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Highlands Business Partnership Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223665400 ✦ Highlands, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Highlands Business Partnership Inc?

Highlands Business Partnership Inc, established in 1999, is a nonprofit organization situated in Highlands, New Jersey. Funded by the voluntary assessment of local business owners, events, sponsors, and tax-deductible donations, this alliance aims to foster economic growth, advocates for continued revitalization, and preserves Highlands' historical heritage. They achieve this through various initiatives, including shop local campaigns, destination marketing, digital media marketing, hosting special events, decorations and landscaping, fundraising, and economic development. Their efforts contribute to strengthening the economic, cultural, and commercial fabric of the community, attracting approximately 100,000 people annually and generating revenue exceeding $100,000.


Official website here: www.highlandsnj.com

What do the Facebook reviews say about Highlands Business Partnership Inc?

92% of 15 reviewers on Facebook recommend Highlands Business Partnership Inc. Here is a summary of their reviews:

Many individuals commend the organization for its strong sense of community and the professionalism of its staff. The positive sentiment reflects a well-integrated support system that benefits local businesses and residents alike. Reviewers appreciate the helpfulness and dedication of the team, highlighting a connection that fosters growth and collaboration among community members.

Overall, it appears that the nonprofit effectively meets the needs of those it serves and contributes positively to the local landscape, making it a respected entity in the area.


This AI summary has been generated from reviews found on Facebook.

Is Highlands Business Partnership Inc legitimate?

Highlands Business Partnership Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highlands Business Partnership Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,769

For more financial information, click here


Official website here: www.highlandsnj.com

What is the mission statement of Highlands Business Partnership Inc?

The Highlands Business Partnership Inc, established in 1999, is a nonprofit corporation and commercial alliance that is financially supported by local business owners, events, sponsors, and tax-deductible donations. Its mission is to advocate for the economic development of the community, promote continued revitalization, preserve its historic past, and boost the economic, cultural, and commercial contributions of the area. This organization works on behalf of all individuals who live, work, or invest in the community, aiming to foster growth and strengthen its overall impact.


Official website here: www.highlandsnj.com

Who is the CEO of Highlands Business Partnership Inc?

Jay Cosgrove is the President of Highlands Business Partnership Inc.


Official website here: www.highlandsnj.com

What is the revenue of Highlands Business Partnership Inc?

Highlands Business Partnership Inc's revenue in 2022 was $303,623.


Official website here: www.highlandsnj.com

Who are the executives of Highlands Business Partnership Inc and what are their salaries?

The average compensation at Highlands Business Partnership Inc during 2022 was $29,384. There are 2 employees and 100 volunteers at Highlands Business Partnership Inc.


Here are 13 key members and their salaries:


Jay Cosgrove (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Lentz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Slate (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donica Basinger (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carla Cefalo (Volunteer Exec. Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Burton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leo Cervantes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Little (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Filomena Antoniello (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gloria Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James D Barker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Larue (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Baker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.highlandsnj.com

Where can I find the form 990 for Highlands Business Partnership Inc?

Highlands Business Partnership Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.highlandsnj.com

Learn more at the official website: www.highlandsnj.com

Mission Statement of Highlands Business Partnership Inc

Highlands Business Partnership Inc, established in 1999, is a nonprofit corporation and commercial alliance that serves as a vital force in the community. Funded annually through voluntary assessments from local business owners, events, sponsorships, and tax-deductible donations, this organization works tirelessly on behalf of all those who live, work, or invest in the area. Its mission is multifaceted, aiming to foster economic development in the region, advocate for continued revitalization, preserve the historic past, and strengthen the economic, cultural, and commercial contributions in the community. In essence, Highlands Business Partnership Inc serves as a catalyst for growth and improvement, striving to create a thriving and vibrant community for all its residents and stakeholders.

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Impact




October, 2024

Highlands Business Partnership Inc significantly boosts the local economy and enhances community engagement in Highlands, NJ, by driving approximately 100,000 visitors to the business district each year. Since its inception in 1999, the organization has managed a variety of improvement projects that directly contribute to the vitality and attractiveness of the area.

Through events, sponsorships, and voluntary contributions, the Partnership generates substantial revenue that is reinvested into the community. This funding not only supports local businesses but also facilitates community improvement initiatives, fostering a vibrant atmosphere that attracts both residents and tourists alike. The impact of the Highlands Business Partnership is evident in its ability to create a dynamic environment that promotes economic growth and strengthens community ties.




This information is meant to be a general summary of Highlands Business Partnership Inc. 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.

Revenue
$303,623 (2022)
Expenses
$270,878 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $122
  • Program Service Revenue: $214,789
  • Gross Receipts: $303,623

Assets and Liabilities:

  • Total Assets: $121,878
  • Total Liabilities: $0
  • Net Assets: $121,878

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SPECIAL EVENT REVENUE

Revenue

$214,539

ITEM SALES

Revenue

$250

Organization Details

Founding Year

1999

Principal Officer

Jay Cosgrove

Main Address

140 BAY AVE, HIGHLANDS, NJ, 07732

NTEE Category

Code: S30 - Community improvement

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