2017-05-11T10:20:51-05:00 2016-12-31 131610809 FRIEDMAN LLP 100 EAGLE ROCK AVENUE STE 200 EAST HANOVER NJ 07936 990 2016-01-01 221151210 NEW JERSEY ASSOCIATION OF REALTORS NEWJ 7324945616 10 HAMILTON AVENUE TRENTON NJ 08611 JARROD GRASSO CHIEF EXECUTIVE OFFICER 7324945616 2017-05-11 1 SCOTT R KRIEGER P00358640 9739293500 216.255.121.30 2017-05-11 11:21:09 ED P 4800D0E18C98BB0B2130B80DB30A0292D9743BFF A021D805E30473F6CF9A39DAAF1F08010A82A254 2016 2021-01-29 14:40:06Z NEW JERSEY REALTORS 10 HAMILTON AVENUE TRENTON NJ 08611 7093813 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 21 180 136288 0 0 0 6405914 7058126 36694 35687 0 0 6442608 7093813 9882 12718 0 0 2342232 2461453 0 0 0 3373542 3439094 5725656 5913265 716952 1180548 22585175 23551344 2436701 2222322 20148474 21329022 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 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 0 1 62 0 21 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 PRESIDENT 5.00 X X 0 0 0 ROBERT OPPENHEIMER PRESIDENT- ELECT 5.00 X X 0 0 0 CHRISTIAN J SCHLUETER FIRST VICE PRESIDENT 5.00 X X 0 0 0 JEFFREY A JONES TREASURER 5.00 X X 0 0 0 EUGENIA K BONILLA IMMEDIATE PAST PRESIDENT 5.00 X X 0 0 0 JARROD GRASSO CHIEF EXECUTIVE OFFICER 35.00 X 287063 0 59897 MAUREEN MURPHY DIR. OF PROFESSIONAL DEVEL 35.00 X 137395 0 24044 MARTHA CHANESE CHIEF OPERATIONS OFFICER 35.00 X 187875 0 42587 TERESA TILTON DIR. OF MEMBER SERVICES 35.00 X 102556 0 19862 DOUGLAS TOMSON DIR. OF GOVERNMENT AFFAIRS 35.00 X 143663 0 24009 JOHN SHEHATA DIR. OF TECHNOLOGY 35.00 X 101174 0 19698 959726 0 190097 6 0 1 0 BARR & BARR INC 460 WEST 34TH STREET 10TH FLOOR NEW YORK NY 10001 CONSTRUCTION MANAGEMENT 2228427 GREENBAUM ROWE & SMITH 75 LIVINGSTON AVENUE 301 ROSELAND NJ 07068 LEGAL SERVICES 202765 2 DUES 541900 5061926 5061926 CONVENTION, NET 611430 1322323 1322323 SERVICE FEES 541900 390571 390571 SUBSCRIPTIONS 541900 277744 141456 136288 MISCELLANEOUS 900099 3487 3487 2075 2075 7058126 35687 35687 7093813 6921838 136288 35687 12718 287063 1589309 221806 222143 141132 53770 27295 131773 36122 343225 440932 85292 300781 377778 128977 42979 56381 TRIPLE PLAY CONVENTION 1027699 OTHER PROGRAM EXPENSES 228166 CREDIT CARD FEES 100328 TELEPHONE 44328 13268 5913265 1945980 1682584 15161125 10469634 62731 85104 12133 1141 148616 143413 10181596 200128 4266590 9981468 988000 1188000 22585175 23551344 1108045 754761 1328656 1467561 2436701 2222322 X 20148474 21329022 20148474 21329022 22585175 23551344 1180548 0 X X 0 1 X 1 0 0 0 0 5061926 405484 405484 428390 -22906 302900 302900 9202612 130844 9071768 676084 69284 606800 9981468 INVESTMENTS IN CERTIFICATES OF DEPOSIT 1188000 C 1188000 7093813 0 7093813 0 7093813 5913265 0 5913265 0 5913265 X X 1 1 X X X X X 0 0 0 JARROD GRASSO CHIEF EXECUTIVE OFFICER 287063 0 0 0 0 0 31800 0 28097 0 346960 0 0 0 MAUREEN MURPHY DIR. OF PROFESSIONAL DEVEL 137395 0 0 0 0 0 16487 0 7557 0 161439 0 0 0 MARTHA CHANESE CHIEF OPERATIONS OFFICER 187875 0 0 0 0 0 22545 0 20042 0 230462 0 0 0 DOUGLAS TOMSON DIR. OF GOVERNMENT AFFAIRS 143663 0 0 0 0 0 16452 0 7557 0 167672 0 0 0 PART I, LINE 1A THE CEO'S WIFE OCCASSIONALLY TRAVELS TO PROVIDE ASSISTANCE TO THE CEO AND LEADERSHIP AT RELATED CONFERENCES AND MEETINGS. SHE IS NOT COMPENSATED FOR HER TIME. CLUB DUES OF $13,967 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. DOUG TOMSON DIRECTOR FAMILY COVERAGE REIMBURSEMENT X 1141 0 0 0 1141 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 NEW JERSEY BUSINESS & INDUSTRY ASSOCIATION'S 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 139652 9448988 NEW JERSEY ASSOCIATION OF REALTORS NJAR GOVERNMENTAL RESEARCH FOUNDATION 10 HAMILTON AVENUE TRENTON NJ 08611 223796879 CONDUCT RESEARCH,PROMOTE KNOWLEDGE OF SUCH RESEARCH, PROVIDE RESEARCH GRANTS NJ 501(C)(4) 0 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 ISSUES MOBILIZATION (IMPAC) 10 HAMILTON AVENUE TRENTON NJ 08611 223102761 THROUGH PUBLIC INFORMA. & EDUCATNL CAMPAIGNS ADVOCATES FOR PRIVATE PROPERTY 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 527 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 NJAR GOVERNMENTAL RESEARCH FOUNDATION INC O 20000 NJAR HOUSING OPPORTUNITY FOUNDATION INC O 25000 REALTORS POLITICAL ACTION COMMITTEE O 30000 ISSUES MOBILIZATION O 30000 NJAR EDUCATIONAL FOUNDATION O 10000