Rochester Technology And Manufacturing Association Inc
- Assets
- $1.9m
- Revenue
- $903.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Rochester, NY
- Founding
- 03/1978
- Data as of
- 12/2021
- EIN
- 22-2186029
Organization Overview
Rochester Technology And Manufacturing Association Inc is located in Rochester, NY. The organization was established in 1978. According to its NTEE Classification (S03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Rochester Technology And Manufacturing Association Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Technology And Manufacturing Association 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, Rochester Technology And Manufacturing Association Inc generated $903.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $585.3k during the year ending 12/2021. While expenses have increased by 5.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ROCHESTER TECHNOLOGY & MANUFACTURING ASSOCIATION PROMOTES ADVANCED MANUFACTURING INNOVATION AND GROWTH, IN THE GREATER ROCHESTER - FINGER LAKES REGION BY PARTNERING WITH INDUSTRY, ACADEMIA, & GOVERNMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ROCHESTER GAS & ELECTRIC (RG&E) ECONOMIC DEVELOPMENT OUTREACH PROGRAM TO SUPPORT MARKETING ACTIVITIES PROMOTING CAREERS IN MANUFACTURING ALONG WITH APPRENTICESHIP PROGRAMS AT MONROE COMMUNICTY COLLEGE TO HELP FILL JOB VACANCIES AND OPENINGS IN THE MANUFACTURING SECTOR.
A CONTRACT BETWEEN THE MANUFACTURERS ASSOCIATION OF CENTRAL NEW YORK (MACNY) AND ROCHESTER TECHNOLOGY AND MANUFACTURING ASSOCIATION (RTMA) FOR THE RTMA TO ACT AS THE INTERMEDIARY SPONSOR IN IMPLEMENTING APPRENTICESHIP PROGRAMS FOR MANUFACTURERS IN THE GREATER ROCHESTER AREA. THE INTENT IS TO PROVIDE SKILLED LABOR IN CRITICAL AREAS.
MEMBERSHIP FUNCTIONS, HEALTH INSURANCE COMMISSIONS, MEETINGS, SPONSORSHIPS, VALUE ADDED PROGRAM INCOME, ADVERTISING, APPRENTICESHIP PROGRAM FEES, PROMOTION AND MARKETING TO PROMOTE AND UNITE THE TOOLING AND MANUFACTURING INDUSTRY IN UPSTATE NEW YORK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Coyne Executive Director | Trustee | 40 | $123,390 |
Tricia Wittreich President | Officer | 2 | $0 |
Todd Hockenberger Vice President | Officer | 2 | $0 |
John Raimondi Secretary | Officer | 2 | $0 |
Tom Agnello Treasurer | Officer | 2 | $0 |
Joe Klein Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $155,540 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $240,857 |
| 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 | $396,397 |
| Total Program Service Revenue | $249,491 |
| Investment income | $17,466 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $130,308 |
| Net Income from Fundraising Events | -$5,628 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $903,441 |
| 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. | $131,300 |
| Compensation of current officers, directors, key employees. | $13,130 |
| Compensation to disqualified persons | $150,210 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $5,167 |
| Other employee benefits | $37,477 |
| Payroll taxes | $23,629 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,682 |
| Fees for services: Other | $3,281 |
| Advertising and promotion | $14,726 |
| Office expenses | $29,054 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,532 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $19,333 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,868 |
| Insurance | $7,562 |
| All other expenses | $4,574 |
| Total functional expenses | $585,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $680,800 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $181,685 |
| 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 | $13,888 |
| Investments—publicly traded securities | $1,028,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,195 |
| Total assets | $1,906,589 |
| Accounts payable and accrued expenses | $41,815 |
| 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 | $8,379 |
| Total liabilities | $50,194 |
| Net assets without donor restrictions | $1,856,395 |
| 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 | $1,906,589 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rochester Technology And Manufacturing Association Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Manufacturers Association Of Central New York Inc Syracuse, NY PURPOSE: TAACCT SUBCONTRACTOR | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Cargo Bureau Inc New York, NY | $143,044,465 | $25,246,803 |
Effie Worldwide Inc New York, NY | $5,194,477 | $9,012,893 |
Association For Iron And Steel Technology Warrendale, PA | $25,867,856 | $8,482,182 |
Association Of Junior Leagues International Inc New York, NY | $6,233,949 | $6,169,858 |
Pennsylvania Municipal League Harrisburg, PA | $4,038,620 | $4,353,678 |
General Contractors Association Of N Y Inc New York, NY | $5,224,579 | $3,924,601 |
Associated Construction Contractors Of New Jersey Inc Edison, NJ | $3,469,293 | $3,847,695 |
Continuing Care Leadership Coalition Inc New York, NY | $0 | $1,160,487 |
Metropolitan Marine Maintenance Contractors Association Inc Rutherford, NJ | $14,907,336 | $3,346,080 |
United Assoc Of Journeymen And Apprentices Of Plumbing & Pipefit Glens Falls, NY | $19,592,168 | $3,249,333 |
Northeast Business Group On Health Inc New York, NY | $2,773,628 | $2,187,232 |
Pennsylvania Surplus Lines Association Exton, PA | $6,353,987 | $2,358,445 |