MEET AC: Form 990, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- MEET AC (EIN 46-5565508)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-05-11
- IRS object ID
- 201721319349301212
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-11T09:22:57-04:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223507266 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FITZPATRICK BONGIOVANNI & KELLY PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 942 | AddressLine1Txt |
| City | MARMORA | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08223 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 465565508 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MEET AC INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MEET | BusinessNameControlTxt |
| Phone | 6094497160 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2314 PACIFIC AVE | AddressLine1Txt |
| City | ATLANTIC CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08401 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK SACHAIS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6094497160 | PhoneNum |
| Signature | 2017-04-20 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT J KELLY JR | PreparerPersonNm |
| PTIN | P00064446 | PTIN |
| Phone | 6093908855 | PhoneNum |
| Preparation | 2017-04-20 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 33F48454549DEEE352A959E3811F08C8DE7398B3 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 33F48454549DEEE352A959E3811F08C8DE7398B3 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | JEFFREY ALBRECHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2314 PACIFIC AVE | AddressLine1Txt |
| City | ATLANTIC CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,360,550 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | MEETINAC.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2014 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 5 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 5 | VotingMembersIndependentCnt |
| Total Employee | 130 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $121,250 | PYContributionsGrantsAmt |
| CY Contributions Grants | $63,074 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,287,648 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,288,948 | CYProgramServiceRevenueAmt |
| PY Investment Income | $12,255 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,528 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $9,421,153 | PYTotalRevenueAmt |
| CY Total Revenue | $8,360,550 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,135,449 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,042,010 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $5,880,704 | PYOtherExpensesAmt |
| CY Other Expenses | $5,318,540 | CYOtherExpensesAmt |
| PY Total Expenses | $9,016,153 | PYTotalExpensesAmt |
| CY Total Expenses | $8,360,550 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $405,000 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $0 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,904,292 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,643,976 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,499,292 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,238,976 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $405,000 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $405,000 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | ACTIVITES INCLUDE: PROMOTION OF THE ATLANTIC CITY CONVENTION CENTER AND HISTORIC BOARDWALK HALL IN ATLANTIC CITY, NEW JERSEY AS PREMIER DESTINATIONS FOR CONVENTIONS, MEETINGS, TRADE SHOWS AND GROUP LEISURE EVENTS; CONDUCT COORDINATED ADVERTISING, PUBLICITY AND PROMOTION CAMPAIGNS OFFERED IN ATLANTIC CITY FOR MEETINGS AND GROUPS; SELL AND COORDINATE BOOKING AND RESERVATION OF CONVENTION, MEETING AND TRADE SHOW SPACE, HOTEL ROOMS AND OTHER OFF-SITE VENUES; PARTICIPATE IN APPROPRIATE CONVENTION AND DESTINATION MARKETING ASSOCIATIONS' EVENTS AND TRADE SHOWS TO ASSURE FAVORABLE PUBLICITY ABOUT ATLANTIC CITY AND THE FACILITIES; SOLICIT CONVENTION, TRADESHOW AND