Page 21 - midJersey Business - July/August 2015

THE BUSINESS OF

NON-PROFIT WORK
ATLANTIC

WARREN

SUSSEX
The term "non-proit" is more representative of a tax

status than an actual business model. This is part of why UNION
"social-proit" is a more accurate description of what they PASSAIC
T
RSE
really are. To classify as a tax-exempt, non-proit group, BERGEN
ME
O
they must complete Form 990 with the IRS. Tax-exempt SALEM
S
organizations, non-exempt charitable trusts, and some

political organizations ile this form to provide detailed BURLINGTON
inancial information that is available to the public.

BREAKDOWN
County-by-county Registered Organizations vs. CAMDEN
MORRIS
CAPE MAY
revenue reported by NJ
non-proits
Organizations Filing Form 990*

MONMOUTH
4,700
ESSEX

CUMBERLAND

MERCER

OCEAN
HUDSON

GLOUCESTER

HUNTERDON

2,450

100

IC N N N AY ND EX ER N N ER EX H IS N IC M ET EX N N
NTGEGTODEMASSSTSODORCESOUTRRCEASALERSSSNIORE
LABERNAMPE RLECEUDERMEDLMMOOASSAMESUUAR
ATRLICCAMBEOUHNTIDONPOW
BUUGLHUMMS
C
● Registered Organizations
● Organizations Filling Form 990*

july/august 2015 19
Source: NPEC * Includes organizations that iled inancial information on Form 990, 990-EZ or 990-PF within 24 months of the 2015, Feb BMF
release date, as reported in NCCS Core Files and IRS Business Master Files (excludes 990-N ePostcard ilers)