Wayne, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Jersey State Firemens Assoc-Paterson, founded in 1910, is a small nonprofit that reported $774K in total revenue in fiscal year 2025. Revenue surged 20% from the prior year, signaling strong growth momentum. Net assets of $2.2M represent 34 months of operating reserves.
Assist firefighters and their families in times of need
Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their...
Assessments retained by State Association are used to pay burial benefits, operate Firemens Home in Booton, NJ, and provide special financial and health care assistance to firefighters and their families.
Payment of direct financial assistance to firefighters or their widows in time of financial need.
Reimbursement of expenses to Delegates and Life Members who attended the annual convention of the NJSFA in Wildwood, NJ.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $773,706 | $643,024 | +0.2% |
| Expenses | $763,997 | $621,168 | +0.2% |
| Net Income | $9,709 | $21,856 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Joseph Statuto | President | 3.50 |
Officer
|
$0 | $8,000 | $8,000 |
| Kyle Hughes | Vice President | 2.50 |
Officer
|
$0 | $2,500 | $2,500 |
| Michael Trommelen | Secretary | 4.00 |
Officer
|
$0 | $10,000 | $10,000 |
| Jason Macones | Treasurer | 4.00 |
Officer
|
$0 | $10,000 | $10,000 |
| Thomas Hirz | Trustee | 3.00 |
Director
|
$0 | $5,000 | $5,000 |
| Herbert Eggers | Trustee | 2.00 |
Director
|
$0 | $1,000 | $1,000 |
| Francisco Peralta | Trustee | 1.00 |
Director
|
$0 | $550 | $550 |
| William Duncan | Trustee | 1.00 |
Director
|
$0 | $550 | $550 |
| Michael Darco | Trustee | 1.00 |
Director
|
$0 | $550 | $550 |
| Robert Stemmler | Trustee | 1.00 |
Director
|
$0 | $550 | $550 |
| Anthony Innocent | Trustee | 1.00 |
Director
|
$0 | $550 | $550 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $773,706 | $763,997 | $2,170,005 | $9,709 |
| 2024 | $645,958 | $621,169 | $2,160,296 | $24,789 |
| 2023 | $584,892 | $591,774 | $2,135,507 | $-6,882 |
| 2022 | $433,044 | $534,369 | $2,142,389 | $-101,325 |
| 2021 | $416,251 | $432,433 | $2,243,714 | $-16,182 |
| 2020 | $413,772 | $391,748 | $2,259,896 | $22,024 |
| 2019 | $410,920 | $343,745 | $2,237,871 | $67,175 |
| 2018 | $350,720 | $334,560 | $2,170,545 | $16,160 |
Compare New Jersey State Firemens Assoc-Paterson with other nonprofits in New Jersey and across the country.