New Jersey Subcontractors Association Inc
- Assets
- $119.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Succasunna, NJ
- Founding
- 11/1975
- Data as of
- 06/2021
- EIN
- 22-1945360
Organization Overview
New Jersey Subcontractors Association Inc is located in Succasunna, NJ. The organization was established in 1975. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Subcontractors Association 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 06/2021, New Jersey Subcontractors Association Inc generated $56.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (16.5%) each year. All expenses for the organization totaled $103.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION IS COMMITTED TO PROMOTING A MORE EQUITABLE BUSINESS ENVIRONMENT FOR SUBCONTRACTORS, SPECIALTY TRADE CONTRACTORS, SUPPLIERS AND SERVICE PROVIDERS IN THE CONSTRUCTION INDUSTRY THROUGH COMMUNICATION, EDUCATION, AND INDUSTRY AND GOVERNMENT ADVOCACY.
Describe the Organization's Program Activity:
Part 3
DINNER AND MEMBERSHIP MEETINGS: HOLDING MEETINGS WHERE MEMBERS DISCUSS INFORMATION RELEVANT TO THE FIELD OF SUBCONTRACTING, AND DISSEMINATE RELEVANT INFORMATION.
AWARDS DINNER AND RELATED AD JOURNAL:PROVIDES A FORUM FOR RECOGNIZING EXCELLENCE IN THE FIELD,PROMOTION OF HIGH STANDARDS AND COMMUNICATION OF RELEVANT INFORMATION.
GOLF OUTING: PROVIDES A FORUM FOR NETWORKING AMONG MEMBERS AND OTHER BUSINESS ASSOCIATES, INCLUDING CONTRACTORS,TO FURTHER THE MEMBERS' BUSINESS INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Marie Almasi President | 2 | $0 | |
Logan True Director | 0 | $0 | |
Buddy Freund Executive Dir. | 25 | $0 | |
John Zalepka Director | 0 | $0 | |
Tim Callahan Director | 2 | $0 | |
Gerald Giordano Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,290 |
| Membership dues | $55,413 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $56,707 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $84,480 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $99 |
| Other expenses | $14,258 |
| Total expenses | $102,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $104,548 |
| Other assets | $0 |
| Total assets | $119,497 |
| Total liabilities | $31,769 |
| Net assets or fund balances | $87,728 |
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