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt | 0 | 432 |
| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 18017 |
| IRS990ScheduleD/OtherRevenueAmt | 0 | 6916 |
| IRS990ScheduleD/OtherRevenuesNotIncludedAmt | 0 | 10333 |
| IRS990ScheduleD/RevenueNotReportedAmt | 0 | 6916 |
| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 10333 |
| IRS990ScheduleD/RevenueSubtotalAmt | 0 | 903210 |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Internal Revenue Service has recognized GT as a tax exempt organization under Section 501(c)(3) of the Internal Revenue Code and its income is exempt from federal and state income tax.GT has no unrecognized tax benefits at December 31, 2016 and 2015. GT's federal and state income tax returns prior to calendar years 2013 and 2012, respectively, are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. GT's policy is to recognize interest related to unrecognized tax benefits in interest expense and penalties in management and general expenses. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 1 | Donated Rent 6,916. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 2 | Pledge Discount 10,333. |
| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 3 | Donated Rent 6,916. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X, Line 2: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part XI, Line 2d - Other Adjustments: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Part XI, Line 4b - Other Adjustments: |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Part XII, Line 2d - Other Adjustments: |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | one board member serves on the board of an organization that another board members is the CEO of. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | the organizations organizing documents were amended to refleect the change in name |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE GOVERNING BODY WAS PROVIDED A COPY OF THE FORM 990 TO REVIEW PRIOR TO ITS FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | board members annually sign a conflict of interest policy |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | CERTAIN DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | contract services: Program service expenses 56,069. Management and general expenses 0. Fundraising expenses 0. Total expenses 56,069. Consultant: Program service expenses 26,826. Management and general expenses 0. Fundraising expenses 0. Total expenses 26,826. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | organization has a committee responsible for the oversight of the audit as well as selection of the independent accountant. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part IX, line 11g |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | form 990, partxii, lince 2c |
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| IRS990/SignificantChangeInd | 0 | 0 |
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| IRS990/StatesWhereCopyOfReturnIsFldCd | 0 | NJ |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 122161 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 405 |
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| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 924051 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 102 Barrack Street |
| IRS990/USAddress/CityNm | 0 | Trenton |
| IRS990/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990/USAddress/ZIPCd | 0 | 08608 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 12 |
| IRS990/VotingMembersIndependentCnt | 0 | 12 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | George Sowa |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | ceo |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6097771770 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Greater Trenton Inc |
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Displayed year
2016 • Form 990Detailed filing. Detailed filing data is available for this year.