New Jersey State Policemens Benevolent Association Inc is located in Edgewater, NJ. The organization was established in 2014. According to its NTEE Classification (Y42) the organization is classified as: Domestic Fraternal Societies, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. New Jersey State Policemens Benevolent Association Inc 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 12/2023, New Jersey State Policemens Benevolent Association Inc generated $109.1k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $127.5k during the year ending 12/2023. While expenses have increased by 2.2% per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
TO FURTHER THE INTERESTS OF ITS MEMBERSHIP BY SEEKING IMPROVED TERMS AND CONDITIONS OF EMPLOYMENT, TO RENDER MORAL AND MATERIAL AID TO MEMBERS AS NEEDED, TO PROVIDE REPRESENTATION AND/OR COUNSEL IN LEGAL PROCEEDINGS, AND TO PROMOTE SOCIAL AND FRATERNAL ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Lee President | 10 | $0 | |
Michael Monroe 1st Vice President | 10 | $0 | |
Daniel O'shea 2nd Vice President/treasur | 10 | $0 | |
Geremia Dermartino Treasurer/1st Sgt. At Arms | 10 | $0 | |
Theresa Demuro Financial Secretary | 5 | $0 | |
Michael Mcdermott Recording Secretary | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,974 |
| Total Program Service Revenue | $1,518 |
| Membership dues | $40,486 |
| Investment income | $15 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$859 |
| Other Revenue | $0 |
| Total Revenue | $109,134 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $64,201 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $46,855 |
| Total expenses | $127,488 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $250,621 |
| Other assets | $0 |
| Total assets | $250,621 |
| Total liabilities | $0 |
| Net assets or fund balances | $250,621 |