2026-08-26T11:42:01-05:00 2025-12-31 410746749 CLIFTONLARSONALLEN LLP 293 EISENHOWER PARKWAY 2ND FLOOR LIVINGSTON NJ 07039 990 2025-01-01 237448729 SPECIAL OLYMPICS NEW JERSEY INC SPEC 6098968000 1 EUNICE KENNEDY SHRIVER WAY LAWRENCEVILLE NJ 08648 HEATHER ANDERSEN PRESIDENT AND CEO 6098968000 2026-08-26 1 TARA DEL GAVIO P02438051 9739949494 2026-08-26 2025 2025-03-06 01:10:19Z HEATHER ANDERSEN 1 EUNICE KENNEDY SHRIVER WAY LAWRENCEVILLE NJ 08648 14818310 0 X WWW.SONJ.ORG X 1973 NJ TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC-TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES, GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN SHARING GIFTS, SKILLS AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY. 25 25 63 16056 0 0 11418376 10124848 0 0 512444 746882 -629671 -440012 11301149 10431718 16931 3293 0 0 4699834 5087527 0 0 951270 5250615 5131700 9967380 10222520 1333769 209198 22822982 24317440 1388601 1373194 21434381 22944246 X TO PROVIDE YEAR-ROUND SPORTS TRAINING AND ATHLETIC COMPETITION IN A VARIETY OF OLYMPIC TYPE SPORTS FOR CHILDREN AND ADULTS WITH INTELLECTUAL DISABILITIES, GIVING THEM CONTINUING OPPORTUNITIES TO DEVELOP PHYSICAL FITNESS, DEMONSTRATE COURAGE, EXPERIENCE JOY AND PARTICIPATE IN SHARING GIFTS, SKILLS AND FRIENDSHIP WITH THEIR FAMILIES, OTHER SPECIAL OLYMPICS ATHLETES AND THE COMMUNITY. 0 0 9027597 3293 SPECIAL OLYMPICS NEW JERSEY (SONJ) REMAINS FINANCIALLY STRONG THROUGH ITS DIVERSE REVENUE STREAMS THAT INCLUDE SPECIAL EVENT FUNDRAISING, CORPORATE PARTNERS, INDIVIDUAL DONORS, AND GRANT FUNDING. EVEN WITH A SETBACK FROM SOME GRANT FUNDING, SONJ REMAINS TO EXPERIENCE A STRONG FINANCIAL POSITION THROUGH DEDICATED SUPPORT FROM ALL CONSTITUENTS. *OUR NON-OPERATING LONG-TERM INVESTMENTS AND INTEREST-BEARING ACCOUNTS EXPERIENCED CONSIDERABLE GROWTH DURING 2025, REACHING MARKET BENCHMARKS. 9027597 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 25 0 1 63 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 0 0 1 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 NJ X X CHERYL WILLIS 6098968000 1 EUNICE KENNEDY SHRIVER WAY LAWRENCEVILLE NJ 08648 JASON FINKELSTEIN CHAIRPERSON 1.00 X X 0 0 0 ANGELO J ONOFRI 1ST VICE CHAIRMAN 1.00 X X 0 0 0 RENEE ALTOMONTE 2ND VICE CHAIRMAN 1.00 X X 0 0 0 MATTHEW B MCDONALD III MD SECRETARY 1.00 X X 0 0 0 JOEL WAGNER TREASURER 1.00 X X 0 0 0 LORI ACKER BOARD MEMBER 1.00 X 0 0 0 JIM ANDERSON BOARD MEMBER 1.00 X 0 0 0 RET CHIEF ROBERT BELFIORE BOARD MEMBER 1.00 X 0 0 0 ELIZABETH BERMAN BOARD MEMBER 1.00 X 0 0 0 ADAM ENG BOARD MEMBER 1.00 X 0 0 0 LISA GLESIAS BOARD MEMBER 1.00 X 0 0 0 KEVIN BURKE BOARD MEMBER 1.00 X 0 0 0 TONY JULIANO BOARD MEMBER 1.00 X 0 0 0 JENNIFER LOMBARDI BOARD MEMBER 1.00 X 0 0 0 JARED CULOTTA BOARD MEMBER 1.00 X 0 0 0 COLLEEN MAGUIRE BOARD MEMBER 1.00 X 0 0 0 GREG MATTEO BOARD MEMBER 1.00 X 0 0 0 MICHAEL MUNOZ BOARD MEMBER 1.00 X 0 0 0 PAUL PRIOR BOARD MEMBER 1.00 X 0 0 0 JENNIFER