New Jersey Education Association

“New jersey education association (njea) is a membership organization. Membership to njea is described in article iii of its constitution which is available upon request.”

“The election of new jersey education association's officers is described in article vii of its constitution which is available upon request.”

“According to article xiv of njea's contitution. Amendments to new jersey education association's constitution may be proposed for consideration by a majority vote of the delegate assembly, or may be proposed by a petition signed by not less than 500 active members of the association. Amendments so proposed shall be published in full in the official publication of the association and shall then be submitted by ballot to the active members of the association under the provisions governing the election of officers. Voting on amendments may take place regardless of whether the election of officers is also taking place. A two-thirds vote of all ballots cast on the amendment shall be necessary for its adoption. Amendement to njea's by-laws must be approved by a majority vote of the executive committee or at majority vote of the delegate assembly. Amendments so proposed shall be submitted to the constitution review committee for reveiw and recommendation and shall be published in the official publication of njea. A three-fourths vote of all members of the delegate assembly shall then be necessary for adoption of such amendments.”

“New jersey education association's form 990 is prepared by its independent accountant. The return is then reviewed by njea's officers and governing body.”

“THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY FOR NJEA OFFICIALS: No NJEA official shall, directly or indirectly, have any interest or relationship, take any action or engage in any transaction, or incur any obligation which is in conflict with, or gives the appearance of a conflict with, the proper and faithful performance of his or her NJEA responsibilities. A COPY OF THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO ALL NJEA OFFICIALS, ALL CANDIDATES FOR NJEA OFFICE, AND ALL PERSONS WHO BECOME MEMBERS OF NJEA COMMITTEES OR ARE OTHERWISE DESIGNATED TO REPRESENT NJEA EACH YEAR. A REVIEW OF THE POLICY AND ITS RELATED PROCEDURES ARE REVIEWED AND PRESENTED ANNUALLY. THE CURRENT NJEA STAFF CONTRACTS INCLUDES A CONFLICT OF INTEREST SECTION, SPECIFICALLY: AVOIDANCE OF CONFLICT OF INTEREST (MONITORED ANNUALLY): No NJEA employee shall accept in any form or by any means anything of value which he/she knows or has reason to believe is offered to him/her with the intent to influence him/her in the performance of his/her NJEA duties and responsibilities.”

“Executive Director, Management and Key Employee Compensation: The organization collected comparative data from similar state associations to set its Executive Director, management and key employee compensations schedules. The schedules were presented and approved by its governing body (or Executive Committee). Officers' Compensation: The officers' compensation is calculated based on a formula using members' salaries and average annual increases. This formula is approved by the members of the organization's Delegate Assembly.”

“New jersey education association makes its governing documents and financial statements available to the public upon request.”

“Fasb asc 715 other comprehensive income 35,353,244.”

“New jersey education association's (njea) governing body is responsible for overseeing the financial statement audit and selection of the independent accountant that performs the audit. Njea's financial statements are prepared on a consolidated basis.”