2025-11-14T10:41:08-06:00 2024-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2024-01-01 550799217 ISLES PROPERTIES INC ISLE 6093414700 10 WOOD STREET TRENTON NJ 08618 SEAN JACKSON CHIEF EXECUTIVE OFFICER 6093414700 2025-11-14 1 1 TYLER M MARCOCCI CPA P02191297 6096899700 2025-11-14 2024 2025-03-06 01:10:19Z SEAN JACKSON 10 WOOD STREET TRENTON NJ 08618 65245 0 X WWW.ISLES.ORG X 2002 NJ ISLES PROPERTIES IS THE HOLDING COMPANY FOR SEVERAL PROPERTIES THAT ARE USED FOR ISLES, INC.'S COMMUNITY REAL ESTATE DEVELOPMENT 2 2 0 2 0 0 0 0 63412 65245 0 0 5934 0 69346 65245 0 0 0 0 41468 18055 0 0 0 176705 206044 218173 224099 -148827 -158854 1843604 1696746 3334153 3340149 -1490549 -1643403 ISLES PROPERTIES IS THE HOLDING COMPANY FOR SEVERAL PROPERTIES THAT ARE USED FOR ISLES, INC.'S COMMUNITY REAL ESTATE DEVELOPMENT. 0 0 224099 65245 HOLDING COMPANY FOR SEVERAL REAL ESTATE PROPERTIES THAT ARE USED FOR ISLES, INC'S TAX EXEMPT PURPOSE. 224099 0 0 0 0 0 0 0 0 0 1 0 0 1 1 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 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 2 2 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 ROLANDO TORRES TRUSTEE 0.50 0.50 X 0 0 0 WILLARD STANBACK TRUSTEE 0.50 0.50 X 0 0 0 SEAN JACKSON CHIEF EXECUTIVE OFFICER/EX 1.00 40.00 X 0 135000 14395 JOHN HART COO AND SECRETARY (END. 2024) 1.00 40.00 X 0 35704 6605 LAURA FENSTER ROTHSCHILD MANAGING DIRECTOR 0.50 40.00 X 0 101880 11280 MARTIN JOHNSON FOUNDER/ ADVISOR 0.50 23.00 X 0 53673 6138 MICHAEL NORDQUIST MANAGING DIRECTOR 0.50 40.00 X 0 44505 4764 PETER ROSE MANAGING DIRECTOR 0.50 40.00 X 0 102108 18711 JASON ALLEN MANAGING DIRECTOR 0.50 40.00 X 0 41309 6746 CHRIS BENSON MANAGING DIRECTOR 0.50 40.00 X 0 31036 5445 0 545215 74084 0 0 0 0 0 RENTAL INCOME 900099 65245 65245 65245 65245 65245 0 0 8115 8115 1054 1054 4605 4605 4281 4281 4912 4912 3388 3388 3325 3325 36614 36614 12560 12560 3609 3609 125843 125843 10382 10382 BAD DEBT 4721 4721 LICENSING AND FEES 690 690 224099 224099 0 0 16116 91973 41478 2325 3343947 1831499 1696010 1512448 90000 90000 1843604 1696746 1324196 1400119 101158 167465 1908799 1772565 3334153 3340149 X -1490549 -1643403 -1490549 -1643403 1843604 1696746 -158854 6000 0 X X 0 1 X 0 0 3273452 1825583 1447869 35495 5916 29579 35000 35000 1512448 PNC BANK LOC 90000 90000 DUE TO/DUE FROM 1772565 1772565 X 71245 6000 6000 65245 0 65245 224099 0 224099 0 224099 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 COMMITTEE 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 FOUNDATION 10 WOOD STREET TRENTON NJ 08618 371420125 MANAGING INVESTMENT ACTIVITIES; SUPPORTING ORGANIZATION FOR ISLES, INC NJ 501(C)(3) LINE 12D, III-O 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 COMMUNITY ENTERPRISES 10 WOOD STREET TRENTON NJ 08618 262483265 PROVIDES EDUCATION, TRAINING, AND FINANCING TO DISTRESSED COMMUNITIES NJ 501(C)(3) LINE 12A, I ISLES INC 1 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 0 0 ISLES INC E 1772565 LOAN