Overview
What is New Jersey Future Inc?
New Jersey Future Inc is a nonprofit organization headquartered in Trenton, New Jersey, with a mission to promote sensible growth, redevelopment, and infrastructure investments. They actively contribute to fostering vibrant cities and towns, protecting natural lands and waterways, enhancing transportation choices, providing safe and affordable neighborhoods, and boosting the economy. Their activities include conducting research, developing educational materials, convening stakeholders, advocating for policy positions, and offering technical assistance. Notably, they have organized events such as a day-long redevelopment forum, smart growth awards ceremony, and Jersey Water Works conference, attracting hundreds of professionals and leaders in their field. With a team of 33 dedicated individuals, New Jersey Future Inc plays a crucial role in shaping sustainable development in New Jersey.
Official website here: www.njfuture.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97% (Four-Star out of Four Star Rating)
New Jersey Future Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance, with a score of 97%. The organization demonstrates a high level of transparency, as evidenced by its fully independent board comprised of 31 members. Additionally, it has solid financial management practices, including a perfect score for material diversion of assets and effective oversight through its audit committee.
The nonprofit excels in its program expense ratio, allocating approximately 86% of its expenses directly to its programs, which indicates a strong commitment to its mission. Fundraising efficiency is also notably high, with a minimal cost of $0.04 to raise each dollar, showcasing its effective use of resources. Furthermore, its sound financial health is highlighted by a favorable working capital ratio of 1.69 years.
While the organization scores highly overall, it continues to maintain a focus on equity strategies, earning a score of 93 in this area. This commitment reflects its dedication to fostering inclusivity within its community initiatives. Overall, New Jersey Future Inc stands out as a well-managed and impactful nonprofit, though ongoing efforts in equity and community engagement will be vital for continued success.
This AI summary has been generated from information found on Charity Navigator.
Is New Jersey Future Inc legitimate?
New Jersey Future Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Jersey Future 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: $134,830
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,795,825
For more financial information, click here
Official website here: www.njfuture.org
What is the mission statement of New Jersey Future Inc?
New Jersey Future Inc's mission is to advocate for sensible growth, redevelopment, and infrastructure investments. This organization aims to foster vibrant cities and towns, protect natural lands and waterways, enhance transportation options, ensure access to safe, affordable, and aging-friendly neighborhoods, and boost the economy. They achieve this through original research, innovative policy development, coalition-building, advocacy, and hands-on technical assistance.
Official website here: www.njfuture.org
What is the revenue of New Jersey Future Inc?
New Jersey Future Inc's revenue in 2024 was $3,062,728.
Official website here: www.njfuture.org
Who are the executives of New Jersey Future Inc and what are their salaries?
The average compensation at New Jersey Future Inc during 2024 was $52,180. There are 37 employees and 40 volunteers at New Jersey Future Inc.
Here are 29 key members and their salaries:
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Official website here: www.njfuture.org
Where can I find the form 990 for New Jersey Future Inc?
New Jersey Future Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.njfuture.org
Learn more at the official website: www.njfuture.org
Mission Statement of New Jersey Future Inc
New Jersey Future Inc is dedicated to promoting sensible growth, redevelopment, and infrastructure investments. This nonprofit organization strives to foster vibrant cities and towns, protect natural lands and waterways, enhance transportation choices, provide access to safe, affordable, and aging-friendly neighborhoods, and contribute to a strong economy. They achieve this mission through original research, innovative policy development, coalition-building, advocacy, and hands-on technical assistance. By employing these strategies, New Jersey Future Inc aims to create sustainable and livable communities that prioritize the well-being of its residents and the environment.
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Impact
October, 2024
New Jersey Future Inc. has a significant impact on promoting smart growth and sustainable development across the state. By engaging in research, policy development, and educational initiatives, the organization effectively advocates for sensible growth practices that enhance the quality of life in New Jersey's cities and towns.
One of the key aspects of their influence is the organization of events such as day-long redevelopment forums, which gather over 500 leaders to explore best practices and share successful strategies in urban redevelopment. Additionally, the Smart Growth Awards Ceremony brings together approximately 300 professionals to recognize exemplary planning and development efforts, fostering a culture of excellence in these areas.
Through initiatives like the Jersey Water Works Conference, New Jersey Future highlights crucial issues related to water infrastructure, uniting state and local decision-makers to identify innovative solutions. Such gatherings not only amplify the importance of addressing New Jersey's pressing infrastructure needs but also celebrate ongoing progress in these vital areas.
By providing technical assistance and building coalitions, New Jersey Future drives partnerships that promote quality planning and development. Their focus on protecting natural lands and waterways, improving transportation choices, and ensuring access to safe, affordable neighborhoods fuels economic growth while fostering vibrant communities. Through a comprehensive approach combining research, advocacy, and hands-on support, New Jersey Future Inc. plays a pivotal role in shaping a sustainable future for the state.
This information is meant to be a general summary of New Jersey Future 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 2024.
- Investment Income: $86,321
- Program Service Revenue: $711,003
- Gross Receipts: $3,062,728
Assets and Liabilities:
- Total Assets: $3,741,960
- Total Liabilities: $84,971
- Net Assets: $3,656,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FOR SERVICES
Revenue
$362,645
REDEVELOPMENT FORUM
Revenue
$215,624
SMART GROWTH AWARDS
Revenue
$93,909
JERSEY WATER WORKS
Revenue
$38,825
Organization Details
Founding Year
1987
Principal Officer
Peter Kasabach
Website
www.njfuture.orgNTEE Category
Code: S20 - Community improvement
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