Civic Intelligence

Keyport Bid Inc

EIN 45-4131049 • 501(c)3 • Keyport, NJ

Profile

To foster the economic development and revitalization of the business community and strengthen its contributions to residents and property owners within the borough of keyport.

Refreshing map…

70 W Front StKeyport, NJ 07735

www.visitkeyport.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

75th percentile

0.05x

Higher debt load relative to assets than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

0.04x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

66th percentile

12%

Higher net margin than 66% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

75th percentile

18%

Faster asset growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

-3.5%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets75th percentile

Assets

Up

$137,841

Up $20,791 (+18%) from 2023

Liabilities

Flat

$7,190

Flat from 2023

Net Assets

Up

$130,651

Up $20,791 (+19%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin66th percentile

Revenue

Down

$176,415

Down $6,417 (-3.5%) from 2023

Expenses

Down

$155,624

Down $71,518 (-31%) from 2023

Net Income

Up

$20,791

Up $65,101 (+147%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth75th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2012: $79,593Liabilities 2012: $0Net Assets 2012: $79,5932012Assets 2013: $101,023Liabilities 2013: $0Net Assets 2013: $101,0232013Assets 2014: $81,573Liabilities 2014: $0Net Assets 2014: $81,5732014Assets 2015: $58,658Liabilities 2015: $0Net Assets 2015: $58,6582015Assets 2016: $68,169Liabilities 2016: $0Net Assets 2016: $68,1692016Assets 2017: $49,280Liabilities 2017: $0Net Assets 2017: $49,2802017Assets 2018: $54,948Liabilities 2018: $0Net Assets 2018: $54,9482018Assets 2019: $67,458Liabilities 2019: $0Net Assets 2019: $67,4582019Assets 2020: $141,640Liabilities 2020: $0Net Assets 2020: $141,6402020Assets 2021: $199,837Liabilities 2021: $19,357Net Assets 2021: $180,4802021Assets 2022: $161,360Liabilities 2022: $7,190Net Assets 2022: $154,1702022Assets 2023: $117,050Liabilities 2023: $7,190Net Assets 2023: $109,8602023Assets 2024: $137,841Liabilities 2024: $7,190Net Assets 2024: $130,6512024

Highlighted filing

2024

Assets$137,841
Liabilities$7,190
Net Assets$130,651
Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2012: $153,720Expenses 2012: $74,127Net Income 2012: $79,5932012Revenue 2013: $153,241Expenses 2013: $131,811Net Income 2013: $21,4302013Revenue 2014: $134,025Expenses 2014: $153,475Net Income 2014: -$19,4502014Revenue 2015: $136,796Expenses 2015: $159,634Net Income 2015: -$22,8382015Revenue 2016: $148,064Expenses 2016: $138,553Net Income 2016: $9,5112016Revenue 2017: $173,457Expenses 2017: $194,442Net Income 2017: -$20,9852017Revenue 2018: $174,828Expenses 2018: $165,960Net Income 2018: $8,8682018Revenue 2019: $194,653Expenses 2019: $182,143Net Income 2019: $12,5102019Revenue 2020: $174,500Expenses 2020: $100,317Net Income 2020: $74,1832020Revenue 2021: $176,288Expenses 2021: $137,448Net Income 2021: $38,8402021Revenue 2022: $177,348Expenses 2022: $203,658Net Income 2022: -$26,3102022Revenue 2023: $182,832Expenses 2023: $227,142Net Income 2023: -$44,3102023Revenue 2024: $176,415Expenses 2024: $155,624Net Income 2024: $20,7912024

Highlighted filing

2024

Revenue$176,415
Expenses$155,624
Net Income$20,791
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$137,841
Liabilities
$7,190
Net assets
$130,651
Revenue
$176,415
Expenses
$155,624
Net income
$20,791
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.38$0.07$1.31$1.76$1.56$0.21
2023Detailed filing. Detailed filing data is available for this year.$1.17$0.07$1.10$1.83$2.27$0.44
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.07$1.54$1.77$2.04$0.26
2021Detailed filing. Detailed filing data is available for this year.$2.00$0.19$1.80$1.76$1.37$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$1.75$1.00$0.74
2019Detailed filing. Detailed filing data is available for this year.$0.67$0.00$0.67$1.95$1.82$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.55$0.00$0.55$1.75$1.66$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.49$0.00$0.49$1.73$1.94$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.68$0.00$0.68$1.48$1.39$0.10
2015Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$1.37$1.60$0.23
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$1.34$1.53$0.19
2013Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$1.53$1.32$0.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.00$0.80$1.54$0.74$0.80
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$176,415
Mission and Program Overview

Mission

To foster the economic devlopment and revitalization of the business community and strengthen its contributions to residents and property owners within the borough of keyport.

