NEW JERSEY ASSOCIATION OF REALTORS: Form 990, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- NEW JERSEY ASSOCIATION OF REALTORS (EIN 22-1151210)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-07-14
- IRS object ID
- 202001969349303835
- Schema version
- 2019v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-07-14T15:33:04-05:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1455 Pennsylvania Avenue NW Suite 7 | AddressLine1Txt |
| Address Line2 | 00 | AddressLine2Txt |
| City | Washington | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 200041008 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 221151210 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Jersey Association of Realtors | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWJ | BusinessNameControlTxt |
| Phone | 6093417100 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 Hamilton Avenue | AddressLine1Txt |
| City | Trenton | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Jarrod Grasso | PersonNm |
| Person Title | Chief Executive Officer | PersonTitleTxt |
| Signature | 2020-07-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT WILLIAMS | PreparerPersonNm |
| PTIN | P01345960 | PTIN |
| Phone | 2026245555 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2020-09-22 18:59:49Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | New Jersey Realtors | BusinessNameLine1Txt |
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Jarrod Grasso | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 Hamilton Avenue | AddressLine1Txt |
| City | Trenton | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,961,846 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | www.NJREALTOR.com | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1918 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP IN CONCERT WITH LOCAL BOARDS & THE NATIONAL ASSOCIATION. | ActivityOrMissionDesc |
| Voting Members Governing Body | 48 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 48 | VotingMembersIndependentCnt |
| Total Employee | 23 | TotalEmployeeCnt |
| Total Volunteers | 271 | TotalVolunteersCnt |
| Total Gross UBI | $129,137 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$1,500 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $0 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $7,924,213 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $8,697,131 | CYProgramServiceRevenueAmt |
| PY Investment Income | $220,467 | PYInvestmentIncomeAmt |
| CY Investment Income | $235,125 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $29,590 | CYOtherRevenueAmt |
| PY Total Revenue | $8,144,680 | PYTotalRevenueAmt |
| CY Total Revenue | $8,961,846 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $59,050 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $43,902 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,322,935 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,500,705 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $3,894,825 | PYOtherExpensesAmt |
| CY Other Expenses | $4,348,313 | CYOtherExpensesAmt |
| PY Total Expenses | $6,276,810 | PYTotalExpensesAmt |
| CY Total Expenses | $6,892,920 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,867,870 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,068,926 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $26,980,076 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,795,265 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $2,664,507 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,410,770 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $24,315,569 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $26,384,495 | NetAssetsOrFundBalancesEOYAmt |
| Mission | TO UNITE LOCAL BOARDS & ASSOCIATIONS OF REALTORS IN THE STATE OF NJ FOR THE PURPOSE OF EXERTING EFFECTIVELY A COMBINED INFLUENCE UPON MATTERS AFFECTING REAL ESTATE, & TO ELEVATE THE STANDARDS OF THE REAL ESTATE BUSINESS THROUGHOUT THE STATE. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Desc | THE ASSOCIATION PROVIDES SERVICES THAT EXPAND MEMBERS' GROWTH AND SUCCESS; ADVOCACY- PROTECTING MEMBERS' LIVELIHOOD AND PROPERTY RIGHTS; PROFESSIONAL DEVELOPMENT AND TRAINING; RECOGNITION OF OUTSTANDING ACHIEVEMENT; PROFESSIONAL STANDARDS. | Desc |
| Total Program Service Expenses | $0 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (true) | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | Yes (true) | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 94 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 23 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 48 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 48 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | false | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NJ Association of Realtors | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6093417117 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 Hamilton Avenue | AddressLine1Txt |
| City | Trenton | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08611 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (55 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| Angela Sicoli | ||||||||
| President Elect | 5.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Christian Schlueter | ||||||||
| Immediate Past President | 5.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Irene Horowitz | ||||||||
| President | 5.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jeffrey Jones | ||||||||
| First Vice President | 5.0 | 0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHLEEN MORIN | ||||||||
| Director/ Treasurer (From 12/12/2019) | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Nick Manis | ||||||||
