2026-05-13T13:44:24-05:00 2025-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2025-01-01 221151210 NEW JERSEY ASSOCIATION OF REALTORS NEWJ 6093417117 10 HAMILTON AVENUE TRENTON NJ 08611 DOUGLAS TOMSON CHIEF EXECUTIVE OFFICER 6093417100 2026-05-13 1 TYLER M MARCOCCI CPA P02191297 6096899700 2025 2025-03-06 01:10:19Z NEW JERSEY REALTORS DOUGLAS TOMSON 10 HAMILTON AVENUE TRENTON NJ 08611 10687001 0 X WWW.NJREALTOR.COM X 1918 NJ TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP IN CONCERT WITH LOCAL BOARDS & THE NATIONAL ASSOCIATION. 43 43 23 359 49219 0 0 0 9119457 9291707 1119571 1298755 26357 87847 10265385 10678309 27500 52600 0 0 3661483 3844651 0 0 0 4610816 4120142 8299799 8017393 1965586 2660916 42844285 45573295 4238644 4229481 38605641 41343814 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. 0 0 6761977 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. 6761977 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 103 0 23 1 1 1 0 0 0 0 0 0 0 X 43 43 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X MARTHA CHANESE 6093417100 10 HAMILTON AVENUE TRENTON NJ 08611 JANET GINSBERG FIRST VICE PRESIDENT BEGINNING 12/12/2025 5.00 X X 0 0 0 FELIX GRECO TREASURER BEGINNING 12/12 5.00 X X 0 0 0 GLORIA MONKS IMMEDIATE PAST PRESIDENT 5.00 X X 0 0 0 JUDITH MORIARTY FIRST VICE PRESIDENT UNTIL 12/11, PRESIDENT ELECT 5.00 X X 0 0 0 KATHLEEN MORIN PRESIDENT UNTIL 12/12, IMMEDIATE PAST PRESIDE 5.00 X X 0 0 0 JAIRO RODRIGUEZ TREASURER UNTIL 12/11 5.00 X X 0 0 0 GLORIA SICILIANO PRESIDENT ELECT UNTIL 12/11, PRESIDENT BEG. 12/12 5.00 X X 0 0 0 JAMES ARAKELIAN MEMBER 0.20 X 0 0 0 CAROLYN BARDACH MEMBER 0.20 X 0 0 0 DAMON BREADY MEMBER 0.20 X 0 0 0 LAURA CASTELLA MEMBER 0.20 X 0 0 0 CHRISTOPHER CERVELLI MEMBER 0.20 X 0 0 0 BRIAN COLLINI MEMBER 0.20 X 0 0 0 ALLAN DECHERT MEMBER 0.20 X 0 0 0 NICOLA ESPOSITO MEMBER 0.20 X 0 0 0 GARETH FARMER MEMBER 0.20 X 0 0 0 YESENIA FRIAS MEMBER 0.20 X 0 0 0 MAUREEN FUSCO MEMBER 0.20 X 0 0 0 FRANK GLAUSH MEMBER 0.20 X 0 0 0 PATRICIA GRAY HENDRICKS MEMBER 0.20 X 0 0 0 JEFFREY JONES MEMBER 0.20 X 0 0 0 VERNON JONES MEMBER 0.20 X 0 0 0 TONYA KEYES MEMBER 0.20 X 0 0 0 TIFFANY KJELLANDER MEMBER 0.20 X 0 0 0 C JOHN KRUK MEMBER 0.20 X 0 0 0 SUSAN LARUE MEMBER 0.20 X 0 0 0 PETER MADDEN MEMBER 0.20 X 0 0 0 RACHEL MAMMELE MEMBER 0.20 X 0 0 0 NICK MANIS MEMBER 0.20 X 0 0 0 KEVIN MCPHEETERS MEMBER 0.20 X 0 0 0 ROBERT MICHAUD MEMBER 0.20 X 0 0 0 GEORGEANNA NEWMONES MEMBER 0.20 X 0 0 0 JEANINE PESCATORE MEMBER 0.20 X 0 0 0 CHRISTOPHER SAPIENZA MEMBER 0.20 X 0 0 0 CHRISTIAN SCHLUETER MEMBER 0.20 X 0 0 0 ANGELA SICOLI MEMBER 0.20 X 0 0 0 PETER SIDERIS MEMBER 0.20 X 0 0 0 DIANE TRAVERSO MEMBER 0.20 X 0 0 0 MICHELLE URGO MEMBER 0.20 X 0 0 0 PAM VREELAND MEMBER 0.20 X 0 0 0 KARIN WHITE MEMBER 0.20 X 0 0 0 ROBERT WHITE MEMBER 0.20 X 0 0 0 DAVID WYRSCH MEMBER 0.20 X 0 0 0 JARROD GRASSO CHIEF EXECUTIVE OFFICER (UNTIL 2/28/25) 35.00 X 122958 0 113200 MARTHA CHANESE CHIEF OPERATING OFFICER 35.00 X 360808 0 66260 DOUGLAS TOMSON CHIEF EXECUTIVE OFFICER (BEG. 2/18/25) 35.00 X 335853 0 84008 MAUREEN MURPHY VICE PRESIDENT OF PROFESSI 35.00 X 206972 0 41578 WILLIAM THOMPSON DIRECTOR OF TECHNOLOGY 35.00 X 185675 0 39035 YULIYA TEDESCHI GENERAL COUNSEL 