2024-03-12T09:47:56-05:00 2023-06-30 210650289 KLATZKIN & COMPANY LLP 1670 WHITEHORSE HAM SQ RD HAMILTON NJ 086903513 990 2022-07-01 223198464 ARM IN ARM INC ARMI 6093969355 1 N JOHNSTON AVENUE A230 HAMILTON NJ 08609 DAVID FOX EXECUTIVE DIRECTOR 6093969355 2024-03-12 1 DAVID FOX 999009999 1 Michelle Robb CPA P01312427 6098909189 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ELIZABETH KOEHLER 1 N JOHNSTON AVENUE A230 HAMILTON NJ 08609 4223015 0 X WWW.ARMINARM.ORG X 1992 NJ COMMUNITY OUTREACH 12 11 30 750 0 0 3845713 4032170 59964 65508 56176 61342 0 0 3961853 4159020 1986894 1916421 0 0 1337327 1422046 0 0 219876 417040 518521 3741261 3856988 220592 302032 3452210 4027156 245442 519314 3206768 3507842 X See Schedule O 0 0 3369617 1916421 65508 Arm In Arm partners with our community to achieve food, housing, and employment stability for our neighbors in need. Between 2500 and 3000 families are served per month. 3369617 1 1 0 0 0 0 0 0 1 1 1 1 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 30 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ NY PA X SUN HAE KIM ARM IN ARM 6093969355 1 N JOHNSTON AVENUE SUITE A230 HAMILTON NJ 08609 ELIZABETH KOEHLER CHAIR 5.00 X X 0 0 0 DEBORAH TOPPMEYER MD VICE CHAIR 5.00 X X 0 0 0 SALLYE ZINK TREASURER 5.00 X X 0 0 0 WARREN WILSON SECRETARY 5.00 X X 0 0 0 MICHAEL EHRET MEMBER 1.00 X 0 0 0 VICTOR GIBBS MEMBER 1.00 X 0 0 0 LAURA HEIL MEMBER 1.00 X 0 0 0 DAYRON PROCTOR MEMBER 1.00 X 0 0 0 ERIC I SCHWARTZ MD MEMBER 1.00 X 0 0 0 REV DR DAVID DAVIS MEMBER 1.00 X 0 0 0 REV PAUL JEANES III MEMBER 1.00 X 0 0 0 DAVID FOX EXECUTIVE DIRECTOR 40.00 X X 143102 0 47861 MAUREEN HUNT CHIEF DEVELOPMENT OFFICER 40.00 X 102735 0 35797 245837 0 83658 2 0 1 0 0 126429 1527535 2378206 1347380 4032170 REPRESENTATIVE PAYEE 900099 65508 65508 65508 82531 82531 12361 0 33550 12361 -33550 -21189 -21189 30445 126429 30445 0 4159020 65508 0 61342 1916421 1916421 211209 38018 139398 33793 964028 784409 54496 125123 23611 17950 2536 3125 140308 115427 6730 18151 82890 63825 7460 11605 22274 22274 2708 2708 71246 61984 4987 4275 90927 79107 6365 5455 136985 119177 9589 8219 1590 1590 42689 37139 2988 2562 40491 35227 2834 2430 MAINTENANCE AND SUPPLIE 48470 42169 3393 2908 STORE SUPPLIES AND DISP 32339 32339 PAYROLL SERVICE FEE 11797 9084 1062 1651 TRANSPORTATION 9645 8391 675 579 7360 7360 3856988 3369617 267495 219876 412314 655358 81896 36901 261868 193834 4941 4941 1467 1325 467779 191372 216514 276407 78586 81547 2384973 2473233 9651 303610 3452210 4027156 108848 43381 136594 176809 0 299124 245442 519314 X 2685773 2895071 520995 612771 3206768 3507842 3452210 4027156 302032 -958 0 X X 0 1 X 1 0 X 2492039 3346976 3827295 3845713 4032170 17544193 2492039 3346976 3827295 3845713 4032170 17544193 278381 17265812 34980 31087 18457 26908 82531 193963 17738156 180705 0.97340 0.97200 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 339090 24191 2708 360573 384661 -42999 2572 339090 302527 84357 2223 384661 283464 21206 2143 302527 283714 16156 14200 2206 283464 0.56000 0.44000 1 0 83164 8417 74747 146008 85192 60816 238607 97763 140844 276407 BENEFICIAL INTEREST IN ASSETS HELD BY A FOUNDATION 360573 F VANGUARD INTER-TERM INVEST - GR ADM 428903 F VANGUARD ADMIRAL TREASURY MONEY MARKET 1347471 F WELLESLEY INCOME FUND ADM 336286 F 2473233 SECURITY DEPOSIT 9640 OPERATING LEASE RIGHT-OF-USE ASSETS 293970 303610 LEASE LIABILITIES 299124 299124 X 4155354 -958 -958 4156312 2708 2708 4159020 3854280 0 3854280 2708 2708 3856988 Part IV, Line 2b: The amount disclosed on Form 990, Part X, Line 21 is the balance in the escrow account at 06/30/23. Arm In Arm serves as a representative payee to provide financial and budgetary management services for individuals incapable of managing their social security benefits. Individuals initiate a request for representative payee services at Arm In Arm and authorize Arm In Arm to receive their monthly benefit from Social Security. Arm In Arm then holds each individual's funds in the escrow account, from which Arm In Arm pays the individual's costs of daily living. Part V, Line 4: The endowment fund of Arm In Arm, Inc. was created by the Board of Trustees to help secure the Organization's future by establishing a base of financial security and providing a flow of investment income to complement annual fundraising. The endowment fund currently includes donor restricted funds. Part X, Line 2: The Organization's federal exempt returns are subject to examination by the IRS, generally for three years after they were filed. The Organization's state informational returns are subject to examination up to four years after they were filed. The statute of limitations does not apply to unfiled returns. The Organization believes that all required returns have been filed. The Organization has determined that there are no material uncertain tax positions that require disclosure in the financial statements. The Organization's policy is to classify income tax related interest and penalties, if any, in interest expense and miscellaneous operating costs, respectively. SPRING