Civic Intelligence

Meet Ac Inc

990 • Fiscal year 2016 • EIN 46-5565508

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 20, 2017

Organization ProfileMEETINAC.COM
2314 Pacific AveAtlantic City, NJ 08401

(609) 449-7160

Siviq Scores

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

Liabilities / Assets

81st percentile

0.75x

Higher debt load relative to assets than 81% of similar nonprofits.

2016 filings • NTEE S • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

29th percentile

0.15x

Higher debt load relative to revenue than 29% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2016

Net Margin

46th percentile

0.0%

Higher net margin than 46% of similar nonprofits.

2016 filings • NTEE S • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

58th percentile

$300,171

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 3.6% of source-year revenue.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2016

Asset Growth

7th percentile

-14%

Faster asset growth than 7% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

13th percentile

-11%

Faster revenue growth than 13% of similar nonprofits.

2016 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets81st percentile

Assets

Down

$1,643,976

Down $260,316 (-14%) from 2015

Net Assets

Flat

$405,000

Flat from 2015

Liabilities

Down

$1,238,976

Down $260,316 (-17%) from 2015

Revenue And Expenses
Liabilities / Revenue29th percentileNet Margin46th percentile

Revenue

Down

$8,360,550

Down $1,060,603 (-11%) from 2015

Expenses

Down

$8,360,550

Down $655,603 (-7.3%) from 2015

Net Income

Down

$0

Down $405,000 (-100%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2014: $2,330,637Liabilities 2014: $2,330,637Net Assets 2014: $02014Assets 2015: $1,904,292Liabilities 2015: $1,499,292Net Assets 2015: $405,0002015Assets 2016: $1,643,976Liabilities 2016: $1,238,976Net Assets 2016: $405,0002016Assets 2017: $1,687,957Liabilities 2017: $1,282,957Net Assets 2017: $405,0002017Assets 2018: $1,028,763Liabilities 2018: $948,971Net Assets 2018: $79,7922018Assets 2019: $1,036,800Liabilities 2019: $999,813Net Assets 2019: $36,9872019Assets 2020: $2,908,042Liabilities 2020: $2,871,055Net Assets 2020: $36,9872020Assets 2021: $3,278,057Liabilities 2021: $3,241,070Net Assets 2021: $36,9872021Assets 2022: $1,297,633Liabilities 2022: $1,260,646Net Assets 2022: $36,9872022Assets 2023: $1,679,005Liabilities 2023: $1,523,268Net Assets 2023: $155,7372023Assets 2024: $2,452,776Liabilities 2024: $2,322,039Net Assets 2024: $130,7372024

Highlighted filing

2016

Assets$1,643,976
Liabilities$1,238,976
Net Assets$405,000
Open 2016 Filing

Operations Trend

Revenue Growth13th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2014: $3,630,931Expenses 2014: $3,630,931Net Income 2014: $02014Revenue 2015: $9,421,153Expenses 2015: $9,016,153Net Income 2015: $405,0002015Revenue 2016: $8,360,550Expenses 2016: $8,360,550Net Income 2016: $02016Revenue 2017: $7,103,115Expenses 2017: $7,103,115Net Income 2017: $02017Revenue 2018: $7,223,976Expenses 2018: $7,549,184Net Income 2018: -$325,2082018Revenue 2019: $8,177,020Expenses 2019: $8,219,825Net Income 2019: -$42,8052019Revenue 2020: $5,324,623Expenses 2020: $5,324,623Net Income 2020: $02020Revenue 2021: $7,438,971Expenses 2021: $7,438,971Net Income 2021: $02021Revenue 2022: $9,877,625Expenses 2022: $9,877,625Net Income 2022: $02022Revenue 2023: $9,657,734Expenses 2023: $9,538,984Net Income 2023: $118,7502023Revenue 2024: $10,022,644Expenses 2024: $10,047,644Net Income 2024: -$25,0002024

Highlighted filing

2016

Revenue$8,360,550
Expenses$8,360,550
Net Income$0
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 20, 2017
Return Version
2016v3.0
Gross Receipts
$8,360,550
Mission and Program Overview

