New Jersey Multiple Listing Service Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222178686 ✦ Saddle brook, NJ ✦ Designated as a 501(c)(6)

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Overview

What is New Jersey Multiple Listing Service Inc?

New Jersey Multiple Listing Service Inc, located in Saddle Brook, New Jersey, is a nonprofit organization that primarily serves around 15,000 subscribers and users. Its primary mission is to offer comprehensive real estate information services to brokers and the community, thereby promoting fair housing for all individuals. To accomplish this, the organization generates a computer listing for properties available for sale and those that have been sold. Additionally, they produce newsletters for the benefit of their members, providing them with the latest real estate trends and updates. The organization currently employs a team of 23 individuals, dedicated to serving the real estate community in New Jersey.


Official website here: www.njmls.com

Is New Jersey Multiple Listing Service Inc legitimate?

New Jersey Multiple Listing Service Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. New Jersey Multiple Listing Service 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: $300,951
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,551,336

For more financial information, click here


Official website here: www.njmls.com

What is the mission statement of New Jersey Multiple Listing Service Inc?

The New Jersey Multiple Listing Service Inc's primary role is to offer extensive real estate information services to brokers and the community. This organization aims to promote fair housing for all individuals. Through its services, it provides a computer listing for properties both for sale and sold, catering to approximately 15,000 subscribers and users. Additionally, the organization produces newsletters for the benefit of its members, providing them with valuable updates and resources.


Official website here: www.njmls.com

Who is the CEO of New Jersey Multiple Listing Service Inc?

Michelle Perino is the Executive Dir. of New Jersey Multiple Listing Service Inc.


Official website here: www.njmls.com

What is the revenue of New Jersey Multiple Listing Service Inc?

New Jersey Multiple Listing Service Inc's revenue in 2022 was $6,709,845.


Official website here: www.njmls.com

Who are the executives of New Jersey Multiple Listing Service Inc and what are their salaries?

The average compensation at New Jersey Multiple Listing Service Inc during 2022 was $80,534. There are 23 employees and 15 volunteers at New Jersey Multiple Listing Service Inc.


Here are 22 key members and their salaries:


Michelle Perino (Executive Dir.)
  • Compensation: $255,597
  • Related: $0
  • Other: $45,354
Allan O'Sullivan (Director Of It)
  • Compensation: $152,000
  • Related: $0
  • Other: $34,664
Emila Roncevic (Manager)
  • Compensation: $145,064
  • Related: $0
  • Other: $38,407
Lorraine Dexter (Manager)
  • Compensation: $133,640
  • Related: $0
  • Other: $37,036
Helen Harrington (Marketing Manager)
  • Compensation: $121,027
  • Related: $0
  • Other: $35,521
Gene Kosmark (Tech Support)
  • Compensation: $100,815
  • Related: $0
  • Other: $12,098
Rose La Pira (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Gilsenan Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marc Stein (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Ketabi (Dir.-Alternate)
  • Compensation: $0
  • Related: $0
  • Other: $0
Audra Fontanella (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sami Maalouf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Sudal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Fanale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jacqueline Frank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randolph Wine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fran Blakely (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Drennan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Belcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rod Lopez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eileen O'Driscoll (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Pensa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.njmls.com

Where can I find the form 990 for New Jersey Multiple Listing Service Inc?

New Jersey Multiple Listing Service Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.njmls.com

Learn more at the official website: www.njmls.com

Mission Statement of New Jersey Multiple Listing Service Inc

New Jersey Multiple Listing Service Inc, a prominent organization, is primarily dedicated to offering comprehensive real estate information services to both brokers and the community. Its mission is multifaceted, encompassing two key objectives. Firstly, it aims to provide a wide range of real estate data, including listings of properties for sale and those that have been sold. Secondly, the organization is committed to promoting fair housing for all individuals, ensuring that housing opportunities are equitable and accessible to everyone. Through its services, New Jersey Multiple Listing Service Inc serves approximately 15,000 subscribers and users, who rely on its platform to manage their real estate listings. Additionally, the organization produces newsletters to benefit its members, providing them with timely and relevant information.

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Impact




October, 2024

New Jersey Multiple Listing Service Inc plays a crucial role in enhancing real estate practices within the state by providing comprehensive information services to brokers and the community. With a subscriber base of approximately 15,000 users, the organization facilitates the efficient listing and sale of properties, ensuring that both buyers and sellers have access to the necessary data to make informed decisions.

By producing detailed listings of properties for sale and those that have been sold, NJMLS makes the real estate market more transparent and accessible. Their newsletters keep members informed of market trends and important updates, further contributing to a well-informed real estate community.

Moreover, NJMLS promotes fair housing practices, working towards ensuring equal access to housing opportunities for all individuals. This focus not only benefits the real estate industry but also fosters a more inclusive community, aligning with broader social values of fairness and equality. Overall, the organization is instrumental in improving real estate operations while supporting community development initiatives.




This information is meant to be a general summary of New Jersey Multiple Listing Service 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.

Revenue
$6,709,845 (2022)
Expenses
$5,504,224 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $463,142
  • Program Service Revenue: $726,198
  • Gross Receipts: $12,146,959

Assets and Liabilities:

  • Total Assets: $19,681,405
  • Total Liabilities: $2,541,131
  • Net Assets: $17,140,274

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$726,198

Organization Details

Founding Year

1977

Principal Officer

Michelle Perino

Main Address

405 N MIDLAND AVENUE, SADDLE BROOK, NJ, 07663

NTEE Category

Code: S47 - Community improvement

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