NEW JERSEY ASSOCIATION OF REALTORS: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
NEW JERSEY ASSOCIATION OF REALTORS (EIN 22-1151210)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-13
IRS object ID
202641339349305819
Schema version
2025v4.1
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

FieldValueIRS element (for citing)
Return2026-05-13T13:44:24-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN223271712PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MERCADIEN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 7648AddressLine1Txt
CityPRINCETONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP085437648ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN221151210EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NEW JERSEY ASSOCIATION OF REALTORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlNEWJBusinessNameControlTxt
Phone6093417117PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 HAMILTON AVENUEAddressLine1Txt
CityTRENTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08611ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDOUGLAS TOMSONPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone6093417100PhoneNum
Signature2026-05-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTYLER M MARCOCCI CPAPreparerPersonNm
PTINP02191297PTIN
Phone6096899700PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1NEW JERSEY REALTORSBusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerDOUGLAS TOMSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 HAMILTON AVENUEAddressLine1Txt
CityTRENTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08611ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$10,687,001GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.NJREALTOR.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1918FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP IN CONCERT WITH LOCAL BOARDS & THE NATIONAL ASSOCIATION.ActivityOrMissionDesc
Voting Members Governing Body43VotingMembersGoverningBodyCnt
Voting Members Independent43VotingMembersIndependentCnt
Total Employee23TotalEmployeeCnt
Total Volunteers359TotalVolunteersCnt
Total Gross UBI$49,219TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$9,119,457PYProgramServiceRevenueAmt
CY Program Service Revenue$9,291,707CYProgramServiceRevenueAmt
PY Investment Income$1,119,571PYInvestmentIncomeAmt
CY Investment Income$1,298,755CYInvestmentIncomeAmt
PY Other Revenue$26,357PYOtherRevenueAmt
CY Other Revenue$87,847CYOtherRevenueAmt
PY Total Revenue$10,265,385PYTotalRevenueAmt
CY Total Revenue$10,678,309CYTotalRevenueAmt
PY Grants And Similar Paid$27,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$52,600CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$3,661,483PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$3,844,651CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,610,816PYOtherExpensesAmt
CY Other Expenses$4,120,142CYOtherExpensesAmt
PY Total Expenses$8,299,799PYTotalExpensesAmt
CY Total Expenses$8,017,393CYTotalExpensesAmt
PY Revenues Less Expenses$1,965,586PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,660,916CYRevenuesLessExpensesAmt
Total Assets BOY$42,844,285TotalAssetsBOYAmt
Total Assets EOY$45,573,295TotalAssetsEOYAmt
Total Liabilities BOY$4,238,644TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,229,481TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$38,605,641NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$41,343,814NetAssetsOrFundBalancesEOYAmt
MissionTO 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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$6,761,977ExpenseAmt
DescTHE 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$6,761,977TotalProgramServiceExpensesAmt
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document103IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee23EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members43GoverningBodyVotingMembersCnt
Independent Voting Member43IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MARTHA CHANESEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6093417100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 HAMILTON AVENUEAddressLine1Txt
CityTRENTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08611ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (51 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
JANET GINSBERG
FIRST VICE PRESIDENT BEGINNING 12/12/20255.00Yes (X)Yes (X)$0$0$0
FELIX GRECO
TREASURER BEGINNING 12/125.00Yes (X)Yes (X)$0$0$0
GLORIA MONKS
IMMEDIATE PAST PRESIDENT5.00Yes (X)Yes (X)$0$0$0
JUDITH MORIARTY
FIRST VICE PRESIDENT UNTIL 12/11, PRESIDENT ELECT5.00Yes (X)Yes (X)$0$0$0
KATHLEEN MORIN
PRESIDENT UNTIL 12/12, IMMEDIATE PAST PRESIDE5.00Yes (X)Yes (X)$0$0$0