Mission

Trade association organized (1)to promote and market the city of atlantic city (new jersey) as a destination for convention, meetings and tradeshows; (2) to improve common economic interests of businesses throughout the atlantic city region; and (3) to enhance employment opportunities and stimulate economic growth with the atlantic city region.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,632,737$1,513,497▼ $119,240
Prepaid Expenses and Deferred Charges$221,028$59,079▼ $161,949
Land, Buildings, and Equipment, Net$34,762$31,955▼ $2,807
Intangible Assets-$25,000-
Accounts Receivable$15,765$14,445▼ $1,320
Total Assets$1,904,292$1,643,976▼ $260,316
Liabilities
Accounts Payable and Accrued Expenses$1,121,164$909,797▼ $211,367
Deferred Revenue$341,830$319,949▼ $21,881
Other Liabilities$36,298$9,230▼ $27,068
Total Liabilities$1,499,292$1,238,976▼ $260,316
Net Assets / Fund Balance
Unrestricted Net Assets$405,000$405,000→ $0
Total Net Assets Fund Balance$405,000$405,000→ $0
Total Liabilities and Net Assets / Fund Balance$1,904,292$1,643,976▼ $260,316

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,955$18,391$50,346
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
James WoodExecutive DiFT$300,171-$300,171
James WoodExecutive Director-$230,901$101,266$300,171
Gary MusichSales ManageFT$225,205-$225,205
Gary MusichSales Manager-$173,235$95,471$225,205

Board Members and Trustees

NameTitle
Jeffrey AlbrechtChairman
Alan RivinVice Chairma
John PalmieriOfficer
Frank DoughertySecretary
Mark SachaisTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Creative Artists AgencyMarketing Svces2000 AVENUE OF THE STARS, Los Angeles, CA 90067$286,080
Northstar Travel MediaMarketing SvcesPO BOX 150414, Hartford, CT 06115$168,000
Coastal CommunicationsMarketing Svces2700 N MILTARY TRAIL 120, Boca Raton, FL 33431-6394$160,234
Harrah's Resort Atlantic CityMarketing Svces777 HARRAHS BLVD, Atlantic City, NJ 08401$150,000
MasterpieceMarketing Svces3101 BOARDWALK STE 13, Atlantic City, NJ 08401$113,855
Revenue and Support

Revenue Composition

Contributions and Grants
$63,074
Program Service Revenue
$8,288,948
Investment Income
$8,528
Other Revenue
$0
Change in Net Assets
$0
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,318,540
Salaries, Compensation, and Employee Benefits$3,042,010
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising$4,162,123$38,797-$4,200,920
Other Salaries and Wages$1,858,050$225,954-$2,084,004
Payments to Affiliates$740,675$9,142-$749,817
Other Employee Benefits$341,087$31,717-$372,804
Current Officers, Directors, Trustees, and Key Employees$267,626$32,545-$300,171
Payroll Taxes$190,341$21,345-$211,686
Occupancy$94,235$20,840-$115,075
Pension Plan Contributions$67,105$6,240-$73,345
Information Technology$35,296$35,768-$71,064
Office Expenses$44,479$16,313-$60,792
Fees for Services Legal-$44,346-$44,346
Fees for Services Accounting-$23,740-$23,740
Insurance$15,976$3,685-$19,661
Fees for Services Other$12,244$6,669-$18,913
Depreciation Depletion$9,155--$9,155
Other Expenses$403$28-$28
Total Functional Expenses$7,840,889$519,661$0$8,360,550
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Atlantic City Sports Commissi$9,230
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 7A

“Trustees elect and nominate candidates to meet certain requirements. The board shall consist of at least five and no more than thirteen members and at all times comprised of: (1) one trustee who shall be the executive director of the casino reinvestment development authority, (2)two trustees actively employed by the casino industry; (3) one trustee actively employed by a non-casino hotel industry in atlantic city and (4) one trustee who shall be a member of the atlantic city tourism district business community (other than a member of the casino or non-casino hotel industry).”

Form 990, Page 6, Part VI, Line 7B

“Actions requiring 80% approval of the board of trustees will be (1) merger, dissolution or liquidation of the corp, (2) any amendments to the corporation's articles of incorporation or bylaws, (3) the sale, pledge, lease, or other transfer of the assets of the corporation other than transactions occurring in the ordinary course of business, (4) the adoption of the corporation's annual budget, marketing plan and annual goals, (5) any loans to be incurred on behalf of the corporation as part of the casino reinvestment development authority's approved budget.”

