NEW JERSEY STATE CHAMBER OF COMMERCE

EIN: 221153980

TRENTON, NJ

Total Revenue
$3,649,051
Total Expenses
$3,743,985
Total Assets
$3,077,351
Net Assets
$1,467,326
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1911
Legal Domicile
NJ
Principal Officer
THOMAS A BRACKEN
Phone
6099897888
Tax Period
2025-01-01 to 2025-12-31

NEW JERSEY STATE CHAMBER OF COMMERCE, founded in 1911, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

THE NEW JERSEY STATE CHAMBER OF COMMERCE PROMOTES A VIBRANT BUSINESS ENVIRONMENT AND ECONOMIC PROSPERITY THROUGH VISION, EXPERTISE AND INNOVATIVE SOLUTIONS.

Program Service Accomplishments

Program 1

THE NEW JERSEY CHAMBER'S GOVERNMENT RELATIONS TEAM PROVIDES BUSINESS ADVOCACY, INCLUDING INTERACTIONS WITH LEGISLATORS AND MEMBERS OF THE GOVERNOR'S CABINET TO DISCUSS WAYS TO REDUCE TAXES AND...

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THE NEW JERSEY CHAMBER'S GOVERNMENT RELATIONS TEAM PROVIDES BUSINESS ADVOCACY, INCLUDING INTERACTIONS WITH LEGISLATORS AND MEMBERS OF THE GOVERNOR'S CABINET TO DISCUSS WAYS TO REDUCE TAXES AND BURDENSOME REGULATIONS, AND TO PROMOTE POLICIES THAT HELP THE STATE'S ECONOMY AND BUSINESSES GROW AND THRIVE. ADDITIONALLY, THE CHAMBER HOSTS A SERIES OF IN-PERSON EVENTS THAT CONNECT THE STATE'S BUSINESS AND POLITICAL LEADERS, INCLUDING A BUSINESS ROUNDTABLE SERIES OF LIVE EVENTS FEATURING LEGISLATORS AND CABINET MEMBERS. THE N.J. CHAMBER ALSO ESTABLISHED AND MEETS REGULARLY WITH THE CHAMBER ALLIANCE, A COALITION OF EXECUTIVES FROM LOCAL AND REGIONAL CHAMBERS OF COMMERCE TO DISCUSS BUSINESS ISSUES OF COMMON INTEREST AND HOW TO ADDRESS THEM TOGETHER.

Program 2

THE NEW JERSEY CHAMBER OF COMMERCE HOSTS IN-PERSON AND VIRTUAL NETWORKING EVENTS WHERE EXECUTIVES FROM CHAMBER MEMBER COMPANIES CONNECTED AND MET PROSPECTIVE CUSTOMERS/CLIENTS. AFTER A FIVE-YEAR...

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THE NEW JERSEY CHAMBER OF COMMERCE HOSTS IN-PERSON AND VIRTUAL NETWORKING EVENTS WHERE EXECUTIVES FROM CHAMBER MEMBER COMPANIES CONNECTED AND MET PROSPECTIVE CUSTOMERS/CLIENTS. AFTER A FIVE-YEAR HIATUS, THE CHAMBER'S SIGNATURE EVENT, THE WALK TO WASHINGTON & CONGRESSIONAL RECEPTION, RETURNED IN 2025. MORE THAN 900 BUSINESS, GOVERNMENT AND NONPROFIT LEADERS TRAVELED TO THE NATION'S CAPITAL ON A CHARTERED AMTRAK TRAIN FOR A PREMIER NETWORKING EVENT HONORING NEW JERSEY'S CONGRESSIONAL DELEGATION.

Program 3

THE NEW JERSEY CHAMBER SUPPORTS EDUCATION AND WORKFORCE READINESS, WITH PROGRAMMING TO HELP THE NEXT GENERATION OF WORKERS PREPARE FOR THE COMPETITIVE WORLDS OF COLLEGE ADMISSIONS AND EMPLOYMENT. THE...

