Independent Insurance Agents Of Nj

Trenton, NJ
Tax-exempt since Nov. 1943
EIN: 22-1151205

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Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$1.17M (2023)

Expenses

$1.41M (2023)

Total Assets

$4.23M (2023)

Total Liabilities

$0 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Aug.
2023

Revenue

$1,168,936

Expenses

$1,405,829

Net Income

-$236,893

Net Assets

$4,234,846

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$603,625	51.6%
Investment Income	$104,731	9.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$25,337
Net Inventory Sales	$0
Other Revenue	$485,917	41.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$166,791	11.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$338,886	24.1%

Assets/Debt
Total Assets	$4,234,846
Total Liabilities	$0
Net Assets	$4,234,846

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Razze Jr (President & Ceo)	$166,791	$0	$0
Christopher P O'neill (Chairman)	$3,600	$0	$0
Kristin Ryan (Vice Chairman/Treasurer)	$1,800	$0	$0
Gerald F Ford Iii (National Director)	$1,200	$0	$0
Harold W Soden Jr (Immediate Past Chairman)	$0	$0	$0
Jeff Wyrsch (Director)	$0	$0	$0
David J Strout Jr (Director)	$0	$0	$0
Robert D Hess (Director)	$0	$0	$0
Leland S Stanford (Director)	$0	$0	$0
Scott Caughlan (Director)	$0	$0	$0
Jacki Frank (Director)	$0	$0	$0
Matthew Hill (Director)	$0	$0	$0
Ramiro Martinez Anillo (Director)	$0	$0	$0
Jamie Nielsen (Director)	$0	$0	$0
Annmarie Westerfield (Director)	$0	$0	$0
George Zelhof (Director)	$0	$0	$0
Kevin Shannon (Director)	$0	$0	$0
Glen Watkins (Director)	$0	$0	$0

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990

Filed on Feb. 16, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2022

Revenue

$772,064

Expenses

$1,235,326

Net Income

-$463,262

Net Assets

$4,471,739

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$506,264	65.6%
Investment Income	$88,170	11.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$273,097
Net Inventory Sales	$0
Other Revenue	$450,727	58.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$150,000	12.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$303,789	24.6%

Assets/Debt
Total Assets	$4,471,739
Total Liabilities	$0
Net Assets	$4,471,739

Compensation

Key Employees and Officers	Compensation	Related	Other
Michael L Razze Jr (President & Ceo)	$150,000	$0	$0
Sheri A Acconzo (Immediate Past President &)	$11,145	$0	$0
Harold W Soden Jr (Chairman)	$3,600	$0	$0
Christopher P O'neill (Vice Chairman/Treasurer)	$1,800	$0	$0
Gerald F Ford Iii (National Director)	$1,200	$0	$0
Jeff Wyrsch (Director)	$0	$0	$0
William Abbott (Director)	$0	$0	$0
David J Strout Jr (Director)	$0	$0	$0
Kristin Ryan (Director)	$0	$0	$0
Robert D Hess (Director)	$0	$0	$0
Leland S Stanford (Director)	$0	$0	$0
Scott Caughlan (Director)	$0	$0	$0
Jacki Frank (Director)	$0	$0	$0
Angela Guerra La Penna (Director)	$0	$0	$0
Matthew Hill (Director)	$0	$0	$0
Ramiro Martinez Anillo (Director)	$0	$0	$0
Jamie Nielsen (Director)	$0	$0	$0
Robert Perez (Director)	$0	$0	$0
Glen Watkins (Director)	$0	$0	$0
Annmarie Westerfield (Director)	$0	$0	$0
George Zelhof (Director)	$0	$0	$0
Kevin Shannon (Director)	$0	$0	$0

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990

Filed on March 7, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Aug.
2021

Revenue

$2,227,761

Expenses

$1,218,510

Net Income

$1,009,251

Net Assets

$4,935,001

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$729,062	32.7%
Investment Income	$79,335	3.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$842,664	37.8%
Net Inventory Sales	$0
Other Revenue	$576,700	25.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$211,348	17.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$290,146	23.8%

