2024-05-15T09:34:35-07:00 2023-12-31 270623664 CULLARI CARRICO LLC 55 LANE ROAD SUITE 300 FAIRFIELD NJ 07004 990 2023-01-01 222178686 NEW JERSEY MULTIPLE LISTING SERVICE INC NEWJ 2013871150 405 N MIDLAND AVENUE SADDLE BROOK NJ 07663 MICHELLE PERINO Executive Director 2024-05-14 true MICHELLE PERINO 999009999 true ROBERT J VALAS P01464497 9734063955 X 3 AAL1 IAL1 FAL1 2023 2023-04-26 12:10:37Z MICHELLE PERINO 405 N MIDLAND AVENUE SADDLE BROOK NJ 07663 10648069 false X www.njmls.com X 1977 NJ THE PRINCIPAL FUNCTION IS TO PROVIDE COMPREHENSIVE REAL ESTATE INFORMATION SERVICES TO THE BROKERS AND THE COMMUNITY AND TO PROMOTE FAIR HOUSING FOR ALL PERSONS. 15 15 21 15 5238208 383329 0 726198 695376 463142 662224 5520505 5269610 6709845 6627210 0 0 2425606 2527028 0 0 3078618 3090774 5504224 5617802 1205621 1009408 19681405 21514196 2541131 2285400 17140274 19228796 THE PRINCIPAL FUNCTION IS TO PROVIDE COMPREHENSIVE REAL ESTATE INFORMATION SERVICES TO THE BROKERS AND THE COMMUNITY AND TO PROMOTE FAIR HOUSING FOR ALL PERSONS. false false THE ORGANIZATION SERVICES APPROXIMATELY 15,000 SUBSCRIBER/USERS PRODUCING A COMPUTER LISTING FOR SALE AND SOLD PROPERTIES. NEWSLETTERS ARE ALSO PRODUCED FOR THE BENEFIT OF THE MEMBERS. THE ORGANIZATION MAINTAINS THREE WEBSITES THAT RECEIVE APPROXIMATELY 700,000 HITS PER MONTH. THE SITES ARE FOR SUBSCRIBER/USERS AS WELL AS THE GENERAL PUBLIC. INFORMATION AT THE SITE INCLUDES ASSISTING BUYERS AND RENTERS TO FIND HOMES, TOWN AND SCHOOL INFORMATION, ETC. 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 false false false true 7 0 true 21 true true true false false false false false false false X 15 15 false false false false true true false true true false false true true true true true true true true false X THE ORGANIZATION 2013871150 405 N MIDLAND AVENUE SADDLE BROOK NJ 07663 MICHELLE PERINO Executive Dir. 40.00 0.00 X 259821 0 46102 ALLAN O'SULLIVAN DIRECTOR OF IT 40.00 0.00 159650 0 35880 EMILA RONCEVIC MANAGER 40.00 0.00 154100 0 39314 LORRAINE DEXTER MANAGER 40.00 0.00 141888 0 37849 HELEN HARRINGTON MARKETING MANAGER 40.00 0.00 126500 0 36003 GENE KOSMARK TECH SUPPORT 40.00 0.00 103800 0 12456 ROSE LA PIRA Director 1.00 0.00 X 0 0 0 WILLIAM GILSENAN JR Treasurer 1.00 0.00 X X 0 0 0 MARC STEIN Vice President 0.00 0.00 X X 0 0 0 KATHY KETABI Director 1.00 0.00 X 0 0 0 AUDRA FONTANELLA President 1.00 0.00 X X 0 0 0 SAMI MAALOUF Director 1.00 0.00 X 0 0 0 PATRICIA SUDAL Director 1.00 0.00 X 0 0 0 JUDIT AGOD Director 1.00 0.00 X 0 0 0 GENE AMSEL Director 1.00 0.00 X 0 0 0 ELAINE MOSERA Dir.-Alternate 1.00 0.00 X 0 0 0 RANDOLPH WINE Director 1.00 0.00 X 0 0 0 FRAN BLAKELY Director 1.00 0.00 X 0 0 0 SARAH DRENNAN Director 1.00 0.00 X 0 0 0 DENISE BELCHER Director 1.00 0.00 X 0 0 0 ROD LOPEZ Director 1.00 0.00 X 0 0 0 COLLEEN PENSA Director 1.00 0.00 X 0 0 0 945759 207604 6 false true false 0 0 MEMBERSHIP DUES 531390 695376 695376 695376 568018 568018 0 0 0 4115065 4020859 94206 94206 94206 0 0 31402 31402 31402 LISTING AND ACCESS FEES 5238039 5238039 MISCELLANEOUS INCOME 169 169 5238208 6627210 820984 5238208 568018 0 0 0 0 305923 305923 0 1642539 1224020 418519 192297 143132 49165 235684 180550 55134 150585 117456 33129 0 0 0 0 0 0 93626 28088 65538 657145 657145 111625 79588 32037 96235 77589 18646 0 6616 5954 662 854 598 256 0 55098 55098 0 0 22036 6611 15425 53470 10694 42776 PROGRAM SERVICES 1480993 1480993 COMMUNITY SERVICES 204663 204663 OPERATING LEASE EXP - RIGHT OF 120376 108338 12038 CREDIT CARD FEES 111641 111641 76396 49737 26659 5617802 4847818 769984 0 1202693 1937703 14692069 15957988 0 269316 