2026-04-03T14:55:51-05:00 2025-06-30 WITHUMSMITHBROWNPC 4600 EAST WEST HWY 900 BETHESDA MD 208143423 990 2024-07-01 221152260 New Jersey Bankers Association % MICHAEL AFFUSO NEWJ 9082728500 411 North Avenue East Cranford NJ 07016 MICHAEL AFFUSO PRESIDENT & CEO 9083244028 2026-05-15 true true Shawn Gillon P01301805 3012726000 2024 2025-03-06 01:10:19Z MICHAEL AFFUSO 411 North Avenue East Cranford NJ 07016 4077487 false X WWW.NJBANKERS.COM X 1908 NJ THE NJ BANKERS ASSOCIATION'S PRIMARY MISSION IS TO REPRESENT ITS MEMBERSHIPS' INTERESTS BEFORE STATE AND FEDERAL GOVERNMENT AND REGULATORY AUTHORITIES. 25 25 10 25 91315 47288 0 0 3450268 3243428 149062 210782 577100 623277 4176430 4077487 296784 348895 0 0 1952542 1984074 0 0 0 1692737 1759246 3942063 4092215 234367 -14728 6122030 6136299 993190 1014187 5128840 5122112 X THE NEW JERSEY BANKERS ASSOCIATION IS AN ADVOCATE FOR THE NEW JERSEY BANKING INDUSTRY. ITS PRIMARY MISSION IS TO REPRESENT ITS MEMBERSHIPS' INTERESTS BEFORE STATE AND FEDERAL GOVERNMENT AND REGULATORY AUTHORITIES. IN ADDITION, NJ BANKERS PROVIDES ITS MEMBERS WITH SERVICES AND SUPPORT IN PUBLIC AND MEDIA RELATIONS, EDUCATION AND EMPLOYEE HEALTH INSURANCE BENEFIT PROGRAMS AND IN MEETING COMMUNITY REINVESTMENT ACT REGULATIONS. false false ANNUAL CONVENTION: EDUCATION FOR SENIOR MANAGEMENT IN THE BANKING INDUSTRY AND ANNUAL MEETING TO PROVIDE INFORMATION AND COORDINATE ACTIVITIES AFFECTING MEMBER ASSOCIATIONS. SENIOR MANAGEMENT CONFERENCE: EDUCATION FOR SENIOR MANAGEMENT IN THE BANKING INDUSTRY. DIRECTORS & OFFICERS CONFERENCE: EDUCATION FOR SENIOR MANAGEMENT IN THE BANKING INDUSTRY. false false true true false false false false false true true false false true true false true false false false false false false false false false true false true false false false false false false false false false false false true true true false true 20 0 true 10 true true true false false false false false false false X 25 25 true false false false true true false true true false false true true true true true true true false false X MICHAEL AFFUSO 9082728500 411 NORTH AVENUE EAST CRANFORD NJ 07016 MICHAEL AFFUSO PRESIDENT/CEO 35.0 1.0 X 498740 0 47146 JENNIFER ZORN VP/EDUC/DIR BUS DEVELOPMENT 35.0 0.0 X 207419 0 31369 BRITTANY WHEELER VP/Director of GovT AffaIRS 35.0 0.0 X 186084 0 26648 JOHN MANGINI VP/DIRECTOR OF MARKETING & COM 35.0 0.0 X 152411 0 25496 EDWARD YAKELY VP of Finance 35.0 0.0 X 140934 0 26185 JESSICA JAKOBSON VP OF PROF. DEVELOPMENT 35.0 0.0 X 130257 0 13541 Andrea Ganzman Dir/Digital Mktg & Creative 35.0 0.0 X 102214 0 9488 Patrick L Ryan CHAIR 1.0 0.2 X X 0 0 0 Craig L Montanaro FIRST VICE CHAIR 1.0 0.2 X X 0 0 0 Elizabeth Magennis SECOND VICE CHAIR 1.0 0.2 X X 0 0 0 Steven M Klein IMMEDIATE FORMER CHAIR 1.0 0.2 X X 0 0 0 Christopher D Maher FORMER CHAIR 1.0 0.2 X X 0 0 0 John M Bonhomme Member 1.0 0.0 X 0 0 0 John Borelli Jr MEMBER 1.0 0.0 X 0 0 0 Matthew