2012-05-17T08:00:30-05:00 2011-06-30 990 2010-07-01 222889703 NEW JERSEY PERFORMING ARTS CENTER CORPORATION NEWJ 9736428989 ONE CENTER STREET NEWARK NJ 07102 JOHN SCHREIBER 9736428989 2012-05-12 false 2012-05-17 2010 2016-02-24 21:20:13Z JOHN SCHREIBER ONE CENTER STREET NEWARK NJ 07102 48031379 false X WWW.NJPAC.ORG X 1988 NJ TO PRESENT THE WORLD'S GREATEST ARTISTS IN THE STATE'S MOST SPECTACULAR SETTING; TO CONVENE ONGOING CIVIC, SOCIAL, CULTURAL AND INTELLECTUAL EXCHANGES; TO ENGAGE NEW JERSEY'S DIVERSE POPULATION; TO ENHANCE AND TRANSFORM THE LIVES OF CHILDREN AND FAMILIES THROUGH ARTS EDUCATION; TO HELP DRIVE NEWARK'S REVITALIZATION. 56 51 567 360 100067 12176706 9989665 7892980 10521238 1041274 5003798 622855 594051 21733815 26108752 119116 120546 0 10966537 11242103 44583 39800 1982684 16927793 19941561 28058029 31344010 -6324214 -5235258 213464595 211955467 13531125 12100955 199933470 199854512 X TO PRESENT THE WORLD'S GREATEST ARTISTS IN THE STATE'S MOST SPECTACULAR SETTING; TO CONVENE ONGOING CIVIC, SOCIAL, CULTURAL AND INTELLECTUAL EXCHANGES; TO ENGAGE NEW JERSEY'S DIVERSE POPULATION; TO ENHANCE AND TRANSFORM THE LIVES OF CHILDREN AND FAMILIES THROUGH ARTS EDUCATION; TO HELP DRIVE NEWARK'S REVITALIZATION. false false 12934271 9656680 PERFORMANCES AND PERFORMANCE RELATED PROGRAMS PRESENTED APPROXIMATELY 159 PERFORMANCES AND OTHER EVENTS WITH OVER 250,000 PATRONS IN ATTENDANCE. PROGRAMS INCLUDED ORCHESTRA,RECITAL,MUSICAL THEATER,DANCE,POP,VARIETY,JAZZ AND OTHER DISCIPLINES,PERFORMED BY LOCAL,NATIONAL AND INTERNATIONAL ARTISTS. 3349757 120546 864558 ARTS EDUCATION PROGRAMS CONDUCTED ARTS EDUCATION ACTIVITIES THAT CATER TO THE FULL SPECTRUM OF SCHOOLS' NEEDS AND CHILDREN'S ABILITIES WITH IN-SCHOOL INSTRUCTION THROUGH THE ARTIST-IN-RESIDENCY PROGRAMS, CONSERVATORY-STYLE ARTS TRAINING INITIATIVES FOR TALENTED STUDENTS, PROFESSIONAL DEVELOPMENT FOR EDUCATORS AND LIVE PERFORMANCES THROUGH THE SCHOOLTIME AND FAMILYTIME SERIES. PRESENTED APPROXIMATELY 88 SCHOOLTIME AND FAMILYTIME PERFORMANCES WITH A WIDE VARIETY OF ARTISTS IN MUSIC, DANCE AND THEATER. IN ADDITION, SUPPLEMENTAL WORKSHOPS, LECTURES, CURRICULUM MATERIALS AND COMMUNITY EVENTS WERE HELD. MORE THAN 77,000 CHILDREN, PARENTS AND EDUCATORS WERE SERVED BY NJPAC'S ARTS EDUCATION PROGRAMS DURING THE YEAR ENDED JUNE 30, 2011. 6663494 THEATER OPERATIONS PROVIDED SERVICES FOR THE MANAGEMENT, OPERATION AND MAINTENANCE OF THE ARTS CENTER, PARKING FACILITIES AND THEATER SQUARE PLAZA FOR PUBLIC USE AND ENJOYMENT. 2736197 MARKETING AND PUBLIC AFFAIRS NJPAC KEEPS THE PUBLIC AND THE MEDIA FULLY INFORMED ABOUT ITS PROGRAMS, EVENTS AND EDUCATIONAL ACTIVITIES. REAL ESTATE DEVELOPMENT PLANNING, IMPROVEMENT AND DEVELOPMENT OF OWNED/LEASED REAL ESTATE IN FURTHERANCE OF NJPAC'S MISSION OF DRIVING THE REVITALIZATION OF CITY OF NEWARK. 