Nonprofit · EIN 55-0799217
ISLES PROPERTIES INC
Tax-exempt · TRENTON, NJ 08618
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $65,245 | $224,099 | -$158,854 | $1,696,746 | $3,340,149 | -$1,643,403 |
| December 31, 2023 | 990 | $69,346 | $218,173 | -$148,827 | $1,843,604 | $3,334,153 | -$1,490,549 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $65,245
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $8,115
- Salaries, compensation and benefits (total)
- $18,055
- Professional fundraising fees
- $0
- Occupancy
- $36,614
- Travel
- $12,560
- Depreciation
- $125,843
- Program services (functional)
- $224,099
Balance sheet and other
- Total assets, start of year
- $1,843,604
- Total assets, end of year
- $1,696,746
- Total liabilities, end of year
- $3,340,149
- Net assets, end of year
- -$1,643,403
- Land, buildings and equipment
- $1,512,448
- Net assets without donor restrictions
- -$1,643,403
- Gross receipts
- $65,245
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2002
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN JACKSON | CHIEF EXECUTIVE OFFICER/EX Officer | 1 | $0 | $135,000 | $14,395 |
| PETER ROSE | MANAGING DIRECTOR Officer | 0.5 | $0 | $102,108 | $18,711 |
| LAURA FENSTER ROTHSCHILD | MANAGING DIRECTOR Officer | 0.5 | $0 | $101,880 | $11,280 |
| MARTIN JOHNSON | FOUNDER/ ADVISOR Officer | 0.5 | $0 | $53,673 | $6,138 |
| MICHAEL NORDQUIST | MANAGING DIRECTOR Officer | 0.5 | $0 | $44,505 | $4,764 |
| JASON ALLEN | MANAGING DIRECTOR Officer | 0.5 | $0 | $41,309 | $6,746 |
| JOHN HART | COO AND SECRETARY (END. 2024) Officer | 1 | $0 | $35,704 | $6,605 |
| CHRIS BENSON | MANAGING DIRECTOR Officer | 0.5 | $0 | $31,036 | $5,445 |
| ROLANDO TORRES | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| WILLARD STANBACK | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SEAN JACKSON | CHIEF EXECUTIVE OFFICER Officer | 1 | $0 | $135,016 | $14,396 |
| JOHN HART | CHIEF OPERATING OFFICER AND SECRETARY Officer | 1 | $0 | $119,843 | $20,039 |
| PETER ROSE | MANAGING DIRECTOR Officer | 0.5 | $0 | $89,683 | $17,499 |
| MICHAEL NORDQUIST | MANAGING DIRECTOR Officer | 0.5 | $0 | $91,225 | $9,756 |
| MARTIN JOHNSON | FOUNDER/ ADVISOR Officer | 0.5 | $0 | $59,779 | $13,481 |
| ROLANDO TORRES | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| WILLARD STANBACK | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 WOOD STREET, TRENTON, NJ 08618-3921
- In care of
- % ISLES INC
- Principal officer (990 for 2024)
- SEAN JACKSON, 10 WOOD STREET, TRENTON, NJ 08618
- Signed the 990
- SEAN JACKSON, CHIEF EXECUTIVE OFFICER
- Phone
- (609) 341-4700
- Website
- WWW.ISLES.ORG
- Return prepared by
- MERCADIEN PC
Mission
ISLES PROPERTIES IS THE HOLDING COMPANY FOR SEVERAL PROPERTIES THAT ARE USED FOR ISLES, INC.'S COMMUNITY REAL ESTATE DEVELOPMENT.
Program accomplishments
- HOLDING COMPANY FOR SEVERAL REAL ESTATE PROPERTIES THAT ARE USED FOR ISLES, INC'S TAX EXEMPT PURPOSE.Expenses $224,099 · revenue $65,245
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0799217
- Tax-exempt status
- 501(c)(2): Title-holding corporation
- Donations deductible
- No
- Exempt since
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $1,696,746
- Income (IRS master file)
- $65,245
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $65,245 | $224,099 | $1,696,746 | IRS |
| 990 | December 2023 | $69,346 | $218,173 | $1,843,604 | XML |
| 990 | December 2022 | $58,292 | $192,935 | $2,380,619 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-0799217).
Questions about ISLES PROPERTIES INC
- What is the EIN of ISLES PROPERTIES INC?
- The employer identification number (EIN) of ISLES PROPERTIES INC is 55-0799217.
- Is ISLES PROPERTIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(2) since 2004.
- Are donations to ISLES PROPERTIES INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ISLES PROPERTIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of ISLES PROPERTIES INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ISLES PROPERTIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of ISLES PROPERTIES INC?
- The 990 for the year ended December 31, 2024 names SEAN JACKSON.
- Who are the officers and directors of ISLES PROPERTIES INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does ISLES PROPERTIES INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $65,245, expenses of $224,099 and total assets of $1,696,746 at year end.
Other nonprofits in TRENTON
- AFRICAN AMERICAN CHAMBER OF COMMERCE OF NEW JERSEY INC EIN 06-1820423 · last filed 990 for 2024
- NEW JERSEY CHAMBER OF COMMERCE FOUNDATION EIN 22-3490986 · last filed 990 for 2025
- SOCIETY OF EMERGENCY MEDICINE PHYSICIAN ASSISTANTS EIN 27-3172283 · last filed 990 for 2025
- VESI NEIGHBORHOOD EIN 93-2151645 · last filed 990 for 2025
- GOVERNMENT FINANCE OFFICERS ASSOCIATION OF NEW JERSEY EIN 56-2360320 · last filed 990 for 2025
- GREATER TRENTON INC EIN 26-1307260 · last filed 990 for 2025
- SHILOH COMMUNITY DEVELOPMENT CORPORATION EIN 12-3799161 · last filed 990 for 2024
- NEW JERSEY ACADEMY OF OPHTHALMOLOGY INC EIN 75-3142240 · last filed 990 for 2025
All nonprofits in TRENTON · New Jersey · Community improvement and capacity building