Carcich MEMBER 1.0 0.0 X 0 0 0 John V DeSclafani MEMBER 1.0 0.0 X 0 0 0 Edward Dietzler MEMBER 1.0 0.0 X 0 0 0 Catherine D Franzoni MEMBER 1.0 0.0 X 0 0 0 Jorge S Gomes Esq MEMBER 1.0 0.0 X 0 0 0 James A Hughes MEMBER 1.0 0.0 X 0 0 0 Thomas J Kemly MEMBER 1.0 0.0 X 0 0 0 Anthony Labozzetta MEMBER 1.0 0.0 X 0 0 0 Kevin M Lenihan MEMBER 1.0 0.0 X 0 0 0 Martin P Melilli MEMBER 1.0 0.0 X 0 0 0 Donald Mindiak MEMBER 1.0 0.0 X 0 0 0 James D Nesci MEMBER 1.0 0.0 X 0 0 0 Kevin B Peterson MEMBER 1.0 0.0 X 0 0 0 Jane E Rey MEMBER 1.0 0.0 X 0 0 0 Robert Rey MEMBER 1.0 0.0 X 0 0 0 Ira Robbins MEMBER 1.0 0.0 X 0 0 0 Michael A Shriner MEMBER 1.0 0.0 X 0 0 0 Kenneth R Totten MEMBER 1.0 0.0 X 0 0 0 1418059 0 179873 7 false true false GIBBONS PC One Gateway Center NEWARK NJ 07102 LEGAL SERVICES 166793 INTEGRIS LLC PO Box 674539 DALLAS TX 75267 IT Services 115330 2 0 CONVETIONS AND OTHER MEETING REVENUES 561920 1748142 1748142 ASSOCIATION MEMBERSHIP DUES 813920 1495286 1495286 3243428 210782 210782 0 185653 185653 32400 32400 0 32400 32400 0 0 0 0 0 0 0 0 0 0 REIMBURSEMENTS 541800 295000 295000 MARKETING FEES 541800 85000 85000 ASSOCIATION PUBLICATION INCOME 541800 6315 6315 18909 18909 405224 4077487 3557337 91315 428835 348895 0 0 0 803658 0 890564 76023 96237 117592 0 14055 181228 0 0 0 25000 11844 79519 197508 0 167255 7469 0 836891 0 0 51185 78720 FEDERAL INCOME UBIT EXPENSE 108572 4092215 X 338128 336544 4614066 4815086 0 0 202540 222064 0 0 0 0 0 0 0 0 65378 61824 921626 861433 93398 60193 0 0 482647 494912 0 0 0 0 325873 145676 6122030 6136299 482003 593287 0 0 178326 274742 0 0 0 0 0 0 0 0 0 0 332861 146158 993190 1014187 X 5128840 5122112 0 0 5128840 5122112 6122030 6136299 X -14728 8000 X false true X true false 259300 259300 259300 true ALEX SAUICKIE FOR ASSEMBLY PO Box 999 Edison NJ 08818 883801709 1700 0 ANTHONY BUCCO FOR SENATE 17 Condit Street Succasunna NJ 07876 844312830 600 0 Asbury Park Music Foundation 621 Lake Avenue Unit 1C Asbury Park NJ 07712 452675974 2500 0 AUTH FOR ASSEMBLY 85 PLEASANT AVENUE BERGENFIELD NJ 07621 5500 0 Azzariti for ASSEMBLY PO Box 8656 Sommerville NJ 08876 2000 0 BARLAS ELECTION FUND PO Box 122 CEDAR GROVE NJ 07009 883827743 11000 0 BERGEN FOR ASSEMBLY PO BOX 565 DENVILLE NJ 07834 301080260 1000 0 BILL MOEN FOR ASSEMBLY PO BOX 1003 CAMDEN NJ 08101 834249407 1000 0 CALABRESE FOR ASSEMBLY 12 North Rt 17 Suite 320 Paramus NJ 07652 823792761 4500 0 Caridad Rodriguez for Commissioner 6123 Highland Place West New York NJ 07093 820713005 1000 0 CAROL MURPHY FOR ASSEMBLY PO BOX 181 MOUT LAUREL NJ 08054 820713005 500 0 Chris Vergano Campaign 11 Irene Place Wayne NJ 07470 500 0 Ciattarelli for Governor PO Box 225 Annandale NJ 08801 5800 0 CLIFTON FOR ASSEMBLY 237 MATAWAN AVENUE MATAWAN NJ 07747 451585878 7000 0 CODY MILLER FOR ASSEMBLY PO BOX 1368 BLACKWOOD NJ 08012 4000 0 COMMITTEE TO ELECT LANZA COMMISSIONER 5 Main Street Flemington NJ 08822 4000 0 CTE