2736197 25683719 true true false false false false true false true true true false false true true false true false false true false false true true false false false true true false false false false false false true true true false false false true true true true false false true X 322 0 true 567 true true true true NT false false true true true true false false false false X 56 51 true false false false false false false true true false false true true true true true true true true false NJ NY FL X RENE TOVERA 9736428989 ONE CENTER STREET NEWARK NJ 07102 X LAWRENCE P GOLDMAN 50.00 X X 750027 0 128206 A MICHAEL LIPPER 1.00 X 0 0 0 ALLEN L BILDNER 1.00 X 0 0 0 ANDREW P SIDAMON-ERISTOFF 1.00 X 0 0 0 ANN D BOROWIEC 1.00 X 0 0 0 ANN M LIMBERG 1.00 X 0 0 0 ANNE E ESTABROOK 1.00 X 0 0 0 ARTHUR F RYAN 1.00 X 0 0 0 J 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BARAKA SELE 50.00 X 93256 0 6641 SANAZ HOJREH 50.00 X 77668 0 9611 ERNEST DIROCCO 50.00 X 116270 0 18188 WILLIAM WORMAN 50.00 X 105561 0 21806 PAUL ALLSHOUSE 50.00 X 103455 0 20978 3157834 390574 15 false true false ELIRAN MURPHY GROUP LTD 1040 AVENUE OF THE AMERICAS NEW YORK NY 10036 ADVERTISING 510585 GATEWAY SECURITY INC 604-608 MARKET STREET NEWARK NJ 07105 SECURITY SERVIC 482819 ISS TMC SERVICES INC 81 DORSA AVENUE LIVINGSTON NJ 07039 JANITORIAL SERV 444461 COLUMBIA ARTISTS MGT LLC 1790 BROADWAY NEW YORK NY 10019 ARTISTS/PERFORM 391391 XEROX CORPORATION PO BOX 828187 PHILADELPHIA PA 19182 PRINTING 295612 21 1764875 49235 1151508 7024047 312516 9989665 PERFORMANCE RELATED 711110 9656680 9656680 ARTS EDUCATION REVENUE 711110 864558 864558 10521238 1357435 1357435 1645555 1449963 195592 195592 195592 22821578 357819 19533034 3288544 357819 3646363 3646363 374850 1764875 939630 -564780 -564780 PARKING SERVICES 711110 476575 476575 FOOD SERVICES 711110 137750 137750 ADVERTISING FEES 541800 100067 100067 248847 248847 963239 26108752 10521238 100067 5497782 120546 120546 3034551 1359246 1334708 340597 29000 29000 6046741 4755770 570847 720124 147129 86938 47132 13059 1076363 863038 122525 90800 908319 646490 155735 106094 119974 119974 99462 99462 39800 39800 1024145 821092 133936 69117 2903430 2636723 63386 203321 493115 330792 85150 77173 2181218 2089879 87271 4068 222822 199884 20370 2568 222849 133729 44064 45056 147235 56947 89368 920 4197293 3971579 116370 109344 448065 448065 ARTIST & PERFORMER FEES 5055485 5054085 1200 200 REAL ESTATE PRE-DEVELPMNT 679699 679699 PARKING OPERATIONS 614171 614171 PRODUCTION COSTS 369155 347440 21715 RECRUITMENT 244689 6431 205623 32635 918754 432175 358771 127808 31344010 25683719 3677607 1982684 4448980 300101 