Northern New Jersey Musicians Guild Local 16-248 Afm
- Assets
- $250.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paterson, NJ
- Founding
- 09/1940
- Data as of
- 12/2023
- EIN
- 22-2151427
Organization Overview
Northern New Jersey Musicians Guild Local 16-248 Afm is located in Paterson, NJ. The organization was established in 1940. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Northern New Jersey Musicians Guild Local 16-248 Afm is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Northern New Jersey Musicians Guild Local 16-248 Afm generated $199.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $167.9k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
DEATH BENEFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Scally Jr President | 5 | $18,000 | |
Amy Hamilton-Soto Treas. | 5 | $14,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $199,253 |
| Investment income | $539 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $199,792 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $57,584 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $110,342 |
| Total expenses | $167,926 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $249,573 |
| Other assets | $0 |
| Total assets | $250,520 |
| Total liabilities | $0 |
| Net assets or fund balances | $250,520 |