Civic Intelligence

New Jersey State Association of Insurance and Finance

990EZ • Fiscal year 2018 • EIN 22-1510774

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 15, 2018

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

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Net Margin

25th percentile

-8.3%

Higher net margin than 25% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2018 filings • 501(c)6 • <$500k nonprofits • Source year 2018

Asset Growth

31st percentile

-7.2%

Faster asset growth than 31% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

11th percentile

-29%

Faster revenue growth than 11% of similar nonprofits.

2018 filings • 501(c)6 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$77,202

Down $6,012 (-7.2%) from 2017

Net Assets

Down

$77,202

Down $6,012 (-7.2%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin25th percentile

Revenue

Down

$72,547

Down $30,330 (-29%) from 2017

Expenses

Down

$78,560

Down $16,993 (-18%) from 2017

Net Income

Down

-$6,013

Down $13,337 (-182%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth31st 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

2018

Assets$77,202
Liabilities$0
Net Assets$77,202
Open 2018 Filing

Operations Trend

Revenue Growth11th 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

2018

Revenue$72,547
Expenses$78,560
Net Income-$6,013
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 15, 2018
Return Version
2017v2.3
Gross Receipts
$72,547
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 Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CORRADO GUGLIOTTAState President - Elect-$0--
THOMAS C PIERSANTI SR CLU RHUState Immediate Past President-$0--
DAVID J HOUSEState President-$0--
DENNIS P CUCCINELLIState National Committeeperson-$0--
Kristine Buckles CAEState Executive-$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
Thomas C Piersanti Clu Rhu
Title
President
Phone
7324220748
Signed
2018-10-15
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
James Decker
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 8

“Description:MISCELLANEOUS Amount:1640”

Form 990EZ Part I Line 16

“Description:LOBBYIST EXPENSE Amount:20500”

Form 990EZ Part I Line 16

“Description:INSURANCE Amount:2357”

Form 990EZ Part I Line 16

“Description:MANAGEMENT FEE Amount:36000”

Form 990EZ Part I Line 16

“Description:COMMITTEE EXPENSE Amount:2150”

Form 990EZ Part I Line 16

“Description:OTHER EXPENSES Amount:2953”

Raw XML Appendix141 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/BooksInCareOfDetail/PersonNm0ALICE ALEXANDER
IRS990EZ/BooksInCareOfDetail/PhoneNum07324220748
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02550 N LAKEVIEW UNIT S704
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd060614
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt083214
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt077202
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-6013
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt01250
IRS990EZ/FiledScheduleAInd0false
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt083214
IRS990EZ/Form990TotalAssetsGrp/EOYAmt077202
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt072547
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartIVInd0X
IRS990EZ/InvestmentIncomeAmt0110
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt068652
IRS990EZ/MethodOfAccountingOtherDesc0MOD. ACCRUAL
IRS990EZ/NetAssetsOrFundBalancesBOYAmt083214
IRS990EZ/NetAssetsOrFundBalancesEOYAmt077202
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt083214
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt077202
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.5
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CORRADO GUGLIOTTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1THOMAS C PIERSANTI SR CLU RHU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DAVID J HOUSE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DENNIS P CUCCINELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Kristine Buckles CAE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0STATE PRESIDENT - ELECT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1STATE IMMEDIATE PAST PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2STATE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3STATE NATIONAL COMMITTEEPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4State Executive
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt070110
IRS990EZ/OtherRevenueTotalAmt01640
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/ProgramServiceRevenueAmt02145
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/SalariesOtherCompEmplBnftAmt07200
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt078560
IRS990EZ/TotalRevenueAmt072547
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0www.naifanj.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:MISCELLANEOUS Amount:1640
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:LOBBYIST EXPENSE Amount:20500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description:INSURANCE Amount:2357
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description:MANAGEMENT FEE Amount:36000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Description:COMMITTEE EXPENSE Amount:2150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Description:OTHER EXPENSES Amount:2953
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS C PIERSANTI CLU RHU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07324220748
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-15
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/FilingSecurityInformation/AtSubmissionCreationDeviceId04A91046308726C7122D78C1D3B70C51D332EE6B3
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09686A2623AC960D24B2D832C3AD651A42636F67F
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId022006220183095000028
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt02018-11-05
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.226.125.50
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WithumSmithBrown PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE TOWER CENTER BLVD 14TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008816
ReturnHeader/PreparerPersonGrp/PhoneNum07328281614
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0James Decker
ReturnHeader/ReturnTs02018-11-05T12:00:37-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$77,202
Liabilities
$0
Net assets
$77,202
Revenue
$72,547
Expenses
$78,560
Net income
-$6,013
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