COMMERCE AND INDUSTRY OF NEW JERSEY INC

EIN: 220766160

ROCHELLE PARK, NJ

Total Revenue
$1,369,833
Total Expenses
$1,422,123
Total Assets
$440,345
Net Assets
$249,074
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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
1975
Legal Domicile
NJ
Principal Officer
ANTHONY RUSSO
Phone
2013682100
Tax Period
2024-11-01 to 2025-10-31

COMMERCE AND INDUSTRY OF NEW JERSEY INC, founded in 1975, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024.

Mission

TO BE THE LEADER IN FREE ENTERPRISE ADVOCACY FOR THE PURPOSE OF PROVIDING, THROUGH EDUCATION,LEGISLATIVE VIGILANCE AND MEMBERSHIP INTERACTION. AN ECONOMIC CLIMATE THAT ENHANCES BUSINESS AND MAKES NEW JERSEY A BETTER STATE IN WHICH TO LIVE, WORK AND CONDUCT BUSINESS.

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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 $559,354
Program Service Revenue $628,859
Investment Income $5,467
Other Revenue $176,153
TOTAL REVENUE $1,369,833

Expense Breakdown

Grants Paid $0
Salaries & Benefits $685,444
Fundraising Expenses $0
Other Expenses $736,679
TOTAL EXPENSES $1,422,123

