Overview
What is Morristown Partners Inc Ta Morristown Partnership?
Morristown Partners Inc Ta Morristown Partnership is a nonprofit organization situated in Morristown, New Jersey, with its headquarters at 14 Maple Avenue, 07960. Their primary mission is to foster economic growth and revitalization in the local business climate of Morristown. They achieve this through various initiatives, including local gift certificate programs, supporting the local business community, streetscape design, lamp post maintenance, business recruitment and retention, marketing and promotions, events, capital improvement projects, and community and government relations. The organization aims to enhance commercial visibility, attractiveness, and self-help programs in the town, ultimately benefiting businesses, employees, residents, and consumers. With a team of 12 dedicated individuals, Morristown Partners Inc Ta Morristown Partnership contributes to preserving the cultural, historic, tourististic, and civic interests of Morristown and its Special Improvement District.
Official website here: www.morristown-nj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Morristown Partners Inc Ta Morristown Partnership has achieved a Three-Star rating from Charity Navigator, reflecting a solid commitment to accountability and financial transparency. The organization scores particularly well in areas such as independent board membership and oversight, indicating a strong governance structure. The high score of 94% for independent board members and the absence of any material diversion of assets demonstrate a commitment to ethical management.
Financially, the organization demonstrates a healthy program expense ratio of 69.26%, suggesting that a significant portion of its resources is directed towards its mission-driven activities. The presence of established policies such as conflict of interest and whistleblower protections further highlights its dedication to accountability.
However, while the ratings reflect strong governance, the overall score is solely based on accountability and finance metrics, which may not capture the full picture of the organization's impact or effectiveness in its programs. Users looking for insight into the programmatic successes or community engagement may find this information lacking.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Morristown Partners Inc Ta Morristown Partnership?
84% of 13 reviewers on Facebook recommend Morristown Partners Inc Ta Morristown Partnership. Here is a summary of their reviews:
Many users express strong appreciation for the organization's commitment to enhancing the community. The sentiment is overwhelmingly positive, with reviews highlighting the nonprofit's ongoing efforts to drive improvement and promote local initiatives. One reviewer succinctly describes it as a "fantastic organization," underscoring the effective role it plays in the community.
Overall, the support for Morristown Partners reflects a belief among participants that the nonprofit genuinely cares about community development and is making significant strides towards bettering the area. This dedication resonates well with those who have engaged with the organization.
This AI summary has been generated from reviews found on Facebook.
Is Morristown Partners Inc Ta Morristown Partnership legitimate?
Morristown Partners Inc Ta Morristown Partnership is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morristown Partners Inc Ta Morristown Partnership submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $123,559
Professional Fundraising Fees: $0
Other Salaries and Wages: $153,001
For more financial information, click here
Official website here: www.morristown-nj.org
What is the mission statement of Morristown Partners Inc Ta Morristown Partnership?
The mission of Morristown Partners Inc, also known as Morristown Partnership, is focused on promoting economic growth and revitalization. They aim to enhance the commercial visibility and attractiveness of the local business climate, encouraging self-help programs within the community. Their activities include revitalizing the area through local gift certificate programs, supporting the local business community, implementing streetscape designs, and maintaining lamp posts. They also engage in business recruitment and retention efforts, marketing and promotions, and oversee various capital improvement projects. Additionally, they maintain safe and clean environments and strengthen community and government relations.
Official website here: www.morristown-nj.org
Who is the CEO of Morristown Partners Inc Ta Morristown Partnership?
Jennifer Wehring is the Executive Dir of Morristown Partners Inc Ta Morristown Partnership.
Official website here: www.morristown-nj.org
What is the revenue of Morristown Partners Inc Ta Morristown Partnership?
Morristown Partners Inc Ta Morristown Partnership's revenue in 2022 was $1,146,947.
Official website here: www.morristown-nj.org
Who are the executives of Morristown Partners Inc Ta Morristown Partnership and what are their salaries?
The average compensation at Morristown Partners Inc Ta Morristown Partnership during 2022 was $23,047. There are 12 employees at Morristown Partners Inc Ta Morristown Partnership.
Here are 19 key members and their salaries:
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Official website here: www.morristown-nj.org
Where can I find the form 990 for Morristown Partners Inc Ta Morristown Partnership?
Morristown Partners Inc Ta Morristown Partnership's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.morristown-nj.org
Learn more at the official website: www.morristown-nj.org
Mission Statement of Morristown Partners Inc Ta Morristown Partnership
Morristown Partners Inc, also known as the Morristown Partnership, is a dedicated organization with a mission to stimulate and encourage self-help programs. Its primary objective is to enhance the local business environment by providing administrative and various services that benefit businesses, employees, residents, and consumers. The nonprofit aims to promote economic growth and revitalization, making the local business climate more commercially visible and attractive. Morristown Partners Inc engages in various initiatives to achieve these goals, such as the revitalization of the town through local gift certificate programs, supporting the local business community, designing streetscapes, maintaining lamp posts, recruiting and retaining businesses, marketing and promotions, events, and capital improvement projects. The organization's efforts to boost the local economy and improve the business climate contribute to the overall betterment of the community.
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Impact
October, 2024
Morristown Partners Inc Ta Morristown Partnership significantly enhances the local business climate and community by fostering economic growth and revitalization. By implementing various programs aimed at supporting the local business community, this organization promotes initiatives that boost commercial visibility and attractiveness.
Key activities include the administration of a local gift certificate program that encourages residents and visitors to shop within the community, thereby driving consumer spending at local businesses. The organization also invests in streetscape design and maintenance, ensuring that the town remains inviting and accessible. Efforts in marketing and promotions help highlight Morristown's unique offerings, while targeted business recruitment and retention strategies ensure that local enterprises thrive and grow.
The partnership’s commitment to maintaining a safe and clean environment contributes to the overall quality of life for residents and visitors alike. Through capital improvement projects and community engagement, Morristown Partners plays a pivotal role in preserving the cultural, historic, and civic interests of the town, further enriching the community's character and appeal. Overall, the impact of Morristown Partners is seen in a vibrant business ecosystem that benefits employees, residents, and consumers, driving economic activity and fostering a sense of community pride.
This information is meant to be a general summary of Morristown Partners Inc Ta Morristown Partnership. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $1,146,947
Assets and Liabilities:
- Total Assets: $497,689
- Total Liabilities: $652,591
- Net Assets: -$154,902
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Organization Details
Founding Year
1994
Phone
(973) 455-1133Principal Officer
Jennifer Wehring
Main Address
14 MAPLE AVENUE 201, MORRISTOWN, NJ, 07960
Website
www.morristown-nj.orgNTEE Category
Code: S41 - Community improvement
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