Boston Shoe Travelers Assoc is located in East Longmeadow, MA. The organization was established in 1980. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Boston Shoe Travelers Assoc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Shoe Travelers Assoc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2022, Boston Shoe Travelers Assoc generated $383.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $388.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSOCIATION OF FOOTWEAR SALES REPRESENTATIVES ORGANIZED TO HELP ONE ANOTHER AND CREATE FOOTWEAR TRADE SHOWS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022, FOOTWEAR TRADE SHOWS WERE HELD BY BOSTON SHOE TRAVELERS ASSOCIATION, INC. IN JANUARY, FEBRUARY, AND AUGUST. THE SHOWS WERE WELL- ATTENDED BY FOOTWEAR RETAILERS AND VENDORS.
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Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Fitzpatrick President | OfficerTrustee | $0 | |
Corey Schermerhorn Vice Preside | OfficerTrustee | $0 | |
Anita Buckingham Treasurer | OfficerTrustee | $0 | |
Adam Casey Director | Trustee | $0 | |
John Conlon Director | Trustee | $0 | |
Sky Ryan Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $353,038 |
Investment income | $598 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $383,004 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $67,620 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,851 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,500 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,565 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,000 |
Travel | $2,000 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $261 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $214 |
Insurance | $4,571 |
All other expenses | $2,573 |
Total functional expenses | $388,891 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $100,559 |
Savings and temporary cash investments | $366,061 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $321 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $50,872 |
Total assets | $517,813 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $167,410 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $100 |
Total liabilities | $167,510 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $350,303 |
Total liabilities and net assets/fund balances | $517,813 |