New Jersey Conference of Mayors

Nonprofit profile at a glance

EIN
221732071
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Trenton, NJ, USA
Phone
6099899216
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$539,512
Expenses
$536,126
Assets
$442,273
Liabilities
$338,209

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

72 people listed

Executive titles in this filing

  • ROBERT CONLEY (PRESIDENT)
  • JASON CILENTO (VICE PRESIDENT)
  • JACLYN VEASY (VICE PRESIDENT)
  • DAVID FRIED (VICE PRESIDENT)
  • SHEENA COLLUM (VICE PRESIDENT)

Highest reported compensation

  • AMANDA DE PALMA (EXECUTIVE OFFICER): $77,308 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide a unified approach and open line of communication to our state and federal legislatures and administrations that reflects the will of the people of the great state of New Jersey and works to improve the health and well being of all its residents. The New Jersey conference of mayors was founded in 1963 by a group of leading mayors who believed their collective voices should be heard in trenton and Washington. As front-line soldiers in communities across the state, the founding mayors were interested in each others activities and chose to find common ground on issues impacting their residents. Njcm has since become the largest statewide mayors organization in our nation to exclusively represent the interests of mayors to the state and federal legislatures and administrations.

What it reported doing in 2024

To provide a unified approach and open line of communication to our state and federal legislatures and administrations that reflects the will of the people of the great state of New Jersey and works to improve the health and well being of all its residents.the New Jersey conference of mayors was founded in 1963 by a group of leading mayors who believed their collective voices should be heard in trenton and Washington. As front-line soldiers in communities across the state, the founding mayors were interested in each others activities and chose to find common ground on issues impacting their residents. Njcm has since become the largest statewide mayors organization in our nation to exclusively represent the interests of mayors to the state and federal legislatures and administrations.

Operating model

Revenue model
Earned-program. 65% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 33
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.5%; rating input score 84
  • Program expense ratio: 85%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.6%; rating input score 38; 38th percentile among comparable filings
  • Total-asset coverage ratio: 0.82; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.76; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 14.4%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: -5.6% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: -2.7% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: 2.2% per year; rating input score 100; 26th percentile among comparable filings

Details

  • Where the money goes: 84.5% of revenue deployed · 85% of spending went to programs
  • Governance: 9 of 9 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $456K in reported program spending
  • Leadership: top reported pay $77K · 72 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 38/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.