Partnership For Haddonfield Inc
- Assets
- $282.7k
- Revenue
- $255.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Haddonfield, NJ
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 54-2151109
Organization Overview
Partnership For Haddonfield Inc is located in Haddonfield, NJ. The organization was established in 2006. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Partnership For Haddonfield Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partnership For Haddonfield Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Partnership For Haddonfield Inc generated $255.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $215.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PARTNERSHIP FOR HADDONFIELD, INC. IS THE MANAGEMENT CORPORATION FOR HADDONFIELDS BUSINESS IMPROVEMENT DISTRICT. THE ORDINANCE CREATING THE DISTRICT WAS ADOPTED ON FEBRUARY 10, 2004 TO ENCOURAGE SELF-HELP AND SELF-FINANCING PROGRAMS WITHIN THE BUSINESS COMMUNITY, ENHANCE THE COMMERCIAL VIABILITY AND ATTRACTIVENESS OF THE BUSINESS DISTRICT AND PROMOTE GROWTH AND EMPLOYMENT WITHIN THE BOROUGH. THE MISSION OF THE PFH IS TO PROVIDE LEADERSHIP THAT PRODUCES THE BEST DOWNTOWN IN THE REGION BY CREATING AND PROMOTING A SUPERIOR BUSINESS MIX, AND ENHANCING THE IMAGE OF HADDONFIELD IN THE MARKETPLACE. THE PFH OFFERS GRANT PROGRAMS TO ATTRACT DISTINCTIVE RETAILERS IN TARGETED CATEGORIES AND FINE DINING RESTAURANTS, SPONSORS BUSINESS NETWORKING EVENTS, MAINTAINS AND PROMOTES THE WWW.DOWNTOWNHADDONFIELD.COM WEBSITE, ACTIVELY MARKETS THE DOWNTOWN, AND ORGANIZES SPECIAL EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE AND ENCOURAGE RETAIL & BUSINESS DEVELOPMENT IN THE CENTER TOWN REGION OF HADDONFIELD
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Marciante Executive Dir. | Trustee | 40 | $10,750 |
Susan Hodges Chairman | OfficerTrustee | 3 | $0 |
John Master Jr Trustee | Trustee | 3 | $0 |
Andrea Ranno Trustee | Trustee | 3 | $0 |
Colleen Bezich Commissioner | Trustee | 5 | $0 |
Gary Klosner Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $250,000 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,750 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $255,750 |
| Total Program Service Revenue | $0 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $255,785 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $10,750 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,846 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $103,504 |
| Office expenses | $4,023 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $653 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,228 |
| All other expenses | $8,686 |
| Total functional expenses | $215,411 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $282,653 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $282,653 |
| Accounts payable and accrued expenses | $96,509 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,006 |
| Total liabilities | $110,515 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $172,138 |
| Total liabilities and net assets/fund balances | $282,653 |
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