JAIRO RODRIGUEZ
TREASURER UNTIL 12/115.00Yes (X)Yes (X)$0$0$0
GLORIA SICILIANO
PRESIDENT ELECT UNTIL 12/11, PRESIDENT BEG. 12/125.00Yes (X)Yes (X)$0$0$0
JAMES ARAKELIAN
MEMBER0.20Yes (X)$0$0$0
CAROLYN BARDACH
MEMBER0.20Yes (X)$0$0$0
DAMON BREADY
MEMBER0.20Yes (X)$0$0$0
LAURA CASTELLA
MEMBER0.20Yes (X)$0$0$0
CHRISTOPHER CERVELLI
MEMBER0.20Yes (X)$0$0$0
BRIAN COLLINI
MEMBER0.20Yes (X)$0$0$0
ALLAN DECHERT
MEMBER0.20Yes (X)$0$0$0
NICOLA ESPOSITO
MEMBER0.20Yes (X)$0$0$0
GARETH FARMER
MEMBER0.20Yes (X)$0$0$0
YESENIA FRIAS
MEMBER0.20Yes (X)$0$0$0
MAUREEN FUSCO
MEMBER0.20Yes (X)$0$0$0
FRANK GLAUSH
MEMBER0.20Yes (X)$0$0$0
PATRICIA GRAY HENDRICKS
MEMBER0.20Yes (X)$0$0$0
JEFFREY JONES
MEMBER0.20Yes (X)$0$0$0
VERNON JONES
MEMBER0.20Yes (X)$0$0$0
TONYA KEYES
MEMBER0.20Yes (X)$0$0$0
TIFFANY KJELLANDER
MEMBER0.20Yes (X)$0$0$0
C JOHN KRUK
MEMBER0.20Yes (X)$0$0$0
SUSAN LARUE
MEMBER0.20Yes (X)$0$0$0
PETER MADDEN
MEMBER0.20Yes (X)$0$0$0
RACHEL MAMMELE
MEMBER0.20Yes (X)$0$0$0
NICK MANIS
MEMBER0.20Yes (X)$0$0$0
KEVIN MCPHEETERS
MEMBER0.20Yes (X)$0$0$0
ROBERT MICHAUD
MEMBER0.20Yes (X)$0$0$0
GEORGEANNA NEWMONES
MEMBER0.20Yes (X)$0$0$0
JEANINE PESCATORE
MEMBER0.20Yes (X)$0$0$0
CHRISTOPHER SAPIENZA
MEMBER0.20Yes (X)$0$0$0
CHRISTIAN SCHLUETER
MEMBER0.20Yes (X)$0$0$0
ANGELA SICOLI
MEMBER0.20Yes (X)$0$0$0
PETER SIDERIS
MEMBER0.20Yes (X)$0$0$0
DIANE TRAVERSO
MEMBER0.20Yes (X)$0$0$0
MICHELLE URGO
MEMBER0.20Yes (X)$0$0$0
PAM VREELAND
MEMBER0.20Yes (X)$0$0$0
KARIN WHITE
MEMBER0.20Yes (X)$0$0$0
ROBERT WHITE
MEMBER0.20Yes (X)$0$0$0
DAVID WYRSCH
MEMBER0.20Yes (X)$0$0$0
JARROD GRASSO
CHIEF EXECUTIVE OFFICER (UNTIL 2/28/25)35.00Yes (X)$122,958$0$113,200
MARTHA CHANESE
CHIEF OPERATING OFFICER35.00Yes (X)$360,808$0$66,260
DOUGLAS TOMSON
CHIEF EXECUTIVE OFFICER (BEG. 2/18/25)35.00Yes (X)$335,853$0$84,008
MAUREEN MURPHY
VICE PRESIDENT OF PROFESSI35.00$206,972$0$41,578Yes (X)
WILLIAM THOMPSON
DIRECTOR OF TECHNOLOGY35.00$185,675$0$39,035Yes (X)
YULIYA TEDESCHI
GENERAL COUNSEL35.00$176,900$0$62,664Yes (X)
COLLEEN OLIVER
DIR. OF PUBLIC RELATIONS & MRKTG35.00$185,866$0$72,062Yes (X)
CATHERINE BEST
DIRECTOR OF GOVERNMENT AFFAIRS35.00$188,137$0$66,372Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,763,169TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$545,179TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K13IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
DUES541900$6,922,689$6,922,689
SERVICE FEES AND ASSESSMENTS541900$1,189,449$1,189,449
CONVENTION INCOME TRIPLE PLAY541900$944,994$944,994
SUBSCRIPTIONS541900$171,256$171,256
ADVERTISING541800$49,219$49,219

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,100TotalRevenueColumnAmt
Related Or Exempt Func Income$14,100RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$9,291,707TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,307,447TotalRevenueColumnAmt
Exclusion$1,307,447ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$8,692OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$8,692OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$8,692TotalRevenueColumnAmt
Exclusion-$8,692ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$87,847TotalRevenueColumnAmt
Related Or Exempt Func Income$87,847RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$87,847OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$10,678,309TotalRevenueColumnAmt
Related Or Exempt Func Income$9,330,335RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$49,219UnrelatedBusinessRevenueAmt
Exclusion$1,298,755ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$52,600TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,083,087TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$6,516TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,846,986TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$218,996TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$470,227TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$218,839TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$171,988TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$36,792TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$176,771TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$432,298TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$54,643TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$165,824TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$168,754TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$378,545TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$399,492TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$400,428TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$90,741TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
FORMS EXPENSE$498,547
SPEAKERS AND WORKSHOP$272,260
