Isles INC FY2021 filing

Tax-deductible

Trenton, NJ501(c)(3)Since 1981HousingEIN 22-2350832Revenue $9.9M in FY2021

On file with the IRSisles.org10 Wood Street, 08618-3921 · Trenton, NJTax-exempt since Apr 1984Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To offer services in low-income communities (in the trenton and the surrounding area) to address critical urban needs in the areas of community revitalization, urban agriculture, green job training, youth education, violence prevention, climate impact, lead remediation, energy and weatherization services, financial and housing counseling and education and research and policy implementation.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$468K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $204K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$468K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.6 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $16K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.2M
24% of total assets
Looks good: liabilities are 24% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 12 voting members
Looks good: 10 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.9M
+61% vs prior year
Spent
$7.4M
To programs
80%
Net assets
$19.3M
By yearFY2020–FY2024
Revenue
$9.9M
FY2021▲ +61%
Revenue by fiscal year
FY2020$6.1M
FY2021$9.9M
FY2022$9.6M
FY2023$11.0M
FY2024$12.9M
Expenses
$7.4M
FY2021▲ +22%
Expenses by fiscal year
FY2020$6.1M
FY2021$7.4M
FY2022$10.2M
FY2023$11.8M
FY2024$15.1M
Net assets
$19.3M
FY2021▲ +15%
Net assets by fiscal year
FY2020$16.7M
FY2021$19.3M
FY2022$18.4M
FY2023$17.8M
FY2024$15.8M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 1984.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $6.0M Management & general 14% · $1.0M Fundraising 6% · $454K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

16 people listed on the 990; $468K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Operating Officer
$116,414Pt VII · Sec A
Chief Executive Officer
$115,518Pt VII · Sec A
Managing Director
$83,184Pt VII · Sec A
Managing Director
$80,636Pt VII · Sec A
Ex-Officio
$72,297Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Sean Jackson’s $135K as Chief Executive Officer/Ex is at the 14th percentile of top reported officer pay among 676 $10–100M housing nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sean Jackson$135,000$135,016$134,135$115,518$28,125
John Hart$35,704$119,843$111,753$116,414$116,996
Peter Rose$102,108$89,683$84,359$80,636$75,222
Laura Fenster Rothschild$101,880————
Michael Nordquist$44,505$91,225$85,570$83,184$84,828
Martin Johnson$53,673$59,779$57,619$72,297$65,362
Jason Allen$41,309————
Chris Benson$31,036————

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Isles INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Fosters self-reliant families and healthy, sustainable communities in the Trenton area through urban agriculture, green job training, affordable housing, and community revitalization services.

Provided by the organization

Know this organization? Claim it to add your story

3 programs · $5.0M · in their own filed words · FY2021
01

Isles real estate services work in conjunctionwith the community planning and development services to carry out strategic redevelopment projects, including community facilties, homes, and commercial spaces. This also includes long-term management of all isles purchased properties and isles office facilities.

$2.3Mprogram expense
02

Isles' Center for Energy and Environmental Training (ceet)

Ceet is a green collar job training facility, targeting careers in energy efficiency and environmental health. This year, ceet:-trained 157 individuals in environmental health and energy efficiency (both virtually and in-person)-provided healthy homes for community health workers courses (virtually) to 40+ participants, lead safety and…

$2.1Mprogram expense
03

Community Planning and Development (cp&d)

Isles collaborates with residents and stakeholders to identify community concerns and priorities; create community-led neighborhood plans; and secure resources to sustain neighborhood revitalization efforts over the long term.