Form 990, Page 6, Part VI, Line 11B

“Reviewed by the board of trustees with inquiries the the organization's accountant as necessary”

Form 990, Page 6, Part VI, Line 15A

“All compensation decisions are approved by the board as well as any incentive bonuses”

Form 990, Page 6, Part VI, Line 19

“UPON WRITTEN REQUEST”

Filing and Contact Details

Filer

Filer Name
Meet Ac Inc
EIN
46-5565508
Phone
6094497160
Address
2314 PACIFIC AVE, ATLANTIC CITY, NJ 08401

Signing Officer

Name
Mark Sachais
Title
Treasurer
Phone
6094497160
Signed
2017-04-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeffrey Albrecht
Formed
2014
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
130

Preparer

Firm
Fitzpatrick Bongiovanni & Kelly Pc
Address
PO BOX 942, MARMORA, NJ 08223
Preparer
Robert J Kelly Jr
Phone
6093908855
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Trade association organized (1)to promote and market the city of atlantic city (new jersey) as a destination for convention, meetings and tradeshows; (2) to improve common economic interests of businesses throughout the atlantic city region; and (3) to enhance employment opportunities and stimulate economic growth with the atlantic city region.”

Form 990, Page 2, Part III, Line 4A

“City; provide tourism and event-planning services to associations, businesses, organizations and groups convening or holding conventions, meetings or events; prepare, publish and update materials providing specific informatiom on the facilities, hotels, restaurants, entertainment and other amenities located in atlantic city, and distribute said materials to event planners or coordinators; coordinate with atlantic city hotels, restaurants and entertainment venues the cross-selling and booking of said facilities in connection with the booking of a convention, tradeshow or other meeting events at the facilities; and create and maintain strategic relationships for the coordination of services with the casino reinvestment development authority and its business partners, as they relate to the convention and meeting business in atlantic city. Accomplishments: meet ac's proudly hosted four industry shows in 2016 which included health professions network, meeting professionals international world education congress, teams expo & conference and the trade show news network awards. Hosting these key events led us to secure unique groups such as north american bengali association, book multi-year contracts at the convention center for 2017 through 2021 (atlantic city auction & car show & progressive insurance atlantic city boat show) and showcase our beautiful city. Meet ac is still working closely with the casino reinvestment development authority and comcast spectator to align our marketing efforts not only for the city of atlantic city but for the atlantic city convention center and boardwalk hall. In 2017, it will be imperative for us to book more business in the convention center and there will be many new upgrades coming to that building which include new lighting, facades and digital advertising. Our marketing team is continuing to stay ahead of the curve by implementing a comprehensive digital marketing campaign including social media, google adwords, retargeting and digital ad tracking. While digital advertising is our main priority, we are still focused on traditional print advertising and will advertise in 21 trade publications, incentivizing convention business and showcasing our seaside destination through positive advertorial.”

