2024-03-10T12:22:40-05:00 2023-10-31 GRASSI & CO CPAS PC ONE MAYNARD DRIVE PARK RIDGE NJ 07656 990 2022-11-01 220766160 COMMERCE AND INDUSTRY OF NEW JERSEY INC COMM 2013682100 365 WEST PASSAIC STREET 490 ROCHELLE PARK NJ 07662 ANTHONY RUSSO PRESIDENT 2013682100 2024-02-18 1 ANTHONY RUSSO 999009999 1 DINO RIZZO P00020956 2018089800 2024-02-18 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ANTHONY RUSSO 365 WEST PASSAIC STREET ROCHELLE PARK NJ 07662 1447306 0 X WWW.CIANJ.ORG X 1975 NJ TO BE THE LEADER IN FREE ENTERPRISE ADVOCACY FOR THE PURPOSE OF PROVIDING, THROUGH EDUCATION,LEGISLATIVE VIGILANCE AND MEMBERSHIP INTERACTION. AN ECONOMIC CLIMATE THAT ENHANCES BUSINESS AND MAKES NEW JERSEY A BETTER STATE IN WHICH TO LIVE, WORK AND CONDUCT BUSINESS. 80 80 5 0 277708 0 823895 610507 484399 547695 0 11396 389208 277708 1697502 1447306 0 0 0 0 815286 606960 0 0 0 844716 894834 1660002 1501794 37500 -54488 667041 861693 209956 459096 457085 402597 X TO BE THE LEADER IN FREE ENTERPRISE ADVOCACY FOR THE PURPOSE OF PROVIDING, THROUGH EDUCATION, LEGISLATIVE VIGILANCE AND MEMBERSHIP INTERACTION, AN ECONOMIC CLIMATE THAT ENHANCES BUSINESS POTENTIAL AND MAKES NEW JERSEY A BETTER STATE IN WHICH TO LIVE, WORK AND CONDUCT BUSINESS. 0 0 547695 EDUCATION THAT ADVANCES THE ECONOMIC, INDUSTRIAL, PROFESSIONAL, CULTURAL AND CIVIC WELFARE OF NORTHERN NEW JERSEY AND ENCOURAGES THE GROWTH OF EXISTING BUSINESS & INDUSTRY THROUGH EDUCATION OF THE GENERAL PUBLIC, LEGISLATORS & BUSINESS PERSONS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 9 0 5 0 1 1 0 0 0 0 0 0 0 0 0 X 80 80 0 0 0 0 1 1 0 1 1 0 0 1 1 0 1 0 0 0 0 0 X THE ORGANIZATION 2013682100 365 WEST PASSAIC STREET 490 ROCHELLE PARK NJ 07662 AGNES ANTONIAN DIRECTOR 0.30 X 0 0 0 ALADAR G KOMJATHY DIRECTOR 0.30 X 0 0 0 ANDREW SILVERSTEIN DIRECTOR 0.30 X 0 0 0 ANTHONY LEE DIRECTOR 0.30 X 0 0 0 AUGUST SODORA DIRECTOR 0.30 X 0 0 0 B FRANKLIN REINAUER DIRECTOR 0.30 X 0 0 0 BOB MARTIN DIRECTOR 0.30 X 0 0 0 BRENDAN O'DONNELL DIRECTOR 0.30 X 0 0 0 BRIAN JOHN CLARK DIRECTOR 0.30 X 0 0 0 CHRISTOPHER KASKER DIRECTOR 0.30 X 0 0 0 CINDY MYER DIRECTOR 0.30 X 0 0 0 CONRAD COLON DIRECTOR 0.30 X 0 0 0 CORETHIA VE OATES DIRECTOR 0.30 X 0 0 0 DALE CREAMER DIRECTOR 0.30 X 0 0 0 DANIEL M LESKO DIRECTOR 0.30 X 0 0 0 DAVID CAPODANNO DIRECTOR 0.30 X 0 0 0 DAVID REPETTO DIRECTOR 0.30 X 0 0 0 DEAN L THOMPSON DIRECTOR 0.30 X 0 0 0 