Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: DENTAL BENEFITS COVERAGE REVENUE

  total $345,793,110 · related or exempt $345,793,110

• 2b · Program service revenue: OTHER RELATED REVENUE

  total $1,605,155 · related or exempt $1,605,155

• 3 · Investment income

  total $8,553,103 · unrelated business $0 · excluded $8,553,103

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6a · Gross rents

  real property $1,537,259

• 6b · Less rental expenses

  real property $3,539,110

• 6c · Rental income or loss

  real property -$2,001,851 · personal property $0

• 6d · Net rental income or loss

  total -$2,001,851 · excluded -$2,001,851

• 7a · Gross sales of assets other than inventory

  securities $2,156,663

• 7b · Less cost or other basis and sales expenses

  securities $706,996

• 7c · Gain or loss

  securities $1,449,667

• 7d · Net gain or loss

  total $1,449,667 · excluded $1,449,667

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $0

• 8c · Net income from fundraising events

  total $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $271,404 · program services $271,404

• 2 · Grants to domestic individuals

  total $0

• 3 · Grants to foreign organizations and individuals

  total $0

• 4 · Benefits paid to or for members

  total $247,130,172 · program services $247,130,172

• 5 · Compensation of officers, directors and key employees

  total $8,139,214 · program services $7,325,293 · management and general $813,921

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $25,327,917 · program services $22,795,125 · management and general $2,532,792

• 8 · Pension plan contributions

  total $1,241,882 · program services $1,117,694 · management and general $124,188

• 9 · Other employee benefits

  total $5,749,147 · program services $5,174,232 · management and general $574,915

• 10 · Payroll taxes

  total $2,499,255 · program services $2,249,329 · management and general $249,926

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $20,381 · program services $18,343 · management and general $2,038

• 11c · Fees: accounting

  total $334,950 · program services $301,455 · management and general $33,495

• 11d · Fees: lobbying

  total $104,737 · program services $94,263 · management and general $10,474

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $864,432 · program services $777,989 · management and general $86,443

• 11g · Fees: other

  total $16,889,160 · program services $15,200,244 · management and general $1,688,916

• 12 · Advertising and promotion

  total $4,943,607 · program services $4,449,246 · management and general $494,361

• 13 · Office expenses

  total $5,939,410 · program services $5,345,469 · management and general $593,941

• 14 · Information technology

  total $859,661 · program services $773,695 · management and general $85,966

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $135,086 · program services $121,577 · management and general $13,509

• 17 · Travel

  total $671,384 · program services $604,246 · management and general $67,138

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $0

• 20 · Interest

  total $0

• 21 · Payments to affiliates

  total $0

• 22 · Depreciation, depletion and amortization

  total $4,285,002 · program services $3,856,502 · management and general $428,500

• 23 · Insurance

  total $644,924 · program services $580,432 · management and general $64,492

• 24a · Other expenses: BROKERAGE COMMISSIONS

  total $15,882,313 · program services $14,294,082 · management and general $1,588,231 · fundraising $0

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $1,447,888 · program services $1,303,099 · management and general $144,789 · fundraising $0

• 24c · Other expenses: RECRUITMENT & DEVELOPMENT

  total $650,947 · program services $585,852 · management and general $65,095 · fundraising $0

• 24d · Other expenses: OTHER EXPENSES

  total $1,445,291 · program services $1,301,262 · management and general $144,029 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $22,148,761 · end of year $17,854,434

• 2 · Savings and temporary cash investments

  beginning of year $0 · end of year $0

• 3 · Pledges and grants receivable

  beginning of year $0 · end of year $0

• 4 · Accounts receivable

  beginning of year $48,410,922 · end of year $48,744,148

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 7 · Other notes and loans receivable

  beginning of year $0 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,598,836 · end of year $2,983,859

• 10a · Land, buildings and equipment: cost or other basis

  $94,740,799

• 10b · Land, buildings and equipment: accumulated depreciation

  $69,317,846

• 10c · Land, buildings and equipment, net

  beginning of year $28,147,780 · end of year $25,422,953

• 11 · Investments: publicly traded securities

  beginning of year $202,043,341 · end of year $215,266,984

• 12 · Investments: other securities

  beginning of year $30,129,963 · end of year $39,734,110

• 13 · Investments: program-related

  beginning of year $14,784,850 · end of year $14,417,081

• 14 · Intangible assets

  beginning of year $139,516 · end of year $115,374

• 15 · Other assets

  beginning of year $7,799,707 · end of year $20,762,427

• 17 · Accounts payable and accrued expenses

  beginning of year $23,343,602 · end of year $26,857,514

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $0 · end of year $0

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 21 · Escrow or custodial account liability

  beginning of year $0 · end of year $0

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 23 · Secured mortgages and notes payable

  beginning of year $0 · end of year $0

• 24 · Unsecured notes and loans payable

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $61,229,503 · end of year $64,136,244

• 29 · Capital stock, trust principal or current funds

  beginning of year $25,000 · end of year $25,000

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $295,198,685 · end of year $309,660,537

• 31 · Retained earnings, endowment or other funds

  beginning of year -$23,593,114 · end of year -$15,377,925

The filer's explanations (Part III)