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IRS990/Desc0ACTIVITES INCLUDE: PROMOTION OF THE ATLANTIC CITY CONVENTION CENTER AND HISTORIC BOARDWALK HALL IN ATLANTIC CITY, NEW JERSEY AS PREMIER DESTINATIONS FOR CONVENTIONS, MEETINGS, TRADE SHOWS AND GROUP LEISURE EVENTS; CONDUCT COORDINATED ADVERTISING, PUBLICITY AND PROMOTION CAMPAIGNS OFFERED IN ATLANTIC CITY FOR MEETINGS AND GROUPS; SELL AND COORDINATE BOOKING AND RESERVATION OF CONVENTION, MEETING AND TRADE SHOW SPACE, HOTEL ROOMS AND OTHER OFF-SITE VENUES; PARTICIPATE IN APPROPRIATE CONVENTION AND DESTINATION MARKETING ASSOCIATIONS' EVENTS AND TRADE SHOWS TO ASSURE FAVORABLE PUBLICITY ABOUT ATLANTIC CITY AND THE FACILITIES; SOLICIT CONVENTION, TRADESHOW AND MEETING ORGANIZATIONS TO USE THE FACILITIES FOR OTHER VENUES THROUGHOUT ATLANTIC CITY; PROVIDE TOURISM AND EVENT-PLANNING SERVICES TO ASSOCIATIONS, BUSINESSES, ORGANIZATIONS AND GROUPS CONVENING OR HOLDING CONVENTIONS, MEETINGS OR EVENTS; PREPARE, PUBLISH AND UPDATE MATERIALS PROVIDING SPECIFIC INFORMATIOM ON THE FACILITIES, HOTELS, RESTAURANTS, ENTERTAINMENT AND OTHER AMENITIES LOCATED IN ATLANTIC CITY, AND DISTRIBUTE SAID MATERIALS TO EVENT PLANNERS OR COORDINATORS; COORDINATE WITH ATLANTIC CITY HOTELS, RESTAURANTS AND ENTERTAINMENT VENUES THE CROSS-SELLING AND BOOKING OF SAID FACILITIES IN CONNECTION WITH THE BOOKING OF A CONVENTION, TRADESHOW OR OTHER MEETING EVENTS AT THE FACILITIES; AND CREATE AND MAINTAIN STRATEGIC RELATIONSHIPS FOR THE COORDINATION OF SERVICES WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND ITS BUSINESS PARTNERS, AS THEY RELATE TO THE CONVENTION AND MEETING BUSINESS IN ATLANTIC CITY. ACCOMPLISHMENTS: MEET AC'S PROUDLY HOSTED FOUR INDUSTRY SHOWS IN 2016 WHICH INCLUDED HEALTH PROFESSIONS NETWORK, MEETING PROFESSIONALS INTERNATIONAL WORLD EDUCATION CONGRESS, TEAMS EXPO & CONFERENCE AND THE TRADE SHOW NEWS NETWORK AWARDS. HOSTING THESE KEY EVENTS LED US TO SECURE UNIQUE GROUPS SUCH AS NORTH AMERICAN BENGALI ASSOCIATION, BOOK MULTI-YEAR CONTRACTS AT THE CONVENTION CENTER FOR 2017 THROUGH 2021 (ATLANTIC CITY AUCTION & CAR SHOW & PROGRESSIVE INSURANCE ATLANTIC CITY BOAT SHOW) AND SHOWCASE OUR BEAUTIFUL CITY. MEET AC IS STILL WORKING CLOSELY WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND COMCAST SPECTATOR TO ALIGN OUR MARKETING EFFORTS NOT ONLY FOR THE CITY OF ATLANTIC CITY BUT FOR THE ATLANTIC CITY CONVENTION CENTER AND BOARDWALK HALL. IN 2017, IT WILL BE IMPERATIVE FOR US TO BOOK MORE BUSINESS IN THE CONVENTION CENTER AND THERE WILL BE MANY NEW UPGRADES COMING TO THAT BUILDING WHICH INCLUDE NEW LIGHTING, FACADES AND DIGITAL ADVERTISING. OUR MARKETING TEAM IS CONTINUING TO STAY AHEAD OF THE CURVE BY IMPLEMENTING A COMPREHENSIVE DIGITAL MARKETING CAMPAIGN INCLUDING SOCIAL MEDIA, GOOGLE ADWORDS, RETARGETING AND DIGITAL AD TRACKING. WHILE DIGITAL ADVERTISING IS OUR MAIN PRIORITY, WE ARE STILL FOCUSED ON TRADITIONAL PRINT ADVERTISING AND WILL ADVERTISE IN 21 TRADE PUBLICATIONS, INCENTIVIZING CONVENTION BUSINESS AND SHOWCASING OUR SEASIDE DESTINATION THROUGH POSITIVE ADVERTORIAL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CITY; PROVIDE TOURISM AND EVENT-PLANNING SERVICES TO ASSOCIATIONS, BUSINESSES, ORGANIZATIONS AND GROUPS CONVENING OR HOLDING CONVENTIONS, MEETINGS OR EVENTS; PREPARE, PUBLISH AND UPDATE MATERIALS PROVIDING SPECIFIC INFORMATIOM ON THE FACILITIES, HOTELS, RESTAURANTS, ENTERTAINMENT AND OTHER AMENITIES LOCATED IN ATLANTIC CITY, AND DISTRIBUTE SAID MATERIALS TO EVENT PLANNERS OR COORDINATORS; COORDINATE WITH ATLANTIC CITY HOTELS, RESTAURANTS AND ENTERTAINMENT VENUES THE CROSS-SELLING AND BOOKING OF SAID FACILITIES IN CONNECTION WITH THE BOOKING OF A CONVENTION, TRADESHOW OR OTHER MEETING EVENTS AT THE FACILITIES; AND CREATE AND MAINTAIN STRATEGIC RELATIONSHIPS FOR THE COORDINATION OF SERVICES WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND ITS BUSINESS PARTNERS, AS THEY RELATE TO THE CONVENTION AND MEETING BUSINESS IN ATLANTIC CITY. ACCOMPLISHMENTS: MEET AC'S PROUDLY HOSTED FOUR INDUSTRY SHOWS IN 2016 WHICH INCLUDED HEALTH PROFESSIONS NETWORK, MEETING