MEETING ORGANIZATIONS TO USE THE FACILITIES FOR OTHER VENUES THROUGHOUT ATLANTIC CITY; PROVIDE TOURISM AND EVENT-PLANNING SERVICES TO ASSOCIATIONS, BUSINESSES, ORGANIZATIONS AND GROUPS CONVENING OR HOLDING CONVENTIONS, MEETINGS OR EVENTS; PREPARE, PUBLISH AND UPDATE MATERIALS PROVIDING SPECIFIC INFORMATIOM ON THE FACILITIES, HOTELS, RESTAURANTS, ENTERTAINMENT AND OTHER AMENITIES LOCATED IN ATLANTIC CITY, AND DISTRIBUTE SAID MATERIALS TO EVENT PLANNERS OR COORDINATORS; COORDINATE WITH ATLANTIC CITY HOTELS, RESTAURANTS AND ENTERTAINMENT VENUES THE CROSS-SELLING AND BOOKING OF SAID FACILITIES IN CONNECTION WITH THE BOOKING OF A CONVENTION, TRADESHOW OR OTHER MEETING EVENTS AT THE FACILITIES; AND CREATE AND MAINTAIN STRATEGIC RELATIONSHIPS FOR THE COORDINATION OF SERVICES WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND ITS BUSINESS PARTNERS, AS THEY RELATE TO THE CONVENTION AND MEETING BUSINESS IN ATLANTIC CITY. ACCOMPLISHMENTS: MEET AC'S PROUDLY HOSTED FOUR INDUSTRY SHOWS IN 2016 WHICH INCLUDED HEALTH PROFESSIONS NETWORK, MEETING PROFESSIONALS INTERNATIONAL WORLD EDUCATION CONGRESS, TEAMS EXPO & CONFERENCE AND THE TRADE SHOW NEWS NETWORK AWARDS. HOSTING THESE KEY EVENTS LED US TO SECURE UNIQUE GROUPS SUCH AS NORTH AMERICAN BENGALI ASSOCIATION, BOOK MULTI-YEAR CONTRACTS AT THE CONVENTION CENTER FOR 2017 THROUGH 2021 (ATLANTIC CITY AUCTION & CAR SHOW & PROGRESSIVE INSURANCE ATLANTIC CITY BOAT SHOW) AND SHOWCASE OUR BEAUTIFUL CITY. MEET AC IS STILL WORKING CLOSELY WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND COMCAST SPECTATOR TO ALIGN OUR MARKETING EFFORTS NOT ONLY FOR THE CITY OF ATLANTIC CITY BUT FOR THE ATLANTIC CITY CONVENTION CENTER AND BOARDWALK HALL. IN 2017, IT WILL BE IMPERATIVE FOR US TO BOOK MORE BUSINESS IN THE CONVENTION CENTER AND THERE WILL BE MANY NEW UPGRADES COMING TO THAT BUILDING WHICH INCLUDE NEW LIGHTING, FACADES AND DIGITAL ADVERTISING. OUR MARKETING TEAM IS CONTINUING TO STAY AHEAD OF THE CURVE BY IMPLEMENTING A COMPREHENSIVE DIGITAL MARKETING CAMPAIGN INCLUDING SOCIAL MEDIA, GOOGLE ADWORDS, RETARGETING AND DIGITAL AD TRACKING. WHILE DIGITAL ADVERTISING IS OUR MAIN PRIORITY, WE ARE STILL FOCUSED ON TRADITIONAL PRINT ADVERTISING AND WILL ADVERTISE IN 21 TRADE PUBLICATIONS, INCENTIVIZING CONVENTION BUSINESS AND SHOWCASING OUR SEASIDE DESTINATION THROUGH POSITIVE ADVERTORIAL. | Desc |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (true) | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | Yes (true) | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 45 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 130 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 5 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 5 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | Yes (true) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | Yes (true) | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAREN FITZPATRICK | PersonNm |
| Phone | 6094497160 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2314 PACIFIC AVE | AddressLine1Txt |
| Address Line2 | 2314 PACFIC AVE | AddressLine2Txt |
| City | ATLANTIC CITY | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08401 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| MARK SACHAIS | ||||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JOHN PALMIERI | ||||||||
| OFFICER | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| FRANK DOUGHERTY | ||||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ALAN RIVIN | ||||||||
| VICE CHAIRMA | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY ALBRECHT | ||||||||
| CHAIRMAN | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JAMES WOOD | ||||||||
| EXECUTIVE DI | 40.00 | $300,171 | $0 | $0 | Yes (X) | |||
| GARY MUSICH | ||||||||
| SALES MANAGE | 40.00 | $225,205 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $525,376 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 8 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CREATIVE ARTISTS AGENCY | |||||
| 2000 AVENUE OF THE STARS | LOS ANGELES | CA | 90067 | MARKETING SVCES | $286,080 |
