Young Insurance Professionals Of New Jersey Inc is located in Glenmont, NY. The organization was established in 0000. According to its NTEE Classification (Y20) the organization is classified as: Insurance Providers, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Insurance Professionals Of New Jersey 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 12/2023, Young Insurance Professionals Of New Jersey Inc generated $67.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $66.2k during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 9 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HELD MEETINGS TO DISCUSS INSURANCE INDUSTRY UPDATES AND ALSO SENT MAILINGS ON RELEVANT INDUSTRY TOPICS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Alyssa Delaney Immediate Past President | 1 | $0 | |
Peter Leone President | 1 | $0 | |
Michael S Destasio Vice President | 1 | $0 | |
Aaron Levine Active Past President | 1 | $0 | |
Walter Conroy Secretary | 1 | $0 | |
Amanda Gallo Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $3,360 |
Investment income | $4,085 |
Gain or Loss | -$1,498 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $61,368 |
Total Revenue | $67,315 |
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 | $1,600 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $64,639 |
Total expenses | $66,239 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,379 |
Other assets | $0 |
Total assets | $169,618 |
Total liabilities | $1,554 |
Net assets or fund balances | $168,064 |