2025-07-10T14:13:25-05:00 2024-12-31 223271712 MERCADIEN PC PO BOX 7648 PRINCETON NJ 085437648 990 2024-01-01 221153980 NEW JERSEY STATE CHAMBER OF COMMERCE NEWJ 6099897888 216 W STATE STREET TRENTON NJ 086081002 THOMAS A BRACKEN PRESIDENT 6099897888 2025-07-10 1 1 RAPHAEL J CARLETTI CPA P01747794 6096899700 2025-07-10 2024 2025-03-06 01:10:19Z THOMAS A BRACKEN 216 W STATE STREET TRENTON NJ 086081002 3286254 0 X WWW.NJCHAMBER.COM X 1911 NJ TO PROMOTE A VIBRANT BUSINESS ENVIRONMENT AND ECONOMIC PROSPERITY. 101 101 33 106 27784 10581 111430 123740 2958893 3053133 68066 99381 2708 10000 3141097 3286254 2350 2600 0 0 2211253 2381070 0 0 0 956555 1055650 3170158 3439320 -29061 -153066 2857419 3223760 1142093 1661500 1715326 1562260 THE NEW JERSEY STATE CHAMBER OF COMMERCE PROMOTES A VIBRANT BUSINESS ENVIRONMENT AND ECONOMIC PROSPERITY THROUGH VISION, EXPERTISE AND INNOVATIVE SOLUTIONS. 0 0 THE NEW JERSEY CHAMBER'S GOVERNMENT RELATIONS TEAM IN 2024 PROVIDED BUSINESS ADVOCACY, INCLUDING INTERACTIONS WITH LEGISLATORS AND MEMBERS OF THE GOVERNOR'S CABINET TO DISCUSS WAYS TO REDUCE TAXES AND BURDENSOME REGULATIONS, AND TO PROMOTE POLICIES THAT HELP THE STATE'S ECONOMY AND BUSINESSES GROW AND THRIVE. ADDITIONALLY, THE CHAMBER HOSTED A SERIES OF IN-PERSON EVENTS THAT CONNECT THE STATE'S BUSINESS AND POLITICAL LEADERS, INCLUDING A BUSINESS ROUNDTABLE SERIES OF LIVE EVENTS FEATURING LEGISLATORS AND CABINET MEMBERS. THE N.J. CHAMBER ALSO ESTABLISHED AND MEETS REGULARLY WITH THE CHAMBER ALLIANCE, A COALITION OF EXECUTIVES FROM LOCAL AND REGIONAL CHAMBERS OF COMMERCE TO DISCUSS BUSINESS ISSUES OF COMMON INTEREST AND HOW TO ADDRESS THEM TOGETHER. THE NEW JERSEY CHAMBER OF COMMERCE IN 2024 HOSTED IN-PERSON AND VIRTUAL NETWORKING EVENTS WHERE EXECUTIVES FROM CHAMBER MEMBER COMPANIES CONNECTED AND MET PROSPECTIVE CUSTOMERS/CLIENTS. IN 2024, WITH A CONTINUED FOCUS ON DIVERSITY AND INCLUSION, THE N.J. CHAMBER TEAMED UP WITH THE AFRICAN AMERICAN CHAMBER OF COMMERCE OF NEW JERSEY TO HOST THE DE&I TRAILBLAZER AWARDS RECEPTION THAT RECOGNIZED NEW JERSEY COMPANIES THAT DEMONSTRATE TANGIBLE AND MEASURABLE PROGRESS IN DIVERSITY, EQUITY AND INCLUSION. IN 2024, THE N.J. CHAMBER ALSO HOSTED THE RENEW JERSEY BUSINESS SUMMIT & EXPO IN ATLANTIC CITY WHERE PANELS OF EXPERTS DISCUSSED AND PROPOSED SOLUTIONS TO THE STATE'S BIGGEST ECONOMIC CHALLENGES. IT'S ATTRACTED 900 BUSINESS LEADERS, AND 100 VENDORS WHO SHOWCASED THEIR TRADES AND