2024-07-15T13:19:00-05:00 2023-08-31 WithumSmithBrown PC ONE TOWER CENTER BLVD 14TH FL EAST BRUNSWICK NJ 08816 990 2022-09-01 311659369 Leadership Newark Inc % CELIA M KING LEAD 9733509200 494 Broad Street LL10 Newark NJ 07102 Celia M King CEO 9733509200 2024-07-17 true Celia M King XXX-XX-XXXX Brad Caruso P01249134 7328281614 3 2022 2023-04-26 12:10:37Z Celia M King 494 Broad Street LL10 Newark NJ 07102 475997 false X www.leadershipnewark.org X 1998 NJ LEADERSHIP NEWARK IS A LEADERSHIP DEVELOPMENT PROGRAM FOCUSED ON PUBLIC POLICY ISSUES AFFECTING THE GREATER NEWARK AREA. 14 14 2 35 0 381302 388156 77500 70000 885 4458 0 -3500 459687 459114 0 70000 0 0 213029 250523 0 0 47487 98057 121847 311086 442370 148601 16744 587775 648646 86063 93053 501712 555593 X SEE SCHEDULE O FOR A DESCRIPTION OF THE ORGANIZATIONS MISSION AND PROGRAMS. false false 348927 70000 70000 Leadership Newark (LN) PROGRAM- The LN program is as a community building fellowship program, which prepares and grooms adults to be civic leaders through public policy enrichment augmented by skill building and team building sessions as well (SEE SCHEDULE O FOR DETAILS). 348927 true true false false false false false false false true true false false true true false false false false false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 1 0 true 2 true false false false false false true true false false false false false false X 14 14 false false false false false false false true true false false true true true true false true true true false NJ X CELIA M KING 9733509200 494 BROAD STREET SUITE LL110 NEWARK NJ 07102 CELIA M KING MPS CHIEF EXECUTIVE OFFICER 40.0 0.0 X 158730 0 17534 Irene O'Brien TRUSTEE 2.0 0.0 X 0 0 0 Karen Oliver Moore Board Chair, Trustee 5.0 0.0 X X 0 0 0 Mark A Chaplin TRUSTEE 2.0 0.0 X 0 0 0 Bruno Genova TREASURER/Secretary 5.0 0.0 X X 0 0 0 Stephen Genzer Esq TRUSTEE 2.0 0.0 X 0 0 0 Calvin R Ledford Jr TRUSTEE 2.0 0.0 X 0 0 0 M Cristina Martinez Trustee 2.0 0.0 X 0 0 0 Raymond Ocasio TRUSTEE 2.0 0.0 X 0 0 0 Robert S Steinbaum Esq TRUSTEE 2.0 0.0 X 0 0 0 MARTIN BERKOWITZ VICE CHAIR, TRUSTEE 5.0 0.0 X X 0 0 0 SANDRA J BROWN-EVERING TRUSTEE 2.0 0.0 X 0 0 0 GABRIEL LOPEZ TRUSTEE 2.0 0.0 X 0 0 0 ANAND PALURI TRUSTEE 2.0 0.0 X 0 0 0 APRIL J VIRHUEZ TRUSTEE 2.0 0.0 X 0 0 0 158730 0 17534 1 false true false 0 90757 297399 388156 PROGRAM FEES 611430 70000 70000 70000 4458 4458 0 0 0 0 0 0 13383 90757 16883 -3500 -3500 0 0 0 0 0 0 0 459114 70000 958 0 70000 70000 0 0 182329 136747 18233 27349 0 35328 26496 3533 5299 0 15930 11947 1593 2390 16936 12702 1694 2540 0 0 14297 14297 0 0 0 21615 21615 2393 2393 23486 18856 1852 2778 100 100 0 47541 35656 4754 7131 162 162 0 11050 11050 0 0 0 1203 1203 442370 348927 45956 47487 X 440503 398949 0 59273 0 0 33839 0 0 0 0 0 0 0 0 0 4764 6519 27758 27758 106644 112639 0 0 0 0 0 0 2025 71266 587775 648646 17391 15422 0 0 0 0 0 0 0 0 0 0 0 0 59015 0 9657 77631 86063 93053 X 395069 442954 106643 112639 501712 555593 587775 648646 X 16744 2304 34833 X false false false X 407708 356288 323280 440317 388156 1915749 0 0 407708 356288 323280 440317 388156 1915749 1219055 696694 1094 1529 756 885 4458 8722 0 0 1924471 362500 0.36202 0.42070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 106643 5996 112639 109877 -3234 106643 105207 4670 109877 101825 3382 105207 0.00000 0.00000 1.00000 false false 27758 27758 0 0 SECURITY DEPOSITS 1200 INVESTMENTS OTHER 825 RIGHT OF USE ASSETS 69241 71266 0 DEFERRED RENT 0 OPERATING LEASE LIABILITY 77631 77631 ANNUAL GALA 99280 90757 8523 6807 1715 Anniversary ev 1360 0 1360 2289 2571 0 100640 90757 9883 9096 4286 13382 -3499 true Scholarships 28 70000 Schedule I, Part I, Line 2 The Organization provided scholarships/free tuition to students during FY2023. Each student submits an application which is reviewed and approved by the Organization prior to enrolling in the program. The board approved the scholarships during FY2023. X X false false false false false false false false false CELIA M KING MPS CHIEF EXECUTIVE OFFICER 152747 0 5983 0 0 0 0 0 17534 0 176264 0 0 0 FORM 990, SCHEDULE J, PART I, LINE 7 Salaries and BONUSES ARE DETERMINED BY THE finance COMMITTEE on an annual basis. the compensation for all employees is approved annually by the board as part of the annual budget review and approval process. FORM 990, PART VI, SECTION B, LINE 11B THE 990 IS REVIEWED by the Executive Director and Finance committee for comment. THE BOARD reviews and approves the Form 990 prior to submission to the Department of the Treasury. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD MEMBERS FOR REVIEW AND SIGNATURE EACH YEAR. If there are any conflicts noted, these will be considered and addressed by the Board. FORM 990, PART VI, SECTION B, LINES 15 A & B THE Human resources committee REVIEW THE COMPENSATION PACKAGE FOR TOP MANAGEMENT EACH YEAR. The final compensation package is approved annually by the Board. