2025-09-18T09:25:10-07:00 2024-12-31 842022071 Wielkotz & Company LLC 401 Wanaque Ave Pompton Lakes NJ 07442 990 2024-01-01 223116666 VINELAND DOWNTOWN IMPROVEMENT DISTRICT MANAGEMENT CORPORATION VINE 8567948653 603 EAST LANDIS AVENUE VINELAND NJ 08360 RUSSELL SWANSON EXECUTIVE DIRECTOR 8567948653 2025-09-18 true true ROBERT MCNINCH P00830813 9738357900 2025-09-18 2024 2025-03-06 01:10:19Z RUSSELL SWANSON 603 EAST LANDIS AVENUE VINELAND NJ 08360 411178 false X N/A X 2009 NJ THE ORGANIZATION ASSISTS THE CITY OF VINELAND, NJ IN PROMOTING, ENHANCING AND REVITALIZING THE ECONOMIC GROWTH OF THE DOWNTOWN DISTRICT AS A THRIVING COMMERCIAL DISTRICT AND COMMUNITY GATHERING PLACE FOR SHOPPERS, RESIDENTS AND VISITORS. 9 9 0 0 0 0 287361 359693 0 548 370 55875 51115 343784 411178 63000 110746 0 129503 130541 0 30904 150558 104854 343061 346141 723 65037 718190 720396 564336 501505 153854 218891 THE ORGANIZATION ASSISTS THE CITY OF VINELAND, NJ IN PROMOTING, ENHANCING AND REVITALIZING THE ECONOMIC GROWTH OF THE DOWNTOWN DISTRICT AS A THRIVING COMMERCIAL DISTRICT AND COMMUNITY GATHERING PLACE FOR SHOPPERS, RESIDENTS AND VISITORS. false false 292411 0 0 THE ORGANIZATION ASSISTS THE CITY OF VINELAND, NJ IN PROMOTING, ENHANCING AND REVITALIZING THE ECONOMIC GROWTH OF THE DOWNTOWN DISTRICT AS A THRIVING COMMERCIAL DISTRICT AND COMMUNITY GATHERING PLACE FOR SHOPPERS, RESIDENTS AND VISITORS. 292411 true true false false false false false false true false true false false false true false true false false false false false false false true false false true true false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false X 9 9 false false false false true true true true true false false true true true true true true true true false NJ X RUSSELL SWANSON 8567948653 603 EAST LANDIS AVENUE VINELAND NJ 08360 BRIAN LANKIN CHAIRMAN 5.00 X 0 0 0 DENNIS INGRALDI VICE CHAIRMAN 5.00 X 0 0 0 PAUL SPINELLI COUNCIL LIAISON 5.00 X 0 0 0 LIZZY KENNEDY SECRETARY/ TREASURER 5.00 X 0 0 0 MACLEOD CARRE TRUSTEE AT LARGE 5.00 X 0 0 0 RICHARD DIXON TRUSTEE AT LARGE 5.00 X 0 0 0 ROBIN ADAMS TRUSTEE AT LARGE 5.00 X 0 0 0 VANESSA SOSA TRUSTEE AT LARGE 5.00 X 0 0 0 JUSTIN WHITE TRUSTEE AT LARGE 5.00 X 0 0 0 RUSSELL SWANSON EXECUTIVE DIRECTOR 25.00 X 0 0 83239 0 0 83239 false false false 39273 320420 359693 370 0 0 22796 22796 22796 22796 39273 GAIN ON FORGIVENESS 531110 14748 14748 0 0 CANCELLAITON OF ACCOUNTS PAYABLE 999999 13571 13571 0 0 28319 411178 51485 0 0 110746 110746 120167 96133 12017 12017 3371 2697 337 337 7003 5603 700 700 3153 2522 631 0 8798 7038 1760 0 38102 25528 0 12574 2984 1134 1134 716 18877 15101 3096 680 6659 6659 0 0 16160 12928 1616 1616 5992 5393 599 0 MISCELLANEOUS 4129 929 936 2264 346141 292411 22826 30904 217336 217108 53551 51910 22361 39508 7825 10913 675658 274701 417117 400957 718190 720396 23694 5347 30000 1950 2214 508692 493944 564336 501505 X 153854 218891 153854 218891 718190 720396 65037 X false true X true false X 0 173270 208998 258582 343864 359693 1344407 0 0 173270 208998 258582 343864 359693 1344407 0 1344407 24625 22706 24673 25148 23166 120318 0 0 1464725 0.91790 X 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false 0 104949 104949 473173 182569 290604 86023 80619 5404 11513 11513 0 400957 CONTINGENT VRLF, LLC NOTE 01-01 361000 CONTINGENT VRLF, LLC NOTE 02-03 87655 FORGIVEABLE VRLF, LLC NOTE 03-01 23689 FORGIVABLE VRLF, LLC NOTE 02-02 21600 493944 411178 411178 411178 346141 346141 346141 TASTE OF VINELAND 17208 17208 2970 2182 500 1809 CRUISE DOWN MEMORY LANE 8202 8202 2500 82 600 4758 3 14064 14064 13311 39474 39474 5470 2264 1100 19878 28712 10762 true Pt VI, Line 6 CLASSES OF MEMBERS OR STOCKHOLDERS - VINELAND DOWNTOWN IMPROVEMENT DISTRICT MAANGEMENT