ANGELA MCKNIGHT 91 ARLINGTON AVENUE JERSEY CITY NJ 07305 500 0 CTE BRITNEE TIMBERLAKE TO SENATE PO BOX 5052 EAST ORANGE NJ 07019 5500 0 CTE PATRICK DIEGNAN PO BOX 736 SOUTH PLAINFIELD NJ 07080 223804939 750 0 CTRE CARMEN MORALES 1612 HAMILTON STREET BELLVILLE NJ 07109 4000 0 DANIELSEN FOR ASSEMBLY 12 North State Rt 17 Ste 320 Paramus NJ 07652 475137956 800 0 DAWN FANTASIA FORAS ASSEMBLY PO BOX 999 EDISON NJ 08818 2500 0 DiMaio for Assembly 15 Reese Avenue Hackettstown NJ 07840 863308197 10000 0 DiROCCO FOR COMMISSIONER PO BOX 999 EDISON NJ 08818 833941565 1000 0 Donald DeDio for Council 19 Larkspur Road Wayne NJ 07470 500 0 DONLON FOR ASSEMBLY PO BOX 579 OAKHURST NJ 07755 922069985 500 0 EFO AURA DUNN FOR ASSEMBLY PO BOX 999 EDISON NJ 08810 2500 0 EFO CHRISTOPHER P DEPHILLIPS PO BOX 454 MIDLAND PARK NJ 07432 823760288 10000 0 EFO D'Angelo & Capo for Council 53 Hyde Court Bedminster NJ 07921 2500 0 EFO JIM BEACH FOR SENATE 2240-15 ROUTE 70 CHERRY HILL NJ 08002 2000 0 EFO KARABINCHAK FOR ASSEMBLY 49 VORHEES PLACE METUCHEN NJ 08840 750 0 LOUIS D GREENWALD for assembly 2240-15 ROUTE 70 CHERRY HILL NJ 08002 223565484 5500 0 EFO Melinda Kane for ASSEMBLY 2240-15 Rt 70 Cherry Hill NJ 08002 5000 0 EFO SENATOR PAUL SARLO 110 10TH STREET WOODRIDGE NJ 07075 2500 0 EFO SPEARMAN FOR ASSEMBLY PO BOX 1003 CAMDEN NJ 08101 300 0 EFO YVONNE LOPEZ 12 North Rt 17 Suite 320 Paramus NJ 07652 815263516 5200 0 Fanny Cedeno for Commissioner 6123 Highland Place West New York NJ 07093 1000 0 FREIMAN FOR ASSEMBLY 601 ROUTE 206 SUITE 26 - PMB 302 Hillsborough NJ 08844 820708525 5500 0 FRIENDS OF BENJIEWI WIMBERLY PO BOX 365 ELMWOOD PARK NJ 07407 271515600 1000 0 Friends of Golden for Sheriff PO BOX 999 EDISON NJ 08818 1500 0 FRIENDS OF TOM ARNONE FOR COMMISSIO PO Box 122 Cedar Grove NJ 07009 1000 0 FRIENDS OF TONY PERRY PO BOX 999 EDISON NJ 08818 500 0 Gabe Rodriguez for Assembly 12 North State Route 17 Ste 320 Paramus NJ 07652 931650440 4500 0 GANNON FOR SHERIFF PO BOX 007 SUCCASUNNA NJ 07876 475647181 1000 0 GOPAL FOR SENATE PO BOX 579 OAKHURST NJ 07755 815063229 2700 0 GUARDIAN & SWIFT FOR ASSEMBLY PO Box 629 Northfield NJ 08225 871617140 9100 0 Hanlon for County Clerk PO BOX 999 EDISON NJ 08818 1500 0 HUTCHINSON FOR ASSEMBLY PO BOX 1368 BLACKWOOD NJ 08012 923264896 1500 0 INGANANORT FOR ASSEMBLY 17 CONDIT STREET SUCCASUNNA NJ 07876 820895109 2000 0 Jessica Ramirez for Assembly PO BOX 69 JERSEY CITY NJ 07303 1000 0 KANITRA FOR ASSEMBLY PO BOX 122 SUITE 3 CEDAR GROVE NJ 07009 922806251 2500 0 KEEP MORRIS STRONG 17 CONDIT STREET SUCCASUNNA NJ 07876 250 0 LAGANA FOR SENATE 12 North Route 17 Street 320 Paramus NJ 07652 463231268 5000 0 LISA SWAIN FOR STATE ASSEMBLY 12 North Route 17 Street 320 Paramus NJ 07652 830673819 4000 0 Mayfair Media 623 Eagle Rock Avenue 322 West Orange NJ 07052 1500 0 MICHELE MATSIKOUDIS FOR ASSEMBLY PO Box 462 New Providence NJ 07974 862915610 7500 0 MIKIE SHERRILL FOR GOVERNOR