NJ State Veterans Chamber of Commerce

EIN: 832220552 Employment

Marlboro, NJ

Total Revenue
$645,890
Total Expenses
$556,586
Total Assets
$169,001
Net Assets
$169,001
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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
2018
Legal Domicile
NJ
Principal Officer
Jeff Cantor
Phone
7327787708
Tax Period
2023-01-01 to 2023-12-31

NJ State Veterans Chamber of Commerce, founded in 2018, is a small nonprofit in the Employment sector that reported $646K in total revenue in fiscal year 2023. Revenue surged 631% from the prior year, signaling strong growth momentum. Expenses of $557K left a modest 14% surplus.

Mission

Provide education, business advocacy, networking procurement and events to create an procurement and events to create an and create job oppritunites for all veterans.

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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 $504,046
Program Service Revenue $140,607
Investment Income $0
Other Revenue $1,237
TOTAL REVENUE $645,890

Expense Breakdown

Grants Paid $0
Salaries & Benefits $271,066
Fundraising Expenses $0
Program Expenses $492,983
Other Expenses $285,520
TOTAL EXPENSES $556,586

Year-over-Year Comparison

2023 2022 Change
Revenue $645,890 $88,384 +6.3%
Expenses $556,586 $61,199 +8.1%
Net Income $89,304 $27,185 +2.3%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
16
Independent Members
16
Employees
1
Volunteers
10

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
3
$0
Total Directors
1
$129,832
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Cantor CEO 10.00
Director
$129,832 $0 $129,832
Francisco Cortes President 5.00
Officer
$0 $0 $0
Ava Cantor Board Member 2.00
Officer
$0 $0 $0
Timothy Kerner Board Member 2.00
Officer
$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
2024 No data No data No data No data
2023 $645,890 $556,586 $169,001 $89,304
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