2024-11-13T11:06:24-06:00 2023-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2023-01-01 371420125 ISLES COMMUNITY FOUNDATION INC ISLE 6093414700 10 WOOD STREET TRENTON NJ 08618 SEAN JACKSON CHIEF EXECUTIVE OFFICER 6093414700 2024-11-13 1 1 LOVEPREET BUTTAR CPA P01329403 6096899700 2024-11-13 2023 2024-10-15 13:58:12Z SEAN JACKSON 10 WOOD STREET TRENTON NJ 08618 0 0 X WWW.ISLES.ORG X 2001 NJ TO MANAGE INVESTMENT ACTIVITIES FOR ISLES, INC. 3 3 0 3 0 0 0 0 0 0 0 0 1250 0 1250 0 0 0 0 0 0 0 0 0 0 31 1489 31 1489 1219 -1489 2703988 2702499 0 0 2703988 2702499 THE FOUNDATION ACTS AS A SUPPORTING ORGANIZATION FOR ISLES, INC. AS DESCRIBED IN SECTION 509 (A)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION MANAGES THE INVESTMENT ACTIVITES OF ISLES, INC. 0 0 1489 MANAGEMENT OF THE INVESTMENT ACTIVITIES OF ISLES, INC. 1489 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X THE ORGANIZATION 6093414700 10 WOOD STREET TRENTON NJ 08618 KAREN MCGUINNESS VICE PRESIDENT 0.50 0.50 X X 0 0 0 GARY GRAY SECRETARY 0.50 0.50 X X 0 0 0 RICHARD SIMKUS TRUSTEE 0.50 X 0 0 0 SEAN JACKSON CHAIRMAN AND PRESIDENT 1.00 39.00 X 0 135016 14396 JOHN HART TREASURER 1.00 39.00 X 0 119843 20039 MARTIN JOHNSON FOUNDER/ ADVISOR 0.50 23.00 X 0 59779 13481 MICHAEL NORDQUIST MANAGING DIRECTOR 0.50 40.00 X 0 91225 9756 PETER ROSE MANAGING DIRECTOR 0.50 40.00 X 0 89683 17499 0 495546 75171 0 0 0 0 0 0 0 0 0 1459 1459 LICENSING AND FEES 30 30 1489 1489 0 0 13049 11560 2690939 2690939 2703988 2702499 0 0 X 2703988 2702499 2703988 2702499 2703988 2702499 -1489 0 X X 0 1 X 0 0 X X X 1 ISLES INC 222350832 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 PART IV SECTION D, LINE 3 THE ORGANIZATION WAS CREATED TO MANAGE THE INVESTMENTS FOR ISLES INC. (SUPPORTED ORGANIZATION). ISLES, INC. ELECTS THE MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD. IN ADDITION, SEVERAL MEMBERS OF THE ORGANIZATION'S GOVERNING BOARD ARE ALSO MEMBERS OF THE SUPPORTED ORGANIZATION'S GOVERNING BOARD AND THEREFORE HAVE A SIGNIFICANT VOICE IN THE ACTIVITIES OF THE ORGANIZATION. PART IV SECTION E, LINE 2A THE ORGANIZATION MANAGES INVESTMENTS FOR ISLES INC. WHICH PROVIDES SUPPORT FOR ISLES INC. TO CARRY OUT ITS EXEMPT PURPOSE. PART IV SECTION E, LINE 2B THE ORGANIZATION WAS CREATED BY ISLES INC. TO MANAGE THE INVESTMENTS. IF THE ORGANIZATION DID NOT MANAGE THE INVESTMENTS, ISLES INC. WOULD MANAGE THEM. 0 DUE FROM RELATED PARTY 2690939 2690939 X PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE CONSOLIDATED FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF ISLES INC. ELECTS THE GOVERNING BOARD OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PROVIDED TO THE BOARD FOR THE REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT ISLES INC AND SUBSIDIARIES ARE NON-PROFIT ORGANIZATIONS AND THAT IN ORDER TO MAINTAIN THEIR FEDERAL TAX EXEMPTION THEY MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF THEIR TAX EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INVOLVES AN ANNUAL REVIEW OF THE INDIVIDUAL'S PERFORMANCE AND COMPARISON OF PRESENT COMPENSATION TO MARKET DATA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C ISLES, INC., AS THE MAIN ENTITY HAS AN AUDIT/FINANCE COMMITEE THAT OVERSEES THIS PROCESS FOR ALL RELATED ENTITIES. ISLES E4 INC 10 WOOD STREET TRENTON NJ 08618 270375809 TRAIN INDIVIDUALS TO PERFORM WEATHERIZATION SERVICE TO LOW INCOME HOUSEHOLDS NJ 501(C)(3) LINE 11 ISLES INC 1 ISLES COMMUNITY ENTERPRISES 10 WOOD STREET TRENTON NJ 08618 262483265 TO PROVIDE EDUCATION TRAINING & FINANCING TO DISTRESSED COMMUNITIES NJ 501(C)(3) LINE 11 ISLES INC 1 ISLES INC 10 WOOD STREET TRENTON NJ 08618 222350832 PROVIDES HOUSING, GARDENING, RECREATION AND ENVIRONMENT EDUCATION NJ 501(C)(3) LINE 7 N/A 0 ISLES MILL 57 INC 10 WOOD STREET TRENTON NJ 08618 271568899 ACQUIRE, HOLD, SELL, REAL PROPERTY TO SUPPORT OTHER 501 (C)(3) ENTITIES NJ 501(C)(3) LINE 12A, I ISLES INC 1 ISLES PROPERTIES INC 10 WOOD STREET TRENTON NJ 08618 550799217 HOLDING COMPANY OF REAL ESTATE PROPERTY FOR ISLES, INC.'S EXEMPT PURPOSE NJ 501(C)(2) ISLES INC 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 ISLES INC D 2690939 LOAN