MEADOWLANDS TRANSPORTATION BROKERAGE CORP

EIN: 222508337 501(c)(3)

WOODRIDGE, NJ

Total Revenue
$8,580,292
Total Expenses
$8,127,871
Total Assets
$13,204,428
Net Assets
$11,938,511
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
NJ
Principal Officer
KRISHNA MURTHY
Phone
2019394242
Tax Period
2024-07-01 to 2025-06-30

MEADOWLANDS TRANSPORTATION BROKERAGE CORP, founded in 1983, is a community nonprofit that reported $8.6M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $8.1M left a modest 5% surplus.

Mission

IMPLEMENT TRANSPORTATION PROGRAMS AND SERVICES THAT ENHANCE THE QUALITY OF LIFE, REGIONAL MOBILITY AND ECONOMIC OPPORTUNITY FOR PEOPLE IN NEW JERSEY.

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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 $2,388,982
Program Service Revenue $5,918,651
Investment Income $271,794
Other Revenue $865
TOTAL REVENUE $8,580,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,230,896
Fundraising Expenses $0
Program Expenses $6,720,308
Other Expenses $5,896,975
TOTAL EXPENSES $8,127,871

Year-over-Year Comparison

2024 2023 Change
Revenue $8,580,292 $7,269,046 +0.2%
Expenses $8,127,871 $6,624,152 +0.2%
Net Income $452,421 $644,894 -0.3%
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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Governance

Voting Members
19
Independent Members
19
Employees
79
Volunteers
19

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
$559,480
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISHNA MURTHY PRESIDENT & CEO 50.0
Officer
$275,447 $20,228 $295,675
AVNISH GUPTA COO & General Counsel 50.0
Officer
$237,660 $26,145 $263,805
PERRY E FRENZEL CHAIRMAN 1.0
Officer Director
$0 $0 $0
PATRICIA OTT Vice Chair 1.0
Officer Director
$0 $0 $0
CHIP HALLOCK Secretary 1.0
Officer Director
$0 $0 $0
RONALD E NICHOLS Treasurer 1.0
Officer Director
$0 $0 $0
TERRIANN NOORE-ABRAMS TRUSTEE 1.0
Director
$0 $0 $0
SCOTT BOGREN TRUSTEE 1.0
Director
$0 $0 $0
ROBERT R CEBERIO TRUSTEE 1.0
Director
$0 $0 $0
Eric Derer TRUSTEE 1.0
Director
$0 $0 $0
SAL GENTILE TRUSTEE 1.0
Director
$0 $0 $0
KENNETH HANSEN TRUSTEE 1.0
Director
$0 $0 $0
William J Heller Esq TRUSTEE 1.0
Director
$0 $0 $0
JAMES KIRKOS TRUSTEE 1.0
Director
$0 $0 $0
NADEREH MOINI TRUSTEE 1.0
Director
$0 $0 $0
Jeffrey Perlman TRUSTEE 1.0
Director
$0 $0 $0
William Riviere TRUSTEE 1.0
Director
$0 $0 $0
THOMAS SCHULZE TRUSTEE 1.0
Director
$0 $0 $0
Richard D Tomko TRUSTEE 1.0
Director
$0 $0 $0
MICHAEL VIEIRA TRUSTEE 1.0
Director
$0 $0 $0
Rebecca L Williams TRUSTEE 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 $8,580,292 $8,127,871 $13,204,428 $452,421
2024 $7,269,046 $6,624,152 $12,661,306 $644,894
2023 $6,788,107 $5,814,625 $11,548,829 $973,482
2022 $5,920,544 $5,148,625 $10,259,037 $771,919
2021 $5,724,797 $4,904,568 $9,362,092 $820,229
2020 $6,833,497 $6,833,560 $8,511,697 $-63
2019 $8,040,385 $7,633,039 $8,343,069 $407,346
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