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Nonprofit · EIN 22-1151210

NEW JERSEY ASSOCIATION OF REALTORS

Tax-exempt · TRENTON, NJ 08611

Financials

$10.5M$8M2023$10.3M$8.3M2024$10.7M$8M2025
Revenue Expenses · by fiscal year end
Financials of NEW JERSEY ASSOCIATION OF REALTORS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$10,678,309$8,017,393$2,660,916$45,573,295$4,229,481$41,343,814
December 31, 2024990$10,265,385$8,299,799$1,965,586$42,844,285$4,238,644$38,605,641
December 31, 2023990$10,529,877$7,977,786$2,552,091$40,068,985$3,756,738$36,312,247
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$9,291,707
Investment income
$1,298,755
Net gain from sales of assets
-$8,692
Other revenue
$87,847

Expenses

Grants and similar amounts paid
$52,600
Compensation of officers, directors and key employees
$1,083,087
Other salaries and wages
$1,846,986
Salaries, compensation and benefits (total)
$3,844,651
Professional fundraising fees
$0
Legal fees
$171,988
Accounting fees
$36,792
Occupancy
$168,754
Travel
$378,545
Depreciation
$400,428

Balance sheet and other

Total assets, start of year
$42,844,285
Total assets, end of year
$45,573,295
Total liabilities, end of year
$4,229,481
Net assets, end of year
$41,343,814
Land, buildings and equipment
$7,646,728
Net assets without donor restrictions
$41,343,814
Gross unrelated business income
$49,219
Gross receipts
$10,687,001
Employees
23
Volunteers
359
Year formed
1918
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
MARTHA CHANESECHIEF OPERATING OFFICER
Officer
35$360,808$66,260
DOUGLAS TOMSONCHIEF EXECUTIVE OFFICER (BEG. 2/18/25)
Officer
35$335,853$84,008
COLLEEN OLIVERDIR. OF PUBLIC RELATIONS & MRKTG
Highest-paid employee
35$185,866$72,062
CATHERINE BESTDIRECTOR OF GOVERNMENT AFFAIRS
Highest-paid employee
35$188,137$66,372
MAUREEN MURPHYVICE PRESIDENT OF PROFESSI
Highest-paid employee
35$206,972$41,578
YULIYA TEDESCHIGENERAL COUNSEL
Highest-paid employee
35$176,900$62,664
JARROD GRASSOCHIEF EXECUTIVE OFFICER (UNTIL 2/28/25)
Officer
35$122,958$113,200
WILLIAM THOMPSONDIRECTOR OF TECHNOLOGY
Highest-paid employee
35$185,675$39,035
JANET GINSBERGFIRST VICE PRESIDENT BEGINNING 12/12/2025
Trustee or director, Officer
5$0$0
FELIX GRECOTREASURER BEGINNING 12/12
Trustee or director, Officer
5$0$0
GLORIA MONKSIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
5$0$0
JUDITH MORIARTYFIRST VICE PRESIDENT UNTIL 12/11, PRESIDENT ELECT
Trustee or director, Officer
5$0$0
KATHLEEN MORINPRESIDENT UNTIL 12/12, IMMEDIATE PAST PRESIDE
Trustee or director, Officer
5$0$0
JAIRO RODRIGUEZTREASURER UNTIL 12/11
Trustee or director, Officer
5$0$0
GLORIA SICILIANOPRESIDENT ELECT UNTIL 12/11, PRESIDENT BEG. 12/12
Trustee or director, Officer
5$0$0
