2024-11-14T15:36:52-05:00 2023-12-31 814693463 HAMILTON MERCER ADVISORS 1540 KUSER ROAD SUITE A4 MERCERVILLE NJ 086193828 990 2023-01-01 200511132 LAWRENCE HOPEWELL TRAIL CORPORATION LAWR 6098950813 197 BLACKWELL ROAD PENNINGTON NJ 08534 ALAN M HERSHEY TREASURER 6097345254 2024-10-25 true true JAMES S ALFIERI P00365757 6095810300 2024-11-12 2023 2024-10-15 13:58:12Z DAVID SANDAHL 197 BLACKWELL ROAD PENNINGTON NJ 08534 225689 false X WWW.LHTRAIL.ORG X 2001 NJ THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES. 15 15 2 40 0 323674 159788 0 652 8403 48397 324326 216588 0 0 41572 120013 0 7784 71711 55927 113283 175940 211043 40648 510480 548182 15011 12065 495469 536117 X THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES. false false 114819 THE AWARD-WINNING LAWRENCE HOPEWELL TRAIL (LHT) IS A 22-MILE, MULTIPURPOSE, MOSTLY OFF-ROAD, ENVIRONMENTALLY SENSITIVE TRAIL DEVELOPED BY A CITIZEN-LED VOLUNTEER BOARD OF TRUSTEES. IT IS DESIGNED TO ENCOURAGE HEALTH AND FITNESS,ENJOYMENT OF THE OUTDOORS, AND ACCESS TO PRESERVED OPEN SPACE WHILE LINKING COMMUNITIES AND NEIGHBORHOODS AND PROVIDING AN ALTERNATIVE TO AUTOMOBILE TRANSPORTATION, THEREBY CONTRIBUTING TO A MORE SUSTAINABLE COMMUNITY. THE LHT'S PRIMARY PROGRAMMATIC ACCOMPLISHMENTS ARE: (1) MANAGING THE DEVELOPMENT OF THE TRAIL THAT TRAVERSES CORPORATE CAMPUSES, A PRIVATE SCHOOL, PRESERVED OPEN SPACE, PARKS, NEIGHBORHOODS, AND A MAIN STREET. THIS REQUIRES ESTABLISHING AND MAINTAINING RELATIONSHIPS WITH MULTIPLE LANDOWNERS; DESIGNING SEGMENTS THAT MEET ENVIRONMENTAL, SAFETY, AND CONSTRUCTION STANDARDS; RAISING FUNDS FOR TRAIL CONSTRUCTION AND SUPPORT OF THE NONPROFIT CORPORATION; AND COORDINATING EFFORTS WITH LOCAL AND COUNTY GOVERNMENTS. AS OF 2022, 95% OF THE TRAIL HAS BEEN COMPLETED. PLANS ARE UNDERWAY FOR THE FUNDING, DESIGN, AND CONSTRUCTION OF THE REMAINDER. WHAT IS NOT REFLECTED IN THE FINANCIAL STATEMENTS IS THE FACT THAT IN COLLABORATION WITH COUNTY AND TOWNSHIP OFFICIALS, OVER 17 MILLION HAS BEEN RAISED FOR TRAIL CONSTRUCTION OVER THE YEARS. IN THE SECOND CATEGORY OF ACCOMPLISHMENTS ARE ACTIVITIES TO ENCOURAGE AND PROMOTE THE USE OF THE TRAIL THROUGH PUBLICITY, PUBLIC EDUCATION, AND THE SPONSORSHIP OF COMMUNITY-BUILDING ACTIVITIES. IN ADDITION TO CREATING THE MONTHLY SATURDAY MORNING WALKING CLUB, THE LHT HOLDS TWO ANNUAL SIGNATURE EVENTS. THE FIRST IS THE LHT FULL MOON BIKE RIDE JOINTLY SPONSORED BY THE MERCER COUNTY PARK COMMISSION. THE SECOND EVENT, TRAIL AND TREAT, A FUN AFTERNOON FOR CHILDREN AND THEIRIR FAMILIES. IN 2019 THE LHT