NJ REALTORS MAGAZINE$224,291
BANK AND CREDIT CARD FE$204,945

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$443,823TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,017,393TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,428,388BOYAmt
EOY$2,111,578EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$32,717,701BOYAmt
EOY$35,424,401EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$312,236BOYAmt
EOY$211,486EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$317,771BOYAmt
EOY$131,641EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$11,290,263LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,643,535LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$8,061,535BOYAmt
EOY$7,646,728EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,654BOYAmt
EOY$47,461EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$42,844,285BOYAmt
EOY$45,573,295EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$948,492BOYAmt
EOY$755,388EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,195,768BOYAmt
EOY$3,414,204EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$94,384BOYAmt
EOY$59,889EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,238,644BOYAmt
EOY$4,229,481EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$38,605,641BOYAmt
EOY$41,343,814EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$38,605,641BOYAmt
EOY$41,343,814EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$42,844,285BOYAmt
EOY$45,573,295EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,660,916ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$77,257NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewYes (1)AccountantCompileOrReviewInd

Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
FS Audited0FSAuditedInd
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$6,922,689DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$496,661NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$496,661NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$952,037AggregateReportedDuesNtcAmt
Taxable-$455,376TaxableAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I-A, LINE 1 - DESCRIPTION OF POLITICAL ACTIVITIESFormAndLineReferenceDesc
ExplanationA PORTION OF DUES WAS EARMARKED FOR NEW JERSEY COALITION OF REAL ESTATE (NJCORE) AND WERE DESIGNATED AS NON-DEDUCTIBLE. THE FUNDS WERE RECEIVED AND DIRECTLY DELIVERED TO NJCORE, A TAX-EXEMPT SECTION 527 POLITICAL ORGANIZATION.ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$302,900OtherCostOrOtherBasisAmt
Book Value$302,900BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$10,180,839OtherCostOrOtherBasisAmt
Depreciation$2,889,383DepreciationAmt
Book Value$7,291,456BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$806,524OtherCostOrOtherBasisAmt
Depreciation$754,152DepreciationAmt
Book Value$52,372BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$7,646,728TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
LEASE - LIABILITY$44,852
DEFERRED COMPENSATION PLAN OBLIGATION$15,037
FieldValueIRS element (for citing)
Total Liability$59,889TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationU.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1REALTORS RELIEF FOUNDATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1430 N MICHIGAN AVEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60611ZIPCd
FieldValueIRS element (for citing)
Recipient EIN364468109RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$50,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantREBUILD COMMUNITIES AFFECTED BY DISASTERSPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationGRANTS 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

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (8 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
MARTHA CHANESE
CHIEF OPERATING OFFICER$351,308$0$9,500$0$0$0$43,322$0$22,938$0$427,068$0$0$0
DOUGLAS TOMSON
CHIEF EXECUTIVE OFFICER (BEG. 2/18/2$290,185$0$45,668$0$0$0$39,577$0$44,431$0$419,861$0$0$0
COLLEEN OLIVER
DIR. OF PUBLIC RELATIONS & MRKTG$182,866$0$3,000$0$0$0$22,317$0$49,745$0$257,928$0$0$0
CATHERINE BEST
DIRECTOR OF GOVERNMENT AFFAIRS$178,745$0$9,392$0$0$0$21,749$0$44,623$0$254,509$0$0$0
MAUREEN MURPHY
VICE PRESIDENT OF PROFESSI$204,472$0$2,500$0$0$0$24,837$0$16,741$0$248,550$0$0$0
YULIYA TEDESCHI
GENERAL COUNSEL$173,400$0$3,500$0$0$0$12,383$0$50,281$0$239,564$0$0$0
JARROD GRASSO
CHIEF EXECUTIVE OFFICER (UNTIL 2/28/$122,958$0$0$0$0$0$14,758$0$98,442$0$236,158$0$0$0
WILLIAM THOMPSON
DIRECTOR OF TECHNOLOGY$182,675$0$3,000$0$0$0$22,294$0$16,741$0$224,710$0$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 1ATHE 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 COMPENSATION WAS NOT TREATED AS TAXABLE COMPENSATION TO THE CEO.