To foster the economic development and revitalization of the business community and strengthen its contributions to residents and property owners within the borough of keyport.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,300$135,823▲ $104,523
Accounts Receivable$85,750$2,018▼ $83,732
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$117,050$137,841▲ $20,791
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$7,190$7,190→ $0
Total Liabilities$7,190$7,190→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$109,860$128,752▲ $18,892
Net Assets With Donor Restrictions-$1,899-
Total Net Assets Fund Balance$109,860$130,651▲ $20,791
Total Liabilities and Net Assets / Fund Balance$117,050$137,841▲ $20,791
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Rose AraneoPresident
Joseph MerlaVice President
MELISSA O'CONNELLVice President
Susan MontantiVice-president
Al LitwakDirector
Chris MateyDirector
Jacqueline MachadoDirector
Jason FaltingsDirector
Jetmir KacajDirector
Joseph PesceDirector
Stephen GrossDirector
Yulia KravchinDirector
Genevieve Andrews - KellySecretary
Elena BurkeTreasurer
Joanne ColonelloTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$899
Program Service Revenue
$175,516
Investment Income
$0
Other Revenue
$0
All Other Contributions
$899
Change in Net Assets
$20,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$176,415
Revenue Not Reported on Form 990
$6,000
Total Revenue per Audited Statements
$182,415
Total Revenue per Form 990
$176,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$129,228
Salaries, Compensation, and Employee Benefits$26,396
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$53,783--$53,783
Other Salaries and Wages-$24,023-$24,023
Fees for Services Legal-$9,740-$9,740
Fees for Services Accounting-$2,710-$2,710
Payroll Taxes-$2,373-$2,373
All Other Expenses-$991-$991
Insurance-$752-$752
Office Expenses-$576-$576
Other Expenses$14,738$516-$516
Total Functional Expenses$112,250$43,374$0$155,624

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$161,624
Expenses per Audited Statements$155,624
Total Expenses per Form 990$155,624
Expenses Not Reported on Form 990$6,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“It is the organization's policy to present the form 990 to the full board of directors for review.”

Form 990, Part VI, Section C, Line 19

“The Form 990 is available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Keyport Bid Inc
EIN
45-4131049
Phone
7323440590
Address
70 W FRONT ST, KEYPORT, NJ 07735

Signing Officer

Name
Rose Araneo
Title
President
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rose Araneo
Voting Board Members
12
Independent Board Members
0
Employees
1

Preparer

Firm
Polcari & Co CPAs
Address
2035 Hamburg Turnpike Unit H, Wayne, NJ 07470
Preparer
Anthony G Polcari
Phone
9738316969
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“Note 4 Accounting for Uncertainty in Income TaxesAccounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Generally accepted accounting principles prescribe a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. For the Organization, tax positions taken include the entitys status as a not-for-profit corporation and the approval and qualifications for this status. The Association files an annual Form 990 with the Internal Revenue Service and its tax returns for the year 2020 and subsequent years remain subject to examination by tax authorities.”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Donated Use of Facilities $6000”

