New Jersey State Policemens Benevolent Association Inc is located in Bayonne, 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 12/2023, New Jersey State Policemens Benevolent Association Inc generated $179.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $214.6k during the year ending 12/2023. While expenses have increased by 4.4% 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
TO FURTHER THE INTERESTS OF ITS MEMBERSHIP BY SEEKING IMPROVED TERMS AND CONDITIONSOF EMPLOYMENT, TO RENDER MORAL AND MATERIAL AID TO MEMBERS AS NEEDED, TO PROVIDE REPRESENTATIONAND/OR COUNSEL IN LEGAL PROCEEDINGS, AND TO PROMOTE SOCIAL AND FRATERNAL ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Garrett Hoffman President | 10 | $9,000 | |
Michael Collins State Delegate | 5 | $4,500 | |
Stephen Kelly Financial Secretary | 5 | $2,700 | |
Christopher Styles Trustee | 5 | $600 | |
Damon Galano Trustee | 5 | $600 | |
Kennteh Drago Trustee | 5 | $300 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $6,135 |
Membership dues | $173,088 |
Investment income | $123 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $179,346 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $57,862 |
Salaries, other compensation, and employee benefits | $22,200 |
Professional fees and other payments to independent contractors | $86,944 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $438 |
Other expenses | $47,133 |
Total expenses | $214,577 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $216,688 |
Other assets | $0 |
Total assets | $216,688 |
Total liabilities | $0 |
Net assets or fund balances | $216,688 |