New England Spring Manufacturers Association Inc is located in Bristol, CT. The organization was established in 1982. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Spring Manufacturers Association Inc 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, New England Spring Manufacturers Association Inc generated $85.6k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $59.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROMOTING THE BENEFITS AND VALUE OF THE TRADE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Al Mangels Member | 0 | $0 | |
Allen Nadeau Member | 0 | $0 | |
Andrea Tarantino Member | 0 | $0 | |
Bruce Massey Member | 0 | $0 | |
Charlie Radcliff Member | 0 | $0 | |
David Devoe Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
Total Program Service Revenue | $0 |
Membership dues | $36,750 |
Investment income | $4,319 |
Gain or Loss | $2,299 |
Net Income from Gaming & Fundraising | $41,186 |
Other Revenue | $0 |
Total Revenue | $85,554 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $5,014 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $49,825 |
Total expenses | $59,414 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $263,879 |
Other assets | $0 |
Total assets | $263,879 |
Total liabilities | $18,200 |
Net assets or fund balances | $245,679 |