The New Jersey State Bar Association's Board of Trustees approved a $10.9 million fiscal year budget for 2025-2026 that allows the Association to provide meaningful membership experiences, top-notch CLE programming and quality legal publications. Funding in the budget will continue popular member benefits like the Member Assistance Program for mental health services.
The budget is published below, per the bylaws.
New Jersey State Bar Association 2025-2026 Operating Budget
MEMBERSHIP DUES
Membership Dues 2,800,000
Section Dues 287,000
YOUNG LAWYERS DIVISION
YLD Dues 13,000
Seminars 0
Annual Meeting 8,500
Social/Networking 8,500
Community Service/Other 0
MEETINGS
Mid-Year Revenues 326,125
Annual Meeting Revenues 1,100,500
Law Ctr Meet. - Outside Grp. 75,000
Meetings Rev. - Sect & Comm 250,000
Meetings Rev. - Family Law Retreat 350,000
OTHER INCOME
Comm. On Professionalism 13,000
Advertising 80,000
Interest On Investments 100,000
Foundation Agreement 47,940
LAP Agreement 49,512
Royalty/Miscellaneous Income 340,400
Ethics Diversionary Program 36,210
Corporate Partner Program 70,000
Miscellaneous Sponsorship Income 0
Leadership Academy Income 8,000
ICLE Revenue 5,062,000
TOTAL REVENUE 11,025,687
PERSONNEL/TRAVEL
Salaries/Bonus 4,191,100
Part-time/Temporary Staffing 20,000
Federal/State Payroll Taxes 335,288
Group Insurance 600,000
Retirement Plan 220,321
Education 1,000
Staff Assoc. Travel/Hospitality 50,000
Assn. Auto Expense 24,000
ADMINISTRATIVE
General Postage 20,000
General Printing 5,000
Delivery Service 6,500
Office Supplies 22,000
Miscellaneous Expense 400,000
Audit 67,000
Association Dues 10,000
EQUIPMENT & SERVICES
Telephone 26,000
Equipment Rental & Maint. 44,000
Computer Expense 465,000
Copier Expense 40,000
BUILDING OPERATIONS
Building & Contents Insur. 132,000
Law Center Rent & Other Exp. 480,000
MEETINGS DEPT - MID-YEAR
Meeting Functions 224,465
Officers 20,810
Staff/Site Visits 37,625
Miscellaneous 16,100
ANNUAL MEETING
Meeting Functions 683,000
Speakers & Guests 31,500
Staff 14,000
Printing & Mailing 10,500
Miscellaneous 154,000
Exhibits 52,000
GENERAL MEETING EXPENSES
Law Ctr Meeting - NJSBA 60,000
Law Center Mtg - Outside Grp. 45,000
Law Ctr Meet.-Sect.&Comm. 145,000
Meeting Expense - Fam Law Retreat 350,000
COMMUNICATIONS DEPARTMENT
New Jersey Lawyer Magazine 95,000
Photography & Video 6,500
Law Journal Pages 20,800
Daily Briefing 12,252
SECTIONS & COMMITTEES
Misc. Sections & Committee Exp. 20,250
Sections/Committee Newsletter 15,500
Election Expense 5,000
MEMBERSHIP PROMOMOTION/SERVICES
Member Solicitation/Retention 65,000
Member Benefit Program 251,100
LEGISLATIVE/LEGAL
Legislative Research & Reference 5,025
Legislative Operations/Events 4,000
Legislative Lobbying Expenses 12,000
YOUNG LAWYERS DIVISION
YLD Operating Expenses 1,000
YLD Travel Expenses 3,000
Seminars 1,000
Community Service/Other 1,500
Social/Networking 4,000
Annual Meeting/Receptions 19,500
OFFICERS & BOARD OF TRUSTEES
Officers Expenses 25,000
Presidential Initiatives 10,000
Regional County Bar Meetings 17,000
ABA - Annual 15,000
ABA - Mid-Year 14,000
Bar Leadership 7,500
Mid-Atlantic Conf. 8,500
Board of Trustees Expenses 75,000
E & O Insurance 25,000
Leadership Series 8,000
OTHER EXPENSES
Contingencies 10,000
Depreciation Expense 200,000
Bad Debt 15,000
Comm. On Professionalism 15,000
Legal Research 57,222
Ethics Divers. Program 2,595
Diversity Initiatives 50,000
Law Practice Management 5,225
CLE Direct Expense * 878,000
TOTAL EXPENSES 10,983,678
OPERATING INC/(LOSS) 42,009
Real Gain/(Loss) Sale Invst. 0
TOTAL NET INCOME/(LOSS) 42,009