17502204 13718680 858234 989089 915513 701504 185350071 54145521 134864811 131204550 44142982 50257233 10731871 14784310 213464595 211955467 3911496 3802062 2290829 2094151 5800000 4450000 1133477 1329172 395323 425570 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114569 5270869 35611 31726485 5156300 346864 114569 5617733 26108752 26108752 31690874 346864 346864 31344010 31344010 INTENDED USES FOR ENDOWMENT FUNDS SCHEDULE D, PAGE 2, PART V, LINE 4 ENDOWMENT FUND REVENUE IS USED FOR GENERAL OPERATING SUPPORT UNLESS RESTRICTED BY THE DONOR FOR A SPECIFIC PURPOSE. LIABILITY UNDER FIN 48 FOOTNOTE SCHEDULE D, PAGE 3, PART X THERE ARE CERTAIN TRANSACTIONS THAT COULD BE DEEMED UNRELATED BUSINESS INCOME AND WOULD RESULT IN A TAX LIABILITY. NJPAC MANAGEMENT REVIEWS TRANSACTIONS TO ESTIMATE POTENTIAL TAX LIABLITIES USING A THRESHOLD OF MORE LIKELY THAN NOT. IT IS MANAGEMENT'S ESTIMATION THAT THERE ARE NO MATERIAL TAX LIABILITIES THAT NEED TO BE RECORDED. RECONCILIATION OF CHANGES - OTHER SCHEDULE D, PAGE 4, PART XI, LINE 8 NET INVESTMENT INCOME OF THE ARTS EDUCATION ENDOWMENT 0 FUND IN HONOR OF RAYMOND G. CHAMBERS INC. - INCLUDED IN 0 CONSOLIDATED AUDITED FINANCIAL STATEMENTS 114,569 REVENUE AMOUNTS INCLUDED IN FINANCIALS - OTHER SCHEDULE D, PAGE 4, PART XII, LINE 2D NET INVESTMENT INCOME OF THE ARTS EDUCATION ENDOWMENT 0 FUND IN HONOR OF RAYMOND G. CHAMBERS INC. - INCLUDED IN 0 CONSOLIDATED AUDITED FINANCIAL STATEMENTS 114,569 CENTRAL AMERICA AND THE CARRIBEAN INVESTMENTS 7927811 7927811 7927811 ADDITIONAL INFORMATION SCHEDULE F, PAGE 5, PART V PART I, LINE 3, COLUMN F METHOD OF VALUATION OF INVESTMENTS - FAIR MARKET VALUE X X X X X X X true EVERGREEN PARTNERS INC 51 MOUNT BETHEL RD WARREN NJ 07059 SPECIAL EV true 2139725 87000 2052725 THE LUKENS COMPANY 2800 SHIRLINGTON RD ARLINGTON VA 22206 DIRECT MAI true 424660 38500 386160 2564385 125500 2438885 NJ NY FL ANNUAL GALA 2139725 1764875 374850 29996 259737 241283 408614 2139725 1764875 374850 29996 259737 241283 408614 939630 -564780 CUSTODY OR CONTROL ARRANGEMENT SCHEDULE G PAGE 1 PART I LINE 2B COLUMN III EVERGREEN PARTNERS INC NJPAC HAS CUSTODY AND CONTROL OF CONTRIBUTIONS THE LUKENS COMPANY NJPAC HAS CUSTODY AND CONTROL OF CONTRIBUTIONS FUNDRAISING VS REIMBURSEMENT EXPLANATION SCHEDULE G PAGE 1 PART I LINE 2B COLUMN V EVERGREEN PARTNERS INC FIXED RETAINER FEE PLUS ACTUAL REIMBURSABLE EXPENSES THE LUKENS COMPANY FIXED RETAINER FEE PLUS ACTUAL REIMBURSABLE EXPENSES true THE STAR-LEDGER SCHOLARSHIPS 12 80000 THE JEFFREY CAROLLO MUSIC SCHOLARSHIPS 12 19296 THE MCJ BERKLEE COLLEGE OF MUSIC SCHOLARSHIPS 5 21250 PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS INSIDE THE UNITED STATES SCHEDULE I, PAGE 1, PART I, LINE 2 THE STAR LEDGER