PO Box 43032 Montclair NJ 07043 5800 0 Moriarty for Senate PO Box 1368 Blackwood NJ 08012 650 0 MUNOZ FOR ASSEMBLY 14 12thAvenue Seaside Park NJ 08752 862606270 7000 0 NJ LEGISLATIVE LATINO CAUCUS PO BOX 294 PATERSON NJ 075092696 1000 0 NJ ORGANIZATION FOR A BETTER S PO BOX 1600 TRENTON NJ 08607 5000 0 NJCM 116 W STATE STREET 1ST FLOOR Trenton NJ 08608 500 0 O'SCANLON FOR SENATE PO Box 408 Bayville NJ 08721 814700665 1000 0 PARK FOR ASSEMBLY 12 North Rt 17 Suite 320 Paramus NJ 07652 871424730 4500 0 PETERPAUL FOR ASSEMBLY PO Box 579 Oakhurst NJ 07755 921850721 4000 0 PETERSON FOR ASSEMBLY 49-51 MAIN STREET SUITE 2 CCLINTON NJ 08809 1000 0 PINTOR MARIN FOR STATE ASSEMBLY 145 Clifford Street Newark NJ 07105 463740256 3500 0 QUIJANO FOR ASSEMBLY 3 Eli Road Colonia NJ 07067 2000 0 ROSY BAGLIONE FOR ASSEMBLY PO BOX 369 LIVINGSTON NJ 07039 881540010 500 0 ROWAN UNIVERSITY FOUNDATION 201 MULLICA HILL ROAD GLASSBORO NJ 08028 222482802 1750 0 SAMPSON FOR ASSEMBLY 12 North Rt 17 Suite 320 Paramus NJ 07652 862733807 150 0 SCHAER FOR ASSEMBLY 511 Passaic Avenue Passaic NJ 07055 203977878 5500 0 SCHARFENBERGER FOR ASSEMBLY PO BOX 999 EDISON NJ 08818 5000 0 SCHEPISI FOR ASSEMBLY PO BOX 8656 SOMERVILLE NJ 08876 453234102 1000 0 SCHNALL FOR 30TH ASSEMBLY 12 North State Route 17 Suite 320 Paramus NJ 07652 933337079 1000 0 SEAN KEAN FOR ASSEMBLY PO Box 408 Bayville NJ 08721 922534781 5200 0 SERGIO GRANADOS FOR ASSEMBLY 550 RICHMOND STREET ELIZABETH NJ 07202 3500 0 SOMERVILLE REPUBLICAN CAMPAIGN 35 W High Street Somerville NJ 08876 300 0 STANLEY FOR ASSEMBLY PO BOX 895 East Brunswick NJ 08850 861385941 1500 0 Team Mundell 199 Memorial Parkway Bloomfield NJ 07003 1000 0 THE SIRES TEAM FOR WNY 6123 Highland Place West New York NJ 07093 1500 0 TULLY FOR ASSEMBLY 12 North Route 17 St Ste 320 Paramus NJ 07652 831198263 3500 0 VENEZIA FOR ASSEMBLY 12 North State Route 17 Suite 320 Paramus NJ 07652 5000 0 VICKY FLYNN FOR NJ ASSEMBLY PO Box 999 Edison NJ 08818 862145348 8000 0 Vincent Panico for Readington Twp Cmte 531 Rt 22 East PMB223 White House Station NJ 08889 500 0 WEBBER FOR ASSEMBLY PO BOX 5076 PARSIPPANY NJ 07054 204447082 5000 0 WPCNJ PO BOX 3642 UNION NJ 07033 312502111 3000 0 ZWICKER FOR SENATE PO BOX 16 KINGSTON NJ 08528 854265632 1000 0 false false true 1381325 831169 0 831169 831169 0 SCHEDULE C, PART I-A, LINE 1: THE ASSOCIATION MAKES CONTRIBUTIONS THAT SUPPORT OR OPPOSE CANDIDATES FOR ELECTIVE STATE OR LOCAL PUBLIC OFFICE. 157500 156899 601 764126 704534 59592 60193 INVESTMENT IN BCG 311430 C INVESTMENT IN NJBANKERS BUS. 183482 C 494912 0 RIGHT OF USE LEASE LIABILITY 146158 146158 X SCHEDULE D, PART X, LINE 2 - FIN 48 (ASC 740) FOOTNOTE: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND 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 YEARS ENDED JUNE 30, 2025 AND 2024, THE ORGANIZATION HAS DETERMINED THAT NO MATERIAL UNCERTAIN TAX POSITIONS QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE CONSOLIDATED FINANCIAL STATEMENTS. THERE HAS BEEN NO TAX RELATED INTEREST OR PENALTIES FOR THE PERIODS PRESENTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS TO SIGNIFICANTLY CHANGE IN THE NEXT 12 MONTHS. THE ORGANIZATION RECOGNIZES INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE ORGANIZATION DID NOT HAVE ANY AMOUNT ACCRUED FOR INTEREST AND PENALTIES AT JUNE 30, 2025 OR 2024. true BARLAS ELECTION FUND PO Box 122 CEDAR GROVE NJ 07009 883827743 527 11000 POLITICAL CONTRIBUTION DiMaio for Assembly 15 Reese Avenue Hackettstown NJ 07840 863308197 527 10000 POLITICAL CONTRIBUTION EFO Christopher P DePhillips PO BOX 454 MIDLAND PARK NJ 07432 823760288 527 10000 POLITICAL CONTRIBUTION GUARDIAN & SWIFT FOR ASSEMBLY PO Box 629 Northfield NJ 08225 871617140 527 9100 POLITICAL Gabe Rodriguez for Assembly 12 N State Rte 17 Ste 32 Paramus NJ 07652 931650440 527 9000 POLITICAL MICHELE MATSIKOUDIS FOR ASSEMBLY PO BOX 462 NEW PROVIDENCE NJ 07974 862915610 527 8500 POLITICAL Vicky Flynn for NJ Assembly PO BOX 999 EDISON NJ 08818 862145348 527 8000 POLITICAL CLIFTON FOR ASSEMBLY 237 MATAWAN AVENUE MATAWAN NJ 07747 451585878 527 7000 POLITICAL MUNOZ FOR ASSEMBLY 14 12th Avenue Seaside Park NJ 08752 862606270 527 7000 POLITICAL Ciattarelli for Governor PO Box 225 Annandale NJ 08801 527 5800 POLITICAL MIKIE SHERRILL FOR GOVERNOR PO Box 43032 Montclair NJ 07043 527 5800 POLITICAL AUTH FOR ASSEMBLY 85 PLEASANT AVENUE BERGENFIELD NJ 07621 527 5500 POLITICAL CTE BRITNEE TIMBERLAKE TO SENATE PO BOX 5052 EAST ORANGE NJ 07019 527 5500 POLITICAL EFO LOUIS D GREENWALD FOR ASSEMBLY 2240-15 ROUTE 70 CHERRY HILL NJ 08002 223565484 527 5500 POLITICAL FREIMAN FOR ASSEMBLY 601 RTE 206 STE 26 Hillsborough NJ 08844 820708525 527 5500 POLITICAL SCHAER FOR ASSEMBLY 511 Passaic Avenue Passaic NJ 07055 203977878 527 5500 POLITICAL EFO CORRADO FOR SENATE 142 TOTOWA ROAD SUITE 2 TOTOWA NJ 07512 831929095 527 5200 POLITICAL EFO YVONNE LOPEZ 12 North Rt 17 Suite 320 Paramus NJ 07652 815263516 527 5200 POLITICAL SEAN KEAN FOR ASSEMBLY PO BOX 408 BAYVIILLE NJ 08721 922534781 527 5200 POLITICAL CONTRIBUTION 0 19 PART I, LINE 2: NEW JERSEY BANKERS ASSOCIATION MAINTAINS RECORDS OF CONTRIBUTIONS. THE CONTRIBUTION IS AN UNCONDITIONAL CONTRIBUTION, SO THERE IS NO MONITORING OF HOW THE FUNDS ARE SPENT. X X X false false false MICHAEL AFFUSO PRESIDENT/CEO 367387 0 125000 0 6353 0 34500 0 12646 0 545886 0 0 0 JOHN MANGINI VP/DIRECTOR OF MARKETING & COM 130257 0 20340 0 1814 0 15332 0 10164 0 177907 0 0 0 BRITTANY WHEELER VP/Director of GovT AffaIRS 156341 0 29180 0 563 0 18812 0 7836 0 212732 0 0 0 EDWARD YAKELY VP of Finance 127009 0 11700 0 2225 0 14547 0 11638 0 167119 0 0 0 JENNIFER ZORN VP/EDUC/DIR BUS DEVELOPMENT 173028 0 32580 0 1811 0 20905 0 10464 0 238788 0 0 0 FORM 990, PART VI, LINE 1A - DELEGATE BROAD AUTHORITY TO A COMMITTEE: THE EXECUTIVE COMMITTEE SHALL CONSIST OF THE