SERVICES. THE NEW JERSEY CHAMBER SUPPORTS EDUCATION AND WORKFORCE READINESS, WITH PROGRAMMING TO HELP THE NEXT GENERATION OF WORKERS PREPARE FOR THE COMPETITIVE WORLDS OF COLLEGE ADMISSIONS AND EMPLOYMENT. THE N.J. CHAMBER ALSO PRODUCED A SERIES OF WEBINARS TO DISCUSS AND OFFER PRACTICAL ADVICE ON HOT-BUTTON ISSUES FACING NEW JERSEY'S SMALL BUSINESSES. THE CHAMBER ALSO SENDS MEMBERS AN ELECTRONIC NEWSLETTER, CALLED NJ CHAMBEREDGE, FEATURING EXCLUSIVE ARTICLES WITH EXPERT ADVICE ON IMPORTANT MATTERS RANGING FROM JOB RECRUITING TO DEVELOPING BUSINESS PROSPECTS. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 18 0 1 33 1 1 1 0 0 0 1 1 0 0 0 X 101 101 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X REBECCA TURETZKIN 6099897888 216 W STATE STREET TRENTON NJ 086081002 GARY DAHMS CHAIR 0.50 0.50 X X 0 0 0 GIL MEDINA 1ST VICE CHAIR 0.50 0.50 X X 0 0 0 LISA CHOWANSKY 2ND VICE CHAIR 0.50 0.50 X X 0 0 0 TED ZANGARI SECRETARY 0.50 0.50 X X 0 0 0 DIANE WASSER TREASURER 0.50 0.50 X X 0 0 0 ANDREW G AGGER DIRECTOR 0.50 X 0 0 0 MICHAEL BERNSTEIN DIRECTOR 0.50 X 0 0 0 WALTER J BRASCH DIRECTOR 0.50 X 0 0 0 RICHARD BUTKUS JR DIRECTOR 0.50 X 0 0 0 TOM BYRNE DIRECTOR 0.50 X 0 0 0 RUTHI BYRNE DIRECTOR 0.50 X 0 0 0 A MICHAEL CANDIDO DIRECTOR 0.50 X 0 0 0 WILLIAM CARUSO DIRECTOR 0.50 X 0 0 0 MONICA PADOVANO CASIELLO DIRECTOR 0.50 X 0 0 0 CHARLES A CERNIGLIA DIRECTOR 0.50 X 0 0 0 PATRICIA CLAYBROOK DIRECTOR 0.50 X 0 0 0 PETER J COCOZIELLO DIRECTOR 0.50 X 0 0 0 HOWARD COHEN DIRECTOR 0.50 X 0 0 0 THOMAS H COMISKEY DIRECTOR 0.50 X 0 0 0 DIANE CONBOY KIRSHENBAUM DIRECTOR 0.50 X 0 0 0 RAFAEL E CUELLAR DIRECTOR 0.50 X 0 0 0 ROB CURLEY DIRECTOR 0.50 X 0 0 0 MARK A DANIELE ESQ DIRECTOR 0.50 X 0 0 0 ENRICO A DELLA CORNA DIRECTOR 0.50 X 0 0 0 STEPHEN DILTS DIRECTOR 0.50 X 0 0 0 SAMUEL DONELSON DIRECTOR 0.50 X 0 0 0 PETER DONTAS DIRECTOR 0.50 X 0 0 0 ERICA DROZD DIRECTOR 0.50 X 0 0 0 BISHOP DAVID G EVANS DIRECTOR 0.50 X 0 0 0 DALE FAVORS DIRECTOR 0.50 X 0 0 0 W RAYMOND FELTON DIRECTOR 0.50 X 0 0 0 MADELINE FERRARO DIRECTOR 0.50 X 0 0 0 ALBERT GAROFALO DIRECTOR 0.50 X 0 0 0 ROBERT GARRETT DIRECTOR 0.50 X 0 0 0 SANDRA D GILYARD DIRECTOR 0.50 X 0 0 0 CHRISTOPHER J GUITON DIRECTOR 0.50 X 0 0 0 WILLIAM R HAGAMAN JR DIRECTOR 0.50 X 0 0 0 MERODIE ANNE HANCOCK DIRECTOR 0.50 X 0 0 0 KIM HANEMANN DIRECTOR 0.50 X 0 0 0 KEVIN HANEY DIRECTOR 0.50 X 0 0 0 JAMES HANSON II DIRECTOR 0.50 X 0 0 0 JOHN HARMON SR DIRECTOR 0.50 X 0 0 0 DEBBIE HART DIRECTOR 