Southern NJ Development Council

EIN: 210666900 Community Improvement

Turnersville, NJ

Total Revenue
$601,211
Total Expenses
$616,951
Total Assets
$462,806
Net Assets
$462,806
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1960
Legal Domicile
NJ
Principal Officer
Marlene Asselta
Phone
8562252205
Tax Period
2024-01-01 to 2024-12-31

Southern NJ Development Council, founded in 1960, is a small nonprofit in the Community Improvement sector that reported $601K in total revenue in fiscal year 2024.

Mission

Secure business interest in the state of New Jersey

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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 $199,823
Program Service Revenue $383,186
Investment Income $18,202
Other Revenue $0
TOTAL REVENUE $601,211

Expense Breakdown

Grants Paid $0
Salaries & Benefits $437,712
Fundraising Expenses $0
Other Expenses $179,239
TOTAL EXPENSES $616,951

Year-over-Year Comparison

2024 2023 Change
Revenue $601,211 $570,577 +0.1%
Expenses $616,951 $558,375 +0.1%
Net Income $-15,740 $12,202 -2.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
15
Independent Members
285
Employees
6
Volunteers
3

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
0
$0
Total Directors
1
$134,984
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A President 40.00
Director
$134,984 $0 $134,984
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
2025 No data No data No data No data
2024 $601,211 $616,951 $462,806 $-15,740
2023 $570,577 $558,375 $478,546 $12,202
2022 $576,414 $485,910 $516,345 $90,504
2021 $665,258 $514,887 $378,869 $150,371
2020 $353,866 $314,125 No data $39,741
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