NEW JERSEY STATE NURSES ASSOCIATION

EIN: 221154011

TRENTON, NJ

Total Revenue
$841,986
Total Expenses
$925,266
Total Assets
$1,956,796
Net Assets
$1,133,772
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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
1902
Legal Domicile
NJ
Principal Officer
JUDITH SCHMIDT
Phone
6098835335
Tax Period
2024-06-01 to 2025-05-31

NEW JERSEY STATE NURSES ASSOCIATION, founded in 1902, is a small nonprofit that reported $842K in total revenue in fiscal year 2024.

Mission

PROFESSIONAL ASSOCIATION FOR REGISTERED NURSES DESIGNED TO PROMOTE THE ADVANCEMENT OF NURSES, NURSING AND THE PROFESSION, AS AN ESSENTIAL INDEPENDENT AND DISTINCT SOCIAL SERVICE.

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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 $752,793
Investment Income $2,738
Other Revenue $86,455
TOTAL REVENUE $841,986

Expense Breakdown

Grants Paid $0
Salaries & Benefits $401,899
Fundraising Expenses $0
Other Expenses $523,367
TOTAL EXPENSES $925,266

Year-over-Year Comparison

2024 2023 Change
Revenue $841,986 $789,967 +0.1%
Expenses $925,266 $831,460 +0.1%
Net Income $-83,280 $-41,493 +1.0%
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
15
Employees
7
Volunteers
38

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
5
$146,620
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET DAINGERFIELD PRESIDENT 0.50
Officer Director
$0 $0 $0
KRISTIN SAGEDY PRESIDENT-ELECT 0.50
Officer Director
$0 $0 $0
MAUREEN CLARK-GALLAGHER TREASURER 0.50
Officer Director
$0 $0 $0
AKIA BLANDON SECRETARY 0.50
Officer Director
$0 $0 $0
SANDRA FOLEY IMMEDIATE PAST PRESIDENT 0.50
Director
$0 $0 $0
SHEILA CALDWELL DIRECTOR 0.50
Director
$0 $0 $0
VIRGINA CARREIRA DIRECTOR 0.50
Director
$0 $0 $0
MARGARET HOPKINS DIRECTOR 0.50
Director
$0 $0 $0
KAREN KINSLEY DIRECTOR 0.50
Director
$0 $0 $0
MARILYN MAPP DIRECTOR 0.50
Director
$0 $0 $0
DENISE NASH-LUCKENBACH DIRECTOR 0.50
Director
$0 $0 $0
JACKIE OWENS DIRECTOR 0.50
Director
$0 $0 $0
LARIDER RUFFIN DIRECTOR 0.50
Director
$0 $0 $0
ALISSA WALASZEK DIRECTOR 0.50
Director
$0 $0 $0
GINNETTE WATKINS-KELLER DIRECTOR 0.50
Director
$0 $0 $0
JUDY SCHMIDT CEO 18.00
Officer
$142,780 $3,840 $146,620
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 $841,986 $925,266 $1,956,796 $-83,280
2024 $789,967 $831,460 $2,033,608 $-41,493
2023 $826,001 $858,588 $2,131,375 $-32,587
2022 $821,918 $802,017 $1,329,171 $19,901
2021 $857,561 $670,933 $1,296,555 $186,628
2020 $802,112 $679,501 $1,090,941 $122,611
2019 $775,757 $762,034 $958,673 $13,723
2018 $859,778 $960,036 $899,061 $-100,258
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