36 more people on this return
NameTitleHours / weekCompensation
JAMES ARAKELIANMEMBER
Trustee or director
0.2$0
CAROLYN BARDACHMEMBER
Trustee or director
0.2$0
DAMON BREADYMEMBER
Trustee or director
0.2$0
LAURA CASTELLAMEMBER
Trustee or director
0.2$0
CHRISTOPHER CERVELLIMEMBER
Trustee or director
0.2$0
BRIAN COLLINIMEMBER
Trustee or director
0.2$0
ALLAN DECHERTMEMBER
Trustee or director
0.2$0
NICOLA ESPOSITOMEMBER
Trustee or director
0.2$0
GARETH FARMERMEMBER
Trustee or director
0.2$0
YESENIA FRIASMEMBER
Trustee or director
0.2$0
MAUREEN FUSCOMEMBER
Trustee or director
0.2$0
FRANK GLAUSHMEMBER
Trustee or director
0.2$0
PATRICIA GRAY HENDRICKSMEMBER
Trustee or director
0.2$0
JEFFREY JONESMEMBER
Trustee or director
0.2$0
VERNON JONESMEMBER
Trustee or director
0.2$0
TONYA KEYESMEMBER
Trustee or director
0.2$0
TIFFANY KJELLANDERMEMBER
Trustee or director
0.2$0
C JOHN KRUKMEMBER
Trustee or director
0.2$0
SUSAN LARUEMEMBER
Trustee or director
0.2$0
PETER MADDENMEMBER
Trustee or director
0.2$0
RACHEL MAMMELEMEMBER
Trustee or director
0.2$0
NICK MANISMEMBER
Trustee or director
0.2$0
KEVIN MCPHEETERSMEMBER
Trustee or director
0.2$0
ROBERT MICHAUDMEMBER
Trustee or director
0.2$0
GEORGEANNA NEWMONESMEMBER
Trustee or director
0.2$0
JEANINE PESCATOREMEMBER
Trustee or director
0.2$0
CHRISTOPHER SAPIENZAMEMBER
Trustee or director
0.2$0
CHRISTIAN SCHLUETERMEMBER
Trustee or director
0.2$0
ANGELA SICOLIMEMBER
Trustee or director
0.2$0
PETER SIDERISMEMBER
Trustee or director
0.2$0
DIANE TRAVERSOMEMBER
Trustee or director
0.2$0
MICHELLE URGOMEMBER
Trustee or director
0.2$0
PAM VREELANDMEMBER
Trustee or director
0.2$0
KARIN WHITEMEMBER
Trustee or director
0.2$0
ROBERT WHITEMEMBER
Trustee or director
0.2$0
DAVID WYRSCHMEMBER
Trustee or director
0.2$0
990 for the year ended December 31, 2024: 54 people
NameTitleHours / weekCompensationOther / benefits
JARROD GRASSOCHIEF EXECUTIVE OFFICER
Officer
35$479,586$100,758
MARTHA CHANESECHIEF OPERATING OFFICER
Officer
35$298,196$54,468
MAUREEN MURPHYVICE PRESIDENT OF PROFESSI
Highest-paid employee
35$199,608$38,241
WILLIAM THOMPSONDIRECTOR OF TECHNOLOGY
Highest-paid employee
35$177,828$34,043
COLLEEN OLIVERDIR. OF PUBLIC RELATIONS & MRKTG
Highest-paid employee
35$152,361$35,114
YULIYA TEDESCHIGENERAL COUNSEL
Highest-paid employee
35$156,500$26,632
DOUGLAS TOMSONVICE PRESIDENT OF GOVERNME
Highest-paid employee
35$143,820$29,267
NICK MANISIMMEDIATE PAST PRESIDENT
Trustee or director, Officer
5$0$0
GLORIA MONKSPRESIDENT UNTIL 12/12, IMMEDIATE PAST PRESIDENT
Trustee or director, Officer
5$0$0
JUDITH MORIARTYMEMBER/FIRST VICE PRESIDENT STARTING 12/13
Trustee or director, Officer
5$0$0
KATHLEEN MORINPRESIDENT-ELECT UNTIL 12/12, PRESIDENT BEG. 12/13
Trustee or director, Officer
5$0$0