CHAIRMAN OF THE BOARD, THE TWO (2) VICE CHAIRMAN OF THE BOARD, THE IMMEDIATE PAST CHAIRMAN OF THE BOARD AND THREE (3) OTHER MEMBERS OF THE BOARD OF DIRECTORS DESIGNATED BY THE CHAIRMAN AND APPROVED BY A MAJORITY OF THE ENTIRE BOARD, ONE (1) OF WHOM SHALL BE A DIRECTOR REPRESENTING THE CLASS E MEMBERS ON THE BOARD OF DIRECTORS. THE CHAIRMAN OF THE BOARD SHALL SERVE AS CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE SHALL HAVE AND MAY EXERCISE SUCH AUTHORITY OF THE BOARD AS APPROVED IN A RESOLUTION ADOPTED BY MAJORITY OF THE ENTIRE BOARD, OTHER THAN AMENDING BYLAWS, ELECTING AND APPOINTING DIRECTORS AND OFFICERS, AMENDING OR REPEALING BOARD RESOLUTIONS, AND SUBMITTING ACTIONS TO MEMBERS FOR APPROVAL. FORM 990, PART VI, LINE 2 - Family relationship: Robert Rey and Jane Rey share a family relationship. FORM 990, PART VI, LINE 6 - CLASSES OF MEMBERS OR STOCKHOLDERS: THE MEMBERSHIP OF NJBANKERS SHALL CONSIST OF THREE (3) CLASSIFICATIONS OF MEMBERS: (1) REGULAR MEMBERS, (2) ASSOCIATE MEMBERS, AND (3) FINANCIAL SERVICES MEMBERS. SUBJECT TO THE APPROVAL OF THE REGULAR MEMBERS OF NJBANKERS, THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH SUCH ADDITIONAL CLASSIFICATIONS OF MEMBERSHIP AND SUCH MEMBERSHIP QUALIFICATIONS FOR EACH CLASSIFICATIONS OF MEMBERSHIP AS IT DEEMS NECESSARY. EACH REGULAR MEMBER, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES, AND DUTIES PRESCRIBED BY THESE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME ESTABLISH BY RESOLUTION. EACH ASSOCIATE MEMBER, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES AND DUTIES PRESCRIBED BY THE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH BY RESOLUTION EXCEPT FOR THE RIGHT TO VOTE, HOLD OFFICE OR SERVE ON THE BOARD OF DIRECTORS, OR OTHERWISE DETERMINE THE POLICY AND ADMINISTRATION OF NJBANKERS. AN ASSOCIATE MEMBER MAY EXCEPT AS HEREIN OTHERWISE PROVIDED SERVE ON ANY COMMITTEE OF NJBANKERS NOT HAVING OR EXERCISING ANY AUTHORITY OF THE BOARD OF DIRECTORS. EACH FINACIAL SERVICES MEMBER, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES AND DUTIES PRESCRIBED BY THE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH BY RESOLUTION EXCEPT FOR THE RIGHT TO VOTE, HOLD OFFICE OR SERVE ON THE BOARD OF DIRECTORS, OR OTHERWISE DETERMINE THE POLICY AND ADMINISTRATION OF NJBANKERS. A FINANCIAL SERVICES MEMBER MAY EXCEPT AS HEREIN OTHERWISE PROVIDED SERVE ON ANY COMMITTEE OF NJBANKERS NOT HAVING OR EXERCISING ANY AUTHORITY OF THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 7A - MEMBERS ELECTING MEMBERS OF GOVERNING BODY: MEMBER CLASSIFICATION: THE MEMBERSHIP OF NJBANKERS SHALL CONSIST OF THREE (3) CLASSIFICATIONS OF MEMBERS: (1) REGULAR MEMBERS, (2) ASSOCIATE MEMBERS, AND (3) FINANCIAL SERVICES MEMBERS. SUBJECT TO THE APPROVAL OF THE REGULAR MEMBERS OF NJBANKERS, THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH SUCH ADDITIONAL CLASSIFICATIONS OF MEMBERSHIP AND SUCH MEMBERSHIP