ARTWALK WAS INTRODUCED. THIS PROGRAM COUPLES TRAIL FANS WITH A PROFESSIONAL ARTIST WHO TEACHES TECHNIQUES FOR CAPTURING NATURE ON PAPER, CANVAS OR FILM. AS A RESULT OF THE LHT'S EFFORTS AND EXTENSIVE WORD-OF-MOUTH, THE TRAIL IS ENJOYED BY MORE THAN 400,000 WALKERS, JOGGERS, BIKERS, SNOWSHOERS AND CROSS-COUNTRY SKIERS EACH YEAR AND THE NUMBER IS GROWING. THE THIRD CATEGORY OF ACCOMPLISHMENT INCLUDES TRAIL MAINTENANCE AND ENHANCEMENT THROUGH THE ADDITION OF ADDITIONAL DIRECTIONAL SIGNAGE AND AMENITIES SUCH AS BENCHES AND KIOSKS. THE LHT SERVES AS A MODEL FOR PUBLIC-PRIVATE PARTNERSHIPS AND A RESOURCE FOR OTHER COMMUNITIES THAT WANT TO EMULATE THE UNIQUE SUCCESS OF THE LAWRENCE HOPEWELL TRAIL. 114819 true true false false false false false false false false true false false false false true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 2 true false false false false false false false false false false false false false false X 15 15 false false false false false false false true true false false true true true true true true false false false NJ X ALAN HERSHEY 6098950813 143 E DELAWARE AVE PENNINGTON NJ 08534 X JORDAN ANTEBI TRUSTEE 5.00 X 0 0 0 SILVIA ASCARELLI TRUSTEE 5.00 X 0 0 0 MARIA CONNOLLY TRUSTEE 5.00 X 0 0 0 DR JILL F YOUNG DO TRUSTEE 5.00 X 0 0 0 MIKE GRAY TRUSTEE 5.00 X 0 0 0 ALAN M HERSHEY TREASURER 5.00 X X 0 0 0 WILLS KINSLEY TRUSTEE 5.00 X 0 0 0 RUTH MARKOE TRUSTEE 5.00 X 0 0 0 JOHN R MURRAY VICE-CHAIR 20.00 X X 0 0 0 JENNIFER PECK NOLTE TRUSTEE 5.00 X 0 0 0 JIM PARVESSE TRUSTEE 5.00 X 0 0 0 UMA PURANDARE TRUSTEE 5.00 X 0 0 0 DAVID SANDAHL VICE-CHAIR 20.00 X X 0 0 0 NADINE STERN TRUSTEE 5.00 X 0 0 0 CHRIS TARR TRUSTEE 5.00 X 0 0 0 false false false 159788 159788 8403 8403 57498 9101 48397 216588 8403 110407 88326 22081 9606 7685 1921 7439 7439 2926 1902 439 585 4649 3637 1012 11517 2303 9214 CONTRACT SERVICES 14500 8700 4350 1450 WEBSITE 8369 5858 1674 837 EVENT COSTS 3900 3900 MEMBERSHIPS SUBSCRIPTIONS 2537 2537 90 45 45 175940 114819 53337 7784 363562 362332 6839 44975 81105 71772 58974 69103 8846 8846 510480 548182 15011 12065 15011 12065 X 329662 335177 165807 200940 495469 536117 510480 548182 40648 X false true X true false X 242286 134657 84383 323674 159788 944788 242286 134657 84383 323674 159788 944788 944788 152 148 92 652 8403 9447 954235 68241 0.99010 0.99870 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8846 8846 X 216588 216588 216588 175940 175940 175940 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR FEDERAL OR STATE INCOME TAXES HAS BEEN RECORDED IN THE FINANCIAL STATEMENTS. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES 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. IT REQUIRES THAT COMPUTATIONS OF CURRENT AND DEFERRED INCOME TAXES ONLY CONSIDER TAX POSITIONS THAT ARE MORE LIKELY THAN NOT TO BE SUSTAINED IF THE TAX AUTHORITIES EXAMINE A POSITION. THE ORGANIZATION EVALUATES STATUTES OF LIMITATIONS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS AND ACCRUES FOR LIABILITIES IF APPLICABLE. THE ORGANIZATION'S ANALYSIS FOUND NO UNCERTAIN TAX POSITIONS. FEDERAL AND STATE TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE TAXING AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY ARE FILED. ANY PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES ARE INCLUDED IN OPERATING EXPENSES. NO INTEREST AND PENALTIES HAVE BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2023. FULL MOON RIDE 57498 57498 9101 57498 57498 9101 9101 48397 FORM 990 - ORGANIZATION'S MISSION THE LAWRENCE HOPEWELL TRAIL CORPORATION, THROUGH COLLABORATION WITH COMMUNITY, GOVERNMENT, CORPORATE AND NONPROFIT PARTNERS, PROMOTES AND GUIDES THE CONSTRUCTION, MAINTENANCE, USE, AND ENJOYMENT OF A 22-MILE PEDESTRIAN/BICYCLE TRAIL LOOP CONNECTING LAWRENCE AND HOPEWELL TOWNSHIPS IN MERCER COUNTY, NEW JERSEY, AND ACTIVELY ENCOURAGES CONNECTIONS TO ADJACENT AREAS AND REGIONAL TRAIL NETWORKS TO ENSURE AN ENDURING AMENITY SUPPORTED BY THE PEOPLE IT SERVES. FORM 990, PAGE 1, PART I, LINE 6 VOLUNTEERS SERVE ON THE BOARD AND SUPPORT THE SPECIAL EVENTS SPONSORED BY THE LHT. IN ADDITION TO THE 18 BOARD MEMBERS, ALL OF WHOM ARE VOLUNTEERS, WE HAVE 51 VOLUNTEERS WHO TAKE ON VARIOUS TASKS. FORM 990, PAGE 2, PART III, LINE 4A THE AWARD-WINNING LAWRENCE HOPEWELL TRAIL (LHT) IS A 22-MILE, MULTIPURPOSE, MOSTLY OFF-ROAD, ENVIRONMENTALLY SENSITIVE TRAIL DEVELOPED BY A CITIZEN-LED VOLUNTEER BOARD OF TRUSTEES. IT IS DESIGNED TO ENCOURAGE HEALTH AND FITNESS,ENJOYMENT OF THE OUTDOORS, AND ACCESS TO PRESERVED OPEN SPACE WHILE LINKING COMMUNITIES AND NEIGHBORHOODS AND PROVIDING AN ALTERNATIVE TO AUTOMOBILE TRANSPORTATION, THEREBY CONTRIBUTING TO A MORE SUSTAINABLE COMMUNITY. THE LHT'S PRIMARY PROGRAMMATIC ACCOMPLISHMENTS ARE: (1) MANAGING THE DEVELOPMENT OF THE TRAIL THAT TRAVERSES CORPORATE CAMPUSES, A PRIVATE SCHOOL, PRESERVED OPEN SPACE, PARKS, NEIGHBORHOODS, AND A MAIN STREET. THIS REQUIRES ESTABLISHING AND MAINTAINING RELATIONSHIPS WITH MULTIPLE LANDOWNERS; DESIGNING SEGMENTS THAT MEET ENVIRONMENTAL, SAFETY, AND CONSTRUCTION STANDARDS; RAISING FUNDS FOR TRAIL CONSTRUCTION