Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in May 1996.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
92 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
19 people listed on the 990; $134K paid to officers and key staff (Part VII, Section A).
Jennifer Wehring’s $134K as Executive Di is at the 38th percentile of top reported officer pay among 2832 $1–10M community development 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 · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jennifer Wehring | $134,231 | $115,000 | $113,115 | $110,000 | $110,000 |
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 Morristown Partners INC executive salaries →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
Boosts local business and community by improving visibility, offering services, and preserving cultural heritage.
Questions for Morristown Partners INC
Your first name shows with your question. Morristown Partners INC answers here, for everyone.
Revitalization of morristown through local gift certificate program, support of local business community, streetscape design and lamp post maintenance, business recruitment and retention, marketing, promotions, events and capital improvement projects.
Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 22-3307187) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $13K | $480K |
| Land, buildings, equipmentLn 10c | $328K | $511K |
| Total assetsLn 16 | $534K | $1.2M |
| LiabilitiesLn 26 | $602K | $585K |
| Net assetsLn 32 | −$68K | $566K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of officers and key staff (Part IX, line 5)Ln 5 | $134K | $99K | $34K | $1K |
| Other salaries and wagesLn 7 | $186K | $177K | $7K | $2K |
| Other employee benefitsLn 9 | $55K | $47K | $7K | $518 |
| Payroll taxesLn 10 | $28K | $24K | $4K | $267 |
| Other fees for servicesLn 11g | $28K | $3K | $25K | |
| OccupancyLn 16 | $83K | $71K | $11K | $830 |
| InterestLn 20 | $7K | $6K | $910 | $70 |
| Depreciation, depletion and amortizationLn 22 | $66K | $59K | $7K | |
| InsuranceLn 23 | $46K | $39K | $6K | $459 |
| Other expenses (24a–d)Ln 24 | $678K | $678K | ||
| All other expensesLn 24e | $78K | $71K | $7K | $331 |
| Total functional expensesLn 25 | $1.4M | $1.3M | $108K | $6K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest ViewingFiled with the IRS Nov 17, 2025 | $2.0M | $1.4M | $634K | $566K | 990 PDF |
| FY2023Filed with the IRS Nov 14, 2024 | $1.3M | $1.2M | $87K | −$68K | 990 PDF |
| FY2022Filed with the IRS Nov 11, 2023 | $1.1M | $1.2M | −$16K | −$155K | 990 PDF |
| FY2021Filed with the IRS Nov 15, 2022 | $1.2M | $1.0M | $202K | −$139K | 990 PDF |
| FY2020Filed with the IRS Nov 11, 2021 | $1.5M | $1.5M | −$4K | −$340K | 990 PDF |
Schedules filed Part IV
See the full FY2024 990
Part I · Summary $2,023,052 revenue, 12 lines filed
Part VI · Governance 18 of 19 board members independent, no flags
Part VIII · Statement of revenue $2,023,052 across 4 lines filed
Part IX · Statement of functional expenses $1,388,707 across 11 lines filed
Part X · Balance sheet $1,150,839 assets, 13 lines filed
Part XI · Reconciliation of net assets $566,207 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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