QUALIFICATIONS FOR EACH CLASSIFICATIONS OF MEMBERSHIP AS IT DEEMS NECESSARY. REGULAR MEMBERS: REGULAR MEMBERS SHALL CONSIST OF ANY INSTITUTION, AFTER SUCCESSFUL COMPLETEION OF THE REGULAR MEMBERS ADMISSION PROCESS AS DESCRIBED IN SECTION 2 OF THIS ARTICLE, HAVING ITS PRINCIPAL PLACE OF BUSINESS IN THE STATE OF NEW JERSEY OR HAVING ONE OR MORE OFFICES IN THE STATE OF NEW JERSEY, WHICH TERM SHALL MEAN AND INCLUDE: STATE OR FEDERALLY CHARTERED SAVINGS AND LOAN ASSOCIATIONS, SAVINGS BANKS AND COMMERICAL BANKS. IN THE CASE OF A HOLDING COMPANY WHICH OWNS TWO OR MORE INSTITUTIONS THAT WOULD EACH QUALIFY AS REGULAR MEMBERS, THE REGULAR MEMBER FOR VOTING PURPOSES WILL BE THE HOLDING COMPANY AND DUES WILL BE BASED UPON NEW JERSEY-BASED DEPOSITS. EACH REGULAR MEMBER, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES, AND DUTIES PRESCRIBED BY THESE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME ESTABLISH BY RESOLUTION. ASSOCIATE MEMBERS, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES, AND DUTIES PRESCRIBED BY THESE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY FROM TIME TO TIME ESTABLISH BY RESOLUTION. ASSOCIATE MEMBERS: ANY PERSON, PARTNERSHIP, CORPORATION, OR SUBSIDIARY, DIVISION OR UNIT THEREOF (OTHER THAN A CREDIT UNION), ENGAGED IN PROVIDING REGULAR MEMBERS OF NJBANKERS WITH GOODS OR SERVICES, OR BOTH, OR PROVIDING REGULAR MEMBERS A MEANS FOR COMPLYING WITH COMMUNITY REINVESTMENT ACT OR OTHER REGULATORY REQUIREMENTS, OR ANY CLIENTS OF BANKERS COOPERATIVE GROUP, INC., SHALL, AFTER MEETING SUCH MEMBERSHIP QUALIFICATIONS AS MAY BE ESTABLISHED BY THE BOARD OF DIRECTORS FROM TIME TO TIME FOR SUCH MEMBERSHIP CLASSIFICATION AS DESCRIBED IN SECTION 2 OF THIS ARTICLE, BE ELIGIBLE FOR MEMBERSHIP AS AN ASSOCIATE MEMBER OF NJBANKERS. EACH ASSOCIATE MEMBER, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES AND DUTIES PRESCRIBED BY THE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH BY RESOLUTION EXCEPT FOR THE RIGHT TO VOTE, HOLD OFFICE OR SERVE ON THE BOARD OF DIRECTORS, OR OTHERWISE DETERMINE THE POLICY AND ADMINISTRATION OF NJBANKERS. AN ASSOCIATE MEMBER MAY EXCEPT AS HEREIN OTHERWISE PROVIDED SERVE ON ANY COMMITTEE OF NJBANKERS NOT HAVING OR EXERCISING ANY AUTHORITY OF THE BOARD OF DIRECTORS. FINANCIAL SERVICES MEMBERS: ALL APPLICATIONS FOR FINANCIAL SERVICES MEMBERSHIP IN NJBANKERS SHALL BE MADE IN WRITING IN A FORM REQUIRED BY THE BOARD OF DIRECTORS, SHALL BE SIGNED BY THE APPLICANT AND SHALL CONTAIN AND/OR BE ACCOMPANIED BY SUCH INFORMATION AS THE BOARD OF DIRECTORS SHALL FROM TIME TO TIME REQUIRE. AFTER SUCH APPLICATION IS SUBMITTED AND DEEMED TO BE COMPLETE AND PROPERLY MADE, IT SHALL BE SUBMITTED TO THE BOARD OF DIRECTORS AT ITS NEXT REGULARLY SCHEDULED MEETING AND, IF SUCH APPLICATION IS APPROVED, THE APPLICANT SHALL BE ADMITTED AS A FINANCIAL SERVICES MEMBER OF NJBANKERS. EACH FINACIAL SERVICES MEMBER, IN GOOD STANDING, SHALL HAVE ALL OF THE