2024-09-13T11:46:56-05:00 2023-12-31 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2023-01-01 222140604 NEW JERSEY APARTMENT ASSOCIATION % DAVID BROGAN NEWJ 7329920600 162 WEST STATE STREET TRENTON NJ 08608 DAVID BROGAN EXECUTIVE DIRECTOR 7329920600 2024-09-12 true true RICHARD RUVELSON P00234075 3012726000 2023 2024-08-08 14:25:15Z NJAA DAVID BROGAN 162 WEST STATE STREET TRENTON NJ 08608 3085426 false X WWW.NJAA.COM X 1982 NJ THE MISSION OF THE NEW JERSEY APARTMENT ASSOCIATION, INC IS TO PROVIDE INFORMATION, EDUCATION AND TO ADVOCATE FOR NEW JERSEY'S MULTI-FAMILY RENTAL HOUSING INDUSTRY. 44 43 7 46 83255 0 0 0 2337792 2868267 14068 32080 239815 161118 2591675 3061465 0 0 0 0 1185809 1262852 0 0 0 1252620 1571393 2438429 2834245 153246 227220 2170037 2035419 964672 584785 1205365 1450634 X THE GOALS AND OBJECTIVES OF THE NEW JERSEY APARTMENT ASSOCIATION ARE DESIGNED TO ADVANCE AND PROTECT THE WELFARE OF THE APARTMENT INDUSTRY IN NEW JERSEY. NJAA REPRESENTS THE APARTMENT INDUSTRY BEFORE THE NEW JERSEY LEGISLATURE AND GOVERNMENTAL AGENCIES AND PROVIDES CONTINUING EDUCATION AND INFORMATION TO ITS MEMBERS AND THE PUBLIC. NJAA IS COMMITTED TO PROVIDING SERVICES AND OPPORTUNITIES THAT ENHANCE, IMPROVE AND PROMOTE THE APARTMENT MANAGEMENT PROFESSION. NJAA ENABLES ITS MEMBERS TO SHARE EXPERIENCES AND ADVANCE THEIR INTERESTS. NJAA'S MEMBERSHIP'S INTERESTS ARE SERVED ON A NATIONAL LEVEL THROUGH ITS AFFILIATION WITH THE NATIONAL APARTMENT ASSOCIATION (NAA). false false PROGRAMS & EVENTS: EDUCATIONAL, NETWORKING EVENTS, AWARDS AND CONFERENCES THE ASSOCIATION PROVIDES TO MEMBERSHIP. MEMBERSHIP SERVICES: COMMUNICATIONS AND SERVICES PROVIDED TO THE MEMBERSHIP INCLUDING BUT NOT LIMITED TO A DIAMOND SPONSORSHIP PROGRAM, AIM MAGAZINE AND A MEMBERSHIP DIRECTORY. GOVERNMENTAL AFFAIRS: ACTIVITIES THAT SHAPE GOVERNMENTAL POLICY ON BEHALF OF THE NEW JERSEY MULTI-FAMILY RENTAL COMMUNITY. THESE ACTIVITIES ARE IN STATE, LOCAL AND NATIONAL POLICY AS WELL AS IN THE REGULATORY ARENA. false false false true false false false false false true false false true true true true false false false false false false false false false false false false true false false false false false false false false false false false true false false true 16 0 true 7 true true true false false false false false false false X 44 43 true false false false false true false true false false false true true true true true true true true false X DAVID BROGAN 7329920600 162 WEST STATE STREET TRENTON NJ 08608 X Mr David Brogan EXECUTIVE DIRECTOR 45.0 0.0 X X 462021 0 34733 Ms Nichole Lopresti SENIOR VICE PRESIDENT 45.0 0.0 X 270350 0 20609 Mr Nicholas Kikis VP GOVERNMENT AFFAIRS 45.0 0.0 X 141615 0 5691 Ms Kelly Ryan Assistant Vice President 45.0 0.0 X 107519 0 13996 MS DIANA PENN PRESIDENT 1.0 0.0 X X 0 0 0 MR JEROME LOMBARDO 1st Vice President 1.0 0.0 X X 0 0 0 MR MICHAEL O'DEA 2ND VICE PRESIDENT 1.0 0.0 X X 0 0 0 MR JEFFREY GARFINKEL Treasurer 1.0 0.0 X X 0 0 0 MS THERESA REED Secretary 1.0 0.0 X X 0 0 0 MR DANIEL FLAMINI VICE PRESIDENT 1.0 0.0 X X 0 0 0 MS ROBIN FLAGLER Vice President 1.0 0.0 X X 0 0 0 MR MICHAEL F FLOYD VP OF ASSOCIATE AFFAIRS 1.0 0.0 X X 0 0 0 Mr Stephen Waters BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Sean Joyce BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 MR JONATHAN S GERSHEN BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Michael W Goldberg BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Scott Machlovitz CAPS BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Andrew Rosen BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Dan Kelly BOARD OF DIR (THRU 