Raw XML AppendixShowing 400 of 465 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt07190
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt07190
IRS990/AccountsReceivableGrp/BOYAmt085750
IRS990/AccountsReceivableGrp/EOYAmt02018
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO FOSTER THE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE BUSINESS COMMUNITY AND STRENGTHEN ITS CONTRIBUTIONS TO RESIDENTS AND PROPERTY OWNERS WITHIN THE BOROUGH OF KEYPORT.
IRS990/AdvertisingGrp/ProgramServicesAmt053783
IRS990/AdvertisingGrp/TotalAmt053783
IRS990/AllOtherContributionsAmt0899
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0991
IRS990/AllOtherExpensesGrp/TotalAmt0991
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0JOANNE COLONNELLO TREASURER
IRS990/BooksInCareOfDetail/PhoneNum08778295500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt070 W FRONT STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0KEYPORT
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd008332
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt031300
IRS990/CashNonInterestBearingGrp/EOYAmt0135823
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0899
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0129228
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0175516
IRS990/CYRevenuesLessExpensesAmt020791
IRS990/CYSalariesCompEmpBnftPaidAmt026396
IRS990/CYTotalExpensesAmt0155624
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0176415
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0TO FOSTER THE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE BUSINESS COMMUNITY AND STRENGTHEN ITS CONTRIBUTIONS TO RESIDENTS AND PROPERTY OWNERS WITHIN THE BOROUGH OF KEYPORT.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01899
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0112250
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02710
IRS990/FeesForServicesAccountingGrp/TotalAmt02710
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt09740
IRS990/FeesForServicesLegalGrp/TotalAmt09740
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/PersonNm0JETMIR KACAJ
IRS990/Form990PartVIISectionAGrp/PersonNm1YULIA KRAVCHIN
IRS990/Form990PartVIISectionAGrp/PersonNm2STEPHEN GROSS
IRS990/Form990PartVIISectionAGrp/PersonNm3JOSEPH MERLA
IRS990/Form990PartVIISectionAGrp/PersonNm4GENEVIEVE ANDREWS - KELLY
IRS990/Form990PartVIISectionAGrp/PersonNm5ROSE ARANEO
IRS990/Form990PartVIISectionAGrp/PersonNm6JASON FALTINGS
IRS990/Form990PartVIISectionAGrp/PersonNm7JACQUELINE MACHADO
IRS990/Form990PartVIISectionAGrp/PersonNm8ELENA BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm9CHRIS MATEY
IRS990/Form990PartVIISectionAGrp/PersonNm10JOSEPH PESCE
IRS990/Form990PartVIISectionAGrp/PersonNm11AL LITWAK
IRS990/Form990PartVIISectionAGrp/PersonNm12MELISSA O'CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm13SUSAN MONTANTI
IRS990/Form990PartVIISectionAGrp/PersonNm14JOANNE COLONELLO
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt13VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt14TREASURER
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0176415
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt0752
IRS990/InsuranceGrp/TotalAmt0752
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0TO FOSTER THE ECONOMIC DEVELOPMENT AND REVITALIZATION OF THE BUSINESS COMMUNITY AND STRENGTHEN ITS CONTRIBUTIONS TO RESIDENTS AND PROPERTY OWNERS WITHIN THE BOROUGH OF KEYPORT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0109860
IRS990/NetAssetsOrFundBalancesEOYAmt0130651
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0109860
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0128752
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0576
IRS990/OfficeExpensesGrp/TotalAmt0576
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0EVENTS
IRS990/OtherExpensesGrp/Desc1VISUAL IMPROVEMENTS
IRS990/OtherExpensesGrp/Desc2OFFICE SUPPLIES
IRS990/OtherExpensesGrp/Desc3PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01693
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1516
IRS990/OtherExpensesGrp/ProgramServicesAmt043729
IRS990/OtherExpensesGrp/ProgramServicesAmt114738
IRS990/OtherExpensesGrp/TotalAmt043729
IRS990/OtherExpensesGrp/TotalAmt114738
IRS990/OtherExpensesGrp/TotalAmt21693
IRS990/OtherExpensesGrp/TotalAmt3516
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt024023
IRS990/OtherSalariesAndWagesGrp/TotalAmt024023
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02373
IRS990/PayrollTaxesGrp/TotalAmt02373
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ROSE ARANEO
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EVENT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc1TAXES LEVIED FOR ORGANIZA
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt04016
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1171500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt04016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1171500
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02500
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0216269
IRS990/PYProgramServiceRevenueAmt0180332
IRS990/PYRevenuesLessExpensesAmt0-44310
IRS990/PYSalariesCompEmpBnftPaidAmt010873
IRS990/PYTotalExpensesAmt0227142
IRS990/PYTotalRevenueAmt0182832
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt020791
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0175516
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0889
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02500
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03833
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt03000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt010222
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0867722
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearAmt0171500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt0171500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt0171500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus3YearsAmt0171500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus4YearsAmt0171500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0857500
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0172389
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0174000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0171500
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0175333
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0174500
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0867722
IRS990ScheduleA/TotalSupportAmt0867722
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt06000
IRS990ScheduleD/ExpensesNotReportedAmt06000
IRS990ScheduleD/ExpensesSubtotalAmt0155624
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt06000
IRS990ScheduleD/RevenueNotReportedAmt06000
IRS990ScheduleD/RevenueSubtotalAmt0176415
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Note 4 Accounting for Uncertainty in Income TaxesAccounting principles generally accepted in the United States of America provide accounting and disclosure guidance about positions taken by an entity in its tax returns that might be uncertain. Generally accepted accounting principles prescribe a minimum recognition threshold and measurement methodology that a tax position taken or expected to be taken in a tax return is required to meet before being recognized in the financial statements. For the Organization, tax positions taken include the entitys status as a not-for-profit corporation and the approval and qualifications for this status. The Association files an annual Form 990 with the Internal Revenue Service and its tax returns for the year 2020 and subsequent years remain subject to examination by tax authorities.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Donated Use of Facilities $6000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt0155624
IRS990ScheduleD/TotalRevenuePerForm990Amt0176415
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0182415
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0161624
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT IS THE ORGANIZATION'S POLICY TO PRESENT THE FORM 990 TO THE FULL BOARD OF DIRECTORS FOR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Form 990 is available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.