| NORTHSTAR TRAVEL MEDIA | |||||
| PO BOX 150414 | HARTFORD | CT | 06115 | MARKETING SVCES | $168,000 |
| COASTAL COMMUNICATIONS | |||||
| 2700 N MILTARY TRAIL 120 | BOCA RATON | FL | 334316394 | MARKETING SVCES | $160,234 |
| HARRAH'S RESORT ATLANTIC CITY | |||||
| 777 HARRAHS BLVD | ATLANTIC CITY | NJ | 08401 | MARKETING SVCES | $150,000 |
| MASTERPIECE | |||||
| 3101 BOARDWALK STE 13 | ATLANTIC CITY | NJ | 08401 | MARKETING SVCES | $113,855 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 9 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $63,074 | GovernmentGrantsAmt |
| Total Contributions | $63,074 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|
| CONTRACT REVENUE-LUXURY TAXES | $8,157,882 | $8,157,882 |
| REGISTRATION STAFFING | $131,066 | $131,066 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,288,948 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,528 | TotalRevenueColumnAmt |
| Exclusion | $8,528 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,360,550 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,288,948 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $8,528 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $300,171 | TotalAmt |
| Program Services | $267,626 | ProgramServicesAmt |
| Management And General | $32,545 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,084,004 | TotalAmt |
| Program Services | $1,858,050 | ProgramServicesAmt |
| Management And General | $225,954 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,345 | TotalAmt |
| Program Services | $67,105 | ProgramServicesAmt |
| Management And General | $6,240 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $372,804 | TotalAmt |
| Program Services | $341,087 | ProgramServicesAmt |
| Management And General | $31,717 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $211,686 | TotalAmt |
| Program Services | $190,341 | ProgramServicesAmt |
| Management And General | $21,345 | ManagementAndGeneralAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $44,346 | TotalAmt |
| Management And General | $44,346 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,740 | TotalAmt |
| Management And General | $23,740 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,913 | TotalAmt |
| Program Services | $12,244 | ProgramServicesAmt |
| Management And General | $6,669 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,200,920 | TotalAmt |
| Program Services | $4,162,123 | ProgramServicesAmt |
| Management And General | $38,797 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $60,792 | TotalAmt |
| Program Services | $44,479 | ProgramServicesAmt |
| Management And General | $16,313 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,064 | TotalAmt |
| Program Services | $35,296 | ProgramServicesAmt |
| Management And General | $35,768 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,075 | TotalAmt |
| Program Services | $94,235 | ProgramServicesAmt |
| Management And General | $20,840 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $749,817 | TotalAmt |
| Program Services | $740,675 | ProgramServicesAmt |
| Management And General | $9,142 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,155 | TotalAmt |
| Program Services | $9,155 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $19,661 | TotalAmt |
| Program Services | $15,976 | ProgramServicesAmt |
| Management And General | $3,685 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| PAYROLL PROCESSING | $4,217 | $2,094 | $2,123 |
| BANK CHARGES | $812 | $403 | $409 |
| LICENSE | $28 | $28 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,360,550 | TotalAmt |
| Program Services | $7,840,889 | ProgramServicesAmt |
| Management And General | $519,661 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,632,737 | BOYAmt |
| EOY | $1,513,497 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,765 | BOYAmt |
| EOY | $14,445 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $221,028 | BOYAmt |
