Overview
What is The New Jersey Institute For Social Justice Inc?
The New Jersey Institute for Social Justice Inc., established in Newark, New Jersey, serves as a pioneering state-wide research and advocacy organization dedicated to enhancing urban areas and the residents within. Their primary objective is to establish New Jersey as a model for an inclusive economy, aiming to bridge the substantial racial wealth gap and help residents of color secure full-time, meaningful employment and wealth. As a public charity, the institute is an essential advocate for urban development and progress in New Jersey. With a team of 29 dedicated individuals, the New Jersey Institute for Social Justice Inc. plays a significant role in shaping a more equitable future for the state's urban communities.
Official website here: www.njisj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star rating
The New Jersey Institute For Social Justice Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance across accountability, finance, and community culture. The organization stands out with a particularly high score of 97 for accountability and finance, indicating robust financial health and transparency in its operations. An independent board composed entirely of 20 members further enhances its governance credibility.
Strengths highlighted include a program expense ratio of over 71%, demonstrating a strong commitment to programmatic spending over administrative costs. Additionally, the organization has received perfect scores in areas such as constituent feedback, feedback collection, and usage, showcasing its effective engagement with the community it serves. These factors illustrate a well-rounded organization dedicated to its mission.
While the data does indicate some areas for growth, particularly in equity data and policies, the overall performance remains highly favorable. The organization’s proactive measures in areas such as conflict of interest and whistleblower policies further enhance its reputation for ethical practices. Overall, The New Jersey Institute For Social Justice Inc exemplifies a strong nonprofit committed to social justice and community engagement.
This AI summary has been generated from information found on Charity Navigator.
Is The New Jersey Institute For Social Justice Inc legitimate?
The New Jersey Institute For Social Justice Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The New Jersey Institute For Social Justice 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: $325,005
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,823,372
For more financial information, click here
Official website here: www.njisj.org
What is the mission statement of The New Jersey Institute For Social Justice Inc?
The New Jersey Institute for Social Justice Inc is a research and advocacy organization with a mission to advance urban areas and their residents. This public charity is dedicated to promoting an inclusive economy in New Jersey, serving as a potential national model for community-driven progress. At present, their focus lies in closing the substantial racial wealth gap and connecting residents of color to full-time, meaningful employment opportunities, thereby contributing to their wealth.
Official website here: www.njisj.org
Who is the CEO of The New Jersey Institute For Social Justice Inc?
Ryan P Haygoodesq is the Principal Officer of The New Jersey Institute For Social Justice Inc. The CEO's salary of The New Jersey Institute For Social Justice Inc is $325,005 and their total compensation is $336,106.
Official website here: www.njisj.org
What is the revenue of The New Jersey Institute For Social Justice Inc?
The New Jersey Institute For Social Justice Inc's revenue in 2022 was $3,935,108.
Official website here: www.njisj.org
Who are the executives of The New Jersey Institute For Social Justice Inc and what are their salaries?
The average compensation at The New Jersey Institute For Social Justice Inc during 2022 was $74,082. There are 29 employees and 10 volunteers at The New Jersey Institute For Social Justice Inc.
Here are 27 key members and their salaries (The New Jersey Institute For Social Justice Inc's CEO's salary is $325,005 and their total compensation is $336,106):
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- Compensation: $325,005
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- Compensation: $170,074
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- Compensation: $106,008
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- Other: $29,412
Official website here: www.njisj.org
Where can I find the form 990 for The New Jersey Institute For Social Justice Inc?
The New Jersey Institute For Social Justice Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.njisj.org
Learn more at the official website: www.njisj.org
Mission Statement of The New Jersey Institute For Social Justice Inc
The New Jersey Institute for Social Justice Inc is a research and advocacy organization dedicated to advancing urban areas and their residents. With a focus on economic justice, its mission is to build an inclusive economy in New Jersey, serving as a national model for what is possible in communities from the ground up. The Institute's current focus is on closing the staggering racial wealth gap in the state and connecting residents of color to full-time, meaningful work and wealth. By doing so, the organization aims to contribute to the advancement of New Jersey's urban areas and its residents as a whole.
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Impact
October, 2024
The New Jersey Institute for Social Justice Inc. plays a pivotal role in shaping a more equitable society by focusing on economic justice and the advancement of urban communities, particularly those in New Jersey. By advocating for policies that aim to close the significant racial wealth gap, the Institute is committed to creating a more inclusive economy that serves as a national model for urban development.
Through its Economic Justice Initiative, it strives to connect residents of color with full-time, meaningful employment opportunities, fostering sustainable economic growth from within communities. The organization's comprehensive approach combines research with advocacy to address systemic issues and empower local residents, ultimately enhancing the quality of life in urban areas. By tackling economic disparities and promoting wealth-building strategies, the Institute significantly contributes to the social and economic fabric of New Jersey, making strides toward a more just and equitable state.
This information is meant to be a general summary of The New Jersey Institute For Social Justice 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 2022.
- Investment Income: $122,882
- Program Service Revenue: $21,312
- Gross Receipts: $4,146,776
Assets and Liabilities:
- Total Assets: $7,128,017
- Total Liabilities: $83,331
- Net Assets: $7,044,686
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTUAL ARRANGEMEN
Revenue
$21,312
Organization Details
Founding Year
1999
Phone
(973) 624-9400Principal Officer
Ryan P Haygoodesq
Main Address
60 PARK PLACE 511, NEWARK, NJ, 071025504
Website
www.njisj.orgNTEE Category
Code: P20Z - Human services
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