New Jersey Coalition Of Automotive Retailers Inc is located in West Trenton, NJ. The organization was established in 1948. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, New Jersey Coalition Of Automotive Retailers Inc employed 115 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Coalition Of Automotive Retailers Inc 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 12/2022, New Jersey Coalition Of Automotive Retailers Inc generated $47.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $46.1m during the year ending 12/2022. While expenses have increased by 9.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A TRADE ASSOCIATION ESTABLISHED FOR FRANCHISED NEW CAR & TRUCK DEALERS IN NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COALITION IS A TRADE ASSOCIATION ESTABLISHED FOR FRANCHISED NEW CAR & TRUCK DEALERS IN NEW JERSEY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Appleton President | Officer | 40 | $591,267 |
Judith Mcginley Executive Vice President | Officer | 40 | $220,090 |
Greyson Hannigan Staff Counsel | 40 | $137,136 | |
Susan Sbarro Mv Operations Director | 40 | $135,317 | |
Magdalena Padilla Le/reg/affairs | 40 | $142,862 | |
Angelo Famiglietti Dir. Of Accounting | 40 | $173,084 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bass Sox Mercer Legal Services | 12/30/21 | $209,118 |
Nimble Software | 12/30/21 | $172,940 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $7,652 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,652 |
Total Program Service Revenue | $47,443,698 |
Investment income | $295,836 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$21,422 |
Net Gain/Loss on Asset Sales | -$374,292 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $47,351,472 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $916,137 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,313,257 |
Pension plan accruals and contributions | $368,158 |
Other employee benefits | $901,615 |
Payroll taxes | $390,872 |
Fees for services: Management | $0 |
Fees for services: Legal | $206,093 |
Fees for services: Accounting | $41,800 |
Fees for services: Lobbying | $68,750 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $31,680 |
Fees for services: Other | $107,903 |
Advertising and promotion | $19,274 |
Office expenses | $203,869 |
Information technology | $86,692 |
Royalties | $0 |
Occupancy | $59,233 |
Travel | $115,691 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $85,388 |
Interest | $53 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $233,235 |
Insurance | $146,347 |
All other expenses | $431,905 |
Total functional expenses | $46,103,359 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,343,944 |
Savings and temporary cash investments | $4,737,437 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,031,156 |
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 | $140,293 |
Net Land, buildings, and equipment | $1,880,720 |
Investments—publicly traded securities | $4,460,824 |
Investments—other securities | $6,923,092 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,750 |
Total assets | $20,524,216 |
Accounts payable and accrued expenses | $1,172,493 |
Grants payable | $0 |
Deferred revenue | $425,824 |
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 | $428,929 |
Total liabilities | $2,027,246 |
Net assets without donor restrictions | $18,496,970 |
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 | $20,524,216 |