DEBORAH D VISCONI DIRECTOR 0.30 X 0 0 0 DENNIS MIKULA DIRECTOR 0.30 X 0 0 0 DONALD F BUCKLEY DIRECTOR 0.30 X 0 0 0 DR KELLY BLUNDY DIRECTOR 0.30 X 0 0 0 EDWARD HOGAN DIRECTOR 0.30 X 0 0 0 ERIC M FRIEDMAN DIRECTOR 0.30 X 0 0 0 GIANFRANCO A PIETRAFESA ESQ DIRECTOR 0.30 X 0 0 0 GUILLERMO DE VEYGA DIRECTOR 0.30 X 0 0 0 JACQUELINE ESPINOZA DIRECTOR 0.30 X 0 0 0 JAMES A KOSCH DIRECTOR 0.30 X 0 0 0 JAMES D'AGOSTINO DIRECTOR 0.30 X 0 0 0 JAMES P ANELLI DIRECTOR 0.30 X 0 0 0 JASON POURAKIS DIRECTOR 0.30 X 0 0 0 JENNIFER SOLEWSKI DIRECTOR 0.30 X 0 0 0 JIM TROUWBOR DIRECTOR 0.30 X 0 0 0 JOHN BRENNAN DIRECTOR 0.30 X 0 0 0 JOHN CORCORAN DIRECTOR 0.30 X 0 0 0 JOHN MARCHIONI DIRECTOR 0.30 X 0 0 0 KEVIN JOYCE DIRECTOR 0.30 X 0 0 0 KEVIN LUING DIRECTOR 0.30 X 0 0 0 KEVIN O'CONNOR DIRECTOR 0.30 X 0 0 0 LAWRENCE INSERRA JR DIRECTOR 0.30 X 0 0 0 LOUIS WEISS DIRECTOR 0.30 X 0 0 0 MARTIN W KAFAFIAN ESQ DIRECTOR 0.30 X 0 0 0 MICHAEL A MARON DIRECTOR 0.30 X 0 0 0 MICHAEL MUNOZ DIRECTOR 0.30 X 0 0 0 MICHAEL SMILOVITCH DIRECTOR 0.30 X 0 0 0 NISHA M SIKDER DIRECTOR 0.30 X 0 0 0 NORMAN ALWORTH DIRECTOR 0.30 X 0 0 0 PATRICIA DIAZ DIRECTOR 0.30 X 0 0 0 PAUL KREIGER DIRECTOR 0.30 X 0 0 0 PAUL MAIDE DIRECTOR 0.30 X 0 0 0 PAUL MARDEN DIRECTOR 0.30 X 0 0 0 PETER WEBSTER DIRECTOR 0.30 X 0 0 0 RICHARD LAMBERT DIRECTOR 0.30 X 0 0 0 RICHARD M GOLDBERG DIRECTOR 0.30 X 0 0 0 RICHARD W ABRAMSON DIRECTOR 0.30 X 0 0 0 ROBERT IACULLO DIRECTOR 0.30 X 0 0 0 ROBERT P EVANS DIRECTOR 0.30 X 0 0 0 RON ANDERSEN DIRECTOR 0.30 X 0 0 0 SALLY GLICK DIRECTOR 0.30 X 0 0 0 STEVEN NAPOLITANO DIRECTOR 0.30 X 0 0 0 STEVEN SCHINELLA DIRECTOR 0.30 X 0 0 0 TERRIE O'CONNOR DIRECTOR 0.30 X 0 0 0 THOMAS P MCNABOLA DIRECTOR 0.30 X 0 0 0 TOBY BABEUF DIRECTOR 0.30 X 0 0 0 TODD GALANTE DIRECTOR 0.30 X 0 0 0 TODD HAY DIRECTOR 0.30 X 0 0 0 TRACY STRAKA DIRECTOR 0.30 X 0 0 0 ULISES DIAZ DIRECTOR 0.30 X 0 0 0 WENDY BLACHER DIRECTOR 0.30 X 0 0 0 WILLIAM J HELLER DIRECTOR 0.30 X 0 0 0 WILLIAM MURRAY DIRECTOR 0.30 X 0 0 0 ANTHONY RUSSO PRESIDENT 40.00 X 198630 0 45166 AUDREY MURPHY CHAIR 1.00 X 0 0 0 DAX STROHMEYER VICE CHAIR 1.00 X 0 0 0 DEL MCLENNON AT-LARGE MEMBER 1.00 X 0 0 0 DREW R MALDONADO AT-LARGE MEMBER 1.00 X 0 0 0 JOSEPH IMPERATO JR SECRETARY 1.00 X 0 0 0 KATHLEEN ALEXANDER TREASURER 1.00 X 0 0 0 KIM VIERHEILIG AT-LARGE MEMBER 1.00 X 0 0 0 LANNY S KURZWEIL COUNSEL 1.00 X 0 0 0 PAIGE DWORAK AT-LARGE MEMBER 1.00 