PUETZER BOARD MEMBER 1.00 X 0 0 0 JOSEPH RITZEL BOARD MEMBER 1.00 X 0 0 0 MIKE WALLACE BOARD MEMBER 1.00 X 0 0 0 JOHN WOODRUFF BOARD MEMBER 1.00 X 0 0 0 MELISSA STONE BOARD MEMBER 1.00 X 0 0 0 JASON READ BOARD MEMBER 1.00 X 0 0 0 HEATHER ANDERSEN PRESIDENT & CEO 45.00 X 331330 0 61739 CHERYL WILLIS VP OF FINANCE & ADMINISTRA 45.00 X 131866 0 21537 CARMEN BANNON CHIEF COMMUNITY AFFAIRS OF 45.00 X 180542 0 40340 WILLIAM DEPONTE CHIEF OPERATIONS OFFICER 45.00 X 160826 0 11203 DIANE PARASKEVAS VP OF CORPORATE DEVELOPMEN 45.00 X 139797 0 38323 JEFFREY BALDINO SR. DIRECTOR OF PROGRAM 45.00 X 125243 0 50641 BETH STARR DIRECTOR OF COPORATE PARTNERSHIPS 45.00 X 120484 0 23206 1190088 0 246989 7 0 1 0 0 4329944 1609392 4185512 530572 10124848 481765 481765 2938575 2673458 265117 265117 265117 1188586 4329944 1706182 -517596 -517596 49536 6952 42584 42584 SPONSORSHIP REVENUE 900099 35000 35000 35000 10431718 0 0 306870 3293 3293 606017 502993 24241 78783 3239530 2688811 129580 421139 150419 124848 6017 19554 819452 680144 32779 106529 272109 225851 10884 35374 43151 39207 601 3343 107727 98107 1255 8365 629575 572028 8773 48774 1245343 1223542 21801 198068 59282 2884 135902 82712 76947 1605 4160 68823 66154 628 2041 446768 404193 11016 31559 193743 182968 2677 8098 COMPETITION COSTS 1549884 1549884 CHAPTER FEES 163765 163765 TRAINING 124616 120536 960 3120 REPAIRS AND MAINTENANCE 123573 113981 2356 7236 153952 131063 7397 15492 10222520 9027597 243653 951270 534493 1238862 2524464 2420697 906547 306530 219401 339851 10837685 5770626 5425690 5067059 12257250 14372075 955137 572366 22822982 24317440 684487 577308 704114 795886 1388601 1373194 X 21434381 22944246 21434381 22944246 22822982 24317440 209198 1300667 0 X X 0 1 X 1 0 X 8099911 9492938 8936521 11418376 10124848 48072594 8099911 9492938 8936521 11418376 10124848 48072594 5729093 42343501 132403 105432 166639 333771 411920 1150165 6988 30000 36988 49259747 0.85960 0.84780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 700000 700000 8651774 4869019 3782755 1433042 901607 531435 52869 52869 5067059 X 13643855 1300667 1494899 524548 3320114 10323741 107977 107977 10431718 12133990 1494899 524548 2019447 10114543 107977 107977 10222520 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF DECEMBER 31, 2025 AND 2024, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST EXPENSE AND PENALTIES IF ANY, IN GENERAL AND ADMINISTRATIVE EXPENSES. NO SUCH AMOUNTS HAVE BEEN RECORDED FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSE PART XII, LINE 2D - OTHER ADJUSTMENTS: EVENT EXPENSE PART XIII, LINE 2D COMBINED DIRECT DONOR BENEFITS AND SPECIAL EVENT EXPENSES INTO TOTAL EVENT EXPENSE FOR FORM 990 REPORTING PURPOSES. PLUNGE AT SEASIDE 2527090 2118790 408300 609028 SNOWBOWL 528077 333982 194095 212748 23 2463363 1877172 586191 460994 159393 207213 56806 5518530 4329944 1188586 460994 159393 207213 878582 1706182 -517596 49536 6952 0 49536 6952 