PROFESSIONALS INTERNATIONAL WORLD EDUCATION CONGRESS, TEAMS EXPO & CONFERENCE AND THE TRADE SHOW NEWS NETWORK AWARDS. HOSTING THESE KEY EVENTS LED US TO SECURE UNIQUE GROUPS SUCH AS NORTH AMERICAN BENGALI ASSOCIATION, BOOK MULTI-YEAR CONTRACTS AT THE CONVENTION CENTER FOR 2017 THROUGH 2021 (ATLANTIC CITY AUCTION & CAR SHOW & PROGRESSIVE INSURANCE ATLANTIC CITY BOAT SHOW) AND SHOWCASE OUR BEAUTIFUL CITY. MEET AC IS STILL WORKING CLOSELY WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND COMCAST SPECTATOR TO ALIGN OUR MARKETING EFFORTS NOT ONLY FOR THE CITY OF ATLANTIC CITY BUT FOR THE ATLANTIC CITY CONVENTION CENTER AND BOARDWALK HALL. IN 2017, IT WILL BE IMPERATIVE FOR US TO BOOK MORE BUSINESS IN THE CONVENTION CENTER AND THERE WILL BE MANY NEW UPGRADES COMING TO THAT BUILDING WHICH INCLUDE NEW LIGHTING, FACADES AND DIGITAL ADVERTISING. OUR MARKETING TEAM IS CONTINUING TO STAY AHEAD OF THE CURVE BY IMPLEMENTING A COMPREHENSIVE DIGITAL MARKETING CAMPAIGN INCLUDING SOCIAL MEDIA, GOOGLE ADWORDS, RETARGETING AND DIGITAL AD TRACKING. WHILE DIGITAL ADVERTISING IS OUR MAIN PRIORITY, WE ARE STILL FOCUSED ON TRADITIONAL PRINT ADVERTISING AND WILL ADVERTISE IN 21 TRADE PUBLICATIONS, INCENTIVIZING CONVENTION BUSINESS AND SHOWCASING OUR SEASIDE DESTINATION THROUGH POSITIVE ADVERTORIAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES ELECT AND NOMINATE CANDIDATES TO MEET CERTAIN REQUIREMENTS. THE BOARD SHALL CONSIST OF AT LEAST FIVE AND NO MORE THAN THIRTEEN MEMBERS AND AT ALL TIMES COMPRISED OF: (1) ONE TRUSTEE WHO SHALL BE THE EXECUTIVE DIRECTOR OF THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY, (2)TWO TRUSTEES ACTIVELY EMPLOYED BY THE CASINO INDUSTRY; (3) ONE TRUSTEE ACTIVELY EMPLOYED BY A NON-CASINO HOTEL INDUSTRY IN ATLANTIC CITY AND (4) ONE TRUSTEE WHO SHALL BE A MEMBER OF THE ATLANTIC CITY TOURISM DISTRICT BUSINESS COMMUNITY (OTHER THAN A MEMBER OF THE CASINO OR NON-CASINO HOTEL INDUSTRY).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIONS REQUIRING 80% APPROVAL OF THE BOARD OF TRUSTEES WILL BE (1) MERGER, DISSOLUTION OR LIQUIDATION OF THE CORP, (2) ANY AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS, (3) THE SALE, PLEDGE, LEASE, OR OTHER TRANSFER OF THE ASSETS OF THE CORPORATION OTHER THAN TRANSACTIONS OCCURRING IN THE ORDINARY COURSE OF BUSINESS, (4) THE ADOPTION OF THE CORPORATION'S ANNUAL BUDGET, MARKETING PLAN AND ANNUAL GOALS, (5) ANY LOANS TO BE INCURRED ON BEHALF OF THE CORPORATION AS PART OF THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY'S APPROVED BUDGET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REVIEWED BY THE BOARD OF TRUSTEES WITH INQUIRIES THE THE ORGANIZATION'S ACCOUNTANT AS NECESSARY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION DECISIONS ARE APPROVED BY THE BOARD AS WELL AS ANY INCENTIVE BONUSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON WRITTEN REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
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Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,643,976
Liabilities
$1,238,976
Net assets
$405,000
Revenue
$8,360,550
Expenses
$8,360,550
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$2.32$0.13$10.0$10.0$0.03
2023Summary only. Only limited summary data is available for this year.$1.68$1.52$0.16$9.66$9.54$0.12
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.30$1.26$0.04$9.88$9.88$0.00
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.28$3.24$0.04$7.44$7.44$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.91$2.87$0.04$5.32$5.32$0.00
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$1.00$0.04$8.18$8.22$0.04
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.95$0.08$7.22$7.55$0.33
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$1.28$0.41$7.10$7.10$0.00
2016Detailed filing. Detailed filing data is available for this year.$1.64$1.24$0.41$8.36$8.36$0.00
2015Summary only. Only limited summary data is available for this year.$1.90$1.50$0.41$9.42$9.02$0.41
2014Summary only. Only limited summary data is available for this year.$2.33$2.33$0.00$3.63$3.63$0.00