SCHOLARSHIP PROGRAM IS DESIGNED TO PROVIDE HIGHER EDUCATION OPPORTUNITIES FOR YOUNG PEOPLE IN NEWARK. THIS PROGRAM ENABLES NJPAC TO IDENTIFY, CULTIVATE AND TRAIN GIFTED COLLEGE-BOUND NEWARK HIGH SCHOOL SENIORS WHO DEMONSTRATE THE POTENTIAL TO BECOME LEADING ARTS PROFESSIONALS. THE SCHOLARSHIPS SUPPORT A 4-YEAR EDUCATION LEADING TO THE COMPLETION OF A DEGREE FROM AN ACCREDITED UNDERGRADUATE INSTITUTION. THE SCHOLARSHIPS ALSO PROVIDE THE OPPORTUNITY TO GAIN PRACTICAL EXPERIENCE THROUGH INTERNSHIPS AT NJPAC. THE JEFFREY CAROLLO MUSIC SCHOLARSHIP PROGRAM PROVIDES COMPREHENSIVE TRAINING FOR SELECTED STUDENTS THROUGH THE MUSIC PROGRAMS AT THE NEWARK SCHOOL OF THE ARTS (NSA). NSA IS A COMMUNITY-BASED ORGANIZATION COMMITTED TO PROVIDING ACCESS TO SEQUENTIAL, COMPREHENSIVE ARTS EDUCATION AND PERFORMANCE ACTIVITIES. MCJ-AMELIOR FOUNDATION SPONSORED FIVE FULL SCHOLARSHIPS TO THE 2010 BERKLEE FIVE-WEEK SUMMER PERFORMANCE PROGRAM. SCHOLARS WERE CHOSEN THROUGH FACULTY RECOMMENDATION AND AUDITIONS. THE SCHOLARS JOINED APPROXIMATELY 900 PARTICIPANTS FROM THE US AND 69 OTHER COUNTRIES TO SHARE IN A PREMIERE CONTEMPORARY MUSIC SUMMER PROGRAM FOR YOUNG MUSICIANS WITH WORLD-CLASS BERKLEE FACULTY, VISITING ARTISTS AND STATE-OF-THE ART FACILITIES. CANDIDATES MUST AUDITION AT THE NJPAC'S ANNUAL YOUNG ARTIST TALENT SEARCH. AUDITIONEERS ARE EVALUATED ON TECHNICAL ABILITY AND ARTISTIC INTERPRETATION BY AN AUDITION COMMITTEE AND SCHOLARSHIP ADVISORY COMMITTEE. SCHOLARSHIP GRANTS ARE PAID DIRECTLY TO THE SCHOOL BY NJPAC UP TO THE GRANT AMOUNT. IN CASES WHERE THE GRANT EXCEEDS THE TUITION DUE, IT IS PAID TO THE STUDENT TO COVER OTHER EDUCATIONAL EXPENSES FOR THE TERM. ALL SCHOLARSHIP PAYMENTS ARE CONTINGENT ON VERIFICATION OF ENROLLMENT EACH SEMESTER. X true true X X X X X false false false false false false false true false LAWRENCE P GOLDMAN 522964 206305 20758 110591 17615 878233 BARBARA ARBESFELD 229161 57500 11082 6737 17504 321984 PETER HANSEN 183745 29000 10699 1926 19670 245040 STEPHANIE HUGHLEY 158056 34000 3571 4202 6971 206800 CATRINA BOISSON 149646 27990 760 3173 20249 201818 WARREN TRANQUADA 140160 25200 400 4200 1388 171348 JEFFREY NORMAN 122080 21600 3287 2493 6619 156079 FRINGE OR EXPENSE EXPLANATION SCHEDULE J, PAGE 1, PART I, LINE 1A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS CERTAIN OFFICERS ARE REIMBURSED FOR THE COST OF OBTAINING SUPPLEMENTAL INSURANCE AS PROVIDED IN THEIR EMPLOYMENT CONTRACTS. THE REIMBURSEMENT PAYMENT IS GROSSED-UP TO ACCOUNT FOR THE ADDITIONAL TAX COST OF RECEIVING THIS BENEFIT. THE GROSSED-UP AMOUNT IS REPORTED AS TAXABLE INCOME IN THE OFFICERS' W-2. NON-FIXED PAYMENTS PROVIDED SCHEDULE J, PAGE 1, PART I, LINE 7 A VARIABLE PORTION OF THE COMPENSATION OF CERTAIN OFFICERS