2024-11-14T10:17:40-08:00 2023-12-31 232978066 BACHELER & COMPANY PC 400 S KINGS HWY CHERRY HILL NJ 08034 990 2023-01-01 223543373 Nexus Association of Realtors NEXU 8564281013 306 Kings Highway South Cherry Hill NJ 08034 Vernon Jones Chief Executive Officer 8564281013 2024-05-10 true true WILLIAM F BACHELER CPA P01442466 8564291835 2024-11-14 2023 2024-10-15 13:58:12Z Vernon Jones 306 Kings Highway South Cherry Hill NJ 08034 3690855 false X N/A X 1997 NJ Promote the professionalism and profitability of members in the real estate industry through services, communication, and advocacy. 15 15 11 0 0 0 1514361 1412029 347407 376145 712689 139122 172408 129812 2746865 2057108 0 0 1108430 1146898 0 0 934770 880756 2043200 2027654 703665 29454 5651224 5804229 880579 756550 4770645 5047679 Promote the professionalism and profitability of members in the real estate industry through services, communication, and advocacy. false false Educate members on real estate industry issues through seminars and other programs. Sponsor various recognition programs to honor member achievements. Operate a realtor store offering services and products to members. false false false true false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false true 20 0 false 11 true false false false false false false X 15 15 false false false false false false false true true false false true true true true true true true true false X Bruin & Asssociates 9103993681 102 Orange Street Wilmington NC 28401 Vernon Jones CEO 40.00 X 170293 0 6833 Diane Streichert Former CEO 40.00 X 265201 0 4538 Brenda Richmond President 1.00 X X 10000 0 0 Valerie Belardo Past President 1.00 X X 1000 0 0 David Wyrsch Jr President Elect 1.00 X X 5000 0 0 Robert Hanson Treasurer 1.00 X X 2500 0 0 Laura Ciocco Director 1.00 X 0 0 0 Mark Cuccuini Director 1.00 X 0 0 0 Corinne Geiger Director 1.00 X 0 0 0 Denis Jasinski Director 1.00 X 0 0 0 Yodimila Langan Director 1.00 X 0 0 0 Debra Loggia Director 1.00 X 0 0 0 Nicole Sabarese Director 1.00 X 0 0 0 Daren Sautter Director 1.00 X 0 0 0 Nikunj Shah Director 1.00 X 0 0 0 Daniel White Jr Director 1.00 X 0 0 0 David Gorenberg Non-Realtor Director 1.00 X 0 0 0 453994 0 11371 2 false true false 1412029 1412029 Membership events 900099 62310 0 0 Realtor services 900099 239517 0 0 CE courses 900099 39726 0 0 Non-CE courses 900099 13470 0 0 Miscellaneous 900099 21122 0 0 376145 139269 0 139269 1625572 1625719 -147 -147 0 0 -147 15136 8028 7108 7108 MLS income 900099 122704 122704 0 0 122704 2057108 505957 0 139122 465365 0 0 0 526078 0 0 0 15626 0 0 0 63075 0 0 0 76754 0 0 0 113939 0 0 0 8000 0 0 0 662 0 0 0 49503 0 0 0 59477 0 0 0 22800 0 0 0 6716 0 0 0 77454 0 0 0 38735 0 0 0 11319 0 0 0 Membership events 76853 0 0 0 ABS and other indirect costs 73616 0 0 0 Repairs and maintenance 46022 0 0 0 Education courses 21910 0 0 0 273750 0 0 0 2027654 0 0 0 360922 219671 1275740 1414068 1089 2785 2027745 905400 1149594 1122345 2858879 3040360 5000 5000 5651224 5804229 753317 666128 0 0 127262 90422 880579 756550 X 4770645 5047679 4770645 5047679 5651224 5804229 29454 247580 X X false true X true false false true false 300000 300000 1386372 570065 816307 305617 299579 6038 35756 35756 0 1122345 NAR and NJAR payable 30048 Committee funds payable 52939 RPAC payable 3377 Credit cards payable 3882 Sales taxes payable 176 90422 2312716 247580 247580 2065136 -8028 -8028 2057108 2035682 8028 8028 2027654 2027654 Pt XI, Line 4b $8,028 of costs of goods sold reported on Form 990, Pt XI, Line 4b Part VIII, Line 10b. Pt XII, Line 2d $8,028 of costs of goods sold reported as an expense on Pt XII, Line 2d the audited financial statements. true false false Vernon Jones 170293 0 0 0 0 0 6833 0 0 0 177126 0 0 0 Diane Streichert 107903 0 30000 0 127298 0 2429 0 2109 0 269739 0 0 0 Pt I Line 3 The compensation package of the chief executive officer must be Pt I Line 3 approved by the board of directors. The chief executive Pt I Line 3 officer also has an employment contract with the association. Pt I Line 4a Diane Streichert, who resigned as CEO in early 2023, received Pt I Line 4a transitional payments totalling $127,298 as part of her severance Pt I Line 4a package, which was approved by the board of directors. Pt VI, Line 11b Form 990 is provided to the Board of Directors Pt VI, Line 11b Executive Committee for full review and made available Pt VI, Line 11b to the entire board of directors. Pt VI, Line 12c At a minimum, an annual inquiry is made in regards to Pt VI, Line 12c adherence to the Associations conflict of interest Pt VI, Line 12c rules. Pt VI, Line 15a The CEO does a self assessment which is then reviewed Pt VI, Line 15a by the Executive Committee. The Executive Committee Pt VI, Line 15a will review the compensation of the CEO as well as Pt VI, Line 15a inquire of peer organizations as to the propriety of Pt VI, Line 15a such compensation. They also inquire and reference Pt VI, Line 15a peer and industry compensation studies. Pt VI, Line 15b The CEO evaluates the compensation of all employees. Pt VI, Line 19 Such documents and annual financial statements will be Pt VI, Line 19 made available to the public upon request. Pt XII, Line 2c The CEO is responsible for the oversight of the audit Pt XII, Line 2c services and selection of an independent auditor. Form 990, Part IX, Line 24e Copier rental 2452. Form 990, Part IX, Line 24e Credit card fees 34243. Form 990, Part IX, Line 24e Licenses and dues 2888. Form 990, Part IX, Line 24e Payroll processing fees 15865. Form 990, Part IX, Line 24e Postage and shipping 4022. Form 990, Part IX, Line 24e NJAR Scholarship 4000. Form 990, Part IX, Line 24e Telephone 16687. Form 990, Part IX, Line 24e Utilities 13867. Form 990, Part IX, Line 24e Temporary staffing 92953. Form 990, Part IX, Line 24e Email hosting service 7280. Form 990, Part IX, Line 24e Real estate taxes 25513. Form 990, Part IX, Line 24e Bookkeeping 47880. Form 990, Part IX, Line 24e Charitable donations 6100.