Nonprofit · EIN 22-2864482
COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION
Tax-exempt · E BRUNSWICK, NJ 08816
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,463,126 | $1,528,221 | -$65,095 | $1,941,480 | $887,061 | $1,054,419 |
| December 31, 2023 | 990 | $1,502,160 | $1,677,269 | -$175,109 | $1,548,364 | $386,865 | $1,161,499 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $935,674
- Investment income
- $75,790
- Net gain from sales of assets
- $29,983
- Net income from fundraising events
- $435,632
- Other revenue
- $451,662
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $318,672
- Other salaries and wages
- $387,668
- Salaries, compensation and benefits (total)
- $835,425
- Professional fundraising fees
- $0
- Travel
- $22,089
- Depreciation
- $21,605
- Program services (functional)
- $991,542
- Management and general (functional)
- $356,868
- Fundraising (functional)
- $179,811
Balance sheet and other
- Total assets, start of year
- $1,548,364
- Total assets, end of year
- $1,941,480
- Total liabilities, end of year
- $887,061
- Net assets, end of year
- $1,054,419
- Land, buildings and equipment
- $61,738
- Net assets without donor restrictions
- $1,054,419
- Gross receipts
- $2,888,109
- Employees
- 6
- Volunteers
- 147
- Year formed
- 1974
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DANIEL KENNEDY | CEO Trustee or director, Officer | 50 | $238,407 | $62,336 |
| SAM MORREALE | VP EDUCATION Trustee or director | 1 | $0 | $0 |
| MATT SCHLINDWEIN | VP PUBLIC AFFAIRS Trustee or director | 1 | $0 | $0 |
| MARK SHEARER | PRESIDENT Trustee or director | 1 | $0 | $0 |
| RICHARD BURROW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STACEY WEINBERG-KIERMAN | VP SPECIAL EVENTS Trustee or director | 1 | $0 | $0 |
| OMER AHMED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MATTHEW CAMPBELL | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DIANA BUONGIORNO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MONICA PADAVANO CASIELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BLAKE CHROMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MORRIS DAVIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JACK FERSKO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MERYL GONCHAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH PAIGE HANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
31 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY HIPSCHMAN | TRUSTEE Trustee or director | 1 | $0 |
| ROB KOSSAR | TRUSTEE Trustee or director | 1 | $0 |
| KEITH LIEBERMAN | TRUSTEE Trustee or director | 1 | $0 |
| ANDREW MOSS | TREASURER/SECRETARY Trustee or director | 1 | $0 |
| DANA NALBANTIAN | TRUSTEE Trustee or director | 1 | $0 |
| ADAM PASTERNACK | TRUSTEE Trustee or director | 1 | $0 |
| SAL GARCIA | TRUSTEE Trustee or director | 1 | $0 |
| LEVI KELMAN | TRUSTEE Trustee or director | 1 | $0 |
| DAVID NENNER | TRUSTEE Trustee or director | 1 | $0 |
| WESLEY WILCOX | TRUSTEE Trustee or director | 1 | $0 |
| PETER BRONSNICK | VP ASSOCIATE AFFAIRS Trustee or director | 1 | $0 |
| MARK MAHASKY | TRUSTEE Trustee or director | 1 | $0 |
| JEFFREY MILANAIK | TRUSTEE Trustee or director | 1 | $0 |
| BETHANN ROONEY | TRUSTEE Trustee or director | 1 | $0 |
| JONATHAN SCHULTZ | TRUSTEE Trustee or director | 1 | $0 |
| RALPH ZUCKER | TRUSTEE Trustee or director | 1 | $0 |
| CLARK MACHEMER | TRUSTEE Trustee or director | 1 | $0 |
| BILL HANSON | TRUSTEE Trustee or director | 1 | $0 |
| JESSE HARTY | VP MEMBERSHIP & COMMUNICATIONS Trustee or director | 1 | $0 |
| ANDREW NATALE | TRUSTEE Trustee or director | 1 | $0 |
| SARAH CLARKE | TRUSTEE Trustee or director | 1 | $0 |
| EMILY LAMOND | TRUSTEE Trustee or director | 1 | $0 |
| TERRY ARMSTRONG | TRUSTEE Trustee or director | 1 | $0 |
| SAMER HANINI | TRUSTEE Trustee or director | 1 | $0 |
| CAROLINA GUTIERREZ | TRUSTEE Trustee or director | 1 | $0 |
| CHRISTOPHER TANSEY | TRUSTEE Trustee or director | 1 | $0 |
| ALEXANDER COCOZIELLO | TRUSTEE Trustee or director | 0 | $0 |
| JORGE SANTOS | TRUSTEE Trustee or director | 1 | $0 |
| DOUG TWYMAN | TRUSTEE Trustee or director | 1 | $0 |
| GUS MILANO | TRUSTEE Trustee or director | 1 | $0 |
| SARAH RUTHERFORD | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 44 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MIKE MCGUINNESS | FORMER CEO Former | 50 | $328,962 | $68,892 |
| DANIEL KENNEDY | CEO Trustee or director, Officer | 50 | $109,088 | $23,723 |
| SAM MORREALE | VP EDUCATION Trustee or director | 1 | $0 | $0 |
| MATT SCHLINDWEIN | VP PUBLIC AFFAIRS Trustee or director | 1 | $0 | $0 |
| MARK SHEARER | PRESIDENT Trustee or director | 1 | $0 | $0 |
| RICHARD BURROW | TRUSTEE Trustee or director | 1 | $0 | $0 |
| STACEY WEINBERG-KIERMAN | VP SPECIAL EVENTS Trustee or director | 1 | $0 | $0 |
| OMER AHMED | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JERRY BARTA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DIANA BUONGIORNO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MONICA CASIELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BLAKE CHROMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MORRIS DAVIS | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JACK FERSKO | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MERYL GONCHAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DEBORAH HANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY HIPSCHMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ROB KOSSAR | TRUSTEE Trustee or director | 1 | $0 | $0 |
