Buddies Of New Jersey Inc
- Assets
- $1.4m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 33
- Location
- Hackensack, NJ
- Founding
- 02/1993
- Data as of
- 06/2023
- EIN
- 22-2767627
Organization Overview
Buddies Of New Jersey Inc is located in Hackensack, NJ. The organization was established in 1993. According to its NTEE Classification (G81) the organization is classified as: AIDS, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 06/2023, Buddies Of New Jersey Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Buddies Of 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 06/2023, Buddies Of New Jersey Inc generated $5.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $5.6m during the year ending 06/2023. While expenses have increased by 18.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
TO PROVIDE SUPPORT, EDUCATION, AND SERVICES FOR PERSONS INFECTED AND AFFECTED BY HIV/AIDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RYAN WHITE PROGRAM - PROVIDES MEDICAL CASE MANAGEMENT, CASE MANAGEMENT, DENTAL SERVICES, TRANSPORTATION ASSISTANCE, FOOD PANTRY, SUBSTANCE ABUSE, AND PSYCHOLOGICAL COUNSELING, COMMUNITY OUTREACH, SUPPORT GROUPS TO THOSE LIVING WITH HIV/AIDS.
HOPWA - OPERATIONAL COSTS AND SUPPORTING SERVICES OF HARRISON HOUSE (WHICH PROVIDES TEMPORARY HOUSING), LONG-TERM AND SHORT-TERM RENTAL ASSISTANCE, RENTAL SECURITY DEPOSITS, EMERGENCY SHELTER, UTILITY ASSISTANCE, AND MORTGAGE ASSISTANCE FOR PERSONS LIVING WITH HIV/AIDS.
MOBILE HIV TESTING SITE, CASE MANAGEMENT, MEDICAL CASE MANAGEMENT, SUBSTANCE ABUSE PROGRAMS, 340B PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Thebery Trustee | Trustee | 5 | $0 |
Rashade Haynes II Trustee | Trustee | 5 | $0 |
Christine Wade Chair | OfficerTrustee | 5 | $0 |
Xio Mora-Lopez Secretary | OfficerTrustee | 5 | $0 |
Anika Davis Vice-Chair | OfficerTrustee | 5 | $0 |
Haldy Javier Peguero Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $29,610 |
| Related organizations | $0 |
| Government grants | $1,976,581 |
| All other contributions, gifts, grants, and similar amounts not included above | $64,756 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,070,947 |
| Total Program Service Revenue | $3,476,900 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $24,578 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,580,268 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $367,905 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,740 |
| Compensation of current officers, directors, key employees. | $6,101 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,074,559 |
| Pension plan accruals and contributions | $15,969 |
| Other employee benefits | $155,122 |
| Payroll taxes | $128,788 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,750 |
| Advertising and promotion | $27,981 |
| Office expenses | $215,962 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,050 |
| Travel | $34,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $89,663 |
| Interest | $5,462 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $33,943 |
| Insurance | $94,616 |
| All other expenses | $43,791 |
| Total functional expenses | $5,630,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $337,195 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $818,851 |
| Accounts receivable, net | $0 |
| 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 | $12,990 |
| Net Land, buildings, and equipment | $186,930 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $81,844 |
| Total assets | $1,437,810 |
| Accounts payable and accrued expenses | $472,199 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $173,524 |
| Total liabilities | $645,723 |
| Net assets without donor restrictions | $692,087 |
| Net assets with donor restrictions | $100,000 |
| 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 | $1,437,810 |