X 0 0 0 PAUL HARENCAK AT-LARGE MEMBER 1.00 X 0 0 0 THOMAS SHARA DIRECTOR 1.00 X 0 0 0 WILLIAM C HANSON PAST CHAIR 1.00 X 0 0 0 198630 0 45166 1 0 1 0 0 610507 610507 PROGRAM REVENUE 900099 547695 547695 547695 11396 11396 ADVERTISING 513190 277708 277708 277708 1447306 547695 277708 11396 198631 293385 25276 48855 40813 45100 16999 7278 150362 16446 8862 8229 PRINTING AND PUBLICATIO 246603 PROGRAM EXPENSES 240106 MEMBERSHIP DEVELOPMENT 51201 COMMUNICATIONS 50601 53047 1501794 289517 374942 62383 63000 68930 64178 208278 3493 4605 72780 60795 20847 11985 0 13593 342983 667041 861693 174066 93968 35890 365128 209956 459096 X 457085 402597 457085 402597 667041 861693 -54488 0 X 1 X 0 1 0 0 1 0 4925 3520 1405 44263 40595 3668 23592 16680 6912 11985 SECURITY DEPOSITS 13593 ROU - OPERATING 320890 ROU - FINANCE 8500 342983 OPERATING LEASE LIABILITIES 356509 FINANCE LEASE LIABILITIES 8619 365128 X PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C) (6) AND CORRESPONDING STATE AND LOCAL CODE SECTIONS. THE ASSOCIATION ACCOUNTS FOR INCOME TAXES, UNDER THE ASSET AND LIABILITY APPROACH FOR FINANCIAL ACCOUNTING AND REPORTING FOR DEFERRED INCOME TAXES. DEFERRED INCOME TAXES ARISE FROM TEMPORARY DIFFERENCES BETWEEN THE FINANCIAL REPORTING BASIS AND THE TAX BASIS OF THE COMPANY'S ASSETS AND LIABILITIES. IN ADDITION, THE DEFERRED TAX ASSETS AND LIABILITIES ARE REQUIRED TO BE ADJUSTED FOR THE EFFECT OF ANY FUTURE CHANGES IN THE TAX LAW OR RATES. THE MEASUREMENT OF DEFERRED TAX ASSETS IS REDUCED, IF NECESSARY, BY A VALUATION ALLOWANCE FOR ANY TAX BENEFITS WHICH ARE NOT EXPECTED TO BE REALIZED. THE MANAGEMENT OF THE ASSOCIATION IS RESPONSIBLE FOR DETERMINING WHETHER A TAX POSITION TAKEN BY THE ASSOCIATION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON THE MERITS. THE ASSOCIATION HAS NO MATERIAL UNRECOGNIZED TAX POSITIONS AND HAS NOT RECOGNIZED, IN THESE CONSOLIDATED FINANCIAL STATEMENTS, ANY INTEREST OR PENALTIES RELATED TO INCOME TAXES, WHICH WOULD BE RECOGNIZED IN ADMINISTRATIVE EXPENSES SHOULD ANY BE RECOGNIZED. THE INCOME TAX RETURNS OF THE ASSOCIATION FOR 2021, 2022 AND 2023 ARE SUBJECT TO EXAMINATION BY THE IRS AND OTHER VARIOUS TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. X 0 0 0 ANTHONY RUSSO PRESIDENT 198630 0 0 0 0 0 0 0 45166 0 243796 0 0 0 PART I, LINE 3 THE PRESIDENT'S SALARY IS RECOMMENDED BY THE EXECUTIVE COMMITTEE AND