Society Of Financial Service Professionals
- Assets
- $9.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Latham, NY
- Founding
- 07/1982
- Data as of
- 06/2021
- EIN
- 14-1627736
Organization Overview
Society Of Financial Service Professionals is located in Latham, NY. The organization was established in 1982. According to its NTEE Classification (P03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Society Of Financial Service Professionals 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 06/2021, Society Of Financial Service Professionals generated $15.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $10.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Mabey Immed. Past President | 0 | $0 | |
John Mulvey Director | 0 | $0 | |
Melvin Glazier Director | 0 | $0 | |
Charles Reutemann President | 0 | $0 | |
Barry Rings President Elect | 0 | $0 | |
Erik Lachance Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,060 |
| Membership dues | $11,311 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,371 |
| 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 | $2,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,866 |
| Total expenses | $10,616 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,416 |
| Other assets | $0 |
| Total assets | $9,416 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,416 |
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