London & Partners Us Limited
- Assets
- $45.6k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 14
- Location
- Hauppauge, NY
- Founding
- 02/2007
- Data as of
- 03/2023
- EIN
- 20-4292580
Organization Overview
London & Partners Us Limited is located in Hauppauge, NY. The organization was established in 2007. According to its NTEE Classification (S46) the organization is classified as: Boards of Trade, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 03/2023, London & Partners Us Limited employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. London & Partners Us Limited 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 03/2023, London & Partners Us Limited generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $1.8m during the year ending 03/2023. While expenses have increased by 15.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE COMMERCIAL, ENTREPRENEURIAL AND TRADE ACTIVITY IN THE REGION OF LONDON
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE CORPORATION IS TO ADVANCE COMMERCIAL, CULTURAL AND PROFESSIONAL ENTERPRISE AND ENTREPRENEURIAL ACTIVITY, TRADE AND BUSINESS UNDERTAKINGS OF ALL KINDS BY MEANS OF PROMOTION THROUGHOUT THE UNITED STATES OF INWARD FINANCIAL INVESTMENT, COMMERCIAL INTEREST AND ECONOMIC DEVELOPMENT IN THE REGION OF LONDON, ITS SURROUNDING BOROUGHS AND AREAS; TO STIMULATE INTERNATIONAL INVESTMENT, COMMERCIAL INTEREST AND ECONOMIC DEVELOPMENT IN SUCH REGION, BOROUGHS AND AREAS BY MEANS OF UNDERTAKINGS OF ALL TYPES AS AFORESAID AND A COMMERCIAL INTEREST GENERALLY AND PUBLIC AWARENESS THEREOF; TO PROVIDE ADVICE, SERVICES AND INFORMATION FOR PARTIES INTERESTED IN SUCH MATTERS AND FOR THE IMPLEMENTATION OF ITS POLICY AND STRATEGY AND TO ENCOURAGE DEALINGS IN EVERY SORT OF GOODS AND SERVICES IN SUCH REGION, BOROUGHS AND AREAS; TO PROMOTE HIGH STANDARDS OF BUSINESS. COLLECT. ANALYZE AND PUBLISH INFORMATION ON ALL SUBJECTS OF INTEREST, ARRANGE SEMINARS AND PRESENTATIONS OF ALL KINDS, AND REPRESENT IN THE UNITED STATES AND ELSEWHERE THE COLLECTIVE INTERESTS AND OPINIONS OF THE ORGANIZATION GENERALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allen Simpson Director/coo | OfficerTrustee | 40 | $0 |
James Cummings VP South West | 40 | $127,201 | |
Stephen Feline Director North America | 40 | $139,787 | |
Penelope Harwood Senior VP North West | 40 | $130,321 | |
Joshua Novick Vp, Business & Tourism | 40 | $128,966 | |
Amritraj VP Central | 40 | $113,397 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,784,679 |
| 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 | $1,784,679 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,784,679 |
| 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 | $861,918 |
| Pension plan accruals and contributions | $106,286 |
| Other employee benefits | $148,532 |
| Payroll taxes | $408,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,979 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,172 |
| Travel | $245,001 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $561 |
| Total functional expenses | $1,784,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $45,635 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $45,635 |
| 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 | $45,635 |
| Total liabilities | $45,635 |
| 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 | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $45,635 |