JAIRO RODRIGUEZTREASURER
Trustee or director, Officer
5$0$0
GLORIA SICILIANOPRESIDENT-ELECT STARTING 12/13
Trustee or director, Officer
5$0$0
VALERIE ARCH BELARDOMEMBER
Trustee or director
0.2$0$0
NEHEMIAS BORREROMEMBER
Trustee or director
0.2$0$0
CORINNA BURKEMEMBER
Trustee or director
0.2$0$0
LAURA CASTELLAMEMBER
Trustee or director
0.2$0$0
CHRISTOPHER COCCIAMEMBER
Trustee or director
0.2$0$0
BRIAN COLLINIMEMBER
Trustee or director
0.2$0$0
LISA COMITOMEMBER
Trustee or director
0.2$0$0
MARY DAVISMEMBER
Trustee or director
0.2$0$0
ALLAN DECHERTMEMBER
Trustee or director
0.2$0$0
JEFFREY DELUCIAMEMBER
Trustee or director
0.2$0$0
NICOLA ESPOSITOMEMBER
Trustee or director
0.2$0$0
YESENIA FRIASMEMBER
Trustee or director
0.2$0$0
MAUREEN FUSCOMEMBER
Trustee or director
0.2$0$0
JANET GINSBERGMEMBER
Trustee or director
0.2$0$0
FRANK GLAUSHMEMBER
Trustee or director
0.2$0$0
KEREN GONENMEMBER UNTIL 08/13
Trustee or director
0.2$0$0
PATRICIA GRAY HENDRICKSMEMBER
Trustee or director
0.2$0$0
FELIX GRECOMEMBER UNTIL 03/05
Trustee or director
0.2$0$0
WILLIAM HANLEYMEMBER
Trustee or director
0.2$0$0
JAMES JOERIMANMEMBER
Trustee or director
0.2$0$0
JEFFREY JONESMEMBER
Trustee or director
0.2$0$0
TIFFANY KJELLANDERMEMBER
Trustee or director
0.2$0$0
C JOHN KRUKMEMBER
Trustee or director
0.2$0$0
SUSAN LARUEMEMBER UNTIL 12/12
Trustee or director
0.2$0$0
PETER MADDENMEMBER
Trustee or director
0.2$0$0
RACHEL MAMMELEMEMBER
Trustee or director
0.2$0$0
MARIA MARINELLIMEMBER
Trustee or director
0.2$0$0
GEORGEANNA NEWMONESMEMBER
Trustee or director
0.2$0$0
MARY NUZIALEMEMBER UNTIL 04/08
Trustee or director
0.2$0$0
MICHAEL PENNISIMEMBER
Trustee or director
0.2$0$0
JEANINE PESCATOREMEMBER
Trustee or director
0.2$0$0
MARK QUARTELLOMEMBER
Trustee or director
0.2$0$0
BRENDA RICHMONDMEMBER
Trustee or director
0.2$0$0
HEATHER ROBILLARDMEMBER
Trustee or director
0.2$0$0
ANGELA SICOLIMEMBER
Trustee or director
0.2$0$0
PETER SIDERISMEMBER
Trustee or director
0.2$0$0
DIANE TRAVERSOMEMBER
Trustee or director
0.2$0$0
GIOVANNA VANVALKENBURGMEMBER
Trustee or director
0.2$0$0
ALIDA VASQUEZMEMBER
Trustee or director
0.2$0$0
ROBERT WHITEMEMBER UNTIL 05/14, PAST PRESIDENT
Trustee or director
0.2$0$0
DAVID WYRSCHMEMBER
Trustee or director
0.2$0$0
990 for the year ended December 31, 2023: 55 people
NameTitleHours / weekCompensationOther / benefits
JARROD GRASSOCHIEF EXECUTIVE OFFICER
Officer
35$436,625$109,266
MARTHA CHANESECHIEF OPERATING OFFICER
Officer
35$285,763$41,653
DOUGLAS TOMSONVICE PRESIDENT OF GOVERNME
Highest-paid employee
35$211,351$44,546
MAUREEN MURPHYVICE PRESIDENT OF PROFESSI
Highest-paid employee
35$193,267$36,172
WILLIAM THOMPSONDIRECTOR OF TECHNOLOGY
Highest-paid employee
35$164,507$32,824
TERESA TILTONDIRECTOR OF PROFESSIONAL S