| EOY | $59,079 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $50,346 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $18,391 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,762 | BOYAmt |
| EOY | $31,955 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $25,000 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,904,292 | BOYAmt |
| EOY | $1,643,976 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,121,164 | BOYAmt |
| EOY | $909,797 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $341,830 | BOYAmt |
| EOY | $319,949 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,298 | BOYAmt |
| EOY | $9,230 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,499,292 | BOYAmt |
| EOY | $1,238,976 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,000 | BOYAmt |
| EOY | $405,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $405,000 | BOYAmt |
| EOY | $405,000 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,904,292 | BOYAmt |
| EOY | $1,643,976 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $0 | ReconcilationRevenueExpnssAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $50,346 | OtherCostOrOtherBasisAmt |
| Depreciation | $18,391 | DepreciationAmt |
| Book Value | $31,955 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,955 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO ATLANTIC CITY SPORTS COMMISSI | Desc |
| Amt | $9,230 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $9,230 | TotalLiabilityAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| JAMES WOOD | ||||
| EXECUTIVE DIRECTOR | $230,901 | $69,270 | $31,996 | $300,171 |
| GARY MUSICH | ||||
| SALES MANAGER | $173,235 | $51,970 | $43,501 | $225,205 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990 - ORGANIZATION'S MISSION | TRADE ASSOCIATION ORGANIZED (1)TO PROMOTE AND MARKET THE CITY OF ATLANTIC CITY (NEW JERSEY) AS A DESTINATION FOR CONVENTION, MEETINGS AND TRADESHOWS; (2) TO IMPROVE COMMON ECONOMIC INTERESTS OF BUSINESSES THROUGHOUT THE ATLANTIC CITY REGION; AND (3) TO ENHANCE EMPLOYMENT OPPORTUNITIES AND STIMULATE ECONOMIC GROWTH WITH THE ATLANTIC CITY REGION. |
| FORM 990, PAGE 2, PART III, LINE 4A | CITY; PROVIDE TOURISM AND EVENT-PLANNING SERVICES TO ASSOCIATIONS, BUSINESSES, ORGANIZATIONS AND GROUPS CONVENING OR HOLDING CONVENTIONS, MEETINGS OR EVENTS; PREPARE, PUBLISH AND UPDATE MATERIALS PROVIDING SPECIFIC INFORMATIOM ON THE FACILITIES, HOTELS, RESTAURANTS, ENTERTAINMENT AND OTHER AMENITIES LOCATED IN ATLANTIC CITY, AND DISTRIBUTE SAID MATERIALS TO EVENT PLANNERS OR COORDINATORS; COORDINATE WITH ATLANTIC CITY HOTELS, RESTAURANTS AND ENTERTAINMENT VENUES THE CROSS-SELLING AND BOOKING OF SAID FACILITIES IN CONNECTION WITH THE BOOKING OF A CONVENTION, TRADESHOW OR OTHER MEETING EVENTS AT THE FACILITIES; AND CREATE AND MAINTAIN STRATEGIC RELATIONSHIPS FOR THE COORDINATION OF SERVICES WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND ITS BUSINESS PARTNERS, AS THEY RELATE TO THE CONVENTION AND MEETING BUSINESS IN ATLANTIC CITY. ACCOMPLISHMENTS: MEET AC'S PROUDLY HOSTED FOUR INDUSTRY SHOWS IN 2016 WHICH INCLUDED HEALTH PROFESSIONS NETWORK, MEETING PROFESSIONALS INTERNATIONAL WORLD EDUCATION CONGRESS, TEAMS EXPO & CONFERENCE AND THE TRADE SHOW NEWS NETWORK AWARDS. HOSTING THESE KEY EVENTS LED US TO SECURE UNIQUE GROUPS SUCH AS NORTH AMERICAN BENGALI ASSOCIATION, BOOK MULTI-YEAR CONTRACTS AT THE CONVENTION CENTER FOR 2017 THROUGH 2021 (ATLANTIC CITY AUCTION & CAR SHOW & PROGRESSIVE INSURANCE ATLANTIC CITY BOAT SHOW) AND SHOWCASE OUR BEAUTIFUL CITY. MEET AC IS STILL WORKING CLOSELY WITH THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY AND COMCAST SPECTATOR TO ALIGN OUR MARKETING EFFORTS NOT ONLY FOR THE CITY OF ATLANTIC CITY BUT FOR THE ATLANTIC CITY CONVENTION CENTER AND BOARDWALK HALL. IN 2017, IT WILL BE IMPERATIVE FOR US TO BOOK MORE BUSINESS IN THE CONVENTION CENTER AND THERE WILL BE MANY NEW UPGRADES COMING TO THAT BUILDING WHICH INCLUDE NEW LIGHTING, FACADES AND DIGITAL ADVERTISING. OUR MARKETING TEAM IS CONTINUING TO STAY AHEAD OF THE CURVE BY IMPLEMENTING A COMPREHENSIVE DIGITAL MARKETING CAMPAIGN INCLUDING SOCIAL MEDIA, GOOGLE ADWORDS, RETARGETING AND DIGITAL AD TRACKING. WHILE DIGITAL ADVERTISING IS OUR MAIN PRIORITY, WE ARE STILL FOCUSED ON TRADITIONAL PRINT ADVERTISING AND WILL ADVERTISE IN 21 TRADE PUBLICATIONS, INCENTIVIZING CONVENTION BUSINESS AND SHOWCASING OUR SEASIDE DESTINATION THROUGH POSITIVE ADVERTORIAL. |