35.00 X 176900 0 62664 COLLEEN OLIVER DIR. OF PUBLIC RELATIONS & MRKTG 35.00 X 185866 0 72062 CATHERINE BEST DIRECTOR OF GOVERNMENT AFFAIRS 35.00 X 188137 0 66372 1763169 0 545179 13 0 1 0 0 DUES 541900 6922689 6922689 SERVICE FEES AND ASSESSMENTS 541900 1189449 1189449 CONVENTION INCOME TRIPLE PLAY 541900 944994 944994 SUBSCRIPTIONS 541900 171256 171256 ADVERTISING 541800 49219 49219 14100 14100 9291707 1307447 1307447 8692 -8692 -8692 -8692 MISCELLANEOUS INCOME 900099 87847 87847 87847 10678309 9330335 49219 1298755 52600 1083087 6516 1846986 218996 470227 218839 171988 36792 176771 432298 54643 165824 168754 378545 399492 400428 90741 FORMS EXPENSE 498547 SPEAKERS AND WORKSHOP 272260 NJ REALTORS MAGAZINE 224291 BANK AND CREDIT CARD FE 204945 443823 8017393 1428388 2111578 32717701 35424401 312236 211486 317771 131641 11290263 3643535 8061535 7646728 6654 47461 42844285 45573295 948492 755388 3195768 3414204 94384 59889 4238644 4229481 X 38605641 41343814 38605641 41343814 42844285 45573295 2660916 77257 0 X X 1 X 0 0 0 0 0 0 6922689 496661 496661 952037 -455376 PART I-A, LINE 1 - DESCRIPTION OF POLITICAL ACTIVITIES A 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. 302900 302900 10180839 2889383 7291456 806524 754152 52372 7646728 LEASE - LIABILITY 44852 DEFERRED COMPENSATION PLAN OBLIGATION 15037 59889 X PART X, LINE 2: U.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. 1 REALTORS RELIEF FOUNDATION 430 N MICHIGAN AVE CHICAGO IL 60611 364468109 501(C)(3) 50000 0 REBUILD COMMUNITIES AFFECTED BY DISASTERS 1 0 PART I, LINE 2: 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. X 1 1 X X X X X 0 1 0 MARTHA CHANESE CHIEF OPERATING OFFICER 351308 0 9500 0 0 0 43322 0 22938 0 427068 0 0 0 DOUGLAS TOMSON CHIEF EXECUTIVE OFFICER (BEG. 2/18/2 290185 0 45668 0 0 0 39577 0 44431 0 419861 0 0 0 COLLEEN OLIVER DIR. OF PUBLIC RELATIONS & MRKTG 182866 0 3000 0 0 0 22317 0 49745 0 257928 0 0 0 CATHERINE BEST DIRECTOR OF GOVERNMENT AFFAIRS 178745 0 9392 0 0 0 21749 0 44623 0 254509 0 0 0 MAUREEN MURPHY VICE PRESIDENT OF PROFESSI 204472 0 2500 0 0 0 24837 0 16741 0 248550 0 0 0 YULIYA TEDESCHI GENERAL COUNSEL 173400 0 3500 0 0 0 12383 0 50281 0 239564 0 0 0 JARROD GRASSO CHIEF EXECUTIVE OFFICER (UNTIL 2/28/ 122958 0 0 0 0 0 14758 0 98442 0 236158 0 0 0 WILLIAM THOMPSON DIRECTOR OF TECHNOLOGY 182675 0 3000 0 0 0 22294 0 16741 0 224710 0 0 0 PART I, LINE 1A 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 COMPENSATION WAS NOT TREATED AS TAXABLE COMPENSATION TO THE CEO. PART I, LINE 4B THE 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. FORM 990, PART VI, SECTION B, LINE 11B THE 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 12C 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 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 15A THE 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 19 THE 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 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FERGUSON GARDEN STATE GROWTH ZONE DEVELOPMENT LLC 10 HAMILTON AVENUE TRENTON NJ 08611 474589991 REAL ESTATE REDEVELOPMENT NJ 304500 8166133 NEW JERSEY ASSOCIATION OF REALTORS PART I, LINE D NEW 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.