$585Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$16K
See all 3 funders →
Grants paid · 37 grants · $1.0M · 2020–2023
120 East State StFY2023$170,000
A Better WayFY2023$75,000
Shares Nation INCNJ · FY2022$89,000
Trenton Health Team INCNJ · FY2022$31,322
Larry's New and Used TiresFY2022$12,300
Razor Sharp Barber and Beauty ShopFY2022$8,500
City Deli LLCFY2022$6,400
Individual RecipientFY2022$5,000
Trenton Health Team INCNJ · FY2021$30,613
Smith Family FoundationFY2021$18,000
Shares Nation INCNJ · FY2020$178,000
219 East Hanover Street LLCFY2020$116,546
I Am Trenton Community FoundationFY2020$37,500
Mercer Street Friends Food BankFY2020$20,000
Individual RecipientFY2020$17,000
Inspired-Threads INCNJ · FY2020$10,000
See all 37 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$9.9M
Ln 12
Gifts and grantsLn 1h$7.6M
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$435K
Money outPt IX
$7.4M
Ln 25
Programscol B$6.0M
Managementcol C$1.0M
Fundraisingcol D$454K
Owns and owesPt X
$19.3M
net assets · Ln 32
Cash and savingsLn 1–2$974K
Total assetsLn 16$25.5M
LiabilitiesLn 26$6.2M
PeoplePt VI, VII
16
listed · VII A
PaidVII A5
Voting boardVI 1a12
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$7.6M
Government grantsLn 1e$4.8M
Fundraising eventsLn 1c$34K
Fees for servicesLn 2g$1.6M
Investment incomeLn 3$435K
Other incomeLn 4–11$230K
Gains on assetsLn 7−$569
Total revenueLn 12$9.9M
Assets in detailPt X, end of year
CashLn 1$936K
SavingsLn 2$38K
Cash and savings togetherLn 1–2$974K
InvestmentsLn 11–13$1.9M
Land, buildings, equipmentLn 10c$4.3M
Other assetsLn 15$7.1M
Total assetsLn 16$25.5M
LiabilitiesLn 26$6.2M
Net assetsLn 32$19.3M
OperationsPt I, VI
EmployeesI 593
VolunteersI 6210
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$349K$974K
InvestmentsLn 11–13$1.6M$1.9M
Land, buildings, equipmentLn 10c$14.6M$4.3M
Total assetsLn 16$25.8M$25.5M
LiabilitiesLn 26$9.1M$6.2M
Net assetsLn 32$16.7M$19.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$49K$49K
Pay of current officers, directors and key staffLn 5$537K$435K$78K$24K
Other salaries and wagesLn 7$2.7M$2.2M$408K$120K
Pension plan contributionsLn 8$84K$75K$5K$4K
Other employee benefitsLn 9$281K$250K$18K$13K
Payroll taxesLn 10$307K$274K$19K$15K
Management feesLn 11a$32K$27K$4K$1K
Legal feesLn 11b$6K$5K$711$199
Accounting feesLn 11c$62K$53K$7K$2K
Other fees for servicesLn 11g$1.6M$1.4M$183K$51K
Advertising and promotionLn 12$5K$4K$296$146
Office expensesLn 13$62K$12K$22K$28K
Information technologyLn 14$129K$110K$15K$4K
OccupancyLn 16$259K$228K$29K$2K
TravelLn 17$24K$17K$3K$3K
InterestLn 20$351K$349K$2K
Depreciation, depletion and amortizationLn 22$261K$259K$2K
InsuranceLn 23$132K$84K$49K
Other expenses (24a–d)Ln 24$504K$159K$162K$184K
All other expensesLn 24e$43K$25K$14K$4K
Total functional expensesLn 25$7.4M$6.0M$1.0M$454K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $12.9M$15.1M−$2.1M$15.8M 990 PDF
FY2023 $11.0M$11.8M−$799K$17.8M 990 PDF
FY2022 $9.6M$10.2M−$571K$18.4M 990 PDF
FY2021 Viewing $9.9M$7.4M$2.4M$19.3M 990 PDF
FY2020 $6.1M$6.1M$43K$16.7M 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $9,864,108 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,098,599$7,608,293
I-9 Program service revenuePrior year $79,610$1,591,251
I-10 Investment incomePrior year $411,953$434,654
I-11 Other revenuePrior year $533,098$229,910
I-12 Total revenuePrior year $6,123,260$9,864,108
I-13 Grants and similar amounts paidPrior year $543,007$48,613
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,641,283$3,906,043
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,895,807$3,474,558
I-18 Total expensesPrior year $6,080,097$7,429,214
I-19 Revenue less expensesPrior year $43,163$2,434,894
Part VI · Governance 10 of 12 board members independent, no flags
VI-1a Voting members of the governing body12
VI-1b Independent voting members10
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,864,108 across 11 lines filed
VIII-1c Fundraising events$33,554
VIII-1e Government grants$4,821,977
VIII-1f All other contributions, gifts and grants$2,752,762
VIII-1h Total contributions, gifts and grants$7,608,293
