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Crunching Numbers, Breakdown, Duly Noted and On the Move.

by Staff; Presented by First Harvest Credit Union

Crunching Numbers


20,820
The number of tax filers N.J. lost from interstate migration between 2021 and 2022—or $5.27 billion in adjusted gross income—according to the Tax Foundation’s recently updated analysis of IRS data.

Six
How many monetary awards Burlington County’s commissioners announced in late August, the first round of the county’s $1 million Grants for Food Banks and Food Pantries program.

Five
The number of Strategic Innovation Centers the state will have once the New Jersey Economic Development Authority and the Atlantic County Improvement Authority open the Aerospace Innovation Center in Atlantic City, expected for Jan. 2026.

$20 million
The amount of American Rescue Plan funding that will support the new Ready to Be Resilient Stormwater and Resilience Funding Program in modernizing both infrastructure and management strategies as a response to increased precipitation.

13%
The percentage of retired seniors nationwide who say they’ll probably return to work in 2025, according to a recent ResumeBuilder.com survey that found their top reason was an increased cost of living.

$4 million
The amount that The Cooper Foundation’s 14th annual Red Hot Gala nearly raised Sept. 27 in the yearly fundraiser that broke previous sponsor, attendee and donation records.

Nos. 237 & 338
Where Stockton and Rowan universities, respectively, rank in the recently released Wall Street Journal and College Pulse rankings of the 500 Best Colleges In The U.S.

16.1%
As the U.S. Bureau of Labor Statistics reported last month, the percentage of New Jersey’s wage and salary workers who belonged to a union in 2023, signaling an increase from 2022’s 14.9%.

2.5 million
The number of people who have benefited from The Salvation Army Camden Kroc Center’s services in the decade since the nonprofit organization has opened its doors to the local community. 

 

Breakdown


Last month, it was announced that New Jersey’s ‘Internet for All’ proposal has been approved.

What Happened: The National Telecommunications and Information Administration has approved the plan, which will receive $263.7 million in federal funding from the nationwide Broadband Equity, Access, and Deployment (BEAD) Program. The program is expanding high-speed internet access across all 50 states, Washington, D.C., and American territories.

What It Means: New Jersey can both request access to funding and begin implementing the BEAD Program, which is expected to help resolve inequities among the digital divide and provide affordable, high-speed internet access to historically neglected communities. The funding prioritizes areas that have been without adequately reliable digital access, using locations that the Federal Communications Commission’s National Broadband Map identifies as such—ultimately targeting nearly 43,324 unserved and 29,212 underserved areas.

What’s Next: The state’s Office of Broadband Connectivity will lead the rollout across both urban and rural areas during the next five years. Once those deployment goals are met, any funding that remains can be used, for example, to address high-speed internet adoption, training and workforce-development efforts. As Gov. Phil Murphy pointed out, “By ensuring that high-speed broadband internet is more accessible, we will generate educational and economic opportunities so that no New Jersey family is left behind. High speed internet is no longer a luxury but a necessity for Americans to work, live and stay connected.”

 

On the Move


Effective Sept. 9, Jim Andrews, MHL, has been appointed as the new president and CEO of Deborah Heart and Lung Center. He succeeds Joseph Chirichella, who will assume the role of president emeritus.

Last month, Malamut Law announced that previous summer associate Sophia Agostini, Esq., has joined the firm’s government and regulatory affairs practice as an associate, focusing on local government law.

The advisory, tax, accounting and wealth-management firm Mercadien recently announced a number of internal promotions. Dominic Hulick, CAMS, Caitlin Kolczynski, MST, CFP, EA, and Stephanie Toplinski, MAcc, EA, have all been promoted from associate to director, while four associates were promoted to manager: Victoria Cardis, EA, Tyler Marcocci, CPA, Matthew Mullins, CPA, and Peter Sciarrotta, CAMS, CGSS.

Newmark Associates announced early last month that it has promoted brokers Jeannette Melillo and Mary Swatek to vice president.

The Marlton-based Weinberg, Kaplan and Smith, P.A., announced late last month that Taylor N. Nacci has joined the family-law firm as an associate attorney.

 

Duly Noted


When the Burlington County commissioners and Burlington County Women’s Advisory Council hosted the annual Outstanding Women of Burlington County Awards Reception Sept. 17, they recognized 10 ladies who’ve enriched the community, several of whom represent the region’s professional landscape: Judge Marie White Bell, the first Black municipal court judge in both Burlington and Camden counties and the first Black woman to serve as a Superior Court Judge in Burlington County; Mariel Giletto, a Flaster Greenberg attorney and chair of the Rancocas Woods Business Association; Pastor Darlene Trappier, founder and executive director of the Mount Holly-based nonprofit Beacon of Hope; and Malikah Morris, the Burlington County Department of Human Services’ deputy director and chair of the county’s Minority and Equality Rights Task Force.

The Camden County Bar Foundation announced late last month that Hon. Robert B. Kugler (ret.) has been selected as the recipient of its 2024 Judge John F. Gerry Award.

On Sept. 19, the New Jersey Bankers Association (NJBankers) recognized both Suellen Arecchi and Nancy Schneier as the recipients of its 2024 Warren Hill Award.