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS and Form 990 AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART III, LINE 4A Each year the program works with approximately 63 participants. The seminars are delivered in an adult friendly learning environment allowing for tremendous interaction and exchange among the Fellows, and recognized experts. We employ various formats including panel discussions, keynote addresses, site visits, case studies, small group dialogue and experiential training. In all instances we bring policy makers, elected officials, academicians and nationally recognized leaders in a small setting to share their knowledge, talents and expertise with the participants, who are eager community activists. Ultimately creating a powerful forum for the exchange of ideas and new approaches to some of the challenges facing the Newark community. The impact of the program and contribution to the community landscape can be felt across all sectors-demonstrated through the diversity of the participants professionally, ethnically and geographically. Specifically, 20% of the participants are in the non-profit sector; 17% in business/corporate; 14% in education; 12% in law; 11% in government; 10% in healthcare and 15% spread across the fields of architecture, law enforcement, & the arts. The City benefits from 85% of the LN alumni working in the City and 47% of the entire network residing in Newark. The 2-year fellowship program provides a foundation for one to get to know much of the inner workings of the local community and how state and national trends may influence services to the residents of Newark in the first year. In the second year, participants "give back" to the community by serving as volunteer consultants to local non-profit organizations, addressing a specific need which would improve the delivery of service to those served by that organization. In a recent letter to the public Mayor Ras Baraka, stated our impact best, "Leadership Newark has played a major role in our Citys transformation, by working tirelessly to build the future we want for the City we love. I am proud of the vital role Leadership Newark is playing as a partner in our work. Truly, Leadership Newark is a winner." FORM 990, PART III, LINE 1 Leadership Newark (LN) is an organization which offers the following programs and services: Skill and Team Building Programs; Public Policy Enrichment Seminars; Public Policy Dinner Meetings; Community Leadership Initiative Projects; Public Policy Summits; Non-Profit Board Training & Development and Leadership Newark Graduate Organization Programs. These initiatives and programs are for adults who live, work or volunteer in the civic life of the City of Newark. All are leadership related programs born out of a desire to strengthen the City of Newark's civic infrastructure through preparing the next generation of leaders to serve in numerous professional, political and volunteer capacities in the largest city in the State of New Jersey. Founded in September 1998, the founders felt it was necessary to arm and prepare a strong cadre of citizens of diverse backgrounds with in-depth knowledge on a wide range of public policy issues who will be prepared to take on a variety of leadership roles in and around the City of Newark as the City undergoes an evolving renaissance. To date, the LN network is over 500 strong and the impact of their efforts is palpable across all sectors. LN prepares and grooms adult to be civic leaders through public policy debate and discussions augmented by skill building and team building sessions as well. The seminars are delivered in an adult friendly learning environment, which allows a setting, which fosters tremendous interaction and exchange among the Fellows and noted experts. We employ various formats such as panels & roundtable discussions, keynote addresses, site visits, case studies, small group dialogue and experiential training. In all instances we bring policy makers, elected officials, academicians and nationally recognized leaders in a small setting to share their knowledge, talents and expertise with the participants, who are eager community activists. Ultimately creating a powerful forum for the exchange of ideas and new approaches to some of the challenges facing the Newark community. Form 990, Part XI, Line 8 The prior year financial statements were adjusted to reflect and increase for forgiveness of PPP loan of $59,015 and decrease in net assets related to decrease in receivables of $33,839. In addition, during 2023, the Organization adopted ASC 842 lease standard which resulted in an opening balance adjustment of $9,657.