New Jersey State Policemens Benevolent Association is located in Manasquan, 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 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 generated $119.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $88.6k during the year ending 12/2023. While expenses have increased by 11.3% per year over the past 6 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 |
|---|---|---|---|
Mark Mcgowan President | 10 | $0 | |
Shannon Savastano Vice President | 5 | $0 | |
Nicholas Louhier Secretary | 5 | $0 | |
Johne Ringo Treasurer | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,988 |
| Total Program Service Revenue | $5,635 |
| Membership dues | $7,880 |
| Investment income | $2,224 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,568 |
| Other Revenue | $0 |
| Total Revenue | $119,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $13,633 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $4,206 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,279 |
| Total expenses | $88,586 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $182,139 |
| Other assets | $0 |
| Total assets | $182,139 |
| Total liabilities | $0 |
| Net assets or fund balances | $182,139 |