| Treasurer (Through 12/12/2019) | 5.0 | 0.0 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Allan Dechert | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Angela Desch | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| April Puesi | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| C John Kruk | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Catherine Greco | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Christina Clemans | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Christine Rothwell | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Christopher Bezaire | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Christopher Cervelli | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Christopher Tausch | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Damon Bready | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| David Weisbrod | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Dennis DeCarlo | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Dorothy Bellas | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Frances Blakely | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Frank Camassa | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Gene Amsel | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Giovanna VanValkenburg | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Gloria Monks | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Gloria Siciliano | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Jane Jannarone | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| John Rogge | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| John Terebey | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Karen Glowacki | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Kathleen DiGuglielmo | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN HOUSTON | ||||||||
| Director | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| Lorraine Colavito | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Lynne Mortimer | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Margaret Read | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Mark Quartello | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Mary Cano | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Mary Davis | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Nicole Sabarese | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Philip Berman | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Robert Oppenheimer | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Robert White | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Ronald Woods | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Shawn O'Brien | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Teresa Trigas-Pfefferle | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Valerie Arch Belardo | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Wendy Smith | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| William Hanley | ||||||||
| Director | 0.2 | 0.0 | Yes (X) | $0 | $0 | $0 | ||
| William Nelson | ||||||||
| Director | 0.2 | 0 | Yes (X) | $0 | $0 | $0 | ||
| Jarrod Grasso | ||||||||
| CEO | 35.0 | 0 | Yes (X) | $346,355 | $0 | $81,486 | ||
| Douglas Tomson | ||||||||
| Vice President of Government Affairs | 35.0 | 0 | $175,419 | $0 | $30,203 | Yes (X) | ||
| Martha Chanese | ||||||||
| COO | 35.0 | 0 | $229,146 | $0 | $59,140 | Yes (X) | ||
| Mary Pilaar | ||||||||
| Director of Membership Outreach | 35.0 | 0 | $113,204 | $0 | $26,139 | Yes (X) | ||
| Maureen Murphy | ||||||||
| Vice President of Professional Development | 35.0 | 0 | $166,840 | $0 | $30,892 | Yes (X) | ||
| Teresa Tilton | ||||||||
| Director of Professional Services | 35.0 | 0.0 | $111,662 | $0 | $27,868 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,142,626 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $255,728 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PEM Construction & Dev Co Inc | |||||
| 828 South Avenue West | Westfield | NJ | 07090 | CONSTRUCTION SERVICES | $304,003 |
| ZIPLOGIX | |||||
| PO BOX 130 | FRASER | MI | 48026 | TRANSACTION MANAGEMENT | $283,518 |
| GREENBAUM ROWE SMITH DAVIS LLP | |||||
| PO BOX 5600 | WOODBRIDGE | NJ | 07095 | LEGAL SERVICES | $266,532 |
| Goodway Group Inc | |||||
| Lockbox 826955 | Philadelphia | PA | 19182 | DIGITAL MARKETING SERVICES | $140,500 |
| Mosaic | |||||
| 4801 Viewpoint Place | Cheverly | MD | 20781 | PRINTING & MAILING SERVICES | $125,894 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| Total Contributions | $0 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (4 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| DUES | 541900 | $6,003,506 | $6,003,506 | |
| CONVENTION | 611430 | $1,399,350 | $1,399,350 | |
| SERVICE FEES | 541900 | $1,001,647 | $1,001,647 | |
| SUBSCRIPTIONS | 541900 | $292,628 | $163,491 | $129,137 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $8,697,131 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $235,125 | TotalRevenueColumnAmt |
| Exclusion | $235,125 | ExclusionAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
| Personal | $0 | PersonalAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $29,590 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $29,590 | RelatedOrExemptFuncIncomeAmt |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $0 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $29,590 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,961,846 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,597,584 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $129,137 | UnrelatedBusinessRevenueAmt |
