New Jersey Association Of Realtors

Organization Overview

New Jersey Association Of Realtors, operating under the name New Jersey Realtors, is located in Trenton, NJ. The organization was established in 1942. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, New Jersey Realtors employed 19 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations.

For the year ending 12/2020, New Jersey Realtors generated $7.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $5.4m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT ALL SEGMENTS OF ITS MEMBERSHIP IN CONCERT WITH LOCAL BOARDS & THE NATIONAL ASSOCIATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Greenbaum Rowe Smith And Davis Llp
Legal Services
$306,529
Lone Wolf Real Estae Technologies Inc
Technology Services
$161,356
Mosaic
Printing & Mailing Services
$113,887
Ziplogix
Transaction Management
$128,802
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$7,014,478
Investment income $211,807
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,949
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,235,945

Grants Awarded

Over the last fiscal year, New Jersey Association Of Realtors has awarded $34,500 in support to 3 organizations.

Grant RecipientAmount

REALTORS RELIEF FOUNDATION

Org PageRecipient Profile

Chicago, IL

PURPOSE: REBUILD COMMUNITIES AFFECTED BY DISASTERS

$15,000

GREATER TRENTON INC

Org PageRecipient Profile

Trenton, NJ

PURPOSE: CAPITAL LOAN POOL

$10,000

NEW JERSEY ASSOCIATION OF REALTORS EDUCATION FOUNDATION

Org PageRecipient Profile

Trenton, NJ

PURPOSE: 2020 SCHOLARSHIP FUNDING

$9,500
View Grant Profile

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