Year-over-Year Comparison

2024 2023 Change
Revenue $1,369,833 $1,395,576 0.0%
Expenses $1,422,123 $1,496,809 0.0%
Net Income $-52,290 $-101,233 -0.5%
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
85
Independent Members
85
Employees
7
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
12
$255,954
Total Directors
74
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AIYSHA JOHNSON DIRECTOR 0.30
Director
$0 $0 $0
ALADAR G KOMJATHY DIRECTOR 0.30
Director
$0 $0 $0
ALAN LLOYD DIRECTOR 0.30
Director
$0 $0 $0
ANTHONY LEE DIRECTOR 0.30
Director
$0 $0 $0
AUDREY MURPHY PAST CHAIR 0.30
Director
$0 $0 $0
AUGUST SODORA DIRECTOR 0.30
Director
$0 $0 $0
B FRANKLIN REINAUER PAST CHAIR 0.30
Director
$0 $0 $0
BARRY PETRUZZI DIRECTOR 0.30
Director
$0 $0 $0
BERNIE PANE DIRECTOR 0.30
Director
$0 $0 $0
BOB GORDON DIRECTOR 0.30
Director
$0 $0 $0
BOB MARTIN DIRECTOR 0.30
Director
$0 $0 $0
BRIAN JOHN CLARK DIRECTOR 0.30
Director
$0 $0 $0
CHRISTOPHER TULLOCH DIRECTOR 0.30
Director
$0 $0 $0
CHUCK CERNIGLIA DIRECTOR 0.30
Director
$0 $0 $0
CINDY MYER DIRECTOR 0.30
Director
$0 $0 $0
CONRAD COLON DIRECTOR 0.30
Director
$0 $0 $0
CORETHIA VE OATES DIRECTOR 0.30
Director
$0 $0 $0
DALE CREAMER DIRECTOR 0.30
Director
$0 $0 $0
DANIEL FOWLER DIRECTOR 0.30
Director
$0 $0 $0
DANIEL M LESKO DIRECTOR 0.30
Director
$0 $0 $0
DAVID CAPODANNO DIRECTOR 0.30
Director
$0 $0 $0
DEBORAH D VISCONI DIRECTOR 0.30
Director
$0 $0 $0
DONALD F BUCKLEY DIRECTOR 0.30
Director
$0 $0 $0
DR KELLY BLUNDY DIRECTOR 0.30
Director
$0 $0 $0
DR CHRISTOPHER ROMANO DIRECTOR 0.30
Director
$0 $0 $0
ED STEVENSON ESQ DIRECTOR 0.30
Director
$0 $0 $0
ERIC M FRIEDMAN DIRECTOR 0.30
Director
$0 $0 $0
GIANFRANCO A PIETRAFESA ESQ DIRECTOR 0.30
Director
$0 $0 $0
JACQUELINE ADELFIO DIRECTOR 0.30
Director
$0 $0 $0
JAMES D'AGOSTINO DIRECTOR 0.30
Director
$0 $0 $0
JAMES R BEATTIE DIRECTOR 0.30
Director
$0 $0 $0
JASON POURAKIS DIRECTOR 0.30
Director
$0 $0 $0
JENNIFER SOLEWSKI DIRECTOR 0.30
Director
$0 $0 $0
JIM TROUWBOR DIRECTOR 0.30
Director
$0 $0 $0
JOHN BRENNAN DIRECTOR 0.30
Director
$0 $0 $0
JOHN CORCORAN DIRECTOR 0.30
Director
$0 $0 $0
JOHN CROMIE DIRECTOR 0.30
Director
$0 $0 $0
JOHN MARCHIONI DIRECTOR 0.30
Director
$0 $0 $0
KEVIN JOYCE DIRECTOR 0.30
Director
$0 $0 $0
KEVIN LUING DIRECTOR 0.30
Director
$0 $0 $0
KEVIN O'CONNOR DIRECTOR 0.30
Director
$0 $0 $0
LAWRENCE INSERRA JR DIRECTOR 0.30
Director
$0 $0 $0
LEONARD VAN DAM DIRECTOR 0.30
Director
$0 $0 $0
LOUIS WEISS PAST CHAIR 0.30
Director
$0 $0 $0
MARTIN W KAFAFIAN ESQ PAST CHAIR 0.30
Director
$0 $0 $0
MATTHEW RICKET DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL A MARON DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL MURPHY DIRECTOR 0.30
Director
$0 $0 $0
MICHAEL SMILOVITCH DIRECTOR 0.30
Director
$0 $0 $0
MILDRED MIHLON DIRECTOR 0.30
Director
$0 $0 $0
NISHA M SIKDER DIRECTOR 0.30
Director
$0 $0 $0
NORMAN ALWORTH DIRECTOR 0.30
Director
$0 $0 $0
PATRICIA DIAZ DIRECTOR 0.30
Director
$0 $0 $0
PAUL KREIGER DIRECTOR 0.30
Director
$0 $0 $0
PAUL MAIDE DIRECTOR 0.30
Director
$0 $0 $0
PETER WEBSTER DIRECTOR 0.30
Director
$0 $0 $0
PHILLIP I BRILLIANT DIRECTOR 0.30
Director
$0 $0 $0
RICHARD W ABRAMSON DIRECTOR 0.30
Director
$0 $0 $0
ROBERT BABEUF DIRECTOR 0.30
Director
$0 $0 $0
ROBERT IACULLO DIRECTOR 0.30
Director
$0 $0 $0
ROBERT M PIGNATELLO DIRECTOR 0.30
Director
$0 $0 $0
ROBERT P EVANS DIRECTOR 0.30
Director
$0 $0 $0
RON ANDERSEN DIRECTOR 0.30
Director
$0 $0 $0
SALLY GLICK DIRECTOR 0.30
Director
$0 $0 $0
STEVEN NAPOLITANO DIRECTOR 0.30
Director
$0 $0 $0
STEVEN SCHINELLA DIRECTOR 0.30
Director
$0 $0 $0
TERRIE O'CONNOR DIRECTOR 0.30
Director
$0 $0 $0
THOMAS P MCNABOLA PAST CHAIR 0.30
Director
$0 $0 $0
THOMAS SHARA DIRECTOR 0.30
Director
$0 $0 $0
TODD GALANTE DIRECTOR 0.30
Director
$0 $0 $0
TRACY STRAKA PAST CHAIR 0.30
Director
$0 $0 $0
ULISES DIAZ DIRECTOR 0.30
Director
$0 $0 $0
WENDY BLACHER DIRECTOR 0.30
Director
$0 $0 $0
WILLIAM J HELLER PAST CHAIR 0.30
Director
$0 $0 $0
ANTHONY RUSSO PRESIDENT 40.00
Officer
$218,700 $37,254 $255,954
DAX STROHMEYER CHAIR 1.00
Officer
$0 $0 $0
DEL MCLENNON AT-LARGE MEMBER 1.00
Officer
$0 $0 $0
DENNIS MIKULA AT-LARGE MEMBER 1.00
Officer
$0 $0 $0
DREW R MALDONADO AT-LARGE MEMBER 1.00
Officer
$0 $0 $0
JAMES A KOSCH AT-LARGE MEMBER 1.00
Officer
$0 $0 $0
JOSEPH IMPERATO JR SECRETARY 1.00
Officer
$0 $0 $0
KATHLEEN ALEXANDER TREASURER 1.00
Officer
$0 $0 $0
KIM VIERHEILIG VICE CHAIR 1.00
Officer
$0 $0 $0
LANNY S KURZWEIL COUNSEL 1.00
Officer
$0 $0 $0
PAUL HARENCAK AT-LARGE MEMBER 1.00
Officer
$0 $0 $0
WILLIAM C HANSON PAST CHAIR 1.00
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
2025 $1,369,833 $1,422,123 $440,345 $-52,290
2024 $1,395,576 $1,496,809 $646,066 $-101,233
2023 $1,447,306 $1,501,794 $861,693 $-54,488
2022 $1,697,502 $1,660,002 $667,041 $37,500
2021 $1,834,954 $1,557,172 $541,577 $277,782
2020 $1,561,359 $1,649,265 $265,509 $-87,906
2019 $2,175,277 $2,270,146 $430,631 $-94,869
2018 $2,235,055 $2,195,866 $525,089 $39,189
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