PART I, LINE 4BTHE ASSOCIATION SPONSORS A NON-QUALIFIED DEFERRED COMPENSATION PLAN UNDER SECTION 457(B) AND 457(F) OF THE INTERNAL REVENUE CODE TO BENEFIT THE CHIEF EXECUTIVE OFFICER AND CHIEF OPERATING OFFICER. ANNUAL DISCRETIONARY CONTRIBUTIONS UP TO $10,000 FOR THE CEO AND $5,000 FOR THE COO ARE PERMITTED EACH PLAN YEAR THE OFFICERS ARE EMPLOYED.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER AND THE CHIEF OPERATING OFFICER OF THE ORGANIZATION. IT IS THEN MADE AVAILABLE TO THE ELECTED OFFICERS FOR REVIEW GOVERNING BODY PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE 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 AND CONFLICTS ARE DISCUSSED 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, SECTION B, LINE 15ATHE PERFORMANCE REVIEW COMMITTEE IS RESPONSIBLE FOR THE PROCESS TO ESTABLISH THE CEO'S COMPENSATION AND EMPLOYMENT CONTRACT. NEW JERSEY REALTORS REVIEWS A COMPENSATION STUDY ON AN ANNUAL BASIS AND BENCHMARKS AGAINST OTHER SIMILAR ORGANIZATIONS USING FORM 990 POSTED ON GUIDESTAR IN THE EVALUATION OF THE CEO'S COMPENSATION. THE NATIONAL ASSOCIATION OF REALTORS PERFORMED A COMPENSATION STUDY OF EMPLOYEES IN 2019.
FORM 990, PART VI, SECTION C, LINE 19THE ASSOCIATION'S GOVERNING DOCUMENT ARE AVAILABLE THROUGH ITS WEBSITE. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2CTHE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1FERGUSON GARDEN STATE GROWTH ZONE DEVELOPMENT LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line110 HAMILTON AVENUEAddressLine1Txt
CityTRENTONCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08611ZIPCd
FieldValueIRS element (for citing)
EIN474589991EIN
Primary ActivitiesREAL ESTATE REDEVELOPMENTPrimaryActivitiesTxt
Legal Domicile StateNJLegalDomicileStateCd
Total Income$304,500TotalIncomeAmt
End Of Year Assets$8,166,133EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1NEW JERSEY ASSOCIATION OF REALTORSBusinessNameLine1Txt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE DFormAndLineReferenceDesc
ExplanationNEW JERSEY ASSOCIATION OF REALTORS AND FERGUSON GARDEN STATE GROWTH ZONE ARE CONSOLIDATED FOR FINANCIAL STATEMENT PURPOSES. INCOME OF $304,500 RELATED TO RENTAL INCOME FOR FERGUSON GARDEN STATE GROWTH ZONE IS ELIMINATED WITH OFFSETTING RENTAL EXPENSE FOR NEW JERSEY ASSOCIATION OF REALTORS.ExplanationTxt

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