| Exclusion | $235,125 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $43,902 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $427,841 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,603,838 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $144,238 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $184,003 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,785 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $298,066 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $20,870 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,719 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $378,953 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $297,759 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $437,123 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $89,782 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,237 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $358,763 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $119,149 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $392,868 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $59,498 | TotalAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| TRIPLE PLAY CONVENTION | $1,472,383 |
| OTHER PROGRAM EXPENSES | $136,105 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,038 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,892,920 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,987,015 | BOYAmt |
| EOY | $2,618,106 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,145,935 | BOYAmt |
| EOY | $16,762,735 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $51,491 | BOYAmt |
| EOY | $504,339 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $98,525 | BOYAmt |
| EOY | $127,460 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,862,465 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,279,840 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,411,934 | BOYAmt |
| EOY | $9,582,625 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $200,000 | BOYAmt |
| EOY | $200,000 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,176 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,980,076 | BOYAmt |
| EOY | $29,795,265 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $905,417 | BOYAmt |
| EOY | $1,541,321 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,759,090 | BOYAmt |
| EOY | $1,869,449 | EOYAmt |
Loans From Officers Directors LoansFromOfficersDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,664,507 | BOYAmt |
| EOY | $3,410,770 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,315,569 | BOYAmt |
| EOY | $26,384,495 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,315,569 | BOYAmt |
| EOY | $26,384,495 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,980,076 | BOYAmt |
| EOY | $29,795,265 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $2,068,926 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | false | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | false | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | false | AgreeCarryoverPriorYearInd |
| Dues Assessments | $6,542,425 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $424,507 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $424,507 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $1,534,496 | AggregateReportedDuesNtcAmt |
| Taxable | -$1,109,989 | TaxableAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part I-A, Line 1 Description of Political Activities | FormAndLineReferenceDesc |
| Explanation | NJR RECEIVED CONTRIBUTIONS IN SUPPORT OF NJCORE. THE FUNDS WERE RECEIVED AND DIRECTLY DELIVERED TO NJCORE, A TAX-EXEMPT SECTION 527 POLITICAL ORGANIZATION. | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $302,900 | OtherCostOrOtherBasisAmt |
| Book Value | $302,900 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,806,430 | OtherCostOrOtherBasisAmt |
| Depreciation | $939,462 | DepreciationAmt |
| Book Value | $8,866,968 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $753,135 | OtherCostOrOtherBasisAmt |
| Depreciation | $340,378 | DepreciationAmt |
| Book Value | $412,757 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $9,582,625 | TotalBookValueLandBuildingsAmt |
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote | FormAndLineReferenceDesc |
| Explanation | THE ASSOCIATION AND ITS SUBSIDIARY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6). INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. CURRENT ACCOUNTING STANDARDS REQUIRE THE ASSOCIATION TO DISCLOSE THE AMOUNT OF POTENTIAL BENEFIT OR OBLIGATION TO BE REALIZED AS A RESULT OF AN EXAMINATION PERFORMED BY A TAXING AUTHORITY. FOR THE YEARS ENDED DECEMBER 31, 2019 AND 2018, MANAGEMENT HAS DETERMINED THAT THE ASSOCIATION DOES NOT HAVE ANY TAX POSITIONS THAT RESULT IN ANY UNCERTAINTIES REGARDING THE POSSIBLE IMPACT ON THE CONSOLIDATED FINANCIAL STATEMENTS. THE ASSOCIATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ASSOCIATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ASSOCIATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES AT DECEMBER 31, 2019. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | REALTORS Relief Foundation | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 430 North Michigan Ave | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 364468109 | RecipientEIN |
| IRC Section | 501(C)(3) | IRCSectionDesc |
| Cash Grant | $25,000 | CashGrantAmt |
| Purpose Of Grant | GENERAL PROGRAM SUPPORT | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. | FormAndLineReferenceDesc |
