New Jersey Shares Inc logo

New Jersey Shares Inc

Public charity · Grantmaker Flemington, NJ EIN: 22-3564398 Website

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.

Key facts about New Jersey Shares Inc

EIN
22-3564398
Latest 990 filing
Form 990, 2024
Total assets
$8,922,672

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$8.9M

+46.2% YoY

Revenue

$14.6M

+144.7% YoY

Net Investment Income

$211K

+91.9% YoY

Expenses

$15.2M

+161.9% YoY

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.

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Geographic Focus

Where this funder awards grants

The filing describes programs serving eligible New Jersey residents and households statewide.

Grant Distribution by State

3states

Cities

NewarkBerkeley HeightsCamdenEast OrangeIrvingtonMays LandingMorristownParamusWallWayneAtlantic CityBellevilleBethesdaCincinnatiClementonFolsomMahwahMontclairWanaque

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M21 grants2020 10 grants2021 0 grants2022 0 grants2023 0 grants2024

From 2020 to 2021, annual grant giving ranged from $977K (2020) to $1.2M (2021). In 2021 it made 10 grants totaling $1.2M.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

31 grants across all recorded years

17<$50K3$50–100K10$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 31 (55%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants reported
2024 $8,922,672 $14,597,315 $15,236,267 0
2023 $6,103,316 $5,966,321 $5,817,523 0
2022 $6,353,092 $8,748,108 $8,516,687 0
Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$8,922,672$6,103,316$6,353,092
Revenue$14,597,315$5,966,321$8,748,108
Expenses$15,236,267$5,817,523$8,516,687
Net Investment Income$211,184$110,049$11,337

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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

Cheryl Stowell — Chief Executive Officer: $347KCheryl StowellChief Executive Officer$347KMonica Grybowski — Director of Finance: $230KMonica GrybowskiDirector of Finance$230KJennifer Lazor — Assistant Director: $111KJennifer LazorAssistant Director$111K

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.

Contact

Mailing address: 4 Walter E Foran Blvd 105, Flemington, NJ 08822
Phone: (609) 883-1478
Website: https://njshares.org

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 September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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