GALA 156874 126429 30445 3000 18081 9364 156874 126429 30445 3000 18081 9364 30445 0 1 FOOD 46256 1382005 fair market value non-perishable foods as well as fresh produce, other grocery items, food credit RENT 158 387949 fair market value housing assistance SECURITY DEPOSITS 24 36699 fair market value housing assistance UTILITIES 9 5634 fair market value utilities assistance MISCELLANEOUS OTHER 155 5713 fair market value housing assistance LICENSE TO SUCCEED 35 29304 fair market value assistance with driver's license MORTGAGE 3 11378 fair market value housing assistance HOUSING STABILITY AND CASE MANAGEMENT 12 57739 fair market value housing assistance Part I, Line 2: The organization monitors the use of the assistance provided to individuals by providing only non-cash assistance. Assistance is provided directly to the landlord, utility company or directly to the client in the form of food. This non-cash assistance policy helps ensure that the assistance provided by the organization is used for the purpose for which it was intended. SCHEDULE I, PART III, COLUMN B, FOOD ASSISTANCE The number reported for FY23 food assistance represents the total and duplicated number of families served. During the COVID-19 crisis, due to safety concerns and the sheer volume of clients, we were unable to collect biographical information, which precluded Arm In Arm's ability to comprehensively track the unduplicated number of clients served. Arm In Arm recently upgraded our software system, and in June 2023, has begun re-registering clients to capture biographical information. Moving forward, we anticipate being able to provide the number of unduplicated clients served. X X X X 0 0 0 0 0 0 0 0 0 DAVID FOX EXECUTIVE DIRECTOR 143102 0 0 0 0 0 4568 0 43293 0 190963 0 0 0 X 4 35120 FAIR MARKET VALUE X 150 1287689 FAIR MARKET VALUE X PANTY EQUIPMENT 1 18636 FAIR MARKET VALUE X BENEFIT IN-KIND ITEMS 6 5935 FAIR MARKET VALUE 0 1 0 Schedule M, Part I, Column (b): The number of contributions or items contributed reported in Part I column B was determined using the number of contributions, rather than the number of items contributed. Form 990, Part III, Line 1, Description of Organization Mission: The corporation shall be operated for the purpose of providing low-income residents of Mercer County with food, housing and job support. The mission statement is partnering with our community to achieve stability for our neighbors in need. The core programs are provision of food, social support and emergency financial assistance to prevent or end homelessness, and training and driver's license restoration to support employment. Within the housing program, Arm In Arm provides financial and budgetary management services for individuals incapable of managing their social security benefits, promoting greater housing stability and better financial health for those individuals. The corporation may undertake additional outreach programs which the Board of Trustees deems appropriate. Form 990, Part VI, Section B, line 11b The draft 990 is received by the Executive Director in electronic form from the accounting firm. The Executive Director forwards it to the finance committee by electronic copy for review. Once the Treasurer has accepted the 990 draft, it is forwarded to the Board by electronic copy for approval. Form 990, Part VI, Section B, line 12c Arm In Arm monitors compliance with the conflict of interest policy by requiring board members and staff to annually sign a conflict of interest document. This document requires the disclosure of any other organization they are a board member of or an employee of. Board members and employees must also disclose any arrangements that could result in personal benefit. Form 990, Part VI, Section B, line 15a In 2020, Arm in Arm welcomed a new Executive Director. The process for determining compensation for a new Executive Director included a review and recommendation by an independent consultant, the Executive Search firm The Munshine Group. As part of their process, The Munshine Group conducted a fair-market evaluation of executive compensations and determined that the former Executive Director's compensation was not at then-current fair market level. In the interview process with prospective new Executive Director candidates, an adjusted fair market compensation was offered as part of the Executive compensation package, and ultimately negotiated on successfully with the candidate and Executive Director, David R. Fox. These deliberations and decisions were documented by The Munshine Group and in the Minutes of the Arm In Arm Board of Directors. The Executive Director compensation package is reviewed annually as part of the budget-making process. Form 990, Part VI, Section C, line 19 The organization's governing documents, conflict of interest policy, and financial statements are made available to the public upon request. Form 990, Part XI, line 2c The organization has not changed the process for overseeing the audit of its financial statements or selecting an independent accountant.