CORPORATION HAS NO MEMBERS OR STOCKHOLDERS AND IS MANAGED BY THE BOARD OF TRUSTEES CONSISTING OF 9 MEMBERS. THE BOARD OF TRUSTEES HAVE FULL AUTHORITY AND LEGAL RESPONSIBILITY OF THE MANAGEMENT, OPERATION AND FINANCIAL VIABILITY OF THE ORGANIZATION. THE REVIEW AND MONITORING OF THE PROGRAMS FINANCIAL MANAGEMENT IS DELEGATED TO THE BOARD OF TRUSTEES. Pt VI, Line 7a ELECTION OF MEMBERS AND THEIR RIGHTS - THE INITIAL BOARD OF TRUSTEES CONSISTED OF THOSE TRUSTEES NAMED IN THE ARTICLES OF INCORPORATION. A TRUSTEE ELECTED BY THE BOARD SHALL HOLD OFFICE FOR A PERIOD OF ONE CALENDAR YEAR, AND THE ELECTION OF ALL OFFICERS OF THE BOARD SHALL BE BY MAJORITY VOTE AT THE ANNUAL REORGANIZATION MEETING. Pt VI, Line 7b DECISIONS SUBJECT TO APPROVAL OF MEMBERS - AT ALL MEETINGS OF THE BOARD, A MAJORITY OF THE APPOINTED TRUSTEES THEREOF SHALL CONSITUTE A QUORUM FOR THE TRANSACTION OF BUSINESS. WHERE A QUORUM IS PRESENT, THE ACTS OF A MAJORITY OF THE TRUSTEES PRESENT AT THE MEETING SHALL BE SUFFICIENT TO CONDUCT AND APPROVE THE BUSINESS OF THE ORGANIZATION EXCEPT THAT APPROVAL AND EXECUTION OF ANY AGREEMENT INVOLVING EXPENDITURES OF FUNDS INCLUDING CONTRACTS WITH ANY PERSON, FIRM, CORPORATION, GOVERNMENTAL AGENCY OR OTHER ENTITY SHALL ONLY TAKE PLACE UPON AFFIRMATIVE VOTE OF THE MAJORITY OF THE BOARD OF TRUSTEES AND FOLLOWING SHALL ONLY TAKE PLACE UPON THE AFFIRMATIVE VOTE OF A TWO-THIRDS (2/3) MAJORITY OF THE BOARD OF TRUSTEES: (a) THE BORROWING OF FUNDS FROM PRIVATE LENDERS OR FROM GOVERNMENTAL ENTITIES, (b) THE PURCHASE, SALE, LEASE OR CONTRACT OR MANAGEMENT OF REALTY OR (c) AMENDMENT PURSUANT TO ARTICLE 15 OF THE BY-LAWS. Pt VI, Line 11b ORGANIZATIONS PROCESS TO REVIEW FORM 990 - AT THE END OF THE YEAR, AN OUTSIDE CPA PREPARES THE ANNUAL FORM 990: RETURN FOR THE ORGANIZATIONS EXEMPTION FROM INCOME TAX. THE FORM 990 RETURN IS THEN PRESENTED TO THE EXECUTIVE DIRECTOR AND BOARD OF TRUSTEES FRO THEIR REVIEW AND APPROVAL. THE CPA WILL THEN FILE THE RETURN WITH THE INTERNAL REVENUE SERVICE. Pt VI, Line 12c ENFORCEMENT OF CONFLICTS POLICY - THE ORGANIZATION HOLDS AND ENFORCES A CONFLICT OF INTEREST AND DISCLOSURE POLICY, WHICH IS DISTRIBUTED TO EACH TRUSTEE, OFFICER, EMPLOYEE, CONSULTANT AND/OR AGENT AND SHALL CERTIFY IN WRITING THAT HE OR SHE HAS REVIEWED AND COMPLIED WITH SUCH POLICY. THE PURPOSE OF THE POLICY IS TO PREVENT CONFLICTS OF INTEREST INTERERING WITH THE ORGANIZATIONS DECISION MAKING PROCESS SUCH THAT IT IS NO LONGER REPRESENTATIVE OR OR IN THE BSET INTREST OF THE ORGANIZAITON, OR IN ACCORDANCE WITH THE ORGANIZATIONS BY-LAWS. Pt VI, Line 15a COMPENSATION PROCESS FOR TOP OFFICIAL - THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DETERMINATION OF COMPENSATION FOR THE EXECUTIVE DIRECTOR. ANY SALARY RECEIVED BY THE EXECUTIVE DIRECTOR SHALL BE REASONABLE, GIVEN IN RETURN FOR SERVICES ACTUALLY RENDERED TO OR FOR THE CORPORATION AND CONSISTENT WITH APPLICABLE LAW GOVERNING TAX-EXEMPT ORGANIZATIONS AND APPLICABLE CORPORATE POLICIES, INCLUDING ANY CONFLICT OF INTEREST POLICY. Pt VI, Line 15b COMPENSATION PROCESS FOR OFFICERS - NO OFFICER OR TRUSTEE BY VIRTUE OF HIS OR HER OFFICE SHALL BE ENTITLED TO RECEIVE ANY SALARY OR COMPENSATION OTHER THAN THE REIMBURSEMENT OF MONIES EXPENDED ON BEHALF OF THE ORGANIZATION AND REASONABLE EXPENSES INCURRED IN ATTENDING A REGULAR OR SPECIAL MEETING OF THE BOARD OF TRUSTEES FROM TIME-TO-TIME. NOTHING HEREIN SHALL BE CONSTRUED TO PREVENT AN OFFICER OR TRUSTEE FROM RECEIVING REASONABLE COMPENSATION APPROPRIATE FOR THE VALUE OF THE SERIVCES PERFORMED FOR THE ORGANIZATION IN A CAPACITY OTHER THAN AS A TRUSTEE, PROVIDED THAT ALL POLICIES AND PROCEDURES REGARDING BOARD CONFLICTS OF INTEREST AND APPLICABLE PROCUREMENT STANDARDS HAVE BEEN FOLLOWED.