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Nonprofit · EIN 22-2233048

INSURANCE COUNCIL OF NEW JERSEY INC

Tax-exempt · TRENTON, NJ 08608

Financials

$918K$790K2023$991K$877K2024$1.1M$1.1M2025
Revenue Expenses · by fiscal year end
Financials of INSURANCE COUNCIL OF NEW JERSEY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,052,142$1,126,252-$74,110$1,860,066$477,646$1,382,420
December 31, 2024990$991,280$876,977$114,303$1,954,167$460,616$1,493,551
December 31, 2023990$918,406$789,656$128,750$1,779,021$361,962$1,417,059
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$959,744
Investment income
$92,307
Other revenue
$91

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$407,832
Other salaries and wages
$147,101
Salaries, compensation and benefits (total)
$701,918
Professional fundraising fees
$0
Legal fees
$14,658
Accounting fees
$2,500
Travel
$110
Depreciation
$1,465
Program services (functional)
$399,420
Management and general (functional)
$726,832

Balance sheet and other

Total assets, start of year
$1,954,167
Total assets, end of year
$1,860,066
Total liabilities, end of year
$477,646
Net assets, end of year
$1,382,420
Land, buildings and equipment
$2,196
Net assets without donor restrictions
$1,382,420
Gross receipts
$1,052,142
Employees
4
Year formed
1977
State of legal domicile
NJ

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
CHRISTINE O'BRIENPresident
Officer
40$258,736$7,845
GARY R LASPISA IIVice President
Officer
40$131,065$10,185
LAUREN PACHMANBOARD MEMBER
Trustee or director
1$0$0
DEAN TRACHSELBOARD MEMBER
Trustee or director
1$0$0
MIKE WOLFEBOARD MEMBER
Trustee or director
1$0$0
ANDREW MUSICKBOARD MEMBER
Trustee or director
1$0$0
BRIAN R SHOEMAKERBOARD MEMBER
Trustee or director
1$0$0
ADRIAN FROSTBOARD MEMBER
Trustee or director
1$0$0
JOHN MILETTIBOARD MEMBER
Trustee or director
1$0$0
ASHLEE MULLENBACHBOARD MEMBER
Trustee or director
1$0$0
THOMAS HYMANBOARD MEMBER
Trustee or director
1$0$0
MATT GANNONBOARD MEMBER
Trustee or director
1$0$0
RYAN GOUXBOARD MEMBER
Trustee or director
1$0$0
TARA MCGOVERNBOARD MEMBER
Trustee or director
1$0$0
GEORGIA FLAMPORISBOARD MEMBER
Trustee or director
1$0$0
6 more people on this return
NameTitleHours / weekCompensation
RON MARTINBOARD MEMBER
Trustee or director
1$0
DONALD BALDINIBOARD MEMBER
Trustee or director
1$0
HARRIS BERENSONBOARD MEMBER
Trustee or director
1$0
JEFFREY BECKBOARD MEMBER
Trustee or director
1$0
TRACEY GENTRY HARNEYBOARD MEMBER
Trustee or director
1$0
ADAM KERNSBOARD MEMBER
Trustee or director
1$0
990 for the year ended December 31, 2024: 21 people
NameTitleHours / weekCompensationOther / benefits
CHRISTINE O'BRIENPresident
Officer
40$255,330$8,024
GARY R LASPISA IIVice President
Officer
40$125,814$4,249
TINNA QUIGLEYBOARD MEMBER
Trustee or director
1$0$0
MELISSA MCGRATHBOARD MEMBER
Trustee or director
1$0$0
RICHARD CHICHESTERBOARD MEMBER
Trustee or director
1$0$0
ANDREW MUSICKBOARD MEMBER
Trustee or director
1$0$0
W LESTER BOSWELL IIIBOARD MEMBER
Trustee or director
1$0$0
ADRIAN FROSTBOARD MEMBER
Trustee or director
1$0$0
JOHN MILETTIBOARD MEMBER
Trustee or director
1$0$0
JOHN CERRONEBOARD MEMBER
Trustee or director
1$0$0
THOMAS HYMANBOARD MEMBER
Trustee or director
1$0$0
CRISTINA PASQUALEBOARD MEMBER
Trustee or director
1$0$0
SHAWN M KAINBOARD MEMBER
Trustee or director
1$0$0
MICHAEL GEESERBOARD MEMBER
Trustee or director
1$0$0
GEORGIA FLAMPORISBOARD MEMBER
Trustee or director
1$0$0
RON MARTINBOARD MEMBER
Trustee or director
1$0$0
JEREMY EISEMANNBOARD MEMBER
Trustee or director
1$0$0
HARRIS BERENSONBOARD MEMBER
Trustee or director
1$0$0
JEFFREY BECKBOARD MEMBER
Trustee or director
1$0$0
TRACEY GENTRY HARNEYBOARD MEMBER
Trustee or director
1$0$0
ADAM KERNSBOARD MEMBER
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 21 people
NameTitleHours / weekCompensationOther / benefits
CHRISTINE O'BRIENPresident
Officer
40$244,713$7,382
GARY R LASPISA IIVice President
Officer
40$110,606$3,547
TINNA QUIGLEYBOARD MEMBER
Trustee or director
1$0$0
MELISSA MCGRATHBOARD MEMBER
Trustee or director
1$0$0
RICHARD CHICHESTERBOARD MEMBER
Trustee or director
1$0$0
JOHN ROGERSBOARD MEMBER
Trustee or director
1$0$0
W LESTER BOSWELL IIIBOARD MEMBER
Trustee or director
1$0$0
KAREN HARDWICKBOARD MEMBER
Trustee or director
1$0$0
JOHN MILETTIBOARD MEMBER
Trustee or director
1$0$0
JOHN CERRONEBOARD MEMBER
Trustee or director
1$0$0
THOMAS HYMANBOARD MEMBER
Trustee or director
1$0$0
CRISTINA PASQUALEBOARD MEMBER
Trustee or director
1$0$0
SHAWN M KAINBOARD MEMBER
Trustee or director
1$0$0
MICHAEL GEESERBOARD MEMBER
Trustee or director
1$0$0
JOHN A TAYLOR ESQBOARD MEMBER
Trustee or director
1$0$0
ANDREW FORSTENZERBOARD MEMBER
Trustee or director
1$0$0
JEREMY EISEMANNBOARD MEMBER
Trustee or director
1$0$0
HARRIS BERENSONBOARD MEMBER
Trustee or director
1$0$0
JEFFREY BECKBOARD MEMBER
Trustee or director
1$0$0
BO GILBERTBOARD MEMBER
Trustee or director
1$0$0
ADAM KERNSBOARD MEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
15 WEST FRONT STREET 2ND FLOOR, TRENTON, NJ 08608-2013
Signed the 990
CHRISTINE O'BRIEN, President
Phone
(609) 393-0025
Return prepared by
Jump Perry and Company LLP

