2026-06-11T07:38:14-07:00 2025-12-31 431982864 Murray and Becker LLC 1640 Tilton Rd Northfield NJ 08225 990EZ 2025-01-01 222642077 NEW JERSEY STATE POLICEMENS 65 MARGATE PBA NEWJ 6098649527 111 DECATUR AVENUE MARGATE CITY NJ 08402 JOSHUA DONOVAN Treasurer 2026-06-11 true Matthew A Stewart CPA P03275902 6096410880 2025 2025-03-06 01:10:19Z X X N/A X X 70257 X 70248 9 0 0 0 0 70257 6450 41318 47768 22489 77578 100067 77578 100067 77578 100067 77578 100067 CHARITABLE CONTRIBUTIONS AND OFFICERS' FAMILIES SUPPORT MAKE DONATIONS TO VARIOUS CIVIC ASSOCIATIONS, FOR COMMUNITY HEALING AND PROVIDES RETIREMENT FUNDS TO MEMBERS. JAMES COSTA Trustee 2.00 2400 MICHAEL HEATH President 2.00 1800 JOSHUA DONOVAN Treasurer 2.00 750 AMY MACLEAN Vice President 2.00 550 CHRISTOPHER BRADLEY Secretary 2.00 25 STEPHEN EDELBACH Trustee 2.00 125 JOHN SCHALL Trustee 2.00 750 BRENDAN CAMPBELL Trustee 2.00 50 false false false false false false false 0 0 0 0 0 false JOSHUA DONOVAN 111 DECATUR AVENUE MARGATE CITY NJ 08402 6098649527 false false false false false false false false NONE NONE Other Expenses.1001 Advertising and Promotion $500 Other Expenses.1007 Conferences, Conventions, and Meetings $5774 Other Expenses.1 FUNDRAISING $11802 Other Expenses.2 CONTRIBUTIONS $11522 Other Expenses.3 SUPPLES $8124 Other Expenses.4 STATE PBA FAMILY CARDS $1740 Other Expenses.5 DUES & SUBSCRIPTIONS $1097 Other Expenses.6 TROPHIES AND AWARDS $500 Other Expenses.7 LICENSES & PERMITS $130 Other Expenses.8 BANK CHARGES $129 Statement Note 1 Capitalization policy Adoption Date January 1,2014Purpose: This capitalization policy is being adopted for book purposes in consideration of and pursuant to Internal Revenue Service (IRS) imposition of finalized Tangible Property Regulations (TPR) (Reg. 1.162-3, 1.162-4, 1.263(a)-2, 1.263(a)-3, TD 9636, 2013-43 IRB 331,78 Fed. Reg. 5786) and pertains to amount paid to acquire, produce, or improve tangible property. This policy is intended to conform to the regulations as a means of distinguishing capital expenditures from supplies, repairs, maintenance, and other deductible business expenses. I. Materials & Supplies A. Defined as:1. Component parts to maintain, repair or improve real property2. Fuel, lubricants, water- to be consumed in 12 months or less3. Units of property costing $2,500 or less (Safe Harbor election is to be considered annually for tax purposes. If this election is NOT made annually, then the threshold is reduced to $200 for tax purposes)4. Units of property with useful life of 12 months or lessB.Expensed when paid if incidental (if cash basis) provided income is clearly reflected- i.e. carried on hand and no record of consumption or physical inventoryC.Expensed when used in non-incidental and not de minimis ($2,500 or less).(De Minimis Safe Harbor is to be considered annually for tax purposes).II. Costs that must be capitalized: costs resulting in A.Betterments-1. Corrects pre-acquisition or production defect2. Material addition3. Reasonably expected to increase capacity, productivity, efficiency, etc.B. Adaptations- to a new or different useC. Restorations1. Replace component of unit of property where deducted loss for that component, or sold that component and recognized gain or loss2. Returns a unit of property to operating when deteriorated and no longer functional for its intended use 3. Rebuilding of unit of property to like-new after the end of its class life4. Replacement part(s) that comprises major component (e.g.40%) of the unit of propertyIII. Cost of routine maintenance is not required to be capitalized. Routine includes:A. Expenses such as inspection, cleaning, testing, and replacing partsB. For buildings- expected to be incurred more than once in 10-year periodC. For non-buildings- expected to be incurred more than once in class lifeIV. Unit of Property- (Adopted from IRS Definition)A. Buildings-Comprised of its Structural component its Systems components:1. Structural component- the "structure or edifice enclosing a space within its walls, and usually covered by a roof"2. Component Systems-HVAC, plumbing, electrical, escalators, elevators, fire/alarm systems, security systems, gas distributions systems3. For leased building- each building & structural component (if lease entire building) or portion of each building subject to lease (if lease a portion of the building)B. Other than building-functionally interdependent components placed in service at same time in order to perform their intended function. Functionally interdependent- each desk is a unit, each chair is a unit, each book shelf is a unit, each computer, each printer, etc.C. Special rules for plant property, network (railroad, oil/gas, etc.) property, rotable spare parts