286332 0 0 66777 68911 10769 0 80324 80858 314630 187706 141823 126924 0 0 0 0 3217634 3055480 19681405 21514196 191049 60641 1914542 1893271 435540 331488 2541131 2285400 X 17140274 19228796 17140274 19228796 19681405 21514196 X 1009408 1312319 -77516 -155689 X false true X true false false false false false Part I-A, Line 1 - Direct and Indirect Political Campaign Activities Donation to NAR RPAC Issues Campaign Part II-B, Line 1i - Other Activities Description DONATED $12,000 TI NAR RPAC ISSUES CAMPAIGN Part IV - Additional Information 10892 1768 9124 103476 103476 200262 82462 117800 126924 INTEREST RECEIVABLE 37862 MORTGAGE NOTE RECEIVALBE, LESS CURRENT 2686131 OPERATING LEASE RIGHT-TO-USE ASSETS 331487 3055480 CURRENT PORTION OF OPERATING LEASE LIAB 109257 LT OPERATING LEASE LIABILITIES 222230 Rounding 1 331488 X 7862013 1312319 1312319 6549694 77516 77516 6627210 5695318 77516 77516 5617802 5617802 Part X : FIN48 Footnote THE ORGANIZATION ADHERES TO FASB ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE AND CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. FOR THE YEARS ENDED DECEMBER 31, 2023, THE ORGANIZATION HAS NO MATERIAL UNCERTAIN TAX POSITIONS TO BE ACCOUNTED FOR IN THE FINANCIAL STATEMENTS. Part XII, Line 2d: Other expenses and losses per audited F/S INVESTMENT FEES $77516 X X X X false false false ALLAN O'SULLIVAN DIRECTOR OF IT 159650 19158 16722 195530 EMILA RONCEVIC MANAGER 154100 18492 20822 193414 HELEN HARRINGTON MARKETING MANAGER 126500 15180 20823 162503 LORRAINE DEXTER MANAGER 141888 17027 20822 179737 MICHELLE PERINO Executive Dir. 259821 31179 14923 305923 Form 990, Part VI, Section A, Line 6 MEMBERS ARE REAL ESTATE PROFESSIONALS & MEMBER BOARD Form 990, Part VI, Section B, Line 11b FORM 990 IS REVIEWED BY BOARD OF DIRECTORS PRIOR TO ITS RELEASE. Form 990, Part VI, Section B, Line 12c EMPLOYEES ARE REQUIRED TO SIGN A COPY OF THE CONFLICT OF INTEREST POLICY EVERY YEAR NOTED IN THE EMPLOYEE HANDBOOK. EMPLOYEES ARE NOT PERMITTED TO PRACTICE REAL ESTATE IN NEW JERSEY WHILE EMPLOYED BY THE ORGANIZATION. THROUGHOUT THE YEAR, THE ORGANIZATION MONITORS ITS DATABASE FOR ANY VIOLATIONS. THE DIRECTORS ARE REQUIRED TO COMPLETE AND SIGN A CERTIFICATION AND DISCLOSURE FORM NOTING ANY CONFLICTS OF INTEREST EACH YEAR. Form 990, Part VI, Section B, Line 15a COMPARABILITY DATA AND STUDY/SURVEY WERE USED IN DETERMINING COMPENSATION LEVELS Form 990, Part VI, Section B, Line 15b COMPARABILITY DATA AND STUDY/SURVEY WERE USED IN DETERMINING COMPENSATION LEVELS Form 990, Part VI, Section C, Line 19 THE RULES AND REGULATIONS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 PROVISION FOR INCOME TAXES = -$155689 Statement Note 1 NEW JERSEY MULTIPLE LISTING SERVICE, INC. 22-2178686FORM 990, PAGES 2 & 6TAX YEAR - 2016----------------------------------------------------------------------PART III, LINE A: DESCRIPTION OF SERVICES PROVIDED & PART VIII: RELATIONSHIP OF ACTIVITIES TO THE ACCOMPLISHMENT OF EXEMPT PURPOSES----------------------------------------------------------------------THE ORGANIZATION ENGAGES IN ACTIVITIES FOR THE GENERAL IMPROVEMENT OFBUSINESS CONDITIONS WITHIN THE REAL ESTATE INDUSTRY AND TO PROMOTEFAIR HOUSING FOR ALL PERSONS. THE PERFORMANCE OF PARTICULAR SERVICESFOR ITS MEMBERS, THROUGH THE MAINTENANCE AND OPERATION OF THE MULTIPLE LISTING SERVICE WHICH MAY SERVICE THEM AS A CONVENIENCE INTHE CONDUCT OF THEIR BUSINESS, IS A FUNCTION SECONDARY TO ITSMAIN FUNCTION.THE PRINCIPAL FUNCTION OF THE ORGANIZATION IS TO PROVIDE NOT FORPROFIT COMPREHENSIVE REAL ESTATE INFORMATION SERVICES TO THE BROKERSAND THE COMMUNITY.