REVIEWED/APPROVED BY THE BOARD OF DIRECTORS. XSOLUTIONS CONSULTING SERVICES LLC THE OWNER OF XSOLUTIONS, JOSEPH IMPERATO, IS ALSO AN OFFICER OF CIANJ 30872 XSOLUTIONS CONSULTING SERVICES HANDLES THE IT OPERATIONS OF CIANJ 0 FORM 990, PART VI, SECTION A, LINE 6 INDIVIDUALS, PARTNERSHIPS, COMPANIES, CORPORATIONS AND OTHER ORGANIZATIONS WHO ARE INTERESTED IN THE COMMERCIAL, INDUSTRIAL AND CIVIC GROWTH AND VITALITY OF THE STATE OF NEW JERSEY SHALL BE ELIGIBLE FOR MEMBERSHIP IN THE ASSOCIATION. MEMBERSHIP SHALL COMMENCE AFTER THE ACCEPTANCE BY THE PRESIDENT AND SHALL BE EFFECTIVE UPON THE DATE OF THEMEMBER'S PAYMENT OF THE ANNUAL DUES IN ADVANCE. MEMBERSHIP SHALL CONTINUE ON A YEAR-TO-YEAR BASIS WITH DUES PAYABLE ON THE ANNIVERARY DATE OF MEMBERSHIP. FORM 990, PART VI, SECTION A, LINE 7A THE CHAIR APPOINTS A NOMINATING COMMITTEE CONSISTING OF NO MORE THAN SEVEN MEMBERS, WHICH MEMBERSHIP SHALL CONSIST OF: THE PRESIDENT, PAST CHAIR WHO ARE CURRENTLY ACTIVE IN THE BUSINESS WORLD AND WHO SHALL BE SELECTED BY THE CHAIR WITH INPUT FROM THE PRESIDENT AND IF NECESSARY DUE TO AN INSUFFICIENT NUMBER PF PAST CHAIRS WHO ARE CURRENTLY ACTIVE IN THE BUSINESS WORLD, CURRENT MEMBERS OF THE BOARD OF DIRECTORS WHO SHALL BE SELECTED BY THE CHAIR WITH INPUT FROM THE PRESIDENT, BUT SHALL NOT INCLUDE THE CHAIR OR ANY OTHER MEMBER OF THE EXECUTIVE COMMITTEE. THIS COMMITTEE SHALL SELECT NOMINEES TO BE THE ASSOCIATION'S OFFICERS AND DIRECTORS FOR THE APPROPRIATE TERMS OF OFFICE. CANDIDATES FOR OFFICERS AND DIRECTORS WHO RECEIVE THE MAJORITY OF VOTESCAST BY ELIGIBLE DUES-PAYING MEMBERS IN GOOD STANDING SHALL BE DECLARED ELECTIVE. THE CHAIR SHALL HAVE THE UNITATERAL RIGHT TO DETERMINE THE METHOD OF VOTING AND THE CHAIR'S JUDGMENT SHALL BE FINAL. FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS PROVIDED TO THE BOARD MEMBERS TO REVIEW BEFORE THE PRESIDENT SIGNS THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE DIRECTORS ARE SHOWN THE WRITTEN CONFLICT OF INTEREST POLICY AND THEY ACKNOWLEDGE THAT THEY HAVE READ AND ABIDE BY THEM. FORM 990, PART VI, SECTION C, LINE 18 THE RETURN IS AVIALABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE RETURN IS AVIALABLE UPON REQUEST. FOUNDATION FOR FREE ENTERPRISE 365 WEST PASSAIC STREET SUITE 490 ROCHELLE PARK NJ 07662 510165577 TO EXPLORE THE FREE MARKET NJ 501(C)(3) LINE 10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0