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 12/2021, New Jersey Coalition Of Automotive Retailers Inc employed 122 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 12/2021, New Jersey Coalition Of Automotive Retailers Inc generated $52.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $51.1m during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 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
2021
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 | $628,809 |
Judith Mcginley Executive Vice President | Officer | 40 | $209,643 |
Susan Sbarro Mv Operations Director | 40 | $130,584 | |
Magdalena Padilla Le/reg/affairs | 40 | $116,899 | |
Breanna Esquilin Dir.workforce Development | 40 | $115,660 | |
Greyson Hannigan Staff Counsel | 40 | $111,831 |
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 | $0 |
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 | $0 |
Total Program Service Revenue | $52,399,620 |
Investment income | $89,910 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | -$10,578 |
Net Gain/Loss on Asset Sales | -$22,262 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $52,456,690 |
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. | $1,096,815 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,177,132 |
Pension plan accruals and contributions | $321,922 |
Other employee benefits | $794,686 |
Payroll taxes | $400,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $288,823 |
Fees for services: Accounting | $30,245 |
Fees for services: Lobbying | $60,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $27,524 |
Fees for services: Other | $125,332 |
Advertising and promotion | $154,806 |
Office expenses | $167,122 |
Information technology | $36,513 |
Royalties | $0 |
Occupancy | $215,274 |
Travel | $69,835 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $8,145 |
Interest | $1,468 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $151,708 |
Insurance | $154,738 |
All other expenses | $176,885 |
Total functional expenses | $51,121,948 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,527,389 |
Savings and temporary cash investments | $2,802,278 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $803,186 |
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 | $108,535 |
Net Land, buildings, and equipment | $1,014,691 |
Investments—publicly traded securities | $5,361,460 |
Investments—other securities | $6,900,186 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $179,690 |
Total assets | $19,697,415 |
Accounts payable and accrued expenses | $1,363,955 |
Grants payable | $0 |
Deferred revenue | $398,900 |
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 | $9,546 |
Total liabilities | $1,772,401 |
Net assets without donor restrictions | $17,925,014 |
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 | $19,697,415 |