RIGHTS, PRIVILEGES AND DUTIES PRESCRIBED BY THE BY-LAWS AND DEFINED BY THE BOARD OF DIRECTORS AND SUCH OTHER RIGHTS AND PRIVILEGES AS THE BOARD OF DIRECTORS MAY, FROM TIME TO TIME, ESTABLISH BY RESOLUTION EXCEPT FOR THE RIGHT TO VOTE, HOLD OFFICE OR SERVE ON THE BOARD OF DIRECTORS, OR OTHERWISE DETERMINE THE POLICY AND ADMINISTRATION OF NJBANKERS. A FINANCIAL SERVICES MEMBER MAY EXCEPT AS HEREIN OTHERWISE PROVIDED SERVE ON ANY COMMITTEE OF NJBANKERS NOT HAVING OR EXERCISING ANY AUTHORITY OF THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 11B - REVIEW OF FORM 990 BY GOVERNING BODY: FORM 990 IS REVIEWED BY THE PRESIDENT AND VP OF FINANCE. ANY QUESTIONS OR COMMENTS ON THE FORM 990 ARE DISCUSSED WITH THE TAX PREPARER. A COMPLETE COPY OF THE FORM 990 IS UPLOADED TO A SHARED PORTAL FOR THE BOARD REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, LINE 12C - CONFLICT OF INTEREST POLICY: THE BOARD OF DIRECTORS REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST. A COPY OF THE POLICY IS GIVEN TO EACH OFFICER AND BOARD MEMBER ANNUALLY IN SEPTEMBER AND EACH OFFICER AND BOARD MEMBER IS REQUIRED TO NOTIFY THE BOARD OF DIRECTORS OF ANY CONFLICTS. POTENTIAL OR ACTUAL CONFLICTS IDENTIFIED ARE CONSIDERED ON A CASE BY CASE BASIS AND COULD RESULT IN RECUSAL FROM VOTING. FORM 990, PART VI, LINE 15A -PROCESS TO ESTABLISH COMPENSATION OF TOP MGT: THE PRESIDENT'S COMPENSATION IS DISCUSSED, REVIEWED, AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE DETERMINATION INCORPORATED SUMMARY INFORMATION FROM TWO 2019 SALARY SURVEY REPORTS CONDUCTED BY 3RD PARTIES, ONE OF WHICH INCLUDED DATA FROM 34 STATE BANKING ASSOCIATIONS AND THE OTHER FROM DATA FROM 22 FINANCIAL INSTIUTIONS. COMPENSATION FROM THREE OTHER LEADING STATE TRADE ASSOCIATIONS WAS ALSO INCLUDED. THE REVIEW WAS LAST COMPLETED IN AUGUST 2025. FORM 990, PART VI, LINE 15B - PROCESS FOR COMPENSATION OF OTHER OFFICERS: ONE EXECUTIVE VICE PRESIDENT AND ONE SENIOR VICE PRESIDENT'S COMPENSATION IS DISCUSSED, REVIEWED, AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION FOR THE OTHER OFFICERS IS DETERMINED BY THE RESPECTIVE SUPERVISOR WITHIN THE BUDGET GUIDELINES WHICH ARE APPROVED BY THE BOARD OF DIRECTORS. DATA FROM THE 2015 STATE BANKERS ASSOCIATION COMPENSATION & BENEFITS SURVEY WAS USED IN THE DETERMINATION OF OTHER OFFICER POSITIONS. FORM 990, PART VI, LINE 19 - REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 - Other changes to net assets Refunds of grants expensed in prior year 990 = $8,000. NJ BANKERS CHARITABLE FOUNDATION 411 NORTH AVE EAST CRANFORD NJ 07016 342025283 SCHOLARSHIP NJ 501(C)(3) PF NJBANKERS true NJBANKERS BUSINESS SERVICES INC 411 NORTH AVE EAST CRANFORD NJ 07016 223393206 SERVICE FOR BANKS NJ NJBANKERS C CORP 311608 201315 1.00000 true false false false false false false false false false true false false false true true false true false false NJBANKERS BUSINESS SERVICES INC Q 240000 COST