New Jersey State Firemens Assoc-Paterson

EIN: 237081794

Wayne, NJ

Total Revenue
$773,706
Total Expenses
$763,997
Total Assets
$2,170,005
Net Assets
$2,170,005
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
NJ
Principal Officer
Jason A Macones
Phone
9735839746
Tax Period
2025-01-01 to 2025-12-31

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.

Mission

Assist firefighters and their families in times of need

Program Service Accomplishments

Program 1
Expenses: $533,186 Revenue: $0

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...

Read more

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.

Program 2
Expenses: $180,179 Revenue: $0

Payment of direct financial assistance to firefighters or their widows in time of financial need.

Program 3
Expenses: $10,245 Revenue: $0

Reimbursement of expenses to Delegates and Life Members who attended the annual convention of the NJSFA in Wildwood, NJ.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $720,559
Investment Income $53,147
Other Revenue $0
TOTAL REVENUE $773,706

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,250
Fundraising Expenses $0
Program Expenses $723,610
Other Expenses $544,568
TOTAL EXPENSES $763,997

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
600

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
4
$30,500
Total Directors
7
$8,750
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $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
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare New Jersey State Firemens Assoc-Paterson with other nonprofits in New Jersey and across the country.