New Jersey Association Of Realtors
- Assets
- $40.1m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 24
- Location
- Trenton, NJ
- Founding
- 10/1942
- Data as of
- 12/2023
- EIN
- 22-1151210
Organization Overview
New Jersey Association Of Realtors, operating under the name New Jersey Realtors, is located in Trenton, NJ. The organization was established in 1942. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2023, New Jersey Realtors employed 24 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. New Jersey Realtors is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, New Jersey Realtors generated $10.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $8.0m during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, New Jersey Realtors has awarded 11 individual grants totaling $194,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP IN CONCERT WITH LOCAL BOARDS & THE NATIONAL ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ASSOCIATION PROVIDES SERVICES THAT EXPAND MEMBERS' GROWTH AND SUCCESS; ADVOCACY- PROTECTING MEMBERS' LIVELIHOOD AND PROPERTY RIGHTS; PROFESSIONAL DEVELOPMENT AND TRAINING; RECOGNITION OF OUTSTANDING ACHIEVEMENT; PROFESSIONAL STANDARDS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nick Manis President (until 12/7) Past President (beg. 12/8/ | OfficerTrustee | 5 | $0 |
Gloria Monks Pres Elect (until 12/7) President (beg. 12/8) | OfficerTrustee | 5 | $0 |
Kathleen Morin First VP (until 12/7) Pres. Elect (beg. 12/8) | OfficerTrustee | 5 | $0 |
Susan Larue First Vice Pres. (beginning 12/8/23) | OfficerTrustee | 5 | $0 |
Gloria Siciliano Treasurer (until 12/7/23) | OfficerTrustee | 5 | $0 |
Jairo Rodriguez Treasurer (beg. 12/8/23) | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lone Wolf Real Estae Technologies Inc Technology Services | 12/30/23 | $530,529 |
Greenbaum Rowe Smith And Davis Llp Legal Services | 12/30/23 | $191,015 |
Mosaic Printing & Mailing Services | 12/30/23 | $156,379 |
Aloupis Building Improvements | 12/30/23 | $129,000 |
Goodway Group Inc Digital Marketing | 12/30/23 | $119,869 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $20,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $20,500 |
| Total Program Service Revenue | $9,753,382 |
| Investment income | $733,171 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,529,877 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $34,950 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $870,361 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $6,563 |
| Other salaries and wages | $1,860,243 |
| Pension plan accruals and contributions | $206,063 |
| Other employee benefits | $260,152 |
| Payroll taxes | $181,572 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $281,853 |
| Fees for services: Accounting | $22,940 |
| Fees for services: Lobbying | $168,749 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $383,342 |
| Office expenses | $211,251 |
| Information technology | $158,728 |
| Royalties | $0 |
| Occupancy | $140,930 |
| Travel | $445,243 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $428,537 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $422,037 |
| Insurance | $81,314 |
| All other expenses | $400,002 |
| Total functional expenses | $7,977,786 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,542,690 |
| Savings and temporary cash investments | $29,879,284 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $260,529 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $221,241 |
| Net Land, buildings, and equipment | $8,144,293 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,948 |
| Total assets | $40,068,985 |
| Accounts payable and accrued expenses | $941,858 |
| Grants payable | $0 |
| Deferred revenue | $2,729,253 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $85,627 |
| Total liabilities | $3,756,738 |
| Net assets without donor restrictions | $36,312,247 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $40,068,985 |
Grants Awarded
Over the last fiscal year, New Jersey Association Of Realtors has awarded $50,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REALTORS RELIEF FOUNDATION PURPOSE: REBUILD COMMUNITIES AFFECTED BY DISASTERS | $25,000 |
FLORIDA REALTORS DISASTER RELIEF FUND PURPOSE: DONATION TO AID HURRICANE IAN RELIEF | $25,000 |