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Nj-Sim Foundation Inc

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

EIN: 262442529 ✦ Mountain lakes, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Nj-Sim Foundation Inc?

Nj-Sim Foundation Inc is a charitable organization based in New Jersey, dedicated to supporting worthy individuals and nonprofit organizations within the state. With a focus on the field of information technology, they extend financial assistance through scholarships to students pursuing related degrees and grants to eligible not-for-profit organizations. To date, they have awarded scholarships to four students and provided technology-related grants to eight organizations. The foundation's mission is to contribute positively to the state of New Jersey by empowering individuals and organizations in the realm of information technology.


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

Is Nj-Sim Foundation Inc legitimate?

Nj-Sim Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nj-Sim Foundation Inc submitted a form 990EZ, 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.


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

What is the mission statement of Nj-Sim Foundation Inc?

The Nj-Sim Foundation Inc's mission is centered around providing aid to deserving individuals and organizations in New Jersey. Specifically, they offer financial assistance to 501(c)(3) charitable foundations and individuals seeking to further their education in the field of information technology. The foundation has demonstrated this commitment by granting scholarships to four tech-focused students and providing technology-related grants to eight non-profit organizations. By doing so, the Nj-Sim Foundation Inc aims to support and empower these entities in their respective missions.


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

Who is the CEO of Nj-Sim Foundation Inc?

Vijay Aluwalia is the Treasurer of Nj-Sim Foundation Inc.


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

What is the revenue of Nj-Sim Foundation Inc?

Nj-Sim Foundation Inc's revenue in 2023 was $24,594.


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

Who are the executives of Nj-Sim Foundation Inc and what are their salaries?


Here are 12 key members and their salaries:


Vijay Aluwalia (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Barash (Trustee & Evp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gene Barskiy (Co-Vice President, Marketing)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Carney (Advisory Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Cigna (Co-Vice President, Marketing)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pasquale Cirullo (Executive Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Curran (Co-Vice President, Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Desiena (Advisory Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Erickson (Co-Vice President, Programs)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Fisher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Fleming (Co-Vice President, Administration)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Forte (Co-Vice President, Memberships)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

Where can I find the form 990EZ for Nj-Sim Foundation Inc?

Nj-Sim Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.njsim.org/nj-sim-foundation/foundation-organizati

Learn more at the official website: www.njsim.org/nj-sim-foundation/foundation-organizati

Mission Statement of Nj-Sim Foundation Inc

Nj-Sim Foundation Inc, a philanthropic entity, is dedicated to assisting worthy individuals and charitable organizations in New Jersey. Its mission is twofold: providing financial aid to 501(c)(3) foundations and supporting individuals seeking to pursue or advance their education in the field of information technology. The foundation has demonstrated its commitment by offering scholarships to four students pursuing technology-related degrees and granting technology-related funds to eight non-profit organizations. By offering such support, Nj-Sim Foundation Inc aims to contribute to the growth and development of the information technology sector in New Jersey, while also fostering educational opportunities for individuals with a passion for this field.

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Impact




August, 2024

Nj-Sim Foundation Inc's impact can be seen in the educational support it provides to individuals and organizations in New Jersey. By offering scholarships to students pursuing technology-related degrees and grants to not-for-profit organizations, the foundation is playing a vital role in fostering education and innovation in the field of information technology. Through these initiatives, Nj-Sim Foundation Inc is empowering individuals to further their education and supporting organizations that are making a difference in their communities.




This information is meant to be a general summary of Nj-Sim Foundation 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
$24,594 (2023)
Expenses
$14,347 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $49,840

Assets and Liabilities:

  • Total Assets: $24,384
  • Total Liabilities: $0
  • Net Assets: $24,384

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Organization Details

Principal Officer

Vijay Aluwalia

Main Address

PO BOX 241, MOUNTAIN LAKES, NJ, 07046

NTEE Category

Code: B82 - Education

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