Mission

THE INSURANCE COUNCIL OF NEW JERSEY IS AN INSURANCE RESEARCH, INFORMATION AND ADVOCACY ORGANIZATION FORMED TO CREATE A POSITIVE IMAGE AND UNDERSTANDING OF THE PROPERTY/CASUALTY INSURANCE BUSINESS AND TO PROMOTE A POSITIVE BUSINESS ENVIRONMENT THROUGH EDUCATION, PUBLIC INFORMATION AND COMMUNICATION.

990 for the year ended December 31, 2025

Program accomplishments

  • INCLUDES MEMBER DUES, CONTINUING EDUCATION AND OTHER. OUR MISSION IS TO EDUCATE POLICY-MAKERS ON HOW LEGISLATION AND REGULATION AFFECT THE INDUSTRY. SEMINARS HELP WITH THAT EDUCATION. WE ALSO EDUCATE OURSELVES AS THE CHANGING LAWS AND REGULATIONS. ICNJ MEMBERSHIP COMMUNICATIONS HELP MEET THIS GOAL.
    Expenses $399,420

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
22-2233048
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1979
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,860,066
Income (IRS master file)
$1,052,142

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,052,142$1,126,252$1,860,066XML
990December 2024$991,280$876,977$1,954,167IRS
990December 2023$918,406$789,656$1,779,021XML
990December 2022$847,870$792,503$1,686,229IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2233048).

Questions about INSURANCE COUNCIL OF NEW JERSEY INC

What is the EIN of INSURANCE COUNCIL OF NEW JERSEY INC?
The employer identification number (EIN) of INSURANCE COUNCIL OF NEW JERSEY INC is 22-2233048.
Is INSURANCE COUNCIL OF NEW JERSEY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1979.
Are donations to INSURANCE COUNCIL OF NEW JERSEY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INSURANCE COUNCIL OF NEW JERSEY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of INSURANCE COUNCIL OF NEW JERSEY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did INSURANCE COUNCIL OF NEW JERSEY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who are the officers and directors of INSURANCE COUNCIL OF NEW JERSEY INC?
The 990 for the year ended December 31, 2025 lists 21 people; 2 received compensation from the organization, the highest $258,736 (CHRISTINE O'BRIEN, President).
How much revenue does INSURANCE COUNCIL OF NEW JERSEY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,052,142, expenses of $1,126,252 and total assets of $1,860,066 at year end.

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