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Nonprofit · EIN 85-2177281

CORPORATION FOR NEW JERSEY LOCAL MEDIA

Tax-exempt · WHIPPANY, NJ 07981

Financials

$480K$151K2023$288K$244K2024
Revenue Expenses · by fiscal year end
Financials of CORPORATION FOR NEW JERSEY LOCAL MEDIA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$287,734$243,944$43,790$1,241,720$278,966$962,754
December 31, 2023990$480,160$150,740$329,420$1,200,964$282,000$918,964
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$287,362
Program service revenue
$0
Investment income
$372
Other revenue
$0

Expenses

Grants and similar amounts paid
$26,223
Compensation of officers, directors and key employees
$27,500
Salaries, compensation and benefits (total)
$27,500
Professional fundraising fees
$0
Legal fees
$964
Accounting fees
$3,672
Travel
$511
Program services (functional)
$196,659
Management and general (functional)
$47,285

Balance sheet and other

Total assets, start of year
$1,200,964
Total assets, end of year
$1,241,720
Total liabilities, end of year
$278,966
Net assets, end of year
$962,754
Net assets without donor restrictions
$962,754
Gross receipts
$315,254
Employees
2
Volunteers
20
Year formed
2021
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.

NameTitleHours / weekCompensation
AMANDA RICHARDSONEXECUTIVE DIRECTOR
Officer
25$20,000
TAMARA POMPEYCHIEF OF MARKETING & PHILANTHROPY
Officer
25$7,500
LISA BHIMANI MDCHAIR
Trustee or director, Officer
5$0
PATTI SMITH-BARRETTBOARD MEMBMER
Trustee or director
5$0
KIP BATEMANBOARD MEMBMER
Trustee or director
5$0
BEN PROBERTBOARD MEMBMER
Trustee or director
5$0
KEN HERTSBOARD MEMBMER
Trustee or director
5$0
RICH NOLANBOARD MEMBMER
Trustee or director
5$0
STEVE OROHOBOARD MEMBMER
Trustee or director
5$0
ALEX RANGERVICE CHAIR
Trustee or director, Officer
5$0
TIMOTHY SIMPSONTREASURER
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
Amanda RichardsonExecutive Director
Officer
25$25,000
Tamara PompeyChief of Marketing & Philanthropy
Officer
25$21,923
Dr Lisa BhimaniBoard Chair
Trustee or director
5$0
Fruqan MouzonBoard Secretary
Trustee or director
5$0
Linda StamatoBoard Member
Trustee or director
5$0
Alex RangerBoard Vice Chair
Trustee or director
5$0
Tim SimpsonBoard Treasurer
Trustee or director
5$0
Richard NolanBoard Member
Trustee or director
5$0
Patti Smith-BarrettBoard Member
Trustee or director
5$0

Address and contacts

Address (IRS master file)
100 S JEFFERSON RD STE 104, WHIPPANY, NJ 07981-1009
In care of
% AMANDA RICHARDSON
Principal officer (990 for 2024)
LISA BHIMANI MD, 100 SOUTH JEFFERSON RD 104, MORRISTOWN, NJ 07981
Signed the 990
LISA BHIMANI MD, CHAIR
Phone
(973) 476-7500
Return prepared by
NISIVOCCIA LLP

Mission

WE BUILD STRONG COMMUNITIES THROUGH JOURNALISM AND CIVIC ENGAGEMENT.

990 for the year ended December 31, 2024

Program accomplishments

  • WE ARE IN THE PROCESS OF STRENGTHENING THE FINANCIAL COMPETENCIES OF THE NEW JERSEY HILLS MEDIA GROUP THROUGH SUPPORT OF FINANCIAL SYSTEMS IMPLEMENTATION AND EDUCATION.
    Expenses $191,159 · grants $20,723
  • HONORARIUMS FOR STORMWATER MATTERS
    Expenses $5,500 · grants $5,500

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2177281
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,241,720
Income (IRS master file)
$315,254

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$287,734$243,944$1,241,720IRS
990December 2023$480,160$150,740$1,200,964XML
990December 2022$400,556$29,780$621,544IRS
990December 2021–––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 85-2177281).

Questions about CORPORATION FOR NEW JERSEY LOCAL MEDIA

What is the EIN of CORPORATION FOR NEW JERSEY LOCAL MEDIA?
The employer identification number (EIN) of CORPORATION FOR NEW JERSEY LOCAL MEDIA is 85-2177281.
Is CORPORATION FOR NEW JERSEY LOCAL MEDIA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to CORPORATION FOR NEW JERSEY LOCAL MEDIA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CORPORATION FOR NEW JERSEY LOCAL MEDIA 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 CORPORATION FOR NEW JERSEY LOCAL MEDIA 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 CORPORATION FOR NEW JERSEY LOCAL MEDIA 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 CORPORATION FOR NEW JERSEY LOCAL MEDIA?
The 990 for the year ended December 31, 2024 names LISA BHIMANI MD.
Who are the officers and directors of CORPORATION FOR NEW JERSEY LOCAL MEDIA?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $20,000 (AMANDA RICHARDSON, EXECUTIVE DIRECTOR).
How much revenue does CORPORATION FOR NEW JERSEY LOCAL MEDIA have?
On its 990 for the year ended December 31, 2024 it reported revenue of $287,734, expenses of $243,944 and total assets of $1,241,720 at year end.

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