2011-11-15T15:16:06-06:00 2010-12-31 SOBEL AND CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2010-01-01 371420125 ISLES COMMUNITY FOUNDATION INC ISLE 6093414700 10 WOOD STREET TRENTON NJ 08618 MARTIN JOHNSON 6093414700 2011-11-15 1 RON MATAN 9739949494 2011-11-15 2010 2016-03-07 17:11:31Z MARTIN JOHNSON 10 WOOD STREET TRENTON NJ 08618 3121084 0 X WWW.ISLES.ORG X 2001 NJ TO MANAGE INVESTMENT ACTIVITIES FOR ISLES, INC. 4 2 0 0 0 0 0 700000 0 0 -78643 134228 0 0 -78643 834228 0 0 0 0 0 0 0 0 0 140499 156479 140499 156479 -219142 677749 1973567 2946376 0 301241 1973567 2645135 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 156479 MANAGEMENT OF THE INVESTMENT ACTIVITIES OF ISLES, INC. 156479 1 1 0 0 0 0 0 0 0 0 1 0 1 1 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 0 1 0 0 0 0 0 0 0 0 0 0 0 X 4 2 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NJ X X THE ORGANIZATION 6093414700 10 WOOD STREET TRENTON NJ 08618 MANISH H SHAH 0.50 X X 0 0 0 MARTIN JOHNSON 0.50 X X 0 129683 11022 STEVEN GOODELL 0.50 X X 0 0 0 ELIZABETH JOHNSON 0.50 X X 0 103486 9864 DONNA KATES 35.00 X 0 81373 3819 0 314542 24705 0 0 0 0 0 700000 700000 76481 76481 2344603 2286856 57747 57747 57747 834228 0 0 134228 17 17 16021 16021 1241 1241 139200 139200 156479 156479 0 0 159802 688893 1763545 1668263 50220 589220 1973567 2946376 0 301241 0 301241 X 1973567 2645135 1973567 2645135 1973567 2946376 X 677749 -6181 X X 0 1 1 X 1 1 X X X 0 0 0 ISLES INC 222350832 501(C)(3) 1 1 1 139200 1 139200 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 INVESTMENT OTHER 1668263 F 1668263 DUE TO/DUE FROM RELATED PARTY 589220 589220 DUE TO RELATED PARTY 301241 301241 834228 156479 677749 -6181 -6181 671568 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT 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. AT DECEMBER 31, 2010, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES THAT ARE EXPECTED TO HAVE A MATERIAL IMPACT ON THE ORGANIZATION'S 2010 FINANCIAL STATEMENTS. FORM 990, PART VI, SECTION A, LINE 2 MARTIN JOHNSON AND ELIZABETH JOHNSON ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PROVIDED TO THE FINANCE COMMITTEE AND 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 C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND FORM 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990 IS ALSO AVAILABLE AT ANOTHER'S WEBSITE GUIDESTAR.COM. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -6,181. FORM 990, PART XII, LINE 2C THE 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) N/A 0 ISLES INC 10 WOOD STREET TRENTON NJ 08618 222350832 PROVIDES HOUSING, GARDENING, RECREATION, AND ENVIRONMENTAL EDUCATION NJ 501(C)(3) 9 N/A 0 ISLES E4 INC 10 WOOD STREET TRENTON NJ 08618 271568899 TRAIN INDIVIDUALS TO PERFORM WEATHERIZATION SERVICE TO LOW INCOME HOUSEHOLDS NJ 501(C)(3) 9 N/A 0 ISLES COMMUNITY ENTERPRISES 10 WOOD STREET TRENTON NJ 08618 262483265 TO PROVIDE EDUCATION, TRAINING, & FINANCING TO DISTRESSED COMMUNITIES NJ 501(C)(3) - APPL PEN 9 N/A 0 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) - APPL PEN 9 N/A 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ISLES INC B 139200 CASH ISLES INC D 589200 CASH ISLES INC C 700000 CASH