India Cultural Association Of Central Jersey is located in Old Bridge, NJ. The organization was established in 1983. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. India Cultural Association Of Central Jersey is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, India Cultural Association Of Central Jersey generated $67.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.6%) each year. All expenses for the organization totaled $63.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Himanshu Patel President | 4 | $0 | |
Mahendra Shah Vice President | 3 | $0 | |
Pratibha Savalia Secretary | 4 | $0 | |
Hetal Shah Treasurer | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $8,501 |
Total Program Service Revenue | $52,439 |
Membership dues | $6,125 |
Investment income | $75 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $67,140 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $63,226 |
Total expenses | $63,226 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $195,498 |
Other assets | $0 |
Total assets | $195,498 |
Total liabilities | $0 |
Net assets or fund balances | $195,498 |