SCHEDULE J, PART I; QUESTIONS 1A AND 1B

THE ORGANIZATION PAID FOR FINANCIAL/TAX PLANNING SERVICES FOR CERTAIN EMPLOYEES. THE FINANCIAL/TAX PLANNING SERVICES AMOUNTS OUTLINED HEREIN WERE INCLUDED IN THEIR 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: DENNIS G. WILSON, $750 AND PAUL J. DIMAIO, ESQ., $725. EACH OF THE FOLLOWING INDIVIDUAL'S 2024 FORM W-2 INCLUDES A GROSS-UP AMOUNT RELATED TO THE PERSONAL USAGE OF AN AUTO ALLOWANCE; DENNIS G. WILSON, $5,308; PAUL J. DIMAIO, ESQ., $4,082; MICHAEL T. RODRIGUES, $4,176; KEITH D. LIBOU, $3,543; KARIM BENNIS, $3,923; RANDY M. STODARD, $3,407; BARRY PETRUZZI, $1,529; JUSTIN LAHULLIER, $1,868; VINCENT FARINELLA, $3,288; STUART BRERETON, $2,166 AND MELISSA TOLL, $241. IN ADDITION, CERTAIN BOARD OF TRUSTEE MEMBERS' 2024 FORMS 1099-MISC INCLUDE TAX GROSS-UP PAYMENTS RELATED TO COMPENSATION PAID TO THEM FOR FINANCIAL/TAX PLANNING SERVICES. The organization paid social club dues for dennis g. wilson, President/CEO of the organization. Utilization of this membership was primarily for the benefit of Delta Dental of New Jersey, Inc.

SCHEDULE J, PART I; QUESTION 4B

THE AMOUNT REFLECTED IN COLUMN B(III) FOR THE FOLLOWING INDIVIDUALS INCLUDES PARTICIPATION IN A PENSION RESTORATION SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") BECAUSE THE AMOUNTS WERE NO LONGER SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. THE AMOUNTS OUTLINED HEREIN WERE INCLUDED IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: PAUL J. DIMAIO, ESQ., $141,905; MICHAEL T. RODRIGUES, $64,378; RANDY M. STODARD, $3,819 AND BARRY PETRUZZI $16,924. PLEASE NOTE THAT THE AMOUNTS REFLECTED INCLUDE A 27% TAX ADJUSTMENT WITH RESPECT TO THE SERP PAYMENTS TO MITIGATE THE TAX INEFFICIENCY OF THE NON-QUALIFIED SERP. THE DEFERRED COMPENSATION AMOUNT IN COLUMN C FOR THE FOLLOWING INDIVIDUALS INCLUDES UNVESTED BENEFITS IN A PENSION RESTORATION SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN ("SERP") WHICH ARE SUBJECT TO A SUBSTANTIAL RISK OF COMPLETE FORFEITURE. ACCORDINGLY, THE INDIVIDUALS MAY NEVER ACTUALLY RECEIVE THIS UNVESTED BENEFIT AMOUNT. THE AMOUNTS OUTLINED HEREIN WERE NOT INCLUDED IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES: KARIM BENNIS, $77,250 AND STUART BRERETON, $31,365.

SCHEDULE J, PART I; QUESTION 7 AND CORE FORM, PART VII

INCLUDED IN COLUMN B(II) FOR CERTAIN INDIVIDUALS IS A PAYMENT RELATED TO A PROGRESS INCENTIVE PROGRAM. UNDER THIS PROGRAM, A PAYMENT IS MADE TO THESE INDIVIDUALS WHICH IS BASED ON ESTABLISHED TARGETS, BENCHMARKS AND GOALS. IF MET, THE INDIVIDUALS RECEIVE, AS A PROGRESS INCENTIVE PAYMENT, ADDITIONAL COMPENSATION BASED ON A PERCENTAGE OF THEIR BASE COMPENSATION. THE ABOVE NOTED PAYMENT WAS INCLUDED IN EACH INDIVIDUAL'S 2024 FORM W-2, BOX 5, AS TAXABLE MEDICARE WAGES. PLEASE REFER TO THIS SECTION OF THE FORM 990, SCHEDULE J FOR THIS INFORMATION BY PERSON BY AMOUNT.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• DELTA DENTAL OF NEW JERSEY PAC

  RELATED · NJ · income $13,950 · assets $21,018

  Directly controlled by DDNJ

• 1639 REAL ESTATE LLC

  RELATED · NJ · income $3,805,704 · assets $28,102,518

  Directly controlled by DDNJ

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• DDPNJ CORPORATION

  C CORP. · HOLDING COMPANY · NJ · 100% owned · share of income $64,968,232 · share of assets $24,011,194 · controlled entity

  Directly controlled by DDNJ

• FLAGSHIP HEALTH SYSTEMS INC

  C CORP. · DENTAL PLAN ORG. · NJ · controlled entity

  Directly controlled by DDPNJ

• DELTA DENTAL OF CONNECTICUT INC

  C CORP. · DENTAL PLAN ORG. · CT · controlled entity

  Directly controlled by DDPNJ