Fraternal Order Of Police is located in Newark, NJ. The organization was established in 1952. According to its NTEE Classification (Y41) the organization is classified as: Fraternal Beneficiary Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. As of 04/2023, Fraternal Order Of Police employed 3 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Fraternal Order Of Police is a 501(c)(8) and as such, is described as a "Fraternal Beneficiary Society and/or Association" by the IRS.
For the year ending 04/2023, Fraternal Order Of Police generated $1.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.1m during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE F.O.P. PROVIDES ITS MEMBERS WITH LIFE, HEALTH, OR OTHER BENEFITS AND PROMOTES SOCIAL AND FRATERNAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PER CAPITA
GOOD AND WELFARE
LEGAL FEES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert D'angelo Chaplain | Officer | 40 | $50,630 |
Douglas Marshall Vice President | Officer | 10 | $0 |
Jeffrey Weber President | Officer | 40 | $0 |
Jared Stewart Secretary | Officer | 40 | $0 |
Ariel Cortez Treasurer | Officer | 40 | $0 |
Billy Correia Vice President | Officer | 10 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Markowitz & Richman Legal Fees | 4/29/23 | $106,915 |
Fusco And Macalusco Pa Legal Defense Plan | 4/29/23 | $129,130 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $753,100 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $318,433 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,071,533 |
| Total Program Service Revenue | $0 |
| Investment income | $14,380 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$476 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,085,522 |
| 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 | $150,724 |
| 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 | $73,250 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,490 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $135,282 |
| Fees for services: Accounting | $37,520 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $20,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,662 |
| Interest | $2,747 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $23,979 |
| Insurance | $32,505 |
| All other expenses | $193,913 |
| Total functional expenses | $1,137,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,209 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,135 |
| Net Land, buildings, and equipment | $218,716 |
| Investments—publicly traded securities | $682,020 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,236 |
| Other assets | $140,653 |
| Total assets | $1,242,969 |
| Accounts payable and accrued expenses | $120,869 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,994 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,552 |
| Total liabilities | $138,415 |
| Net assets without donor restrictions | $1,104,554 |
| 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 | $1,242,969 |