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THE NEW JERSEY CHAMBER SUPPORTS EDUCATION AND WORKFORCE READINESS, WITH PROGRAMMING TO HELP THE NEXT GENERATION OF WORKERS PREPARE FOR THE COMPETITIVE WORLDS OF COLLEGE ADMISSIONS AND EMPLOYMENT. THE N.J. CHAMBER ALSO PRODUCED A SERIES OF WEBINARS TO DISCUSS AND OFFER PRACTICAL ADVICE ON HOT-BUTTON ISSUES FACING NEW JERSEY'S SMALL BUSINESSES. THE CHAMBER ALSO SENDS MEMBERS AN ELECTRONIC NEWSLETTER, CALLED NJ CHAMBEREDGE, FEATURING EXCLUSIVE ARTICLES WITH EXPERT ADVICE ON IMPORTANT MATTERS RANGING FROM JOB RECRUITING TO DEVELOPING BUSINESS PROSPECTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $135,090
Program Service Revenue $3,416,322
Investment Income $83,469
Other Revenue $14,170
TOTAL REVENUE $3,649,051

Expense Breakdown

Grants Paid $3,000
Salaries & Benefits $2,569,765
Fundraising Expenses $0
Other Expenses $1,171,220
TOTAL EXPENSES $3,743,985

Year-over-Year Comparison

2025 2024 Change
Revenue $3,649,051 $3,286,254 +0.1%
Expenses $3,743,985 $3,439,320 +0.1%
Net Income $-94,934 $-153,066 -0.4%
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
112
Independent Members
112
Employees
29
Volunteers
117