AND SUPPORT OF THE NONPROFIT CORPORATION; AND COORDINATING EFFORTS WITH LOCAL AND COUNTY GOVERNMENTS. AS OF 2022, 95% OF THE TRAIL HAS BEEN COMPLETED. PLANS ARE UNDERWAY FOR THE FUNDING, DESIGN, AND CONSTRUCTION OF THE REMAINDER. WHAT IS NOT REFLECTED IN THE FINANCIAL STATEMENTS IS THE FACT THAT IN COLLABORATION WITH COUNTY AND TOWNSHIP OFFICIALS, OVER 17 MILLION HAS BEEN RAISED FOR TRAIL CONSTRUCTION OVER THE YEARS. IN THE SECOND CATEGORY OF ACCOMPLISHMENTS ARE ACTIVITIES TO ENCOURAGE AND PROMOTE THE USE OF THE TRAIL THROUGH PUBLICITY, PUBLIC EDUCATION, AND THE SPONSORSHIP OF COMMUNITY-BUILDING ACTIVITIES. IN ADDITION TO CREATING THE MONTHLY SATURDAY MORNING WALKING CLUB, THE LHT HOLDS TWO ANNUAL SIGNATURE EVENTS. THE FIRST IS THE LHT FULL MOON BIKE RIDE JOINTLY SPONSORED BY THE MERCER COUNTY PARK COMMISSION. THE SECOND EVENT, TRAIL AND TREAT, A FUN AFTERNOON FOR CHILDREN AND THEIRIR FAMILIES. IN 2019 THE LHT ARTWALK WAS INTRODUCED. THIS PROGRAM COUPLES TRAIL FANS WITH A PROFESSIONAL ARTIST WHO TEACHES TECHNIQUES FOR CAPTURING NATURE ON PAPER, CANVAS OR FILM. AS A RESULT OF THE LHT'S EFFORTS AND EXTENSIVE WORD-OF-MOUTH, THE TRAIL IS ENJOYED BY MORE THAN 400,000 WALKERS, JOGGERS, BIKERS, SNOWSHOERS AND CROSS-COUNTRY SKIERS EACH YEAR AND THE NUMBER IS GROWING. THE THIRD CATEGORY OF ACCOMPLISHMENT INCLUDES TRAIL MAINTENANCE AND ENHANCEMENT THROUGH THE ADDITION OF ADDITIONAL DIRECTIONAL SIGNAGE AND AMENITIES SUCH AS BENCHES AND KIOSKS. THE LHT SERVES AS A MODEL FOR PUBLIC-PRIVATE PARTNERSHIPS AND A RESOURCE FOR OTHER COMMUNITIES THAT WANT TO EMULATE THE UNIQUE SUCCESS OF THE LAWRENCE HOPEWELL TRAIL. FORM 990, PAGE 6, PART VI, LINE 11B THE ORGANIZATION'S 990 IS PREPARED BY AN INDEPENDENT CPA FIRM. A DRAFT OF THE RETURN IS PROVIDED TO THE TREASURER, WHO REVIEWS IT AND THEN DISTRIBUTES IT TO ALL BOARD MEMBERS FOR THEIR REVIEW AND APPROVAL. BOARD MEMBERS REPORT BACK TO THE TREASURER WITH ANY COMMENTS OR QUESTIONS. ONCE THE BOARD HAS COMPLETED ITS REVIEW, IT VOTES TO AUTHORIZE THE FILING OF FORM 990. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY REQUIRING ANNUAL SIGNED STATEMENTS FROM EACH TRUSTEE AND STRESSING THE IMPORTANCE OF AVOIDING CONFLICTS OR THE APPEARANCE OF CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 19 IT IS THE POLICY OF THE LHT BOARD OF TRUSTEES TO MAKE FINANCIAL INFORMATION AVAILABLE TO ANY DONOR, FUNDER, OR MEMBER OF THE PUBLIC UPON WRITTEN REQUEST. SIMILARLY, BYLAWS AND ALL BOARD POLICIES ARE AVAILABLE TO ANYONE ON WRITTEN REQUEST. REQUESTED DOCUMENTS ARE PROVIDED PROMPTLY.