Corporation For Business Assistance In New Jersey in Trenton, New Jersey (NJ)

Corporation For Business Assistance In New Jersey
Employer Identification Number (EIN)	222466727
Name of Organization	Corporation For Business Assistance In New Jersey
Address	36 W State St, Trenton, NJ 08608-1213
Activities	Area development, redevelopment of renewal
Subsection	Civic League
Ruling Date	10/1984
Deductibility	Contributions are not deductible
Foundation	All organizations except 501(c)(3)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$1 to $9,999
Filing Requirement	990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount	$252,460
Amount of Income	$144
Form 990 Revenue Amount	$144
National Taxonomy of Exempt Entities (NTEE)	Community Improvement, Capacity Building: Management Services for Small Business, Entrepreneurs

Non-representatives - add comments:

Amount of income in 2013: $144

Corporation For Business Assistance In New Jersey:	$144
Other organizations performing similar types of work:	$589,932

Assets in 2013: $252,460

Corporation For Business Assistance In New Jersey:	$252,460
Other organizations performing similar types of work:	$2,579,743

Expenses in 2013: $7,955

This organization:	$7,955
Other organizations performing similar types of work:	$707,205

Income to expenses ratio in 2013: 0.0

Corporation For Business Assistance In New Jersey:	0.0
Other organizations performing similar types of work:	1.0

Expenses allocated to program services in 2007: 84.1%

Corporation For Business Assistance In New Jersey:	84.1%
Other organizations performing similar types of work:	80.1%

Grants share in income in 2013: 0.0%

Corporation For Business Assistance In New Jersey:	0.0%
Other organizations performing similar types of work:	1.3%

Financial snapshot ($)

	2011	2012	2013
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$298	$149	$144
Contributions, gifts, grants, and similar amounts received	$0	$0	$0
Program service revenue including government fees and contracts	$0	$0	$0
Membership dues and assessments	$0	$0	$0
Investment income	$298	$149	$144
Gain/Loss from sale of assets other than inventory	$0	$0	$0
Net income/loss from gaming and fundraising events	$0	$0	$0
Gross profit/loss from sales of inventory	$0	$0	$0
Other revenue	$0	$0	$0
Total expenses	$7,525	$7,750	$7,955
Total net assets	$262,856	$255,255	$247,444
Excess/Deficit for the year	$-7,227	$-7,601	$-7,811
Net assets or fund balances at beginning of year	$270,083	$262,856	$255,255
Other changes in net assets or fund balances	$0	$0	$0
Net assets or fund balances at end of year		$255,255	$247,444

	2011	2012	2013
Balance Sheets
Total assets	$270,356	$259,591	$252,460
Total liabilities	$7,500	$4,336	$5,016
Net assets or fund balances	$262,856	$255,255	$247,444

	2011	2012	2013
Other Information
Did the organization engage in any significant activity not previously reported to the IRS?		No	No
Were any significant changes made to the organizing or governing documents?		No	No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activities	No	No	No
Has the organization filed a Form 990-T for the year?		No	No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?		No	No
Amount of political expenditures, direct or indirect		$0	$0
Did the organization file Form 1120-POL for this year?		No	No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?		No	No
Total amount involved		$0	$0
Initiation fees and capital contributions	$0	$0	$0
Gross receipts for public use of club facilities	$0	$0	$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?		No	No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?		No	No

Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:	Not provided
Number of organizations supported	0
Sum of amounts of support	$0

