North New Jersey Chamber Of Commerce Inc
- Assets
- $22.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Englewood, NJ
- Founding
- 09/1979
- Data as of
- 12/2023
- EIN
- 22-6107452
Organization Overview
North New Jersey Chamber Of Commerce Inc is located in Englewood, NJ. The organization was established in 1979. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. North New Jersey Chamber Of Commerce 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, North New Jersey Chamber Of Commerce Inc generated $114.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $107.5k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 8 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
THE NORTH NEW JERSEY CHAMBER OF COMMERCE'S MISSION IS: TO PROMOTE BUSINESS GROWTH, TO SERVE OUR MEMBERS WITH PERSONAL AND PROFESSIONAL DEVELOPMENT OPPORTUNITIES, TO AFFECT PUBLIC POLICY DECISIONS TO THE BENEFIT OF OUR BUSINESS COMMUNITY, AND TO ACTIVELY DEVELOP AND PROMOTE COMMUNITY EVENTS TO ENRICH THE QUALITY OF LIFE IN EAST BERGEN & THE NJ HUDSON WATERFRONT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Rauscher President | 20 | $11,000 | |
David Simon Chair | 1 | $0 | |
Tina Pearson Vice Chair | 1 | $0 | |
Erica Martinez Treasurer | 1 | $0 | |
Alexander Diaz Board Member | 1 | $0 | |
Michael Chananie Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,355 |
| Total Program Service Revenue | $30,036 |
| Membership dues | $27,578 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,028 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,000 |
| Professional fees and other payments to independent contractors | $12,655 |
| Occupancy, rent, utilities, and maintenance | $1,293 |
| Printing, publications, postage, and shipping | $5,521 |
| Other expenses | $77,004 |
| Total expenses | $107,473 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,224 |
| Other assets | $0 |
| Total assets | $22,224 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,224 |