ORGANIZATION OF NURSE LEADERS OF NJ INC

EIN: 222540486

MONROE TOWNSHIP, NJ

Total Revenue
$400,498
Total Expenses
$354,270
Total Assets
$375,999
Net Assets
$294,190
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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
1984
Legal Domicile
NJ
Principal Officer
SUSAN CHOLEWKA
Phone
7324217557
Tax Period
2023-01-01 to 2023-12-31

ORGANIZATION OF NURSE LEADERS OF NJ INC, founded in 1984, is a small nonprofit that reported $400K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $354K left a modest 12% surplus.

Mission

TO ADVOCATE FOR NURSE LEADERS ON HEALTHCARE ISSUES AND POLICY, ADVANCE CURRENT AND ASPIRING NURSE LEADERS BY PROVIDING EDUCATION AND MENTORSHIP AND ENGAGE MEMBERS ON HEALTHCARE ISSUES THAT IMPACT NURSING 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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $354,370
Investment Income $38,300
Other Revenue $7,828
TOTAL REVENUE $400,498

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $354,270
TOTAL EXPENSES $354,270

Year-over-Year Comparison

2023 2022 Change
Revenue $400,498 $287,486 +0.4%
Expenses $354,270 $312,555 +0.1%
Net Income $46,228 $-25,069 -2.8%
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
N/A
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RITA SMITH Past President 0.00
Director
$0 $0 $0
HELENE M BURNS President 0.00
Director
$0 $0 $0
KATHLEEN BORENSTEIN Director 0.00
Director
$0 $0 $0
SUSAN CHOLEWKA EXECUTIVE DIREC 0.00
Director
$0 $0 $0
DONNA CIUFO Director 0.00
Director
$0 $0 $0
DONNA BONACORSO Director 0.00
Director
$0 $0 $0
MARY L JOHANSEN Director 0.00
Director
$0 $0 $0
CATHY HUGHES Director 0.00
Director
$0 $0 $0
KATHY DEVINE Director 0.00
Director
$0 $0 $0
BETTYANN KEMPIN Director 0.00
Director
$0 $0 $0
MARY JO LOUGHLIN President Elect 0.00
Director
$0 $0 $0
LAUREN COOKE Director 0.00
Director
$0 $0 $0
DIANE JULIANO Director 0.00
Director
$0 $0 $0
BRANDEE FETHERMAN Director 0.00
Director
$0 $0 $0
KATHLEEN KAMINSKY Director 0.00
Director
$0 $0 $0
LAURA MULARZ Director 0.00
Director
$0 $0 $0
RITA ZENNA Director 0.00
Director
$0 $0 $0
TRACY VITALE Director 0.00
Director
$0 $0 $0
TIA SHECK Director 0.00
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
2023 $400,498 $354,270 $375,999 $46,228
2022 $287,486 $312,555 $334,052 $-25,069
2021 $205,116 $191,115 $346,840 $14,001
2019 $373,314 $422,075 $372,804 $-48,761
2018 $367,591 $369,964 $406,609 $-2,373
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