	2001	2003	2007
Revenue, Expenses, and Changes in Net Assets or Fund Balances
Total revenue	$106,611	$95,976	$146,021
Contributions, gifts, grants, and similar amounts received	$0	$0	$0
Contributions to donor advised funds			$0
Direct public support	$0	$0	$0
Indirect public support	$0	$0	$0
Government contributions (grants)	$0	$0	$0
Program service revenue including government fees and contracts	$0	$82,100	$97,576
Membership dues and assessments	$0	$0	$0
Interest on savings and temporary cash investments	$14,431	$13,876	$48,445
Dividends and interest from securities	$0	$0	$0
Net rental income or (loss)	$0	$0	$0
Gross rents	$0	$0	$0
Less: rental expenses	$0	$0	$0
Other investment income	$0	$0	$0
Gain or (loss) from sales of assets other than inventory	$0	$0	$0
Gross amount from sales of assets other than inventory	$0	$0	$0
Less: cost or other basis and sales expenses	$0	$0	$0
Net income or (loss) from special events and activities	$0	$0	$0
Gross revenue	$0	$0	$0
Less: direct expenses other than fundraising expenses	$0	$0	$0
Gross profit or (loss) from sales of inventory	$0	$0	$0
Gross sales of inventory, less returns and allowances	$0	$0	$0
Less: cost of goods sold	$0	$0	$0
Other revenue	$92,180	$0	$0
Total expenses	$93,943	$94,208	$95,426
Program services	$86,301	$82,433	$80,286
Management and general	$7,642	$11,775	$15,140
Fundraising	$0	$0	$0
Payments to affiliates	$0	$0	$0
Net assets or fund balances at end of year	$162,440	$168,067	$293,153
Excess or (deficit) for the year	$12,668	$1,768	$50,595
Net assets or fund balances at beginning of year	$149,772	$166,299	$242,558
Other changes in net assets or fund balances	$0	$0	$0

	Total	Program services	Management and general	Fundraising
Statement of Functional Expenses (for 2007)
Total functional expenses	$95,426	$80,286	$15,140	$0
Grants paid from donor advised funds		$0
Other grants and allocations		$0
Specific assistance to individuals		$0
Benefits paid to or for members		$0
Compensation of current officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation of former officers, directors, key employees, etc.	$0	$0	$0	$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)	$0	$0	$0	$0
Salaries and wages of employees not included above	$0	$0	$0	$0
Pension plan contributions not included above	$0	$0	$0	$0
Employee benefits not included above	$0	$0	$0	$0
Payroll taxes	$0	$0	$0	$0
Professional fundraising fees	$0	$0	$0	$0
Accounting fees	$15,000	$0	$15,000	$0
Legal fees	$0	$0	$0	$0
Supplies	$0	$0	$0	$0
Telephone	$0	$0	$0	$0
Postage and shipping	$0	$0	$0	$0
Occupancy	$0	$0	$0	$0
Equipment rental and maintenance	$0	$0	$0	$0
Printing and publications	$0	$0	$0	$0
Travel	$0	$0	$0	$0
Conferences, conventions, and meetings	$0	$0	$0	$0
Interest	$0	$0	$0	$0
Depreciation, depletion, etc.	$0	$0	$0	$0
Other expenses not covered above	$80,426	$80,286	$140	$0

	2001	2003	2007
Balance Sheets
Total assets	$12,565,790	$11,710,503	$10,652,060
Cash - non-interest-bearing	$8,637	$6,471	$32,441
Savings and temporary cash investments	$163,034	$178,404	$279,315
Accounts receivable less allowance for doubtful accounts	$0	$0	$0
Pledges receivable less allowance for doubtful accounts	$0	$0	$0
Grants receivable	$0	$0	$0
Receivables from current and former officers, directors, trustees, and key employees	$0	$0	$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)			$0
Other notes and loans receivable less allowance for doubtful accounts	$0	$0	$0
Inventories for sale or use	$0	$0	$0
Prepaid expenses and deferred charges	$0	$0	$0
Investments - publicly-traded securities			$10,340,304
Investments - other securities	$12,394,119	$11,525,628	$0
Investments - land, buildings, and equipment less accumulated depreciation	$0	$0	$0
Investments - other	$0	$0	$0
Land, buildings, and equipment less accumulated depreciation	$0	$0	$0
Other assets, including program-related investments	$0	$0	$0
Total liabilities	$12,403,350	$11,542,436	$10,358,907
Accounts payable and accrued expenses	$8,731	$8,308	$12,103
Grants payable	$0	$0	$0
Deferred revenue	$500	$8,500	$6,500
Loans from officers, directors, trustees, and key employees	$0	$0	$0
Tax-exempt bond liabilities	$0	$0	$0
Mortgages and other notes payable	$12,394,119	$11,525,628	$10,340,304
Other liabilities	$0	$0	$0
Total liabilities and net assets/fund balances	$12,565,790	$11,710,503	$10,652,060
Total net assets or fund balances	$162,440	$168,067	$293,153

