New Jersey State Hotel-Motel Association
- Assets
- $42.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Trenton, NJ
- Founding
- 10/1974
- Data as of
- 12/2022
- EIN
- 22-1153992
Organization Overview
New Jersey State Hotel-Motel Association is located in Trenton, NJ. The organization was established in 1974. 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. New Jersey State Hotel-Motel Association 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, New Jersey State Hotel-Motel Association generated $42.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $35.5k during the year ending 12/2022. While expenses have increased by 11.0% per year over the past 8 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
MEMBERS SERVICES-THE ASSOCIATION SPONSORS PROFESSIONAL DEVELOPMENT PROGRAMS FOR ITS MEMBERS, MONITORS TRAVELERS' DEVELOPMENTS, AND COMMUNICATES ISSUES IN NEW JERSEY AFFECTING THE TRAVEL INDUSTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Ojserkis Legal Counsel | 2 | $0 | |
Joseph A Simonetta Executive Director | 2 | $0 | |
Mark Giangiulio Chairman Of The Board | 2 | $0 | |
Mike J Taylor President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $27,500 |
| Membership dues | $14,700 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,200 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $30,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $861 |
| Other expenses | $4,422 |
| Total expenses | $35,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,962 |
| Other assets | $0 |
| Total assets | $41,962 |
| Total liabilities | $11,362 |
| Net assets or fund balances | $30,600 |