NEW JERSEY ASSOCIATION OF REALTORS: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- NEW JERSEY ASSOCIATION OF REALTORS (EIN 22-1151210)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-05
- IRS object ID
- 202531259349301663
- Schema version
- 2024v5.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-05-05T10:43:42-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 223271712 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERCADIEN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7648 | AddressLine1Txt |
| City | PRINCETON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 085437648 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | 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 | 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 |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DOUGLAS TOMSON | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 6093417100 | PhoneNum |
| Signature | 2025-05-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | TYLER M MARCOCCI CPA | PreparerPersonNm |
| PTIN | P02191297 | PTIN |
| Phone | 6096899700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY REALTORS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DOUGLAS TOMSON | PrincipalOfficerNm |
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 | $10,289,150 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | 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 | 41 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 41 | VotingMembersIndependentCnt |
| Total Employee | 25 | TotalEmployeeCnt |
| Total Volunteers | 303 | TotalVolunteersCnt |
| Total Gross UBI | $103,992 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,500 | PYContributionsGrantsAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $9,753,382 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $9,119,457 | CYProgramServiceRevenueAmt |
| PY Investment Income | $733,171 | PYInvestmentIncomeAmt |
| CY Investment Income | $1,119,571 | CYInvestmentIncomeAmt |
| PY Other Revenue | $22,824 | PYOtherRevenueAmt |
| CY Other Revenue | $26,357 | CYOtherRevenueAmt |
| PY Total Revenue | $10,529,877 | PYTotalRevenueAmt |
| CY Total Revenue | $10,265,385 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $34,950 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $27,500 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,384,954 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,661,483 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $4,557,882 | PYOtherExpensesAmt |
| CY Other Expenses | $4,610,816 | CYOtherExpensesAmt |
| PY Total Expenses | $7,977,786 | PYTotalExpensesAmt |
| CY Total Expenses | $8,299,799 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $2,552,091 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,965,586 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,068,985 | TotalAssetsBOYAmt |
| Total Assets EOY | $42,844,285 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $3,756,738 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,238,644 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $36,312,247 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $38,605,641 | 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 | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | 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 |
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 98 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 25 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 41 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 41 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARTHA CHANESE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 |
Form990 Part VII Section A Form990PartVIISectionAGrp (54 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| NICK MANIS | |||||||
| IMMEDIATE PAST PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GLORIA MONKS | |||||||
| PRESIDENT UNTIL 12/12, IMMEDIATE PAST PRESIDENT | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JUDITH MORIARTY | |||||||
| MEMBER/FIRST VICE PRESIDENT STARTING 12/13 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| KATHLEEN MORIN | |||||||
| PRESIDENT-ELECT UNTIL 12/12, PRESIDENT BEG. 12/13 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| JAIRO RODRIGUEZ | |||||||
| TREASURER | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| GLORIA SICILIANO | |||||||
| PRESIDENT-ELECT STARTING 12/13 | 5.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| VALERIE ARCH BELARDO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| NEHEMIAS BORRERO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| CORINNA BURKE | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| LAURA CASTELLA | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| CHRISTOPHER COCCIA | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| BRIAN COLLINI | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| LISA COMITO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MARY DAVIS | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| ALLAN DECHERT | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY DELUCIA | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| NICOLA ESPOSITO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| YESENIA FRIAS | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MAUREEN FUSCO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JANET GINSBERG | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| FRANK GLAUSH | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| KEREN GONEN | |||||||
| MEMBER UNTIL 08/13 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| PATRICIA GRAY HENDRICKS | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| FELIX GRECO | |||||||
