COMMUNITY ASSOCIATIONS INSTITUTE - NEW JERSEY CHAPTER

EIN: 510240972

FREEHOLD, NJ

Total Revenue
$1,384,559
Total Expenses
$1,304,535
Total Assets
$1,483,870
Net Assets
$897,658
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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
1978
Legal Domicile
NJ
Principal Officer
JOSEPH CHORBA
Phone
6095880030
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY ASSOCIATIONS INSTITUTE - NEW JERSEY CHAPTER, founded in 1978, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.3M left a modest 6% surplus.

Mission

TO EDUCATE AND REPRESENT AMERICA'S RESIDENTIAL COMMUNITY ASSOCIATION INDUSTRY.

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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 $1,212,707
Investment Income $27,657
Other Revenue $144,195
TOTAL REVENUE $1,384,559

Expense Breakdown

Grants Paid $0
Salaries & Benefits $527,910
Fundraising Expenses $0
Program Expenses $945,306
Other Expenses $776,625
TOTAL EXPENSES $1,304,535

Year-over-Year Comparison

2023 2022 Change
Revenue $1,384,559 $1,297,326 +0.1%
Expenses $1,304,535 $1,238,616 +0.1%
Net Income $80,024 $58,710 +0.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
5
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
6
$148,133
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER NICOSIA CMCA AMS PCAM PRESIDENT 1.00
Officer Director
$0 $0 $0
RYAN FLEMING EBP VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MARY BARRETT ESQ SECRETARY 1.00
Officer Director
$0 $0 $0
STEVEN MLENAK ESQ PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
JOSEPH CHORBA CPA TREASURER 1.00
Officer Director
$0 $0 $0
TONY NARDONE MBA PCAM TRUSTEE 1.00
Director
$0 $0 $0
KRISTINA MUNSON TRUSTEE 1.00
Director
$0 $0 $0
CAROL NICKERSON CMCA TRUSTEE 1.00
Director
$0 $0 $0
BENJAMIN BASCH EBP TRUSTEE 1.00
Director
$0 $0 $0
CHARLES LAVINE TRUSTEE 1.00
Director
$0 $0 $0
ROBERT A TRAVIS CIRMS TRUSTEE 1.00
Director
$0 $0 $0
ANGELA KAVANAUGH CHAPTER EXECUTIVE DIRECTOR 40.00
Officer
$131,726 $16,407 $148,133
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
2024 No data No data No data No data
2023 $1,384,559 $1,304,535 $1,483,870 $80,024
2022 $1,297,326 $1,238,616 $1,409,345 $58,710
2021 $1,313,461 $1,055,636 $1,217,432 $257,825
2020 $677,174 $862,272 $1,001,351 $-185,098
2018 $1,118,581 $1,134,253 $878,956 $-15,672
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