New Jersey Press Association is located in Ewing, NJ. The organization was established in 2016. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Press 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 12/2021, New Jersey Press Association generated $315.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (10.5%) each year. All expenses for the organization totaled $311.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP NEWSPAPERS REMAIN EDITORIALLY STRONG, FINANCIALLY SOUND AND FREE OF OUTSIDE INFLUENCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCT EDUCATIONAL CONFERENCES, CONVENTIONS AND SEMINARS TO HELP KEEP MEMBERS ABREAST OF CURRENT CHANGES IN INDUSTRY. PERSONS BENEFITED: MEMBERS
SPONSORS CONTESTS FOR MEMBERS TO RECOGNIZE PHOTOGRAPHS AND LITERARY ACHIEVEMENTS. PERSONS BENEFITED: MEMBERS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Blum Acting Treasurer | OfficerTrustee | 1 | $2,250 |
William Murray Chairman | OfficerTrustee | 1 | $0 |
Brett Ainsworth First VP | Trustee | 1 | $0 |
Paul D'ambrosio President | Trustee | 1 | $0 |
Jennifer Chciuk Director | Trustee | 1 | $0 |
David Nahan Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $166,846 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $123,284 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $290,130 |
Total Program Service Revenue | $8,883 |
Investment income | $31 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $315,124 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $25,815 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,724 |
Payroll taxes | $2,586 |
Fees for services: Management | $0 |
Fees for services: Legal | $149,905 |
Fees for services: Accounting | $17,471 |
Fees for services: Lobbying | $48,000 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $4,412 |
Information technology | $6,103 |
Royalties | $0 |
Occupancy | $0 |
Travel | $349 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,489 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,162 |
Insurance | $2,811 |
All other expenses | $4,144 |
Total functional expenses | $310,985 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $149,296 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $928 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,358 |
Net Land, buildings, and equipment | $5,823 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,456,014 |
Total assets | $2,613,419 |
Accounts payable and accrued expenses | $55,562 |
Grants payable | $0 |
Deferred revenue | $44,161 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $75,000 |
Total liabilities | $174,723 |
Net assets without donor restrictions | $2,438,696 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,613,419 |
Organization Name | Assets | Revenue |
---|---|---|
Community Action Committee Of The Lehigh Valley Inc Bethlehem, PA | $24,914,072 | $40,517,893 |
Nyc & Company Inc New York, NY | $15,500,744 | $29,142,880 |
Real Estate Board Of New York Inc New York, NY | $13,608,943 | $14,285,773 |
Philadelphia Convention & Visitors Bureau Of The Chamber Of Commerce Philadelphia, PA | $21,636,489 | $20,955,897 |
The Chamber Of Commerce For Greater Philadelphia Philadelphia, PA | $17,253,411 | $11,743,354 |
United States Council For International Business New York, NY | $8,377,861 | $9,810,410 |
New Jersey Association Of Realtors Trenton, NJ | $35,262,029 | $9,547,353 |
Long Island Board Of Realtors Inc West Babylon, NY | $32,824,680 | $7,922,994 |
German American Chamber Of Commerce Inc New York, NY | $3,820,432 | $6,890,973 |
Buffalo Niagara Convention & Vistors Bureau Inc Buffalo, NY | $3,394,435 | $6,164,269 |
Lake Placid Chamber Of Commerce Inc Lake Placid, NY | $4,857,333 | $6,938,582 |
Independent Drivers Guild Inc Long Island City, NY | $5,104,857 | $7,835,962 |