New Jersey Psychological Association is located in Livingston, NJ. The organization was established in 1964. According to its NTEE Classification (F03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, New Jersey Psychological Association employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Psychological Association 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 Psychological Association generated $617.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $659.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ADVANCEMENT OF PSYCHOLOGY AS A SCIENCE, AS A PROFESSION, AND AS A MEANS OF PROMOTING HEALTH AND HUMAN WELFARE IN AN ATMOSPHERE THAT SUPPORTS THE DIVERSITY OF ITS MEMBERS AND SOCIETY AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE NEW JERSEY PSYCHOLOGICAL ASSOCIATION IS THE ADVANCEMENT OF PSYCHOLOGY AS A SCIENCE, AS A PROFESSION, AND AS A MEANS OF PROMOTING HEALTH AND HUMAN WELFARE IN AN ATMOSPHERE THAT SUPPORTS THE DIVERSITY OF ITS MEMBERS AND THE SOCIETY AT LARGE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sara J Parikh Executive Diret | OfficerTrustee | 35 | $93,316 |
Susan Mcgroarty Director | OfficerTrustee | 12 | $40,656 |
Amy Chapman Director Of Ope | OfficerTrustee | 35 | $19,374 |
Briana Cox President | OfficerTrustee | 20 | $11,000 |
Peter Denigris Past President | OfficerTrustee | 20 | $11,000 |
Marc Gironda President | OfficerTrustee | 3 | $1,650 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $454,287 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $2,000 |
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 | $456,287 |
Total Program Service Revenue | $173,188 |
Investment income | $7,984 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$20,207 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $617,252 |
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. | $165,995 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $165,997 |
Pension plan accruals and contributions | $13,855 |
Other employee benefits | $14,010 |
Payroll taxes | $27,036 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,082 |
Fees for services: Accounting | $29,703 |
Fees for services: Lobbying | $60,887 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $3,047 |
Fees for services: Other | $22,986 |
Advertising and promotion | $0 |
Office expenses | $9,059 |
Information technology | $7,074 |
Royalties | $0 |
Occupancy | $71,641 |
Travel | $1,715 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $42,952 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $5,297 |
All other expenses | $0 |
Total functional expenses | $659,237 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $177,466 |
Savings and temporary cash investments | $238,870 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,131 |
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 | $29,759 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $306,311 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $58,359 |
Total assets | $814,896 |
Accounts payable and accrued expenses | $7,875 |
Grants payable | $0 |
Deferred revenue | $261,800 |
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 | $12,112 |
Total liabilities | $281,787 |
Net assets without donor restrictions | $522,561 |
Net assets with donor restrictions | $10,548 |
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 | $814,896 |