NORTH JERSEY CHAMBER OF COMMERCE

EIN: 220826285

GARFIELD, NJ

Total Revenue
$271,331
Total Expenses
$280,863
Total Assets
$84,875
Net Assets
$-9,785
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NJ
Principal Officer
MICHELLE VERNUCCIO
Phone
9734709300
Tax Period
2024-01-01 to 2024-12-31

NORTH JERSEY CHAMBER OF COMMERCE, founded in 1991, is a small nonprofit that reported $271K in total revenue in fiscal year 2024.

Mission

THE NORTH JERSEY CHAMBER OF COMMERCE (NJCC) IS A COMMUNITY-MINDED, MEMBER-FOCUSED, NON-PROFIT BUSINESS ORGANIZATION. OUR MISSION IS TO FOSTER THE GROWTH AND PROFITABILITY OF OUR MEMBERS VIA A VARIETY OF DYNAMIC NETWORKING EVENTS, EDUCATIONAL SEMINARS, COST-SAVING PROGRAMS, LEGISLATIVE ADVOCACY AND MEMBER-TO-MEMBER COLLABORATIVE OPPORTUNITIES.

Program Service Accomplishments

Program 1
Expenses: $120,414 Revenue: $73,441

A SERIES OF PROGRAMS OFFERING EDUCATIONAL SEMINARS, MEET AND GREETS AND NETWORKING INVOLVING BUSINESS ISSUES OF THE TIMES

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,366
Program Service Revenue $70,125
Investment Income $3,316
Other Revenue $98,524
TOTAL REVENUE $271,331

Expense Breakdown

Grants Paid $0
Salaries & Benefits $157,964
Fundraising Expenses $0
Program Expenses $120,414
Other Expenses $122,899
TOTAL EXPENSES $280,863

Year-over-Year Comparison

2024 2023 Change
Revenue $271,331 $256,875 +0.1%
Expenses $280,863 $258,778 +0.1%
Net Income $-9,532 $-1,903 +4.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
11
Independent Members
10
Employees
6
Volunteers
25

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
3
$98,832
Total Directors
11
$98,832
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA DIAZ TREASURER 0.50
Officer Director
$0 $0 $0
PHIL WAGENTI BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
MICHELLE VERNUCCIO PRESIDENT 40.00
Officer Director
$91,425 $7,407 $98,832
CHERYL MUCHA CHAIRWOMAN 0.50
Officer Director
$0 $0 $0
JAYMES DEJESUS BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
KIM ALVAREZ BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
THANIA ARRANGO BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
PETER D'ANGELO BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
CHRISTINA SCHWINDT BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
EDWARD DAVIES BOARD OF DIRECTOR 0.50
Director
$0 $0 $0
MATTHEW DALY BOARD OF DIRECTOR 0.50
Director
$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 $271,331 $280,863 $84,875 $-9,532
2023 $256,875 $258,778 $94,407 $-1,903
2022 $226,490 $243,312 $96,310 $-16,822
2021 $246,202 $220,367 $120,132 $25,835
2020 $147,400 $196,361 $120,142 $-48,961
2019 $173,123 $171,589 $64,858 $1,534
2018 $161,146 $129,885 $67,036 $31,261
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NORTH JERSEY CHAMBER OF COMMERCE with other nonprofits in New Jersey and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.