Society For Human Resource Management Long Island Chapter Inc
- Assets
- $131.1k
- Revenue
- $225.0k
- Investments
- $0.0
- Employees
- 0
- Location
- North Babylon, NY
- Founding
- 02/1991
- Data as of
- 12/2021
- EIN
- 11-3051329
Organization Overview
Society For Human Resource Management Long Island Chapter Inc, operating under the name Shrm-Li, is located in North Babylon, NY. The organization was established in 1991. According to its NTEE Classification (S02) the organization is classified as: Management & Technical Assistance, 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. Shrm-Li 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 12/2021, Shrm-Li generated $225.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $193.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SHRM-LI CONFERENCE IS HELD ONCE A YEAR TO PROVIDE EDUCATIONAL WORKSHOPS ON RELATED HUMAN RESOURCES TOPICS WHERE HR PROFESSIONALS CAN RECEIVE CONTINUING EDUCATION CREDITS. THE CONFERENCE ALSO PROVIDES MEETINGS FOR SPONSORS WITH HR PROFESSIONALS TO EDUCATE THEM ON SERVICES RELATED TO PAYROLL, BENEFITS, TRAINING AND DEVELOPMENT, HRIS SOFTWARE, ETC. THAT WILL ADVANCE THEIR HR EXPERTISE. OVER 750 HR PROFESSIONALS ATTENDED THE ANNUAL CONFERENCE IN 2021
THE SHRM-LI/ JACKSON LEWIS BREAKFAST SERIES IS OFFERED ONCE A MONTH FROM SEPTEMBER TO JULY. SHRM-LI PARTNERS WITH JACKSON LEWIS P.C. TO PROVIDE WORKSHOPS RELATED TO LABOR LAW, SO THAT HR PROFESSIONALS ARE KEPT UP TO DATE ON HUMAN RESOURCE REQUIREMENTS. OVER 1,200 HR PROFESSIONALS ATTENDED THE SHRM-LI/JACKSON LEWIS BREAKFAST SERIES IN 2021
THE SHRM-LI CHAPTER HOLDS MONTHLY MEETINGS TO PROVIDE EDUCATIONAL SEMINARS ON RELATED HUMAN RESOURCES TOPICS WHERE HR PROFESSIONALS CAN RECEIVE CONTINUING EDUCATION CREDITS. APPROXIMATELY 100 HR PROFESSIONALS ATTENDED EACH MONTH DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Carey President | Officer | 15 | $0 |
Jamie Davis Vice President | Officer | 4 | $0 |
Robert Gasperetti Treasurer | Officer | 3 | $0 |
Financial Statements
| 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 | $174,533 |
| Investment income | $18 |
| 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 | $225,003 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,746 |
| Office expenses | $4,375 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,768 |
| Travel | $216 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $90,685 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,709 |
| All other expenses | $0 |
| Total functional expenses | $193,038 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,652 |
| Savings and temporary cash investments | $40,311 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,168 |
| Total assets | $131,131 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 | $30,799 |
| Retained earnings, endowment, accumulated income, or other funds | $100,332 |
| Total liabilities and net assets/fund balances | $131,131 |
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