2024-11-15T08:51:53-05:00 2023-12-31 223843507 DAVID M MULDOWNEYJR CPA 595 SHREWSBURY AVE STE 206A SHREWSBURY NJ 07702 990 2023-01-01 221128510 MORRIS COUNTY CHAMBER OF COMMERCE MORR 9735393882 325 COLUMBIA TURNPIKE SUITE 101 MORRISTOWN NJ 07960 MEGHAN HUNSCHER PRESIDENT & CEO 9735393882 2024-11-15 true false DAVID M MULDOWNEY JR P00292604 7324314332 2024-11-15 X 2023 2024-10-15 13:58:12Z MEGHAN HUNSCHER 325 COLUMBIA TURNPIKE SUITE 101 SUITE 101 FLORHAM PARK NJ 07932 2381366 false X WWW.MORRISCHAMBER.ORG X 1920 NJ BUSINESS MEMBERSHIP ORGANIZATION 23 23 16 225 0 800048 1148078 1043638 1103033 21980 20941 154763 109314 2020429 2381366 0 0 1236442 1001456 0 0 1074070 1129366 2310512 2130822 -290083 250544 2149646 2251926 1888173 1688015 261473 563911 BUSINESS MEMBERSHIP ORGANIZATION false false 1113206 1103033 THE CHAMBER OF COMMERCE IS A MEMBERSHIP ORGANIZATION THAT RUNS PROGRAMS, MEETINGS, CONVENTIONS, AND OTHER ACTIVITIES REGARDING VARIOUS ASPECTS OF BUSINESS ACTIVITY IN MORRIS COUNTY FOR ITS MEMBERS. ALL MEETINGS CONVENTIONS AND FUNCTIONS ARE SUPPORTED BY DUES AND INVESTMENT INCOME TO PROMOTE MEMBERSIPS AND BUSINESS ACTIVITY IN MORRIS COUNTY BY ACCESSING MEMBERS TO EACH OUTHER AND TO THE GENERAL PUBLIC. BALANCE OF THE FUNDS ARE FOR ADMINISTRATIVE COSTS TO MAINTAIN CHAMBER OF COMMERCE FACILITIES AND SUPPORTING STAFF. OTHER REVENUE PROJECTS ARE UTILIZED TO ABSORB THE COST OF FULL TIME STAFF NOT OTHERWISE FUNDED. 1113206 false false false true false false false false false true false false true true false false false false false false false false false false false false false false true false false false false false false false false false false false true false false true 25 0 16 true false false false false false false false false X 23 23 false false false false false true false true true false false true true true true true true true true false NJ X MEGHAN HUNSCHER 9735393882 325 COLUMBIA TURNPIKE SUITE 101 SUITE 101 FLORHAM PARK NJ 07932 X MEGHAN HUNSCHER PRESIDENT & 37.50 X 217835 0 2421 MARCUS BANKS MEMBER X 0 0 0 JOSEPH D'AURIA MEMBER X 0 0 0 ROSANNE DETORRES MEMBER X 0 0 0 DEIRDRE R WHEATLEY - LISS ESQ CHAIRMAN OF X X 0 0 0 BOB FLYNN MEMBER X 0 0 0 CASEY GOCEL MEMBER X 0 0 0 ANDY HILTON MEMBER X 0 0 0 TONY IACONO VICE CHAIR X X 0 0 0 ILEANA IVANCIU MEMBER X 0 0 0 JAMES JACOBI MEMBER X 0 0 0 BARBARA KATZ MEMBER X 0 0 0 TOM LYONS TREASURER X X 0 0 0 DONNA MILLER MEMBER X 0 0 0 JACK MILLER MEMBER X 0 0 0 SUSAN ROOS MEMBER X 0 0 0 DAVID SCHLUER MEMBER X 0 0 0 EVERTON SCOTT MEMBER X 0 0 0 ERIC SEGUIN MEMBER X 0 0 0 TOM SERLUCO MEMBER X 0 0 0 RANDY STODARD MEMBER X 0 0 0 RANDY STODARD MEMBER X 0 0 0 JASON WALDENSTEIN MEMBER X 0 0 0 JASON WALDSTEIN MEMBER X 0 0 0 CHRISTINE COX WEST MEMBER X 0 0 0 CHRISTINE COX WEST MEMBER X 0 0 0 DEBBIE WOLPOV MEMBER X 0 0 0 217835 2421 1 false true false 718078 