New Jersey State Policemens Benevolent Association Inc

The information for the New Jersey State Policemens Benevolent Association Inc is as of the organization's most recent filing in December 2019. This organization is located in New Brunswick, NJ and has been in existence for 5 years, following its founding in 2014.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The New Jersey State Policemens Benevolent Association Inc's NTEE code is Y42. The "Y" tells us that the organization is classified along with Domestic Fraternal Societies. The "42" tells us that the organization is a Mutual & Membership Benefit organization. The NTEE describes Mutual & Membership Benefit organizations as fraternal societies or associations operating under the lodge system that do not provide life, health, accident, or other benefits to their members but rather devote their earnings to fraternal, religious, charitable, or other services. This code is used exclusively for organizations exempt from federal taxes under 501(c)(10) of the Internal Revenue Code. Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(8) organization. The IRS describes these organizations as Fraternal Beneficiary Societies and Associations.

Program Areas

The organization's general fund seeks to further the interests of its membership by improving terms and conditions of employment, providing moral and material aid as needed, providing representation and/or counsel in legal proceedings, and promoting social and fraternal activities.

Organization Growth

The New Jersey State Policemens Benevolent Association Inc has experienced growth over the past four years. Program service revenue has increased from $10.5K in 2015 to $15.1K in 2019. The total revenue has also increased from $129.4K in 2015 to $156.8K in 2019. In addition, the benefits paid to members have increased from $66.4K in 2015 to $90.2K in 2019. This steady growth is a positive sign for the organization and it appears that the New Jersey State Policemens Benevolent Association Inc is in a strong position.