Civic Intelligence

New Jersey State Association of Insurance and Finance

990EZ • Fiscal year 2015 • EIN 22-1510774

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 08, 2015

Organization Profilewww.naifanj.com
2550 N Lakeview Unit S704Chicago, IL 60614

(732) 422-0748

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.01x

Higher debt load relative to assets than 51% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

52nd percentile

0.00x

Higher debt load relative to revenue than 52% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

11th percentile

-22%

Higher net margin than 11% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

16th percentile

-20%

Faster asset growth than 16% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

64th percentile

7.5%

Faster revenue growth than 64% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$87,003

Down $21,891 (-20%) from 2014

Net Assets

Down

$86,552

Down $21,891 (-20%) from 2014

Liabilities

Flat

$451

Flat from 2014

Revenue And Expenses
Liabilities / Revenue52nd percentileNet Margin11th percentile

Revenue

Up

$97,619

Up $6,779 (+7.5%) from 2014

Expenses

Up

$119,510

Up $12,726 (+12%) from 2014

Net Income

Down

-$21,891

Down $5,947 (-37%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2010: $70,544Liabilities 2010: $432Net Assets 2010: $70,1122010Assets 2012: $117,739Liabilities 2012: $376Net Assets 2012: $117,3632012Assets 2013: $124,961Liabilities 2013: $574Net Assets 2013: $124,3872013Assets 2014: $108,894Liabilities 2014: $451Net Assets 2014: $108,4432014Assets 2015: $87,003Liabilities 2015: $451Net Assets 2015: $86,5522015Assets 2016: $75,973Liabilities 2016: $451Net Assets 2016: $75,5222016Assets 2017: $83,214Liabilities 2017: $0Net Assets 2017: $83,2142017Assets 2018: $77,202Liabilities 2018: $0Net Assets 2018: $77,2022018Assets 2020: $111,607Liabilities 2020: $30,886Net Assets 2020: $80,7212020Assets 2021: $136,264Liabilities 2021: $27,438Net Assets 2021: $108,8262021Assets 2022: $144,119Liabilities 2022: $24,703Net Assets 2022: $119,4162022Assets 2023: $193,430Liabilities 2023: $50,000Net Assets 2023: $143,4302023Assets 2024: $230,367Liabilities 2024: $64,724Net Assets 2024: $165,6432024

Highlighted filing

2015

Assets$87,003
Liabilities$451
Net Assets$86,552
Open 2015 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2010: $126,967Expenses 2010: $98,651Net Income 2010: $28,3162010Revenue 2012: $146,287Expenses 2012: $105,111Net Income 2012: $41,1762012Revenue 2013: $101,385Expenses 2013: $94,361Net Income 2013: $7,0242013Revenue 2014: $90,840Expenses 2014: $106,784Net Income 2014: -$15,9442014Revenue 2015: $97,619Expenses 2015: $119,510Net Income 2015: -$21,8912015Revenue 2016: $88,455Expenses 2016: $99,854Net Income 2016: -$11,3992016Revenue 2017: $102,877Expenses 2017: $95,553Net Income 2017: $7,3242017Revenue 2018: $72,547Expenses 2018: $78,560Net Income 2018: -$6,0132018Revenue 2020: $107,537Expenses 2020: $89,547Net Income 2020: $17,9902020Revenue 2021: $107,349Expenses 2021: $79,244Net Income 2021: $28,1052021Revenue 2022: $107,684Expenses 2022: $97,094Net Income 2022: $10,5902022Revenue 2023: $106,903Expenses 2023: $82,889Net Income 2023: $24,0142023Revenue 2024: $122,778Expenses 2024: $100,565Net Income 2024: $22,2132024

Highlighted filing

2015

Revenue$97,619
Expenses$119,510
Net Income-$21,891
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 8, 2015
Return Version
2014v5.0
Gross Receipts
$97,619
Mission and Program Overview

Mission

To promote the adoption and application of higher standards of ethical conduct in the profession of life insurance underwriters and financial advisors.

Program Services

DescriptionGrantsExpenses
TO PROMOTE THE ADOPTION AND APPLICATION OF HIGHER STANDARDS OF ETHICAL CONDUCT IN THE PROFESSION OF LIFE INSURANCE UNDERWRITERS AND FINANCIAL ADVISORS.--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
LYNDA M BACOlLIState President - Elect-$0--
ROLAND J BASINSKI CLU CHFC LUTCFState Immediate Past President-$0--
THOMAS C PIERSANTI CLU RHUState President-$0--
GEORGE SUTPHENState Membership Chair-$0--
KRISTINE BUCKLES CAEDirector-$0--
DENNIS P CUCCINELLIFirst VP-$0--
MARY HOLEVINSKI LUTCF RHUState Apic Chair-$0--
LAWRENCE LEWIS J D LUTCFState Government Relations-$0--
Filing and Contact Details

Filer

Filer Name
New Jersey State Association of Insurance
EIN
22-1510774
In Care Of
% ALICE ALEXANDER
Phone
7324220748
Address
2550 N Lakeview Unit S704, Chicago, IL 60614

