SHORE BUILDERS ASSOCIATION OF CENTRAL NEW JERSEY INC

EIN: 210657209 Unknown

LAKEWOOD, NJ

Total Revenue
$357,448
Total Expenses
$358,865
Total Assets
$385,667
Net Assets
$374,667
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1945
Legal Domicile
NJ
Principal Officer
LOU PADULA
Phone
7323642828
Tax Period
2024-01-01 to 2024-12-31

SHORE BUILDERS ASSOCIATION OF CENTRAL NEW JERSEY INC, founded in 1945, is a small nonprofit in the Unknown sector that reported $357K in total revenue in fiscal year 2024.

Mission

TO BUILD THE MOST EFFECTIVE ORGANIZAITON POSSIBLE TO PROTECT THE INTERESTS OF EVERYONE CONNECTED WITH THE HOUSING INDUSTRY IN MONMOUTH, OCEAN, MIDDLESEX, MERCER, AND FRANKLIN TOWNSHIP IN SOMERSET COUNTY AND BORDENTOWN IN BURILINGTON COUNTY. THIS INCLUDES NOT ONLY BUILDERS, BUT TRADESEMEN, SUBCONTRACTORS, LABOR, FINANCIAL INSTITUTIONS, AND ALL PEOPLE WHO MAKE THEIR LIVING FROM THE BUILDING AND DEVELOPMENT BUSINESS. IT IS THE OBJECTIVE OF THIS ASSOCIATION TO MAINTAIN A CONTINUING DIALOGUE WITH ALL LEVELS OF GOVERNMENT, BOTH STATE AND LOCAL, TO EXCHANGE IDEAS, TO HAVE A STRONG LIASON WITH ALL GOVERNMENTAL COMMITTEES AS WELL AS SUCH MUNICIPAL BODIES AND THEIR SUPPORTING PLANNING BOARDS, BOARDS OF ADJUSTMENT AND OTHER AGENCIES. TO ENLAREGE THE SCOPE OF THE ASSOCIATION SO AS TO RENDER SERVICES TO THE MEMBERSHIP THAT, INDIVIDUALLY, THE MEMBERS HAVE NEITHER TIME NOR RESOURCES TO OBTAIN. TO ASSIST IN THE ACCOMPLISHMENTS OF THE MUTUAL OBJECTIVES OF THE NATIONAL ASSOCIATION OF HOME BUILDERS OF TH

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $310,524
Investment Income $10,127
Other Revenue $36,797
TOTAL REVENUE $357,448

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,771
Fundraising Expenses $0
Other Expenses $178,094
TOTAL EXPENSES $358,865

Year-over-Year Comparison

2024 2023 Change
Revenue $357,448 $346,877 +0.0%
Expenses $358,865 $356,963 +0.0%
Net Income $-1,417 $-10,086 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
2
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$100,328
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GINA MCNAMARA DIRECTOR 40.00
Officer
$100,328 $0 $100,328
CHRIS COWAN VP OF ASSOCI N/A
Officer
$0 $0 $0
KEVIN KERNAHAN VICE PRESIDE N/A
Officer
$0 $0 $0
KRISTIN MARZARELLA SECRETARY N/A
Officer
$0 $0 $0
LOU PADULA PRESIDENT N/A
Officer
$0 $0 $0
JAMES PITTENGER PAST PRESIDE N/A
Officer
$0 $0 $0
EDWARD WALTERS TREASURER N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $357,448 $358,865 $385,667 $-1,417
2023 $346,877 $356,963 $355,018 $-10,086
2022 $403,944 $391,830 $350,180 $12,114
2021 $350,190 $347,331 $366,357 $2,859
2020 $406,133 $345,187 $384,797 $60,946
2019 $420,012 $400,692 $342,044 $19,320
2018 $415,879 $390,730 $273,982 $25,149
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