2014-08-27T14:56:18-05:00 2013-12-31 221430039 SOBEL AND CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2013-01-01 371420125 ISLES COMMUNITY FOUNDATION INC ISLE 6093414700 10 WOOD STREET TRENTON NJ 08618 MARTIN JOHNSON PRESIDENT 6093414700 2014-08-27 1 RON MATAN P01277732 9739949494 2014-08-27 2013 2015-11-30 17:44:51Z MARTIN JOHNSON 10 WOOD STREET TRENTON NJ 08618 1967154 0 X WWW.ISLES.ORG X 2001 NJ TO MANAGE INVESTMENT ACTIVITIES FOR ISLES, INC. 5 3 0 0 0 0 0 100 0 0 219324 255149 49 454 219373 255703 0 0 0 0 0 0 0 0 0 42058 36427 42058 36427 177315 219276 3563935 3835241 827289 817929 2736646 3017312 THE FOUNDATION ACTS AS A SUPPORTING ORGANIZATION FOR ISLES, INC. AS DESCRIBED IN SECTION 509(A)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION MANAGES THE INVESTMENT ACTIVITIES OF ISLES, INC. 0 0 MANAGEMENT OF THE INVESTMENT ACTIVITIES OF ISLES, INC. 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 3 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X THE ORGANIZATION 6093414700 10 WOOD STREET TRENTON NJ 08618 MARTIN JOHNSON PRESIDENT & CHAIR 1.00 39.00 X X 0 127192 20007 ANN MARIE SENIOR VICE PRESIDENT 0.20 X X 0 0 0 STEVE GOODELL TRUSTEE 0.20 X 0 0 0 MANISH SHAH TREASURER 0.20 X X 0 0 0 ELIZABETH ERICKSON TRUSTEE 0.20 X 0 0 0 RONALD ZILINSKI CHIEF FINANCIAL OFFICER 1.00 39.00 X 0 62292 1246 RICHARD OBER SECRETARY 1.00 34.00 X 0 23783 523 0 213267 21776 0 0 0 0 0 100 100 129992 129992 1836608 1711451 125157 125157 125157 OTHER INCOME 900099 454 454 454 255703 0 0 255603 26519 26519 9883 9883 LICENSING AND FEES 25 25 36427 0 36427 0 233 3359484 3192261 204451 642747 3563935 3835241 25 25 827264 817904 827289 817929 X 2736646 3017312 2736646 3017312 3563935 3835241 219276 61390 0 X X 0 1 X 1 1 1 X X X X 0 0 0 ISLES INC 222350832 501(C)(3) 1 1 1 0 1 0 0 DUE FROM RELATED PARTY 642747 642747 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RECOGNIZED ISLES COMMUNITY FOUNDATION, INC. AS TAX EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION FOLLOWS STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S CONSOLIDATED FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST, AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED 2013 AND 2012. THE TAX YEARS SUBJECT TO AUDIT BY FEDERAL AND STATE JURISDICTIONS ARE THE YEARS ENDED DECEMBER 31, 2010, AND FORWARD. AT DECEMBER 31, 2013 AND 2012, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. FORM 990, PART VI, SECTION A, LINE 7A THE GOVERNING BOARD OF ISLES INC. ELECTS THE GOVERNING BOARD OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY, AND D. UNDERSTANDS THAT ISLES, INC. AND SUBSIDIARIES ARE NON-PROFIT ORGANIZATIONS AND THAT IN ORDER TO MAINTAIN THEIR FEDERAL TAX EXEMPTION THEY MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF THEIR TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPENSATION INVOLVES AN ANNUAL REVIEW OF THE INDIVIDUAL'S PERFORMANCE AND COMPARISON OF PRESENT COMPENSATION TO MARKET DATA. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990 IS ALSO AVAILABLE VIA THE WEBSITE WWW.GUIDESTAR.ORG. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. ISLES PROPERTIES INC 10 WOOD STREET TRENTON NJ 08618 550799217 HOLDING COMPANY OF REAL ESTATE PROPERTY FOR FOR ISLES, INC.'S EXEMPT PURPOSE NJ 501(C)(2) ISLES INC 1 ISLES INC 10 WOOD STREET TRENTON NJ 08618 222350832 PROVIDES HOUSING, GARDENING, RECREATION, AND ENVIRONMENTAL EDUCATION NJ 501(C)(3) LINE 7 N/A 0 ISLES E4 INC 10 WOOD STREET TRENTON NJ 08618 270375809 TRAIN INDIVIDUALS TO PERFORM WEATHERIZATION SERVICE TO LOW INCOME HOUSEHOLDS NJ 501(C)(3) LINE 9 ISLES INC 1 ISLES COMMUNITY ENTERPRISES 10 WOOD STREET TRENTON NJ 08618 262483265 TO PROVIDE EDUCATION, TRAINING, & FINANCING TO DISTRESSED COMMUNITIES NJ 501(C)(3) LINE 9 ISLES INC 1 ISLES MILL 57 INC 10 WOOD STREET TRENTON NJ 08618 271568899 ACQUIRE, HOLD, & SELL REAL PROPERTY TO SUPPORT OTHER 501(C)(3) ORGANIZATIONS NJ 501(C)(3) 11 ISLES INC 1 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 ISLES INC D 642747 LOAN VALUE