| KEITH LIEBERMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ANDREW MOSS | TREASURER/SECRETARY Trustee or director | 1 | $0 | $0 |
| DANA NALBANTIAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ADAM PASTERNACK | TRUSTEE Trustee or director | 1 | $0 | $0 |
| MICHAEL SCHWERTFEGER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAL GARCIA | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LEVI KELMAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| DAVID NENNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| WESLEY WILCOX | TRUSTEE Trustee or director | 1 | $0 | $0 |
| PETER BRONSNICK | VP ASSOCIATE AFFAIRS Trustee or director | 1 | $0 | $0 |
| MARK MAHASKY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JEFFREY MILANAIK | CORPORATE BOARD Trustee or director | 1 | $0 | $0 |
| BETHANN ROONEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JONATHAN SCHULTZ | TRUSTEE Trustee or director | 1 | $0 | $0 |
| RALPH ZUCKER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CLARK MACHEMER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| BILL HANSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
| JESSE HARTY | VP MEMBERSHIP & COMMUNICATIONS Trustee or director | 1 | $0 | $0 |
| ANDREW NATALE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SARAH CLARKE | TRUSTEE Trustee or director | 1 | $0 | $0 |
| EMILY LAMOND | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TERRY ARMSTRONG | TRUSTEE Trustee or director | 1 | $0 | $0 |
| SAMER HANINI | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TIM SULLIVAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| CHRISTOPHER TANSEY | TRUSTEE Trustee or director | 1 | $0 | $0 |
| ALEXANDER COCOZIELLO | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2 TOWER CENTER BLVD STE 1106, E BRUNSWICK, NJ 08816-1158
- In care of
- % DANIEL KENNEDY
- Principal officer (990 for 2024)
- DANIEL KENNEDY, 317 GEORGE STREET205, NEW BRUNSWICK, NJ 08901
- Signed the 990
- DANIEL KENNEDY, CEO
- Phone
- (732) 729-9900
- Website
- WWW.NAIOPNJ.ORG
- Return prepared by
- WILKIN & GUTTENPLAN PC
Mission
REPRESENT INTERESTS OF DEVELOPERS, INVESTORS, OWNERS, ASSET MANAGERS AND RELATED PROFESSIONALS IN OFFICE, INDUSTRIAL AND MIXED-USE REAL ESTATE. PROVIDES NETWORKING AND EDUATION, AND ADVOCATES FOR EFFECTIVE LEGISLATION ON BEHALF OF OUR MEMBERS. NAIOP ADVANCES RESPONSIBLE SUSTAINABLE DEVELOPMENT THAT CREATES JOBS AND BENEFITS THE COMMUNITIES IN WHICH OUR MEMBERS WORK AND LIVE.
Program accomplishments
- PUBLIC AFFAIRS: TO PROVIDE OUR MEMBERS WITH UP TO THE MINUTE INFORMATION ON PENDING LEGISLATION LAWS AND REGULATIONS AS IT RELATES TO COMMERCIAL REAL ESTATE DEVELOPERS, OWNERS, INVESTORS AND ASSET MANAGERS. STRENGTHEN, SOLIDIFY AND PUBLICIZE NAIOP-NJ'S IDENTITY AS THE VOICE OF THE COMMERCIAL OFFICE, INDUSTRIAL AND MIXED-USE REAL ESTATE INDUSTRY SO THAT WE ARE UNIVERSALLY RECOGNIZED BY LEGISLATORS, REGULATORS, THE BUSINESS COMMUNITY AND THE PUBLIC AS AN INTEGRAL PARTNER IN THE BUILDING AND IMPROVEMENT OF NEW JERSEY'S ECONOMY.Expenses $535,394 · revenue $489,654
- NAIOP NETWORKING: TO PROVIDE MEMBERS WITH NETWORKING AND BUSINESS DEVELOPMENT OPPORTUNITIES AND EDUCATION IN THE REAL ESTATE COMMUNITY. ALL OF THE CHAPTER'S EVENTS (SEMINARS, PROGRAMS MEETINGS, TOURS, GOLF OUTING AND GALA) PROVIDE MEMBERS WITH OPPORTUNITIES TO PROMOTE AND DEVELOP THEIR BUSINESS AND THE SERVICES THAT THEY CAN PROVIDE.Expenses $456,148 · revenue $446,020
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2864482
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,941,480
- Income (IRS master file)
- $2,888,109
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,463,126 | $1,528,221 | $1,941,480 | IRS |
| 990 | December 2023 | $1,502,160 | $1,677,269 | $1,548,364 | XML |
| 990 | December 2022 | $1,527,272 | $1,383,022 | $1,734,668 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 22-2864482).
Questions about COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION
- What is the EIN of COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION?
- The employer identification number (EIN) of COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION is 22-2864482.
- Is COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1988.
- Are donations to COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION 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 COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION?
- The 990 for the year ended December 31, 2024 names DANIEL KENNEDY.
- Who are the officers and directors of COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 46 people; 1 received compensation from the organization, the highest $238,407 (DANIEL KENNEDY, CEO).
- How much revenue does COMMERCIAL REAL ESTATE DEVELOPMENT ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,463,126, expenses of $1,528,221 and total assets of $1,941,480 at year end.
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