0.50 X 0 0 0 LESLIE HIRSCH DIRECTOR 0.50 X 0 0 0 JONATHAN HIRSCHFELD DIRECTOR 0.50 X 0 0 0 DR KIMBERLY KILLMER HOLLISTER DIRECTOR 0.50 X 0 0 0 ALI HOUSHMAND DIRECTOR 0.50 X 0 0 0 PETER J HOVANIAN DIRECTOR 0.50 X 0 0 0 LAWRENCE R INSERRA III DIRECTOR 0.50 X 0 0 0 RALPH IZZO DIRECTOR 0.50 X 0 0 0 AJ JOHNSON DIRECTOR 0.50 X 0 0 0 TERRILL JORDAN DIRECTOR 0.50 X 0 0 0 JACLYN KATOR DIRECTOR 0.50 X 0 0 0 STEVE KLEIN DIRECTOR 0.50 X 0 0 0 LAWRENCE H KRAMPF DIRECTOR 0.50 X 0 0 0 PAUL KRIEGER DIRECTOR 0.50 X 0 0 0 RONALD S LADELL DIRECTOR 0.50 X 0 0 0 JOSEPH J LEBEL III DIRECTOR 0.50 X 0 0 0 CHRISTOPHER LEPRE DIRECTOR 0.50 X 0 0 0 MAX LEVENTHAL DIRECTOR 0.50 X 0 0 0 OLIVER LEWIS DIRECTOR 0.50 X 0 0 0 DR TEIK LIM DIRECTOR 0.50 X 0 0 0 KEVIN L LUING DIRECTOR 0.50 X 0 0 0 PETER MANGIN DIRECTOR 0.50 X 0 0 0 AMY MANSUE DIRECTOR 0.50 X 0 0 0 GENE MCCARTHY DIRECTOR 0.50 X 0 0 0 MARK MCDONOUGH DIRECTOR 0.50 X 0 0 0 BRIAN F MCEVILY DIRECTOR 0.50 X 0 0 0 CARLOS MEDINA DIRECTOR 0.50 X 0 0 0 PATRICK MIGLIACCIO DIRECTOR 0.50 X 0 0 0 DOUG MOKOID DIRECTOR 0.50 X 0 0 0 BRIAN J MOLLOY DIRECTOR 0.50 X 0 0 0 WILL MOREY DIRECTOR 0.50 X 0 0 0 MIKE MUNOZ DIRECTOR 0.50 X 0 0 0 VITO NARDELLI DIRECTOR 0.50 X 0 0 0 COLIN NEWMAN DIRECTOR 0.50 X 0 0 0 MELISSA ORSEN DIRECTOR 0.50 X 0 0 0 KAREN PATRUNO SHEEHY DIRECTOR 0.50 X 0 0 0 BRYAN PICKEL DIRECTOR 0.50 X 0 0 0 BRAXTON PLUMMER DIRECTOR 0.50 X 0 0 0 ROBERT L PODVEY DIRECTOR 0.50 X 0 0 0 AARON PRICE DIRECTOR 0.50 X 0 0 0 MIKE REAGAN DIRECTOR 0.50 X 0 0 0 DR LAMONT REPOLLET DIRECTOR 0.50 X 0 0 0 DUSTIN RICCIO DIRECTOR 0.50 X 0 0 0 STEVEN M ROSE DIRECTOR 0.50 X 0 0 0 WILLIAM RUCKERT DIRECTOR 0.50 X 0 0 0 NICHOLAS SAN FILIPPO IV DIRECTOR 0.50 X 0 0 0 JEFFREY C SCHEININGER DIRECTOR 0.50 X 0 0 0 TOM SCOTT DIRECTOR 0.50 X 0 0 0 ERIC SEGUIN DIRECTOR 0.50 X 0 0 0 ANTHONY SGAMMATO DIRECTOR 0.50 X 0 0 0 JENNIFER A SHIMEK DIRECTOR 0.50 X 0 0 0 DEFOREST B SOARIES JR DIRECTOR 0.50 X 0 0 0 MICHAEL SOMMER DIRECTOR 0.50 X 0 0 0 DENNIS M TOFT DIRECTOR 0.50 X 0 0 0 PHILLIP VAVALA DIRECTOR 0.50 X 0 0 0 DEBORAH VISCONI DIRECTOR 0.50 X 0 0 0 KELLY WATSON DIRECTOR 0.50 X 0 0 0 CAROLYN WELSH DIRECTOR 0.50 X 0 0 0 DENNIS WILSON DIRECTOR 0.50 X 0 0 0 THOMAS BRACKEN PRESIDENT/CEO 40.00 0.50 X 503025 0 25430 REBECCA TURETZKIN VP OF FINANCE 40.00 X 143897 0 29943 MICHAEL EGENTON VP OF GOVERNMENT AFFAIRS 40.00 X 220401 0 42638 KEVIN FRIEDLANDER VP OF COMMUNICATIONS 40.00 X 182824 0 41560 DONNA CUSTARD PRESIDENT - NJ CHAMBER FDN 0.50 40.00 X 160060 0 27586 NEIL WILDONGER VP OF OPERATIONS 40.00 X 142991 0 18680 SANDRA GLOVER-STROTHERS EXECUTIVE DIRECTOR - JAG NJ 0.50 40.00 X 118955 0 29053 1472153 0 214890 9 0 1 0 0 123740 123740 MEMBERSHIP DUES 900099 1267666 1267666 CONFERENCES 900099 1172820 1172820 CORNERSTONE DUES 900099 515755 515755 OTHER PROGRAM SERVICE 900099 69108 69108 PUBLICATIONS 900099 27300 27300 484 484 3053133 99381 99381 OTHER 900099 10000 10000 10000 3286254 3035349 27784 99381 2600 702295 1296016 35285 225047 122427 31230 89112 11725 90760 53956 14655 414154 27268 35150 FEDERAL INCOME TAXES 2212 SPECIAL PROJECTS 217595 DUES AND PUBLICATIONS 32202 MISCELLANEOUS 17338 18293 3439320 500 500 2173381 2433475 181212 225893 56088 155801 1598829 1228475 397622 370354 48616 37737 2857419 3223760 192516 326300 901071 1297736 48506 37464 1142093 1661500 X 265794 206583 1449532 1355677 1715326 1562260 2857419 3223760 -153066 0 X X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 1783421 175195 175195 267513 -92318 78037 78037 969769 683437 286332 551023 545038 5985 370354 LEASE LIABILITY - OPERATING LEASES 37464 37464 X 3286254 0 3286254 0 3286254 3439320 0 3439320 0 3439320 PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE CHAMBER AND RECOGNIZE A TAX LIABILITY IF THE CHAMBER HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. MANAGEMENT EVALUATED THE CHAMBER'S TAX POSITIONS AND CONCLUDED THAT THE CHAMBER HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X 1 1 X X X X X X 0 0 0 THOMAS BRACKEN PRESIDENT/CEO 503025 0 0 0 0 0 0 0 25430 0 528455 0 0 0 MICHAEL EGENTON VP OF GOVERNMENT AFFAIRS 220401 0 0 0 0 0 6768 0 35870 0 263039 0 0 0 KEVIN FRIEDLANDER VP OF COMMUNICATIONS 182824 0 0 0 0 0 5709 0 35851 0 224384 0 0 0 DONNA CUSTARD PRESIDENT - NJ CHAMBER FDN 160060 0 0 0 0 0 5083 0 22503 0 187646 0 0 0 REBECCA TURETZKIN VP OF FINANCE 143897 0 0 0 0 0 4567 0 25376 0 173840 0 0 0 NEIL WILDONGER VP OF OPERATIONS 142991 0 0 0 0 0 4356 0 14324 0 161671 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERS CONSIST OF NEW JERSEY BASED ORGANIZATIONS. MEMBER ORGANIZATIONS ARE REQUIRED TO PAY ANNUAL MEMBERSHIP DUES. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER IS ENTITLED TO ONE VOTE AT ANNUAL AND SPECIAL MEETINGS OF MEMBERS OF THE CHAMBER EITHER IN PERSON OR BY PROXY. AT EACH ANNUAL MEETING ONE-THIRD OF THE BOARD IS ELECTED TO SERVE FOR THREE YEARS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO THE EXECUTIVE COMMITTEE FOR REVIEW AND APPROVAL PRIOR TO FILING. THE FORM 990 IS ALSO MADE AVAILABLE TO THE GENERAL POPULUS OF THE BOARD, PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONTRACTS FOR SERVICES REQUIRE AN RFP, WHICH SURFACES ANY CONFLICTS. NOTIFICATION ANNUALLY OF OUR CONFLICT OF INTEREST POLICY IS ADEQUATE FROM THE STANDPOINT OF BOARD PARTICIPATION IN CONTRACTS. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S PRESIDENT AND KEY EMPLOYEES INCLUDES: REVIEW BY THE PRESIDENT (INCLUDING A SELF-EVALUATION), A COMPENSATION COMMITTEE MEETING WITH THE PRESIDENT, THE PRESIDENT TAKING THE RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE FOR DISCUSSION AND DECISION. TOTAL COMPENSATION SOLUTIONS, LLC (AN INDEPENDENT COMPENSATION CONSULTANT) IS ENGAGED EVERY THREE YEARS FOR THE CEO, AND THREE-FIVE YEARS FOR ALL OTHER EXECUTIVES TO PROVIDE A COMPARATIVE COMPENSATION RANGE FOR HIGHLY COMPENSATED EMPLOYEES. A WRITTEN SUMMARY OF COMPENSATION DECISIONS IS SIGNED BY THE CHAIRMAN OF THE BOARD AND FORWARDED TO THE VP OF FINANCE BEFORE ANY PAYROLL ADJUSTMENTS ARE MADE OR BONUS CHECKS ISSUED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS SELECTS THE INDEPENDENT AUDITOR AND MEETS WITH THE INDEPENDENT AUDITOR TO REVIEW THE RESULTS OF THE AUDIT ON AN ANNUAL BASIS. THE PROCESS HAS NOT CHANGED FROM THE PREVIOUS YEAR. PART VII, SECTION A LINE 1A AND SCHEDULE J DONNA CUSTARD AND SANDRA GLOVER-STROTHERS ARE EMPLOYED BY THE NEW JERSEY STATE CHAMBER OF COMMERCE HOWEVER DONNA IS THE PRESIDENT OF A RELATED ORGANIZATION, NEW JERSEY CHAMBER OF COMMERCE FOUNDATION, INC, AND SANDRA IS THE EXEUCTIVE DIRECTOR OF A PROGRAM (JAG NJ) RUN BY THE NEW JERSEY CHAMBER OF COMMERCE FOUNDATION, INC. NEW JERSEY CHAMBER OF COMMERCE FOUNDATION, INC. REIMBURSES THE TAXPAYER FOR SALARIES AND RELATED EXPENSES. DONNA AND SANDRA'S COMPENSATION APPROVAL PROCESS FOLLOWS THE TAXPAYER'S PROCESS AS DISCLOSED PREVIOUSLY IN SCHEDULE O. HOWEVER, DONNA AND SANDRA'S FINAL SALARIES ARE BASED ON THE AVAILABILITY OF FUNDING FOR THE NEW JERSEY CHAMBER OF COMMERCE FOUNDATION, INC. NEW JERSEY CHAMBER OF COMMERCE FOUNDATION 216 WEST STATE STREET TRENTON NJ 086081002 223490986 BUILD A HIGHLY QUALIFIED WORKFORCE THROUGH EDUCATION AND TRAINING NJ 501(C)(3) 10 NEW JERSEY STATE CHAMBER OF COMMERCE 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 NEW JERSEY CHAMBER OF COMMERCE FOUNDATION INC Q 582112 REIMBURSEMENT OF ACTUAL COST