Highest-paid employee
35$122,564$29,452
MARY PILAARDIRECTOR OF MEMBERSHIP OUT
Highest-paid employee
35$123,392$28,498
NICK MANISPRESIDENT (UNTIL 12/7) PAST PRESIDENT (BEG. 12/8/
Trustee or director, Officer
5$0$0
GLORIA MONKSPRES ELECT (UNTIL 12/7) PRESIDENT (BEG. 12/8)
Trustee or director, Officer
5$0$0
KATHLEEN MORINFIRST VP (UNTIL 12/7) PRES. ELECT (BEG. 12/8)
Trustee or director, Officer
5$0$0
SUSAN LARUEFIRST VICE PRES. (BEGINNING 12/8/23)
Trustee or director, Officer
5$0$0
GLORIA SICILIANOTREASURER (UNTIL 12/7/23)
Trustee or director, Officer
5$0$0
JAIRO RODRIGUEZTREASURER (BEG. 12/8/23)
Trustee or director, Officer
5$0$0
ROBERT WHITEIMMEDIATE PAST PRESIDENT (UNTIL 12/7/23)
Trustee or director
0.2$0$0
MARGARET AJAMIANMEMBER
Trustee or director
0.2$0$0
NEHEMIAS BORREROMEMBER
Trustee or director
0.2$0$0
EMILY BOWDENMEMBER
Trustee or director
0.2$0$0
COLLEEN CAMILLOMEMBER
Trustee or director
0.2$0$0
CHRISTOPHER COCCIAMEMBER
Trustee or director
0.2$0$0
LISA COMITOMEMBER
Trustee or director
0.2$0$0
EUGENE CORDANOMEMBER
Trustee or director
0.2$0$0
MARY DAVISMEMBER
Trustee or director
0.2$0$0
ANGELA DESCHMEMBER
Trustee or director
0.2$0$0
NICOLA ESPOSITOMEMBER
Trustee or director
0.2$0$0
DREW FISHMANMEMBER
Trustee or director
0.2$0$0
YESENIA FRIASMEMBER
Trustee or director
0.2$0$0
ROBERT FUNABASHIMEMBER
Trustee or director
0.2$0$0
SANDRA GARDNERMEMBER
Trustee or director
0.2$0$0
FRANK GLAUSHMEMBER
Trustee or director
0.2$0$0
KEREN GONENMEMBER
Trustee or director
0.2$0$0
FELIX GRECOMEMBER
Trustee or director
0.2$0$0
WILLIAM HANLEYMEMBER
Trustee or director
0.2$0$0
CHRISTINE HOOKSMEMBER
Trustee or director
0.2$0$0
ILENE HOROWITZMEMBER
Trustee or director
0.2$0$0
JEFFREY JONESMEMBER
Trustee or director
0.2$0$0
WILLIAM KEEGANMEMBER
Trustee or director
0.2$0$0
C JOHN KRUKMEMBER
Trustee or director
0.2$0$0
GENE KRUTYANSKYMEMBER (UNTIL 1/19/23)
Trustee or director
0.2$0$0
PETER MADDENMEMBER
Trustee or director
0.2$0$0
RACHEL MAMMELEMEMBER
Trustee or director
0.2$0$0
MARIA MARINELLIMEMBER
Trustee or director
0.2$0$0
MARY ANN MASONMEMBER
Trustee or director
0.2$0$0
INGA MAXIMOFFMEMBER
Trustee or director
0.2$0$0
CARMEN MINGUELAMEMBER
Trustee or director
0.2$0$0
JUDITH MORIARTYMEMBER
Trustee or director
0.2$0$0
GEORGEANNA NEWMONESMEMBER
Trustee or director
0.2$0$0
MINA NEWSTADTMEMBER
Trustee or director
0.2$0$0
MARY NUZIALEMEMBER
Trustee or director
0.2$0$0
MARK QUARTELLOMEMBER
Trustee or director
0.2$0$0
BRENDA RICHMONDMEMBER
Trustee or director
0.2$0$0
HEATHER ROBILLARDMEMBER
Trustee or director
0.2$0$0
ANGELA SICOLIMEMBER
Trustee or director
0.2$0$0
PETER SIDERISMEMBER
Trustee or director
0.2$0$0
JERRY TUSCANOMEMBER
Trustee or director
0.2$0$0
DAVID WYRSCHMEMBER
Trustee or director
0.2$0$0

