Peace Islands Institute Inc
- Assets
- $255.5k
- Revenue
- $226.5k
- Investments
- $0.0
- Employees
- 1
- Location
- Hasbrouck Heights, NJ
- Founding
- 11/2004
- Data as of
- 12/2021
- EIN
- 55-0826499
Organization Overview
Peace Islands Institute Inc is located in Hasbrouck Heights, NJ. The organization was established in 2004. According to its NTEE Classification (N50) the organization is classified as: Recreational Clubs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peace Islands Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Peace Islands Institute Inc generated $226.5k 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 (21.3%) each year. All expenses for the organization totaled $214.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.2%) 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
ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: MISSION PEACE ISLANDS INSTITUTE (PII) ASPIRES TO FACILITATE A FORUM OF MUTUAL RESPECT AND COLLABORATION, BOTH WELCOMING AND ACCEPTING VARIED VIEWPOINTS AND VOICES WITH THE INTENT TO DEVELOP ORIGINAL AND ALTERNATIVE PERSPECTIVES ON VITAL ISSUES THAT OUR SOCIETY IS FACING, GENERATE SOLUTIONS TO THESE ISSUES, SUPPORT SUCCESSFUL PRACTICES, THUS PROMOTING EDUCATION, FRIENDSHIP AND HARMONY AND ACTING AS AN ISLAND OF PEACE FOR ALL PEOPLES IN A SOCIETY OF DIFFERENT ETHNIC, CULTURAL AND RELIGIOUS BACKGROUNDS. VISION IN A DIVERSE WORLD, WHERE EVEN THE FARTHEST POINT IS A CLICK AWAY, EVERY CULTURE, RACE, RELIGION, TRADITION AND NATION BECOME NEIGHBORS. WE HAVE TO LIVE AND INTERACT TOGETHER IN THIS GLOBAL ISLAND WE CALL EARTH. PEACE ISLANDS INSTITUTE (PII) SERVES TO ACT AS THE SOIL FOR FRUITFUL DIALOGUE, PEACE, AND CIVIL SERVICE JUST AS THE SOIL ON THIS GLOBAL ISLAND GIVES FORTH FLOWERS OF DIFFERENT COLORS, SCENTS AND SHAPES. PII ENVISIONS A W
Describe the Organization's Program Activity:
Part 3 - Line 4a
DINNERS, LECTURES, AND SEMINARS TO PROMOTE INTER-FAITH AND CULTURAL DIALOGUE ACTIVITIES INCLUDE: -AWARD CEREMONIES -ANNUAL DIALOGUE DINNERS -BOOK REVIEWS AND DISCUSSIONS -OTHER DIALOGUE RELATED SUPPORT ACTIVITIES
DINNERS, LECTURES, AND SEMINARS TO PROMOTE INTER-FAITH AND CULTURAL DIALOGUE ACTIVITIES INCLUDE: -AWARD CEREMONIES -ANNUAL DIALOGUE DINNERS -BOOK REVIEWS AND DISCUSSIONS -OTHER DIALOGUE RELATED SUPPORT ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adem Ozdemir Executive Di | Trustee | 40 | $74,988 |
Nuray Yurt President | OfficerTrustee | $0 | |
Onur Asan Treasurer | Trustee | $0 | |
Ugur Duzgin Secretary | Trustee | $0 | |
Nesrin Tatli Director | Trustee | $0 | |
Omer Topaloglu Vice Preside | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,521 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $226,521 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $226,521 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,938 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,475 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,320 |
| Advertising and promotion | $2,398 |
| Office expenses | $6,830 |
| Information technology | $551 |
| Royalties | $0 |
| Occupancy | $92,322 |
| Travel | $0 |
| 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 | $482 |
| Insurance | $2,089 |
| All other expenses | $19,928 |
| Total functional expenses | $214,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,026 |
| 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 | $1,450 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,012 |
| Total assets | $255,488 |
| Accounts payable and accrued expenses | $0 |
| 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 | $189,878 |
| Total liabilities | $189,878 |
| Net assets without donor restrictions | $65,610 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $255,488 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peace Islands Institute Inc has recieved totaling $12,417.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $12,417 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Westchester Country Club Inc Rye, NY | $77,553,664 | $42,480,746 |
Yale Club Of New York City New York, NY | $50,588,779 | $20,944,634 |
Old Westbury Golf & Country Club Inc Old Westbury, NY | $24,637,751 | $16,881,231 |
Hudson National Golf Club Inc Croton On Hudson, NY | $51,687,185 | $12,086,027 |
Lake Naomi Club Pocono Pines, PA | $31,181,948 | $14,377,164 |
Pine Valley Golf Club Pine Valley, NJ | $27,464,552 | $15,641,646 |
Plainfield Country Club Edison, NJ | $20,539,827 | $10,734,974 |
Glen Ridge Country Club Glen Ridge, NJ | $4,315,456 | $11,200,681 |
Overbrook Golf Club Bryn Mawr, PA | $25,446,093 | $10,373,823 |
Fisher Island Club Inc Fishers Island, NY | $26,382,427 | $9,842,592 |
North Jersey Country Club Inc Wayne, NJ | $12,240,984 | $10,758,532 |
Noyac Golf Club Inc Sag Harbor, NY | $25,263,669 | $11,022,614 |