2018-05-14T11:15:18-05:00 2017-12-31 131610809 FRIEDMAN LLP 100 EAGLE ROCK AVENUE STE 200 EAST HANOVER NJ 07936 990 2017-01-01 221151210 NEW JERSEY ASSOCIATION OF REALTORS NEWJ 7324945616 10 HAMILTON AVENUE TRENTON NJ 08611 JARROD GRASSO CHIEF EXECUTIVE OFFICER 7324945616 2018-05-09 1 SCOTT R KRIEGER P00358640 9739293500 2017 2022-09-23 18:48:47Z NEW JERSEY REALTORS 10 HAMILTON AVENUE TRENTON NJ 08611 7549839 0 X WWW.NJREALTOR.COM X 1918 NJ TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP IN CONCERT WITH LOCAL BOARDS & THE NATIONAL ASSOCIATION. 168 168 23 200 112146 0 0 0 7058126 7473292 35687 76547 0 0 7093813 7549839 12718 40157 0 0 2461453 2538057 0 0 0 3439094 3852948 5913265 6431162 1180548 1118677 23551344 25122346 2222322 2674647 21329022 22447699 TO UNITE LOCAL BOARDS & ASSOCIATIONS OF REALTORS IN THE STATE OF NJ FOR THE PURPOSE OF EXERTING EFFECTIVELY A COMBINED INFLUENCE UPON MATTERS AFFTECTING REAL ESTATE, & TO ELEVATE THE STANDARDS OF THE REAL ESTATE BUSINESS THROUGHOUT THE STATE. 0 0 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. 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 76 0 23 1 1 1 0 0 0 0 0 X 168 168 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X NJ ASSOCIATION OF REALTORS 6093417117 10 HAMILTON AVENUE TRENTON NJ 08611 TG GLAZER IMMEDIATE PAST PRESIDENT 5.00 X X 0 0 0 ROBERT OPPENHEIMER PRESIDENT 5.00 X X 0 0 0 CHRISTIAN J SCHLUETER PRESIDENT- ELECT 5.00 X X 0 0 0 JEFFREY A JONES TREASURER 5.00 X X 0 0 0 IRENE HOROWITZ FIRST VICE PRESIDENT 5.00 X X 0 0 0 JARROD GRASSO CHIEF EXECUTIVE OFFICER 35.00 X 299912 0 66865 MAUREEN MURPHY DIR. OF PROFESSIONAL DEVEL 35.00 X 141786 0 25612 MARTHA CHANESE CHIEF OPERATIONS OFFICER 35.00 X 197993 0 46309 TERESA TILTON DIR. OF MEMBER SERVICES 35.00 X 106039 0 23569 DOUGLAS TOMSON DIR. OF GOVERNMENT AFFAIRS 35.00 X 148718 0 33863 JOHN SHEHATA DIR. OF TECHNOLOGY 35.00 X 105339 0 22992 999787 0 219210 6 0 1 0 ZIPLOGIX 18070 15 MILE ROAD FRASER MI 48026 TRANSACTION MANAGEMENT 243444 BARR & BARR INC 460 WEST 34TH STREET 10TH FLOOR NEW YORK NY 10001 CONSTRUCTION MANAGEMENT 150016 GREENBAUM ROWE & SMITH 75 LIVINGSTON AVENUE 301 ROSELAND NJ 07068 LEGAL SERVICES 147136 3 DUES 541900 5316305 5316305 CONVENTION 611430 1357079 1357079 SERVICE FEES 541900 436794 436794 SUBSCRIPTIONS 541900 261368 149222 112146 MISCELLANEOUS 900099 93309 93309 8437 8437 7473292 76547 76547 7549839 7361146 112146 76547 40157 299912 1609891 237426 239605 151223 66708 59023 143160 134570 297444 213179 322397 166357 415806 92709 347083 50686 TRIPLE PLAY CONVENTION 1132761 OTHER PROGRAM EXPENSES 252320 CREDIT CARD FEES 109975 TELEPHONE 33933 14837 6431162 1682584 1862930 10469634 11855489 85104 137629 1141 143413 118498 10210506 544706 9981468 9665800 1188000 1482000 23551344 25122346 754761 730140 1467561 1810657 133850 2222322 2674647 X 21329022 22447699 21329022 22447699 23551344 25122346 1118677 0 X X 1 X 0 1 0 0 0 0 5316305 422227 422227 452830 -30603 0 1 X 302900 302900 9414279 410910 9003369 493327 133796 359531 9665800 INVESTMENTS IN CERTIFICATES OF DEPOSIT 1482000 C 1482000 PART IV, LINE 2B: PURSUANT TO THE NATIONAL ASSOCIATION OF REALTORS CODE OF ETHICS AND ARBITRATION MANUAL, SECTION 53 (F) : THE AWARD. "IF AN AWARD HAS BEEN RENDERED, THE NON-PREVAILING PARTY MUST, WITHIN TEN (10) DAYS FOLLOWING TRANSMITTAL OF THE AWARD, EITHER (1) PAY THE AWARD TO THE PARTY(IES) NAMED IN THE AWARD OR (2) DEPOSIT THE FUNDS WITH THE PROFESSIONAL STANDARDS ADMINISTRATOR TO BE HELD IN AN ESCROW OR TRUST ACCOUNT MAINTAINED FOR THIS PURPOSE. FAILURE TO SATISFY THE AWARD OR TO DEPOSIT THE FUNDS IN THE ESCROW ACCOUNT OR TRUST ACCOUNT WITHIN THIS TIME PERIOD MAY SUBJECT THE MEMBER TO DISCIPLINARY ACTION AT THE DISCRETION OF THE BOARD OF DIRECTORS. AS A MEMBER SERVICE TO OUR LOCAL BOARDS, THE NEW JERSEY REALTORS SET UP ONE ESCROW ACCOUNT FOR USE BY THE BOARDS BUT MANAGED BY THE NEW JERSEY REALTORS. 