United Adjunct Facultyof New Jersey 2222 is located in Parisppany, NJ. As of 12/2022, United Adjunct Facultyof New Jersey 2222 employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. United Adjunct Facultyof New Jersey 2222 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, United Adjunct Facultyof New Jersey 2222 generated $339.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $350.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE LIVES OF THEIR MEMBERS AND THEIR FAMILIES; TO GIVE A VOICE TO THEIR PROFESSIONAL, ECONOMIC, AND SOCIAL ASPIRATIONS;TO STRENGTHEN THE INSTITUTIONS IN WHICH THEY WORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE LIVES OF THEIR MEMBERS AND THEIR FAMILIES; TO GIVE A VOICE TO THEIR PROFESSIONAL,ECONOMIC, AND SOCIAL ASPIRATIONS; TO STRENGTHEN THE INSTITUTIONS IN WHICH THEY WORK.
THE MISSION OF THE ORGANIZATION IS TO IMPROVE THE LIVES OF THEIR MEMBERS AND THEIR FAMILIES; TO GIVE A VOICE TO THEIR PROFESSIONAL,ECONOMIC, AND SOCIAL ASPIRATIONS; TO STRENGTHEN THE INSTITUTIONS IN WHICH THEY WORK.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
William Lipkin President | OfficerTrustee | 10 | $26,154 |
Nancy Merrill Vice Preside | OfficerTrustee | 5 | $19,677 |
Lynne Cummings Exec Vice Pr | OfficerTrustee | 5 | $11,000 |
John L Smith Vice Preside | OfficerTrustee | 5 | $9,000 |
Nancy Hynes Lasek Vice Preside | OfficerTrustee | 5 | $7,774 |
Dennis Johnson Vice Preside | OfficerTrustee | 5 | $6,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $327,872 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,580 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $338,452 |
Total Program Service Revenue | $0 |
Investment income | $597 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $339,049 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $171,825 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $16,970 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $31,673 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $13,735 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,535 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $23,940 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,074 |
Insurance | $6,854 |
All other expenses | $5,149 |
Total functional expenses | $350,644 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,881,191 |
Savings and temporary cash investments | $152,048 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
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 | $0 |
Net Land, buildings, and equipment | $1,611 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,034,850 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $5,416 |
Total liabilities | $5,416 |
Net assets without donor restrictions | $2,029,434 |
Net assets with donor restrictions | $0 |
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 | $2,034,850 |