Northeastern Loggers Assn Inc
- Assets
- $673.1k
- Revenue
- $740.2k
- Investments
- $0.0
- Employees
- 14
- Location
- Old Forge, NY
- Founding
- 07/1961
- Data as of
- 12/2021
- EIN
- 15-0561931
Organization Overview
Northeastern Loggers Assn Inc is located in Old Forge, NY. The organization was established in 1961. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2021, Northeastern Loggers Assn Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeastern Loggers Assn 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 12/2021, Northeastern Loggers Assn Inc generated $740.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $719.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.7%) 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
TO SERVE ITS MEMBERSHIP AND THE REGION'S FOREST INDUSTRY BY DEVELOPING AND PROMOTING PROGRAMS AND SERVICES THAT STRENGTHEN THE COMMUNITY AS A WHOLE AND HELP MEMBERS PRODUCE PRODUCTS AND ENVIRONMENTAL BENEFITS TO MEET THE NEEDS OF THE AMERICAN PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NORTHEASTERN FOREST PRODUCTS EQUIPMENT EXPOSITION - OTHERWISE KNOWN AS THE LOGGERS' EXPO, IS THE PREMIER FOREST PRODUCTS INDUSTRY TRADE SHOW IN THE NORTHEASTERN US. THE LOGGERS' EXPO ALTERNATES BETWEEN BANGOR, MAINE IN ODD YEARS AND ESSEX JUNCTION, VERMONT IN EVEN YEARS. THE SHOW IS ANNUALLY LISTED AMONG THE 100 LARGEST EXHIBITIONS IN THE UNITED STATES.THE LOGGERS' EXPO TYPICALLY FEATURES 200-250 EXHIBITING COMPANIES AND ATTRACTS A RANGE OF 5,000 TO 7,000 ATTENDEES COMPRISED MAINLY OF ACTIVE INDUSTRY DECISION-MAKERS. THE LOGGERS' EXPO HAS BECOME THE PLACE WHERE SERIOUS BUSINESS IS ACCOMPLISHED BETWEEN BUYERS AND SELLERS OF FOREST INDUSTRY EQUIPMENT, SUPPLIES AND SERVICES. THE LOGGERS' EXPO FEATURES A MIX OF LIVE DEMONSTRATIONS AND STATIC DISPLAYS WITH BOTH INSIDE AND OUTSIDE DISPLAYS.
NORTHERN LOGGER MAGAZINE - THIS MONTHLY MAGAZINE IS DISTRIBUTED TO APROXIMATELY 9,000 MEMBERS OF THE FOREST PRODUCTS COMMUNITY IN NEW ENGLAND, NY, PA AND THE LAKE STATES. IT SERVES TO CREATE A SENSE OF COMMUNITY IN AN INDUSTRY THAT PRIMARILY WORKS IN REMOTE LOCALES IN THE REGION'S FORESTS BY OFFERING PROFILES OF LOGGERS AND SAWMILLERS IN THE REGION, BY UPDATING READERS ON SAFETY PROCEDURES AND TIPS TO HELP THEM AVOID INJURY, BY PROVIDING TIMELY REPORTING ON PENDING LEGISLATION REGARDING THE INDUSTRY AND BY PROVIDING AND AVENUE FOR READER COMMENT AND DISCUSSION.
EDUCATION AND TRAINING PROGRAMS - NELA PRODUCES A VARIETY OF SEMINARS AND WORKSHOPS IN STRATEGIC LOCATIONS AROUND THE NORTHESAT. THESE SESSIONS DEAL WITH PRODUCTIVITY, EFFICIENCY, BUSINESS, TAX AND REGULATORY ISSUES AND SAFETY AS THEY APPLY TO THE FOREST PRODUCTS INDUSTRY. NELA SEMINARS, IN ADDITION TO DELIVERING TIMELY AND IMPORTANT INFORMATION TO LOGGERS AND SAWMILLERS IN THE REGION, ALLOW MEMBERS OF THE FOREST PRODUCTS COMMUNITY TO INTERACT WITH ONE ANOTHER ON AN INFORMAL BASIS.
OTHER PROGRAM SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Phaneuf Executive Director | Officer | 40 | $95,259 |
Pat Sadler President | OfficerTrustee | 0 | $0 |
William Sayre Secretary | OfficerTrustee | 0 | $0 |
Errol Peters 2nd Vice President | OfficerTrustee | 0 | $0 |
Rocky Bunnell Chair | OfficerTrustee | 0 | $0 |
Andrew Clark 1st Vice President | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,857 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,512 |
| 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 | $101,369 |
| Total Program Service Revenue | $337,666 |
| Investment income | $38,118 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,599 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $740,216 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,986 |
| Compensation of current officers, directors, key employees. | $24,797 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $217,352 |
| Pension plan accruals and contributions | $20,162 |
| Other employee benefits | $41,919 |
| Payroll taxes | $25,222 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $555 |
| Office expenses | $10,596 |
| Information technology | $5,096 |
| Royalties | $0 |
| Occupancy | $8,268 |
| Travel | $33,382 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $141,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $22,362 |
| Insurance | $17,270 |
| All other expenses | $7,693 |
| Total functional expenses | $719,273 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $110,971 |
| Savings and temporary cash investments | $21,586 |
| 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 | $14,251 |
| Prepaid expenses and deferred charges | $3,113 |
| Net Land, buildings, and equipment | $212,570 |
| Investments—publicly traded securities | $308,982 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,667 |
| Total assets | $673,140 |
| Accounts payable and accrued expenses | $27,724 |
| Grants payable | $0 |
| Deferred revenue | $111,793 |
| 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 | $139,517 |
| Net assets without donor restrictions | $473,109 |
| Net assets with donor restrictions | $60,514 |
| 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 | $673,140 |
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