	2001	2003	2007
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
Total revenue	$106,611	$95,976	$146,021
Total revenue, gains, and other support per audited financial statements	$106,611	$95,976	$146,021
Other expenses	$0	$0	$0
Net unrealized gains on investments	$0	$0	$0
Donated services and use of facilities	$0	$0	$0
Recoveries of prior year grants	$0	$0	$0
Other	$0	$0	$0
Other revenue	$0	$0	$0
Investment expenses	$0	$0	$0
Other	$0	$0	$0

	2001	2003	2007
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
Total expenses	$93,943	$94,208	$95,426
Total expenses and losses per audited financial statements	$93,943	$94,208	$95,426
Other revenue	$0	$0	$0
Donated services and use of facilities	$0	$0	$0
Prior year adjustments	$0	$0	$0
Losses	$0	$0	$0
Other	$0	$0	$0
Other expenses	$0	$0	$0
Investment expenses	$0	$0	$0
Other	$0	$0	$0

Current Officers, Directors, Trustees, and Key Employees

Total number of officers, directors, and trustees permitted to vote on organization business at board meetings	7
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?	No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?	No
Does the organization have a written conflict of interest policy?	Yes

Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?	No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?	No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?	No
Direct and indirect political expenditures	$0
Did the organization file Form 1120-POL for this year?	No
Were substantially all dues nondeductible by members?	No
Did the organization make only in-house lobbying expenditures of $2,000 or less?	No
Dues, assessments, and similar amounts from members	$0
Section 162(e) lobbying and political expenditures	$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices	$0
Taxable amount of lobbying and political expenditures	$0
Does the organization elect to pay the section 6033(e) tax on the amount above?	No
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?	No
Initiation fees and capital contributions	$0
Gross receipts for public use of club facilities	$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?	No
Amount of tax imposed on the organization during the year under: section 4911	$0
Amount of tax imposed on the organization during the year under: section 4912	$0
Amount of tax imposed on the organization during the year under: section 4955	$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?	No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958	$0
Amount of tax above, reimbursed by the organization	$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?	No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?	No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?	No
Number of employees employed in the pay period that includes March 12, 2006	0

	Unrelated business income		Excluded by section 512, 513, or 514		Related or exempt function income
Analysis of Income-Producing Activities (for 2007)
	Business code	Amount	Exclusion code	Amount	Related or exempt function income
Total		$0		$0	$146,021
Program service revenue
Program service revenue 1	000000	$0	00	$0	$51,706
Program service revenue 2	000000	$0	00	$0	$42,870
Program service revenue 3	000000	$0	00	$0	$3,000
Program service revenue 4	000000	$0	00	$0	$0
Program service revenue 5	000000	$0	00	$0	$0
Medicare/Medicaid payments	000000	$0	00	$0	$0
Fees and contracts from government agencies	000000	$0	00	$0	$0
Membership dues and assessments	000000	$0	00	$0	$0
Interest on savings and temporary cash investments	000000	$0	00	$0	$48,445
Dividends and interest from securities	000000	$0	00	$0	$0
Net rental income or (loss) from real estate
debt-financed property	000000	$0	00	$0	$0
not debt-financed property	000000	$0	00	$0	$0
Net rental income or (loss) from personal property	000000	$0	00	$0	$0
Other investment income	000000	$0	00	$0	$0
Gain or (loss) from sales of assets other than inventory	000000	$0	00	$0	$0
Net income or (loss) from special events	000000	$0	00	$0	$0
Gross profit or (loss) from sales of inventory	000000	$0	00	$0	$0
Other revenue	000000	$0	00	$0	$0

EIN of corporation, partnership, or disregarded entity	Percentage of ownership interest	Total income	End-of-year assets
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0
000000000	0%	$0	$0

Compensation	Contributions to employee benefit plans & deferred compensation	Expense account and other allowances
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0
$0	$0	$0

Total number of other employees paid over $50,000	0

Total number of other employees paid over $50,000

Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities	$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?
Did the organization maintain any donor advised funds?
Did the organization make any taxable distributions under section 4966?
Did the organization make a distribution to a donor, donor advisor, or related person?
The total number of donor advised funds owned at the end of the tax year	$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year	$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts	$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year	$0