Address and contacts

Address (IRS master file)
10 HAMILTON AVE, TRENTON, NJ 08611-1806
In care of
% NEWJ
Principal officer (990 for 2025)
DOUGLAS TOMSON, 10 HAMILTON AVENUE, TRENTON, NJ 08611
Signed the 990
DOUGLAS TOMSON, CHIEF EXECUTIVE OFFICER
Phone
(609) 341-7117
Return prepared by
MERCADIEN PC

Mission

TO UNITE LOCAL BOARDS & ASSOCIATIONS OF REALTORS IN THE STATE OF NJ FOR THE PURPOSE OF EXERTING EFFECTIVELY A COMBINED INFLUENCE UPON MATTERS AFFECTING REAL ESTATE, & TO ELEVATE THE STANDARDS OF THE REAL ESTATE BUSINESS THROUGHOUT THE STATE.

990 for the year ended December 31, 2025

Program accomplishments

  • THE ASSOCIATION PROVIDES SERVICES THAT EXPAND MEMBERS' GROWTH AND SUCCESS; ADVOCACY- PROTECTING MEMBERS' LIVELIHOOD AND PROPERTY RIGHTS; PROFESSIONAL DEVELOPMENT AND TRAINING; RECOGNITION OF OUTSTANDING ACHIEVEMENT; PROFESSIONAL STANDARDS.
    Expenses $6,761,977

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
22-1151210
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
1942
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$45,573,295
Income (IRS master file)
$10,687,001

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$10,678,309$8,017,393$45,573,295IRS
990December 2024$10,265,385$8,299,799$42,844,285IRS
990December 2023$10,529,877$7,977,786$40,068,985XML
990December 2022$10,498,008$7,883,451$37,896,701IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 22-1151210).

Questions about NEW JERSEY ASSOCIATION OF REALTORS

What is the EIN of NEW JERSEY ASSOCIATION OF REALTORS?
The employer identification number (EIN) of NEW JERSEY ASSOCIATION OF REALTORS is 22-1151210.
Is NEW JERSEY ASSOCIATION OF REALTORS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
Are donations to NEW JERSEY ASSOCIATION OF REALTORS tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW JERSEY ASSOCIATION OF REALTORS 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 NEW JERSEY ASSOCIATION OF REALTORS 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 NEW JERSEY ASSOCIATION OF REALTORS last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of NEW JERSEY ASSOCIATION OF REALTORS?
The 990 for the year ended December 31, 2025 names DOUGLAS TOMSON.
Who are the officers and directors of NEW JERSEY ASSOCIATION OF REALTORS?
The 990 for the year ended December 31, 2025 lists 51 people; 8 received compensation from the organization, the highest $360,808 (MARTHA CHANESE, CHIEF OPERATING OFFICER).
How much revenue does NEW JERSEY ASSOCIATION OF REALTORS have?
On its 990 for the year ended December 31, 2025 it reported revenue of $10,678,309, expenses of $8,017,393 and total assets of $45,573,295 at year end.

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