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Filing year 2024

MORRISTOWN PARTNERS INC T/A MORRISTOWN PARTNERSHIP

Morristown, New Jersey·EIN 22-3307187·NTEE S41 · Community Improvement & Capacity Building·3
Total revenue
$2M
Total assets
$1.2M
Total expenses
$1.4M
Reported officers
19
Mission

FOSTER AND ENCOURAGE SELF-HELP PROGRAMS TO ENHANCE THE LOCAL BUSINESS CLIMATE, PROVIDE ADMINISTRATIVE AND OTHER SERVICES TO BENEFIT BUSINESS, EMPLOYEES, RESIDENTS AND CONSUMERS AND PROMOTE AND PRESERVE THE CULTURAL, HISTORIC, TOURISTIC AND CIVIC INTERESTS OF THE TOWN OF MORRISTOWN AND ITS SPECIAL IMPROVEMENT DISTRICT.

Executive compensation, broken down

Form 990 · Schedule J · 1 reported individual · Filing year 2024

$152k
$164k
Base
$134k
Bonus
Other
Benefits
$12k

Teal figures restate each filed amount in 2026 dollars.

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 18 unpaid individuals.

Browse compensation in Community Improvement & Capacity Building

Up 20%
from 2023

From $126k in 2023 to $152k in 2024.

$126k
2023
$152k
2024
In today's dollarsEst.
Up 16% in real terms$142k to $164k

Estimated with New York-Newark-Jersey City, NY-NJ-PA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

MORRISTOWN PARTNERS INC T/A MORRISTOWN PARTNERSHIP reported revenue and expenses across 2 filing years.

RevenueExpenses
$1.3M
$1.2M
2023
$2M
$1.4M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in New Jersey

Comparable community improvement & capacity building organizations in New Jersey pay their highest-earning executive a median of $72,716.

25th percentile
$34k
Median
$72,716
75th percentile
$165k
90th percentile
$311k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 58 organizations across 58 filings (2021 – 2023).

See full Community Improvement & Capacity Building pay data for New Jersey
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