2024-09-13T17:15:05-05:00 2023-10-31 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2022-11-01 463764687 MEADOWLANDS REGIONAL 2040 FOUNDATION INC MEAD 2019390707 1099 WALL ST WEST 100 LYNDHURST NJ 07071 JAMES KIRKOS PRESIDENT & CEO 2019390707 2024-09-10 1 0 BRIDGET HARTNETT P01429163 9739949494 2024-08-20 2022 2024-08-08 14:25:15Z JAMES KIRKOS 1099 WALL ST WEST 100 LYNDHURST NJ 07071 129904 0 X WWW.MEADOWLANDS.ORG X 2013 NJ TO PROVIDE LEADERSHIP, VISION, EDUCATION AND ACTION WITH RESEARCH AND PUBLIC AWARENESS OF A LONG-TERM VISION TO PLAN FOR A GROWING AND SUSTAINABLE ECONOMY THROUGH THE YEAR 2040. 12 12 0 5 1500 0 92525 45000 99612 81487 43 22 0 3395 192180 129904 0 0 0 0 0 0 0 0 0 104820 101092 104820 101092 87360 28812 319504 348316 0 0 319504 348316 X TO PROVIDE LEADERSHIP, VISION, EDUCATION AND ACTION WITH RESEARCH AND PUBLIC AWARENESS OF A LONG-TERM VISION TO PLAN FOR A GROWING AND SUSTAINABLE ECONOMY THROUGH THE YEAR 2040. ONE OF THE DRIVING GOALS FOR THE 2040 FOUNDATION IS TO ENHANCE THE LOCAL AND REGIONAL ECONOMY BY STRENGTHENING THE WORKFORCE AND IMPROVING THE OVERALL QUALITY OF LIFE FOR THE MEADOWLANDS COMMUNITY. THE FOUNDATION TRUSTEES HAVE IDENTIFIED EDUCATIONAL OUTREACH AS KEY TO ITS MISSION. THE 2040 FOUNDATION WILL HELP PROMOTE AWARENESS AND PROVIDE PROGRAMMING OF ECONOMIC DEVELOPMENT, WORKFORCE DEVELOPMENT, LEADERSHIP AND ENTREPRENEURSHIP PROGRAMS TO ENSURE THAT OUR REGION MAINTAINS A HIGH STANDARD OF HUMAN CAPITAL AND ALSO INNOVATES TO MEET THE NEEDS OF GROWING BUSINESSES. THE FOUNDATION IS COMPRISED OF BUSINESS LEADERS THAT HAVE DEEP ROOTS IN THE REGION AND A STRONG COMMITMENT TO IMPROVING THE AREA FOR THOSE THAT LIVE AND WORK HERE. 0 0 76064 79987 ECONOMIC DEVELOPMENT & RELOCATION RESOURCE GUIDE ADVERTISEMENTS AND PUBLICATIONS HIGHLIGHT ALL OF THE ATTRIBUTES OF THE REGION AND THE COMMUNITIES THAT MAKE UP THE MEADOWLANDS. IT IS AIMED AT CORPORATE SITE SELECTORS AND BUSINESSES PROSPECTIVELY LOOKING AT RELOCATING HERE, PROVIDING ALL PERTINENT MUNICIPAL, WORKFORCE, EDUCATION AND BUSINESS RESOURCES THAT ARE AVAILABLE. 76064 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 NJ X THE ORGANIZATION 2019390707 1099 WALL ST WEST 100 LYNDHURST NJ 07071 JFLETCHER CREAMER JR CHAIR 0.50 X X 0 0 0 BILL HANSON VICE CHAIR 0.50 X X 0 0 0 RICHARD BRANCA TREASURER AND SECRETARY 0.50 X X 0 0 0 ANGELO GENOVA TRUSTEE 0.50 X 0 0 0 ANTHONY SCARDINO TRUSTEE 0.50 0.50 X 0 0 0 PETER UNANUE TRUSTEE 0.50 0.50 X 0 0 0 ALEX KLATSKIN TRUSTEE 0.50 X 0 0 0 EDWARD RUSSO TRUSTEE 0.50 X 0 0 0 AMY HERBOLD TRUSTEE 0.50 0.50 X 0 0 0 JOHN SARACENO TRUSTEE 0.50 X 0 0 0 DEBRA TANTLEFF TRUSTEE 0.50 X 0 0 0 MARK SPARTA TRUSTEE 0.50 X 0 0 0 JAMES KIRKOS PRESIDENT & CEO 2.00 38.00 X 0 241444 17693 0 241444 17693 0 0 1 0 0 45000 45000 EVENT REVENUE 561499 79987 79987 ADVERTISING & PUBLICAT 541800 1500 1500 81487 22 22 MISCELLANEOUS INCOME 900099 3395 3395 3395 129904 79987 1500 3417 3200 3200 BUSINESS INCOME TAX EXP 2682 2682 EVENTS 36345 26969 9376 ADMINISTRATIVE SERVICES 26500 26500 RESEARCH 22595 22595 9770 9770 101092 76064 25028 0 181095 274840 136909 69476 1500 4000 319504 348316 0 0 X 319504 348316 319504 348316 319504 348316 28812 0 X X 0 1 X 1 0 X 143500 59622 41250 92525 45000 381897 28829 103880 65912 79987 278608 172329 59622 145130 158437 124987 660505 0 0 0 660505 102 98 77 43 22 342 102 98 77 43 22 342 14139 8822 15019 33700 1500 73180 5000 3395 8395 191570 68542 160226 192180 129904 742422 0.88970 0.87070 0.00050 0.00060 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, CERTAIN ACTIVITIES ARE SUBJECT TO UNRELATED BUSINESS INCOME TAX. UNRELATED BUSINESS INCOME TAX EXPENSE AMOUNTED TO $0 AND $0 FOR THE YEARS ENDED OCTOBER 31, 2023 AND 2022, RESPECTIVELY. THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S COMBINED FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN, OR EXPECTED TO BE TAKEN, IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED OCTOBER 31, 2023 AND 2022. AT OCTOBER 31, 2023 AND 2022, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. X X 0 0 0 0 0 0 0 0 0 JAMES KIRKOS PRESIDENT & CEO 0 241444 0 0 0 0 0 7243 0 10450 0 259137 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS FIRST PROVIDED TO THE FINANCE COMMITTEE FOR REVIEW AND THEN PROVIDED TO THE EXECUTIVE COMMITTEE AND BOARD FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN THE PROCESS FROM THE PRIOR YEAR. MEADOWLANDS CHAMBER OF COMMERCE 1099 WALL STREET WEST LYNDHURST NJ 07071 221616519 COMMUNITY ACTION AND ASSISTANCE NJ 501(C)(6) 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0