New Jersey Association On Correction

EIN: 221729877 501(c)(3)

Trenton, NJ

Total Revenue
$11,325,793
Total Expenses
$12,197,178
Total Assets
$7,611,064
Net Assets
$3,910,055
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
NJ
Principal Officer
Angel Perez
Phone
6093968900
Tax Period
2024-07-01 to 2025-06-30

New Jersey Association On Correction, founded in 1961, is a mid-sized nonprofit that reported $11.3M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year.

Mission

PROMOTE SOCIAL JUSTICE AND HUMAN DIGNITY in the policies and INSTITUTIONS WHICH GOVERN OFFENDERS AND VICTIMS OF CRIME THROUGH EDUCATIONAL, LEGISLATIVE, AND REHABILITATIVE PROGRAMS.

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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 $5,911,436
Program Service Revenue $5,263,831
Investment Income $128,094
Other Revenue $22,432
TOTAL REVENUE $11,325,793

Expense Breakdown

Grants Paid $1,827,401
Salaries & Benefits $6,968,660
Fundraising Expenses $0
Program Expenses $10,584,982
Other Expenses $3,401,117
TOTAL EXPENSES $12,197,178

Year-over-Year Comparison

2024 2023 Change
Revenue $11,325,793 $12,561,402 -0.1%
Expenses $12,197,178 $13,054,987 -0.1%
Net Income $-871,385 $-493,585 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
9
Independent Members
9
Employees
216
Volunteers
9

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
6
$431,487
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGEL PEREZ EXECUTIVE DIRECTOR 37.5
Officer
$168,761 $6,289 $175,050
DIANE HOBBS CHIEF FINANCIAL OFFICER 37.5
Officer
$130,560 $9,144 $139,704
QUARTICHA PERKINS CHIEF OPERATING OFFICER 37.5
Officer
$113,510 $3,223 $116,733
DIANNE SCOTT-BEY VICE PRESIDENT 1.0
Officer Director
$0 $0 $0
CALVIN JOHN SMILEY PHD PRESIDENT 1.0
Officer Director
$0 $0 $0
ANTHONY P CARABELLI JR SECRETARY 1.0
Officer Director
$0 $0 $0
JESSICA ZOROLA BOARD MEMBER 1.0
Director
$0 $0 $0
QUINTON LAW BOARD MEMBER 1.0
Director
$0 $0 $0
REED GUSCIORA BOARD MEMBER 1.0
Director
$0 $0 $0
JIM REEDER III BOARD MEMBER 1.0
Director
$0 $0 $0
SHARON EDWARDS PARRIS BOARD MEMBER 1.0
Director
$0 $0 $0
MATTHEW J SHERIDAN BOARD MEMBER 1.0
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 $11,325,793 $12,197,178 $7,611,064 $-871,385
2024 $12,561,402 $13,054,987 $9,446,670 $-493,585
2023 $11,802,525 $12,350,307 $9,187,471 $-547,782
2022 $12,637,889 $11,187,745 $9,901,943 $1,450,144
2021 $12,697,477 $11,017,069 $8,227,605 $1,680,408
2020 $9,890,781 $9,527,266 $7,060,626 $363,515
2019 $8,123,179 $8,290,246 $5,284,512 $-167,067
2018 $7,862,144 $8,049,991 $5,817,494 $-187,847
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