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| NEW JERSEY STATE BAR ASSOCIATION |
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| 2020-2021 |
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Budget |
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7/1/20 |
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6/30/21 |
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| MEMBERSHIP DUES |
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| Membership Dues |
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2,526,429 |
| Section Dues |
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298,640 |
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| YOUNG LAWYERS DIVISION |
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| YLD Dues |
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20,000 |
| Seminars |
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2,250 |
| Annual Meeting |
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6,750 |
| Entertainment |
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4,500 |
| Community Service/Other |
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750 |
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| MEETINGS |
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| Mid-Year Revenues |
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277,665 |
| Annual Meeting Revenues |
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1,030,000 |
| Meetings Rev. - Offsite |
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250,000 |
| Meetings Rev - Retreats |
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80,000 |
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| OTHER INCOME |
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| Advertising |
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50,000 |
| Interest On Investments |
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45,000 |
| Foundation Agreement |
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47,940 |
| LAP Agreement |
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49,512 |
| Royalty/Misc. Income |
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75,000 |
| Ethics Diversionary Program |
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20,000 |
| Corporate Partner Program |
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70,000 |
| Miscellaneous Sponsorship |
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11,500 |
| ICLE Revenue |
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4,773,415 |
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| TOTAL REVENUE |
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9,639,350 |
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| PERSONNEL/TRAVEL |
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| Salaries/Bonus |
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3,743,690 |
| Federal/State Payroll Taxes |
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299,495 |
| Group Insurance |
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650,000 |
| Retirement Plan |
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215,000 |
| Education |
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2,000 |
| Staff Association Travel/Hosp |
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18,000 |
| Assn. Auto Expense |
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12,000 |
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| ADMINISTRATIVE |
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| General Postage |
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67,000 |
| General Printing |
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7,500 |
| Delivery Service |
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5,000 |
| Office Supplies |
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15,000 |
| Miscellaneous Expense |
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260,000 |
| Audit |
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56,000 |
| Association Dues |
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8,000 |
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| EQUIPMENT & SERVICES |
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| Telephone |
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27,000 |
| Equipment Rental & Maint. |
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40,000 |
| Computer Expense |
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280,000 |
| Copier Expense |
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30,000 |
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| BUILDING OPERATIONS |
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| Building & Contents Insur. |
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65,000 |
| Law Center Rent & Other Exp. |
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580,000 |
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| MEETINGS DEPT - MID-YEAR |
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| Meeting Functions |
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206,050 |
| Speakers & Guests |
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5,700 |
| Officers |
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15,100 |
| Staff/Site Visits |
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23,800 |
| Miscellaneous |
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22,000 |
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| ANNUAL MEETING |
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| Meeting Functions |
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528,425 |
| Speakers & Guests |
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55,000 |
| Officers & Guests |
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7,500 |
| Staff |
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45,000 |
| Printing & Mailing |
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15,000 |
| Miscellaneous |
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177,500 |
| Exhibits |
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53,000 |
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| GENERAL MEETING EXP. |
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| Law Ctr Meeting - NJSBA |
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42,500 |
| Offsite Meeting Expense |
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250,000 |
| Meeting Expense - Retreats |
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55,000 |
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| COMMUNICATIONS DEPARTMENT |
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| New Jersey Lawyer Magazine |
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60,000 |
| Directory Printing |
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500 |
| Photography & Video |
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6,000 |
| Website Dev. & Hosting |
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5,000 |
| Law Journal Pages |
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20,800 |
| Daily Briefing |
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12,252 |
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| SECTIONS & COMMITTEES |
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| Misc. Sect. & Committee Exp. |
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22,250 |
| Sect./Committee Newsletter |
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25,000 |
| Election Expense |
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6,000 |
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| MEMBERSHIP PROMOMOTION/SERVICES |
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| Member Solicitation/Retention |
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55,000 |
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| LEGISLATIVE/LEGAL |
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| Legislative Research & Reference |
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7,500 |
| Legislative Operations/Events |
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5,000 |
| Legislative Lobbying Expenses |
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12,000 |
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| YOUNG LAWYERS DIVISION |
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| YLD Operating Expenses |
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2,800 |
| YLD Travel Expenses |
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3,250 |
| Seminars |
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3,000 |
| Community Service/Other |
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1,500 |
| Entertainment |
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10,000 |
| Annual Meeting |
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13,700 |
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| OFFICERS & BOARD OF TRUSTEES |
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| Officers Expenses |
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12,000 |
| Presidential Initiatives |
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10,000 |
| Mid-Atlantic Conf. |
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1,000 |
| Board of Trustees Expenses |
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12,500 |
| E & O Insurance |
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23,000 |
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| OTHER EXPENSES |
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| Contingencies |
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10,000 |
| Depreciation Expense |
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150,000 |
| Comm. On Professionalism |
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11,000 |
| Legal Research |
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45,000 |
| Ethics Divers. Program |
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2,500 |
| Bad Debt Expense |
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10,000 |
| Diversity Initiatives |
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25,000 |
| Law Practice Management |
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60,000 |
| CLE Direct Expense * |
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1,256,200 |
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| TOTAL EXPENSES |
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9,782,012 |
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| OPERATING INC/(LOSS) |
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(142,662) |
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| Real Gain/(Loss) Sale Invst. |
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0 |
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| TOTAL NET INCOME/(LOSS) |
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(142,662) |
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| * not inclusive of operational expenses. |
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