Overview
What is New Jersey Utilities Association Inc?
New Jersey Utilities Association Inc, located at 154 West State Street 1st Floor, Trenton, NJ 08608, is a nonprofit organization dedicated to supporting New Jersey's utility companies. Their primary mission is to advocate for and provide information on industry and business-related issues before the legislature and regulatory agencies. They play a crucial role in representing the interests of investor-owned utilities in New Jersey, contributing to public policy discussions on matters relevant to the utility sector. With a team of four employees, they actively engage in shaping policies that impact the utility industry in the state.
Official website here: www.njua.com
Is New Jersey Utilities Association Inc legitimate?
New Jersey Utilities Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Jersey Utilities Association Inc 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: $263,111
Professional Fundraising Fees: $0
Other Salaries and Wages: $195,930
For more financial information, click here
Official website here: www.njua.com
What is the mission statement of New Jersey Utilities Association Inc?
The New Jersey Utilities Association Inc serves a mission by supporting various industry and business issues pertaining to utilities before legislatures and regulatory agencies. Their primary role involves providing information about public policy matters that are of relevance to New Jersey's investor-owned utilities. By doing so, they aim to contribute positively to the broader utility sector in the state.
Official website here: www.njua.com
Who is the CEO of New Jersey Utilities Association Inc?
Richard Henning is the CEO of New Jersey Utilities Association Inc The CEO's salary of New Jersey Utilities Association Inc is $218,400 and their total compensation is $238,811.
Official website here: www.njua.com
What is the revenue of New Jersey Utilities Association Inc?
New Jersey Utilities Association Inc's revenue in 2023 was $1,071,247.
Official website here: www.njua.com
Who are the executives of New Jersey Utilities Association Inc and what are their salaries?
The average compensation at New Jersey Utilities Association Inc during 2023 was $114,760. There are 4 employees and 19 volunteers at New Jersey Utilities Association Inc.
Here are 18 key members and their salaries (New Jersey Utilities Association Inc's CEO's salary is $218,400 and their total compensation is $238,811):
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- Compensation: $218,400
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- Compensation: $122,937
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- Other: $14,460
Official website here: www.njua.com
Where can I find the form 990 for New Jersey Utilities Association Inc?
New Jersey Utilities Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.njua.com
Learn more at the official website: www.njua.com
Mission Statement of New Jersey Utilities Association Inc
New Jersey Utilities Association, Inc. is an organization dedicated to supporting New Jersey's utilities on a wide range of industry and business issues. Their mission is twofold. Firstly, they advocate on behalf of these utilities before the legislature and regulatory agencies, ensuring their concerns are heard and addressed. Secondly, they provide valuable information about public policy issues that are significant to New Jersey's investor-owned utilities. By doing so, they play a crucial role in shaping the policies that impact the utilities sector in the state.
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Impact
October, 2024
New Jersey Utilities Association Inc plays a crucial role in shaping the landscape of utility services in the state. By supporting New Jersey utilities on broad-based industry and business issues, the association acts as a vital intermediary between utility companies, the legislature, and regulatory agencies. This ensures that the interests of investor-owned utilities are represented in discussions that directly impact their operations and the services they provide to the public.
The association’s efforts to provide information about public policy issues enables utilities to navigate the complexities of regulation and legislation effectively. This not only aids in their compliance but also helps in advocating for policies that can lead to improvements in service delivery and infrastructure development. By focusing on community improvement and the economic viability of utility services, the New Jersey Utilities Association Inc contributes significantly to the stability and growth of the utility sector, ultimately benefiting consumers and fostering a better quality of life in the communities they serve.
This information is meant to be a general summary of New Jersey Utilities Association Inc. 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 2023.
- Investment Income: $80,927
- Program Service Revenue: $970,314
- Gross Receipts: $1,088,251
Assets and Liabilities:
- Total Assets: $2,384,935
- Total Liabilities: $52,348
- Net Assets: $2,332,587
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$820,199
ANNUAL MEETING
Revenue
$150,115
Organization Details
Founding Year
1915
Principal Officer
Richard Henning
Website
www.njua.comNTEE Category
Code: S41 - Community improvement
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