| FORM 990, PAGE 6, PART VI, LINE 7A | TRUSTEES ELECT AND NOMINATE CANDIDATES TO MEET CERTAIN REQUIREMENTS. THE BOARD SHALL CONSIST OF AT LEAST FIVE AND NO MORE THAN THIRTEEN MEMBERS AND AT ALL TIMES COMPRISED OF: (1) ONE TRUSTEE WHO SHALL BE THE EXECUTIVE DIRECTOR OF THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY, (2)TWO TRUSTEES ACTIVELY EMPLOYED BY THE CASINO INDUSTRY; (3) ONE TRUSTEE ACTIVELY EMPLOYED BY A NON-CASINO HOTEL INDUSTRY IN ATLANTIC CITY AND (4) ONE TRUSTEE WHO SHALL BE A MEMBER OF THE ATLANTIC CITY TOURISM DISTRICT BUSINESS COMMUNITY (OTHER THAN A MEMBER OF THE CASINO OR NON-CASINO HOTEL INDUSTRY). |
| FORM 990, PAGE 6, PART VI, LINE 7B | ACTIONS REQUIRING 80% APPROVAL OF THE BOARD OF TRUSTEES WILL BE (1) MERGER, DISSOLUTION OR LIQUIDATION OF THE CORP, (2) ANY AMENDMENTS TO THE CORPORATION'S ARTICLES OF INCORPORATION OR BYLAWS, (3) THE SALE, PLEDGE, LEASE, OR OTHER TRANSFER OF THE ASSETS OF THE CORPORATION OTHER THAN TRANSACTIONS OCCURRING IN THE ORDINARY COURSE OF BUSINESS, (4) THE ADOPTION OF THE CORPORATION'S ANNUAL BUDGET, MARKETING PLAN AND ANNUAL GOALS, (5) ANY LOANS TO BE INCURRED ON BEHALF OF THE CORPORATION AS PART OF THE CASINO REINVESTMENT DEVELOPMENT AUTHORITY'S APPROVED BUDGET. |
| FORM 990, PAGE 6, PART VI, LINE 11B | REVIEWED BY THE BOARD OF TRUSTEES WITH INQUIRIES THE THE ORGANIZATION'S ACCOUNTANT AS NECESSARY |
| FORM 990, PAGE 6, PART VI, LINE 15A | ALL COMPENSATION DECISIONS ARE APPROVED BY THE BOARD AS WELL AS ANY INCENTIVE BONUSES |
| FORM 990, PAGE 6, PART VI, LINE 19 | UPON WRITTEN REQUEST |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Public Charity StatusPublicCharityStatusTxt | Direct Controlling NADirectControllingNACd | Controlled OrganizationControlledOrganizationInd | EINEIN | Exempt Code SectionExemptCodeSectionTxt |
|---|---|---|---|---|---|---|---|---|---|---|
| CASINO REINVESTMENT DEVELOPMENT AUT | ||||||||||
| 15 S PENNSYLVANIA AVE | ATLANTIC CITY | NJ | 08401 | RENT\CONTR | NJ | 6 | N/A | false | ||
| ATLANTIC CITY SPORTS COMMISSION | ||||||||||
| 2314 PACIFIC AVE | ATLANTIC CITY | NJ | 08401 | DUE TO | NJ | 7 | N/A | false | 472650887 | 501C3 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | false | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | false | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | false | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | false | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (true) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | false | DivRelatedOrganizationInd |
| Asset Sale To Other Org | false | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | false | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | false | AssetExchangeInd |
| Rental Of Facilities To Oth Org | Yes (true) | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | false | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | false | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | false | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | false | SharingOfFacilitiesInd |
| Paid Employees Sharing | false | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (true) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | false | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | false | TransferToOtherOrgInd |
| Transfer From Other Org | false | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (4 entries)
| Business Name Line2OtherOrganizationName/BusinessNameLine2Txt | Transaction TypeTransactionTypeTxt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CASINO REINVESTMENT DEVELOPMENT AUT | ||
| 8157882 | S | LUXURY TAX FUNDS |
| CASINO REINVESTMENT DEVELOPMENT AUT | ||
| 60000 | K | RENT CONTRACT |
| ATLANTIC CITY SPORTS COMMISSION | ||
| 9230 | E | COST |
| ATLANTIC CITY SPORTS COMMISSION | ||
| 749817 | P | COST |