Special Libraries Association
- Assets
- $1.9m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Laurel, NJ
- Founding
- 02/1938
- Data as of
- 12/2022
- EIN
- 13-5404745
Organization Overview
Special Libraries Association is located in Mount Laurel, NJ. The organization was established in 1938. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is the central organization for a national or regional group of organizations. Special Libraries Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Special Libraries Association generated $1.2m 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 (12.3%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) 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
GLOBAL ORGANIZATION FOR INNOVATIVE INFORMATION PROFESSIONALS AND THEIR STRATEGIC PARTNERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP: SLA OFFERS MEMBERS ACCESS TO EXCEPTIONAL EXPERIENCES, VIBRANT COMMUNITIES, EDUCATIONAL RESOURCES, AND ESSENTIAL TOOLS FOR SUCCESS. SLA MEMBERS-STAY ON TOP OF THE LATEST INDUSTRY TRENDS AND ISSUES THROUGH SLAS ONLINE MAGAZINE, INFORMATION INSIGHTS, AND OUR SOCIAL MEDIA CHANNELS; EARN PROFESSIONAL CREDENTIALS AND SKILLS WITH SLA WEBINAR RECORDINGS, CONVENIENTLY ARCHIVED ONLINE; DEVELOP REWARDING PROFESSIONAL RELATIONSHIPS AT LOCAL CHAPTER MEETINGS AND EVENTS AND DISCIPLINE-SPECIFIC PROGRAMS AND AT THE SLA ANNUAL CONFERENCE; AND DEVELOP LEADERSHIP, MARKETING AND TECHNICAL SKILLS BY TAKING ADVANTAGE OF SLA VOLUNTEER OPPORTUNITIES.
PUBLIC AFFAIRS AND MARKETING: INCLUDES SLAS COMMUNICATIONS, PUBLIC RELATIONS, MARKETING, AND PUBLIC POLICY INITIATIVES. VARIOUS EFFORTS INCLUDE PRINTED, ORAL, AND RECORDED PRESENTATIONS; PRESS FUNCTIONS SUCH AS PRESS RELEASES, SCHOLARSHIP RECOGNITION, PHOTOGRAPHY AND MEETINGS WITH PRESS; MARKETING OF PRODUCTS AND SERVICES THROUGH PRINT, ELECTRONIC, EXHIBITIONS. PUBLIC POLICY INCLUDES OUTREACH TO MEMBERS, COLLABORATIVE EFFORTS WITH OTHER ORGANIZATIONS TO INFORM AND MOST EFFECTIVELY EDUCATE MEMBERS OF ISSUES WHICH MAY AFFECT THEM.
CONFERENCE AND MEETINGS: CONFERENCE AND MEETINGS OFFER THE PREMIER OPPORTUNITY FOR INTERACTION, LEARNING, AND RELATIONSHIP BUILDING BETWEEN THE FULL DIVERSITY OF MEMBERS, PROSPECTIVE MEMBERS, THOUGHT LEADERS, AND INDUSTRY PARTNERS. HERE THE ORGANIZATION FACILITATES CROSS POLLINATION AMONG GEOGRAPHICALLY AND PROFESSIONALLY DIVERSE MEMBERSHIP TO THE MUTUAL BENEFIT OF ALL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Lavallee-Welch Past President | OfficerTrustee | 10 | $0 |
Seema Rampersad President | OfficerTrustee | 10 | $0 |
John Digilio President Elect | OfficerTrustee | 10 | $0 |
Eugene Giudice Treasurer | OfficerTrustee | 10 | $0 |
Julie Snyder Secretary | OfficerTrustee | 10 | $0 |
Jim Miller Board Member | Trustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Charlotte Convention Center Audiovisual Services | 12/30/22 | $209,582 |
Mci Usa Management Fee | 12/30/22 | $995,000 |
The Westin Charolotte Convention | 12/30/22 | $186,571 |
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 | $4,478 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,478 |
| Total Program Service Revenue | $1,082,527 |
| Investment income | $48,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $27,064 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,632 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,167,101 |
| 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 | $995,000 |
| Fees for services: Legal | $1,068 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,116 |
| Fees for services: Other | $52,934 |
| Advertising and promotion | $970 |
| Office expenses | $30,575 |
| Information technology | $105,540 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $27,775 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $706,944 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,042 |
| All other expenses | $632 |
| Total functional expenses | $2,159,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $524,449 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,900 |
| 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 | $14,498 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,371,328 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,915,175 |
| Accounts payable and accrued expenses | $35,644 |
| Grants payable | $0 |
| Deferred revenue | $155,474 |
| 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 | $1,750 |
| Total liabilities | $192,868 |
| Net assets without donor restrictions | $559,200 |
| Net assets with donor restrictions | $1,163,107 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,915,175 |