2024-09-17T18:50:11-07:00 2023-12-31 201956232 Scott Halperin CPA 7050 W Palmetto Park Road Suite 15- Boca Raton FL 33433 990 2023-01-01 223269507 NEW JERSEY TECHNOLOGY COUNCIL INC NEWJ 7324565700 1078 Summit Ave 765 Jersey City NJ 07307 Aaron Price President 2022367070 2024-09-17 true true Scott Halperin CPA P01032556 5613953930 2023 2024-08-08 14:25:15Z Aaron Price 1078 Summit Ave 765 Jersey City NJ 07307 3106556 false X https://techunited.co/ X 1993 NJ To empower those who invent the future 3 3 10 0 377500 2516695 2528715 24764 200341 0 2541459 3106556 0 0 952808 1127067 0 0 1328399 1093857 2281207 2220924 260252 885632 4198636 4786183 660653 549574 3537983 4236609 To empower those who invent the future false false 2220924 250000 2528715 TechUnited NJ provides networking, education, business development, funding opportunities, recognition, and advocacy for technology and life science companies and their leaders. Founded in 1966, TechUnited NJ's more than 1,000 member companies work together to support their own enterprises while advancing New Jersey's status as a leading technology hub in the nation. 2220924 false true false false false false false false false true true false false true true false false false false false false false false false false false false false true false false false false false false true false false false false true false false true 0 0 false 10 true false false false false false false false false X 3 3 false false false false false false false false false false false false false false false true false false X Aaron Price 2022367070 1078 Summit Ave 765 Jersey City NJ 07307 Aaron Price President 40.00 0.00 X X 423663 0 0 Jasmine Hoffman Head of Experience 40.00 0.00 183051 0 0 Jason Glickman Managing Director 40.00 0.00 125072 0 0 Justin Murray Director of PShips 40.00 0.00 109654 0 0 Andrew Gilbert Secretary 1.00 0.00 X 0 0 0 Virginia Alling Chairman 1.00 0.00 X 0 0 0 841440 4 false true false 0 250000 127500 127500 377500 Event & Sponsorship Sales 1911045 1911045 Management Fee 561000 75000 75000 Membership Dues & Assessments 541900 542670 542670 2528715 200341 200341 0 0 0 0 0 0 0 0 3106556 2729056 X 0 0 0 0 423663 275381 148282 0 523485 523485 44755 36966 7789 75100 75100 60064 51342 8722 0 139 139 15969 500 15469 0 0 0 320209 95683 224526 87850 13944 73906 35390 8176 27214 54961 3873 51088 0 7393 7393 25120 425 24695 0 481090 481090 0 0 43336 43336 16650 16650 Bad Debts Exp 5750 5750 0 2220924 1565965 654959 0 1290134 816272 1820871 2062930 250000 41500 51000 0 0 823756 0 6468 8888 27692 24055 4113 3637 0 1035550 658998 0 110702 0 4198636 4786183 436307 53513 224346 181061 315000 660653 549574 X 3537983 4166609 70000 3537983 4236609 4198636 4786183 885632 -187006 X true X false false false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 27692 24055 3637 3637 658998 Due to Officer 315000 315000 X Part X : FIN48 Footnote The Organization is exempt from federal income tax under provisions of Section 501(c)(6) of the Internal Revenue Code. The Organization accounts for uncertain tax positions as required by the guidance in ASC 740, Income Taxes. The Organization recognizes the financial statement benefit of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more-likely-than-not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than fifty percent likelihood of being realized upon ultimate settlement with the relevant tax authority. When required, the Organization recognizes interest and penalties related to uncertain tax position in expenses in the Organizations consolidated statement of activities. As of December 31, 2023 and 2022, the Organization has determined that there are no uncertain tax positions, which include their tax status. The federal tax returns for the tax years ending 2020 2022 remain open to examination by the Internal Revenue Service. BFL is organized as a partnership for federal income tax purposes, whereby the ordinary income or loss of the partnership, less certain deductions, are passed through and reported on the individual partners tax returns. Therefore, no provision for federal income taxes have been provided for in the consolidated financial statements X false false false Aaron Price President 423663 423663 Jasmine Hoffman Head of Experience 183051 183051 X 1 127500 FMV false false false Form 990, Part VI, Section B, Line 11b The Controller reviews the Form 990 with the Organization's external accounting firm and CPA. Once satisfied, she provides the Form 990 to the CEO for final review and approval after her review is complete. Form 990, Part VI, Section B, Line 15a The Board of Directors reviews the compensation of the CEO / Executive Director and approves the compensation and bonuses on an annual basis. Form 990, Part VI, Section C, Line 19 No documents available to the public. BFL Holdings LLC 1078 Summit Ave 765 Jersey City NJ 07307 934563210 Consulting NJ N/A 100 100 false false BFL Holdings 2 LLC 1078 Summit Ave 765 Jersey City NJ 07307 934592665 Consulting NJ N/A false false Better Future Labs LLC 1078 Summit Ave 765 Jersey City NJ 07307 934507153 Consulting NJ N/A false false BFL ServiceCo LLC 1078 Summit Ave 765 Jersey City NJ 07307 934496478 Consulting NJ N/A false false false false false false true false false false false false false false false false false false false false false Better Future Labs LLC e 823756 FMV