IS "AT RISK." A TARGET AMOUNT FOR THIS VARIABLE COMPENSATION IS SET FOR EACH OFFICER WHICH IS A PERCENTAGE OF SALARY BASED ON LEVEL OF POSITION. PURSUANT TO NJPAC POLICY AS APPROVED AND REVIEWED PERIODICALLY BY THE HUMAN RESOURCES COMMITTEE OF THE BOARD, PAYMENT OF UP TO THE MAXIMUM OF THIS TARGET IS DETERMINED BASED ON THE OFFICER'S ANNUAL PERFORMANCE REVIEW. RALPH A LAROSSA BOARD MEMBER 611110 PSE&G- ELECTRIC false WILLIAM J MARINO BOARD MEMBER 849761 HORIZON- INSURANCE false DENNIS M BONE BOARD MEMBER 102378 VERIZON-TELEPHONE false JUDITH JAMISON BOARD MEMBER 180000 A. AILEY-PERFORMANCE false CLIVE S CUMMIS FORMER BOARD M 29000 FAMILY - CONSULTANT false X 1 312516 MARKET false true false ORGANIZATION'S MISSION FORM 990 - ORGANIZATION'S MISSION TO PRESENT THE WORLD'S GREATEST ARTISTS IN THE STATE'S MOST SPECTACULAR SETTING; TO CONVENE ONGOING CIVIC, SOCIAL, CULTURAL AND INTELLECTUAL EXCHANGES; TO ENGAGE NEW JERSEY'S DIVERSE POPULATION; TO ENHANCE AND TRANSFORM THE LIVES OF CHILDREN AND FAMILIES THROUGH ARTS EDUCATION; TO HELP DRIVE NEWARK'S REVITALIZATION. ALL OTHER ACHIEVEMENTS DESCRIPTION FORM 990, PAGE 2, PART III, LINE 4D MARKETING AND PUBLIC AFFAIRS NJPAC KEEPS THE PUBLIC AND THE MEDIA FULLY INFORMED ABOUT ITS PROGRAMS, EVENTS AND EDUCATIONAL ACTIVITIES. REAL ESTATE DEVELOPMENT PLANNING, IMPROVEMENT AND DEVELOPMENT OF OWNED/LEASED REAL ESTATE IN FURTHERANCE OF NJPAC'S MISSION OF DRIVING THE REVITALIZATION OF CITY OF NEWARK. FINANCIAL ACCOUNTS IN FOREIGN COUNTRIES FORM 990, PART V, LINE 4B NETHERLANDS ANTILLES, CAYMAN ISLANDS RELATED PARTY INFORMATION AMONG OFFICERS FORM 990, PAGE 6, PART VI, LINE 2 MARC BERSON RAYMOND G. CHAMBERS DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS ALLEN L. BILDNER DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS LAWRENCE P. BATHGATE DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS CHRISTINE C. GILFILLAN DIRECTOR DIRECTOR FAMILY RELATIONSHIP GREGG GERKEN MARC BERSON DIRECTOR DIRECTOR BUSINESS RELATIONSHIP ROSS RICHARDS SANAZ HOJREH OFFICER OFFICER FAMILY RELATIONSHIP RAYMOND G. CHAMBERS ARTHUR F. RYAN DIRECTOR DIRECTOR BUSINESS RELATIONSHIP RAYMOND G. CHAMBERS CLIFFORD M. SOBEL DIRECTOR DIRECTOR BUSINESS RELATIONSHIP STEPHEN M. VAJTAY, JR. RALPH A. LAROSSA DIRECTOR DIRECTOR BUSINESS RELATIONSHIP ORGANIZATION'S PROCESS USED TO REVIEW FORM 990 FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PREPARED INTERNALLY BY THE FINANCE DEPARTMENT. THE DRAFT FORM 990 IS REVIEWED BY THE INDEPENDENT ACCOUNTING FIRM OF KPMG. THE AUDIT COMMITTEE THEN REVIEWS AND APPROVES THE FINAL 990 IN A MEETING ATTENDED BY COMMITTEE MEMBERS, NJPAC MANAGEMENT AND INDEPENDENT ACCOUNTANTS. AFTER APPROVAL, A COMPLETE COPY OF THE 990 IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW. THE AUDIT COMMITTEE CHAIR, CHIEF FINANCIAL OFFICER AND THE INDEPENDENT ACCOUNTANTS MAKE THEMSELVES AVAILABLE FOR QUESTIONS PRIOR TO THE FILING OF THE RETURN WITH THE IRS. ENFORCEMENT OF CONFLICTS POLICY FORM 990, PAGE 6, PART VI, LINE 12C ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES COMPLETE AN ANNUAL QUESTIONNAIRE TO DISCLOSE POTENTIAL CONFLICTS. THE QUESTIONNAIRE INCLUDES KEY DEFINITIONS AND EXAMPLES. IN ADDITION, THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY WITH OFFICERS, DIRECTORS AND KEY EMPLOYEES AND THE SAME ARE REGULARLY REMINDED TO DISCLOSE ANY CHANGES. FOR ALL ACTUAL AND POTENTIAL CONFLICTS THAT ARE IDENTIFIED BY NJPAC MANAGEMENT, THE AFFECTED PERSON IS REQUIRED TO RECUSE HIMSELF OR HERSELF FROM ALL TRANSACTIONS, DELIBERATIONS, NEGOTIATIONS AND OTHER MATTERS RELATING TO SUCH INTEREST. NEW OFFICERS, DIRECTORS AND KEY EMPLOYEES UNDERGO AN ORIENTATION WHICH INCLUDES A REVIEW OF THE CONFLICT OF INTEREST POLICY. COMPENSATION PROCESS FOR TOP OFFICIAL FORM 990, PAGE 6, PART VI, LINE 15A THE HUMAN RESOURCES COMMITTEE ANNUALLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE COMPARABILITY DATA FOR ALL VICE PRESIDENT LEVEL AND ABOVE OFFICERS. THE CONSULTANT ADVISES THE COMMITTEE ON THE REASONABLENESS OF CURRENT COMPENSATION. THE PRESIDENT AND CEO ADVISES THE COMMITTEE ON ACTIONS IMPACTING THE COMPENSATION OF VICE PRESIDENTS. THE EMPLOYMENT CONTRACTS FOR THE PRESIDENT AND CEO, EXECUTIVE VICE PRESIDENT AND COO, VICE PRESIDENT OF DEVELOPMENT, AND PRESIDENT OF THEATER SQUARE DEVELOPMENT COMPANY ARE REVIEWED BY THE COMMITTEE AND THE CONSULTANT. THE HUMAN RESOURCES COMMITTEE CHAIR RECOMMENDS THE CONTRACTS TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL. THE BOARD OF DIRECTORS IS INFORMED OF THE NATURE OF THE PROCESS AND MAY REQUEST ADDITIONAL INFORMATION FROM THE HUMAN RESOURCES COMMITTEE CHAIR. THE DELIBERATIONS AND DECISION OF THE HUMAN RESOURCES COMMITTEE ARE DOCUMENTED CONTEMPORANEOUSLY IN THE MINUTES. THE MINUTES ARE SUBMITTED TO THE EXECUTIVE COMMITTEE OF THE BOARD AND ARE ALSO DOCUMENTED IN THE MINUTES. NO INDIVIDUALS WHO HAVE A CONFLICT OF INTEREST MAY BE INVOLVED IN THE COMPENSATION REVIEW, DISCUSSIONS AND DECISIONS. COMPENSATION PROCESS FOR OFFICERS FORM 990, PAGE 6, PART VI, LINE 15B THE HUMAN RESOURCES COMMITTEE ANNUALLY ENGAGES AN INDEPENDENT CONSULTANT TO PROVIDE COMPARABILITY DATA FOR ALL VICE PRESIDENT LEVEL AND ABOVE OFFICERS. THE PRESIDENT AND CEO ADVISES THE COMMITTEE ON ACTIONS IMPACTING THE COMPENSATION OF VICE PRESIDENTS. THE VICE PRESIDENTS RECOMMEND THE COMPENSATION OF THEIR RESPECTIVE ASSISTANT VICE PRESIDENTS AND KEY EMPLOYEES BASED ON ANNUAL PERFORMANCE REVIEWS AND IN COMPLIANCE WITH COMPENSATION POLICY SET