Preservation New Jersey Incorporated
- Assets
- $523.5k
- Revenue
- $119.8k
- Investments
- $0.0
- Employees
- 0
- Location
- West Trenton, NJ
- Founding
- 05/1981
- Data as of
- 06/2021
- EIN
- 22-2344109
Organization Overview
Preservation New Jersey Incorporated is located in West Trenton, NJ. The organization was established in 1981. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Preservation New Jersey Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Preservation New Jersey Incorporated generated $119.8k 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 (14.1%) each year. All expenses for the organization totaled $117.7k during the year ending 06/2021. 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
PRESERVATION NEW JERSEY PROMOTES THE ECONOMIC VITALITY, SUSTAINABILITY, AND HERITAGE OF NEW JERSEYS DIVERSE COMMUNITIES THROUGH ADVOCACY AND EDUCATION ABOUT HISTORIC PRESERVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS INCLUDE ADVOCACY FOR SOUND POLICY ON BEHALF OF THE HISTORIC PRESERVATION COMMUNITY, INCLUDING ADAPTIVE RE-USE AND SUSTAINABLE RESOURCE PROGRAMS, CONDUCTING LECTURES, TOURS AND WORKSHOPS TO EDUCATE THE PUBLIC, PROVIDING TECHNICAL ASSISTANCE THROUGH ITS BOARD AND EMPLOYEES AS WELL AS PROMOTING COOPERATION AMONG RESOURCES, AND PROVIDES STEWARDSHIP THROUGH 10 MOST ENDANGERED PLACES AND EASEMENT SERVICES.
PRESERVATION NEW JERSEY CONTINUES ITS RESPONSIBILITY VIA A 50-YEAR LEASE SIGNED IN 2012 FOR THE PRESERVATION, REHABILITATION AND REUSE OF THE 1867 SANCTUARY AT EWING, THE HISTORIC FORMER WORSHIP SPACE OF THE FIRST PRESBYTERIAN CHURCH OF EWING, NJ. AN ICONIC AND RARE ROMANESQUE REVIVAL-STYLE STRUCTURE BUILT IN 1867, IT WAS RESCUED FROM DEMOLITION BY A SMALL GROUP OF LOCAL ACTIVISTS, AND NOW SERVES AS A MODEL OF ADAPTIVE REUSE.THE BUILDING CURRENTLY HOSTS CONCERTS AND CULTURAL EVENTS OPEN TO THE GENERAL PUBLIC, AS WELL AS BEING AVAILABLE TO RENT FOR PRIVATE EVENTS. THE VENUE IS ADMINISTERED AND OPERATED BY A COMMITTEE OF PRESERVATION NJ VOLUNTEERS. FUNDS RAISED ENABLE THE OPERATION AND CONTINUING RENOVATIONS OF THIS HISTORIC STRUCTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Manz Executive Dir. | Officer | 14 | $21,900 |
Matt Pisarski President | OfficerTrustee | 3 | $0 |
Jack Abgott Secretary | OfficerTrustee | 3 | $0 |
Paul Muir Vice President | OfficerTrustee | 3 | $0 |
David Reading Treasurer | OfficerTrustee | 3 | $0 |
Holly Boyer Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,123 |
| Fundraising events | $6,080 |
| Related organizations | $0 |
| Government grants | $14,328 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,644 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,175 |
| Total Program Service Revenue | $29,321 |
| Investment income | $71 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,250 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,817 |
| 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. | $35,210 |
| Compensation of current officers, directors, key employees. | $7,042 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,280 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,090 |
| Advertising and promotion | $3,925 |
| Office expenses | $986 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,563 |
| Travel | $88 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,307 |
| Insurance | $762 |
| All other expenses | $0 |
| Total functional expenses | $117,688 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $90,100 |
| Savings and temporary cash investments | $131,332 |
| 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 | $0 |
| Net Land, buildings, and equipment | $302,115 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $523,547 |
| Accounts payable and accrued expenses | $16,251 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $16,251 |
| Net assets without donor restrictions | $408,428 |
| Net assets with donor restrictions | $98,868 |
| 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 | $523,547 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Preservation New Jersey Incorporated has recieved totaling $22,850.
| Awarding Organization | Amount |
|---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: general support | $22,750 |
Richard R Howe Foundation Short Hills, NJ PURPOSE: UNRESTRICTED USE IN CHARITABLE ENDEAVOR | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hamilton-Madison House Inc New York, NY | $11,830,050 | $17,173,913 |
Buffalo Olmsted Parks Conservancy Inc Buffalo, NY | $5,280,478 | $5,712,316 |
New York Landmarks Conservancy Inc New York, NY | $20,181,669 | $5,556,998 |
Historical Society Of Pennsylvania Philadelphia, PA | $29,519,223 | $5,864,620 |
Bucks County Historical Society Mercer Museum Doylestown, PA | $25,757,784 | $3,151,386 |
Galvan Initiatives Foundation New York, NY | $45,061,487 | $6,375,160 |
Lake George Association Inc Lake George, NY | $20,500,954 | $6,877,319 |
Lancasterhistory Org Lancaster, PA | $21,295,803 | $1,939,476 |
Royal Oak Foundation Inc New York, NY | $7,446,621 | $2,765,681 |
Partners For Sacred Places Inc Philadelphia, PA | $5,285,974 | $2,628,300 |
Historic Morven Inc Princeton, NJ | $24,966,023 | $2,239,709 |
Adirondack Railway Preservation Society Utica, NY | $2,682,180 | $3,406,896 |