05/2023) 1.0 0.0 X 0 0 0 Mr Joseph Spadaccini BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Lewis Zlotnick BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Michael C Haydinger BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Larry Falkow BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Andrew Goldberg AIT BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Ms Tracey Goldstein Esq BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Dan O'Brien BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Paul McGrath BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr John D Cranmer Esq BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Ryan Antonelli BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Ronald S Ladell Esq BOARD OF DIR (Thru 07/2023) 1.0 0.0 X 0 0 0 Mr Anthony E Lauro BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr David L Legow BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr James M McGrath BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Jeffrey Smith BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr David DeAugustine BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Ms Lynne Aber BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Ms Wendy Schreiber BOARD OF DIR (THRU 05/2023) 1.0 0.0 X 0 0 0 Mr George D Cowden BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Steve Dicker BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Alan Hammer Esq BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr John Zoetjes BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Jack R Linefsky Bd of Dir (Pres. thru 1/2023) 1.0 0.0 X X 0 0 0 Mr Timothy Henkel BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Vincent C Comperatore BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr George Jacobs BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Michael Barry BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr William Dailey CPM BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Larry Stein BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Mr Brent Winig BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 Ms Sefi Silverstein CPA BOARD OF DIRECTORS 1.0 0.0 X 0 0 0 981505 0 75029 4 false true false WITHUM SMITH BROWN PC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 ACCOUNTING FEES 155334 1 0 MEMBERSHIP DUES 900099 949109 949109 SPONSORSHIP AWARDS 900099 247500 247500 SEMINARS 900099 71156 71156 MAGAZINE ADVERTISING 900099 60675 60675 CONVENTION 900099 1027181 1027181 512646 512646 2868267 31041 31041 0 93538 93538 0 0 0 25000 23961 1039 1039 1039 0 0 0 0 0 0 0 0 0 WEBSITE ADVERTISING 900099 22580 22580 OTHER 900099 45000 45000 67580 3061465 2807592 83255 170618 0 0 0 0 787713 0 306471 47100 60995 60573 0 782 81500 42000 0 0 201713 0 107979 0 0 65739 10819 0 0 0 0 11683 10330 EDUCATION AND CREDENTIALIING 769715 MEMBERSHIP SERVICES 220762 ALL OTHER EXPENSES 48371 2834245 782409 700696 683572 564049 0 0 0 0 0 0 0 0 0 0 0 0 57109 25418 175431 154770 32344 20661 357805 526809 0 0 0 0 0 0 256798 197786 2170037 2035419 344886 90161 0 0 619786 308374 0 0 0 0 0 0 0 0 0 0 0 186250 964672 584785 X 1205365 1450634 0 0 1205365 1450634 2170037 2035419 227220 18049 X X false true X true false false false false 949109 195890 195890 237277 -41387 135471 114810 20661 39960 39960 0 20661 SECURITY DEPOSIT 10000 RIGHT USE OF ASSET 187786 197786 0 OPERATING LEASE LIABILITY 186250 186250 X 3079514 18049 18049 3061465 3061465 2834409 164 164 2834245 2834245 PART X, LINE 2: US GAAP requires management to evaluate tax positions taken by the Organization and to recognize a tax liability (or asset) if the