6952 42584 NJ NJ 1 0 0 0 0.00000 1.00000 MARGE KOVACH 1 EUNICE KENNEDY SHRIVER WAY LAWRENCEVILLE NJ 08648 0 0 X X X X 0 0 0 0 0 0 0 1 0 HEATHER ANDERSEN PRESIDENT & CEO 293117 0 35000 0 3213 0 19835 0 41904 0 393069 0 0 0 CARMEN BANNON CHIEF COMMUNITY AFFAIRS OF 171436 0 6773 0 2333 0 11640 0 28700 0 220882 0 0 0 DIANE PARASKEVAS VP OF CORPORATE DEVELOPMEN 134270 0 5527 0 0 0 9661 0 28662 0 178120 0 0 0 JEFFREY BALDINO SR. DIRECTOR OF PROGRAM 120159 0 5084 0 0 0 8737 0 41904 0 175884 0 0 0 WILLIAM DEPONTE CHIEF OPERATIONS OFFICER 152826 0 8000 0 0 0 10798 0 405 0 172029 0 0 0 CHERYL WILLIS VP OF FINANCE & ADMINISTRA 123866 0 8000 0 0 0 8735 0 12802 0 153403 0 0 0 PART I, LINE 3 THE CHAIRPERSON REVIEWS THE CEO'S COMPENSATION AND HISTORY OF COMPENSATION. THEY ALSO RESEARCH OTHER NON-PROFIT SALARIES IN THE REGION TO CALCULATE A RAISE AND BONUS. THIS IS THEN APPROVED BY THE EXECUTIVE COMMITTEE AND REPORTED TO THE CEO AND VP OF FINANCE TO PROCESS PART I, LINE 7 INCLUDED IN PART II, COLUMN B(II) ARE AMOUNTS REPRESENTING BONUS PAYMENTS. THESE AMOUNTS WERE APPROVED BY THE BOARD AND INCLUDED IN THE INDIVIDUAL'S W-2. X OTHER SUPPLIES 17997 287698 FMV X TICKETS 3146 176909 FMV X EQUIPMENT 818 68125 FMV 0 0 0 PART I, COLUMN (B): FOR ALL SUPPLIES, TICKERS AND EQUIPMENT CATEGORIES, THE NUMBER OF CONTRIBUTIONS REPRESENTS THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 4 DURING THE YEAR, THE ORGANIZATION APPROVED AMENDMENTS TO ITS BYLAWS TO MODERNIZE GOVERNANCE PRACTICES AND BETTER ALIGN WITH CURRENT OPERATIONS. CHANGES INCLUDED UPDATES TO MEETING PROCEDURES AND REMOTE ATTENDANCE PROVISIONS, COMMITTEE STRUCTURE AND RESPONSIBILITIES, OFFICER AUTHORITY LIMITS, CONFLICT-OF-INTEREST DISCLOSURE REQUIREMENTS, AND THE PROCESS FOR AMENDING THE BYLAWS. FORM 990, PART VI, SECTION A, LINE 8B THE SEPARATE COMMITTEES ON THE SONJ BOARD ARE FOR OVERSITE, BUT NOT DECISION MAKING. ALL FINAL DECISIONS OR APPROVAL ARE DONE AT THE FULL BOARD LEVEL. FORM 990, PART VI, SECTION B, LINE 11B THE 990 DRAFT WILL BE REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AUDIT COMMITTEE. THE 990 WILL THEN BE PRESENTED AT THE NEXT BOARD OF TRUSTEES MEETING FOR A MOTION. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL SIGN OFF AND REVIEW BY EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO'S ANNUAL SALARY AND BONUS IS DETERMINED BY THE BOARD CHAIR. THEY ARE GIVEN THE HISTORY OF THE CEO'S SALARY AND BONUS AND AN EXPLANATION OF HOW STAFF SALARIES ARE DETERMINED. WITH EACH CHANGE IN BOARD CHAIR, THEY WOULD TALK WITH THE PREVIOUS BOARD CHAIR ALSO. THE BOARD CHAIR THEN MEETS WITH THE EXECUTIVE COMMITTEE TO AGREE ON THE ANNUAL INCREASE AND BONUS AND REPORTS TO THE VP OF FINANCE WITH THEIR DECISION. THE ANNUAL SALARY INCREASES FOR ALL STAFF INCLUDING MANAGEMENT, HAS BEEN A STANDARD PERCENTAGE INCREASE UNLESS THERE IS A TITLE CHANGE OR INCREASED RESPONSIBILITIES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.