Tie New Jersey - Philadelphia
- Assets
- $176.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 11-3822981
Organization Overview
Tie New Jersey - Philadelphia is located in Edison, NJ. The organization was established in 2008. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tie New Jersey - Philadelphia is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Tie New Jersey - Philadelphia generated $71.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $61.1k during the year ending 12/2022. While expenses have increased by 8.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TIE NEW JERSEY-PHILADELPHIA PRESENTED 9 BUSINESS AND NETWORKING EVENTS DURING YEAR 2022 WITH AVERAGE ATTENDANCE OF 66 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raman Kapur President | 10 | $0 | |
Sue Lakhanpal Treasurer | 10 | $0 | |
Neetu Randhawa Executive Dir. | 25 | $27,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $13,400 |
| Membership dues | $58,298 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,698 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,600 |
| Professional fees and other payments to independent contractors | $4,197 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $29,329 |
| Total expenses | $61,126 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $176,095 |
| Other assets | $0 |
| Total assets | $176,618 |
| Total liabilities | $0 |
| Net assets or fund balances | $176,618 |