Organization has taken an uncertain position that more likely than not would not be sustained upon examination by applicable taxing authorities. For the year ended December 31, 2023, the Organization has determined that no material uncertain tax positions qualify for either recognition or disclosure in the combined financial statements. there has been no tax related interest or penalties for the period presented in these combined financial statements. PART XII, LINE 2D Related Organization Expenses - $164 X true true X X false false false Mr David Brogan EXECUTIVE DIRECTOR 401861 0 53560 0 6600 0 13200 0 21533 0 496754 0 0 0 Ms Nichole Lopresti SENIOR VICE PRESIDENT 232450 0 32500 0 5400 0 6008 0 14601 0 290959 0 0 0 PART I, LINE 1A: THE OFFICERS OF THE ORGANIZATION HAVE A DISCRETIONARY TRAVEL SPENDING ACCOUNT TO BE USED FOR ASSOCIATION BUSINESS. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: ADVOCATE FOR NEW JERSEY'S MULTI-FAMILY RENTAL HOUSING INDUSTRY. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: LEGISLATURE AND GOVERNMENTAL AGENCIES AND PROVIDES CONTINUING EDUCATION AND INFORMATION TO ITS MEMBERS AND THE PUBLIC. NJAA IS COMMITTED TO PROVIDING SERVICES AND OPPORTUNITIES THAT ENHANCE, IMPROVE AND PROMOTE THE MULTIFAMILY HOUSING INDUSTRY. NJAA ENABLES ITS MEMBERS TO SHARE EXPERIENCES AND ADVANCE THEIR INTERESTS. NJAA'S MEMBERSHIP'S INTERESTS ARE SERVED ON A NATIONAL LEVEL THROUGH ITS AFFILIATION WITH THE NATIONAL APARTMENT ASSOCIATION (NAA). FORM 990, PART VI, SECTION A, LINE 2: THE ORGANIZATION HAS BUSINESS RELATIONSHIPS BETWEEN MEMBERS, HOWEVER, NONE THAT WE ARE AWARE OF THAT EXCEED THE REQUIRED FILING REQUIREMENT. FORM 990, PART VI, SECTION A, LINE 7A: THE MEMBERSHIP ELECTS THE BOARD OF DIRECTORS AT AN ANNUAL BUSINESS MEETING. ONE THIRD OF THE BOARD IS ELECTED EACH YEAR. ADDITIONALLY, THE EXECUTIVE COMMITTEE HAS THE ABILITY TO FILL MID-YEAR VACANCIES SUBJECT TO CERTAIN LIMITATIONS. FORM 990, PART VI, SECTION A, LINE 8B: THE ORGANIZATION DOES NOT DOCUMENT THE MEETINGS HELD BY EACH COMMITTEE WITHOUT AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THEIR DECISIONS ARE MORE BROAD IN NATURE AND NO WRITTEN ACTION IS UNDERTAKEN. FORM 990, PART VI, SECTION B, LINE 11B: THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR, THE PRESIDENT AND TREASURER OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 12C: BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN A FORM INDICATING IT HAS BEEN REVIEWED. THE POLICY INDICATES THAT ALL POTENTIAL CONFLICTS OF INTEREST WILL NEED TO BE REPORTED AND THE PROCESS FOR REPORTING. FORM 990, PART VI, SECTION B, LINE 15: PRESIDENT AND EXECUTIVE BOARD APPROVE COMPENSATION FOR THE EXECUTIVE DIRECTOR OF THE ASSOCIATION. THE EXECUTIVE DIRECTOR APPROVES COMPENSATION FOR THE SENIOR VICE PRESIDENT OF THE ASSOCIATION. FORM 990, PART VI, SECTION C, LINE 19: FORM 990 IS AVAILABLE FOR PUBLIC INSPECTION BY ANYONE DURING NORMAL BUSINESS HOURS UPON REQUEST. PART XI, LINE 2C THE ORGANIZATION'S EXECUTIVE BOARD OVERSEES AND APPROVES THE AUDIT. NJAA CHARITABLE FUND 162 WEST STATE STREET TRENTON NJ 08608 223593491 SEE PART VII NJ 501(C)(3) LINE 10 NJAA true false false false false false false false false false false false false true true true false false false false SCHEDULE R, PART ii, COLUMN B: PRIMARY ACTIVITY OF RELATED ENTITY NJAA CHARITABLE FUND PRIMARY ACTIVITY IS TO USE THE COLLECTIVE RESOURCES OF THE MULTI-FAMILY HOUSING INDUSTRY TO GIVE BACK TO THE COMMUNITY. THROUGH THE NJAA CHARITABLE FUND, INC. MEMBERS HAVE THE OPPORTUNITY TO PARTICIPATE IN CHARITABLE EVENTS AND DONATE THEIR TIME AND RESOURCES WITH GENEROSITY IN MIND.