Signing Officer

Name
Lynda M Bacolli
Title
President
Phone
7324220748
Signed
2015-10-08
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
1 SPRING STREET, NEW BRUNSWICK, NJ 08901
Preparer
James Decker
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 8

“Description:CONVENTION REVENUE Amount:18720”

Form 990EZ Part I Line 8

“Description:INCOME FROM LOCAL CHAP Amount:870”

Form 990EZ Part I Line 8

“Description:ERRORS AND OMISSION CO Amount:1200”

Form 990EZ Part I Line 16

“Description:LOBBYIST EXPENSE Amount:21600”

Form 990EZ Part I Line 16

“Description:INSURANCE Amount:3141”

Form 990EZ Part I Line 16

“Description:MANAGEMENT FEE Amount:40194”

Form 990EZ Part I Line 16

“Description:COMMITTEE EXPENSE Amount:2074”

Form 990EZ Part I Line 16

“Description:CHARITABLE CONTRIBUTIONS Amount:175”

Form 990EZ Part I Line 16

“Description:OTHER EXPENSES Amount:12880”

Raw XML Appendix153 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0ALICE ALEXANDER
IRS990EZ/BooksInCareOfDetail/PhoneNum07324220748
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 155
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0INGLESIDE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060041
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0108889
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt087003
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-21891
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01200
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0108894
IRS990EZ/Form990TotalAssetsGrp/EOYAmt087003
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt097619
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0107
IRS990EZ/LandAndBuildingsGrp/BOYAmt05
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt076722
IRS990EZ/MethodOfAccountingOtherDesc0MODIFIED ACCRUAL
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0108443
IRS990EZ/NetAssetsOrFundBalancesEOYAmt086552
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0108443
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt086552
IRS990EZ/OccupancyRentUtltsAndMaintAmt01195
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0LYNDA M BACOlLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROLAND J BASINSKI CLU CHFC LUTCF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS C PIERSANTI CLU RHU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3GEORGE SUTPHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KRISTINE BUCKLES CAE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5DENNIS P CUCCINELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6MARY HOLEVINSKI LUTCF RHU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7LAWRENCE LEWIS J D LUTCF
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0STATE PRESIDENT - ELECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1STATE IMMEDIATE PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2STATE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3STATE MEMBERSHIP CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5FIRST VP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6STATE APIC CHAIR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7STATE GOVERNMENT RELATIONS
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0108688
IRS990EZ/OtherRevenueTotalAmt020790
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROMOTE THE ADOPTION AND APPLICATION OF HIGHER STANDARDS OF ETHICAL CONDUCT IN THE PROFESSION OF LIFE INSURANCE UNDERWRITERS AND FINANCIAL ADVISORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROMOTE THE ADOPTION AND APPLICATION OF HIGHER STANDARDS OF ETHICAL CONDUCT IN THE PROFESSION OF LIFE INSURANCE UNDERWRITERS AND FINANCIAL ADVISORS.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt08427
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0451
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0451
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0119510
IRS990EZ/TotalRevenueAmt097619
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.naifanj.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:CONVENTION REVENUE Amount:18720
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:INCOME FROM LOCAL CHAP Amount:870
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:ERRORS AND OMISSION CO Amount:1200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:LOBBYIST EXPENSE Amount:21600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:INSURANCE Amount:3141
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:MANAGEMENT FEE Amount:40194
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Description:COMMITTEE EXPENSE Amount:2074
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Description:CHARITABLE CONTRIBUTIONS Amount:175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Description:OTHER EXPENSES Amount:12880
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0LYNDA M BACOLLI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07324220748
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-10-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEW JERSEY STATE ASSOCIATION OF INSURANCE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0AND FINANCE
ReturnHeader/Filer/BusinessNameControlTxt0NEWJ
ReturnHeader/Filer/EIN0221510774
ReturnHeader/Filer/InCareOfNm0% ALICE ALEXANDER
ReturnHeader/Filer/PhoneNum07324220748
ReturnHeader/Filer/USAddress/AddressLine1Txt02550 N Lakeview Unit S704
ReturnHeader/Filer/USAddress/CityNm0Chicago
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd060614
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WithumSmithBrown PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 SPRING STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008901
ReturnHeader/PreparerPersonGrp/PhoneNum07328281614
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James Decker
ReturnHeader/ReturnTs02015-11-10T08:00:37-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$87,003
Liabilities
$451
Net assets
$86,552
Revenue
$97,619
Expenses
$119,510
Net income
-$21,891
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.30$0.65$1.66$1.23$1.01$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.93$0.50$1.43$1.07$0.83$0.24
2022Detailed filing. Detailed filing data is available for this year.$1.44$0.25$1.19$1.08$0.97$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.36$0.27$1.09$1.07$0.79$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.12$0.31$0.81$1.08$0.90$0.18
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.73$0.79$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.83$0.00$0.83$1.03$0.96$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.88$1.00$0.11
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.98$1.20$0.22
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.08$0.91$1.07$0.16
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.01$1.24$1.01$0.94$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.00$1.17$1.46$1.05$0.41
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.70$1.27$0.99$0.28