Practicing Institute Of Engineering is located in Albany, NY. The organization was established in 1981. According to its NTEE Classification (U42) the organization is classified as: Engineering, under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Practicing Institute Of Engineering 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 06/2022, Practicing Institute Of Engineering generated $106.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $103.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO OFFER COURSES OF INSTRUCTION, LECTURES AND SEMINARS FOR MEMBERS OF THE ENGINEERING PROFESSION, ENGINEERING SCHOOL GRADUATES AND ANCILIARY DESIGN PROFESSIONALS AND OTHER QUALIFIED PERSONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kathryn Viggiani Executive Director | 5 | $0 | |
John Sucharski III President | 1 | $0 | |
Neal J Illenberg VP Operations | 1 | $0 | |
Joseph Esposito VP Quality Assurance | 1 | $0 | |
Holger Lukas VP Accreditation | 1 | $0 | |
Joseph C Burruano Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $91,982 |
Membership dues | $9,750 |
Investment income | $4,181 |
Gain or Loss | $65 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $105,978 |
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 | $6,075 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $97,813 |
Total expenses | $103,888 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $90,036 |
Other assets | $0 |
Total assets | $251,762 |
Total liabilities | $54 |
Net assets or fund balances | $251,708 |