| MEMBER UNTIL 03/05 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| WILLIAM HANLEY | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JAMES JOERIMAN | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JEFFREY JONES | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| TIFFANY KJELLANDER | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| C JOHN KRUK | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN LARUE | |||||||
| MEMBER UNTIL 12/12 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| PETER MADDEN | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| RACHEL MAMMELE | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MARIA MARINELLI | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| GEORGEANNA NEWMONES | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MARY NUZIALE | |||||||
| MEMBER UNTIL 04/08 | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MICHAEL PENNISI | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JEANINE PESCATORE | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| MARK QUARTELLO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| BRENDA RICHMOND | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| HEATHER ROBILLARD | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| ANGELA SICOLI | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| PETER SIDERIS | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| DIANE TRAVERSO | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| GIOVANNA VANVALKENBURG | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| ALIDA VASQUEZ | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT WHITE | |||||||
| MEMBER UNTIL 05/14, PAST PRESIDENT | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| DAVID WYRSCH | |||||||
| MEMBER | 0.20 | Yes (X) | $0 | $0 | $0 | ||
| JARROD GRASSO | |||||||
| CHIEF EXECUTIVE OFFICER | 35.00 | Yes (X) | $479,586 | $0 | $100,758 | ||
| MARTHA CHANESE | |||||||
| CHIEF OPERATING OFFICER | 35.00 | Yes (X) | $298,196 | $0 | $54,468 | ||
| MAUREEN MURPHY | |||||||
| VICE PRESIDENT OF PROFESSI | 35.00 | $199,608 | $0 | $38,241 | Yes (X) | ||
| WILLIAM THOMPSON | |||||||
| DIRECTOR OF TECHNOLOGY | 35.00 | $177,828 | $0 | $34,043 | Yes (X) | ||
| YULIYA TEDESCHI | |||||||
| GENERAL COUNSEL | 35.00 | $156,500 | $0 | $26,632 | Yes (X) | ||
| COLLEEN OLIVER | |||||||
| DIR. OF PUBLIC RELATIONS & MRKTG | 35.00 | $152,361 | $0 | $35,114 | Yes (X) | ||
| DOUGLAS TOMSON | |||||||
| VICE PRESIDENT OF GOVERNME | 35.00 | $143,820 | $0 | $29,267 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,607,899 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $318,523 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 12 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| GREENBAUM ROWE SMITH AND DAVIS LLP | |||||
| PO BOX 5600 | WOODBRIDGE | NJ | 07095 | LEGAL SERVICES | $217,093 |
| ALOUPIS | |||||
| 1017 RIVERVIEW DR | BRIELLE | NJ | 08730 | BUILDING IMPROVEMENTS | $202,435 |
| K & L GATES LLP | |||||
| PO BOX 830804 | PHILADELPHIA | PA | 19182 | LEGAL SERVICES | $103,813 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt |
|---|---|---|---|---|
| DUES | 541900 | $6,630,857 | $6,630,857 | |
| CONVENTION INCOME TRIPLE PLAY | 541900 | $1,104,828 | $1,104,828 | |
| SERVICE FEES AND ASSESSMENTS | 541900 | $1,086,024 | $1,086,024 | |
| SUBSCRIPTIONS | 541900 | $177,531 | $177,531 | |
| ADVERTISING | 541800 | $103,992 | $103,992 |
Total Oth Program Service Rev TotalOthProgramServiceRevGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $16,225 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $16,225 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $9,119,457 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,124,736 | TotalRevenueColumnAmt |
| Exclusion | $1,124,736 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $18,600 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | $23,765 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other | -$5,165 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$5,165 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$5,165 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $26,357 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $26,357 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $26,357 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $10,265,385 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,036,657 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $103,992 | UnrelatedBusinessRevenueAmt |
| Exclusion | $1,124,736 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,500 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $933,010 | TotalAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,149 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,003,691 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $212,477 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $272,234 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $232,922 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,065 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,840 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $213,930 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $416,101 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $100,735 | TotalAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $131,795 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $175,576 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $424,734 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $568,302 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $390,486 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $98,802 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| FORMS EXPENSE | $511,066 |
| NJ REALTORS MAGAZINE | $327,896 |
| SPEAKERS AND WORKSHOP | $293,565 |