FOR THE ORGANIZATION. GOVERNING DOCUMENTS DISCLOSURE EXPLANATION FORM 990, PAGE 6, PART VI, LINE 19 NJPAC PUBLISHES AN ANNUAL REPORT TO THE COMMUNITY WHICH INCLUDES FINANCIAL STATEMENT HIGHLIGHTS. THIS REPORT IS DISTRIBUTED TO KEY STAKEHOLDERS AND IS AVAILABLE ON ITS WEBSITE - WWW.NJPAC.ORG. NJPAC'S CONFLICT OF INTEREST POLICY, FORM 990 AND AUDITED FINANCIAL STATEMENTS ARE DISTRIBUTED TO THE BOARD OF DIRECTORS AND ARE AVAILABLE TO THE GENERAL PUBLIC ON REQUEST. FORM 990 IS ALSO AVAILABLE AT WWW.GUIDESTAR.ORG. RELATED ORGANIZATIONS FORM 990, PAGE 7, PART VII SECTION A, COLUMN B - ESTIMATED HOURS PER WEEK FOR RELATED ORGANIZATIONS LAWRENCE P. GOLDMAN .2 A. MICHAEL LIPPER .1 ALLEN L. BILDNER .1 ANDREW P. SIDAMON-ERISTOFF .1 ANN D. BOROWIEC .1 ANN M. LIMBERG .1 ANNE E. ESTABROOK .1 ARTHUR F. RYAN .1 J. FLETCHER CREAMER .1 BRENDAN P. DOUGHER .1 BRIAN T. BEDOL .1 GREGG GERKEN .1 JEFFREY S. SHERMAN .1 CHRISTINE C. GILFILLAN .1 CHRISTOPHER J. CHRISTIE .1 CLIFFORD M. SOBEL .1 STEPHEN M. VAJTAY JR. .1 CORY A. BOOKER .1 DAVID S. STONE .1 DEBORAH SAGNER .1 DENNIS M. BONE .1 DIANA VAGELOS .1 DONALD A. ROBINSON .1 DONALD PAYNE JR. .1 FRED CORRADO .1 HAROLD MORRISON .1 HAROLD DENTON .1 J. CHRIS SCALET .1 JOHN STRANGFELD .1 JOSEPH N DIVINCENZO .1 JOSH S. WESTON .1 JUDITH JAMISON .1 KIMBERLY GUADAGNO .1 LAWRENCE E. BATHGATE .1 LEON G. COOPERMAN .1 LEONARD LIEBERMAN .1 LUCIA DINAPOLI GIBBONS .1 MARC E. BERSON .1 MARC H. MORIAL .1 MICHAEL TANENBAUM .1 MICHAEL R. GRIFFINGER .1 N. LYNNE HUGHES .1 NINA M. WELLS .1 PAT DIFILIPPO .1 PERCY CHUBB III .1 RALPH LAROSSA .1 RAYMOND G. CHAMBERS .1 ROBERT C WAGGONER .1 SAVION GLOVER .1 SHARON E. BURTON .1 SHEILA F. KLEHM .1 STEVEN E. GROSS .1 STEVEN M. GOLDMAN .1 SUSAN SOBBOTT .1 THOMAS H. KEAN .1 THOMAS M. O'FLYNN .1 VERONICA M. GOLDBERG .1 VICTOR PARSONNET .1 WILLIAM J. MARINO .1 BARBARA ARBESFELD .1 PETER HANSEN .1 STEPHANIE HUGHLEY .1 CATRINA BOISSON .1 WARREN TRANQUADA .2 JEFFREY NORMAN .1 SANDRA BOWIE .2 ROSS RICHARDS .1 AUSTIN CLEARY .1 CAROLYN VAN DUSEN .1 RENATO TOVERA .5 CHAD SPIES .1 BARAKA SELE .1 SANAZ HOJREH .1 ERNEST DIROCCO 0 WILLIAM WORMAN 0 PAUL ALLHOUSE 0 OTHER CHANGES IN NET ASSETS EXPLANATION FORM 990, PART XI, LINE 5 NET UNREALIZED GAIN ON INVESTMENTS - 5,156,300 THEATER SQUARE DEVELOPMENT COMPANY ONE CENTER STREET NEWARK NJ 07102 611674276 R/ESTATE NJ NA THE ARTS EDUCATION ENDOWMENT FUND ONE CENTER STREET NEWARK NJ 07102 223196074 SUPPORTNG NJ 501C3 11A NJPAC true NJ CTR FOR PERFORMING ARTS DEV CORP NJ CTR FOR PERFORMING ARTS DEV CORP ONE CENTER STREET NEWARK NJ 07102 222049475 R/ ESTATE NJ NA C CORP 1.00000 false false true false false false false false false false false false false false false false false false THE ARTS EDUCATION ENDOWMENT FUND C