430000 1148078 EVENT REVENUE 1103033 1103033 1103033 20941 20941 SETTLEMENT INCOME 51346 51346 UNREALIZED GAIN 51171 51171 RENTAL INCOME 6100 6100 697 697 109314 2381366 1233288 910974 446377 464597 3624 906 2718 9343 3363 5980 77515 27905 49610 3716 3716 91651 37575 54076 93803 93803 15647 13143 2504 95849 23962 71887 84886 21298 63588 142884 48581 94303 5354 5354 2004 2004 24165 24165 26393 26393 EVENT EXPENSES 447351 447351 PROVISION FOR RESIGNATION 65045 65045 PROCESSING FEES 16576 16576 AMORTIZATION 9259 9259 4783 4783 2130822 1113206 1017616 0 405554 410593 35133 624524 779464 211554 16119 8816 289671 284823 59881 4848 853495 49971 941620 2149646 2251926 263805 126323 146297 1478071 1561692 1888173 1688015 X 233473 530861 28000 33050 261473 563911 2149646 2251926 250544 51894 X false true X true false false false 43539 42960 579 165011 164458 553 81121 77405 3716 4848 RIGHT OF USE ASSET 941620 941620 RIGHT OF USE LIABILITY 1017180 DEFERRED EVENT REVENUE 356105 DEFERRED DUES & MEMBERSHIP 188407 1561692 false false false MEGHAN HUNSCHER PRESIDENT & CEO 217835 2421 217835 2421 FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS APPROVE A SLATE OF MEMBERS TO BE MEMBERS OF THE BOARD OF DIRECTORS. THE SLATE OF MEMBERS IS PRESENTED TO THE FULL BOARD FOR APPROVAL. FORM 990, PAGE 6, PART VI, LINE 11B THE FORM 990 IS REVIEWED IN DETAIL BY THE CFO AND THE CHAIRMAN OF THE FINANCE COMMITTEE PRIOR TO THE FILING. A COPY OF THE RETURN IS MADE AVAILABLE TO ALL MEMBERS OF THE GOVERNING BODY PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION IS AWARE OF ALL RELATED PARTIES AND DOES NOT ENTER INTO ANY BUSINESS RELATIONSHIP WITH ANY RELATED PARTY UNLESS PRIOR APPROVAL AND A WAIVER FROM THE ORGANIZATIONS CONFLICT OF INTEREST POLICY IS VOTED ON BY THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE PRESIDENT'S TOTAL COMPENSATION PACKAGE IS REVIEWED BY THE EXECUTIVE COMMITTEE AND ANY CHANGES TO THE COMPENSATION PACKAGE IS BASED ON LOCAL MARKET CONDITIONS FOR SIMILAR EXECUTIVE LEVEL POSITIONS. FORM 990, PAGE 6, PART VI, LINE 15B THE PRESIDENT AND MEMBERS OF THE EXECUTIVE COMMITTEE REVIEW THE COMPENSATION OF EACH OF THE OFFICERS AND KEY EMPLOYEES, INCLUDING NEW HIRES, IN CONNECTION WITH THE OVERALL BUDGET PROCESS EACH YEAR. COMPENSATION IS BASED ON PERFORMANCE AND ON LOCAL MARKET CONDITIONS FOR EQUIVALENT LEVELS OF POSITION. FORM 990, PAGE 6, PART VI, LINE 19 THE ORGANIZATIONS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST FOUNDATION OF MORRIS COUNTY INC 325 COLUMBIA TURNPIKE SUITE 101 FLORHAM PARK NJ 07932 222493637 EDUCATION NJ C3 7 FILING ORG true MORRIS COUNTY ECON DEVEL ALLIANCE 325 COLUMBIA TURNPIKE SUITE 101 FLORHAM PARK NJ 07932 731725093 ECON DEVEL NJ C3 PF FILING ORG true false false false false false false false false false false false false false false false false false false false