| BANK AND CREDIT CARD FE | $173,774 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $397,149 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,299,799 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,542,690 | BOYAmt |
| EOY | $1,428,388 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,879,284 | BOYAmt |
| EOY | $32,717,701 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,529 | BOYAmt |
| EOY | $312,236 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $221,241 | BOYAmt |
| EOY | $317,771 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,367,958 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,306,423 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,144,293 | BOYAmt |
| EOY | $8,061,535 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,948 | BOYAmt |
| EOY | $6,654 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,068,985 | BOYAmt |
| EOY | $42,844,285 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $941,858 | BOYAmt |
| EOY | $948,492 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,729,253 | BOYAmt |
| EOY | $3,195,768 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $85,627 | BOYAmt |
| EOY | $94,384 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,756,738 | BOYAmt |
| EOY | $4,238,644 | 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 | $36,312,247 | BOYAmt |
| EOY | $38,605,641 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $36,312,247 | BOYAmt |
| EOY | $38,605,641 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,068,985 | BOYAmt |
| EOY | $42,844,285 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,965,586 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $327,808 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 0 | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | 0 | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
| Dues Assessments | $6,630,857 | DuesAssessmentsAmt |
| Non Deductible Lbbyng Pltcl CY | $504,069 | NonDeductibleLbbyngPltclCYAmt |
| Non Deductible Lbbyng Pltcl Tot | $504,069 | NonDeductibleLbbyngPltclTotAmt |
| Aggregate Reported Dues Ntc | $1,796,761 | AggregateReportedDuesNtcAmt |
| Taxable | -$1,292,692 | TaxableAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1 - DESCRIPTION OF POLITICAL ACTIVITIES | FormAndLineReferenceDesc |
| Explanation | 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. | 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 | $10,177,118 | OtherCostOrOtherBasisAmt |
| Depreciation | $2,553,476 | DepreciationAmt |
| Book Value | $7,623,642 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $887,940 | OtherCostOrOtherBasisAmt |
| Depreciation | $752,947 | DepreciationAmt |
| Book Value | $134,993 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $8,061,535 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)
| DescDesc | AmtAmt |
|---|---|
| LEASE - LIABILITY | $6,885 |
| DEFERRED COMPENSATION PLAN OBLIGATION | $87,499 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $94,384 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $10,593,193 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $327,808 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $327,808 | RevenueNotReportedAmt |
| Revenue Subtotal | $10,265,385 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $10,265,385 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $8,299,799 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $8,299,799 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $8,299,799 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | 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 N 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 |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | REBUILD COMMUNITIES AFFECTED BY DISASTERS | 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 | PART I, LINE 2: | 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 (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 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 | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $381,475 | $0 | $98,111 | $0 | $0 | $0 | $41,400 | $0 | $59,358 | $0 | $580,344 | $0 | $0 | $0 |
| MARTHA CHANESE | ||||||||||||||
| CHIEF OPERATING OFFICER | $288,696 | $0 | $9,500 | $0 | $0 | $0 | $35,808 | $0 | $18,660 | $0 | $352,664 | $0 | $0 | $0 |
| MAUREEN MURPHY | ||||||||||||||
| VICE PRESIDENT OF PROFESSI | $196,608 | $0 | $3,000 | $0 | $0 | $0 | $23,953 | $0 | $14,288 | $0 | $237,849 | $0 | $0 | $0 |
| WILLIAM THOMPSON | ||||||||||||||
| DIRECTOR OF TECHNOLOGY | $174,828 | $0 | $3,000 | $0 | $0 | $0 | $19,755 | $0 | $14,288 | $0 | $211,871 | $0 | $0 | $0 |
| COLLEEN OLIVER | ||||||||||||||
| DIR. OF PUBLIC RELATIONS & MRKTG | $148,861 | $0 | $3,500 | $0 | $0 | $0 | $18,296 | $0 | $16,818 | $0 | $187,475 | $0 | $0 | $0 |
| YULIYA TEDESCHI | ||||||||||||||
| GENERAL COUNSEL | $152,500 | $0 | $4,000 | $0 | $0 | $0 | $10,955 | $0 | $15,677 | $0 | $183,132 | $0 | $0 | $0 |
| DOUGLAS TOMSON | ||||||||||||||
| VICE PRESIDENT OF GOVERNME | $139,964 | $0 | $3,856 | $0 | $0 | $0 | $16,831 | $0 | $12,436 | $0 | $173,087 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | 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 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 POLICY 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. |
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 | REAL ESTATE REDEVELOPMENT | PrimaryActivitiesTxt |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Total Income | $304,500 | TotalIncomeAmt |
| End Of Year Assets | $8,339,514 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NEW JERSEY ASSOCIATION OF REALTORS | BusinessNameLine1Txt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE D | FormAndLineReferenceDesc |
| Explanation | 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. | ExplanationTxt |