1 BOYS & GIRLS CLUB IN NEW JERSEY INC 822 CLIFTON AVENUE CLIFTON NJ 07013 270185288 501(C)(3) 5000 GENERAL REALTORS RELIEF FOUNDATION 430 NORTH MICHIGAN AVE CHICAGO IL 60611 364468109 501(C)(3) 25000 GENERAL X X 1 1 X X X X X 0 1 0 JARROD GRASSO CHIEF EXECUTIVE OFFICER 299912 0 0 0 0 0 32400 0 34465 0 366777 0 0 0 MAUREEN MURPHY DIR. OF PROFESSIONAL DEVEL 141786 0 0 0 0 0 17014 0 8598 0 167398 0 0 0 MARTHA CHANESE CHIEF OPERATIONS OFFICER 197993 0 0 0 0 0 23759 0 22550 0 244302 0 0 0 DOUGLAS TOMSON DIR. OF GOVERNMENT AFFAIRS 148718 0 0 0 0 0 17088 0 16775 0 182581 0 0 0 PART I, LINE 1A THE CEO'S WIFE OCCASSIONALLY TRAVELS TO PROVIDE ASSISTANCE TO THE CEO, LEADERSHIP AND MEMBERS AT RELATED CONFERENCES AND MEETINGS. SHE IS NOT COMPENSATED FOR HER TIME. CLUB DUES OF $14,051 ARE PAID TO THE EAGLE OAKS COUNTRY CLUB FOR THE CEO AS A MEANS OF ASSURING THAT NJAR'S MEMBERS REMAIN AN INTEGRAL PART OF THE NJ PROFESSIONAL REALTORS COMMUNITY, BY HOSTING REALTOR MEMBER FUNCTIONS AND FOSTERING RELATIONSHIPS WITHIN THE INDUSTRY. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 7A THE ASSOCIATION MEMBERS HOLD AN ANNUAL ELECTION TO ELECT THE LEADERSHIP TEAM. 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 AND IS THEN MADE AVAILABLE TO THE LEADERSHIP TEAM OF OFFICERS WHO REVIEW AT THEIR DISCRETION. 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. ALL COMMITTEES REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 THE PERFORMANCE REVIEW COMMITTEE IS RESPONSIBLE FOR THE CHIEF EXECUTIVE OFFICER'S (CEO) EMPLOYMENT CONTRACT. THE ASSOCIATION PURCHASES THE ASSOCIATION TRENDS COMPENSATION REPORT TO USE IN THE EVALUATION OF THE CEO'S COMPENSATION AND ALSO REVIEW SIMILAR ASSOCIATION'S FORM 990 POSTED ON GUIDESTAR. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS ARE AVAILABLE THROUGH GOOGLE DRIVE. FORM 990, PART XII, LINE 2C: THIS PROCESS REMAINS UNCHANGED FROM THE PRIOR YEAR. FERGUSON GARDEN STATE GROWTH ZONE DEVELOPMENT LLC 200 AMERCIAN METRO BLVD HAMILTON NJ 08619 474589991 REDEVELOPMENT NJ 304500 9450468 NEW JERSEY ASSOCIATION OF REALTORS NJAR HOUSING OPPORTUNITY FOUNDATION 10 HAMILTON AVENUE TRENTON NJ 08611 810636974 PROMOTE INDIVIDUAL HOME OWNERSHIP THROUGH EDUCATION & SUPPORT SERVICES NJ 501(C)(3) 509(A)(2) 0 REALTORS POLITICAL ACTION COMMITTEE 10 HAMILTON AVENUE TRENTON NJ 08611 236234937 SOLICIT VOLUNTARY CONTRIBUTIONS FOR SUPPORT OF CANDIDATES FOR PUBLIC OFFICE NJ 527 0 NJAR EDUCATIONAL FOUNDATION 10 HAMILTON AVENUE TRENTON NJ 08611 237063186 PROMOTION AND KNOWLEDGE IN R/E THROUGH EDUCATIONAL ASSISTANCE FOR STUDENTS NJ 501(C)(3) 509(A)(2) 0 NEW JERSEY COALITION FOR REAL ESTATE 10 HAMILTON AVENUE TRENTON NJ 08611 465735375 PROMOTE JOB GROWTH WITHIN THE REAL ESTATE INDUSTRY AND STRENGTHEN ECONOMICS NJ 527 0 NEW JERSEY REALTORS ISSUES MOBILIZATION FUND 10 HAMILTON AVENUE TRENTON NJ 08611 475504196 EDUCATE COMMUNITY ABOUT REAL ESTATE ISSUES NJ 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 NJAR HOUSING OPPORTUNITY FOUNDATION INC L 15000 REALTORS POLITICAL ACTION COMMITTEE L 35000 NEW JERSEY REALTORS ISSUES MOBILIZATION FUND L 65000 NJAR EDUCATIONAL FOUNDATION L 10000 NEW JERSEY COALITION FOR REAL ESTATE L 30000