New Jersey State Policemens Benevolent Association Inc is located in Pitman, NJ. The organization was established in 2014. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. New Jersey State Policemens Benevolent Association Inc is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 07/2023, New Jersey State Policemens Benevolent Association Inc generated $414.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $321.9k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. 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
THE GLOUCESTER COUNTY PBA - LOCAL 122 IS A LAW ENFORCEMENT ORGANIZATION WITH A VIEW TOWARD LABOR RELATIONS AND WORKING CONDITIONS OF THE MEMBERSHIP. THE ORGANIZATION SUPPORTS SCHOLARSHIPS, COMMUNITY ACTIVITIES AND EVENTS FOR THE PUBLIC IT REPRESENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GLOUCESTER COUNTY PBA - LOCAL 122 IS A LAW ENFORCEMENT ORGANIZATION
THE GLOUCESTER COUNTY PBA - LOCAL 122 IS A LAW ENFORCEMENT ORGANIZATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Charles Dunne Delegate | Trustee | 1 | $0 |
Angie Cararra 2nd Vice Pre | Officer | 1 | $0 |
John Cararra Financial Se | Officer | 1 | $0 |
William Reichart President | Officer | 1 | $0 |
Kyle Spears Recording Se | Officer | 1 | $0 |
Jonathan R Streater Treasurer | Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $336,330 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $820 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $337,150 |
Total Program Service Revenue | $3,278 |
Investment income | $13,488 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,241 |
Net Income from Fundraising Events | $58,094 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $414,251 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $79,038 |
Payroll taxes | $0 |
Fees for services: Management | $36,350 |
Fees for services: Legal | $22,318 |
Fees for services: Accounting | $8,545 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,800 |
Advertising and promotion | $0 |
Office expenses | $32,982 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $14,231 |
Travel | $27 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $34,907 |
Interest | $7,934 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,267 |
Insurance | $934 |
All other expenses | $15,422 |
Total functional expenses | $321,948 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $285,499 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $8,445 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,467 |
Net Land, buildings, and equipment | $36,067 |
Investments—publicly traded securities | $70,276 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $239,848 |
Total assets | $641,602 |
Accounts payable and accrued expenses | $0 |
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 | $3,874 |
Other liabilities | $285,552 |
Total liabilities | $289,426 |
Net assets without donor restrictions | $115,606 |
Net assets with donor restrictions | $236,570 |
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 | $641,602 |