New Jersey Shares Inc
New Jersey Shares Inc is a public charity based in Flemington, New Jersey, formed in 1997. It supports individuals and families in need of help with energy and utility costs, including through assistance programs for eligible New Jersey households.
New Jersey Shares Inc at a glance
- Total assets
- $8,922,672
- +46.2% vs 2023
- Revenue (2024)
- $14,597,315
- +144.7% vs 2023
- Net investment income (2024)
- $211,184
- +91.9% vs 2023
- Expenses (2024)
- $15,236,267
- +161.9% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to New Jersey Shares Inc
- Contact
Mailing address: 4 Walter E Foran Blvd 105, Flemington, NJ 08822
Phone: (609) 883-1478
Website: https://njshares.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who New Jersey Shares Inc funds
How this funder distributes its grants
Grant Size Distribution
31 grants across all recorded years
The most common grant size was under $50K: 17 grants of 31 (55%).
Geographic Focus
Where this funder awards grants
The filing describes programs serving eligible New Jersey residents and households statewide.
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2021, annual grant giving ranged from $977K (2020) to $1.2M (2021). In 2021 it made 10 grants totaling $1.2M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Essex County Division of Community Action East Orange, NJ | Outreach and Utility Bill Assistance. | $238,982 |
| Atlantic City Electric Mays Landing, NJ | Outreach and Utility Bill Assistance. | $194,620 |
| Public Service Enterprise Group Newark, NJ | Outreach and Utility Bill Assistance. | $178,680 |
| New Jersey American Water Camden, NJ | Outreach and Utility Bill Assistance. | $159,905 |
| New Jersey Natural Gas Wall, NJ | Outreach and Utility Bill Assistance. | $135,702 |
| Jersey Central Power & Light Morristown, NJ | Outreach and Utility Bill Assistance. | $107,005 |
| Suez Paramus, NJ | Outreach and Utility Bill Assistance. | $101,886 |
| Elizabethtown Gas Berkeley Heights, NJ | Outreach and Utility Bill Assistance. | $79,123 |
| South Jersey Gas Folsom, NJ | Outreach and Utility Bill Assistance. | $14,722 |
| Rockland Electric Company Mahwah, NJ | Outreach and Utility Bill Assistance. | $6,180 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $8,922,672 | $14,597,315 | $15,236,267 | — | — | $211,184 |
| 2023 | $6,103,316 | $5,966,321 | $5,817,523 | — | — | $110,049 |
| 2022 | $6,353,092 | $8,748,108 | $8,516,687 | — | — | $11,337 |
| 2021 | $9,113,571 | $3,282,421 | $3,710,292 | $1,216,805 | 10 | $186 |
| 2020 | $2,418,928 | $2,203,644 | $2,417,268 | $976,540 | 21 | $2,855 |
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The organization states that its mission is to help individuals and families meet their energy and utility burden through advocacy, community outreach, education, information and referral, and connections to available resources.
Its filing describes assistance for New Jersey households facing housing instability or a temporary financial crisis, including help with electric and gas bills, heating assistance, water-bill assistance, energy-service referrals, and outreach and enrollment services for the Verizon Communications Lifeline. Applications are reviewed for eligibility based on income and household size; the filing also notes a good-faith payment within a specified timeframe as an eligibility factor.
Grantmaking
The 2024 filing reports 0 grants. The 2023 and 2022 filings also report 0 grants. The assistance programs described in the filing provide help to eligible households; the available information does not report grants to outside organizations.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing:
- Jenny Davis Toth — Chairperson
- Ulises Diaz — 1st Vice Chairperson
- Kelly McBurney — 2nd Vice Chairperson
- John Sartor — Treasurer
- Tiffany Stewart Esq — Secretary
- Claire Bartolomeo — Board Member
- Natalie Chesko — Board Member
- Deborah Davis — Board Member
- James Dieterle — Board Member
- Michelle Dye — Board Member
New Jersey Shares Inc is led by Cheryl Stowell, Chief Executive Officer on every filing since 2020; 3 of 24 officers listed in 2024 are compensated.
