Civic Intelligence

Highlands Economic Development and Tourism Corp

990EZ • Fiscal year 2018 • EIN 46-2342112

Jan 01, 2018 to Dec 31, 2018 • Filed on May 13, 2019

Organization Profilewww.njheat.org
126 Airport RoadWest Milford, NJ 07480

(201) 891-5668

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2018

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2018

Net Margin

4th percentile

-138%

Higher net margin than 4% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

3rd percentile

-91%

Faster asset growth than 3% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-47%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$520

Down $5,053 (-91%) from 2017

Net Assets

Down

$520

Down $5,053 (-91%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin4th percentile

Revenue

Down

$3,673

Down $3,211 (-47%) from 2017

Expenses

Up

$8,726

Up $899 (+11%) from 2017

Net Income

Down

-$5,053

Down $4,110 (-436%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0K$6.0K$4.0K$2.0K$0Assets 2014: $570Liabilities 2014: $02014Assets 2015: $3,278Liabilities 2015: $02015Assets 2016: $6,516Liabilities 2016: $02016Assets 2017: $5,573Net Assets 2017: $5,5732017Assets 2018: $520Net Assets 2018: $5202018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2018

Assets$520
Liabilities-
Net Assets$520
Open 2018 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10K$5.0K$0-$5.0K-$10KRevenue 2014: $3,814Expenses 2014: $3,370Net Income 2014: $4442014Revenue 2015: $9,440Expenses 2015: $6,732Net Income 2015: $2,7082015Revenue 2016: $8,276Expenses 2016: $5,038Net Income 2016: $3,2382016Revenue 2017: $6,884Expenses 2017: $7,827Net Income 2017: -$9432017Revenue 2018: $3,673Expenses 2018: $8,726Net Income 2018: -$5,0532018Revenue 2019: $3,819Expenses 2019: $4,339Net Income 2019: -$5202019

Highlighted filing

2018

Revenue$3,673
Expenses$8,726
Net Income-$5,053
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 13, 2019
Return Version
2018v3.1
Gross Receipts
$14,185
Mission and Program Overview

Mission

The mission of Highlands Economic Development and Tourism Corp. is to create a well-balanced business environment and a better lifestyle for the residents of the New Jersey Highlands region, using the natural wonder within this area to promote tourism and economic development.

Program Services

DescriptionGrantsExpenses
Donation to a local charity$0$300
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Tim WagnerChairman-$0--
Paul ZarrilloVice Chariman-$0--
Brian KinderganSecretary/Treasurer-$0--
Filing and Contact Details

Filer

Filer Name
Highlands Economic Development and Tourism Corp
EIN
46-2342112
Phone
2018915668
Address
126 Airport Road, West Milford, NJ 07480

Signing Officer

Name
Tim Wagner
Title
Chairman
Phone
2018915668
Signed
2019-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Thomas G Randel CPA
Address
4 Country Ln, Hamburg, NJ 07419
Preparer
Thomas Randel
Phone
9738790086
Supplemental Narrative

Additional Explanations

Pt V, Line 35B

“None”

Form 990EZ, Part I, Line 16

“Advertising 446.”

Form 990EZ, Part I, Line 16

“Insurance 1263.”

Form 990EZ, Part I, Line 16

“Business registrations 80.”

Form 990EZ, Part I, Line 16

“Charitable contributions 300.”

Form 990EZ, Part I, Line 16

“Supplies 119.”

Form 990EZ, Part I, Line 16

“Outside labor 1253.”

Raw XML Appendix199 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Tim Wagner
IRS990EZ/BooksInCareOfDetail/PhoneNum02018915668
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0126 Airport Road
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0West Milford
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007480
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt05573
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0520
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt010
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-5053
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0400
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt05573
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0520
IRS990EZ/FundraisingGrossIncomeAmt013575
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt014185
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt0600
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt05573
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0520
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt05573
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0520
IRS990EZ/OccupancyRentUtltsAndMaintAmt02500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Tim Wagner
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Paul Zarrillo
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Brian Kindergan
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice Chariman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary/Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt03461
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0The mission of Highlands Economic Development and Tourism Corp. is to create a well-balanced business environment and a better lifestyle for the residents of the New Jersey Highlands region, using the natural wonder within this area to promote tourism and economic development.
IRS990EZ/PrintingPublicationsPostageAmt057
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Donation to a local charity
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0300
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt02308
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt010512
IRS990EZ/SpecialEventsNetIncomeLossAmt03063
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08726
IRS990EZ/TotalProgramServiceExpensesAmt0300
IRS990EZ/TotalRevenueAmt03673
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.njheat.org
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0610
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01457
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04477
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt09404
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08813
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08420
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06827
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt047039
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt051516
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt014185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt09964
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt09877
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07827
IRS990ScheduleA/Total509Grp/TotalAmt051516
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt051516
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0None
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising 446.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance 1263.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Business registrations 80.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Charitable contributions 300.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Supplies 119.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Outside labor 1253.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 35b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Tim Wagner
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/PhoneNum02018915668
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Highlands Economic Development and Tourism Corp
ReturnHeader/Filer/BusinessNameControlTxt0HIGH
ReturnHeader/Filer/EIN0462342112
ReturnHeader/Filer/PhoneNum02018915668
ReturnHeader/Filer/USAddress/AddressLine1Txt0126 Airport Road
ReturnHeader/Filer/USAddress/CityNm0West Milford
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007480
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0342AE0FEFC2F456430870AFC95A329651D37910C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0342AE0FEFC2F456430870AFC95A329651D37910C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.53.136.18
ReturnHeader/FilingSecurityInformation/IPDt02019-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm006:32:11
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Thomas G Randel CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04 Country Ln
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Hamburg
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007419
ReturnHeader/PreparerPersonGrp/PhoneNum09738790086
ReturnHeader/PreparerPersonGrp/PreparationDt02019-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas Randel
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-05-15T06:32:19-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$520
Liabilities
-
Net assets
$520
Revenue
$3,673
Expenses
$8,726
Net income
-$5,053
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0$0$3,819$4,339$520
2018Detailed filing. Detailed filing data is available for this year.$520$520$3,673$8,726$5,053
2017Detailed filing. Detailed filing data is available for this year.$5,573$5,573$6,884$7,827$943
2016Summary only. Only limited summary data is available for this year.$6,516$0$8,276$5,038$3,238
2015Summary only. Only limited summary data is available for this year.$3,278$0$9,440$6,732$2,708
2014Summary only. Only limited summary data is available for this year.$570$0$3,814$3,370$444