Njsbga-Monmouth Ocean Counties
- Assets
- $58.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Howell, NJ
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 47-5189307
Organization Overview
Njsbga-Monmouth Ocean Counties is located in Howell, NJ. The organization was established in 2016. 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. Njsbga-Monmouth Ocean Counties 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 06/2022, Njsbga-Monmouth Ocean Counties generated $43.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $56.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
MEMBER SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ken Dioguardi Secretary | 2 | $0 | |
Don Frangipane President | 2 | $0 | |
Walter Sosa Treasurer | 2 | $0 | |
Ann Degnan Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,880 |
| Total Program Service Revenue | $0 |
| Membership dues | $38,119 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $361 |
| Other Revenue | $0 |
| Total Revenue | $43,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $24,750 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $649 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,468 |
| Total expenses | $56,867 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,686 |
| Other assets | $0 |
| Total assets | $58,686 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,686 |
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