New Jersey Bankers Association logo

New Jersey Bankers Association

CRANFORD, NJ EIN: 22-1152260 Website

THE NEW JERSEY BANKERS ASSOCIATION IS AN ADVOCATE FOR THE NEW JERSEY BANKING INDUSTRY. ITS PRIMARY MISSION IS TO REPRESENT ITS MEMBERSHIPS' INTERESTS BEFORE STATE AND FEDERAL GOVERNMENT AND REGULATORY AUTHORITIES. IN ADDITION, NJ BANKERS PROVIDES ITS MEMBERS WITH SERVICES AND SUPPORT IN PUBLIC AND MEDIA RELATIONS, EDUCATION AND EMPLOYEE HEALTH INSURANCE BENEFIT PROGRAMS AND IN MEETING COMMUNITY REINVESTMENT ACT REGULATIONS.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$6.1M

+4.0% YoY

Annual Giving

$135K

Grant Count

17

Avg Grant Size

$8K

About New Jersey Bankers Association

Based on IRS filings

New Jersey Bankers Association is a nonprofit organization, based in CRANFORD, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $6.1M in total assets. In 2024, it awarded 17 grants totaling $135K. Net investment income was $149K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

CamdenClarkColoniaCranfordHackettstownIrvingtonKingstonMatawanNorthfieldOakhurstPalmyraParamusPatersonSpring LakeTotowaUnion City

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$4M$5M20202021202220232024
Metric202420232022
Total Assets$6,122,030$5,887,095$5,053,875
Revenue$4,176,430$4,273,484$4,072,636
Expenses$3,942,063$3,950,553$3,967,057
Qualifying Distributions
Net Investment Income$149,062$46,068$31,328
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$34K$68K$101K$135K0 grants20200 grants20211 grants20220 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FREIMAN FOR ASSEMBLY$10KEFO TROY SINGLETON FOR N…$10KEFO WILLIAM SPEARMAN FOR…$10KSCHAER FOR ASSEMBLY$10KSCUTARI FOR SENATE$10KABA VOTER EDUCATION$10KEFO SENATOR NILSA CRUZ-P…$10KEFO CRAIG COUGHLIN$10KBRIAN P STACK FOR SENATE$7KRENEE BURGESS FOR SENATE$7K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Freiman for Assembly ($10,400), Efo Troy Singleton for Nj Senate ($10,200), Efo William Spearman for Assembly ($10,200).

RecipientPurposeAmount
FREIMAN FOR ASSEMBLY Kingston, NJPOLITICAL$10,400
EFO TROY SINGLETON FOR NJ SENATE Palmyra, NJPOLITICAL$10,200
EFO WILLIAM SPEARMAN FOR ASSEMBLY Camden, NJPOLITICAL$10,200
SCHAER FOR ASSEMBLY Spring Lake, NJPOLITICAL$10,200
SCUTARI FOR SENATE Clark, NJPOLITICAL$10,200
ABA VOTER EDUCATION CRANFORD, NJPOLITICAL$10,000
EFO SENATOR NILSA CRUZ-PEREZ Camden, NJPOLITICAL$9,700
EFO CRAIG COUGHLIN Colonia, NJPOLITICAL$9,500
BRIAN P STACK FOR SENATE Union City, NJPOLITICAL$7,200
RENEE BURGESS FOR SENATE Irvington, NJPOLITICAL$7,200

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MICHAEL AFFUSOPRESIDENT/CEO$418KJENNIFER ZORNVP/EDUC/DIR BUS DEVELOPMENT$213KBRITTANY WHEELERVP/Director of GovT AffaIRS$170KJOHN MANGINIVP/DIRECTOR OF MARKETING & COM$157KJESSICA JAKOBSONVP OF PROF. DEVELOPMENT$134KEDWARD YAKELYVP of Finance$105K

From 2024 filing

NameTitleHoursCompensation
MICHAEL AFFUSOPRESIDENT/CEO35$417,627
JENNIFER ZORNVP/EDUC/DIR BUS DEVELOPMENT35$212,931
JOHN MANGINIVP/DIRECTOR OF MARKETING & COM35$157,475
BRITTANY WHEELERVP/Director of GovT AffaIRS35$169,687
JESSICA JAKOBSONVP OF PROF. DEVELOPMENT35$134,385
EDWARD YAKELYVP of Finance35$105,111
STEVEN M KLEINCHAIRMAN1
Patrick L RyanFIRST VICE CHAIRMAN1
Craig L MontanaroSECOND VICE CHAIRMAN1
Christopher D MaherIMMEDIATE FORMER CHAIRMAN1
John S FitzgeraldFORMER CHAIRMAN1
Thomas J KemlyMember1
John M BonhommeMEMBER1
Daniel CuneoMEMBER (THRU 11/29/2023)1
Nicholas A Frungillo JrMEMBER (THRU 11/16/2023)1
Effie GikasMEMBER1
Jorge S Gomes EsqMEMBER1
James A HughesMEMBER1
Anthony LabozzettaMEMBER1
Kevin M LenihanMEMBER1
Elizabeth MagennisMEMBER1
Martin P MelilliMEMBER1
James D NesciMEMBER1
Kevin B PetersonMEMBER1
Jane E ReyMEMBER1
Robert ReyMEMBER1
Ira RobbinsMEMBER1
William P TaylorMEMBER1
Kenneth R TottenMEMBER1
Ferdinand R ViaudMEMBER1
James H WainwrightMEMBER1

Frequently Asked Questions

How large is New Jersey Bankers Association?

As of 2024, New Jersey Bankers Association holds $6.1M in total assets with $4.2M in annual revenue. It awarded 17 grants totaling $135K in 2024.

Where does New Jersey Bankers Association operate?

New Jersey Bankers Association has awarded grants in New Jersey.

What size grants does New Jersey Bankers Association award?

In 2024, New Jersey Bankers Association awarded 17 grants totaling $135K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is New Jersey Bankers Association's EIN?

New Jersey Bankers Association's EIN (Employer Identification Number) is 22-1152260. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in New Jersey Bankers Association's focus areas in our free grants database

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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