Assets/Debt
Total Assets	$4,938,957
Total Liabilities	$3,956
Net Assets	$4,935,001

Compensation

Key Employees and Officers	Compensation	Related	Other
Sheri A Acconzo (Immediate Past President & Ceo)	$185,033	$0	$0
Michael L Razze Jr (President & Ceo)	$46,894	$0	$0
Harold W Soden Jr (Chairman)	$2,400	$0	$0
Gerald F Ford Iii (National Director)	$1,200	$0	$0
Christopher P O'neill (Vice Chairman/Treasurer)	$0	$0	$0
Jeff Wyrsch (Director)	$0	$0	$0
William Abbott (Director)	$0	$0	$0
David J Strout Jr (Director)	$0	$0	$0
Kristin Ryan (Director)	$0	$0	$0
Robert D Hess (Director)	$0	$0	$0
Scott Caughlan (Director)	$0	$0	$0
Jacki Frank (Director)	$0	$0	$0
Stephen Gordon (Director)	$0	$0	$0
Angela Guerra La Penna (Director)	$0	$0	$0
Ramiro Martinez Anillo (Director)	$0	$0	$0
Robert Perez (Director)	$0	$0	$0
George Zelhof (Director)	$0	$0	$0
Kevin Shannon (Director)	$0	$0	$0
Glen Watkins (Director)	$0	$0	$0

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990

Filed on Jan. 19, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2020

Revenue

$1,240,704

Expenses

$1,374,810

Net Income

-$134,106

Net Assets

$3,925,750

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$481,614	38.8%
Investment Income	$105,378	8.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$14,591	1.2%
Net Inventory Sales	$0
Other Revenue	$639,121	51.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$185,033	13.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$347,804	25.3%

Assets/Debt
Total Assets	$3,929,706
Total Liabilities	$3,956
Net Assets	$3,925,750

Compensation

Key Employees and Officers	Compensation	Related	Other
Sheri A Acconzo (President & Ceo)	$181,795	$0	$50,000
Michael L Razze (Chairman)	$3,600	$0	$0
Harold W Soden Jr (Vice Chairman/Treasurer)	$1,800	$0	$0
Gerald F Ford Iii (Immediate Past Chairman)	$1,200	$0	$0
L Scott Stanford (National Director)	$1,200	$0	$0
Jeff Wyrsch (Director)	$0	$0	$0
William Abbott (Director)	$0	$0	$0
David J Strout Jr (Director)	$0	$0	$0
Kristin Ryan (Director)	$0	$0	$0
Robert D Hess (Director)	$0	$0	$0
Scott Caughlan (Director)	$0	$0	$0
Jacki Frank (Director)	$0	$0	$0
Stephen Gordon (Director)	$0	$0	$0
Angela Guerra La Penna (Director)	$0	$0	$0
Christopher O'neill (Director)	$0	$0	$0
Robert Perez (Director)	$0	$0	$0
George Zelhof (Director)	$0	$0	$0
Kevin Shannon (Director)	$0	$0	$0
Glen Watkins (Director)	$0	$0	$0

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990

Filed on Jan. 13, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Aug.
2019

Revenue

$1,468,164

Expenses

$1,469,857

Net Income

-$1,693

Net Assets

$4,059,856

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$679,709	46.3%
Investment Income	$121,679	8.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$424
Net Inventory Sales	$0
Other Revenue	$667,200	45.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$180,781	12.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,063,872
Total Liabilities	$4,016
Net Assets	$4,059,856

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2018

Revenue

$1,495,924

Expenses

$1,365,917

Net Income

$130,007

Net Assets

$4,061,549

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$708,510	47.4%
Investment Income	$105,136	7.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$22,191	1.5%
Net Inventory Sales	$0
Other Revenue	$660,087	44.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$171,707	12.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,065,566
Total Liabilities	$4,017
Net Assets	$4,061,549

