Somerset County Bar Association
- Assets
- $25.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Somerville, NJ
- Founding
- 11/1973
- Data as of
- 05/2022
- EIN
- 23-7146700
Organization Overview
Somerset County Bar Association is located in Somerville, NJ. The organization was established in 1973. According to its NTEE Classification (I03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Somerset County Bar 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 05/2022, Somerset County Bar Association generated $90.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $91.1k during the year ending 05/2022. While expenses have increased by 0.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan S Carey Officer | 2 | $0 | |
Steven K Warner President | 1 | $0 | |
Arthur Margeotes Officer | 1 | $0 | |
Daniel R Esposito Trustee | 1 | $0 | |
Anthony J Parenti Secretary | 2 | $0 | |
Patrice Hobbs Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $22,500 |
| Membership dues | $62,466 |
| Investment income | $26 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,769 |
| Other Revenue | $0 |
| Total Revenue | $90,761 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $45,532 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,526 |
| Total expenses | $91,058 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,220 |
| Other assets | $0 |
| Total assets | $25,220 |
| Total liabilities | $1,249 |
| Net assets or fund balances | $23,971 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Superior Officers Council Retiree Health And Welfare Fund New York, NY | $31,602,101 | $11,634,938 |
New Jersey State Bar Association New Brunswick, NJ | $11,341,660 | $9,258,794 |
Philadelphia Lodge No 5 Fraternal Order Of Police Retiree Health Philadelphia, PA | $7,628,447 | $4,544,989 |
Philadelphia Bar Association Philadelphia, PA | $4,372,600 | $3,695,753 |
New York State Trial Lawyers Association New York, NY | $2,357,835 | $2,829,931 |
New York State Defenders Association Inc Albany, NY | $2,515,926 | $3,148,465 |
Supreme Court Uniformed Officers Association Security Benefits Fund New York, NY | $4,637,758 | $2,949,715 |
N Y S Court Officers Association Of Ny % Gould & Kobrick New York, NY | $20,136,170 | $3,667,070 |
New York County Lawyers Association New York, NY | $23,585,475 | $18,504,288 |
New Jersey State Bar Foundation New Brunswick, NJ | $12,412,324 | $2,524,427 |
New York State Court Clerks Assoc Security Benefits Fund New York, NY | $5,898,307 | $2,366,098 |
New Jersey Association For Justice Inc Trenton, NJ | $1,316,331 | $2,161,035 |