New Jersey Motor Truck Association Benefits Trust
- Assets
- $442.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Short Hills, NJ
- Founding
- 08/1981
- Data as of
- 01/2024
- EIN
- 22-6209959
Organization Overview
New Jersey Motor Truck Association Benefits Trust is located in Short Hills, NJ. The organization was established in 1981. According to its NTEE Classification (Y43) the organization is classified as: Voluntary Employees Beneficiary Associations (Non-Government), under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Jersey Motor Truck Association Benefits Trust is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 01/2024, New Jersey Motor Truck Association Benefits Trust generated $65.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 46.7% each year . All expenses for the organization totaled $79.7k during the year ending 01/2024. While expenses have increased by 28.7% 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
2024
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION ENABLES EMPLOYERS TO JOIN TOGETHER AND ACT AS A SINGLE EMPLOYER IN THE PURCHASE AND MAINTENANCE OF GROUP INSURANCE POLICIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Toth Trustee | 1 | $0 | |
Jared Stadlin Trustee | 1 | $0 | |
Jennifer Blazovic Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $65,151 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,151 |
| 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 | $1,732 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $77,995 |
| Total expenses | $79,727 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $383,597 |
| Other assets | $0 |
| Total assets | $442,742 |
| Total liabilities | $72,802 |
| Net assets or fund balances | $369,940 |