Institute For Supply Management New Jersey Inc
- Assets
- $272.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manahawkin, NJ
- Founding
- 05/1987
- Data as of
- 06/2022
- EIN
- 22-2269780
Organization Overview
Institute For Supply Management New Jersey Inc is located in Manahawkin, NJ. The organization was established in 1987. 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. Institute For Supply Management New Jersey Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Institute For Supply Management New Jersey Inc generated $53.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.6%) each year. All expenses for the organization totaled $50.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (19.7%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ISM-NJ IS TO SUPPORT THE INSTITUTE FOR SUPPLY MANAGEMENT (ISM)IN LEADING THE FIELD OF SUPPLY MANAGEMENT BY:CONDUCTING REGULAR SCHEDULED MEETINGS AND FORUMS, OFFERING HIGH QUALITY PROFESSIONAL TRAINING PROGRAMS AND WORKSHOPS, ORGANIZING AND PROMOTING LEADING EDGE CONFERENCES AND TRADE FAIRS, OFFERING SELF DEVELOPMENT OPPORTUNITIES, DELIVERING VALUE ADDED SERVICES FOR OUR MEMBERS
Describe the Organization's Program Activity:
Part 3
PROFESSIONAL DEVELOPMENT TRAINING SEMINARS, LEADERSHIP CONFERENCES AND NATIONAL DUES
TRADE FAIR, ANNUAL AWARDS DINNER, SCHOLARSHIP & OTHER EVENTS TO PROMOTE THE ORGANIZATIONS ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen M Perna Executive Di | 25 | $14,845 | |
Name Not Listed President El | 2 | $0 | |
Thalia Adams Waingarten V P Finance | 2 | $0 | |
Daniel Haloukas Dir Of Prof | 2 | $0 | |
Kim Castellucci Vp-Business | 2 | $0 | |
Augustine Nwabuzar Director-Edu | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $21,940 |
| Membership dues | $31,379 |
| Investment income | $64 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,383 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $975 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $31,598 |
| Occupancy, rent, utilities, and maintenance | $7,864 |
| Printing, publications, postage, and shipping | $2,241 |
| Other expenses | $7,544 |
| Total expenses | $50,222 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,010 |
| Other assets | $0 |
| Total assets | $272,787 |
| Total liabilities | $158,940 |
| Net assets or fund balances | $113,847 |