Officers on the 2024 filing
Cheryl Stowell
Chief Executive Officer
On filings since 2020
40 hrs/week
$214K (2020) → $347K (2024)
Jenny Davis Toth
Chairperson
Board Member → 1st Vice Chairperson, 2021
1st Vice Chairperson → Chairperson, 2023
On filings since 2020
2 hrs/week
No compensation reported
Monica Grybowski
Director of Finance
On filings since 2020
40 hrs/week
$119K (2020) → $230K (2024)
Jennifer Lazor
Assistant Director
On filings since 2023
40 hrs/week
$105K (2023) → $111K (2024)
Chris James
Board Member
Chairperson → Board Member, 2023
On filings since 2020
2 hrs/week
No compensation reported
Claire Bartolomeo
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Denise Venuti-Free
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Heather Green
Board Member
On filings since 2020
2 hrs/week
No compensation reported
James Dieterle
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Janice Mironov
Board Member
On filings since 2020
2 hrs/week
No compensation reported
John Sartor
Treasurer
On filings since 2020
2 hrs/week
No compensation reported
Kelly McBurney
2nd Vice Chairperson
Board Member → 2nd Vice Chairperson, 2023
On filings since 2020
2 hrs/week
No compensation reported
Linda Feger
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Michael Nardo
Board Member
On filings since 2020
2 hrs/week
No compensation reported
Tiffany Stewart Esq.
Secretary
Board Member → Secretary, 2021
On filings since 2020
2 hrs/week
No compensation reported
Ulises Diaz
1st Vice Chairperson
2nd Vice Chairperson → 1st Vice Chairperson, 2023
On filings since 2020
2 hrs/week
No compensation reported
Gary Prettyman
Board Member
On filings since 2021
2 hrs/week
No compensation reported
Deborah Davis
Board Member
On filings since 2023
2 hrs/week
No compensation reported
Braxton Plummer
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Edward Oatman
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Judith Jordan
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Michelle Dye
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Natalie Chesko
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Theresa Owens
Board Member
New on the 2024 filing
2 hrs/week
No compensation reported
Former officers (12)
- Former: Adam Burger (2020–2023) — Board Member
- Former: Alfred Glass (2020–2023) — Board Member
- Former: Chip Hallock (2020–2023) — Board Member
- Former: Jennifer P. Young (2020–2023) — Board Member
- Former: Samantha Myers (2020–2023) — Board Member
- Former: Alita Corbett (2020–2022) — Board Member
- Former: Gina M. Laplaca (2020–2022) — Board Member
- Former: Gina O' Donnell (2020–2022) — Board Member
- Former: Tom Churchelow (2020–2022) — Board Member
- Former: Emory Brown III (2021–2022) — Board Member
- Former: Barbara A. Shissias (2020) — 1st Vice Chairperson
- Former: Michael Swayze (2020) — Secretary
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $347K, to Cheryl Stowell (Chief Executive Officer). 3 officers or directors reported compensation on that filing.
Frequently asked questions about New Jersey Shares Inc
How large is New Jersey Shares Inc?
New Jersey Shares Inc reported $8.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $14.6M.
What does New Jersey Shares Inc fund?
The organization states that its mission is to help individuals and families meet their energy and utility burden through advocacy, community outreach, education, information and referral, and connections to available resources. See mission & focus areas ↑
How do I apply for a grant from New Jersey Shares Inc?
New Jersey Shares Inc has no public application process in the sources Grantable reviewed. Check njshares.org for current guidelines, or contact the foundation directly before submitting a request.
Where does New Jersey Shares Inc make grants?
The filing describes programs serving eligible New Jersey residents and households statewide.
What is New Jersey Shares Inc's EIN?
New Jersey Shares Inc's EIN (Employer Identification Number) is 22-3564398. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work New Jersey Shares Inc funds
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New Jersey Shares Inc down — hundreds of funders to go?