Reason for Non-Private Foundation Status
The organization is not a private foundation because it is

	2000	2002	2006
Support Schedule
Total	$0	$0	$0
Gifts, grants, and contributions received	$0	$0	$0
Membership fees received	$0	$0	$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose	$0	$0	$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975	$0	$0	$0
Net income from unrelated business activities not included above	$0	$0	$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf	$0	$0	$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge	$0	$0	$0
Other income	$0	$0	$0

Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures	$0
Total lobbying expenditures	$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)	$0
Total lobbying expenditures to influence a legislative body (direct lobbying)	$0
Other exempt purpose expenditures	$0
Lobbying nontaxable amount	$0
Grassroots nontaxable amount	$0

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Cdc Small Business Finance Corp	2448 Historic Decatur Rd Ste 200, San Diego, CA 92106-6116	CA	1981-09	$20,045,184
2	Ben Franklin Technology Center Of Southeastern Pennsylvania	4800 S 13th St Ste 200, Philadelphia, PA 19112-1324	PA	1989-07	$12,561,855
3	Tulsa Economic Development Corporation	125 West Third St 2nd Floor, Tulsa, OK 74103-3427	OK	1981-04	$4,973,614
4	Worcester Business Development Corporation	89 Shrewsbury St Ste 300, Worcester, MA 01604-4655	MA	1966-09	$4,652,885
5	Florida First Capital Finance Corporation Inc	PO BOX 4166, Tallahassee, FL 32315-4166	FL	1985-10	$4,250,410
6	Houston Business Development Inc, Houston Small Business Development	5330 Griggs Rd, Houston, TX 77021-3700	TX	1993-07	$3,858,193
7	Renaissance Entrepreneurship Center	275 5th St, San Francisco, CA 94103-4117	CA	1982-05	$3,516,992
8	Trickle Up Program Inc	104 W 27th St, New York, NY 10001-6210	NY	1981-06	$3,430,569
9	South Eastern Economic Dev Corp	80 Dean St, Taunton, MA 02780-2713	MA	1983-04	$3,303,596
10	Regional Business Fund Inc	800 Wisconsin St Unit 9, Eau Claire, WI 54703-3521	WI	1995-11	$430,973
11	Society Of Marine Port Engineers New York Ny Inc	PO BOX 369, Eatontown, NJ 07724-0369	NJ	1948-05	$45,945
12	Corporation For Business Assistance In New Jersey	36 W State St, Trenton, NJ 08608-1213	NJ	1984-10	$144
13	Tacoma Empowerment Consortium, Tec	950 Pacific Ave Ste 300, Tacoma, WA 98402-4420	WA	1996-10	$341,537
14	Technology Innovation Center Inc	820 Davis St Ste 101, Evanston, IL 60201-4400	IL	1992-11	$167,411
15	Americas Economic Development Venture For Area Neighborhood Comm, Advance	12402 Philadelphia St, Whittier, CA 90601-3932	CA	1995-02	$0
16	Global Economic Outreach Inc	Po Box 12778, Wilmington, NC 28405	NC	2000-07	$0
17	Municipal Economic Development Agency	27 W Main St, New Britain, CT 06051-4207	CT	1981-09	$0
18	Technology Advocates Of San Antonio	7703 Floyd Curl Dr Msc 7823, San Antonio, TX 78229-3901	TX	1999-04	$0
19	Turtle Mountain Community Development Foundation Inc	PO BOX 1329, Belcourt, ND 58316-1329	ND	1992-03	$0
20	Womens Resource Center Inc, Womens Resource Center	3300 Canal St Ste 200, New Orleans, LA 70119-6277	LA	1999-06	$0

Number of organizations performing similar types of work

Alabama	1
Arizona	1
California	12
Colorado	1
Connecticut	1
Delaware	1
Florida	1
Illinois	1
Indiana	2
Louisiana	1
Massachusetts	4
Minnesota	2
Missouri	1
Mississippi	2
Montana	2
North Carolina	4

North Dakota	1
New Jersey	2
New York	3
Ohio	4
Oklahoma	1
Oregon	2
Pennsylvania	3
South Carolina	1
South Dakota	2
Texas	2
Utah	1
Virginia	1
Washington	2
Wisconsin	2
West Virginia	2

Total

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