New Jersey State Golf Association
- Assets
- $3.2m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Kenilworth, NJ
- Founding
- 03/1957
- Data as of
- 12/2023
- EIN
- 22-6046575
Organization Overview
New Jersey State Golf Association is located in Kenilworth, NJ. The organization was established in 1957. According to its NTEE Classification (N01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, New Jersey State Golf Association employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey State Golf Association 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, New Jersey State Golf Association generated $3.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.8m during the year ending 12/2023. While expenses have increased by 5.9% 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
FOR THE PURPOSE OF PRESERVING AND PROMOTING THE GAME OF GOLF THROUGHOUT THE STATE OF NEW JERSEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE SPORT OF GOLF AND PROVIDE HANDICAP SERVICES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rod Mcrae President | OfficerTrustee | 3 | $0 |
David Cronheim Vice President | OfficerTrustee | 3 | $0 |
Eric Lundberg Treasurer | OfficerTrustee | 3 | $0 |
Lisa Lifer Secretary | OfficerTrustee | 3 | $0 |
Michael Mcfadden Former President-Part Of 2023 | OfficerTrustee | 3 | $0 |
Don Davidson Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,000 |
| Total Program Service Revenue | $3,110,507 |
| Investment income | $52,482 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,101 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,227,165 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,710 |
| 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. | $171,658 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $629,632 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $91,061 |
| Payroll taxes | $69,910 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $40,340 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $1,650 |
| Office expenses | $193,083 |
| Information technology | $22,708 |
| Royalties | $0 |
| Occupancy | $65,564 |
| Travel | $72,625 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,349 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,496 |
| Insurance | $20,005 |
| All other expenses | $3,645 |
| Total functional expenses | $2,753,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50,754 |
| Savings and temporary cash investments | $916,696 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $147,887 |
| 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 | $8,865 |
| Net Land, buildings, and equipment | $86,609 |
| Investments—publicly traded securities | $1,388,387 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $555,773 |
| Total assets | $3,154,971 |
| Accounts payable and accrued expenses | $64,873 |
| Grants payable | $0 |
| Deferred revenue | $26,983 |
| 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 | $555,773 |
| Total liabilities | $647,629 |
| Net assets without donor restrictions | $2,007,342 |
| Net assets with donor restrictions | $500,000 |
| 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 | $3,154,971 |