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
$792,573
Total Directors
112
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS BRACKEN PRESIDENT/CEO 40.00
Officer
$571,599 $26,339 $597,938
MICHAEL EGENTON EXECUTIVE VP OF GOVERNMENT AFFAIRS 40.00
Highest
$246,036 $39,351 $285,387
KEVIN FRIEDLANDER SENIOR VP OF COMMUNICATIONS 40.00
Highest
$204,331 $43,375 $247,706
REBECCA TURETZKIN SENIOR VP OF FINANCE 40.00
Officer
$163,154 $31,481 $194,635
DONNA CUSTARD PRESIDENT - NJ CHAMBER FDN 0.50
Highest
$165,392 $29,128 $194,520
SANDRA GLOVER-STROTHERS EXECUTIVE DIRECTOR - JAG N 0.50
Highest
$121,864 $30,094 $151,958
RICCARDO PRINCIPATO CREATIVE DIRECTOR/WEB TECH 40.00
Highest
$124,096 $16,098 $140,194
GIL MEDINA CHAIR 0.50
Officer Director
$0 $0 $0
LISA CHOWANSKY 1ST VICE CHAIR 0.50
Officer Director
$0 $0 $0
SAMUEL DONELSON 2ND VICE CHAIR 0.50
Officer Director
$0 $0 $0
TED ZANGARI SECRETARY 0.50
Officer Director
$0 $0 $0
DIANE WASSER TREASURER 0.50
Officer Director
$0 $0 $0
ANDREW AGGER DIRECTOR 0.50
Director
$0 $0 $0
THOMAS ANGELO DIRECTOR 0.50
Director
$0 $0 $0
JOSEPH BAUMANN DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL BERNSTEIN DIRECTOR 0.50
Director
$0 $0 $0
WALTER BRASCH DIRECTOR 0.50
Director
$0 $0 $0
RICHARD BUTKUS DIRECTOR 0.50
Director
$0 $0 $0
RUTHI BYRNE DIRECTOR 0.50
Director
$0 $0 $0
TOM BYRNE DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL CANDIDO DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM CARUSO DIRECTOR 0.50
Director
$0 $0 $0
MONICA CASIELLO DIRECTOR 0.50
Director
$0 $0 $0
CHUCK CERNIGLIA DIRECTOR 0.50
Director
$0 $0 $0
PATRICIA CLAYBROOK DIRECTOR 0.50
Director
$0 $0 $0
PETER COCOZIELLO DIRECTOR 0.50
Director
$0 $0 $0
HOWARD COHEN DIRECTOR 0.50
Director
$0 $0 $0
DIANE CONBOY DIRECTOR 0.50
Director
$0 $0 $0
TIM CORRISTON DIRECTOR 0.50
Director
$0 $0 $0
RAFAEL CUELLAR DIRECTOR 0.50
Director
$0 $0 $0
ROBERT CURLEY DIRECTOR 0.50
Director
$0 $0 $0
GARY DAHMS DIRECTOR 0.50
Director
$0 $0 $0
MARK DANIELE DIRECTOR 0.50
Director
$0 $0 $0
ENRICO DELLA CORNA DIRECTOR 0.50
Director
$0 $0 $0
PAUL DI MAIO DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN DILTS DIRECTOR 0.50
Director
$0 $0 $0
NICK DINALLO DIRECTOR 0.50
Director
$0 $0 $0
PETER DONTAS DIRECTOR 0.50
Director
$0 $0 $0
ERICA DROZD DIRECTOR 0.50
Director
$0 $0 $0
BISHOP DAVID EVANS DIRECTOR 0.50
Director
$0 $0 $0
DALE FAVORS DIRECTOR 0.50
Director
$0 $0 $0
W RAYMOND FELTON DIRECTOR 0.50
Director
$0 $0 $0
MADELINE FERRARO DIRECTOR 0.50
Director
$0 $0 $0
PAUL FRIED DIRECTOR 0.50
Director
$0 $0 $0
JOHN GALLUCCI DIRECTOR 0.50
Director
$0 $0 $0
ALBERTO GAROFALO DIRECTOR 0.50
Director
$0 $0 $0
ROBERT GARRETT DIRECTOR 0.50
Director
$0 $0 $0
SANDRA GILYARD DIRECTOR 0.50
Director
$0 $0 $0
SANDRA GONZALEZ DIRECTOR 0.50
Director
$0 $0 $0
JON GOODA DIRECTOR 0.50
Director
$0 $0 $0
CHRISTOPHER GUITON DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM HAGAMAN DIRECTOR 0.50
Director
$0 $0 $0
DR MERODIE HANCOCK DIRECTOR 0.50
Director
$0 $0 $0
KIM HANEMANN DIRECTOR 0.50
Director
$0 $0 $0
KEVIN HANEY DIRECTOR 0.50
Director
$0 $0 $0
JAMES HANSON DIRECTOR 0.50
Director
$0 $0 $0
JOHN HARMON DIRECTOR 0.50
Director
$0 $0 $0
DEBBIE HART DIRECTOR 0.50
Director
$0 $0 $0
GEORGE HELMY DIRECTOR 0.50
Director
$0 $0 $0
LESLIE HIRSCH DIRECTOR 0.50