| Explanation | Grants are made to organizations to support their various exempt activities. Any funds donated for specific projects are monitored on an as needed basis to ensure that funds are used for their intended purpose. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Travel For Companions | Yes (X) | TravelForCompanionsInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (true) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jarrod Grasso | ||||||||||||||
| CEO | $317,676 | $0 | $26,500 | $0 | $2,179 | $0 | $43,600 | $0 | $37,886 | $0 | $427,841 | $0 | $0 | $0 |
| Martha Chanese | ||||||||||||||
| COO | $221,269 | $0 | $7,000 | $0 | $877 | $0 | $32,521 | $0 | $26,620 | $0 | $288,286 | $0 | $0 | $0 |
| Maureen Murphy | ||||||||||||||
| Vice President of Professional Development | $163,200 | $0 | $3,000 | $0 | $640 | $0 | $20,021 | $0 | $10,871 | $0 | $197,732 | $0 | $0 | $0 |
| Douglas Tomson | ||||||||||||||
| Vice President of Government Affairs | $163,105 | $0 | $5,500 | $0 | $6,814 | $0 | $20,309 | $0 | $9,893 | $0 | $205,622 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule J, Part I, Line 1a Travel for companions | THE CEO'S WIFE OCCASIONALLY TRAVELS TO PROVIDE ASSISTANCE TO THE CEO, LEADERSHIP AND MEMBERS AT RELATED CONFERENCES AND MEETINGS. SHE IS NOT COMPENSATED FOR HER TIME. THIS WAS NOT TREATED AS TAXABLE COMPENSATION TO THE CEO. |
| Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan | THE FOLLOWING CONTRIBUTIONS WERE MADE TO A SECTION 457(F) PLAN DURING THE YEAR - JARROD GRASSO - $10,000 MARTHA CHANESE - $5,000 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 6 MEMBERS OR STOCKHOLDERS | PER THE INSTRUCTIONS TO THE FORM 990, A MEMBER, AS REFERRED TO IN PART VI, LINE 6, IS DEFINED AS ANY PERSON WHO HAS THE RIGHT TO: 1. ELECT THE MEMBERS OF THE GOVERNING BODY (BUT NOT IF THE MEMBERS OF THE GOVERNING BODY ARE THE ORGANIZATION'S ONLY MEMBERS) OR THEIR DELEGATES; 2. APPROVE OR DENY SIGNIFICANT DECISIONS OF THE GOVERNING BODY; OR 3. RECEIVE A SHARE OF THE ORGANIZATION'S PROFITS OR EXCESS DUES OR A SHARE OF THE ORGANIZATION'S NET ASSETS UPON THE ORGANIZATION'S DISSOLUTION. NEW JERSEY REALTOR'S MEMBERS DO NOT POSSESS THE KINDS OF RIGHTS OUTLINED ABOVE. AS SUCH, THE ORGANIZATION HAS CHECKED "NO" TO THE RESPECTIVE QUESTIONS IN THE FORM 990, PART VI, LINES 6 THROUGH 7B. |
| Form 990, Part VI, Line 15b Compensation for other officers and key employees | The organization did not have other officers or key employees that were compensated during the tax year, therefore this question has been checked no in accordance with the IRS instructions. |
| Form 990, Part VI, Line 1a Delegate broad authority to a committee | There shall be an Executive Committee consisting of the President, the President- Elect, the First Vice President, the Treasurer, and the Immediate Past President. Additionally, there shall be: (A) One (1) additional Past President selected by the President. (B) One (1) Local Board/Association Executive Officer who shall be appointed by the Association's President. (C) Five (5) Regional Vice Presidents, each selected by their respective Region. The Executive Committee shall conduct the affairs of the Association in accordance with the policy of the Board of Directors and shall have full authority of said Board to act on their behalf between meetings of the Board of Directors and shall meet upon the call of the President, the Board of Directors, or any five of its members upon due notice stating the time and place of meeting. Seven members shall constitute a quorum. |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | THE 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF OPERATIONS OFFICER OF THE ORGANIZATION. IT IS THEN MADE AVAILABLE TO THE ELECTED OFFICERS FOR REVIEW PRIOR TO FILING. |
| Form 990, Part VI, Line 12c Conflict of interest policy | THE ASSOCIATION ELECTS A NEW LEADERSHIP TEAM ON AN ANNUAL BASIS. IN JANUARY AT THE EXECUTIVE COMMITTEE MEETING AND THE BOARD OF DIRECTOR MEETING, THE CONFLICT OF INTEREST POLICY IS REVIEWED AT THE BEGINNING OF EACH MEETING. ANY CONFLICTS ARE ASKED TO BE DISCLOSED AT THAT TIME. THIS SAME PROCEDURE IS FOLLOWED BY ALL COMMITTEES AND THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BEFORE EACH MEETING. MEMBERS WITH A CONFLICT OF INTEREST PERTAINING TO A BUSINESS OR ANY OF ITS PRODUCTS OR SERVICES, MAY NOT PARTICIPATE IN THE DISCUSSION RELATING TO THAT BUSINESS. FURTHERMORE, NO MEMBER WITH A CONFLICT OF INTEREST MAY VOTE ON ANY MATTER IN WHICH THE MEMBER HAS A CONFLICT OF INTEREST. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE PERFORMANCE REVIEW COMMITTEE IS RESPONSIBLE FOR THE CHIEF EXECUTIVE OFFICER'S (CEO) EMPLOYMENT CONTRACT. New Jersey REALTORS retained the services of the National Association of Realtors to perform a compensation review and prepare a report of their findings. THE ASSOCIATION REVIEWED SIMILAR ASSOCIATION'S FORM 990 POSTED ON GUIDESTAR IN THE EVALUATION OF THE CEO'S COMPENSATION. The process was documented and last undertaken in 2019. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ASSOCIATION'S GOVERNING DOCUMENT ARE AVAILABLE THROUGH OUR WEBSITE AND GOOGLE DRIVE. The conflict of interest policy and financial statements are made available to the public upon request. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FERGUSON GARDEN STATE GROWTH ZONE DEVELOPMENT LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 AMERICAN METRO BLVD | AddressLine1Txt |
| City | HAMILTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08619 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 474589991 | EIN |
| Primary Activities | REDEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Total Income | $304,781 | TotalIncomeAmt |
| End Of Year Assets | $9,111,495 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY ASSOCIATION OF REALTORS | BusinessNameLine1Txt |