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,591,251$1,591,251
VIII-3 Investment incomeExcluded from tax $435,223$435,223
VIII-6 Net rental income or lossRelated to mission $112,156$112,156
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$569−$569
VIII-8 Net income from fundraising eventsExcluded from tax −$1,623−$1,623
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $119,377$119,377
VIII-12 Total revenueRelated to mission $1,703,407 · Unrelated business $0 · Excluded from tax $552,408$9,864,108
Part IX · Statement of functional expenses $7,429,214 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $48,613$48,613
IX-5 Pay of current officers, directors and key staffPrograms $434,932 · Management $78,273 · Fundraising $23,924$537,129
IX-7 Other salaries and wagesPrograms $2,168,728 · Management $407,935 · Fundraising $119,589$2,696,252
IX-8 Pension plan contributionsPrograms $74,622 · Management $5,252 · Fundraising $3,965$83,839
IX-9 Other employee benefitsPrograms $250,475 · Management $17,628 · Fundraising $13,309$281,412
IX-10 Payroll taxesPrograms $273,615 · Management $19,257 · Fundraising $14,539$307,411
IX-11a Management feesPrograms $27,380 · Management $3,659 · Fundraising $1,025$32,064
IX-11b Legal feesPrograms $5,318 · Management $711 · Fundraising $199$6,228
IX-11c Accounting feesPrograms $52,517 · Management $7,017 · Fundraising $1,966$61,500
IX-11g Other fees for servicesPrograms $1,370,223 · Management $183,094 · Fundraising $51,308$1,604,625
IX-12 Advertising and promotionPrograms $4,174 · Management $296 · Fundraising $146$4,616
IX-13 Office expensesPrograms $11,843 · Management $22,351 · Fundraising $27,700$61,894
IX-14 Information technologyPrograms $110,404 · Management $14,753 · Fundraising $4,134$129,291
IX-16 OccupancyPrograms $228,214 · Management $29,084 · Fundraising $2,099$259,397
IX-17 TravelPrograms $17,246 · Management $3,421 · Fundraising $3,044$23,711
IX-20 InterestPrograms $348,732 · Management $2,406$351,138
IX-22 Depreciation, depletion and amortizationPrograms $259,495 · Management $1,683$261,178
IX-23 InsurancePrograms $83,857 · Management $48,574$132,431
IX-24 Other expenses (24a–d)Programs $158,733 · Management $161,595 · Fundraising $183,647$503,975
IX-24e All other expensesPrograms $24,584 · Management $14,057 · Fundraising $3,869$42,510
IX-25 Total functional expensesPrograms $5,953,705 · Management $1,021,046 · Fundraising $454,463$7,429,214
Part X · Balance sheet $25,476,363 assets, 19 lines filed
Asset lines not itemized here account for $7,992,541; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $338,280$935,822
X-2 Savings and temporary cash investmentsStart of year $10,648$37,729
X-3 Pledges and grants receivableStart of year $628,645$956,337
X-4 Accounts receivableStart of year $2,473,458$2,147,954
X-9 Prepaid expenses and deferred charges$3,129
X-10c Land, buildings and equipment, netStart of year $14,643,957$4,336,121
X-11 Publicly traded securitiesStart of year $1,628,349$1,916,301
X-12 Other securitiesStart of year $14,300$14,300
X-15 Other assetsStart of year $335,926$7,136,129
X-16 Total assetsStart of year $25,840,563$25,476,363
X-17 Accounts payable and accrued expensesStart of year $3,472,040$502,688
X-19 Deferred revenueStart of year $294,798$430,127
X-24 Unsecured notes and loans payableStart of year $137,986$92,140
X-25 Other liabilitiesStart of year $20,289$5,923
X-26 Total liabilitiesStart of year $9,119,874$6,192,005
X-27 Net assets without donor restrictionsStart of year $12,961,567$15,344,586
X-28 Net assets with donor restrictionsStart of year $3,759,122$3,939,772
X-32 Total net assets or fund balancesStart of year $16,720,689$19,284,358
X-33 Total liabilities and net assetsStart of year $25,840,563$25,476,363
Part XI · Reconciliation of net assets $19,284,358 net assets at year end
XI-1 Total revenue$9,864,108
XI-2 Total expenses$7,429,214
XI-3 Revenue less expenses$2,434,894
XI-4 Net assets at start of year$16,720,689
XI-5 Net unrealized gains (losses) on investments$165,085
XI-9 Other changes in net assets−$36,310
XI-10 Net assets at end of year$19,284,358

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.