Director
$0 $0 $0
JONATHAN HIRSCHFELD DIRECTOR 0.50
Director
$0 $0 $0
KIMBERLY HOLLISTER DIRECTOR 0.50
Director
$0 $0 $0
ALI HOUSHMAND DIRECTOR 0.50
Director
$0 $0 $0
PETER HOVNANIAN DIRECTOR 0.50
Director
$0 $0 $0
LAWRENCE INSERRA DIRECTOR 0.50
Director
$0 $0 $0
AIYSHA JOHNSON DIRECTOR 0.50
Director
$0 $0 $0
TERRILL JORDAN DIRECTOR 0.50
Director
$0 $0 $0
JACLYN KATOR DIRECTOR 0.50
Director
$0 $0 $0
STEVEN KLEIN DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY KNIGHT DIRECTOR 0.50
Director
$0 $0 $0
LAWRENCE KRAMPF DIRECTOR 0.50
Director
$0 $0 $0
PAUL KRIEGER DIRECTOR 0.50
Director
$0 $0 $0
RON LADELL DIRECTOR 0.50
Director
$0 $0 $0
SHANNON LAZARE DIRECTOR 0.50
Director
$0 $0 $0
JOSEPH LEBEL DIRECTOR 0.50
Director
$0 $0 $0
CHRISTOPHER LEPRE DIRECTOR 0.50
Director
$0 $0 $0
MAX LEVENTHAL DIRECTOR 0.50
Director
$0 $0 $0
OLIVER LEWIS DIRECTOR 0.50
Director
$0 $0 $0
TEIK LIM DIRECTOR 0.50
Director
$0 $0 $0
KEVIN LUING DIRECTOR 0.50
Director
$0 $0 $0
PETER MANGIN DIRECTOR 0.50
Director
$0 $0 $0
NICK MANIATIS DIRECTOR 0.50
Director
$0 $0 $0
AMY MANSUE DIRECTOR 0.50
Director
$0 $0 $0
MARK MCDONOUGH DIRECTOR 0.50
Director
$0 $0 $0
BRIAN MCEVILY DIRECTOR 0.50
Director
$0 $0 $0
CARLOS MEDINA DIRECTOR 0.50
Director
$0 $0 $0
PATRICK MIGLIACCIO DIRECTOR 0.50
Director
$0 $0 $0
DOUG MOKOID DIRECTOR 0.50
Director
$0 $0 $0
BRIAN MOLLOY DIRECTOR 0.50
Director
$0 $0 $0
WILL MOREY DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL MUNOZ DIRECTOR 0.50
Director
$0 $0 $0
VITO NARDELLI DIRECTOR 0.50
Director
$0 $0 $0
COLIN NEWMAN DIRECTOR 0.50
Director
$0 $0 $0
MELISSA ORSEN DIRECTOR 0.50
Director
$0 $0 $0
KAREN PATRUNO SHEEHY DIRECTOR 0.50
Director
$0 $0 $0
BRYAN PICKEL DIRECTOR 0.50
Director
$0 $0 $0
BRAXTON PLUMMER DIRECTOR 0.50
Director
$0 $0 $0
AARON PRICE DIRECTOR 0.50
Director
$0 $0 $0
JASON PUCCI DIRECTOR 0.50
Director
$0 $0 $0
LAMONT REPOLLET EDD DIRECTOR 0.50
Director
$0 $0 $0
DUSTIN RICCIO DIRECTOR 0.50
Director
$0 $0 $0
DEBRA RIZZI DIRECTOR 0.50
Director
$0 $0 $0
STEVEN ROSE DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM RUCKERT DIRECTOR 0.50
Director
$0 $0 $0
NICHOLAS SAN FILIPPO DIRECTOR 0.50
Director
$0 $0 $0
JEFFREY SCHEININGER DIRECTOR 0.50
Director
$0 $0 $0
THOMAS SCOTT DIRECTOR 0.50
Director
$0 $0 $0
ERIC SEGUIN DIRECTOR 0.50
Director
$0 $0 $0
DEFOREST SOARIES JR DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL SOMMER DIRECTOR 0.50
Director
$0 $0 $0
DENNIS TOFT DIRECTOR 0.50
Director
$0 $0 $0
KIM VIERHEILIG DIRECTOR 0.50
Director
$0 $0 $0
EDUARDO VILLA DIRECTOR 0.50
Director
$0 $0 $0
DEBORAH VISCONI DIRECTOR 0.50
Director
$0 $0 $0
KELLY WATSON DIRECTOR 0.50
Director
$0 $0 $0
CAROLYN WELSH DIRECTOR 0.50
Director
$0 $0 $0
WESLEY WILCOX DIRECTOR 0.50
Director
$0 $0 $0
RALPH ZUCKER DIRECTOR 0.50
Director
$0 $0 $0
MIKE ZWICK 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
2025 $3,649,051 $3,743,985 $3,077,351 $-94,934
2024 $3,286,254 $3,439,320 $3,223,760 $-153,066
2023 $3,141,097 $3,170,158 $2,857,419 $-29,061
2022 $2,863,441 $3,166,928 $2,915,136 $-303,487
2021 $3,463,173 $3,061,994 $3,348,713 $401,179
2020 $2,814,700 $2,803,831 $2,745,719 $10,869
2019 $3,192,158 $3,034,040 $2,698,430 $158,118
2018 $3,126,390 $2,947,605 $2,693,725 $178,785
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