Overview
What is Fuel Merchants Association Of Nj?
The Fuel Merchants Association of NJ, headquartered in Cranford, New Jersey, is a nonprofit organization dedicated to promoting the use of petroleum products and supporting the welfare of independent motor fuel and heating fuel petroleum marketers and consumers. Over the years, the nature of their business has evolved, with independent petroleum marketers now offering a comprehensive suite of services beyond just delivering heating fuel and providing repairs. They now include HVAC installation and services, catering to the diverse needs of their consumers. The association hosts conventions and meetings related to the oil heat industry to further their mission. With a team of 2 dedicated professionals, they continue to promote their cause and serve their members effectively.
Official website here: www.fmanj.org
Is Fuel Merchants Association Of Nj legitimate?
Fuel Merchants Association Of Nj is a legitimate nonprofit organization registered as a 501(c)(6) entity. Fuel Merchants Association Of Nj submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $268,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $115,055
For more financial information, click here
Official website here: www.fmanj.org
What is the mission statement of Fuel Merchants Association Of Nj?
The Fuel Merchants Association of NJ's mission is centered around promoting the use of petroleum products and advocating for the welfare of independent motor fuel and heating fuel petroleum merchants, as well as their consumers. Over the decades, the nature of business for those members who sell heating fuel has evolved, leading independent petroleum marketers to diversify their services. They now not only deliver heating fuel and offer some heating oil equipment repair but also provide a comprehensive suite of HVAC installation and services, including heating and air conditioning.
Official website here: www.fmanj.org
Who is the CEO of Fuel Merchants Association Of Nj?
Eric Degesero is the Trustee of Fuel Merchants Association Of Nj.
Official website here: www.fmanj.org
What is the revenue of Fuel Merchants Association Of Nj?
Fuel Merchants Association Of Nj's revenue in 2022 was $1,679,945.
Official website here: www.fmanj.org
Who are the executives of Fuel Merchants Association Of Nj and what are their salaries?
The average compensation at Fuel Merchants Association Of Nj during 2022 was $191,561. There are 2 employees and 41 volunteers at Fuel Merchants Association Of Nj.
Here are 33 key members and their salaries:
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- Compensation: $240,000
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- Other: $28,067
Official website here: www.fmanj.org
Where can I find the form 990 for Fuel Merchants Association Of Nj?
Fuel Merchants Association Of Nj's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fmanj.org
Learn more at the official website: www.fmanj.org
Mission Statement of Fuel Merchants Association Of Nj
The Fuel Merchants Association of NJ is dedicated to promoting the use of petroleum products and advocating for the welfare of independent motor fuel and heating fuel petroleum marketers, as well as their consumers. Over the decades, the nature of the business for these independent petroleum marketers has evolved, moving beyond the delivery of heating fuel and providing some heating oil equipment repair to now include offering a comprehensive suite of HVAC (heating and air conditioning) installation and services for the benefit of their consumers. The association's mission is to support and empower these marketers and their customers, ensuring they have access to reliable and efficient energy solutions.
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Impact
October, 2024
The Fuel Merchants Association of NJ plays a significant role in promoting the use of petroleum products while supporting the welfare of independent motor fuel and heating fuel marketers, as well as consumers. Its impact is evident in several key areas:
1. **Industry Evolution**: The association champions the transformation of independent petroleum marketers from traditional heating fuel delivery services to comprehensive HVAC solutions, including heating and air conditioning installation and maintenance. This evolution not only meets the changing demands of consumers but also enhances the operational capabilities of member businesses.
2. **Support and Resources**: By providing a platform for conventions and meetings focused on the oil heat industry, the association facilitates knowledge sharing and networking opportunities. This helps members stay informed about industry trends, regulations, and best practices, ultimately leading to improved service delivery.
3. **Advocacy and Representation**: The association advocates for the interests of its members, ensuring that their voices are heard in the broader dialogue surrounding petroleum use and regulation. This advocacy contributes to a more favorable business environment for independent marketers.
4. **Consumer Education**: Through its initiatives, the association educates consumers about the benefits and efficiency of petroleum products, fostering a better understanding of sustainable energy options and promoting informed consumer choices.
5. **Community Improvement**: The Fuel Merchants Association of NJ actively contributes to community improvement by supporting local businesses and creating job opportunities in the energy sector. By promoting independent marketers, the association helps sustain local economies.
Overall, the Fuel Merchants Association of NJ significantly influences the petroleum marketing landscape, facilitating growth, innovation, and community support within the industry.
This information is meant to be a general summary of Fuel Merchants Association Of Nj. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $70,167
- Program Service Revenue: $1,436,760
- Gross Receipts: $2,258,901
Assets and Liabilities:
- Total Assets: $2,427,323
- Total Liabilities: $1,402,727
- Net Assets: $1,024,596
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONVENTION & TRADE SHO
Revenue
$813,261
MEMBERSHIP DUES
Revenue
$525,485
CONSULTING
Revenue
$58,000
MISC SERVICE & EDUCATI
Revenue
$40,014
Organization Details
Founding Year
1933
Phone
(973) 467-1400Principal Officer
Eric Degesero
Main Address
21 COMMERCE DR SUITE 202, CRANFORD, NJ, 07016
Website
www.fmanj.orgNTEE Category
Code: S41 - Community improvement
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