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2017

Revenue

$1,456,940

Expenses

$1,432,097

Net Income

$24,843

Net Assets

$3,931,542

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$733,374	50.3%
Investment Income	$68,276	4.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$40,717	2.8%
Net Inventory Sales	$0
Other Revenue	$614,573	42.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$166,109	11.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,933,550
Total Liabilities	$2,008
Net Assets	$3,931,542

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2016

Revenue

$1,446,117

Expenses

$1,473,248

Net Income

-$27,131

Net Assets

$3,906,699

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$845,457	58.5%
Investment Income	$81,352	5.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$38,712
Net Inventory Sales	$0
Other Revenue	$558,020	38.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$164,620	11.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,908,707
Total Liabilities	$2,008
Net Assets	$3,906,699

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Aug.
2015

Revenue

$1,538,921

Expenses

$1,449,731

Net Income

$89,190

Net Assets

$3,933,830

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$783,385	50.9%
Investment Income	$118,643	7.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$111,289	7.2%
Net Inventory Sales	$0
Other Revenue	$525,604	34.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$144,560	10.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$4,029,309
Total Liabilities	$95,479
Net Assets	$3,933,830

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2014

Revenue

$1,674,374

Expenses

$1,485,103

Net Income

$189,271

Net Assets

$3,844,640

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$812,153	48.5%
Investment Income	$66,325	4.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$193,126	11.5%
Net Inventory Sales	$0
Other Revenue	$602,770	36.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$150,711	10.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,942,619
Total Liabilities	$97,979
Net Assets	$3,844,640

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2013

Revenue

$1,405,294

Expenses

$1,472,644

Net Income

-$67,350

Net Assets

$3,655,369

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$747,957	53.2%
Investment Income	$67,734	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$15,970	1.1%
Net Inventory Sales	$0
Other Revenue	$573,633	40.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$146,000	9.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,753,348
Total Liabilities	$97,979
Net Assets	$3,655,369

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2012

Revenue

$1,469,697

Expenses

$1,415,629

Net Income

$54,068

Net Assets

$3,722,719

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$832,491	56.6%
Investment Income	$53,861	3.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$27,149	1.8%
Net Inventory Sales	$0
Other Revenue	$556,196	37.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$147,181	10.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,819,682
Total Liabilities	$96,963
Net Assets	$3,722,719

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Aug.
2011

Revenue

$1,477,111

Expenses

$1,515,423

Net Income

-$38,312

Net Assets

$3,668,651

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$848,886	57.5%
Investment Income	$80,766	5.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$28,972
Net Inventory Sales	$0
Other Revenue	$576,431	39.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$128,200	8.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$0

Assets/Debt
Total Assets	$3,722,445
Total Liabilities	$53,794
Net Assets	$3,668,651

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Independent Insurance Agents Of Nj

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $1.17M (2023)

Expenses $1.41M (2023)

Total Assets $4.23M (2023)

Total Liabilities $0 (2023)

Tax Filings by Year

Fiscal Year Ending Aug. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Aug. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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990

Fiscal Year Ending Aug. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Aug. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Aug. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Aug. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending Aug. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Aug. 2010

No Extracted Financial Data

Revenue

$1.17M (2023)

Expenses

$1.41M (2023)

Total Assets

$4.23M (2023)

Total Liabilities

$0 (2023)

Fiscal Year Ending Aug.
2023

Fiscal Year Ending Aug.
2022

Fiscal Year Ending Aug.
2021

Fiscal Year Ending Aug.
2020

Fiscal Year Ending Aug.
2019

Fiscal Year Ending Aug.
2018

Fiscal Year Ending Aug.
2017

Fiscal Year Ending Aug.
2016

Fiscal Year Ending Aug.
2015

Fiscal Year Ending Aug.
2014

Fiscal Year Ending Aug.
2013

Fiscal Year Ending Aug.
2012

Fiscal Year Ending Aug.
2011

Fiscal Year Ending Aug.
2010

Fiscal Year Ending Aug.
2008

Fiscal Year Ending Aug.
2007

Fiscal Year Ending Aug.
2006

Fiscal Year Ending Aug.
2005

Fiscal Year Ending Aug.
2004